Articles written by Anan Ashraf - Benzinga

Boeing Shares Drop Pre-Market As Labor Strikes Expected To Wipe $3.5B From Airplane Maker's Q4 Cash Flow

Troubled American planemaker Boeing Co is down 1.7% in premarket trading on Friday after the company said that it expects to report an operating cash flow loss of $3.5 billion for the fourth quarter owing to the work stoppage by the International Association of Machinists and Aerospace Workers (IAM), in addition to other factors.

Tesla's Chinese Rivals Xpeng, Li Auto, Nio Rise In Premarket Trading After Trump's 'Friendly Conversation' With Xi Jinping: '…We Have One Very Big Power Over China…I'd Rather Not Have To Use It'

US-listed shares of Chinese EV startups Li Auto, Nio, and Xpeng rose as much as 3.2% in premarket trading on Friday.

Rivian 'Hyper-Focused' On Launching Hands-Free Driver Assistance System This Year: Report

Rivian 'Hyper-Focused' On Launching Hands-Free Driver Assistance System This Year: Report

EV startup Rivian is reportedly planning to launch a hands-free driver assistance system on its vehicles in 2025.

Nikola Eyes Sale, New Partners As It Risks Running Out Of Cash By End Of First Quarter

EV truck maker Nikola is reportedly exploring options including selling parts or all of the company to prevent a cash crunch.

Tesla Recalls Over 1.2 Million Vehicles In China Over Rear View Camera Malfunction, Power Steering Failure Concerns

American EV giant Tesla is recalling over 1.2 million vehicles in China including both imported and domestically produced vehicles.

Tesla Launches Refreshed Model Y In US With 25% Price Hike, Full Self-Driving Included

Tesla has launched its refreshed Model Y in the US, with the long-range all-wheel drive variant of the new vehicle priced at $59,990.

Billionaire Richard Branson Criticizes Trump's Decision To Withdraw From Paris Climate Deal: 'Powering The World With Clean Energy Is Common Sense'

Billionaire entrepreneur Richard Branson on Tuesday criticized U.S. President Donald Trump's decision to withdraw from the 2015 Paris climate deal aimed at tackling climate change.

Polestar CEO Looks To Attract Tesla Customers Disenchanted By Elon Musk's Politics: 'Somebody Outside Of Germany Endorsing Right-Wing Political Parties... Totally Unacceptable'

Polestar Automotive CEO Michael Lohscheller is of the opinion that Tesla Inc CEO Elon Musk's involvement in global politics is pushing away customers.

GM Recalls Nearly 3,000 Chevrolet Equinox EVs Over Adaptive Cruise Control Glitch

GM is recalling 2,890 model year 2025 Chevrolet Equinox EV vehicles in the U.S. over concerns regarding its adaptive cruise control feature.

Elon Musk's SpaceX Plans Gigabay Facility In Florida For Starship Assembly

SpaceX plans to build a new vertical integration facility in Florida by Aug. 2026 for Starship assembly and integration.

Tesla To Raise Prices In Canada: Model 3 Sees Up To $6,200 Hike

BMW UK Stops Posting On X, Will Use It Only For Customer Support: To Continue Posting On Instagram, Facebook

BMW UK will no longer post on Elon Musk's social media platform X, but instead will use it merely for customer support, the company said.

Tesla To Raise Prices In Canada: Model 3 Sees Up To $6,200 Hike

Tesla will increase the prices on its entire car lineup starting Feb. 1, with the Model 3 prices expected to rise by as much as C$9000.

Saudi Prince's Investment Firm Reportedly Interested In Investing In TikTok If Elon Musk Offers To Buy It

Kingdom Holding, an investment company of Saudi Arabian Prince Alwaleed Bin Talal, is reportedly interested in investing in TikTok if billionaire Elon Musk or others offer to buy it.

Trump's Plan To Revoke $7,500 EV Tax Credit Is A 'Huge' Negative For Tesla, Says Gary Black, Downplays Impact On Rivals

The removal of the $7500 federal tax credit on the purchase of electric vehicles will effectively raise the price of Tesla Inc vehicles in the U.S. as compared to its peers and pose a huge negative catalyst for the company, The Future Fund Managing Partner Gary Black said on Tuesday.

California Law Enforcement Impressed By Upfitted Tesla Police Vehicle: 'I Pretty Much Didn't Want To Be In The Explorer Anymore'

Certain law enforcement officials from California are seemingly impressed by Tesla Inc vehicles customized for police use by vehicle customizer Unplugged Performance.

Ford Mustang Architect Hal Sperlich Dies At 95: 'Lot Of People Who Make Great Cars But So Few Who Invent Segments Like Hal Did,' Says Jim Farley

Tesla Looks To Hire Data Labelers To Boost Autonomous Vehicle And Bot Development

EV giant Tesla Inc is now looking to hire data labelers in Utah for data from its fleet of vehicles as well as its Tesla bots.

Ford Mustang Architect Hal Sperlich Dies At 95: 'Lot Of People Who Make Great Cars But So Few Who Invent Segments Like Hal Did,' Says Jim Farley

Hal Sperlich, the automotive genius behind the Ford Mustang, passed away on Monday at 95.