Mr. Musk dug into his companies’ budgets, preferring to cut too much rather than too little and to deal with the fallout later. Under Donald Trump, he is set to apply those tactics to the U.S. government.
Category: Driverless and Semiautonomous Vehicles
Tesla Q2 Earnings Report Reveals 45% Profit Drop Amid Weak E.V. Sales
The company led by Elon Musk is selling fewer electric cars, and its big bets on driverless taxis and artificial intelligence could take many years to pay off.
Elon Musk’s Politics May Be Pushing Some Buyers Away From Tesla
The Tesla chief executive’s polarizing statements have alienated some potential customers and may be partly responsible for a recent slump in sales.
How China Built BYD, Its Tesla Killer
The leading Chinese electric vehicle company, with origins as a battery maker, has posted two years of million-car growth in sales.
Cruise Says Hostility to Regulators Led to Grounding of Its Autonomous Cars
A law firm’s review found that executives had failed to fully explain an October crash, which the Justice Department is also investigating.
G.M. to Cut Spending on Cruise Self-Driving Unit
General Motors will “substantially lower spending” on autonomous vehicle efforts in 2024 after accidents with its self-driving taxis in San Francisco.
The Long Shadow of Steve Jobs Looms Over the Turmoil at OpenAI
Sam Altman, the most prominent promoter of artificial intelligence, learned that it’s hard to be a visionary founder like the Apple legend.
Cruise Grew Fast and Angered Regulators. Now It’s Dealing With the Fallout.
The company, a General Motors subsidiary, has hired a law firm to investigate how it responded to regulators, as its cars sit idle and questions grow about its C.E.O.’s expansion plans.
What Driverless Waymo Taxi Rides Are Like in San Francisco
On Monday, Waymo began letting the public pay for rides in its driverless cars in San Francisco. The New York Times dispatched three reporters around the city to test the service.