Tag Archives: Carmakers

Tesla Autopilot probe could hurt the technology more than the carmaker’s bottomline

A Tesla sedan is shown after it struck a parked Laguna Beach Police Department vehicle in Laguna Beach, California, U.S. in this May 29, 2018 handout photo. (Image: Reuters) This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe The National Highway Traffic Safety Administration’s probe into 11 crashes of Teslas (TSLA) using the company’s… Source link

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Elon Musk Says There’s A Reason Why Only 2 US Carmakers Have Avoided Bankruptcy Out Of Thousands

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said Thursday that his electric vehicle firm and Ford Motor Company (NYSE: F) were the only American carmakers not to have gone bankrupt out of the thousands of startups operating in the industry. What Happened: Musk reasoned on Twitter that while “prototypes are easy, production is hard [and] being cash flow positive is excruciating.” The entrepreneur also reacted to Twitter users who posted on the rivalry between the two companies’ trucks. Why It… Source link

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