Electric automaker Rivian is considering laying off around 5 percent of its 14,000 employees, or around 700 people, according to a report from Bloomberg. The report notes that, while nothing has been officially decided or announced yet, the company is mainly looking to remove jobs that were added as it scaled up and that aren’t… Continue reading Rivian reportedly considers laying off 700 employees
Tag: Tesla
Neil deGrasse Tyson Has Some Serious Beef With Elon Musk’s Mars Plans
Let them fight! Well-Red Elon Musk’s Martian dreams may have to contend with a harsh reality put forth by the famously dream-crushing astrophysicist Neil DeGrasse Tyson. After Musk tweeted that “humanity will reach Mars in your lifetime” and waxed prolific on his pipe dream during a Saturday speech, Tyson took to CNN to set the record… Continue reading Neil deGrasse Tyson Has Some Serious Beef With Elon Musk’s Mars Plans
Another accident with Tesla | NHTSA determined
Another fatal accident involving a Tesla has the NHTSA back on the scene. Late last week, the National Highway Traffic Safety Administration (NHTSA) reported that a deadly collision between one Tesla and identify a person. This incident happened in California. Now a new incident has become known, in which the NHTSA is also investigating. In… Continue reading Another accident with Tesla | NHTSA determined
Binance served Iranian crypto traders for years despite US sanctions, say clients
The world’s largest crypto exchange, Binance, continued to process trades by clients in Iran despite US sanctions and a company ban on doing business there, a Reuters investigation has found. In 2018, the United States reimposed sanctions that had been suspended three years earlier as part of Iran’s nuclear deal with major world powers. That November, Binance informed… Continue reading Binance served Iranian crypto traders for years despite US sanctions, say clients
Twitter said to have hired US law firm Wachtell to sue Musk
Twitter Inc has hired US law firm Wachtell, Lipton, Rosen & Katz LLP as it prepares to sue Elon Musk and force him to complete the $44 billion acquisition of the social media company, according to people familiar with the matter. Musk, the chief executive officer of Tesla, on Friday terminated his deal, saying Twitter had failed to… Continue reading Twitter said to have hired US law firm Wachtell to sue Musk
NIO responds to Grizzly short-seller report by retaining forensic accounting firm
Motley Fool Don’t Overlook These EV Stocks Electric vehicles accounted for 8.6% of all passenger vehicles sold in 2021, but Tesla (NASDAQ: TSLA) still dominates the conversation around EVs. As the industry moves closer and closer to mass adoption, there are some companies that have both the products and growth capacity to potentially be much… Continue reading NIO responds to Grizzly short-seller report by retaining forensic accounting firm
Tesla Stock Vs. BYD Stock: China EV Giant Going Into Production Overdrive
TheStreet.com Ford Having Some Really Bad Luck With Its Vehicles Ford Motor Co. would probably like to hide under the hood of its vehicles lately, but that might not be such a good idea with the all bad luck the automaker has faced with its vehicles. Mich., company on July 8 issued a safety recall… Continue reading Tesla Stock Vs. BYD Stock: China EV Giant Going Into Production Overdrive
World’s Largest EV Market Expected to Lose 11% of Market Share by 2025
FN Media Group Presents Microsmallcap.com Market Commentary NEW YORK, July 11, 2022 /PRNewswire/ — After dominating the electric vehicle (EV) market since launching its first model in 2008, Tesla Inc. (NASDAQ: TSLA) will likely lose its position as the world’s largest EV maker by 2025 as competitors launch 135 new EVs to the market. According to Bank… Continue reading World’s Largest EV Market Expected to Lose 11% of Market Share by 2025
Tesla to expand its US Supercharger network to other EVs: Report
Elon Musk-owned Tesla is planning to begin opening its Supercharger network to other electric vehicles by the end of the year, according to a White House memo that shared the electric vehicle company’s plans. The US government said in April that it needs to increase its own network of about 1,100 charging stations a hundred-fold… Continue reading Tesla to expand its US Supercharger network to other EVs: Report
Automotive 3D Printing Market worth $7.9 billion by 2027 – Exclusive Report by MarketsandMarkets™
CHICAGO, July 11, 2022 /PRNewswire/ — According to the new market research report “Automotive 3D Printing Market by Vehicle Type (ICE & Electric Vehicles), Offering (Hardware & Software), Component, Material (Metals, Plastics, Resin & Composites), Technology (SLA, SLS, EBM, FDM, LOM, 3DIP), Application, & Region – Global Forecast to 2027″, published by MarketsandMarkets™, the Automotive 3D… Continue reading Automotive 3D Printing Market worth $7.9 billion by 2027 – Exclusive Report by MarketsandMarkets™