Ford to sell 8M Rivian shares after $3.1B net loss
Ford plans to sell 8 million of its Rivian shares. The lockup period for Rivian’s IPO will expire on Sunday,…
2 years ago
Twitter to have “extreme” work ethic expectations for its employees, says Musk
If Elon Musk successfully completes his acquisition of Twitter, employees of the social media platform should expect a clear direction…
2 years ago
How Tesla’s vision for the Robotaxi aligns with its focus on sustainability and environmentalism
Tesla's vision for the Robotaxi fleet has always been to revolutionize the way vehicle ownership is perceived. Tesla owners would…
2 years ago
Tesla said it received 3 million job applications in 2021
Tesla said in its 2021 Impact Report that it received 3 million job applications from potential employees last year. "By…
2 years ago
CATL’s $5B North American battery production plans land in U.S., several sites being vetted
Contemporary Amperex Technology Co (CATL) said in March 2021 that it would invest $5 billion into potential electric vehicle battery…
2 years ago
Tesla hikes Full Self-Driving price in Canada by $2,200
Tesla has hiked the price of its Full Self-Driving suite in Canada by $2,200. The FSD capability will now cost…
2 years ago
Teslas using Autopilot are eight times less likely to be in an accident
Tesla vehicles utilizing the company's Autopilot vehicles are eight times less likely to be involved in an accident compared to…
2 years ago
Tesla locks in long-term, low-carbon nickel supply deal with Vale SA
Tesla has locked in a long-term, low-carbon nickel supply deal with Brazilian mining company Vale South America, the latter company…
2 years ago
Tesla releases its 2021 Impact Report, shows strides toward full sustainability
Tesla has released its 2021 Impact Report, and it revealed that the company is making huge strides in its efforts…
2 years ago
Twitter job interest rises over 250% after announcement of Elon Musk’s $44 billion buyout deal
Elon Musk's upcoming and likely acquisition of Twitter appears to be making the social media company more attractive to job…
2 years ago
Tesla Giga Shanghai will add another shift to improve its production output: report
Tesla is reportedly looking to ramp Gigafactory Shanghai's vehicle production output from May 16. The company would be accomplishing this…
2 years ago
Ford warns dealers of $25k fine if F-150 Lightning demo units are sold early
Ford seems intent on ensuring that the rollout of the F-150 Lightning will go off without a hitch. This was…
2 years ago
Tesla Giga Texas interviews Bastrop ISD students for jobs
Tesla Gigafactory Texas has been busy interviewing Bastrop Independent School District seniors. It has been tapping into local talent to…
2 years ago
Lucid Air price increases due to rising raw material costs & supply chain challenges
Lucid Motors announced a price increase for its Lucid Air product line after releasing its Q1 2022 financial results. In…
2 years ago
SpaceX Falcon 9 rocket goes vertical for 44th Starlink launch
A SpaceX Falcon 9 rocket has gone vertical at Kennedy Space Center Pad 39A ahead of the company's 18th launch…
2 years ago
Volkswagen to invest €10bn for EV and battery manufacturing in Spain
German car company Volkswagen will invest €10 billion ($10.6 billion) to launch electric vehicle and EV battery manufacturing in Spain,…
2 years ago
Nikola stock jumps following earnings beat, details over 500 orders for Tre BEV
Nikola Corporation (NASDAQ: NKLA) reported positive earnings for Q1 2022, beating Wall Street estimates in EPS and revenue. Shares of…
2 years ago
Elon Musk expected to be Twitter’s CEO temporarily, Tesla shares drop
Elon Musk is expected to assume the role of Twitter CEO at least temporarily after his $44 billion acquisition of…
2 years ago
Lucid reports Q1 2022 Earnings tonight: Here’s What to Expect
Lucid Group (NASDAQ: LCID) will report its earnings for the first quarter of 2022 this evening after market close. Analysts…
2 years ago
GM CEO Barra leans on price parity to take out Tesla in race to EV superiority
General Motors CEO Mary Barra has plans to catch Tesla by mid-decade, and she plans to lean on cheaper electric…
2 years ago