Cars News
Tesla cashes in on surging stock price with $2 billion stock offering
Enlarge / Elon Musk in 2015. (credit: ODD ANDERSEN/AFP/Getty Images)
Tesla will raise $2 billion in a new stock offering, the company announced on Thursday morning.
Tesla’s shares are worth about $780 on Thursday morning—up 2 percent over Wednesday’s
Rental cars can be remotely started, tracked, and more after customers return them
In October, Ars chronicled the story of …
The auto industry’s unseen inventions—some are weirder than others
-
[credit: Vanarama ]
Via Vanarama this morning, we have a curious list of patents from the auto industry. Some of them are a little wacky and unlikely to bring their inventors much fame or fortune— vertical parking falls into this
British Airways 747 just set subsonic speed record for Atlantic crossing
-
On Sunday, February 9, British Airways flight 112, a 747-400 (tail number G-CIVP), set a new record for fastest subsonic crossing from JFK in New York to LHR in London. [credit: francescoprocida / Aurich Lawson ]
Here’s a good piece
Uber’s plan to turn billion-dollar losses into profits isn’t crazy
Enlarge / Uber CEO Dara Khosrowshahi in December 2019. (credit: Scott Heins/Getty Images)
Uber announced on Thursday that it lost $1.1 billion in the fourth quarter of last year. As I said last quarter, this wasn’t a surprise. After
The feds just blessed a custom self-driving vehicle for the first time
The National Highway Traffic Safety Administration on Thursday officially signed off on a new self-driving vehicle from the delivery startup Nuro. It’s a historic move; Nuro says it’s the first time