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Lucid shares decline despite reporting higher Q2 production and deliveries, as investors focused on the company's CFO change.
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Ross Gerber links ride-hailing giant Uber’s 10% layoffs to AI and its autonomous push, timed with Tesla’s Cybercab launch.
Read original at benzingaUber cuts 3,300 jobs (10% of staff) to slash management layers and simplify operations, bringing total workforce under 30,000.
Read original at benzingaPresident Donald Trump recently claimed the U.S. has “total control” over the Strait. NVIDIA acquire Hugging Face for $12.93 billion.
Read original at benzingaXPeng (XPEV) reports 39,107 August deliveries while stock faces key resistance at $12.50. Read the latest financial and chart breakdown.
Read original at benzingaLi Auto delivered 37,679 EVs in August, up 32% year-over-year. Get the full delivery breakdown and Q3 outlook.
Read original at benzingaNIO reports August deliveries of 35,836 vehicles, up 14.5% YoY. Core NIO brand sales double, offset by weaker ONVO figures.
Read original at benzinga