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Tesla proposes 3-for-1 stock split, Larry Ellison to step down from Board of Directors
Tesla has officially filed its proxy statement for the upcoming Annual Meeting of Stockholders, revealing stockholders will vote on a 3-for-1 stock split on August 4, 2022. To do so the company is proposing a […]

Chinese police prevent Tesla vehicles from entering Sichaun
In a bit of a shocking video, Chinese police prevented Tesla vehicles from driving on specific roads in Sichaun province this week. The blocks happened on June 8, the same day General Secretary of the […]

Volkswagen looking to expand with more EV and battery production facilities in the US
Volkswagen of America CEO Scott Keogh revealed this week the company is “actively” looking to build additional electric vehicle (EV) assembly and battery plants in the United States. “We are actively in the process of […]

Hyundai piloting autonomous car riding service in South Korea
Hyundai has announced that the company would pilot an autonomous car riding service in Gangnam in Seoul, South Korea. Hyundai called the ride-hailing service RoboRide and will use two Ioniq 5 vehicles. The two Ioniq […]

Ferrari set to add EV production line in Maranello
Ferrari is reportedly set to kick off its electrification strategy by adding an EV production line in Italy. According to sources familiar with the plans that spoke with Automotive News, the Italian supercar maker has […]

Tesla China scraps three June online hiring events
Tesla China has cancelled three upcoming recruitment events in China. The three hiring events were scheduled for June 16, 23 and 30. Tesla was looking to fill specific roles in sales, research and development and […]