FILE PHOTO: CEO Eles Musk of Tesla Inc. Speaks at an Opening Ceremony for Tesla’s China Model Y Program in Shanghai, China January 7, 2020. REUTERS / Aly Song (Reuters) – Elon Musk said Thursday that Tesla Inc’s (TSLA.O) factory in Nevada was the target of a “serious” cybersecurity attack, …
Read More »Tesla shares rise to record highs, leaving rivals behind
(Reuters) – Tesla Inc shares continued their meteoric rise on Thursday, scoring another record high and further widening the gap between the Silicon Valley electric carmaker and its traditional competitors in the auto industry. FILE PHOTO: Tesla Inc. Gigafactory 2, also known as RiverBend, is pictured at the spread of …
Read More »Porsche launches investigation into suspected engine manipulation – BamS
FILE PHOTO: A Porsche logo is seen outside a Porsche car dealership, amid the outbreak of coronavirus (COVID-19) in Brussels, Belgium 28 May 2020. REUTERS / Yves Herman FRANKFURT (Reuters) – Volkswagen’s (VOWG_p.DE) Luxury unit for sports motors Porsche AG has begun an internal investigation into the suspected manipulation of …
Read More »Exclusive: GM bet on electric Cadillacs and micro vans to return China’s slide
SHANGHAI (Reuters) – General Motors (GM.N) renews its Chinese line-up with a greater emphasis on electric cars and smart-drive technology to put a slump in sales after more than two decades of growth in a country that contributes nearly a fifth of its profits. PHILO PHOTO: A new GM Cadillac …
Read More »Amazon to help Toyota build cloud-based data services
Signature seen at Amazon facility in Bethpage on Long Island, New York, USA, March 17, 2020. REUTERS / Andrew Kelly (Reuters) – Amazon.com Inc’s (AMZN.O) Cloud Computing Unit will be the Japanese Toyota Motor Corp (7203.T) build a platform to help manage and monetize data collected from the automaker’s global …
Read More »