Automotive

Tesla Enters 4th Week of Layoffs as Elon Musk Announces New Job Cut Round, Making More and More Employees Hopeless

Tesla Enters 4th Week of Layoffs as Elon Musk Announces New Job Cut Round, Making More and More Employees Hopeless

Elon Musk announces new job cut round, making Tesla enter its 4th week of layoffs. More and more employees are becoming hopeless.


General Motors May Have to Leave China After Reporting $106 Million Loss in Just 3 Months

General Motors might need to leave China as losses mount to $106 million in just three months, the third time in 15 years.

New EV Tax Credit Requirements To Make More Electric Cars Eligible—Here's What US Treasury Dept Announced

The U.S. Treasury Department decided to loosen up the regulations to allow more EVs to be eligible for EV tax credits. Here are the changes made.

Rivian Secures $827 Million Incentive Package to Expand Its Illinois Facility

Rivian received $827 million in Illinois subsidies to support producing its upcoming SUV. A Rivian electric pickup truck sits in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California.


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California Governor Gavin Newsom stated all electric car models may now utilize the state's Tesla charging station network.
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The Biden administration wants all new cars and trucks to have automated emergency braking by 2029. (Photo : Mark Chan on Unsplash) The Biden administration is aiming to include automatic emergency braking technology into all new vehicles and trucks by 2029 as part of their pedestrian-collision avoidance systems.
Ramsey Gouda and Mark Hahs, Founders of KarChing
KarChing founders Ramsey Gouda and Mark Hahs have crafted a solution that transforms driver's education and insurance accessibility for teens and their parents.
India Is Confident More Foreign Players Will Enter the Country's EV Market Due to New EV Policy Measures
The Department of Promotion of Industry and Internal Trade in India is confident that its new EV policy measures will attract and allow more global firms to enter the market.
Tesla's former executive Drew Baglino, who resigned last week, sold shares for $181.5 million, according to an SEC filing.
Honda to Spend $11 Billion to Build New EV Factories in Canada
Honda Motor is planning to invest $11 billion in Ontario, Canada, to build a comprehensive electric vehicle (EV) value chain.
Toyota Teams Up With China's Tencent to Attract Younger Drivers in the Era of AI
Toyota has partnered with Tencent to attract younger drivers in China. Japanese automaker Toyota has announced a partnership with Tencent, a Chinese social media and gaming giant, as it tries to appeal to the tech-savvy younger demographic.
Tesla's Autopilot driving system raises safety concerns after a tragic car crash near Seattle that hit and killed a motorcyclist.
Elon Musk's Tesla Expects to Incur Expenditures of Over $350 Million as Result of Mass Layoffs
Elon Musk's Tesla is poised to incur more than $350 million in expenses in the second quarter due to the mass layoffs that started last week.
Elon Musk's AI Vision Challenged by Meta’s Yann LeCun in Fiery Social Media Debate
A Tesla shareholder who successfully challenged CEO Elon Musk's massive pay package is seeking court intervention again to prevent the company from evading a Delaware court ruling.
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