Timilehin Adejumobi
SpaceX approved the $1 billion loan, which was backed by some of Musk's SpaceX stock, in October...
EV Maker
Revenue in the first six months increased 72.72%, compared to the first half of 2022, according to...
Tesla said in June it was hiring fewer temporary workers than it did in the beginning because...
The stock opened at $22, more than double the $10 per share agreed with VinFast's SPAC partner...
The company, and its EV peers have been struggling as access to capital tightens from rising interest...
Lucid will sell imported cars in China while also considering local production in the country, according to...
The additional funds are critical and come as the automaker, like its peers, struggles with mounting losses...
The transaction is expected to close in the second half of 2023, it said, adding existing shareholders...
Its parent Vingroup (VIC.HM), Vietnam's biggest conglomerate, will provide a grant of $500 million plus a $1 billion...
VinFast, which started operations in 2019, is gearing up to expand in the United States, where it...
Tesla shareholder Richard Tornetta hopes to prove that Musk used his dominance over the electric vehicle maker's...
Tesla stock had its worst week since March 2020 during a ‘very intense 7 days’ for Elon Musk
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News OTG Editorials
Over the weekend, Tesla reported electric vehicle production and delivery numbers that did not meet analysts’ expectations.
Elon Musk says Tesla will hike the price of FSD driver assistance software by 25% in September
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Tesla charges customers $12,000 upfront for FSD, or $199 per month on a subscription basis.
Reviewers have said the Mach-E has some features in its favor, apart from its lower price, such...
World’s largest EV maker, Tesla delivered 254,695 electric vehicles in the second quarter of 2022
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In the first quarter of 2022, Tesla delivered 310,048 vehicles. Today’s delivery numbers represented sales growth of...
The electric carmaker increased its Model Y long-range price to $65,990 from $62,990, its website showed on...
The battery-making arm of LG Corp. plans to add 9 gigawatt-hours (GWh) worth of production capacity for...
The deal marks Samsung Electro-mechanical’s single largest contract ever, comfortably placing it as the largest supplier of...
Ford CEO expects consolidation among automakers and suppliers as EV transition fuels costs
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Farley said the amounts of capital needed to invest in the technologies will force smaller companies to...
In two emails obtained by Electrek, Musk said that people must show up for at least 40...
Mwangi, a former Tesla Inc executive, served as Executive Vice President from May 2020 at Rivian.
Musk's net worth has dropped by over $69 billion since the beginning of the year.
In April, Tesla sold 1,512 China-made electric vehicles in the country, a drop of more than 95...
Ford now owns 93.9 million shares in the California-based company, down from 102 million shares in the...
