To The Moon

TEMPO.CO, Jakarta -China's top electric vehicle maker BYD aims to complete its $1 billion plant in Indonesia at the end of 2025, the head of its local unit said on Monday, January 20, 2025, underscoring the firm's ambition to dominate in the market where Japanese automakers are popular.The long-term plan for the plant is for the export market, said Eagle Zhao, BYD's president director in Indonesia."Every single progression of our local manufacturing is quite smooth and also on the track. We will keep our commitment, which is by end-2025, we will complete the construction works," Zhao said in a joint interview with Reuters and CNBC Indonesia.

The House passed a new spending deal released earlier Friday afternoon.The bill, H.R. 10545, is nearly identical to the one voted down Thursday night, except that it doesn't address the debt ceiling.

Tesla's stock took a significant hit on Monday, plummeting 5% as investors grew concerned over the potential impact of former President Donald Trump's economic policies on the electric vehicle industry if he wins the upcoming election. The sharp decline in Tesla's share price reflects growing unease about the future of EVs and clean energy under a potential Trump administration.At the heart of investors' worries is Trump's stated intention to eliminate or reduce the $7,500 federal tax credit fo

(Reuters) - Taiwan Semiconductor Manufacturing Co said on Wednesday that a new chip manufacturing technology called "A16" will enter production in the second half of 2026, setting up a showdown with l

Ongoing layoffs eliminate new ‘growth content’ team in USEV manufacturer had recently pursued traditional advertisingA Tesla Model STesla Inc. slashed a newly formed marketing team as part of companyw

ALIBABA Group Holding led the largest single financing round for a Chinese artificial intelligence (AI) startup, the latest in a string of sizeable investments that suggest the e-commerce firm is again deploying capital in the hunt for growth.

(Reuters) - Tesla has lowered driving-range estimates across its lineup of electric vehicles as a new U.S. government vehicle-testing regulation takes effect with the goal of ensuring that automakers

(Bloomberg) -- $Alibaba Group Holding Ltd.(BABA)$ has appointed a cohort of younger executives to lead its e-commerce unit, as the once-dominant giant seeks to reinvigorate growth in the face of fierc

Dec 22 - Tesla is recalling about 120,423 Model S and Model X vehicles in the U.S. over the risk of cabin doors being unlocked during a crash, the National Highway Traffic Safety Administration said on Friday. The automaker has released an over-the-air software update to address the issue, the NHTSA said.