Tag: Autos
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Carvana is expanding into new vehicles. The implications could reshape the U.S. automotive retail market
Carvana has bought seven new vehicle franchises since last year that primarily sell Stellantis’ Chrysler, Dodge, Jeep and Ram brands.
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Elon Musk drifted from Larry Page over a decade ago, but their companies are closer than ever
SpaceX and Google have a long and complicated relationship, but they were both celebrating this week after Elon Musk’s company held its blockbuster IPO.
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From 10% chance of success to $2 trillion market cap: SpaceX’s historic IPO
After its Nasdaq debut on Friday, SpaceX was the sixth most-valuable U.S. company, despite being a fraction the size by revenue of tech’s megacaps.
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Rivian CEO taking different approach than Elon Musk for humanoid robotics company
Rivian CEO RJ Scaringe started a robotics company late last year called Mind Robotics that he says has has raised more than $1 billion.
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SpaceX’s Gwynne Shotwell had IPO doubts for years, now she has a message for investors
Gwynne Shotwell, long Elon Musk’s second-in-command at SpaceX, spoke exclusively with CNBC ahead of her company’s highly anticipated IPO.
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SpaceX raising $75 billion in record-setting IPO as Nasdaq debut awaits
SpaceX is selling 555.6 shares at $135 a piece, raising $75 billion in the largest IPO on record.
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SpaceX is way ahead of competitors with Starlink, but growth is harder heading into IPO
Heading into its IPO, SpaceX’s only profitable business is Starlink. But there are red flags for investors.
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Waymo launches premier subscription tier for $29.99 a month, starting in select cities
Waymo is offering a new subscription tier for power users, starting in San Francisco, Los Angeles and Phoenix
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Mercedes-Benz joins Europe’s defense push with anti-drone vehicle deal
Mercedes becomes the latest European carmaker to turn to the defense industry in the hope that partnerships can revive the auto industry’s ailing fortunes.
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How pandemic car shortages are still making new and used cars expensive
Pandemic-era shortages are still pushing up used car prices, and automakers learned lessons from that time that stands to keep supply tight
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