Latest Apple rumor may vanish as fast as a McLaren

September 22, 2016

The iPhone giant may have approached the British supercar firm. Apple, though, has made few acquisitions, even to help it pioneer smartphones. While McLaren is high-tech, it's hard to see it taking Apple's car ambitions far. Fancy can run free when a company has $230 bln of cash.

Cox: Apple and Tesla really need each other now

By Rob Cox
September 20, 2016

Tim Cook may be revamping his approach to autonomous cars, while Elon Musk needs capital and corporate credibility. An Apple stake in Musk's electric carmaker would help both. Adding the Tesla founder to the iPhone giant's board could catalyze innovation there, too.

VW jolt not enough to end Icahn trucking nightmare

September 6, 2016

The investor's 20 pct stake in Navistar got a boost from the troubled U.S. manufacturer's partnership with the German giant. Five years agitating for change has yielded nothing for Icahn or fellow activist owners. The stock needs to rise by half again just for him to break even.

Uber steers self-driving to robots vs. jobs crash

August 18, 2016

The ride-hailing app is buying autonomous big-rig startup Otto and unleashing driverless taxis in Pittsburgh. Such technology would save lives but automate a task that employs millions of U.S. workers. The U.S. safety net is ill-prepared for such a job-destroying juggernaut.

Lyft’s off-ramp leads to General Motors

August 15, 2016

The No. 2 U.S. ride-hailing service recently rebuffed takeover interest from its 9 pct owner. There are good reasons for Lyft to steer clear of Detroit, despite a shared vision for autonomous cars. But cash-flush rivals could yet force the Silicon Valley upstart into GM's lane.

Tesla makes best of perplexing SolarCity deal

August 1, 2016

At $2.6 bln, Elon Musk's electric-car pioneer is paying less than expected for his solar-panel installer. The boards have done the right things to manage conflicts. There's overlap between Tesla's battery unit and SolarCity. But diluting the ambitious automaker's focus is risky.

from Viewsroom:

Viewsroom: Republican convention, Tesla, banks

July 22, 2016

The confab to anoint Donald Trump the GOP presidential candidate is full of controversy, but short on business support and cogent financial policy. Tesla boss Elon Musk unveils his master plan, to underwhelming response. And there are silver linings to recent ho-hum bank results.

Elon Musk’s new plan will test investor faithful

July 21, 2016

The Tesla boss has a compelling vision for building more vehicles with more autonomy for a sharing economy. But Musk's missive fails to address shareholder concerns about the electric carmaker's planned merger with SolarCity. It's also unclear how he will finance his ambitions.

VW profit rebound may run out of gas

July 20, 2016

While the emission scandal's costs are rising, Volkswagen has beaten second quarter operating profit forecasts by a mile. Successful cost cutting and rising sales point to inherent strengths. Yet a new risk looms: a possible slump in car demand due to the shock of Brexit.

Tesla pressure clouds Elon Musk’s solar gambit

July 5, 2016

The electric-car maker missed its delivery target again. That's bad news for a company aiming to quintuple production by 2018. A fatal crash also has invited scrutiny of Tesla's Autopilot feature. These concerns further undermine an already questionable effort to buy SolarCity.