������ý

Twitter Inc.’s lawsuit against Tesla CEO Elon Musk over a canceled $44 billion buyout of the social media platform is set for a five-day trial starting Oct. 17 in Delaware, a judge ruled.

Tesla Inc. reported second-quarter earnings that beat Wall Street estimates, reflecting the company’s progress in getting production back on track while tackling supply chain hurdles and COVID lockdowns at its factory in China.

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.

Andrej Karpathy, Tesla Inc.’s top artificial intelligence executive and the director of its Autopilot self-driving system, is planning to depart the automaker.

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.

A German plant reportedly will take a break this month, in addition to two model lines in Shanghai, Bloomberg reported.

Tesla Inc. laid off hundreds of workers on its Autopilot team as the electric vehicle maker shuttered a California facility, according to people familiar with the matter.

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.

Toyota Motor Corp. is tying up with Redwood Materials Inc., a battery recycling company created by Tesla Inc. co-founder J.B. Straubel, to collect and repurpose cells from some of the earliest battery-powered vehicles.

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.