Tesla 1Q profit falls 55%, but stock jumps as company moves to speed production of cheaper vehicles
Tesla's first-quarter net income plummeted 55%, but its stock price surged in after-hours trading Tuesday as the company said it would move up production of new, more affordable vehicles.
16 hours ago
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New model elevates UAV efficiency in next-gen wireless networks
Researchers from the University of Missouri-Kansas City, School of Computing and Engineering, and independent researchers have developed a model, dubbed GREENSKY, that significantly enhances the energy efficiency and operational ...
Apr 23, 2024
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Tesla earnings a 'moment of truth' for Musk after stumbles
Tesla CEO Elon Musk faces heightened pressure with Tuesday's earnings report to reassure investors that recent stumbles are simply unexpected speed bumps—and not indications of a road to decline.
Apr 23, 2024
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The exploration and practice of low-altitude airspace flight service and traffic management in China
As China propels itself into a new era of aviation with its significant advancements in unmanned aerial systems (UAS), the nation is on the brink of a transformative shift in low-altitude airspace management. These changes ...
Apr 23, 2024
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General Motors lifts 2024 profit forecast after strong Q1
General Motors reported higher profits Tuesday thanks to continued strength in North America that offset a loss in its China business, enabling the carmaker to lift its forecast.
Apr 23, 2024
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Wall Street is looking to Tesla's earnings for clues to Musk's plan to restore company's wild growth
Faced with falling global sales and a diving stock price, Tesla has slashed prices again on some of its electric vehicles and its "Full Self Driving" system in an apparent effort to boost the company's earnings growth.
Apr 23, 2024
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Honda to build major EV plant in Canada: govt source
Japanese auto giant Honda will open an electric vehicle plant in eastern Canada, a Canadian government source familiar with the multibillion-dollar project told AFP on Monday.
Apr 23, 2024
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Q&A: Could automation, electrification of long-haul trucking reduce environmental impacts?
A new University of Michigan study finds that automation and electrification of long-haul trucking can reduce urban health impacts and environmental damages.
Apr 22, 2024
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Crash data show road safety measures must improve
By analyzing the trends and locations of crashes in the Greater Melbourne Area during a 15-year period, from 2006 to 2020, Dr. Ali Soltani, from the Flinders Health and Medical Research Institute at Flinders University, and ...
Apr 22, 2024
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Tesla cuts the price of its 'Full Self Driving' system by a third to $8,000
Tesla knocked roughly a third off the price of its "Full Self Driving" system—which can't drive itself and so drivers must remain alert and be ready to intervene—to $8,000 from $12,000, according to the company website.
Apr 22, 2024
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