Chinese authorities have launched an investigation into electric vehicle (EV) manufacturers after owners reported a loss of up to 125 miles (200 km) in driving range following software updates. The probe, triggered by complaints of battery degradation and longer charging times after over-the-air updates, has involved over eight EV makers, with three under formal investigation. Tesla and BYD, among others, have denied the allegations. This scrutiny comes amid Tesla's strong sales growth in China and BYD's recent domestic sales decline. The investigation highlights growing concerns over EV software management and battery performance in the Chinese market.
In Q1 2026, Baron Technology ETF declined 6.9%, closely following the MSCI ACWI Information Technology Index's 6.73% drop, amid market volatility driven by AI fears and geopolitical tensions. The fund outperformed over three years with a 29.15% annua...
The Vanguard S&P 500 ETF (VOO) is on track to become the first ETF to surpass $1 trillion in assets under management, driven by $250 billion growth in 2025 alone. This milestone underscores strong investor demand for low-cost, broad-market index fund...
Waymo has registered 577 autonomous vehicles in Texas, dominating the state's autonomous vehicle market compared to competitors like Tesla, Avride, and Nuro. This data comes from a new Texas DMV tool requiring AV companies to disclose fleet sizes and...
Tesla has registered 42 autonomous vehicles for its Robotaxi service in Texas, significantly fewer than Waymo's 577 authorized robotaxis. This registration follows a new Texas law requiring self-certification that vehicles meet level 4 autonomy stand...
Nvidia CEO Jensen Huang has joined the advisory board of Tsinghua University’s School of Economics and Management in Beijing, strengthening ties with China despite ongoing US-China tensions. Tsinghua is a prestigious university closely linked to Chin...
