President Donald Trump launched a sweeping national effort to rebuild America’s scientific edge, unveiling a new AI-driven initiative the White House is comparing to the Apollo program.
The Donald Trump administration is reportedly pushing Taiwan to ramp up U.S. investments and train American workers in chipmaking as part of a broader trade deal.
U.S. Sen. Richard Blumenthal (D-Conn.) and U.S. Sen. Josh Hawley (R-Mo.) have called for an investigation and regulatory action against Meta Platforms, Inc. (NASDAQ:META) over its alleged profiting from fraudulent advertisements on its platforms.
Automotive
Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk said that the company’s Full Self-Driving (FSD) technology’s latest update could give the EV giant a major autonomous boost.
Tesla recorded 6,964 new registrations during October in Europe, a 48.5% year-on-year decline from October 2024’s 13,519 registrations in the region.
Tesla plans to double its robotaxi fleet in Austin, Texas, in December, less than six months after launching the autonomous ride-hailing service in the city.
Tesla is offering free Supervised Full Self-Driving (FSD) rides to customers across multiple countries in Europe ahead of the planned deployment of the technology in the region next year.
Elon Musk-led Starlink has signed a deal with Ukrainian Telecom giant Kyivstar Group Ltd. (NASDAQ:KYIV) to offer direct-to-cell technology.
BYD Co. Ltd. has recalled over 88,981 units of its Qin PLUS DM-i Plug-In Hybrid Electric Vehicle (PHEV) in China.
Pony AI Inc. (NASDAQ:PONY) reported third-quarter FY25 revenue growth of 72.0% year over year to $25.4 million, and adjusted loss per share narrowed to 14 cents from a loss of $3.50 a year ago quarter. Also, the company disclosed that its Gen-7 Robotaxis have now achieved city-wide unit economics breakeven.
Nio Inc.
