Revel Transit, the New York-based electric vehicle ride-hailing startup, plans to lay off its driver employees and operate a gig-work model more akin to rivals Uber and Lyft.
June 6, 2024Tesla News Updates
EV Taxi Startup Revel to Lay Off Drivers for Gig Model
EV Maker Lucid Chops Hundreds of Jobs Amid Red Ink
NEWARK, Calif. — Lucid Group has revealed its plans to slash hundreds of jobs, part of a reorganization that the maker of electric vehicles hopes will help position it for “future success.â€
May 31, 2024Sources: Hertz Is Exploring Options for Raising Financing
Hertz Global Holdings is exploring options to raise financing weeks after the company’s new CEO pledged to get it back on track following a failed bet on electric vehicles, according to people with knowledge of the matter.
May 30, 2024Tesla Settles Fatal Crash Suit Ahead of California Trial
Tesla reached a deal to resolve a lawsuit over the death of a Model S passenger in a 2016 crash, marking the second time in two months it has avoided a jury trial in California over a fatal wreck.
May 28, 2024Tesla Posts Jobs for AI, Autopilot After Weeks of Staff Cuts
Tesla Inc. posted more than a dozen Autopilot and artificial intelligence positions, its first sign of workforce growth after weeks of rolling layoffs.
May 23, 2024Tesla Signals Pullback on Goal of 20 Million Cars by 2030
Tesla omitted a previously stated goal to eventually sell 20 million vehicles a year from one of its yearly reports, adding to signs Elon Musk is prioritizing autonomy over its car business.
May 23, 2024Tesla’s Priestley to EV Fleets: Now Is the Time to Scale
LAS VEGAS — In a rare trade show appearance for the company, the head of Tesla’s heavy-duty truck program stressed that electric truck technology is ready for prime time.
May 21, 2024Judge: Tesla Must Face Suit Alleging Buyers Were Misled
Tesla must face a proposed class-action lawsuit alleging that it misled consumers about its cars’ self-driving capabilities, a U.S. district judge ruled May 15.
May 15, 2024Spate of Self-Driving Probes Points to Higher Safety Bar
Companies offering driver-assistance systems and developing autonomous vehicles are entering a new phase of more exacting oversight.
May 15, 2024BP Keen to Buy Tesla Supercharging Sites for US Expansion
BP Plc’s electric vehicle charging arm is eager to snap up Tesla Inc. supercharging sites across the US — along with the workers behind them — and has pledged $1 billion to expand its network.
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