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,…
Lucid Motors, the luxury electric vehicle (EV) company, is cutting about 400 jobs as the EV industry faces slow growth. According to a recent SEC filing, this layoff round will affect 6% of Lucid’s staff by the end of October,…
PepsiCo Adds 50 Tesla Semi Trucks to Fresno Fleet PepsiCo is boosting its electric vehicle lineup with 50 new Tesla Semi trucks, set to operate from its Fresno, California, facility in the coming months. Key Points “Our fleet electrification is…
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…
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…
A recent ruling has propelled Tesla into the legal spotlight as a federal judge determined that the company must face a lawsuit alleging fraudulent claims about its self-driving capabilities. The case, brought by California resident Thomas LoSavio, centers on statements…
The sight of Tesla’s Cybertruck prototype on roads and parks has certainly caused quite a buzz in recent months. With enthusiasts capturing its every angle and critics questioning its finish, the discourse surrounding the anticipated electric vehicle (EV) is vibrant…
California is home to countless innovations, but this year, the Tesla Model Y has been named the cream of the crop. The California Manufacturers and Technology Association (CMTA) hailed this electric beauty as the “Coolest Thing Made in California”. And…
In a groundbreaking move, Tesla has commenced construction on its most innovative Supercharger to date. Envision a fusion of past and future: a 1950s-themed diner next to a cutting-edge electric vehicle charging station. Now, add a dash of Hollywood glitz…
The Equal Employment Opportunity Commission (EEOC) has lodged a lawsuit against Elon Musk’s Tesla, alleging an extensive pattern of racial abuse at its Fremont, California facility. According to the suit, Black employees at the plant encountered consistent racial harassment, including…
In a startling incident in Mono City, California, a Tesla Model 3 reportedly failed to decelerate upon encountering water, leading to a crash. The vehicle’s owner, identified only as Ryan, shared his experience with the YouTube channel Wham Baam Teslacam,…
Last Wednesday, a Tesla vehicle collided with a Fremont Fire Engine on Interstate-680 in Fremont, marking the latest in a series of recent Tesla-related accidents, according to the California Highway Patrol (CHP). The Tesla reportedly crashed into the fire truck…
In a remarkable turn of events, the US has claimed the second spot in the global electric vehicle (EV) market, trailing only behind China. Counterpoint reports that the first quarter of 2023 saw American EV sales leap a staggering 79…
A new sighting of Tesla’s much-anticipated Cybertruck prototype in California is causing a stir. Notably, the electric truck was seen donning camouflage, marking a first for the automaker. It left people wondering as to what Tesla is up to with…
In the heart of California, the Tesla Model 3 may be more affordable than the average sedan. An entry-level Tesla Model 3, tagged at $40,240, may now be acquired by Californians for a steal, thanks to a stack of state…
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