Tag: Tesla

TechnologyFactbox: Electric-vehicle batteries: major players and their expansion plans10:18 AM UTC

The logo of SK Innovation is seen in front of its headquarters in Seoul, South Korea, February 3, 2017. REUTERS/Kim Hong-Ji/Files SEOUL, Oct 5 (Reuters) – The global auto industry’s shift to electric vehicles (EVs) has spurred an expansion race among battery makers, and caused a growing a skills shortage. See main story: read more… Continue reading TechnologyFactbox: Electric-vehicle batteries: major players and their expansion plans10:18 AM UTC

Samsung SDI partner, USA Rivian secures its own battery manufacturing capacity

USA electric vehicle company Rivian is pushing ahead with its own electric vehicle battery manufacturing. The strategy of internalizing batteries by automakers is becoming a reality. Rivian said it needed to manufacture its own batteries to target the electric vehicle market. Samsung SDI is manufacturing and supplying electric vehicle batteries for Rivian’s first electric truck.… Continue reading Samsung SDI partner, USA Rivian secures its own battery manufacturing capacity

Tesla must pay $137 million in discrimination lawsuit

Tesla has been ordered to pay $137 million in damages to a former Black worker who accused the company of turning a blind eye to discrimination and racial abuse at the company’s EV plant in Fremont California, the Washington Post has reported. A San Francisco federal court jury awarded the judgement — reportedly one of… Continue reading Tesla must pay $137 million in discrimination lawsuit

TechnologyTesla ordered to pay over $130 mln to Black former worker over racism -WSJ5:41 AM UTC

The TESLA logo is seen outside a dealership in the Brooklyn borough of New York City, U.S., April 26, 2021. REUTERS/Shannon Stapleton Oct 4 (Reuters) – A federal jury on Monday has ordered Tesla Inc (TSLA.O) to pay more than $130 million in damages to a Black former worker, finding he was subjected to a… Continue reading TechnologyTesla ordered to pay over $130 mln to Black former worker over racism -WSJ5:41 AM UTC

Investors argue Musk should repay $9.4 bln to Tesla for SolarCity deal

The investors said Musk, one of the world’s richest people, could also repay the value of the stock to the company. A Delaware judge should order Elon Musk to repay $9.4 billion to Tesla Inc for the benefits he received by pushing the electric vehicle maker in 2016 to buy an ailing solar company he… Continue reading Investors argue Musk should repay $9.4 bln to Tesla for SolarCity deal

Investors argue Musk should repay $9.4 billion to Tesla for SolarCity deal

Tesla CEO Elon Musk reacts to onlookers as he departs after taking the stand to defend Tesla Inc’s 2016 deal for SolarCity in a case before the Delaware Court of Chancery in Wilmington, Delaware, U.S. July 12, 2021. REUTERS/Jonathan Ernst WILMINGTON, Del., Oct 4 (Reuters) – A Delaware judge should order Elon Musk to repay… Continue reading Investors argue Musk should repay $9.4 billion to Tesla for SolarCity deal

Autos & Transportation · 3:59 PM UTCGM, Ford to settle suit over use of ‘BlueCruise’ name for hands-free drivingGeneral Motors Co and Ford Motor Co ha…

WASHINGTON, Oct 4 (Reuters) – General Motors Co (GM.N) and Ford Motor Co (F.N) have agreed to settle a legal battle over the latter’s use of the name “BlueCruise” to market its hands-free driving technology. In a notice filed in court late on Friday, the two automakers said they are in the “process of settling… Continue reading Autos & Transportation · 3:59 PM UTCGM, Ford to settle suit over use of ‘BlueCruise’ name for hands-free drivingGeneral Motors Co and Ford Motor Co ha…

Tesla claims Rivian is stealing ‘trade secrets’ about its ‘next-gen battery’ in expanding lawsuit

Tesla, which is already suing Rivian and former employees hired by the electric pickup truck startup, is expanding its lawsuit against the company. It now claims that Rivian is stealing its “trade secrets” about battery technology. Rivian has been one if not the most serious electric vehicle startup since Tesla, and part of why the… Continue reading Tesla claims Rivian is stealing ‘trade secrets’ about its ‘next-gen battery’ in expanding lawsuit

Autos & Transportation · 9:31 AM UTCAudi CEO sees chip shortage as ‘perfect storm’ but will get through itPremium car brand Audi, Volkswagen’s biggest…

Markus Duesmann, board member of German luxury carmaker BMW attends the company’s annual news conference in Munich, Germany, March 21, 2018. REUTERS/Michael Dalder FRANKFURT, Oct 4 (Reuters) – Premium car brand Audi, Volkswagen’s (VOWG_p.DE) biggest profit contributor, has to troubleshoot on a day-to-day basis to tackle an ongoing shortage of auto chips, its chief executive… Continue reading Autos & Transportation · 9:31 AM UTCAudi CEO sees chip shortage as ‘perfect storm’ but will get through itPremium car brand Audi, Volkswagen’s biggest…