Tesla Closing A Silicon Valley Office, Laying Off 200 Workers

The move to lay off 200 employees comes after CEO Elon Musk warned he had a 'super bad feeling' about the economy.

Over $3B Auto Insurance Refunds Issued

According to data collected by DIFS, more than $3,041,000,000 has been issued by auto insurers.

Tesla Recalls Nearly 130K Vehicles Due To Overheating Infotainment System

Tesla has issued seven recalls this year for the 2022 Model 3 and six for the 2022 Model Y, all of which have been addressed with over-the-air software updates.

Uber CEO Tells Staff Company Will Cut Down On Costs, Treat Hiring As A ‘Privilege’

Uber will now focus on achieving profitability on a free cash flow basis rather than adjusted EBITDA, he added.

US Aviation Watchdog Likely To Maintain Highest Safety Rating for India

US aviation watchdog Federal Aviation Administration (FAA) has completed the audit of India’s aviation regulator DGCA. Sources said that the FAA team was satisfied with...

EV Auto Sales Shine in First Quarter of 2022

The only brands to post sales gains were all-electric.

Electric Vehicle Start-Up Nikola Has Begun Production Of Its First Battery-Electric Semitruck

The battery-electric version of the Tre is intended for shorter routes, with an estimated range of about 350 miles.

Tesla To Host 15,000-Person Grand Opening Next Month At New Gigafactory In Austin, Texas

The $1.1 billion, 4.3-million square foot facility has already started production of the Model Y.

Renault Shuts Down In Russia And Weighs Quitting Venture

French automaker mulls options for Lada-making AvtoVaz unit.

Tesla Delivers First Cars From Berlin Factory

Tesla sales have grown dramatically despite the chip shortage, which has hampered automakers. It reported a record profit in 2021.

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