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Tesla Under Federal Investigation for Potential Securities & Wire Fraud Over Self-Driving Claims
Tesla is under scrutiny by federal prosecutors in the US to determine if the company intentionally misled investors and consumers about the capabilities of its self-driving technology. The investigation is being led by the Department […]

Tesla Robotaxi to Test in China: Report
According to a Chinese media report, Tesla will test Robotaxi in China. With the impressive development of FSD, the company is getting more opportunities to start testing it in various countries around the world. Elon […]

Fisker announces reorganization in Austria amid financial struggles
In what might be a sign of the beginning of the end, the Austrian unit of Fisker has filed for reorganization. The latest move in Fisker’s struggle for survival has impacted its contract manufacturer, Magna Steyr, […]

Rivian reports significant revenue growth amid Q1 losses, reaffirms 2024 production target
Rivian has had a challenging start to 2024, as revealed in its first quarter financial disclosure, with the automaker reporting revenue growth against a backdrop of substantial losses. According to Rivian’s Q1 2024 earnings report, […]

Apple and Rivian Reportedly in Talks Over Potential Partnership
Apple and Rivian are reportedly in discussions over a potential partnership. The details of the potential partnership have not been revealed, but could range from software to even the revival of the now-cancelled Apple Car. […]

Tesla expands Semi testing program, partners with Costco, Sysco, and US Foods
Tesla appears to have partnered with three new companies to help test its electric Semi, this time joining forces with wholesale and retail giant Costco, and two of the largest food distributors, Sysco and US […]