Over 200,000 Ford vehicles under US regulatory lens over fears of fuel leakageThe National Highway Traffic Safety Administration (NHTSA) said its Office of Defects Investigation has received 27 complaints, including 1...
11 May, 2024, 12.30 AM IST
Lucid CEO says Aston Martin EV tech deal is just the beginningThe U.S. EV firm will provide Aston with technology including a rear drive unit with twin motors, battery modules and software for integrat...
29 Jun, 2023, 10.27 AM IST
Tesla's price cuts promise more pain for money-losing US EV startupsTesla's move last week to slash prices globally on its EVs by as much as 20% could draw new buyers to electric cars in the industry, but al...
20 Jan, 2023, 08.10 PM IST
Elon Musk exercises more options, sells Tesla shares worth $973 millionOver the past week, Musk has sold about 8.2 million Tesla shares for around $8.8 billion. Those sales fulfill almost half of his pledge on ...
17 Nov, 2021, 01.06 PM IST
Tesla's Elon Musk exercises more options, sells $973 million for taxesElon Musk acquired 2.1 million shares worth $2.2 billion at the Tuesday closing price and sold 934,091 for $973 million to pay taxes, the S...
17 Nov, 2021, 10.58 AM IST
Rivian, electric vehicle startup, unveils large losses in IPO filingRivian, founded in 2009, makes an upscale truck and a sport utility vehicle, both designed to be driven off-road. “Now, there’s a way to ex...
02 Oct, 2021, 10.27 AM IST
View: SPACs are an interesting bridge solution for investors between private and public marketsSPAC is like the much sought-after VIP ‘break’ darshan at a temple — a side-door entry into public markets, without the scrutiny of going p...
03 Mar, 2021, 11.27 PM IST
SPACs turn to 'stonks' as amateur traders take on more riskAn army of amateur traders that has fueled a rally in heavily shorted stocks, or "stonks," such as GameStop Corp , has discovered the arcan...
01 Mar, 2021, 06.33 PM IST
Robots once seen as job killers now protect workers from CovidThe impact of technology on employment has been a topic of anxiety and study for generations with mixed results. Cars didn’t kill trains, t...
15 Dec, 2020, 09.43 AM IST
Electric-car startup Lucid to follow Tesla into energy storageLucid aims to have a prototype of a commercial system installed at its headquarters by the start of next year that will store power generat...
10 Sep, 2020, 12.22 PM IST
Electric-truck maker Rivian hires ex-Tesla exec as top engineerKalayjian replaces Mark Vinnels, who until this week had been Rivian’s executive director of engineering, the person said. Vinnels joined R...
28 Aug, 2020, 09.25 AM IST
Electric cars are about to start rolling out of the Arizona desertLucid says it has actually accelerated hiring, adding 120 new employees since mid-March, and is currently advertising 250 open positions.
24 May, 2020, 12.23 PM IST
Tesla’s 2020 advance blows past 100%, leaving Wall Street in aweTesla rose as much as 24% to $968.99 Tuesday before plunging suddenly in the last few minutes of trading, trimming share prices by more tha...
06 Feb, 2020, 10.09 AM IST
Everybody wants to be the next Elon MuskA ground-breaking in Shanghai attended by Tesla Chief Executive Officer Elon Musk last week marked what will become the first factory in th...
16 Jan, 2019, 10.10 AM IST
Saudi fund breathes new life into Lucid after going mum on MuskThe transaction clinches long-sought funding that was crucial to Lucid getting its first model, the Air sedan, into production.
18 Sep, 2018, 09.49 AM IST
Tesla wannabe is back in spotlight with shot at Saudi investmentLucid Motors, a startup co-founded 11 years ago by a Silicon Valley veteran, is in the spotlight following news reports over the weekend th...
21 Aug, 2018, 10.24 AM IST
Ex-Tesla team with new electric vehicle in works missing just one thing: CashThe nascent carmaker unveiled its Air prototype in December and had said it would start production of its all-electric luxury sedan in 2018...
15 Apr, 2017, 12.07 PM IST