Outage locks Tesla drivers out of their cars

“Technology makes things convenient, but relies on a server working 100% of the time. It’s the same as leaving the house without my credit cards, expecting to pay for things with my smartphone. If we are reliant on one mechanism all the time, we can be caught out.” Go to Source

Rivian shares soar on first day trading

“Rivian exists to create products and services that help our planet transition to carbon neutral energy and transportation,” said RJ Scaringe, the company’s founder and chief executive, in the firm’s submission to the Securities and Exchange Commission (SEC), ahead of the share flotation. Go to Source

Major carmakers fail to back zero emissions pledge

Toyota, which put its first commercially produced electric cars on the road in 1997, said it will “provide the most suitable vehicles, including zero emission products, in response to the diverse economic environments, clean energy and charging infrastructure readiness, industrial policies, and customer needs in each country and region”. Go to Source

Elon Musk says Tesla has not signed Hertz deal

You’re welcome! If any of this is based on Hertz, I’d like to emphasize that no contract has been signed yet. Tesla has far more demand than production, therefore we will only sell cars to Hertz for the same margin as to consumers. Hertz deal has zero effect on our economics. — Elon Musk (@elonmusk)… Continue reading Elon Musk says Tesla has not signed Hertz deal