Tesla CEO Elon Musk lost his fight to delay Twitter’s lawsuit against him as a Delaware judge on July 19 set an October trial, citing the “cloud of uncertainty†over the social media company after the billionaire backed out of a deal to buy it.
July 19, 2022Search
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Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
Tesla Autopilot Chief Karpathy to Depart
Andrej Karpathy, Tesla Inc.’s top artificial intelligence executive and the director of its Autopilot self-driving system, is planning to depart the automaker.
July 13, 2022Tesla Stock Teeters as Elon Musk Girds for Another Legal Battle
Tesla bulls rejoiced when Elon Musk sought to terminate his agreement to buy Twitter. That initial relief has given way to realization the hangover from this ordeal won’t lift anytime soon.
July 13, 2022Walmart Orders 4,500 Canoo Electric Vans
Canoo Inc. shares doubled in value after the struggling electric vehicle startup won an order for 4,500 vans from Walmart Inc.
July 12, 2022Volvo Says Electric, Autonomous Programs Key to Growth
Volvo Group is looking to expand its autonomous and electric truck programs to build market share in its key U.S. market and drive revenue and profits higher, top executives said recently.
July 5, 2022CATL Unveils EV Battery With Longer Range
Contemporary Amperex Technology Co. Ltd. unveiled an electric car battery it said has a range of over 620 miles (1,000 kilometers) on a single charge and is 13% more powerful than one planned by Tesla Inc., a major customer.
June 23, 2022Elon Musk Says New Tesla Plants Are Losing Billions
Elon Musk said Tesla Inc.’s new plants in Germany and Texas are losing “billions of dollars†as the electric vehicle maker tries to ramp up production.
June 22, 2022Laid-Off Workers Claim Tesla Violated WARN Act in Suit
Tesla Inc. was sued by some former employees who claim the company’s decision to lay off about 10% of its workforce violated federal law by failing to provide the required advance notice for the job cuts.
June 20, 2022Musk Warns of Tesla’s ‘Very Tough Quarter’ in Staff Email
Tesla Inc. has had a “very tough quarter†as it struggles with supply chain snags, Chief Executive Officer Elon Musk warned in an internal memo, imploring workers to help get the electric vehicle maker back on track.
June 13, 2022Startup Hydron Plans Autonomous Longhaul Trucks With Hydrogen Fuel Cells
The co-founder of San Diego-based autonomous driving company TuSimple, Mo Chen, announced he started a new company called Hydron to bring to market Class 8 hydrogen-powered trucks equipped with Level 4 autonomous driving technology.
June 10, 2022