Customers admire a Tesla Model 3 electric vehicle at a Tesla store in Honolulu, Hawaii. Alex Tai | SOPA Images | Lightrocket | Getty Images U.S. consumers have been making the move to all-electric vehicles more slowly than many expected — but a growing leader in EV adoption is Hawaii. The tropical island state this … Read more
Drivers charge their Teslas in Fountain Valley, CA, on Wednesday, March 20, 2024. Jeff Gritchen | Medianews Group | Getty Images Tesla said on Friday that it’s cutting the subscription price of its premium driver assistance system for customers in the U.S. Marketed as its Full Self-Driving, or FSD, package, Tesla customers will now pay … Read more
Maskot | Maskot | Getty Images The bulk of Americans buying qualifying new electric vehicles are opting to receive an associated tax credit upfront from the car dealer instead of waiting until tax season, according to new Treasury Department data. About 90% of consumers who qualify for a “new clean vehicle” tax credit — … Read more
Two California agencies that regulate robotaxis said they haven’t heard from Tesla about its plans for the cars, even though Tesla CEO Elon Musk announced last week that he’ll reveal a new robotaxi product in August. The California Department of Motor Vehicles and the California Public Utilities Commission, or CPUC, said in separate statements to NBC News … Read more
Just as the auto industry was grappling with BYD ‘s rapid rise, Chinese smartphone company Xiaomi has burst into the market — undercutting Tesla and vowing to become a global player. Even as Apple this year scrapped development of an electric, self-driving car , Xiaomi’s founder and CEO Lei Jun pledged that making a car … Read more
Jim Cramer’s daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. JPMorgan : CEO Jamie Dimon’s annual letter to shareholders is out. He thinks artificial intelligence can be as revolutionary as the printing press, steam engine, electricity, computing, and the internet. He also sees a broad range of interest … Read more
A Cruise vehicle in San Francisco on Feb. 2, 2022. David Paul Morris | Bloomberg | Getty Images General Motors’ Cruise self-driving vehicle unit will redeploy cars on U.S. roadways Tuesday for the first time since October, beginning with a small fleet of human-driven vehicles in Phoenix, the company said. The relaunch comes after the … Read more
2025 Toyota 4Runner TRD Pro Toyota Toyota Motor revealed a new 4Runner SUV for the first time in nearly 15 years — completing a recent redesign of the automaker’s current trucks and SUVs. Aside from its new looks, which are similar to the recently redesigned Toyota Tacoma pickup, the 2025 4Runner will be offered with … Read more
WARREN, Mich. — General Motors has redesigned Buick’s flagship Enclave SUV as the latest testament to the automaker’s ongoing reinvention of the roughly 125-year-old brand. The updates to the 2025 Enclave — from new tech to exterior to interior redesigns — complete Buick’s refresh of its current four-vehicle lineup. In 2022, Buick unveiled an aggressive … Read more
A Tesla Model X burns after crashing on U.S. Highway 101 in Mountain View, California, U.S. on March 23, 2018. S. Engleman | Via Reuters Tesla has settled a wrongful death lawsuit brought by the family of Walter Huang, an Apple engineer and father of two who died after his Model X SUV, with Autopilot … Read more
