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Elon Musk's Tesla and SpaceX lose $420 billion in combined market cap after midterms
SpaceX struck a multiyear deal with Qualcomm to build out base stations for its Starlink Mobile cellular network.
Uber reported better-than-expected revenue but its mobility unit faced higher fuel costs overseas and tighter driver supply.
Ferrari raised its 2026 guidance Tuesday after third-quarter revenue and adjusted earnings per share edged past Wall Street expectations.
Automakers including Ford, Rivian and GM are expanding 3D printing to make prototypes, factory tools and low-volume parts faster and at lower cost.
Data indicates cheap cars are selling fast, but a few lower-priced segments still saw sales drop in the third quarter. Here's what might be happening.
Rivian also revised its 2026 guidance to mark expected improvements in its vehicle deliveries, pre-tax adjusted earnings and capital expenditures.
Alphabet's Other Bets segment, which includes Waymo, accounted for 0.3% of total revenue in the quarter.
Ford Motor reported earnings that beat Wall Street’s estimates but slightly missed on revenue.
Autumn has traditionally been the peak time to buy vehicles in China, but this year many showrooms are empty or shut.
European car giant Stellantis said Wednesday that it recorded a 4 billion euro ($4.5 billion) cash shortfall in the third quarter.
President Donald Trump has threatened to double tariffs on Canadian vehicles and parts from 25% to 50% if a trade deal is not reached between the two countries.
GM expects to keep its “GM” ticker symbol, and the company says shareholders do not need to take action because of the transfer.
Luxury German carmaker Porsche said it's rapidly reducing its exposure to the Chinese autos market after reporting a profit recovery in the first nine months.
Audi's CEO defended the company's plans for a $4 billion plant in Georgia, calling it a business decision to grow sales and reduce exposure to U.S. tariffs.
With SpaceX imposing speed limits on Starlink in Ukraine and hampering military operations, Kyiv is looking for alternatives.
A Tesla-SpaceX merger may be in the works, but the companies face a long road of negotiations and regulatory reviews.
The Swedish automaker cited a deteriorating environment led by "tougher" market conditions in China and the U.S., which "negatively affected free cash flow."
SpaceX's stake in Boring Co. helped boost its net income in the third quarter.
General Motors is targeting a roughly two-year vehicle development cycle as it expands its use of artificial intelligence, simulation and vehicle software.
Tesla reported better-than-expected third-quarter results.
Bain says tech leads purchase considerations in China while price remains No. 1 in the U.S. and Europe, as pressure mounts on Western carmakers.
GM narrowed its 2026 earnings guidance and raised its adjusted automotive free cash flow outlook after beating Wall Street’s third-quarter estimates.
Ukrainian officials complained this week that SpaceX had limited internet connectivity without advance notice.
Porsche revealed a concept car called Mission S as part of a turnaround plan that includes efforts to boost profits through higher-end products and lower sales.
Elon Musk first debuted the Roadster refresh concept in 2017 but Tesla has since missed every targeted delivery date.
An analyst who follows the industry says there are four ways recent changes to fuel economy rules will shift investment toward the most profitable segments.
Korean car company Hyundai says India is a strategic core market
Ex-FEMA CFO Mary Comans' name was cleared by a federal judge after Elon Musk and other government officials falsely accused her of criminal actions in 2025.
General Motors CEO Mary Barra said that the automaker is still on track to introduce "eyes-off, hands-off" driving technology by 2028.