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Lucid misses with Q4 and 2022 financial results, reservations continue to drop but production guidance increases
Lucid has published its Q4 2022 and full year financial results and with only slightly exceeding their slashed production guidance the automaker’s revenue was lower than Wall Street expectations. On a positive note Lucid says […]
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Tesla announces new engineering headquarters in Palo Alto, California
Tesla announced today it is setting up a new engineering headquarters in Palo Alto, California. The announcement was made by CEO Elon Musk and California Governor Gavin Newsom on Tuesday, more than one year after […]
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Dutch privacy watchdog determines no fine necessary for Tesla over Sentry Mode recordings
Tesla will not be facing a fine from the Dutch Data Protection Agency (DPA) following an investigation related to its Sentry Mode feature. The decision comes after Tesla made changes to the built-in security feature […]
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Court told Elon Musk’s $55 billion pay package misrepresented by Tesla’s board
It is not often that people get a massive $55 billion payday, and it is proving contentious for Elon Musk. The billionaire CEO was dragged to court over his jumbo compensation by shareholders claiming the Tesla […]
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Tesla Model S and Model X with new, but not additional cameras spotted at Fremont ahead of HW4 debut
Tesla is expected to announce their new self-driving computer known as Hardware 4.0 in the coming days. That upgrade was expected to result in new and additional cameras being added to the cars, but a […]
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Musk’s lawyer asks court to throw out “Twitter Sitter” deal with SEC
Elon Musk is again going to the courts to get rid of his Twitter Sitter. Per court documents obtained by CNBC, Musk is asking the court to throw out his 2018 deal with the U.S. […]