Fisker files bankruptcy equivalent in Austria to gain ‘breathing room’ amid Ocean production halt

It has been a turbulent couple of months since Fisker Inc. posted its Q4 2023 financial report and relayed concerns it could continue business in EVs. Fisker’s Austrian arm has reportedly filed for reorganization and court protection from creditors – the equivalent to Chapter 11 Bankruptcy in the US. Today’s news is merely the latest… Continue reading Fisker files bankruptcy equivalent in Austria to gain ‘breathing room’ amid Ocean production halt

Elon Musk outlines upcoming Tesla Full Self-Driving updates

Elon Musk has given an update with an outline for Tesla’s upcoming Full Self-Driving (FSD) software updates. With FSD v12 and the upcoming launch of Tesla’s dedicated Robotaxi, there’s a lot of excitement around Tesla’s self-driving effort. Musk is again in the too-familiar position of predicting that the automaker is close to releasing a true… Continue reading Elon Musk outlines upcoming Tesla Full Self-Driving updates

Someone tried to smuggle two Tesla Cybertrucks into Russia

The Lithuanian customs have detained two Tesla Cybertrucks, which they suspect were going to be smuggled into Russia. Lithuanian customs announced on their Facebook page that they seized the two Cybertruck electric pickup trucks at the Salčininku checkpoint going into Belarus: EU restrictions on Russia include vehicles, and authorities in Europe have been ramping up… Continue reading Someone tried to smuggle two Tesla Cybertrucks into Russia

Tesla is being probed by DOJ ‘securities or wire fraud’ over self-driving claims

Tesla is reportedly being probed by the Department of Justice over whether its self-driving claims could constitute “securities or wire fraud.” Reuters is reporting based on three sources: U.S. prosecutors are examining whether Tesla committed securities or wire fraud by misleading investors and consumers about its electric vehicles’ self-driving capabilities, three people familiar with the… Continue reading Tesla is being probed by DOJ ‘securities or wire fraud’ over self-driving claims

Tesla announces 4-day shutdown of Gigafactory Berlin due to protests

Tesla announced that it will be shutting down Gigafactory Berlin for four days, but it is unclear if it has to or if it wants to. Last quarter, Tesla had to shut down and reduce production at Gigafactory Berlin for very serious reasons. The former was due to an arson attack from so-called environmentalists, and… Continue reading Tesla announces 4-day shutdown of Gigafactory Berlin due to protests

Tesla Semi is getting into the hands of two more big customers

Tesla Semi is getting into the hands of two more big customers as the program finally appears to be ramping up. There’s no sugarcoating it. The Tesla Semi program has seen some fairly serious delays. It was first unveiled in 2017 and it was supposed to come to production in 2019. Instead, it came to… Continue reading Tesla Semi is getting into the hands of two more big customers

Tesla is finally going to release everything we want to know about Autopilot/FSD as NHTSA forces it

Tesla is finally going to release everything we always wanted to know about Autopilot and Full Self-Driving (FSD), but it’s because NHTSA is forcing the automaker to do it. Last month, NHTSA announced that it was opening a new investigation into Autopilot/FSD after not being satisfied with the recall that came out of its previous… Continue reading Tesla is finally going to release everything we want to know about Autopilot/FSD as NHTSA forces it

Is Tesla’s reputation ruined? It depends on who you ask

Photo: Tesla Conversations around Tesla’s reputation leaned toward the negative throughout 2023, but it depends on who you’re talking to, reports YouGov. What’s the ‘Buzz’ about Tesla’s reputation? The global market research firm conducted polls about what it calls the “Buzz” around Tesla – that is, what people are hearing about the brand – and… Continue reading Is Tesla’s reputation ruined? It depends on who you ask

Tesla releases new Optimus humanoid robot video that creates controversy

Tesla has released a new video of a prototype of Optimus, its humanoid robot, and it created some controversy as some disagree about how impressive it is. Last month, Elon Musk gave an update on the timing for the rollout of Optimus. The CEO says that Optimus is already performing factory tasks inside its lab.… Continue reading Tesla releases new Optimus humanoid robot video that creates controversy

Tesla (TSLA) launches another round of layoffs

Tesla (TSLA) launched another round of layoffs this weekend, with employees in wide-ranging roles getting their pink slip amid broader layoffs over the last 3 weeks. Three weeks ago, Tesla started a significant wave of layoffs. The automaker announced it was laying off about 10% of its workforce. However, we reported prior to the announcement… Continue reading Tesla (TSLA) launches another round of layoffs