CNBC - Autos

SpaceX raised $25 billion in a debt sale, after seeing nearly $90 billion worth of orders, sources say.

Harris County authorities said that the driver, Michael Butler, said that he had been using Tesla's partially automated driving systems.

Lucid Group is cutting its U.S. workforce by 18% as part of a cost-savings plan. It also said COO Marc Winterhoff is departing effective immediately.

After some Waymo robotaxis drove into closed construction zones, the company implemented a recall to fix underlying software issues.

SpaceX's first few days of trading have been filled with superlatives, from trading volume to the size of the company's first acquisition.