Texas Instruments falls after the chip maker’s first-quarter earnings forecast misses estimates, and Boeing declines after revealing it expects to post a wider fourth-quarter loss because of strikes at the aerospace giant.
On Wall Street, Tesla drove 2.9% higher even though Elon Musk’s electric-vehicle company reported a weaker profit for the latest quarter than analysts expected. Mr Musk asserted Tesla will offer unsupervised “full self-driving” technology to its customers as a paid service starting in Austin in June.
Elon Musk’s Tesla paid a total of $0 in federal income taxes in 2024, new tax reports show, despite the company having raked in billions of dollars in income and being the most valuable car company in the world.
Tesla Inc. is planning on launching a self-driving paid service in Austin later this year, CEO Elon Musk confirmed in a Jan. 29 earnings call. “We feel confident in being able to do an initial launch of unsupervised, no one in the car, full self-driving in Austin in June,” Musk said on the call.
Last year, Ford began the process of delivering adapters that allow Mach-E and Lightning drivers to charge at Tesla Superchargers. Ford EVs include the CCS charging port, and this adapter converts that CCS connection into the North American Charging System (NACS) plug type.
As the Lucid Gravity EV gets Supercharger access this week, CEO Peter Rawlinson (a former Tesla exec) gives us the rundown on the origins of the Model S and the future of EV charging.
NEW YORK (AP) — Sean Duffy, the new transportation secretary, faces his first major crisis just hours after his swearing-in.
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Muscle-car fans should remember the last Shelby GT350, which was produced by Ford, because it featured a flat-plane crank V8 that could rev all the way to 8,250rpm – something no Mustang before could handle. This time, however, the new GT350 models will be built by Shelby American.
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