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Watch Tesla unveils Cybercab robotaxi, Robovan, Optimus robot, Musk portrays optimism on autonomy, CWEB reports

Tesla unveiled two new vehicles, Cybercab robotaxi and the Robovan, on Thursday at its much-anticipated event, We, Robot. The grand tech event occurred at...

Progressive Auto Insurance in Hot Water Class Action Lawsuit Over Sensitive Data Breach by Employees Who Used Chatbots

The Progressive Corporation (PGR), a well-known provider of auto insurance, home insurance, and other financial services, found itself in hot water when it experienced...

$130M BMW, Ford fund for EVM battery startup Solid Power | cweb

  On Monday, Automaker Ford led a $130 million round of funding in Solid Power, a startup that is making solid-state batteries. Automaker BMW and...

Hollywood Celebrity Patrick Dempsey Selected for Porsche Design Eyewear

  Patrick Dempsey is ready for any opportunity life has in store for him. Whether as a Hollywood actor, director, race car driver, or athlete,...

Earnings Release Is Tesla A Buy?

  Tesla on Monday said first-quarter sales jumped around 74% from the same period a year earlier to $10.4 billion, generating a $438 million in...

Walmart Invests in All Electric Self Driving Company Cruise

  This investment is a marker for Walmart and it shows commitment to bringing the benefit of self driving cars to customers and business. Walmart...

Financial adviser, 69 and doctor, 59 die in fiery Tesla car crash in Texas

  On Saturday, Dr. Will Varner and Everette Talbot died when the Tesla, in which they were riding, hit a tree and caught fire. They...

Michigan leaders including CEOs of GM and Ford and many more opposes Proposed Michigan Voter Restrictions

  General Motors Co. Chief Executive Officer. Mary Barra and Ford Motor Co. Chief Executive Officer Jim Farley are leading from the front with a...

Will Uber deliver cannabis? Yes when federal regulations allow

  On Monday, Dara Khosrowshahi, CEO of Uber told CNBC that Uber could begin delivering cannabis after federal regulation allows it to do so. Speaking...

Uber is offering incentives to bring back the drivers it lost during the pandemic to its app

  During the pandemic, due to the lack of opportunities, many drivers had stopped working for ride hailing apps. Uber and Lyft had seen drivers...

Chevrolet will build an electric Silverado with 400 miles of range. Should You Buy GM?

    Chevrolet will build an electric Silverado in late 2022 with a 400-mile range and begin production in late 2022.  Billions of dollars have been...

Apple Car back in the news with hints from Tim Cook, who also speaks about Tesla and Musk

  There have been rumors of an Apple Car swirling around from many years but the company has always been noncommittal neither accepting nor denying...

Uber to pay $1.1 for refusing blind woman rides 14 times

  An independent arbitrator has found Uber guilty of discrimination against the blind. A blind woman was refused rides 14 times. Uber has to pay...

Tesla produced record breaking 180,338 vehicles in Q1 2021

  Tesla in the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of...

Should You Buy KMX?

  CarMax, Inc. (NYSE:KMX), the nation's largest and most profitable retailer of used cars, today reported results for the fourth quarter and fiscal year ended...

Video of Bentley New $275,000 Continental GT Speed two-door 208-mph

      THE MOST DYNAMIC BENTLEY ROAD CAR IN HISTORY:  THE NEW CONTINENTAL GT SPEED   The Continental GT Speed is the most capable, performance-focused Bentley ever...

Blink Charging Co. Earnings. Should You Buy?

Blink Charging Co. (Nasdaq: BLNK), a leading owner, operator, and provider of electric vehicle (EV) charging equipment and services, today announced financial results for...

Lamborghini CEO suggests future electric cars: Company reports record 2020 profits

  Lamborghini’s golden bull rode alongside the global bull market to set a profit record in 2020. The luxury car maker has reported that its...

Use Bitcoin to buy a Tesla in the U.S.

  Tesla CEO Elon Musk announced on Twitter, on March 24 that customers can buy a Tesla in the U.S. using the cryptocurrency Bitcoin. No...

Uber to give drivers minimum wage, holiday pay and pensions: Says there is a ‘willingness to change’

  Uber, the global ride-hailing giant, has said that it would give its U.K. drivers a minimum wage as well as holiday pay and would...

Tesla Chinese Ban for Military Members and State-owned companies’ employees

  Reports say that China has recently banned its military officials as well as employees of state owned companies from buying Tesla vehicles, on Friday....

CWEB Sports delivers premium sports news content for the most dedicated and engaged fans covering all of your favorite teams

  CWEB Sports is one of the fastest growing network of live blog and sport news events, entertainment and lifestyle sites on the Internet. Find live...

XPeng Reports Q3 2020 Unaudited Financial Results

  XPeng Inc. (XPEV), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its unaudited financial results for the third quarter ended September...

Tiger Woods recovering from surgery sustaining serious injuries to both his legs

A few minutes after 7 a.m. PT Tuesday in Rancho Palos Verdes Tiger Woods  SUV crossed a median and veered across two lanes...

TEXAS train collided with an 18-wheeler: Massive fire explosion that has been caught on camera.

Photo Credit Cameron Police Dept. The train was supposedly   carrying petroleum, oil tankers, with gasoline and coal however, just after 10am a College Station...

Why Should you Publish a FREE Blog on CWEB.com and Pick Your Unique URL

    If you are one among the many who have wanted to publish a blog but have not done so for number of reasons, here...

Can blue gas overtake Tesla? New emission- free processes fuel 300-mile full tank trip compared to 250 mile from Musk’s single battery charge electric...

  Tesla has long been considered the powerhouse of future vehicles with the advent of its electric cars and has remained the market leader but...

The UK’s Supreme Court has ruled Uber drivers must be treated as workers rather than self-employed

    The UK's Supreme Court has rules Uber drivers must be treated as workers rather than self-employed. Thousands of  Uber drivers will now be...

Jaguar Land Rover’s luxury Jaguar brand will be entirely electric by 2025

    Jaguar Land Rover's luxury Jaguar brand will be entirely electric by 2025. The carmaker will launch e-models of its entire lineup by 2030 as...

6 dead after at least 135 vehicles collide in Dallas Fort Worth. Live Video

    The Fort Worth Police Department confirmed that at least six people died and at least 36 people were transported to hospitals and that a...

Uber beats Q4 earnings expectations but misses on revenue $3.17 billion versus $3.58 billion

      Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the quarter ended September 30, 2020. Financial Highlights for Third Quarter 2020 Gross Bookings declined...

Tesla buys $1.5B in Bitcoin with plans to accept the digital currency for payments on vehicles

    Tesla buys $1.5B in Bitcoin and  will accept as payment soon Tesla has invested around $1.5 billion in Bitcoin for plans to begin accepting...

Will Apple Car be a reality soon as the company could make a deal with Hyundai-Kia

  An Apple Car has been in the works and speculated about from years. Multiple sources have recently told CNBC that the tech giant is...

Tesla Elon Musk misses on earnings lowers average annual growth in deliveries going forward | CWEB

      Tesla’s gross margins reached 19.2% in the fourth quarter of 2020, the lowest since the last quarter of 2019. Capital expenditures hit $1.15 billion...

Chinese electric car company outsells its start-up rivals: Backed by billionaire Warren Buffet

        BYD, a Chinese automaker, backed by billionaire Warren Buffet, is selling more electric sedans in the luxury category when compared with its start-up rivals...

New Boom Box features from Tesla: Farting sounds and other custom audio to unleash on neighbors

New      Recent holiday updates from Tesla will bring cheer to some customers as a new Boombox will broadcast audio, outside the car. Tesla...

Elon Musk Wonders If Conversion of Tesla’s Balance Sheet to Bitcoin Is “Even Possible”

  Michael Saylor, of MicroStrategy Inc. offered to share his “playbook” and other secrets offline with Elon Musk when the Tesla CEO had wondered, “Are...

The Latest Offering from Walmart: Driverless Deliveries in 2021

    The retail giant, Walmart has stepped up operations in the pandemic by increasing its offerings online, offering COVID-19 vaccines (under agreement with government authorities)...

Yahoo Finance Audience Say Nikola Is The Worst Company Of The Year

      Nikola Motor Company has had a bad year. 2020 will not only be remembered as the year of the pandemic but will also be...

Uber To Sell Self Driving Business to Aurora

      Uber will  be selling its self-driving car business to autonomous vehicle startup Aurora in the first quarter of January 2021.  Uber’s...

Kia Motors To Recall 295,000 U.S. Vehicles Over Engine Fire Risks

On Saturday, Korean automaker Kia Motors said that it is recalling 295,000 of its vehicles in the U.S. These vehicles may have faulty engines...

Tesla Discloses First US Diversity Report: 4% Black People Have Leadership Roles

      Tesla Inc., the electric car maker, has released its first US Diversity Report. According to it, Black employees make up only 4% of its...

Elon Musk Says Tesla Will Consider Merger Not Hostile Takeover with Competitors

  Wikimedia Elon Musk is always looking to expand in the automotive industry but not in a hostile manner. In a report by Reuters, Musk told...

GM Won’t Take A Stake in Nikola: Will Supply Hydrotec Fuel-Cell System

The electric truck maker Nikola said that it has revised terms with reference to a prior agreement with General Motors. GM will no longer...

Tesla Cybertruck Unveiling Anniversary: Construction Under Way in Texas

On November 21, 2019, the Tesla Cybertruck was unveiled. On its first anniversary further details and orders have been opened at the Tesla website...

Elon Musk Overtakes Mark Zuckerberg To Become World’s Third Richest Person

  Elon Musk has passed over Mark Zuckerberg to become the third richest person in the world. Amazon’s Jeff Bezos and Microsoft’s co-founder are still...

Tesla Inc.  Stock Soars Morgan Stanley Upgrades

  Morgan Stanley upgrades Tesla (NASDAQ:TSLA) to an Overweight rating from Equal weight. Analyst Adam Jonas "Tesla is on the verge of a profound model shift...

Tesla Finally Gets Green Light to Join S&P 500

Tesla stock price surged ahead in after hour trading as  it  announced that it would be included in the S&P in December....

Walmart & General Motors Come Together to Test Driverless Delivery

        Walmart and General Motors Cruise are planning to test the efficacy of self-driving cars to deliver orders to customers. The test drive will...

Elon Musk’s Boring Company In Austin, Texas

    The Boring Company is setting up operations in Austin, Texas. This tunneling and transportation startup, promoted by Elon Musk, had tweeted about the availability...
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