Slate Auto says each $24,950 electric pickup truck will be profitable as it aims to be cash-flow positive next year
LOS ANGELES — Electric vehicle startup Slate Auto expects to defy challenging market conditions and avoid the losses its peers...
Autos
Lucid to lay off roughly 18% of U.S. workforce, COO Marc Winterhoff leaves
Lucid electric vehicles are seen at the New York International Auto Show on April 2, 2026.Danielle DeVries | CNBCLucid Group said...
Waymo recalls about 3,900 robotaxis after some drove into 'freeway construction zones'
A Waymo autonomous taxi outside the Google headquarters in Mountain View, California, Feb. 3, 2026.David Paul Morris | Bloomberg |...
CarMax shares fall after used car retailer reports earnings beats, CEO details turnaround plan
A view of a CarMax dealership on April 10, 2025, in Santa Rosa, California.Justin Sullivan | Getty ImagesShares of CarMax...
Carvana’s new vehicle strategy turns dealership into ‘playground,’ test-drive center with sales all online
Carvana's new vehicle franchise for Stellantis includes personalised displays and a vehicle "playground" for consumers for each of its core...
Rivian laying off hundreds of workers amid R2 launch
Rivian electric vehicles are parked in front of a Rivian service center on April 30, 2026 in Los Angeles, California....
General Motors announces new defense partnership with Lockheed Martin
Automaker General Motors on Tuesday announced a new partnership with defense company Lockheed Martin to scale manufacturing and expand production...
Carvana is expanding into new vehicles. The implications could reshape the U.S. automotive retail market
A Carvana sign and signature vending machine in Tempe, Arizona.Michael Wayland | CNBCAfter growing to become one of the largest...
From 10% chance of success to $2 trillion market cap: SpaceX's historic IPO
A video displays Elon Musk, founder of SpaceX, after the company's initial public offering at the Nasdaq MarketSite in New...
Rivian CEO taking different approach than Elon Musk for humanoid robotics company
Humanoid industrial robot are on display at the humanoid robot data training center in Shougang Park on March 27, 2025...
SpaceX raising $75 billion in record-setting IPO as Nasdaq debut awaits
SpaceX is officially set for the largest IPO on record. Elon Musk's reusable rocket company is raising $75 billion, selling...
How pandemic car shortages are still making new and used cars expensive
The shockwaves of the Covid-19 pandemic are still hitting the U.S. car market and pushing prices up, even for exceptionally...
GM eyes new battery chemistry to grow AI data center, energy storage business
A GM energy display is seen at the New York International Auto Show on April 16, 2025.Danielle DeVries | CNBCGeneral...
Rivian is betting on its R2 EV to turn the automaker into a household name like Tesla
Rivian CEO and founder RJ Scaringe (right) speaks with longtime employee and engineer Max Koff during a launch event on...
Tesla's China-made EV sales jump nearly 40% in May as domestic market rebounds
Pedestrians walking past a Tesla store in Shanghai, China, on March 14, 2024.CostFoto | Nurphoto | Getty ImagesSales of Tesla's...
UAW union strike threatens General Motors truck production
Members of the United Auto Workers rally for better wages as contract negotiations begin with Dauch Corp. in Three Rivers,...
More monthly auto loan payments are above $1,000, and most are not for luxury models
In a country where big trucks are a big deal, those pickups and SUVs represent a big percentage of auto...
AutoZone stock on pace for worst trading day since March 2020, despite retailer beating Wall Street estimates
An AutoZone store in Richmond, California, Feb. 26, 2026.David Paul Morris | Bloomberg | Getty ImagesAutoZone Inc. stock was on...
SpaceX launches Starship test flight on second try
A Tesla Cybertruck drives past SpaceX facilities in Hawthorne, California, US, on Monday, April 13, 2026.Ethan Swope | Bloomberg |...
Stellantis CEO sees opportunity in growing partnerships, bringing China-branded vehicles to North America
Stellantis CEO Antonio Filosa listens as U.S. President Donald Trump announces new fuel economy standards, in the Oval Office at...
