Business

NEW YORK — Tesla knocked roughly a third off the price of its “Full Self Driving” system — which can’t drive itself  — to $8,000 from $12,000, according to the company website.

BALTIMORE — Salvage crews at the site of a collapsed bridge are turning their focus to the tons of debris sitting atop the Dali, a massive cargo ship that caused a deadly catastrophe in March.

Electric vehicle upstart Rivian, which recently put on pause plans to build a Georgia factory, said in mid-April it is laying off more workers as it cuts costs to buttress its balance sheet.

Transportation companies that serve as a bellwether for the American economy sent up a smoke signal last week.

The Biden administration is using emergency powers to authorize widespread sales of higher-ethanol E15 gasoline this summer, following a strategy it employed the previous two years.

Redwood Materials, started by Tesla co-founder J.B. Straubel, is attempting to create a domestic loop using recycled critical metals for lithium-ion batteries.

A waning electric vehicle market is dragging down shares of companies making chips for automobiles, with their limited exposure to AI excluding them from a broader rally. 

Shares of truck maker Volvo AB dropped as much as 5.9% in Stockholm on news that China’s Zhejiang Geely Holding Group had sold the entirety of its Class B shares, worth about $1.3 billion.

Tesla Inc. recalled 3,878 Cybertruck pickups to rework or replace accelerator pedals that can dislodge and cause the vehicle to unintentionally accelerate, increasing risk of a crash.

The federal government awarded Fort Worth, Texas, $2 million to test weather sensors on autonomous freight truck routes.