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Fisker's New Wave of Funding: What's Next?
Fisker

Fisker Inc. Shuts Manhattan Beach Headquarters Amid Financial Struggles

A Desperate Bid to Survive Electric vehicle (EV) manufacturer Fisker Inc. is closing its Manhattan Beach headquarters and relocating employees to La Palma, Orange County, as part of an effort to stave off bankruptcy. This move is coupled with a $3.5 million short-term loan to keep the company afloat while it seeks potential acquisition or…

Tesla Adjusts Model 3, Y Pricing After Missing Delivery Targets - Musk Accelerates Timeline for Self-Driving Teslas
California

Tesla Slashes 600 Jobs in California Amid Broader Layoffs

Major Job Cuts Hit Tesla in California Tesla has announced significant layoffs in California, cutting over 600 jobs across its manufacturing and engineering sectors. These job cuts are part of a broader reduction strategy the company has been implementing this year, reports Forbes. Overview of the Layoffs Tesla plans to eliminate 601 positions at its…

Model 3

Tesla Showcases Model 3 Performance and Cybertruck at Macau Expo

Tesla has recently set up an impressive display featuring the upgraded Model 3 Performance and the much-anticipated Cybertruck at a mobility expo in Macau. This exhibition took place at the Car, Sky, and Vehicle Expo held at the Venetian Cotai Expo Hall A, drawing considerable attention. The Vehicles on Display The Tesla display reportedly included…

Tesla Unveils Cybertruck at $61,000, Elon Musk Hands Over First Units in Austin
Cybertruck

Tesla’s Cybertruck Recall: Accelerator Pedal Defect Poses Crash Risk

Tesla has agreed to recall nearly 4,000 of its recently launched Cybertruck pickups due to a defect in the accelerator pedal that could cause unintended acceleration, increasing the risk of accidents, according to the National Highway Traffic Safety Administration (NHTSA). Recall Details The recall affects all 3,878 Cybertrucks on U.S. roads produced between November 13,…

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