automotive

Tesla Powers Past $820 Billion Valuation; EV Trend Shows No Signs Of Slowing
Tesla Powers Past $820 Billion Valuation; EV Trend Shows No Signs Of Slowing
January 08, 2021  |  Retail

Nothing like a 700 percent increase over the past year to boost the fortunes of Tesla’s stock – and Founder Elon Musk’s net worth –...

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Today In Retail: CarLotz Gets Green Light From Its Investors For Merger; PriceSmart’s Net Merchandise Sales Climb 7.7 Pct
Today In Retail: CarLotz Gets Green Light From Its Investors For Merger; PriceSmart’s Net Merchandise...
January 08, 2021  |  Retail

In today’s top retail news, CarLotz, Inc. says it has received the necessary approval from its investors to complete a potential merger with a blank-check company,...

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Tesla Valuation Soars Past $800 Billion
Tesla Valuation Soars Past $800 Billion
January 08, 2021  |  Markets

Tesla shares accelerated some 5.6 percent, pushing its market capitalization over $800 billion for the first time, Reuters reported on Friday (Jan. 8). The rally...

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Hyundai Stock Surges On Reports Of Talks With Apple Over Electric Cars
Hyundai Stock Surges On Reports Of Talks With Apple Over Electric Cars
January 08, 2021  |  Apple

Apple has been working on electric-vehicle concepts for several years. The iPhone maker has now engaged in talks with Hyundai about cooperation on driverless, electric...

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CarLotz Gets Go-Ahead From Its Shareholders For Merger With SPAC
CarLotz Gets Go-Ahead From Its Shareholders For Merger With SPAC
January 08, 2021  |  Retail

CarLotz, Inc. said on Friday (Jan. 8) that it has attained the needed green light from its shareholders, including the go-ahead from a supermajority of...

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Driving Digital: Four Auto Sales Trends To Watch In 2021
Driving Digital: Four Auto Sales Trends To Watch In 2021
January 06, 2021  |  Retail

If the massive and diverse U.S. auto industry was a car, you could say its ride on “route 2020” was a bumpy one, with lots...

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Rivian Close To Raising Funds At $25 Billion Valuation
Rivian Close To Raising Funds At $25 Billion Valuation
January 06, 2021  |  Investments

Electric truck startup Rivian Automotive, which is backed by Amazon, is near to a new funding round which would value it at $25 billion, Bloomberg...

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Auto Dealers Have Seen The Future And It Is Digital
Auto Dealers Have Seen The Future And It Is Digital
January 05, 2021  |  Retail

Of all the businesses that have embraced a digital shift during the pandemic, the adaptation of the nation’s auto industry has been one of the...

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Tesla’s Musk Ponders In-Car Gaming Opportunities For The Driverless Future
Tesla’s Musk Ponders In-Car Gaming Opportunities For The Driverless Future
December 29, 2020  |  Innovation

When most of America and much of the world was relaxing after the holiday, Tesla CEO Elon Musk was busy on Twitter pondering the future...

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