Tesla has hired a new general counsel, a position that has been historically superhard to fill for the automaker. Tesla is often described as having high turnover, which has been especially true for its top lawyers. Elon Musk surprised many when he hired his personal divorce lawyer, Todd Maron, to be Tesla’s general counsel (he
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The once-promising strategic partnership between Ford and Rivian is “nearly complete” after a new SEC filing shows Ford trimmed its stake to just 10.5 million shares in 2022. Ford trims Rivian stake to a mere 1.15% ownership The partnership began in 2019 after Ford invested $500 million in Rivian, marking a key milestone in the
Redwood Materials just got a $2 billion conditional loan from the US Department of Energy to expand its factory near Reno, Nevada, where it will manufacture EV batteries from an increasing amount of recycled content. In a US first, Redwood will produce 100 GWh annually of ultra-thin battery-grade copper foil and cathode-active materials from both
Tesla is slightly raising the price of the base Model Y in China after an important price cut last month resulted in a significant increase in orders. Last month, we reported on Tesla slashing prices in China, which raised demand concerns for the automaker in the important EV market. The price drops on some Model 3
A new Tesla Cybertruck beta prototype has been spotted and this time we get a good look at the front-end, which appears to have been updated, and it still has a monstrous windshield wiper. As we reported last week, we expected to start seeing a lot more Cybertruck sightings as the automaker is testing its
Ram officially announced the Ram 1500 REV, its first all-electric pickup truck, today, and the company claims that it is starting a revolution despite being late to electrification. We already knew that Ram 1500 REV would be the name of the brand’s first electric pickup thanks to a trademark filing last year, but now the
During a presentation at the Chicago Auto Show earlier today, Hyundai Motor North America has introduced a new month-to-month EV subscription program called Evolve+, aimed at “EV curious” consumers. The all-encompassing monthly price includes the EV itself, plus insurance, roadside assistance, and maintenance. This turnkey option will begin with a couple of Hyundai brand EVs
Tesla Semi program manager, Guthrie Gintzler, explained his pitch to fleet managers and the importance of electric trucks to reduce emissions from the transportation sector. Gintzler joined Tesla in 2016 as an intern, but he quickly rose through the ranks and was made program manager of Tesla Semi last year. He has an interesting educational background,
After announcing its return to Formula 1 in a dynamic new partnership with Red Bull, Ford teased several “EV performance demonstrators,” including a mystery high-performance electric truck. Ford CEO Jim Farley gave us a sneak peek of what its special EV performance truck may look like Wednesday that could be a souped-up F-150 Lightning. Ford
Tesla Powerwall owners in the California virtual power plant report making up to $500 in the first year of the new program despite launching only in the summer. It looks like it could be a real way to lower the cost of owning home energy storage. A virtual power plant (VPP) consists of distributed energy storage
Tesla, and specifically Autopilot, has been cleared from blame in the highly publicized fatal crash in Texas that was reported to have happened with “no one in the driver’s seat.” In April 2021, a strange and tragic accident in a Tesla happened in Spring, Texas. A Tesla Model S missed a turn, hit a tree, and