Last month Tesla was forced to close down its factories in the US, including the Fremont factory in California, due to the ongoing coronavirus outbreak and stay-home orders issued by local government. Now Tesla is […]
Tuesday got off to a good start for Tesla shareholders, as the price for TSLA shares increased nearly 15% in early hours trading on news the COVID-19 slowdown that is affecting all automakers will be […]
2021 is shaping up to be the battle of the electric pickup trucks, as Rivian has announced the start of the production of its R1T pickup truck and R1S SUV has been pushed back due […]
Heading into week 3 of a COVID-19 shutdown of its factories, Tesla will begin to temporarily furlough employees and reduce salaries until normal operations can resume. In the email, leaked to Protocol, the furloughs will […]
An employee at Giga Nevada (or Gigafactory 1), Tesla’s lithium-ion battery and electric vehicle subassembly factory near Reno, Nevada has reportedly tested positive for COVID-19. According to an internal memo obtained by CNBC, the affected […]
Before the coronavirus COVID-19 broke out across China and now the rest of the world, Chinese electric vehicle (EV) maker NIO was already facing financial difficulties. Now its saying it might not survive because of […]
