Musk Says Tesla Is ‘Very Close’ to Developing Fully Autonomous Vehicles

Tesla Inc.’s Elon Musk said the carmaker is on the verge of developing technology to render its vehicles fully capable of driving themselves, repeating a claim he’s made for years but been unable to achieve. The chief executive officer has long offered exuberant takes on the capabilities of Tesla cars, even going so far as … Read more Musk Says Tesla Is ‘Very Close’ to Developing Fully Autonomous Vehicles

Tesla Adds $14 Billion a Day to Valuation

Jul.07 — Tesla’s market value surged over the past week, eclipsing its traditional rivals in that week. The electric car maker added the combined value of General Motors, Ford and Fiat Chrysler, growing by an average of $14 billion a day. Bloomberg’s Joe Easton reports on “Bloomberg Markets: European Open.”

Facebook Sales at Risk as Coca-Cola, Starbucks Join Advertising Boycott

Facebook Inc. fielded criticism from a growing number of consumer companies over harmful content on its sites, with Starbucks Corp. and Diageo Plc pulling back on ad spending and General Motors Co. planning to review its social media marketing strategy. Starbucks and Diageo followed Unilever, Coca-Cola Co.and several other companies in saying they will cut … Read more Facebook Sales at Risk as Coca-Cola, Starbucks Join Advertising Boycott

Some of America’s Biggest Companies Now Recognize Juneteenth as a Holiday

From Nike Inc. to Target Corp., dozens of companies are for the first time commemorating June 19, the effective end of American slavery, but the differences in how are stark. Some, like J.C. Penney Co. and Spotify Technology SA, are giving a paid day off. JPMorgan Chase & Co. will close its bank branches early, … Read more Some of America’s Biggest Companies Now Recognize Juneteenth as a Holiday

US car plants reopen, workers return to factories

After being idle for almost two months, some large carmakers such as Ford, General Motors and Fiat-Chrysler in the US are restarting their assembly plants. Workers are returning to the production line with new protective gear and social-distancing rules. But questions remain over the global supply chain and how much demand there is amid the … Read more US car plants reopen, workers return to factories

General Motors Workers Step Up to Make 50,000 Masks a Day

A General Motors transmission plant in Warren, Michigan — closed as part of a 2019 restructuring — is once again buzzing with life as brand new safety mask production lines are now manufacturing roughly 50,000 masks per day. Hundreds of workers at General Motors and other auto companies have gone back to work to make … Read more General Motors Workers Step Up to Make 50,000 Masks a Day

With ventilators in short supply, a small business teams up with GM to fill the gap

Ventec Life Systems in Bothell, Wash., is working with General Motors to ramp up production of ventilators, which U.S. hospitals need amid the coronavirus pandemic. The company says it hopes to soon be producing 10,000 ventilators per month. Read more: https://wapo.st/3dQJgXj. Subscribe to The Washington Post on YouTube: https://wapo.st/2QOdcqK Follow us: Twitter: https://twitter.com/washingtonpost Instagram: https://www.instagram.com/washingtonpost/ … Read more With ventilators in short supply, a small business teams up with GM to fill the gap

Virus Drives Down Auto Sales For GM and Fiat

Apr.01 — General Motors Co. and Fiat Chrysler Automobiles NV gave an early glimpse of the damage a global pandemic has done to their U.S. sales, reporting deliveries that fell short of analysts’ estimates. Jessica Caldwell, executive director of insights for market researcher Edmunds, joins “Bloomberg Markets.”

Trump Invokes Production Law, Ordering GM to Build Ventilators

After days of pleading from the nation’s governors, U.S. President Donald Trump took steps Friday to expand the federal government’s role in helping to produce critically needed supplies to fight the coronavirus pandemic. #Coronavirus #Covid19 #DonaldTrum #TrumpGM #GeneralMotors It was an abrupt about-face by Trump, who had questioned governors’ needs for crucial medical equipment like … Read more Trump Invokes Production Law, Ordering GM to Build Ventilators