Nov 19 (Reuters) – Tesla Inc (TSLA.O) subjects female workers to “nightmarish” conditions of rampant sexual harassment at its main factory, and supervisors turn their backs when complaints are brought, according to a new lawsuit. Jessica Barraza, 38, said she has endured “near daily” catcalls and inappropriate touching in her three years at the electric… Continue reading Business · 4:46 PM UTCTesla subjects women to ‘nightmarish’ sexual harassment at factory -lawsuitTesla Inc subjects female workers to “nightmarish” co…
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Ford plans to produce 600,000 EVs a year by the end of 2023
Ford has ambitions to become the biggest US-based EV manufacturer someday, and that means greatly ramping up its production. Company CEO Jim Farley has announced that the automaker is planning to produce 600,000 electric vehicles per year by the end of 2023, which will double the number of EVs it originally intended to manufacture. According… Continue reading Ford plans to produce 600,000 EVs a year by the end of 2023
Ford and GM are getting into chip development to help deal with the shortage
A year into the computer chip shortage that’s heavily affecting vehicle production, Ford announced a collaboration with chipmaker GlobalFoundries Inc., as The Wall Street Journal first reported. Ford’s press release about the non-binding agreement is light on specifics but mentions plans “to advance semiconductor manufacturing and technology development within the United States.” Without committing to… Continue reading Ford and GM are getting into chip development to help deal with the shortage
‘Big Short’ Burry exits bearish bet on Tesla
A Tesla logo is seen at the Tesla Shanghai Gigafactory in Shanghai, China January 7, 2019. REUTERS/Aly Song Register now for FREE unlimited access to reuters.com Register NEW YORK, Nov 15 (Reuters) – (This November 15 story corrects headline to delete “Google” and corrects first paragraph to delete “Alphabet Inc’s GOOGL.O Google,” correcting to show… Continue reading ‘Big Short’ Burry exits bearish bet on Tesla
Sharp swings in EV shares draws frenzied options trading
By Saqib Iqbal Ahmed NEW YORK: Traders are piling into options trades on electric-vehicle makers, drawn by sharp swings in the shares of companies like Tesla Inc, Rivian Automotive and Lucid Group. On Wednesday, Tesla, Lucid and Rivian made up three of the six most actively traded options names, rubbing shoulders with the likes of… Continue reading Sharp swings in EV shares draws frenzied options trading
Kia’s electric SUV concept includes a sprawling 27-inch display
Hyundai’s LA Auto Show concepts include more than just a lounge on wheels. As Autoblog notes, the company’s Kia badge has unveiled the Concept EV9 as a peek at the possible “next model” in its electric vehicle lineup. The angular design language is a centerpiece, but the real highlight may be technology that, in some… Continue reading Kia’s electric SUV concept includes a sprawling 27-inch display
Rivian Gets Closer to IPO, Seeking Over $50 Billion Evaluation
Rivian, an electric truck maker backed by Amazon and Ford Motor, is aiming to be valued above $50 billion in its initial public offering next week. The company updated its registration documents with the Securities and Exchange Commission on Monday to say it was aiming to sell 135 million Class A common shares priced between… Continue reading Rivian Gets Closer to IPO, Seeking Over $50 Billion Evaluation
Subaru’s first all-electric vehicle makes its American debut
Subaru pulled the cover off its first all-electric crossover for the second time in November. This time, the 2023 Subaru Solterra electric crossover — the Toyota bZ4X doppelgänger — made its U.S. debut at the Los Angeles Auto Show. The first all-electric subcompact crossover is a joint project, like the Subaru BR-Z and the Toyota… Continue reading Subaru’s first all-electric vehicle makes its American debut
Tesla (TSLA) secures new 197 MWh Megapack order to go on its Autobidder AI platform
Tesla (TSLA) has secured a new Megapack order for 197 MWh of capacity to deploy in the UK and use its Autobidder AI platform. Megapack has quickly emerged as the leading battery system for large utility-scale energy storage systems. It helped Tesla’s energy division accelerate storage deployment and the company has now built an impressive… Continue reading Tesla (TSLA) secures new 197 MWh Megapack order to go on its Autobidder AI platform
Fisker’s electric Ocean SUV has a rotating center screen
EV startup Fisker Inc. has revealed the production version of its first electric vehicle, the Ocean SUV, at the 2021 LA Auto Show. It’s largely similar to the first prototype that debuted at the 2020 Consumer Electronics Show, though there are a few new standout features — including a 17.1-inch touchscreen that rotates from portrait… Continue reading Fisker’s electric Ocean SUV has a rotating center screen