Ford raises 2020 profit outlook, eyes shift to build-to-order
DETROIT (Reuters) -Ford Motor Co on Wednesday boosted its 2021 profit forecast after reporting better-than-expected quarterly results, lifting the No. 2 U.S. automaker’s [...]
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Tesla's Musk halts use of bitcoin for car purchases
(Reuters) -Tesla Inc will no longer accept bitcoin for car purchases, Chief Executive Elon Musk said on Wednesday, citing long-brewing environmental concerns for [...]
Tesla's Musk suspends use of bitcoin for car purchases
(Reuters) – Tesla Inc will no longer accept bitcoin for car purchases, Chief Executive Elon Musk said on Wednesday, citing long-brewing environmental concerns [...]
Tesla's Musk suspends use of bitcoin for car purchases
(Reuters) – Tesla Inc will no longer accept bitcoin for car purchases, Chief Executive Elon Musk said on Wednesday, citing long-brewing environmental concerns [...]
U.S. lawmakers make push for electric vehicles, charging stations
WASHINGTON (Reuters) – U.S. lawmakers are pushing for tens of billions of dollars in funding to shift to electric vehicles and away from [...]
Stellantis says chip shortage worsening, could linger into 2022
MILAN (Reuters) -Stellantis expects a global semiconductor chip shortage will take a bigger bite out of production in the second quarter and warned [...]
Intel in talks to produce chips for automakers within six to nine months -CEO
FILE PHOTO: Pat Gelsinger speaks during a news conference in Tokyo July 15, 2014. REUTERS/Yuya Shino/File Photo(Reuters) – The chief executive of Intel [...]
Tesla can now be bought for bitcoin, Elon Musk says
(Reuters) – Tesla Inc customers can now buy its electric vehicles with bitcoin, its boss, Elon Musk, said on Wednesday, marking a significant [...]
Combating semiconductor shortage a priority, U.S. Commerce chief says
FILE PHOTO: Gina Raimondo, U.S. President-elect Joe Biden’s nominee to be secretary of Commerce, speaks during an event to announce members of Biden’s [...]
Stellantis sees rebound in 2021, but chip shortage a worry
MILAN (Reuters) – Low global car inventories and cost cuts should boost Stellantis’s profit margins this year, though a shortage of semiconductors and [...]