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Tesla Shares Soar – But Gravity Could Step In

Tesla Shares Soar – But Gravity Could Step In

Barely two weeks ago, Elon Musk cracked a marijuana joke as Tesla’s stock surged to $420 a share – that number a long-time doper’s slang for weed. He’ll have to come up with another way to celebrate what’s happened since then, hitting a peaks of nearly $500 a share...
Mercedes-Benz Poised to Take Luxury Sales Title Again

Mercedes-Benz Poised to Take Luxury Sales Title Again

The battle for the annual luxury sales crown appears to have been won by Daimler AG’s Mercedes-Benz, which sold 2.34 million passenger cars in 2019, a 1.3% increased, edging out perennial competitor BMW. Daimler laid claim to the title gain with its ninth consecutive...
Faraday Drives Prototype from LA to Las Vegas for CES

Faraday Drives Prototype from LA to Las Vegas for CES

After a period of silence, Faraday Future is using Consumer Electronics Show in Las Vegas for a low-key demonstration of its vehicle’s capability, starting with key executives driving one of the company’s prototype electric vehicles from its base near Los Angeles to...
Daimler, Volvo Pondering Potential Engine Partnership

Daimler, Volvo Pondering Potential Engine Partnership

With the high cost of developing electric and autonomous vehicles hanging over the industry, two longtime European rivals are considering combining forces to develop combustion engines that will be used in the future, according reports from Germany. Geely, the Chinese...