Can you keep a ‘secret’? Elon Musk has a new ‘master plan’ coming this week

Here is the latest Auto News from CNBC.

Can you keep a ‘secret’? Elon Musk has a new ‘master plan’ coming this week
Tesla founder Elon Musk has dropped a big hint that he’s going back to the drawing board on a new ‘master plan.’

Driverless cars may not be ready for prime driving time, expert says
The technology for driverless hasn’t been tested enough, Duke University Robotics Director Mary Cummings says.

Fortune editor who clashed with Tesla says he’s a big fan of Elon Musk
Alan Murray, Editor at Fortune, discussed his war of words with Elon Musk.

Uber raises $1.15 billion with first leveraged loan: WSJ
Ride-hailing operator Uber has raised $1.15 billion from a new high-yield loan, the WSJ reported.

Watch Jay Leno drive a monster truck
It all started with hobbyists in the 1970’s, but now monster trucks have become monster business.

Lyft just added a luxury service to rival UberBlack
Lyft wants its users to start kicking back in Cadillacs and BMWs, the ride share company announced on Thursday.

Devices found in Tesla weren’t running after crash, investigators say
Investigators found a laptop in the Model S sedan involved in a fatal crash on May 7.

These rare cars aren’t safe for the road but make great investments
Some older cars aren’t fit for the road. But are they fit for investing?

Ford CEO Mark Fields: 5 things all business leaders should be doing
Ford Motor Company CEO and President Mark Fields shares his management secrets with CNBC.

Tesla ramps up war of words with ‘gun-jumping’ Fortune over Model S crash
Elon Musk has hit out at Fortune again over reports Tesla was too slow to disclose a fatal crash involving the vehicle’s autopilot.

Regulators review whether Tesla car used autopilot in PA crash
Regulators are looking in to a Pennsylvania crash of a Tesla Motors vehicle.

Short seller Chanos says Tesla sure does remind him of Valeant
The flight of executives from Tesla Motors reminds one shrewd investor of the shakeups that preceded Valeant’s plummet.

Tesla Model X crash being investigated over possible use of autopilot
Federal investigators are trying to determine whether a Tesla Model X was in autopilot mode when it crashed.

One thing Google’s robot cars are surprisingly good at
Google’s self-driving car can recognize, understand and remember cyclists hand signals, Recode reports.

Tesla told regulators about autopilot crash nine days after accident
Tesla alerted regulators to a fatality in one of its cars in partial self-driving Autopilot mode nine days after it crashed, the company said.

Here’s how traders are playing the news on Tesla, Delta Air Lines and more
With the Dow Jones Transportation Average down 8% in the last year, the “Fast Money” traders made their picks in the sector.

Reasons for Tesla to scrap its solar deal are piling up
Tesla missed a delivery target again. That’s bad news for a company with big ambitions and a solar deal in the works, says BreakingViews editor Antony Currie.

Tesla stock dips after missing delivery target
Tesla Motors stock fell 3 percent after reporting lower-than-anticipated deliveries for the second-quarter.

Ford Explorers investigated for exhaust gas odor inside SUV
The U.S. government is investigating complaints from Ford Explorer owners who say they smelled exhaust gas inside their SUVs.

Tesla’s delivery miss tests investors’ faith
For Tesla skeptics, the automaker’s second-quarter delivery report gave them yet another reason to say “I told you so.”

Musk brushes off legendary reporter over fatal Tesla crash: It’s ‘not material’
Tesla Motors scored over $2 billion in a public offering without disclosing news of fatal crash, Fortune reported.

Will Brexit strike a blow at the UK auto industry?
The U.K.’s decision to leave the EU could create problems for the autos industry, but also opportunities, according to experts.

Eyeing big data buys, portfolio managers seek an ‘economic moat’
CNBC’s Sharon Epperson discusses tech stocks with Catherine Wood of ARK Invest and Christopher Retzler of Needham Funds.

Tesla’s deliveries miss target again amid production ramp-up
Tesla Motors missed its vehicle delivery target for the second consecutive quarter and is on track to fall short of its annual target.

Tesla cranks out 20% more cars in Q2, but struggles to deliver them
Tesla ramped up production in the 2nd quarter, but delivered fewer cars than expected.

Start your engine or hit the brakes? Traders share how they’re playing peak auto
The U.S. auto sales rate came in at 16.66 million vehicles for the month of June, below the May sales pace of 17.45 million.

Tesla shares hold steady as investigation into fatal crash gets underway
Tesla traded flat after U.S. regulators opened an investigation on the automotive company due to a fatal crash.

Fiat Chrysler, Nissan report higher June US sales
Fiat Chrysler Automobiles reported a 7 percent rise in June U.S. auto sales, while Nissan Group said U.S. sales for the month increased 13 percent.

Tesla shares slip following fatality, but damage seen limited
One analyst called the first death from Tesla’s Autopilot system a “headline risk.”

Truck driver involved with fatal Tesla accident says driver was watching a movie
The driver of the truck and owner of Okemah Express, said the Tesla driver was “playing Harry Potter on the TV screen.”

Tesla under investigation over autopilot system linked to death; stock falls 3%
U.S. regulators said on Thursday they are opening a preliminary investigation into 25,000 Tesla Motors Model S cars.

Good news for New Jersey drivers: No gas tax hike Friday
The New Jersey Senate delayed a vote to raise the state’s gas tax ahead of the holiday weekend, NBC New York reported.

Fourth of July weekend could bring highest demand for gas ever seen
As the Fourth of July weekend approaches, an analyst expects the highest demand for gas we’ve ever seen.

Why Volkswagen settlement is a huge waste of $15 billion