Shares of electric vehicle manufacturer Rivian (NASDAQ:RIVN) fell 4.8% in the morning session after the company recalled over 24,000 of its 2025 model year R1T and R1S vehicles due to a software issue.
Scaringe also outlined the company’s autonomy roadmap, stating that the $45,000 R2 will transition from highway-only self-driving to “hands-free everywhere” and eventually “eyes-off” capability by 2028.
Tesla's (NASDAQ: TSLA) audacious move to open its proprietary Supercharger network and connector, now formally known as the North American Charging Standard (NACS), has sent ripples through the automotive industry, effectively reshaping the future of electric vehicle (EV) charging infrastructure. This strategic repositioning is not merely a technical adjustment; it's
Palo Alto, CA – Tesla, Inc. is navigating a profound strategic duality, with its once-dominant core automotive business facing mounting challenges even as its ambitious ventures in artificial intelligence (AI) for robotics and utility-scale energy storage surge forward with significant advancements. The company, which pioneered the modern electric vehicle (EV) market,
Shares of electric vehicle manufacturer Rivian (NASDAQ:RIVN) jumped 3.1% in the afternoon session after the company and Volkswagen Group announced a joint semiconductor procurement strategy to streamline their supply chain and cut costs.
American households are bracing for a significant financial hit as a wave of tariff-induced inflation sweeps across critical consumer goods and services. From the family car to essential baby products, and even the cost of staying healthy, prices are already on an upward trajectory or are poised for substantial hikes.
The American dream of homeownership has become an increasingly distant reality for millions, as a perfect storm of persistent inflation and soaring interest rates has sent the cost of buying and maintaining a home to unprecedented levels since 2020. This dramatic surge has not only strained household budgets but has
Escalating global conflicts are driving a profound and unprecedented reassessment of supply chain resilience across the world's most critical industries. From the war in Ukraine to persistent geopolitical tensions in East Asia, a new era of disruption has made fragile, just-in-time logistics models a relic of the past. This "polycrisis"
The ongoing conflict in Ukraine has sent unprecedented shockwaves through global commodity markets, triggering dramatic price spikes and severe supply disruptions across essential agricultural goods and critical industrial metals. From the vital grain belts of Eastern Europe to the mines supplying the world's burgeoning tech and automotive industries, the war
The story is scintillating enough on the surface. Eventually though, the company will need to make a profitable product at a scale that competes with some (much) bigger rivals.
Global financial markets are currently navigating a turbulent sea, buffeted by a relentless storm of escalating trade tensions and proliferating geopolitical risks. The convergence of these powerful forces is casting a long shadow over investor sentiment, amplifying market volatility, and injecting profound uncertainty into corporate outlooks worldwide. From punitive tariffs
The global financial landscape is currently in a state of heightened apprehension, grappling with a complex confluence of escalating geopolitical risks. The specter of President Trump's proposed "reciprocal tariffs," coupled with China's swift retaliatory measures and the persistent instability arising from international conflicts in Ukraine and the Middle East, is
Financial markets are currently a tempest of conflicting emotions, with investors caught between the siren song of impending interest rate cuts and the persistent drumbeat of economic anxieties and political uncertainties. This mixed sentiment paints a complex picture, leading to heightened volatility and cautious repositioning across portfolios. While the anticipation
