Judge in Twitter v. Elon Musk postpones trial to October 28th

The Twitter v. Elon Musk trial is now on hold as the two sides work to hammer out a deal for Musk to complete his buyout of the social media company. On Thursday, Judge Kathaleen St. Jude McCormick, Chancellor of Delaware’s Chancery Court, stayed the trial until October 28th, following a motion from Musk’s lawyers… Continue reading Judge in Twitter v. Elon Musk postpones trial to October 28th

Elon Musk’s lawyers ask judge to call off Twitter trial

Lawyers for Elon Musk have officially asked to cancel the upcoming trial with Twitter, as the two sides attempt to negotiate a deal. In a new court filing, Musk’s lawyers asked the judge to call off the trial, which is currently scheduled to begin October 17th. Earlier this week, Musk’s camp had proposed proceeding with… Continue reading Elon Musk’s lawyers ask judge to call off Twitter trial

Tesla Semi production begins with Pepsi getting the first deliveries

Tesla CEO Elon Musk tweeted Thursday that production on its long-delayed all-electric semi truck has started with the first deliveries beginning in December. The automaker introduced an all-electric Class 8 truck prototype, dubbed Tesla Semi, during a splashy November 2017 event held in Hawthorne, California, on the grounds of the company’s design studio and Musk’s… Continue reading Tesla Semi production begins with Pepsi getting the first deliveries

Tesla’s first Semi trucks will be delivered to Pepsi in December

/ Tesla first revealed the truck five years ago, and now it’s finally being delivered. Pepsi publicly preordered 100 of the trucks in 2017. The Semi Truck is finally entering production.Image: Tesla Tesla has started production on its long-awaited Semi truck, and plans to start delivering it to Pepsi by December 1st, according to a… Continue reading Tesla’s first Semi trucks will be delivered to Pepsi in December

Toyota will resume bZ4X EV sales following safety recall concerning its wheels falling off

Global automaker and hybrid zealot Toyota announced it will resume sales of its first mass-produced battery EV – the bZ4X, following a safety recall concerning risk that its wheels could fall off. Months later, the Japanese automaker appears to have found a fix to the manufacturing defect (as well as a previously undiscovered safety issue)… Continue reading Toyota will resume bZ4X EV sales following safety recall concerning its wheels falling off

Tesla (TSLA) has been upgraded to investment grade by S&P

Tesla (TSLA) has been officially upgraded to investment grade long-term credit rating by S&P Global Ratings. Despite delivering profits for more than two years straight and building a cash position of over $18 billion while sitting on very little debt, Tesla was still rated as a “junk bond” by rating companies like S&P Global Ratings and… Continue reading Tesla (TSLA) has been upgraded to investment grade by S&P

The climate investor who bet right on ExxonMobil on how to stay ahead of the market for the next decade

A view of the Exxon Mobil refinery in Baytown, Texas. Jessica Rinaldi | Reuters Jennifer Grancio was among the leaders at Engine No. 1, the upstart investing firm focused on climate and energy transition, that bested ExxonMobil in a 2021 proxy contest upset few saw coming. What Engine No. 1 decided to do next was maybe… Continue reading The climate investor who bet right on ExxonMobil on how to stay ahead of the market for the next decade

Toyota restarts output of first EV after resolving safety issues

TOKYO (Reuters) — Toyota Motor said it would restart production of its first electric vehicle, the bZ4X, on Thursday after fixing potential safety problems that had halted sales of the new battery-powered model for more than three months. Japan’s largest automaker, a laggard in the EV market, recalled 2,700 bZ4Xs globally in June after discovering… Continue reading Toyota restarts output of first EV after resolving safety issues

Twitter’s edit button finally debuts in the United States, but you’ll have to pay for it

A lot more people will soon be able to do what was once unthinkable: edit tweets. Twitter has begun to roll out its new tweet-editing feature to Twitter Blue subscribers in the United States. The expansion follows a launch in Canada, New Zealand and Australia earlier this week. The feature gives users a 30-minute window… Continue reading Twitter’s edit button finally debuts in the United States, but you’ll have to pay for it

Foxtron Model B is US-built EV hatchback to rival Tesla Model Y

Foxtron, the automotive division of Taiwanese electronics giant Foxconn, has previewed a new electric hatchback called the Model B ahead of a full unveiling on 18 October. Styled by Pininfarina, the Volkswagen ID 3-sized Model B is the third electric passenger car to be revealed by Foxtron, following the Model C and Model E unveiled in 2021. Founded in… Continue reading Foxtron Model B is US-built EV hatchback to rival Tesla Model Y