Tesla Recalls 35 Semi-Trucks Over Parking Brake Issue – Tesla (NASDAQ:TSLA), PepsiCo (NASDAQ:PEP)
EV giant Tesla Inc TSLA is recalling thirty-five 2023 semi-trucks, citing trouble with the parking brake. What Happened: The parking brake might not engage as expected when the driver releases…
Virgin Orbit Raises Nearly $11M To Cover Layoff Costs – Virgin Orbit Holdings (NASDAQ:VORB)
British entrepreneur Richard Branson‘s Virgin Orbit Holdings Inc VORB raised $10.9 million from Virgin Investments Limited via the issue of a senior secured convertible note to pay severance for laid-off…
Ford Slams Brakes On Self-Driving Dreams — For Now – Ford Motor (NYSE:F), Volkswagen (OTC:VWAGY)
Ford Motor Co F withdrew its petition to the National Highway Traffic Safety Administration requesting exemptions to deploy a self-driving vehicle. What Happened: Ford wrote to the National Highway Traffic…
Tesla Cybertruck May Come With Color Options After All – Tesla (NASDAQ:TSLA)
Elon Musk‘s Tesla Inc TSLA is looking to hire a production supervisor for Cybertruck‘s paint shop in Texas. What Happened: As per job postings on Tesla’s career page, the EV maker is…
Toyota’s February Sales Up 10.3% YoY – Toyota Motor (NYSE:TM)
Toyota Motor Corp TM reported higher global sales and production figures for February 2023 compared to the same period a year ago, owing to easing semiconductor supply. What Happened: The…
Palantir-Backed Faraday Future Starts Production Of Flagship EV – Faraday Future (NASDAQ:FFIE), Palantir Technologies (NYSE:PLTR)
California-based EV firm Faraday Future Intelligent Electric Inc FFIE announced the start of production of its flagship model, the FF91 Futurist Alliance. What Happened: Faraday Future announced the start of…
Tesla’s China Rival Confident Of Doubling Sales To 250K – NIO (NYSE:NIO)
Chinese EV maker Nio Inc NIO is reportedly very confident of meeting its sales target this year. What Happened: Nio CFO Steven Feng said the company is very confident of…
Virgin Orbit To Recall Furloughed Workers To Upgrade Rockets – Virgin Orbit Holdings (NASDAQ:VORB)
Richard Branson‘s Virgin Orbit VORB is reportedly planning to return a small group of employees on Thursday. What Happened: Virgin Orbit plans to bring back a small group of employees…
China’s Geely Snaps Profit-Decline Streak, Raises Sales View – Geely Automobile Hldgs (OTC:GELYF), Geely Automobile Hldgs (OTC:GELYY)
Geely Automobile Holdings Ltd GELYY GELYF on Tuesday reported yearly earnings, snapping four consecutive years of profit decline, owing to better sales. What Happened: Geely Auto posted yearly revenue of…
Elon Musk: SpaceX To Deliver 80% Of Earth’s Payload To Orbit
SpaceX CEO Elon Musk said that the space exploration company will deliver 80% of Earth’s payload to orbit this year. What Happened: “Provided there is no serious launch anomaly, SpaceX…
Tesla Launches 1st Remote Test Drive Hub Outside US – Tesla (NASDAQ:TSLA)
Tesla Inc TSLA has commenced its first remote test drive hub in Europe, in Sweden. What Happened: “Our first remote test drive hub in Europe is now open in Örebro,…
Warren Buffett-Backed BYD Debuts In Uzbekistan – Tesla (NASDAQ:TSLA), BYD (OTC:BYDDF), BYD (OTC:BYDDY)
Warren Buffett-backed BYD Co Ltd BYDDF BYDDY made its brand debut in Uzbekistan last week. What Happened: The Chinese electric vehicle maker made its brand debut in Uzbekistan on Thursday…
Richard Branson’s Virgin Orbit Reportedly Plans For Insolvency – Virgin Orbit Holdings (NASDAQ:VORB), Virgin Galactic Hldgs (NYSE:SPCE)
Billionaire Richard Branson‘s commercial space satellite venture Virgin Orbit Holdings Inc. VORB is reportedly working with two restructuring firms on fallback plans for its insolvency days in the event that…
Nio’s 3rd-Gen Battery Swap Stations To Go Live In Late March – NIO (NYSE:NIO)
Nio Inc‘s NIO first 10 third-generation battery swap stations will reportedly go live at the end of this month, earlier than scheduled. What Happened: Nio’s first 10 third-generation battery swap stations will…
Tesla Bringing Back Park Assist To EVs Without Ultrasonic Sensors – Tesla (NASDAQ:TSLA)
Tesla Inc‘s TSLA new update will reportedly include park assist for cars not equipped with ultrasonic sensors. What Happened: Tesla’s 2022.45.11 seems to include park assist for cars without ultrasonic sensors,…
YouTuber Drives Tesla On 10-Foot Wheels And Even Upside Down – Tesla (NASDAQ:TSLA)
YouTube channel WhistlinDiesel has shared a video of a Tesla Inc. TSLA car perched atop 10-foot high wheels — but that’s not all. What Happened: The YouTube channel specializes in…
Elon Musk Sets Starship’s Launch Attempt for April
SpaceX CEO Elon Musk on Thursday said that Starship‘s first launch attempt will be at the end of the third week of April. What Happened: SpaceX will be ready to…
Tesla Seeks To Double Giga Berlin Yearly Output To 1M EVs – Tesla (NASDAQ:TSLA)
Elon Musk-led Tesla Inc TSLA has reportedly submitted applications to expand production at Gigafactory Berlin-Brandenburg to one million vehicles per year. What Happened: Tesla has submitted an application for expanding…
Starlink Now Lets You Stay Connected Anywhere In The World
Elon Musk-owned SpaceX‘s Starlink is now offering a global roaming option that enables users to stay connected even at remote places where internet access is erratic or non-existent. What Happened: Musk provided…
Tesla Slammed With 2 Class Action Suits Over Repair Practices – Lucid Gr (NASDAQ:LCID), Tesla (NASDAQ:TSLA), Rivian Automotive (NASDAQ:RIVN)
Elon Musk-led Tesla Inc TSLA has been slapped with two class action lawsuits. What Happened: Two lawsuits were filed against the EV maker in the federal court in San Francisco…
Tesla Supercharger V4 Station Photos Leaked – Tesla (NASDAQ:TSLA)
Elon Musk‘s Tesla Inc TSLA has reportedly put together the Supercharger V4 station in the Netherlands, scheduled to be deployed later this month. What Happened: Tesla has unveiled the 16…
Elon Musk Has An Update On Tesla’s FSD V11 Release – Tesla (NASDAQ:TSLA)
Tesla Inc.’s TSLA new Full Self-Driving Beta version 11 software update will be released widely this weekend. What Happened: “V11 starts going wide this weekend,” Tesla CEO Elon Musk said…
Volkswagen Unveils $193B Investment Over 5 Years As It Plays Catch-Up With EV Leader Tesla – Tesla (NASDAQ:TSLA), Volkswagen (OTC:VWAGY)
German automaker Volkswagen AG VWAGY is planning to invest 180 billion euros — about $193 billion — between 2023 and 2027. What Happened: Volkwagen said in a statement on Tuesday…
Elon Musk Says Reports Of Tesla-BYD Ending Cooperation ‘False’ – Tesla (NASDAQ:TSLA), BYD (OTC:BYDDF), BYD (OTC:BYDDY)
Tesla Inc. TSLA CEO Elon Musk and Chinese electric vehicle maker BYD Co Ltd BYDDF BYDDY have both reportedly denied a media report indicating that their collaboration on battery supplies was…
Volkswagen Said To Slash ID.3 Prices To Take On Tesla Model Y – Tesla (NASDAQ:TSLA), Volkswagen (OTC:VLKAF), Ford Motor (NYSE:F), Volkswagen (OTC:VWAGY)
German automaker Volkswagen VWAGY will reportedly slash the price of its ID.3 electric hatchback by €3,000. What Happened: Volkswagen is expected to lower the price of the ID.3 under €40,000…