Tesla lands in hot water with U.S. Justice Dept. over driver assistance claims
Tesla under probe by U.S. Justice Department for potential securities or wire fraud related to misleading claims about its self-driving technology. [ more ]
Tesla Laid Off Its 500-Person Supercharger Team Overnight | Entrepreneur
Elon Musk's decision to downsize Tesla's electric vehicle charging team has surprised other carmakers relying on Tesla's infrastructure for their own EV plans. [ more ]
The Tesla Supercharger team, responsible for managing and developing electric vehicle charging stations throughout the United States, has been fired. [ more ]
Tesla's initial success is being challenged by falling sales, competition, and product issues, leading to significant workforce cuts and financial setbacks. [ more ]
U.S. regulator says self-driving vehicles not ready for prime time as Tesla inks China deal
Elon Musk secured a significant deal for Full Self-Driving mode in China, potentially boosting Tesla's market performance and shareholder approval. [ more ]
Moment man deliberately drives car into UK theatre during rush hour
A man drove his car into a theatre during rush hour, narrowly missing other vehicles and pedestrians due to dangerous driving under the influence. [ more ]
Self-Driving Formula 1 Car Crashes Into Wall at First Autonomous Race Event
The Abu Dhabi Autonomous Racing League's rough start illustrates the ongoing challenges in developing self-driving cars, showcasing the struggle of getting driverless vehicles to navigate a track reliably. [ more ]
Hyundai collaborates with China's Baidu on car autonomy, AI & more
The collaboration between Hyundai, Kia, and Baidu aims to develop technologies for connected cars, highlighting the increasing importance of autonomy and AI in the automotive industry. [ more ]
Tesla Wants To Turn Cars Into 'Amazon Web Services' On Wheels. Here's How
Elon Musk envisions Tesla as more than a car company, aiming to create a distributed inference cloud computing network using idle compute power from Tesla cars. [ more ]
All New U.S. Cars Must Carry Automatic Brakes by 2029
All new cars in the US after 2029 must have automatic emergency braking. The systems will be required to start braking at 90 m.p.h. in imminent collision scenarios. [ more ]
Four Things to Know About the Historic Automatic Emergency Braking Rule - Streetsblog USA
Automatic Emergency Braking rule will save about 360 lives annually, but constraints limit its efficacy in preventing the majority of road fatalities. [ more ]
Opinion: Electric vehicles are just getting started
Electric vehicles (EVs) currently face challenges in reliability and infrastructure, reminiscent of early conventional cars, but are rapidly maturing and show promising growth potential. [ more ]
A major Chinese car company already has a Cybertruck knockoff
The car industry is experiencing high competition seen in the introduction of a Chinese vehicle resembling Tesla's Cybertruck at the Beijing auto show. [ more ]
EV tax credit rules get extension in big win for automakers
Extended EV tax credit rules with mineral exemptions influence U.S. automakers' supply chains and foreign material dependency, affecting consumer EV purchases. [ more ]
Chaos at Tesla: What analysts think about Elon Musk's cuts and layoffs
Tesla's early success was fueled by innovative use of lithium-ion battery packs, but recent challenges include declining sales and profitability due to increased competition and price cuts. [ more ]
Tesla CEO Elon Musk met with Chinese Premier Li Qiang in an unannounced visit, amid Chinese carmakers showcasing rival electric vehicles at the Beijing Motor Show. [ more ]
Tesla FSD gets thumbs up from Swedish Transport Administration Advisor
Tesla Full Self-Driving showed impressive performance on German roads, hinting at potential regulatory approvals and expansion to other markets with country-specific training. [ more ]
Tesla's self-driving claims subject to federal securities and wire fraud probe
Tesla is facing investigations by multiple authorities regarding securities fraud and misleading statements about Autopilot and Full Self-Driving features. [ more ]
Possibly the two best undervalued EV stocks to buy in 2024
EV stocks are currently struggling due to post-pandemic government overspending and raw material market instability, but the demand for clean energy indicates a potential rebound. [ more ]