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As Q1 Profit Falls 55%, Tesla to Focus on Cheaper Vehicles

Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours trading April 23 as the company said it would accelerate production of more affordable vehicles.

April 24, 2024

Weather Sensors Will Aid Autonomous Trucks in Fort Worth

The federal government awarded Fort Worth, Texas, $2 million to test weather sensors on autonomous freight truck routes.

April 18, 2024

Kentucky Lawmakers Override Veto, OK Fully Autonomous Vehicles

Kentucky has legally paved the way for autonomous vehicles on its roadways with the legislators gathering enough support April 12 to override ’s veto.

April 16, 2024

New Intangles Service Helps Truckers Find Mechanic Shops

Intangles launched a new product designed to help truck drivers find a mechanic while on the road before vehicle issues occur, the predictive maintenance company announced April 11.

April 15, 2024

Self-Driving Startup Wayve Expands to Vancouver

British autonomous driving startup Wayve Technologies Ltd. is opening a research center in Vancouver, adding its second location in North America to accelerate its growth.

April 11, 2024

Cruise to Resume Testing Its Robotaxi Service in Phoenix

Cruise is preparing to resume testing its robotaxis with safety drivers in Phoenix, marking an important step in its attempts to resume service after grounding its fleet last year.

April 9, 2024

Tesla Shares Jump as Investors Buy Into Musk’s Robotaxi Hype

When Elon Musk announced late April 5 that he’ll unveil a Tesla Inc. robotaxi in August, it was a clear attempt to arrest a spiral for the once high-flying carmaker.

April 8, 2024

Kodiak Forms Autonomous Truck Council With Walmart, UPS

Kodiak Robotics launched an advisory council to bolster its efforts to commercialize autonomous trucks with the help of trucking industry leaders, the company announced March 27.

April 8, 2024

Musk Says Tesla Will Unveil Robotaxi in August

Tesla Inc. plans to unveil its long-promised robotaxi later this year as the electric carmaker struggles with weak sales and competition from low-cost Chinese EVs.

April 5, 2024