Polestar has announced a significant reduction in its global workforce, cutting around 450 jobs, accounting for approximately 15% of its total staff. This decision comes amid challenging market conditions that have forced the company to […]
Tesla is showing impressive progress in ramping up production of 4680 battery cells. According to the company, 4680 production is no longer its bottleneck and it even has cells in stock in its warehouses. Tesla […]
Porsche has officially unveiled their second electric vehicle (EV), the 2024 Macan EV. Unveiled in Singapore on Thursday, Porsche plans to introduce the electric SUV to North America in late 2024, featuring two initial all-wheel-drive […]
Lucid has announced a significant expansion of its Advanced Manufacturing Plant (AMP-1) in Casa Grande, Arizona. This expansion marks a crucial step in the company’s growth strategy as it prepares to launch the Lucid Gravity […]
Tesla CEO Elon Musk confirmed during the Q4 2023 earnings call the company plans to launch a new, more affordable electric vehicle (EV) model in the second half of 2025. This announcement came less than […]
Tesla published their Q4 2023 earnings report today, and within it indicated a potential slowdown in its growth rate for 2024. According to the company, they now find themselves in a transitional phase, positioned between […]
Tesla is one of the title sponsors at the first ever Pwn2Own Automotive event, and on the first day a Tesla modem was hacked by a group with a long history of exploiting vulnerabilities in […]
Rivian looks like it will finally unveil the R2 platform in March as the company has filed for permits to hos a “worldwide product launch event” in Laguna Beach, California. Rivian started off with the […]
Tesla had another record year for production and deliveries, exceeding analyst expectations in the final quarter. Tesla is set to publish their financial results for the fourth quarter of 2023 and the full year after […]
Tesla has officially hired Teresa Gutiérrez Smith as the company’s new Country Manager for Mexico. The hiring comes at a pivotal time for Tesla in Mexico, with the construction of a major Gigafactory in Nuevo […]
