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Tesla ordered to tell laid off workers about lawsuit

A U.S. District Court has ordered that Tesla must tell employees about a lawsuit alleging the automaker violated state and federal law by requiring workers to sign separation agreements. Two former Te

Faraday Future seeks to raise capital after massive Q2 loss

Faraday Future, maker of the long-delayed FF91 EV, re-upped its commitment to raising funds while reporting Tuesday that its second-quarter operating losses more than quadrupled. The company posted an

Fintech infrastructure startup Prime Trust raises $100M to add IRAs, crypto staking

There’s been a massive proliferation of fintech services in the past few years, during which fintech companies competed to develop new products more quickly than their competitors. Nowadays, the

Tesla sued by former workers for allegedly violating federal law during ‘mass layoffs’

Two former Tesla employees filed a lawsuit against the EV maker Sunday alleging that the company did not provide the 60 days of advance notice required by federal law during a recent round of layoffs.

The US just announced that cars will have to be a lot more fuel efficient by 2026

The U.S. Department of Transportation (DOT) announced a dramatic change to domestic fuel economy standards, a crucial step toward putting more electric vehicles on the road while reducing dependence o

Cannabis beverage startup Cann raises $27M as it expands to Canada

Cann, a THC beverage company marketing itself as a fun alternative to alcohol, is bulking up on funding as it brings the product into Canada — its first international market expansion. The start

Google asks a judge to dismiss Texas antitrust lawsuit about its ad business

Google filed a motion Friday asking a federal court to dismiss most of the counts in an antitrust lawsuit led by the state of Texas. In the filing, the company argued that the Texas lawsuit isn’

Instacart shopper activists are going on strike

On Saturday, some Instacart shoppers will go on strike, protesting the company’s low pay and lack of communication with its laborers. The action is led by the Gig Workers Collective, formed in e

After another canceled year in the desert, Burning Man plans for a virtual event

Last month, the organization behind Burning Man announced that the festival/experience would not be returning to the desert of Nevada this year due to the COVID-19 pandemic and would instead be attemp

Advanced tax strategies for startup founders

Here are some advanced equity planning strategies that you can implement at different stages of your company life cycle to reduce tax and optimize wealth for you and your family.

Elon Musk moved to Texas

SpaceX and Tesla CEO Elon Musk said Tuesday that he has moved to Texas, confirming months of speculation that the billionaire would leave California, a state of which he has become increasingly critic

Facebook takes down ‘Stop the Steal 2020’ group organizing around false claims of election chicanery

Facebook has taken down a group that had amassed more than 300,000 members and was sharing misinformation and organizing around false allegations of impropriety during the 2020 elections. The group, c

Election Day was largely free from disruptive cyberattacks, as efforts shift to combating misinformation

Polls closed in the U.S. presidential election on Tuesday without any significant or disruptive cyberattacks, according to cybersecurity officials and experts. Election Day wasn’t without its pr

Gwyneth Paltrow, Rebel Wilson, Darren Criss and Baron Davis are backing an LA-based weed soda company

Celebrity investors — including Gwyneth Paltrow, Rebel Wilson, Ruby Rose, Darren Criss, Baron Davis, Tove Lo and Casey Neistat — have come together to back the Los Angeles-based THC-infuse

Decrypted: Tesla’s ransomware near miss, Palantir’s S-1 risk factors

Another busy week in cybersecurity. In case you missed it: A widely used messaging app used by over a million protesters has several major security flaws; a little-known loophole has let the DMV sell

Digitizing Burning Man

For decades, Burning Man has represented an escape from the current reality. An event for free-er spirits to rethink new age ideals inside a stateless entity where art, music and partying reign suprem

Tesla shares surpass $1,000 on Semi truck production memo

Tesla CEO Elon Musk said in a memo it’s time to “go all out” and start volume production of the Tesla Semi, the all-electric Class 8 truck revealed nearly three years ago. CNBC first

Tesla said to be readying new long-lasting, low-cost batteries to put EVs at price parity with gas cars

Tesla CEO Elon Musk has been touting forthcoming battery technology improvements, going so far as to dub a forthcoming company talk “battery day” in prior public comments. Now Reuters is r

Tesla sues Alameda County to force California factory reopening

Tesla filed a lawsuit Saturday against Alameda County in an effort to invalidate orders that have prevented the automaker from reopening its factory in Fremont, California. The lawsuit, which seeks in

Elon Musk threatens to pull Tesla operations out of California and into Texas or Nevada

Tesla CEO Elon Musk said Saturday the company will file a lawsuit against Alameda County and threatened to move its headquarters and future programs to Texas or Nevada immediately, escalating a fight
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