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Lucid Q1 2022 report: 360 cars delivered, will raise prices on Air sedan on June 1
Lucid Group has published its Q1 2022 financial results and the luxury electric vehicle (EV) maker has been able to improve on its performance in 2021. Lucid said it was able to generate $57.7 million […]
VW “sold out” of EVs for 2022 as order backlog reaches 300,000 in western Europe alone
Customers hoping to get behind the wheel of an electric vehicle (EV) from the Volkswagen Group are going to have to get in line and wait. According to VW CEO Herbert Diess, the German automaker […]
Tesla planning to buy 247 acres to expand Giga Berlin: Report
Tesla is reportedly looking to purchase up to 247 acres (100 hectares) of land in Brandenburg to expand Giga Berlin. According to a report by the German publication RBB24, the land in question is located […]
Elon Musk may serve as temporary Twitter CEO, secures more than $7 billion from investors
Elon Musk has been successful in his attempts to secure more equity from investors to put towards his purchase of Twitter. According to a regulatory filing published this morning, Musk has been able to round […]
Former Tesla Fremont contractor appeals reduced award in racism lawsuit
A former Tesla contract worker is appealing a judge’s decision to slash his award in a racism lawsuit from $137 million to $15 million. In a court filing on Wednesday, lawyers for Owen Diaz say […]
The Boring Company receives approval to begin engineering work on Austin pedestrian tunnel
Elon Musk’s The Boring Company has received approval to take its first step in what will hopefully result in an underground pedestrian tunnel in Austin, Texas. At a Kyle City Council meeting on May 3rd, […]