Tesla management told employees Monday that the recent layoffs — which gutted some departments by 20% and even hit high performers — were largely due to poor financial performance, a sourc
Two high-profile executives have departed Tesla the same day that the electric automaker laid off thousands of workers, TechCrunch has confirmed. Drew Baglino, Tesla’s SVP of Powertrain and Ener
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It’s a long way from pedal bikes to Formula 1. But that’s precisely the quantum leap that AI-based startup Neural Concept and its co-founder and CEO, Pierre Baqué, made in just six years.
The price cut comes a couple of weeks after Tesla launched a free one-month trial of FSD for every customer in the U.S. with a compatible Tesla.
India is getting an electric three-wheeler passenger vehicle that charges from 0 to 100% in 15 minutes. The launch of the new EV — a collaboration between auto manufacturer Omega Seiki Mobility
It's the first known fatality resulting from a crash involving the use of BlueCruise, which Ford first announced in 2021.
Sanctuary AI announced that it will be delivering its humanoid robot to a Magna manufacturing facility. Based in Canada, with auto manufacturing facilities in Austria, Magna manufactures and assembles
The New York City-based startup has been working on a product that retrofits existing street lampposts to enable EV charging.
Two internal whistleblowers at Faraday Future claim the troubled EV company has been lying about some of the few sales it has announced to date. They also claim founder Jia Yueting has “weaponiz
Given flagging sales of the company’s existing product line, a mass-market electric vehicle would be a welcome shot in the arm.
General Motors’ Cruise is redeploying robotaxis in Phoenix after nearly five months of paused operations, the company said in a blog post. The catch? The cars will be in “manual mode,̶
Lucid Motors delivered more EVs in the first quarter of 2024 than it has in any other quarter, though it set the record by a very slim margin. The Saudi-backed, California-based electric vehicle compa
Indian ride-hailing giant Ola is shutting down its operations in the UK, Australia and New Zealand, six years after expanding to international markets.
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Just hours after Elon Musk claimed Reuters was “lying” about Tesla’s plans to ditch its $25,000 low-cost EV and instead focus all its efforts on a robotaxi, the Tesla CEO announced o
Tesla is reportedly abandoning its plan to build a lower-cost EV, thought to be priced around $25,000, according to Reuters, despite that vehicle’s status as a pivotal product for the company
Apple is laying off 614 employees in California after abandoning its electric car project. According to the WARN notice posted by the California Employment Development Department, Apple notified the a
Tesla is dropping prices of unsold Model Y SUVs in the U.S. by thousands of dollars in an attempt to clear out an unprecedented backlog of inventory. Many long-range and performance Model Ys are now s
Ford is unusual in that it performs best when thinking like a startup, something it appears to have taken to heart recently, EV delays notwithstanding.
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