Eric Walz

The two companies will study how Ford’s future electric vehicle batteries can supply power to homes to help reduce energy costs.

The technology increases downforce and reduces turbulence, which improves traction and stability at higher speeds.

Deliveries are expected to begin in the first half of 2024.

The automakers will jointly develop and source common parts for two China-specific midsize EVs.

The auto manufacturer plans to use the robots to perform physically demanding or repetitive tasks that are often more hazardous to humans.

The EV startup hopes lower prices will make it easier to sell its unsold 2023 inventory.

CEO Elon Musk cited the company’s push for cost reduction and existence of duplicative roles as reasons for the layoffs.

The company has issued a total of 23 separate recalls across its model lineup since January.

The automaker faced pushback over the program’s significant upfront investment costs.

The new chief will take over the robotaxi company as it prepares to restart operations after a months-long suspension and series of executive shake-ups.