REE Automotive Ltd. ( REE ) shares are moving lower on Tuesday after the company announced the pricing of a $27 million registered direct offering. What To Know: The company is pricing 6,376,631 shares at $4.25 per share. REE intends to use the net proceeds for working capital and general corporate purposes. What Else: REE entered into a non-binding memorandum...

BERLIN (Reuters) - Mercedes-Benz is trialling using humanoid robots made by U.S.-based company Apptronik for tasks such as moving components to the production line or carrying out quality checks, the latest automaker to experiment with robots in manufacturing. The German company has invested a low double-digit million-euro sum in Apptronik, a Texas-based firm founded in 2016 that is racing with...

11:01 AM EDT, 03/18/2025 (MT Newswires) -- Sentiment on Tesla (TSLA) shares has turned negative amid consumer backlash on Chief Executive Elon Musk's political activities, and the next leg of the Tesla trade will depend on the company's ability to replace a portion of its consumer base, Oppenheimer said in a Tuesday note. The analysts also said the automaker will...

* Mercedes investing two-digit million-euro sum in robotics firm * Handful of Apollo robots deployed in Berlin, Kecskemet sites * Able to move components, carry out quality checks * Training under way for robot to perform autonomous tasks By Victoria Waldersee BERLIN, March 18 (Reuters) - Mercedes-Benz is trialling using humanoid robots made by U.S.-based company Apptronik for tasks such...