Tesla released its 2026 first-quarter financial earnings today, providing another look at the progress of Elon Musk’s $1 trillion bet to transform his company into a leader of AI and robotics. Tesla said it earned $477 million in net income on $22.4 billion in revenue in the quarter that ended in April 2026. That’s a […]
Ever since BMW first announced its “Neue Klasse” next-generation electric vehicle architecture and design language way back in 2021, the question on many fans’ minds was when the new technology would reach the automaker’s flagship 7 Series. Well, that moment has finally arrived. Today, at events in New York City and Beijing, BMW unveiled its […]
The Mercedes-Benz C-Class, typically a benchmark in luxury compact sedans, now gets an all-important electric variant. The new C 400 4MATIC is built on an 800-volt architecture designed for efficiency and long-distance travel. Its estimated range is up to 762 kilometers (473 miles) on the WLTP cycle. And Mercedes boasts that it’s the “sportiest C-Class […]
Tesla claims to have launched a robotaxi service in Dallas and Houston over the weekend, but so far, online crowdsourcing tools indicate that very few cars are actually available. On Saturday, @TeslaRobotaxi posted a 14-second video of a Model Y vehicle driving without any human safety monitor in the front seats. Elon Musk re-posted the […]
Doug Field, who left Apple five years ago to helm Ford’s multibillion-dollar bet on electric vehicles and software, is stepping down next month. Replacing him will be Alan Clarke, the ex-Tesla engineer who now leads Ford’s California-based skunkworks lab. Clarke’s new title will be vice president of advanced development projects, and he will continue to […]
I’ve been reporting on self-driving cars for over a decade, and I’ve seen the technology go through many ups and downs, highs and lows. But one thing has remained remarkably the same over the years: the public just ain’t buying it. Poll after poll has revealed a deep and abiding skepticism toward autonomous vehicles. People […]
Lucid is making some changes. The luxury EV company said Tuesday that it was expanding its robotaxi deal with Uber – and nabbing some additional investment cash in the process. And it’s naming a new CEO who hails not from the world of electric vehicles, but from a company that manufactures a different kind of […]
A year ago, Mercedes-Benz did the prudent thing and paused its EQ lineup of electric vehicles in the US. With customer demand drying up for luxury EVs, and federal incentives getting axed by vengeful Republicans, Mercedes put its first-generation EVs on ice. But then, in January, Mercedes quietly reintroduced the EQS brand in the US, […]
Slate Auto, the EV startup backed by Jeff Bezos, raised $650 million to fund its effort to build an affordable electric pickup truck expected to start in the mid-$20,000s. The company plans on delivering its first EV later this year. The Series C round was led by TWG Global, headed by Guggenheim Partners founder and […]
Dutch regulators, the RDW, announced that after over a year and a half of testing, it has officially approved Tesla’s Full-Self Driving (FSD) Supervised. This makes the Netherlands the first European country to authorize the use of FSD on its roads. This could open the door to wider adoption throughout the EU. Tesla’s European headquarters […]