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Tesla is looking to raise up to $5 billion in capital through a stock offering as the electric vehicle and solar panel maker seeks to take advantage of strong demand for its products.

Transportation Secretary Elaine Chao credited stakeholders for helping regulators propel the industry forward through a challenging 2020.

Uber is selling off its autonomous vehicles-development arm to Aurora as the ride-hailing company slims down after its revenues were pummeled by the coronavirus pandemic.

Peter Thiel-backed Luminar Technologies Inc. briefly touched an all-time high within days of emerging as a stand-alone company as investor excitement over developers of laser sensors that enable autonomous driving ramped up.

The North American Council for Freight Efficiency announced it has begun to explore autonomous goods movement by publishing a series of online articles under the banner NACFE’s Perspective on Autonomous Trucking.

Traton SE is stepping up expansion plans in China after Volkswagen AG’s truck division hammered out a deal to acquire Navistar International Corp. to boost its presence in North America.

Tesla Inc. is smashing through records as its impending addition to the S&P 500 Index has sparked a buying frenzy among investors, pushing the company’s market valuation over the $500 billion mark for the first time on Nov. 24.

Gatik, a Silicon Valley-based self-driving startup, has begun hauling cargo for Loblaws Inc., Canada’s largest grocer.

The U.S. government’s road safety agency is asking for public comment on how it should regulate safe deployment of self-driving vehicles.