Tesla Q3 Revenue Climbs, Profit Margins Squeeze
Tesla's third-quarter report shows an 11.6% revenue increase to $28.1 billion but a miss on profit expectations and squeezed operating margins.
#Tesla#Earnings Report#Electric Vehicles
#Electric Vehicles
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AI•
GM Reveals Google AI and 'Eyes-Off' Driving System
General Motors has unveiled plans to integrate Google's Gemini AI into its vehicles starting in 2025 and launch an 'eyes-off' autonomous driving system in 2028.
#General Motors#Artificial Intelligence#Autonomous Driving
Honda Boosts Investment in AI for Self-Driving Cars
Honda is expanding its investment in AI startup Helm.ai to accelerate the development of autonomous driving systems for its future electric and hybrid vehicles.
#Honda#Artificial Intelligence#Autonomous Driving
Western Executives Alarmed by China's Robotic Factories
Western auto and energy executives are returning from China with warnings about its advanced robotic factories, which could give Chinese industries a major global advantage.
#Automation#Electric Vehicles#China
AI Fuels Market Gains, Tesla Debuts Cheaper EVs
The stock market saw mixed results this week, with AI developments boosting the S&P 500 and Nasdaq to new highs. OpenAI partnered with AMD for chips, Nvidia expressed strong AI demand, and TSMC report
#Stock Market#AI Technology#Semiconductors
New EV Battery Tool Predicts Trip Success Not Just Charge
Engineers at the University of California, Riverside have developed a new tool that predicts if an EV can complete a specific trip, not just its battery level.
#Electric Vehicles#Battery Technology#Artificial Intelligence
China Joins South American Trade Bloc as Observer
China has gained observer status in the Andean Community trade bloc, boosting its AI and EV industries and deepening its strategic presence in South America.
#China-Latin America Relations#Andean Community#Artificial Intelligence
AI•
Magna International Uses AI to Navigate Manufacturing Shifts
Magna International is adopting AI to improve manufacturing and supply chain management as the auto industry adapts to the end of the federal EV tax credit.
#Artificial Intelligence#Automotive Industry#Magna International
Tech•
Porsche Develops Cayenne EV Faster with AI Simulation
Porsche used AI and digital simulations to develop its upcoming electric Cayenne, a move that cut development time by 20% and eliminated 120 prototypes.
#Porsche#Electric Vehicles#Artificial Intelligence