Genesis, Hyundai’s luxury brand, may be close to sealing a deal with Lucid. The South Korean brand is about to conclude the purchase of electric motors from the American company according to Sisa Journal. The […]
Elon Musk’s artificial intelligence company xAI said it has closed a $6 billion Series B funding round. The company’s funding round—launched less than a year ago—included Valor Equity Partners, Vy Capital, Andreessen Horowitz, Sequoia Capital, […]
Tesla has officially begun construction of the new Megafactory in Shanghai, China. The Megapack factory along with the electric vehicle factory will help accelerate the world’s transition to sustainable energy. The company announced the update […]
Tesla is reportedly seeking to diversify its supply chain in Asia by asking its suppliers to relocate production of critical components outside of China and Taiwan by next year. This request is driven by escalating […]
Tesla has announced plans to deliver 50 additional Semis to PepsiCo. News of the additional deliveries was shared by Semi program manager Dan Priestly while speaking at the ACT Expo in Las Vegas on Monday. […]
New Leaf Energy has introduced a plan to build a 40,000 square foot battery energy storage system (BESS) featuring 24 Tesla Megapack 2XL units in Mount Sinai, New York. The proposed project still needs to […]
Tesla’s six-month battle against Sweden’s IF Metall union continues this week, with the latest development coming from an appeals court, which has upheld a previous decision dismissing the automaker’s lawsuit against the Swedish Transport Agency. […]
Tesla has received approval to expand Giga Berlin during a city council vote. This means the company will be able to begin expansion under a revised plan put forward in response to local concerns. The […]
Tesla and Rivian will both be conducting another round of layoffs impacting employees in California as both automakers continue to trim their workforces. According to the government filings, Tesla plans to let go more than 600 […]
The ongoing labour dispute between Tesla and Swedish union IF Metall has taken another turn this week as Sweden’s largest union, Unionen, has joined in on the job action against the automaker. This is the […]
