Tesla board members have received court approval for a $919 million settlement addressing claims of excessive compensation. The agreement was first reached in July 2023, at a time when the value amounted to $735 million, […]
Lucid has joined the ‘Made in Saudi’ program. Announced by the Saudi Ministry of Industry and Mineral Resources, Lucid’s inclusion in the program makes it the first automaker to receive the ‘Saudi Made’ certification. This […]
Tesla CEO Elon Musk has formally appealed to Delaware’s Supreme Court in an effort to reinstate his $56 billion compensation package. The appeal, filed on Wednesday, reignited the legal battle after Delaware Chancellor Kathaleen McCormick […]
Rivian has filed a new patent application aimed at addressing a common but critical winter driving hazard – iced-over headlights. The patent, published by the United States Patent and Trademark Office (USPTO) in late December […]
Tesla was the most searched car brand in Canada for 2024, according to a new study that looked at automotive search trends across the globe. The Texas-based automaker wasn’t only the most searched car brand […]
Tesla continues to lead the charge in the United Kingdom (UK), with the Model Y emerging as the best-selling car in December, and the best-selling EV of 2024. According to the Society of Motor Manufacturers […]
United Airlines is gearing up to offer passengers faster, more reliable inflight internet by bringing SpaceX’s Starlink to its fleet. The airline, which originally announced their partnership with SpaceX in September last year, says it […]
Rivian closed out 2024 on a high note, exceeding production and delivery expectations. The company reported 14,183 vehicle deliveries in the fourth quarter, surpassing the Wall Street estimate of 13,472. Rivian also produced 12,727 vehicles […]
Tesla has once again shattered records in 2024, deploying an unprecedented 31.4 gigawatt-hours (GWh) of energy storage, highlighting Tesla’s dominance in the energy storage sector and the accelerating demand for large-scale battery solutions. The 2024 […]
Tesla capped off 2024 with record-breaking deliveries and energy storage deployments in the fourth quarter, but the automaker couldn’t stave off its first, albeit small, annual sales decline in over a decade. In the final […]
