Tesla bull Cathie Wood talks Robotaxis and ARK Invest’s greater conviction in TSLA

Tesla bull Cathie Wood added 130,000 TSLA shares to three of ARK Invest’s ETFs recently. The ARK Innovation ETF bought 89,447 TSLA shares, while the ARK Next Generation Internet ETF added 29,508 Tesla stocks, and the ARK Autonomous Technology and Robotics ETF added 13,173 shares.  Founder, CEO, and CIO of the asset-management company Cathie Wood […]

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Geely considers launching dedicated EV subsidiary

The Chinese car manufacturer Geely reportedly wants to spin off product planning, marketing and sales of electric vehicles into an independent company. The subsidiary Lingling Technologies, which is yet to be founded, is to be primarily concerned with development, marketing and sales. As Reuters reports, the main focus will be on future electric cars based […]

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SpaceX reschedules Starship static fire amid deadly Texas cold snap, power grid failure

After extreme weather and a once-in-a-decade cold snap ground SpaceX’s Starship launch preparations to a halt, the company’s next critical preflight test is back on the calendar. SpaceX received permission to close Boca Chica Boulevard from 9 am to 6 pm CST (UTC-6) on Monday, February 22nd, with identical backup windows available on Tuesday and […]

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Daimler considers moving up combustion vehicle phase-out

Daimler has famously set itself the goal of achieving a CO2-free fleet by 2039. Now, according to a media report, the company is considering an early end to the combustion engine. In an interview, Daimler CEO Ola Källenius already hinted that the interim targets for electric vehicles could be revised upwards. As reported by the […]

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Tesla Model X with FSD beta drives itself to service center with no interventions

When Tesla achieves its autonomy targets and rolls out the full-featured version of its Full Self-Driving system, the idea of electric cars driving themselves to their respective service appointments may very well be the norm. The current iteration of Tesla’s FSD Beta is not fully autonomous yet, but the system already achieved such a feat […]

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