Latest News
Carlos Tavares Resigns as Stellantis CEO
After a nearly four-year tenure, Carlos Tavares has resigned as CEO of Stellantis. Stellantis, formed in 2021 from the merger of Fiat Chrysler Automobiles and PSA Group, has struggled to find its footing in the […]
Tesla’s November sales in China hit nearly 79,000
Tesla needs to achieve record-breaking sales in the final quarter to set a new delivery record in 2024, and it looks like the company’s performance in China will play a pivotal role to help it […]
GM offloads $1 billion stake in battery JV to partner LG
General Motors has announced plans to sell its stake in its $2.6 billion battery cell plant jointly owned with LG Energy Solution. The transaction is reportedly worth $1 billion, equivalent to the automaker’s investment in […]
Tesla Cybertruck production faces temporary 3-day pause: Report
Tesla has reportedly told workers on the Cybertruck production line at Giga Texas not to report to work for three days this week, from December 3 to December 5. According to a company memo viewed […]
SpaceX considering another tender offer at $350 BN valuation: Report
SpaceX is in talks to sell insider shares in a transaction that will value the space company at $350 billion. The tender, or what others in the business call a secondary offering, will allow SpaceX […]
Jaguar Unveils Type 00 Concept at Miami Art Week
Jaguar has officially unveiled its new electric concept, the Type 00, during Miami Art Week 2024. As part of the brand’s pivot toward an all-electric future, the Type 00 is meant to encapsulate Jaguar’s reimagined […]
