Tesla Stock Sets New High, Surging Past $900 a Share

Tesla Stock Sets New High, Surging Past $900 a Share

If Tesla Inc. is looking to develop a corporate motto it might consider “let the good times roll,” as the California-based EV maker has enjoyed a wave of positive news and events, the latest being that it’s stock price rolled past the $900 mark. The company’s jumped...
Cruise Reveals Origin of its Coming Autonomous Fleet

Cruise Reveals Origin of its Coming Autonomous Fleet

Fully driverless, without even a steering wheel and pedals for backup, the battery-powered Cruise Origin might look like it rolled off the set of a science fiction film but it is all but ready to go into production, officials with the San Francisco-based autonomous...
Ford Investing $1.45 Billion in Two Michigan Plants

Ford Investing $1.45 Billion in Two Michigan Plants

Ford Motor Co. is investing more than $1.45 billion in two Michigan plants to bolster is truck production and development and production of electric and autonomous vehicles. The Dearborn, Michigan-based automaker will add a total of 3,000 jobs at facilities in...
GM Investing $1.5 Billion to Update Midsize Trucks

GM Investing $1.5 Billion to Update Midsize Trucks

General Motors is investing $1.5 billion to update its popular midsize trucks – Chevrolet Colorado and GMC Canyon – including $1 billion at its Wentzville, Missouri plant. While revealing the amount it plans to spend to make remain competitive with the competition...
Audi Cutting 9,500 Jobs, Guarantees Future EV Production

Audi Cutting 9,500 Jobs, Guarantees Future EV Production

Audi’s new 10-year labor agreement with two plants in Germany allows the automaker to cut 9,500 jobs during the next five years, with a promise of extending job guarantees and adding 2,000 jobs back as the company expands its production of electric vehicles. The...