Why Are 21 Billionaires Moving Their Money ASAP?

One of the biggest stock market events in 25 years is rapidly unfolding... The economist who predicted the 2008 Financial Crisis says it will be: "The Biggest Crash of Our Lifetime." Starting November 19 it could cut the entire tech marketing by HALF.

Tesla Exec Says Cybercab Will Use No Paint Shop, Elon Musk Urges Retired Air Traffic Controllers To Return To Work, And More: This Week In Mobility

Anan Ashraf
March 02, 2025

The week was abuzz with news from the automotive and aviation sectors. From Lucid Group Inc. (NASDAQ:LCID) clarifying its business priorities to Tesla Inc. (NASDAQ:TSLA) revealing design plans for its Cybercab, there was no shortage of headlines. Additionally, Elon Musk made a plea to retired air traffic controllers, Trump’s helicopter movements caused FAA disruptions, and Mullen Automotive (NASDAQ:MULN) saw a significant stock surge.

Lucid’s Interim CEO Clarifies Business Priorities

Marc Winterhoff, the interim CEO of Lucid Group, refuted rumors that the company is planning to sideline its car business. He clarified that former CEO Peter Rawlinson’s statement about Lucid being primarily a tech company was misinterpreted.

Read the full article here.

Tesla’s Cybercab to Forego Stainless Steel and Paint

Tesla’s dedicated robotaxi, the Cybercab, will neither have stainless steel panels nor be painted, according to senior company executive Lars Moravy. He explained that the material used for the Cybertruck does not allow for the Cybercab’s required curves or structure.

Read the full article here.

Elon Musk Calls for Retired Air Traffic Controllers to Return to Work

Elon Musk, the Department of Government Efficiency lead, urged retired air traffic controllers to consider returning to work due to a shortage of highly skilled controllers. This call comes as the FAA is recruiting entry-level air traffic controllers.

Read the full article here.

Trump’s Helicopter Movements Cause FAA Disruptions

New FAA regulations requiring the shutdown of runway operations at Washington’s Reagan National Airport during President Trump’s helicopter movements have led to significant disruptions for airlines and passengers. The restrictions were implemented following a fatal collision between an Army helicopter and an American Airlines jet.

Read the full article here.

Mullen Automotive Wins Contract

Mullen Automotive’s stock experienced a significant surge on Wednesday after it said that its fully electric commercial vehicles have been included in the National Auto Fleet Group's (NAFG) Sourcewell contract.

Read the full article here.

Read Next:

  • Stellantis Executive Chairman Speaks Out Against Tariffs On Vehicles Made In Mexico, Canada: ';Real Opportunity Is… 4M Cars That Are Sold In America That Don't Have Any US Content'

Photo courtesy: Tesla

This story was generated using Benzinga Neuro and edited by Anan Ashraf.

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