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Elon Musk says Reuters ‘lying’ in reporting Tesla scrapped plan for low-cost car

Dan Niles, senior portfolio manager at Satori Funds, joins “Morning with Maria” to share his stock picks as investors await the March jobs report. Tesla CEO Elon Musk on Friday accused Reuters of “lying” after the magazine reported that the electric car giant would abandon production plans for a long-touted budget-friendly starter car. ” he […]

Tesla scraps Elon Musk’s goal of low-cost car amid fierce Chinese EV competition

Tesla is backing away from long-promised low-cost cars that investors have hoped will help fuel its growth into a mass-market automaker, according to three people familiar with the matter and a company message seen by Reuters. Canceled. The company will continue to develop self-driving robotaxis on the same small car platform, the people said. The […]

Houston car theft ring allegedly has ties to notorious Mexican cartel

HOUSTON, Texas — Authorities have busted a $1 million car theft ring run by a dangerous Mexican drug cartel and arrested three immigrant members, including one who entered the U.S. illegally and had a lengthy rap sheet. I was arrested. According to Immigration and Customs Enforcement documents obtained by the newspaper, Mexican nationals Edgar Bravo, […]

Apple Lays Off Over 600 Employees After Shutting Down Self-Driving Car Project

(Photo by Josh Edelson/AFP via Getty Images) OAN’s James Myers8:52am – Friday, April 5, 2024 Apple will reportedly lay off 614 employees after canceling a 10-year project to develop self-driving electric cars, in its first layoffs since the outbreak of the coronavirus disease (COVID-19) outbreak. advertisement The iPhone manufacturing company notified employees of the layoffs […]

Apple lays off 614 workers after ditching self-driving car project

In its first layoffs since the pandemic, Apple will reportedly lay off 614 employees after halting a decade-long effort to develop self-driving electric cars. The Cupertino, California-based iPhone maker notified employees of the layoffs on March 28, and the changes were announced on May 27, The Wall Street Journal reported, citing state records. It is […]

Apple laying off 614 California workers after scrapping electric car project

Jeff Sica, founder of Circle Squared Alternative Investments, speaks on “Barney & Co.” about the Justice Department’s antitrust lawsuit against Apple, which claims the tech giant has a monopoly on the smartphone market. . Apple is laying off 614 employees in California after reports emerged earlier this year that the tech giant was abandoning efforts […]

Apple Moves into Home Robotics as Next Frontier After Car Project Fizzles

Apple is exploring personal robots as a potential new growth area after canceling its electric car project earlier this year. bloomberg report Apple has set up a team to explore a move into personal robots, with engineers working on a mobile robot that could follow users around their homes, according to people familiar with the […]