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Rivian Q1 2022 earnings report misses estimates on 1,227 deliveries
Rivian has published their Q1 2022 earnings report after markets closed on Wednesday, missing Wall Street estimates and posting a net loss of $1.6 billion. According to the report, Rivian recorded $95 million in revenue […]
US Judge says Elon Musk’s tweets in 2018 were reckless
US Judge Edward Chen determined that Elon Musk’s 2018 tweets about funding secured were inaccurate and reckless. As per reporting by Reuters, this statement comes from a pre-trial decision from the bench. Evidently, this is […]
Waymo opens up for limited services in downtown Phoenix
Waymo has officially opened up its downtown Phoenix service to a small group of test riders. Any Phoenix resident can become a Waymo One Trusted Tester. The company offers rides around downtown Phoenix between Camelback […]
Tesla pushes Panasonic to speed up 4680 battery cell development
Panasonic has been feeling the pressure to ramp up development of Tesla’s next generation 4680 battery cells. The company’s chief financial officer Hirokazu Umeda revealed on Wednesday that while Tesla is seeking faster development of […]
VW expected to launch Scout, an EV off-roading brand
Volkswagen is about to launch an EV off-roading brand in the United States called Scout. Scout will produce an all-electric pickup truck, and a rugged off-road SUV meant for the US market. According to Tech […]
Windsor loses out on $2 billion LG Chem plant due to lack of electricity
The Windsor Essex region in Ontario has lost the opportunity for a $2 billion LG Chem plant, but the reason behind the decision is a bit of a headscratcher. As per the head of Invest […]
