Uber selling off its troubled self-driving-car unit could be the next step in Dara Khosrowshahi's bid to wipe away Travis Kalanick's 'growth at all costs' ethos

Uber is in talks to sell its troubled autonomous-vehicle division, ATG, to the startup Aurora Innovation, TechCrunch reported. ATG has struggled to make visible progress on self-driving, so the talks may be driven more by Uber's desire to rid itself of the unit than Aurora's interest in ATG's assets, analyst Sam Abuelsamid said. A sale […]

Analysts at JPMorgan and other firms say their view of EV startup Nikola remains unchanged, even after a blistering short-seller report called the company an 'intricate fraud built on dozens of lies

Nikola short-seller Hindenburg Research has alleged that the electric-truck startup "is an intricate fraud built on dozens of lies." Nikola denied many of Hindenburg's claims, but conceded some of them, including two instances in which it created the impression that non-operational truck prototypes could drive under their own power. Though Nikola's stock price has fallen […]