Honda scraps 3 EVs planned for the US, blaming tariffs and Chinese competition https://t.co/vAQK585XJ5 ...

CARLSBAD, Calif., March 12, 2026 (GLOBE NEWSWIRE) -- Aptera Motors Corp. (NASDAQ: SEV) (the “Company” or “Aptera”), a solar mobility company advancing ultra-efficient transportation, today announced the immediate exercise of warrants, previously issued in January 2026, to purchase up to 3,167,500 shares of its Class B Common Stock pursuant to their existing terms for gross cash proceeds of approximately $6.3 million before deducting financial advisor fees and other transaction expenses. In consideration for ...

🚨BREAKING: Tesla Model Y was the top selling vehicle in China in February 202641,404 Model Ys were sold, based on wholesale delivery data. https://t.co/fyK5VxPNMc ...

Core Viewpoint - Tesla Energy Ventures Limited has received approval from Britain's energy regulator Ofgem to supply electricity to households and businesses across the UK, marking a significant expansion of Tesla's energy business in the region [1]. Group 1: Regulatory Approval - Ofgem granted an electricity supply licence to Tesla Energy Ventures Limited, allowing the company to engage in electricity supply activities [1]. - The approval process took several months and became effective on Wednesday [1]. - This licence is distinct from an existing generation licence held by Tesla Motors Limited [1].

BMW expects profitability to stay roughly flat this year due to the cost of tariffs and intensifying competition in China https://t.co/egtHZUFEe4 ...

Group 1 - Nissan Motor, Uber Technologies, and British startup Wayve announced a collaboration for the development of robotaxis [1]

Core Insights - Wayve, Uber, and Nissan have signed a memorandum of understanding to collaborate on the development of robotaxis, with a pilot deployment planned in Tokyo by late 2026 [1] - This partnership marks Uber's first autonomous vehicle collaboration in Japan and is part of a broader global rollout of robotaxi services across more than ten cities, including London [1] - The Wayve AI Driver will be integrated into Nissan's vehicles, specifically the Nissan LEAF, to provide a robotaxi service through Uber's platform [1] Group 1: Partnership Details - The collaboration aims to combine Wayve's AI technology, Nissan's vehicles, and Uber's ride-hailing network to create a safe and reliable robotaxi service [1] - The initial phase will involve vehicles operating on the Uber network with a trained safety operator present, allowing riders to experience the service [1] - The Wayve AI Driver is designed to learn from real-world data, enabling rapid expansion into global markets without relying on HD maps [1] Group 2: Market Context and Statements - Tokyo is identified as a challenging market due to its dense traffic and high safety standards, making it a significant step for the deployment of autonomous mobility [1] - Alex Kendall, CEO of Wayve, emphasized the importance of responsibly introducing this technology in Japan, where extensive testing has been conducted since early 2025 [1] - Dara Khosrowshahi, CEO of Uber, highlighted the initiative as part of Uber's long-term commitment to Japan and its potential to address driver shortages in urban transportation [1]

Core Insights - The Macrohard project by xAI, initially pitched as a potential competitor to Microsoft, is now reportedly stalled and lacks leadership [1][2][3] Group 1: Project Status - Macrohard has faced significant setbacks, including leadership departures, a hiring freeze, and the suspension of a major data project that employed 600 contractors [2] - Over 20 engineers have left Macrohard, and the project currently has no leader or job postings, indicating a lack of momentum [3] Group 2: Company Dynamics - xAI has lost six of its 12 original co-founders, with former staff describing the company as being in a "catch-up" phase against competitors like OpenAI and Anthropic [3] - Tesla is reportedly reallocating resources from Macrohard to its own AI initiatives, such as "Digital Optimus," which aims to operate computers autonomously [4] Group 3: Financial Implications - Tesla disclosed a $2 billion investment in xAI as part of its Master Plan Part IV, which now represents a stake in the merged SpaceX-xAI entity [5] - The future trajectory of Digital Optimus remains uncertain, especially with recent leadership losses in Tesla's AI teams [5] Group 4: Market Predictions - Prediction markets indicate a low probability of xAI's Grok model shipping by the end of March, with only 4% odds, and a mere 8% chance of it being the best AI model by the end of June [6] - Traders assign only 33% odds for the Cybercab to sell for under $30,000 this year, and just 18% for Optimus to reach consumers by year-end [7]

Global Energy Crisis and Strategic Reserves - The International Energy Agency (IEA) has initiated a coordinated release of 400 million barrels of oil, marking the largest release in its history, to address price shocks due to the U.S.-Israeli conflict with Iran [2] - The United Kingdom will contribute 13.5 million barrels to this effort, while French President Emmanuel Macron has urged the G-7 to assist in reopening the Strait of Hormuz promptly [2] - A.P. Moller – Maersk reported that global fuel supplies are sufficient but unevenly distributed, necessitating proactive fuel redistribution to maintain operational efficiency [3] - The U.S. Department of the Interior announced a Gulf of Mexico oil and gas lease sale that attracted $46.98 million in high bids, indicating ongoing industry interest in domestic production despite regional instability [3] Geopolitical Escalation in the Middle East - U.S. Central Command has issued warnings for Iranian dockworkers and commercial crews to avoid military equipment and Iranian Navy port facilities, citing safety concerns for civilians [4] - The U.S. military has reportedly destroyed around 60 Iranian vessels, including 16 mine-laying ships near the Strait of Hormuz [4] - The conflict is affecting international relations, with Russian officials expressing distrust in U.S. involvement in Ukraine peace talks following the Iranian conflict [5] - The Kurdistan Regional Government (KRG) has halted oil transit through the Iraq-Turkey pipeline until Baghdad provides immediate financial relief and security guarantees for international oil companies [5] Aviation and Sanctions Developments - Airbus SE has secured new orders from Air Transport Europe for its H135 and H140 helicopters, indicating strong demand in the emergency medical services (EMS) sector [10] - The H140 model features the Helionix digital avionics suite and is experiencing early adoption from EMS operators in Slovakia and the Czech Republic [10] - The European Union is considering lifting sanctions against oil trader Niels Troost as part of a broader economic strategy against Russia amid changing geopolitical dynamics in the Middle East [11] Technology and AI Initiatives - Elon Musk has introduced "Macrohard" (or Digital Optimus), a joint venture between xAI and Tesla, aimed at simulating software company operations and serving as a digital counterpart to the Optimus humanoid robot [6] - The system is designed to operate on Tesla's AI4 hardware, priced at $650, and utilizes high-performance Nvidia hardware provided by xAI [6] - Platform X has transitioned its Grok AI Q&A feature to a paid-only model, requiring users to hold a Premium subscription for expanded access [7]

EV startup Harbinger reveals a smaller work truck with electric and hybrid variants https://t.co/z4tKzHRauy ...