An idea is gaining speed: the idea thatApple (AAPL) will partner with Tesla (TSLA), and Alphabet (GOOGL)-owned Google with Ford (F), in developing driverless car technology. While Apple and Google have advantages in innovative technology, they lack the manufacturing expertise and facilities of traditional automotive companies that can move R&D projects to commercial realities, says a new report from Thomson Reuters. Reports surfaced in late
Tesla Motors (TSLA) has a head start in the luxury electric car market, but could it soon be seeing new rival Faraday Future in its rearview mirror? Chinese-backed Faraday Future, also known as FF, made its public debut at a pre-CES event late Monday in Las Vegas. The annual Consumer Electronics Show opens Wednesday, with press events set for Tuesday. FF literally unveiled its first concept car, a sleek electric sports car called the FFZero1
Electric car maker Tesla Motors (TSLA) slid 6.9% in the stock market Monday on its 2015 car deliveries report, also as worries about the world’s manufacturing growth pace spread from China, sending the Nasdaq down 2.1%. Headlining his Monday research report “When +75% Y/Y Growth Is A Negative,” Stifel analyst James Albertine noted that Tesla’s 50,580-vehicle 2015 deliveries came in at the low end of its 50,000-52,000 unit guidance and predicted