Tesla exec Drew Baglino reportedly out as company lays off 10%
Tesla is laying off thousands of employees as it tries to simultaneously cut costs and boost productivity, according to an internal email sent to staff by CEO Elon Musk, Electrek…
Tesla is laying off thousands of employees as it tries to simultaneously cut costs and boost productivity, according to an internal email sent to staff by CEO Elon Musk, Electrek…
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…
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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…
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…
Faraday Future has avoided getting evicted from its Los Angeles headquarters — for the time being. The troubled EV startup reached an agreement April 2 with its landlord, Rexford Industrial,…
OpenAI captivated the tech world a few months back with a generative AI model, Sora, that turns scene descriptions into original videos — no cameras or film crews required. But…
The National Highway Traffic Safety Administration has opened a third investigation into EV startup Fisker’s Ocean SUV, this time centered on problems getting the doors to open. NHTSA’s Office of…
Fisker’s finances are back in the news after the company warned back in February that it didn’t have enough cash to make it through its next year. The company said…
Lucid Motors is at risk of losing the trademark for the name of its Gravity SUV, just months before the company is supposed to start production. Google Ventures-backed EV charging…
Troubled EV startup Faraday Future has issued its first recall, covering all 11 vehicles it built last year, as it fights to hold onto its Los Angeles headquarters. The recall…
A German subsidiary involved in Sam Altman’s controvercial crypto blockchain digital identity business, Worldcoin, was reported Friday to have filed a legal challenge against a suspension order from Spain’s data…
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The Securities and Exchange Commission has charged bankrupt Lordstown Motors with misleading investors about the sales prospects of its Endurance electric pickup truck. Lordstown has agreed to pay $25.5 million…
Electric vehicle startup Fisker is planning to lay off 15% of its workforce and says it likely does not have enough cash on hand to survive the next 12 months.…
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Rivian…
Lucid Motors plans to build just 9,000 electric vehicles in 2024, only 500 to 1,000 more than it made in 2023, as it struggles with demand for its luxury sedans.…
The National Highway Traffic Safety Administration (NHTSA) has opened an investigation into a Lucid Motors windshield defroster recall from January, saying it’s “concerned” the company’s over-the-air update solution doesn’t go…
Remember when Tesla signed that deal with Hilton to install 20,000 EV chargers at the company’s hotels in the United States? No? Okay, well, it happened. And now, the company…
Electric motorcycle company Cake held talks with Harley-Davidson and other automakers in 2023 as it fought to stay alive, founder and CEO Stefan Ytterborn told TechCrunch in an interview Tuesday.…
Commercial EV startup Arrival’s business continues to unravel. Arrival announced Monday in a regulatory filing that its UK division is entering administration, the country’s version of bankruptcy. The troubled company,…
Rivian will reveal its next-generation vehicle — a smaller, cheaper electric SUV known as R2 — on March 7, the company announced Monday morning. There’s little other detail about the…
The ousted founder of bankrupt EV startup Lordstown Motors has launched a new company called LandX Motors, that prominently displays the same electric pickup truck he once promised would beat…
General Motors is recalling around 66 electric delivery vans made by its BrightDrop subsidiary after the front drive units in at least two of them caught fire late last year.…
Federal safety regulators have opened an investigation into Fisker’s first electric vehicle over braking problems. The National Highway Traffic Safety Administration’s (NHTSA) Office of Defects Investigation (ODI) issued a notice…
Hertz is selling off a third of its electric vehicle fleet, which is predominantly made up of Teslas, and will buy gas cars with some of the money it makes…
Kia is following up a strong year for its passenger EVs by sharing what it wants to do for businesses looking to go electric. The Korean automaker just unveiled at…
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The U.S. government has revealed the list of electric vehicles that qualify for the full federal tax credit under the newer, more stringent guidelines, and you can count them on…
Tesla shipped a record number of electric vehicles in the fourth quarter to help it edge out its targets for the year. The company delivered 1.81 million EVs in 2023…
Chinese smartphone giant Xiaomi has revealed its first electric car, a sharp-looking sedan called the SU7. Slated to roll out in China next year, it’s another entry into an increasingly…