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Lucid cutting 400 jobs in latest restructuring effort to save money
Lucid has announced a fresh round of layoffs, with the latest restructuring plan seeing approximately 400 employees laid off, representing about 6% of its total workforce, as the automaker struggles with high costs and low […]

Tesla adds new Lunar Silver paint for Model S/X
Tesla is bringing silver back to their lineup. After launching Quicksilver to the US this month for the Model Y, Tesla has added a new ‘Lunar Silver’ colour for the Model S and Model X. […]

Tesla begins recruiting for Manufacturing and Autopilot & Robotics teams following temporary hiring freeze
Tesla is ramping up recruitment for its Manufacturing and Autopilot & Robotics teams following a series of layoffs that impacted more than 10% of the company’s workforce, and resulted in a temporary hiring freeze. As […]

Volkswagen delays ID.7 launch in North America due to a slow EV market
Volkswagen announced yesterday that it is delaying the launch of the Volkswagen ID.7 in Canada and the United States. In a short statement, the German automaker cited changing market conditions as the reason for the […]

Tesla Vehicle Safety Report: One accident every 7.63 million miles in Q1 2024
Tesla has published their latest Vehicle Safety Report, after more than a year hiatus. The data for the most recent quarter has set a new all-time record for safety with more than 7.5 million miles […]

Tesla Breaks Ground on New Megafactory in Shanghai
Tesla has officially begun construction of the new Megafactory in Shanghai, China. The Megapack factory along with the electric vehicle factory will help accelerate the world’s transition to sustainable energy. The company announced the update […]