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Feds probe Waymo driverless cars hitting parked cars, drifting into traffic

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Tesla’s self-driving claims subject to federal securities and wire fraud probe

Prosecutors are combing subpoenaed materials for evidence Tesla knowingly misled.

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Tag: Tesla

Why the fight over Elon Musk’s pay at Tesla won’t end with shareholder vote

Musk, Tesla, and the Delaware court system may be headed for uncharted legal territory.

Tesla may be in trouble, but other EVs are selling just fine

Almost every other automaker is seeing double-digit EV sales growth.

Nvida emails: Elon Musk diverting Tesla GPUs to his other companies

The Tesla CEO is accused of diverting resources from the company again.

Elon Musk Sets Back Tesla By Billions Of Dollars In Time Value Of Autonomy-Related Efforts By Diverting Chips To X And xAI

Elon Musk is banking on the robotaxi to save Tesla from its current woes, which are characterized by an anemic demand environment and aggravated by the EV giant's margin-eviscerating price cuts. Yet, in a development that axes Tesla's entire autonomy-related narrative, Elon Musk has apparently diverted thousands of NVIDIA's AI chips to X and xAI, costing Tesla billions of dollars in time value of autonomy-related efforts. As per the reporting by CNBC, Elon Musk diverted a "sizable shipment" of NVIDIA's GPUs, worth around $500 million, away from Tesla and toward his own artificial intelligence-focused enterprise, xAI, as well as his […]

Tesla Has ‘Lost Its Sense Of Purpose’ & Lucid Motors Is Ready To Lead Says CEO

After spending a couple of quarters in a tough electric vehicle market that has hurt margins and seen demand fizzle out, Lucid Motors' CEO Peter Rawlinson believes that Tesla has lost focus on ushering in the electrification age. Lucid and Tesla are among a handful of American electric vehicle manufacturers, and among them, only Tesla has managed to establish a global supply chain and ship tens of thousands of electric vehicles worldwide. Rawlinson made the comments in a fresh interview given to the BBC, where he also stressed that while Tesla might be distracted, his firm has all the tools […]

On self-driving, Waymo is playing chess while Tesla plays checkers

We'll know Tesla is serious about robotaxis when it starts hiring remote operators.

Tesla must face fraud suit for claiming its cars could fully drive themselves

Lawsuit targets 2016 claim that all Tesla cars "have full self-driving hardware."

Feds probe Waymo driverless cars hitting parked cars, drifting into traffic

Auto-safety regulator is investigating 22 reports of Waymo cars malfunctioning.

Here Is How Tesla Could Now Start Burning Between $4 Billion and $5 Billion In Cash Every Quarter

To say the past few days have been turbulent at Tesla would constitute a gross understatement. After all, the EV giant is now shedding employees in an indiscriminate fashion, one that has seen entire units axed, including Tesla's entire supercharger team. What's more, Tesla is now apparently rescinding its job offers to interns, who are widely considered the cheapest talent rung. With Tesla now having one of the oldest product lineups in the industry ex-Cybertruck, and with consumers cooling off on the EV mania as range and residual value concerns take precedence, some believe that Tesla is headed back to […]

Tesla’s self-driving claims subject to federal securities and wire fraud probe

Prosecutors are combing subpoenaed materials for evidence Tesla knowingly misled.

After Securing a Massive Government Handout of $1.5 Million per Job Created, Rivian Is Reportedly in Partnership Talks With Apple

From a high of $172 per share at the peak of the EV mania to just around $10 per share now, Rivian appeared destined for a penny stock status not too long ago. However, the company's recent movies are significant enough to merit a pause from even the most ardent of bears. To wit, DigiTimes is now out with a scoop that Apple and Rivian are mulling some sort of a partnership deal. The Asian publication does not elaborate as to the nature of this potential tie-up, which is quite confounding given that Apple abandoned its EV ambitions under the […]

Tesla announces fourth round of layoffs in four weeks

The latest cuts affect engineers, HR, and service advisers.

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