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Musk loses $55 billion, but there's a lot more at stake for Tesla

The billionaire has issued a thinly veiled threat to take his best artificial intelligence-related ideas elsewhere unless he was granted another giant slug of Tesla stock. With a US court voiding a $55 billion compensation package, the Tesla board must now come up with a new package to supposedly keep Musk from taking his best ideas elsewhere ....

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Normalville man jailed after attempting to steal vehicle in Uniontown

Uniontown police arrested a Normalville man Monday after he allegedly tried to steal a vehicle and drug its owner down the street. Michael L. Richter, 39, faces felony charges of theft by unlawful taking and robbery. According to the criminal complaint, at about 10:30 a.m. Richter got into a car parked in the 300 block […] ....

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Foreign auto makers exiting China are making a smart move

Strategic reductions by many companies are a sign of pragmatism and an acknowledgement that the world’s largest car market isn’t necessarily a profitable one. Pricing power, government subsidies, and the speedy adoption of new-energy vehicles like battery and hybrid-powered models by Chinese automakers made foreign brands increasingly redundant ....

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Toyota Recalls Several Early 2000s Models Due to Faulty Takata Airbags

Toyota has announced the recall of early 2000s models of Corolla, Corolla Matrix, and RAV4 vehicles due to defective Takata airbags. ....

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Budget 2024: Auto sector eyes EV incentives to push entry-level cars

Analysts said the government is likely to focus on boosting rural consumption and this is expected to benefit rural-focused two-wheeler and entry-level four-wheeler companies ....

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