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Lyft to Develop Its Own Self-driving Car Technology

Lyft Inc has formed a self-driving car division, company executives said, a bold investment for the second-largest U.S. ride-services firm as it jockeys for position in the highly competitive autonomous vehicle race. (more…)

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Elon Musk Warns America’s Governors Against Artificial Intelligence, Says It Poses An ‘Existential Risk’

Tesla CEO Elon Musk, speaking to U.S. governors this weekend, told the political leaders that artificial intelligence poses an "existential threat" to human civilization. (more…)

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Tesla Executive Klaus Grohmann Ousted After Clash With CEO Elon Musk

Tesla (TSLA.O) executive Klaus Grohmann was ousted last month after a clash with Chief Executive Elon Musk over the strategy of Grohmann's firm, which Tesla had acquired in November, a source familiar with the matter told Reuters. (more…)

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Tesla Overtakes General Motors as Most Valuable U.S. Car Maker

For the first time in the era of the modern automobile, the most valuable U.S. car maker is not based in Detroit. (more…)

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Jeff Bezos to Sell $1 Billion a Year in Amazon Stock to Finance Blue Origin

Standing against the backdrop of his New Shepard rocket booster and a full-scale mock capsule for carrying humans into space, Jeff Bezos revealed on Wednesday that he was selling about $1 billion in Amazon stock a year to finance his Blue Origin rocket company. (more…)

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Elon Musk Mocks Short Sellers After Tesla’s Stock Surges 5.8 Percent

As Tesla Inc's (TSLA.O) strong quarterly vehicle deliveries sent its stock to a record high on Monday, Chief Executive Elon Musk took a swipe at traders betting the luxury electric car company is on a road to ruin. (more…)

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Trump to Discuss Infrastructure Spending With Elon Musk and Other Business Leaders

U.S. President Donald Trump on Wednesday will discuss the administration's plans to boost infrastructure spending with Elon Musk, who heads Tesla Inc and Space X, and other business leaders, a White House official said. (more…)

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United Auto Workers Aiming to Unionize Tesla, VW, Nissan Plants

The United Auto Workers union is escalating its organizing efforts with several automakers, including Tesla, and is using widely different strategies as it tries to translate ongoing campaigns into tangible wins, UAW leaders and other sources say. (more…)

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Elon Musk, United Auto Workers Union Spar Over Tesla Factory Conditions

The United Auto Workers union signaled Friday that it's gathering support to unionize Tesla's assembly plant in Fremont, Calif., after someone claiming to be an employee of the automaker publicly criticized the company over factory conditions. (more…)

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