Lucid Group cut roughly 18% of its U.S. workforce on Monday, its second mass layoff in four months, and eliminated the chief operating officer position. The move removes Marc Winterhoff, who ran Lucid as interim chief executive for more than…
Tesla restocked used Cybertrucks days after selling out, with starting prices up to $72,900 and Foundation Series trucks still stripped of permanent FSD.
Samsung Electronics will hold an equipment installation ceremony at its Taylor, Texas foundry on April 24, 2026, kicking off the final run-up to mass production of Tesla’s AI5 and AI6 autonomous-driving chips on a 2-nanometer process. Han Jin-man, president of…
Elon Musk unveiled Tesla and SpaceX‘s “Terafab” chip manufacturing project on the night of March 21, 2026, at a theatrical event inside Austin’s defunct Seaholm Power Plant — light beams shooting into the sky, Texas Governor Greg Abbott in the…
Tesla‘s Terafab chip manufacturing project went live today, March 21, 2026, according to Tesla reporter Sawyer Merritt. The project is a direct response to a chip supply problem Elon Musk has stated openly: even combining the best-case output of every…
Washington state’s Senate Transportation Committee has scheduled an executive session on SB 6354 for February 27 — a bill that would open the state’s auto market to direct sales by Rivian, Lucid, and other battery electric vehicle manufacturers that have…
One day after reporting Q4 earnings that beat revenue estimates, Lucid Group filed a WARN notice with California’s Employment Development Department disclosing 319 job eliminations at its Newark headquarters, effective April 21, according to the Mercury News. That’s the third…
Three beats, one brutal miss, and a stock that fell anyway. Lucid Group (NASDAQ: LCID) reported Q4 2025 results today that cleared the bar on revenue, beat FactSet’s production guidance consensus for 2026, and delivered its eighth consecutive quarter of…
Morgan Stanley just did what Tesla hasn’t: put a real number on the 100-gigawatt solar bet we warned readers about four days ago. The answer is somewhere between $30 billion and $70 billion. For context, Tesla’s entire capital expenditure budget…
The same week Tesla posted its second consecutive year of declining vehicle deliveries, the company started hiring engineers to build something it has never successfully built at scale: solar cells. A job posting on Tesla’s website for a solar manufacturing…
Five months ago, Elon Musk called Dojo an “evolutionary dead end” and disbanded the entire team. Now he wants to put it in orbit. The whiplash is real. Over the long weekend, Musk announced on X that Tesla aims to…
For years, the biggest anxiety holding back prospective EV buyers wasn’t range – it was battery degradation. We’ve been covering this concern since EVXL’s founding, watching the narrative shift from “EV batteries die after 5 years” to something far more…
