In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Workers assemble cars on the line at Tesla’s factory in Fremont. David Butow (Photo by David Butow/Corbis via Getty Images) David Butow | Corbis News | Getty Images Electric vehicle maker Tesla has settled a racist discrimination lawsuit in which a federal jury previously awarded
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Laurence Edmondson, F1 EditorMar 15, 2024, 09:06 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Lewis Hamilton has finished in seventh and ninth in the first two grands prix of the 2024 season. GIUSEPPE CACACE/AFP via Getty Images For the third season in a row, Lewis Hamilton struggled
In this article 9866-HK Follow your favorite stocksCREATE FREE ACCOUNT Nio holds a product event in Shanghai on Sept. 21, 2023. Evelyn Cheng | CNBC BEIJING — Chinese premium electric car company Nio said Thursday it plans to reveal its mass market brand in May. Executives confirmed the new brand will be named “Le Dao”
The Porsche Mission X on display at the IAA Mobility 2023 show in Munich, Germany. Arjun Kharpal | CNBC Porsche on Tuesday warned that profitability will decline this year as it launches new models amid tough economic conditions, but hiked its dividend on the back of a rise in 2023 operating profit. The German luxury
Andrew Merry | Moment | Getty Images DETROIT — The buzz around electric vehicles is wearing off. For years, the automotive industry has been in a state of EV euphoria. Automakers trotted out optimistic sales forecasts for electric models and announced ambitious targets for EV growth. Wall Street boosted valuations for legacy automakers and startup
U.S. Treasury Secretary Janet Yellen testifies before a House Financial Services Committee hearing on the “Annual Report of the Financial Stability Oversight Council” on Capitol Hill in Washington, U.S., February 6, 2024. Amanda Andrade-rhoades | Reuters Treasury Secretary Janet Yellen on Wednesday lauded President Joe Biden‘s investment in electric vehicles for accelerating the sector, even
Ryan McGee, ESPN Senior WriterMar 13, 2024, 03:21 PM ET Close Senior writer for ESPN The Magazine and ESPN.com 2-time Sports Emmy winner 2010, 2014 NMPA Writer of the Year Open Extended Reactions Christopher Bell won Sunday’s NASCAR Cup Series race in Phoenix by nearly 5½ seconds. Meg Oliphant/Getty Images It has been a few days
Philippine Department of Trade and Industry Secretary Alfredo Pascual (R) and US Commerce Secretary Gina Raimondo attend a press conference in the Philippines on March 11, 2024. Jam Sta Rosa | Afp | Getty Images Chinese electric cars can one day drive on U.S. roads if there are enough government controls on software and sensors,
In this article GM TSLA Follow your favorite stocksCREATE FREE ACCOUNT General Motors Executive Vice President Global Manufacturing and Labor Relations Gerald Johnson (middle) watches as engineers and technicians set-up and test the machines that will be used to manufacture Level 1 face masks at a plant in Warren, Michigan. Photo by John F. Martin
Alex Kennedy Mar 9, 2024, 08:59 AM ET Open Extended Reactions Though there aren’t any big sports movies in contention at the Oscars this weekend, there’s an ongoing debate about the best examples of the genre in cinema history. What are the most-searched sports movies of all time in the United States? Since Google Trends
Chinese consumer electronics company Xiaomi revealed Thurs., Dec. 28, 2023, its long-awaited electric car, but declined to share its price or specific release date. CNBC | Evelyn Cheng BEIJING — Chinese smartphone company Xiaomi announced Tuesday it would formally launch its long-awaited electric car on March 28. The company claimed in a social media post
Mar 8, 2024, 10:39 AM ET Open Extended Reactions Audi will take 100% control of Swiss-based Sauber ahead of its transformation into the German carmaker’s factory Formula One team from 2026, the Volkswagen-owned brand said on Friday. Oliver Hoffmann will step down from Audi’s management board to take overall responsibility for the F1 programme while
ESPN News Services Mar 11, 2024, 12:33 PM ET Open Extended Reactions Former Formula One driver Felipe Massa said on Monday he had filed a lawsuit in a London court against auto racing’s governing body FIA, series owner Formula One Management (FOM) and FOM’s former CEO Bernie Ecclestone amid his attempt to claim the 2008
A view of the vehicles parked on the street in Paris, France on Nov. 22, 2023. Anadolu | Anadolu | Getty Images Parisians have voted to hike parking fees on large SUVs — and it’s not the only European city to set its sights on heavier, more polluting cars. At a referendum in Paris last
Laurence Edmondson, F1 EditorMar 10, 2024, 09:12 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Lewis Hamilton said Mercedes still needs to make “big changes” if it is to challenge Red Bull for wins this season. Hamilton is set to leave the team at the end of
Tesla CEO Elon Musk photographed in Austin, Texas, on April 7, 2022. The electric vehicle firm has also made forays into battery storage. Suzanne Cordeiro | AFP | Getty Images Elon Musk’s pick to be district attorney of Texas’ Travis County lost on Tuesday, hours after the Tesla CEO sent a companywide email urging employees
Associated Press Mar 10, 2024, 03:26 PM ET Open Extended Reactions ST. PETERSBURG, Fla. — Team Penske silenced recent criticism aimed at series leadership by dominating the IndyCar season-opening race with a Josef Newgarden win from the pole Sunday on the downtown streets of St. Petersburg. Pato O’Ward of Arrow McLaren Racing broke up the
In this article FSR Follow your favorite stocksCREATE FREE ACCOUNT Henrik Fisker, a widely respected Danish automotive designer, joined the battle for electric vehicle dominance in 2007 with his first endeavor, Fisker Automotive, but failed. The company ended with his resignation and bankruptcy in 2013. Now the designer-turned-CEO is back and determined to get it
Associated Press Mar 9, 2024, 04:20 PM ET Open Extended Reactions ST. PETERSBURG, Fla. — Josef Newgarden won the pole for IndyCar’s season-opening race on Saturday, giving Team Penske something to celebrate as its leadership faced criticism throughout the paddock for its management of the series. It made for a weird day on what is
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk at a Tesla Motors press conference at the 2009 North American Auto Show. James Leynse | Corbis Historical | Getty Images The term “collectible vehicle” might conjure up images of an elegant convertible from the 1930s, or maybe a souped-up muscle car. But
Laurence Edmondson, F1 EditorMar 8, 2024, 06:44 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Ferrari driver Carlos Sainz will miss the Saudi Arabian Grand Prix after he was diagnosed with appendicitis following Thursday’s practice sessions. He will be replaced by 18-year-old Ferrari reserve driver Oliver Bearman,
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Trump advisor Steve Bannon (L) watches as President Donald Trump greets Elon Musk, SpaceX and Tesla CEO, before a policy and strategy forum with executives in the State Dining Room of the White House February 3, 2017 in Washington, DC. Brendan Smialowski | AFP |
Associated Press Mar 8, 2024, 03:21 PM ET Open Extended Reactions ST. PETERSBURG, Fla. — Michael Andretti shied away from discussing his rejection by Formula One on Friday in his first interview since the series denied his application to join the grid as a true American team. “We’re in the process of doing things, so
Chevrolet All-Electric Blazer EV Scott Mlyn | CNBC DETROIT – General Motors is reducing the price of its new Chevrolet Blazer EV by thousands of dollars as it restarts sales of the vehicle Friday following an 11-week stoppage to address software issues. Current 2024 Blazer EV models will start at $50,195, or $6,520 less than
Marshall Pruett, Racing columnistMar 8, 2024, 10:04 AM ET Open Extended Reactions Can anyone keep Álex Palou from winning his third IndyCar championship in four years this season? Chris Owens Will the Chip Ganassi Racing and Team Penske steamroller effect continue into another season of IndyCar racing? We’re about to find out as the American open-wheel
The Starlink photo is seen on a mobile device with Ukraine on a map in the background in this illustration photo in Warsaw, Poland on 21 September, 2022. STR | Nurphoto | Getty Images House Democrats Robert Garcia, D-Calif. and Jamie Raskin, D-Md, sent a letter to SpaceX demanding transparency from the defense contractor following
Laurence Edmondson, F1 EditorMar 5, 2024, 07:40 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Saudi Arabia has released computer-generated images of its planned new racing circuit in Qiddiya, which will feature a 20-storey-high elevated first corner and a swimming pool overlooking a section of track. Since
In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT Rivian CEO RJ Scaringe reacts at an event to unveil a smaller R2 SUV in Laguna Beach, California, U.S., March 7, 2024. Mike Blake | Reuters Shares of Rivian Automotive surged roughly 10% Thursday as the EV maker unveiled three new vehicles and announced more
Open Extended Reactions The employee who accused Red Bull F1 team boss Christian Horner of inappropriate behaviour has been suspended by the company, sources with knowledge of the situation confirmed to ESPN. Last week Horner was cleared of misconduct after a lengthy investigation by parent company Red Bull GmbH. The employee, who still has the
U.S. Energy Secretary Jennifer Granholm speaks to reporters during a press briefing at the White House in Washington, June 22, 2022. Kevin Lamarque | Reuters China could flood the U.S. electric-vehicle market with low-cost offerings, Energy Secretary Jennifer Granholm warned Wednesday, weeks after President Joe Biden raised similar concerns. “We are very concerned about China
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