Electric vehicles

GM also plans to purchase the remaining shares of Cruise and restructure the operations to save an estimated $1 billion per annum.

Stellantis' electric Ram pickup was supposed to launch before the end of 2024, but has been pushed to the first half of next year.

The Volkswagen-Rivian joint venture is intended to launch VW models with Rivian electric vehicle technology as soon as 2027

Waymo was already operating citywide in Phoenix, Arizona and San Francisco, California.

The Rivian company failed to beat analyst expectations on key metrics in its latest quarter.

New production of the Lightning will be put on hold to address high inventory.

During a conference call, Elon stressed that the Cybercab is skipping pedals and a steering wheel in favor of other features for passengers.

The first public road tests for Tesla's ride-hailing app are going down in San Francisco, California.

The Tesla CEO has lofty expectations for the increase in EV production throughout the coming year.

The Cybertruck was also the third best-selling electric vehicle of the quarter.