Drivers sue Tesla for alleged false advertising of Autopilot and FSD software

Another day, another lawsuit against Tesla and its advanced driver assistance systems. A lawsuit was filed Wednesday in the California Northern District Court alleging that Tesla’s ADAS systems cause vehicles to run red lights, miss turns and veer into traffic, all the while costing Tesla owners thousands of dollars. Tesla vehicles come standard with an… Continue reading Drivers sue Tesla for alleged false advertising of Autopilot and FSD software

Tesla (TSLA) loses infamous ‘most shorted stock’ title to Apple (AAPL)

Tesla (TSLA) has officially lost its infamous “most shorted stock” title as the short position on Apple’s stock (AAPL) rises above Tesla’s. CEO Elon Musk has often warned people not to bet against Tesla on the stock market. He went as far as predicting a “next level short burn of the century,” and it sort… Continue reading Tesla (TSLA) loses infamous ‘most shorted stock’ title to Apple (AAPL)

Tesla weighs bringing ‘Tesla Center’ strategy to China and closing retail stores

Tesla is reportedly considering bringing its “Tesla Center” strategy to China and closing some retail stores in high-rent locations. Last year, Electrek exclusively reported on Tesla implementing a new retail strategy in North America that involves moving away from showrooms in fancy malls and, instead, focusing on cheaper locations, remote management of the test drive… Continue reading Tesla weighs bringing ‘Tesla Center’ strategy to China and closing retail stores

Tesla is now facing a class action lawsuit over ‘misleading’ claims about self-driving

Tesla is now facing a class action lawsuit over “allegedly misleading the public regarding its Autopilot, Enhanced Autopilot, and Full Self-Driving Capability (‘FSD’) technology.” With Tesla’s approach of selling features that it has yet to fully develop and missing several timelines relating to them, it was inevitable that the company would eventually face some legal… Continue reading Tesla is now facing a class action lawsuit over ‘misleading’ claims about self-driving

Payne: Overlanding across the UP to Michigan’s other auto-palooza, Detroit 4fest

High Rock Bay, Upper Peninsula — The Back Yard Overland Tour kicked off Detroit 4fest this week with an epic adventure that included a visit into a 350-foot-deep mineshaft, a front hub blowout, and a mad Jeep dash to the northernmost point in Michigan. And that was just the first day. BYOT is the first… Continue reading Payne: Overlanding across the UP to Michigan’s other auto-palooza, Detroit 4fest

CATL to supply BMW cylindrical batteries from 2025

CATL batteries are displayed during an expo in Xiamen, Fujian province. [Photo provided to China Daily] FUZHOU — Chinese battery producer Contemporary Amperex Technology Co Ltd (CATL) and the BMW Group Friday announced a multi-year agreement to supply cylindrical battery cells to power the German carmaker’s new electric vehicle models based on its Neue Klasse… Continue reading CATL to supply BMW cylindrical batteries from 2025

@Fisker: All-electric Fisker Ocean Scheduled for 2022 Oslo Motor Show, Marking Norwegian Debut000100

LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”) – passionate creator of the world’s most sustainable electric vehicles and advanced mobility solutions – will showcase its all-electric Fisker Ocean SUV at the 2022 Oslo Motor Show October 28-30, 2022, marking the California-based company’s first foray into Norway. “Norway is one of our nine launch countries, so… Continue reading @Fisker: All-electric Fisker Ocean Scheduled for 2022 Oslo Motor Show, Marking Norwegian Debut000100