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Another major company is moving its headquarters out of California, as Tesla is moving its headquarters to Texas. California has been losing companies at a record pace. Oracle,...

GM Plans to Double Revenue by 2030

General Motors plans to double its annual revenue by 2030, a far cry from the semiconductor woes the auto industry is currently dealing with. T...

GM Ultra Cruise Will Bring True Hands-Free Driving Across 95% of Scenarios

GM has announced its next generation autonomous driving software, Ultra Cruise, covering 95% of driving scenarios. Automakers the world over ar...

Tesla Delivers Record Number of Vehicles

Tesla has delivered a record number of vehicles in the third quarter, beating Wall Street estimates. The semiconductor crisis has been impactin...

Automaker Opel Closing Factory Till 2022 Over Semiconductor Shortage

Automaker Opel is closing its Eisenach plant in Germany for the rest of the year as a result of the semiconductor shortage. The semiconductor i...

Uber Built A Very Anti-Fragile Business, Says Jason Calacanis

"Uber built a very anti-fragile business in regards to having the Eats business and having the Rides business," says early...

Sir Jony Ive’s Firm Partnering With Ferrari

Sir Jony Ive is one of the most successful product designers in the world, and will now be working with Ferrari, one of the most iconic auto maker...

White House Wades In As Chip Crisis Poised to Cost Auto Industry $210 Billion

The White House is discussing the ongoing semiconductor crisis with companies as the auto industry is poised to lose $210 billion in revenue....

Volkswagen Truck Unit Cannibalizing Chips From Finished Trucks

Volkswagen’s truck unit, Traton Group, is taking chips from unfinished vehicles to finish others, a new indication of the impact of the semiconductor short...

Chip Shortage Shuts Down Almost All GM’s North American Production

GM is shutting down production at almost all of its North American plants as a result of the global chip shortage....

Ford Delays Return to Office Till Next Year, May Require Vaccines

Ford is joining the growing list of companies pushing back their return to the office date, telling employees they will not be back till next year....

Rivian Prepares for an IPO

Electric vehicle startup Rivian is preparing for an initial public offering (IPO) as the electric vehicle market heats up....

Waymo Now Providing Autonomous Rides in San Francisco — With a Catch

Waymo is expanding its autonomous testing in San Francisco, accepting passengers, provided they’re willing to meet the terms....

Huawei Cleared by US to Buy Chips for Automotive Business

The US has cleared the way for Huawei to purchase chips for its auto component business, giving the company a bit of a reprieve....

Elon Musk: Tesla’s Full Self-Driving ‘Actually Not Great’

Elon Musk has admitted that Tesla’s current Full Self-Driving (FSD) software leaves much to be desired, and offered an explanation why....

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