Transportation

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Stellantis is in a crisis of its own making

Demand for EVs has gone glacial, and one automaker after another is running aground: General Motors threw $7.6 billion overboard. Ford washed $19.5 billion off its books. Leave it to Stellantis to face the most titanic charge yet, a $26.5 billion bill for its own misplaced bet on EVs. The Jeep, Dodge, and Chrysler parent […]

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Tesla’s cheaper $60,000 Cybertruck is still a Cybertruck

Tesla has announced a new all-wheel drive Cybertruck that starts at $59,990, the cheapest the controversial truck has been sold for yet – though still well above the $40,000 price tag Elon Musk had initially promised. It’s been joined by a $15,000 price cut for the high-end Cyberbeast variant, as Tesla doubles down on its […]

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New York drops plan to legalize robotaxis in setback for Waymo

New York Governor Kathy Hochul (D) dropped her proposal to allow robotaxi companies to launch commercially in cities other than New York City, citing a lack of support among state legislators, Bloomberg reports today. The move is a blow to Waymo and other robotaxi companies who saw New York, and especially New York City, as […]

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