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Tesla's Second-Quarter Profit Falls 45% to $1.48 Billion

DETROIT — Tesla’s second-quarter net income fell 45% compared with a year ago as the company’s global electric vehicle sales tumbled despite price cuts and low-interest financing.

July 23, 2024

FMCSA, NHTSA Delay Posting of Significant Rulemakings

Regulators are delaying until 2025 a supplemental heavy-duty truck speed limiter proposed rule, an automatic emergency braking final rule and a proposed new truck driver seizure standard.

July 16, 2024

California Awards $27 Million to Container Ports

California’s business and economic development office has awarded $27 million to fund 10 projects at its five container ports to improve data systems and interoperability.

July 16, 2024

Tesla Delays Robotaxi Event in Blow to Musk’s Autonomy Drive

Tesla is postponing its planned robotaxi unveiling to October to allow teams working on the project more time to build additional prototypes, according to people familiar with the decision.

July 12, 2024

Flying Taxi Startup Lilium Close to Saudia Order

Lilium NV is close to selling 100 electric flying taxis to Saudi Arabia’s state-owned airline, formalizing a framework deal arranged in late 2022.

July 10, 2024

Driverless Car Hits Person Crossing Against Light in China

BEIJING — A driverless ride-hailing car in China hit a pedestrian, and people on social media are taking the carmaker’s side because the person was reportedly crossing against the light.

July 9, 2024

Stellantis Invests Additional $55M in Electric Air Taxi

Stellantis has invested an additional $55 million in the electric air taxi company Archer Aviation following a successful test flight and other major milestones.

July 2, 2024

Perspective: Autonomous Trucking Is Not a Race

How will self-driving trucks win the trust of the millions of Americans driving their own vehicles alongside them?

July 1, 2024

Freight Focus: Autonomous Trucking

The trucking industry experienced its first increase in tonnage this year in May, American Trucking Associations reported June 18. 

July 1, 2024