Automakers are killing deals and focusing production on high-demand models as a result of the semiconductor shortage.
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Tesla Moving Its Headquarters to Texas
Another major company is moving its headquarters out of California, as Tesla is moving its headquarters to Texas.
GM Plans to Double Revenue by 2030
General Motors plans to double its annual revenue by 2030, a far cry from the semiconductor woes the auto industry is currently dealing with.
GM Ultra Cruise Will Bring True Hands-Free Driving Across 95% of Scenarios
GM has announced its next generation autonomous driving software, Ultra Cruise, covering 95% of driving scenarios.
Tesla Delivers Record Number of Vehicles
Tesla has delivered a record number of vehicles in the third quarter, beating Wall Street estimates.
Automaker Opel Closing Factory Till 2022 Over Semiconductor Shortage
Automaker Opel is closing its Eisenach plant in Germany for the rest of the year as a result of the semiconductor shortage.
Uber Built A Very Anti-Fragile Business, Says Jason Calacanis
Early Uber investor Jason Calacanis says that unlike Lyft, Uber built a very anti-fragile business with the combination of Eats and Rides and has become relentlessly focused.
Sir Jony Ive’s Firm Partnering With Ferrari
Sir Jony Ive is one of the most successful product designers in the world, and will now be working with Ferrari, one of the most iconic auto makers.
White House Wades In As Chip Crisis Poised to Cost Auto Industry $210 Billion
The White House is discussing the ongoing semiconductor crisis with companies as the auto industry is poised to lose $210 billion in revenue.
Volkswagen Truck Unit Cannibalizing Chips From Finished Trucks
Volkswagen’s truck unit, Traton Group, is taking chips from unfinished vehicles to finish others, a new indication of the impact of the semiconductor shortage.