Electric 30b gm hondakorosectechcrunch

The two automakers – General Motors and Honda will work together to create two new electric vehicles that will go on sale in 2024, the latest step in their ongoing relationship. The automakers will concentrate on their individual fields of competence under the strategy. The electric-powered vehicles’ exteriors and interiors will be created by Honda, … Read more

Elon Musk’s schedule for “complete self-driving” is disputed by Tesla

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According to a paper that describes a discussion between California authorities and Tesla staff, what Tesla CEO Elon Musk publicly claims about the corporation’s advancement on a completely autonomous driving system doesn’t match up with “technical reality.” The notification, which the disclosure website Plainsite acquired through a Freedom of Information Act request and then made … Read more

uber yoy ebitda 509m yoybursztynskycnbc

uber yoy ebitda 509m yoybursztynskycnbc

Uber reported a net income of $1.1 billion in the second quarter beating all the estimations. However, the company’s shares dipped more than 4% in after-hours trading. The unexpected recorded profit is mainly due to the gains of $471 million in Aurora and $1.4 billion in Didi. However, the company recorded an operating loss of … Read more