Tesla secures land in Shanghai for first factory outside US

Business 10/17/18, 01:39

Electric auto brand Tesla Inc. said it signed an agreement Wednesday to secure land in Shanghai for its first factory outside the United States, pushing ahead with development despite mounting U.S.-Chinese trade tensions.Tesla, based on Palo Alto, California, announced plans ...

Report: Uber IPO could put company value at $120 billion

Business 10/16/18, 09:52

Uber may put forth an initial public offering early next year that values the ride-hailing business at as much as $120 billion, according to a media report.The Wall Street Journal said Tuesday that Uber Technologies Inc. received valuation proposals from ...

GM, Honda team up to produce self-driving vehicles

Business 10/03/18, 08:46

General Motors and Honda will team up on self-driving vehicle technology as big automakers and tech giants race to be first in their development.Honda Motor Co. will invest $2.75 billion in the autonomous vehicle unit run by General Motors Co., ...

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