Hertz is looking to leapfrog the competition following its bankruptcy, ordering 100,000 Teslas and partnering with Tom Brady for an ad campaign.
Tesla has rolled back its latest Full Self-Driving (FSD) update following errors.
Tesla turned in a record third quarter, delivering 241,300 vehicles and strong revenue growth.
Foxconn is working to become a powerhouse in the electric vehicle (EV) market, planning on production in Europe, Latin America and India.
Another major company is moving its headquarters out of California, as Tesla is moving its headquarters to Texas.
General Motors plans to double its annual revenue by 2030, a far cry from the semiconductor woes the auto industry is currently dealing with.
Tesla has delivered a record number of vehicles in the third quarter, beating Wall Street estimates.
Zurich-based ABB has solved the biggest issue with electric vehicles, unveiling a system that can charge any EV to full capacity in 15 minutes.
Ford has announced it is investing $11.4 billion to create four plants in Kentucky and Tennessee, bringing 11,000 jobs to the region.
General Motors and LG are working to fix the issues that led to a recall of the Chevy Bolt over fire concerns.