Tesla
Tesla Sues Ex-Supplier for Alleged $1B+ Battery Trade Secret Theft
Tesla has filed a lawsuit against its former supplier Matthews International, accusing the company of stealing battery trade secrets related to EV
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Tesla
Tesla in Self-Drive Mode Slams into Police Car in Orange County
Self-Driving Tesla Crashes into Parked Patrol Vehicle A Tesla Model S in self-driving mode crashed into a parked police car in Orange County, California, on the same day Elon Musk’s substantial pay package was approved at Tesla’s annual shareholders meeting in Austin, Texas. Tesla Model S Incident Details Early Thursday morning, a Fullerton Police Department…
Elon Musk
Tesla Shareholders Reaffirm $45 Billion Pay Award for Elon Musk
Musk’s Lucrative Compensation Plan Gets Green Light Tesla shareholders have reaffirmed a massive $45 billion pay package for CEO Elon Musk, overturning a court decision that blocked the award. The vote, which took place at Tesla’s annual meeting in Austin, Texas, signals strong shareholder confidence in Musk’s leadership despite ongoing controversies and legal battles, reported…
Tesla
McKinsey Study Reveals Growing Dissatisfaction Among EV Buyers
The electric vehicle (EV) industry is reportedly facing a significant challenge as a substantial percentage of EV buyers in the United States are considering returning to combustion engine cars. According to a McKinsey & Co. survey, almost 40% of U.S. EV buyers want to go back to combustion engine cars, citing inadequate charging infrastructure, high…
Texas
Tesla’s Gigafactory Texas Tour: Shareholders Get an Exclusive Peek
Tesla is giving some lucky shareholders an inside look at its Gigafactory Texas. The company recently announced it would offer this unique tour to randomly selected shareholders who participated in a recent vote. Exclusive Invite to Giga Texas Just weeks ago, Tesla revealed that shareholders who voted their shares would have a shot at a…
Volvo
Volvo’s Electric Vehicle Sales Soar in May, Despite Dips in US and China
Volvo Cars reported a 13% increase in global sales for May 2024, reaching 68,034 units. Reuters reports that the growth was primarily driven by a 27% surge in Europe and the strong performance of the fully electric EX30 model. However, sales in the United States and China experienced slight declines of 5% and 1%, respectively.…
Cybertruck
Tesla’s Cybertruck Circuit Board Features Playful Easter Egg for Sandy Munro
In a recent close-up photo of a Tesla Cybertruck’s circuit board, an intriguing Easter egg has been spotted. The board includes the words “Hi Sandy!” printed on it, a clear reference to Sandy Munro, a renowned automotive engineer known for his detailed teardown analyses of vehicles, including Tesla models. The Easter Egg and Its Significance…
EPA
Chinese EV Makers Brace for EU Tariffs Amid Tense Bilateral Relations
The European Commission is set to impose provisional duties on Chinese electric vehicles (EVs) from July 4, according to EU officials. This move comes as a result of an investigation into subsidies in China’s EV industry, which has strained the already tense China-EU relationship, reports SCMP. During a meeting with the EU’s department of trade…
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