[ad_1] 3 min read Last Updated : Apr 16 2024 | 6:03 PM IST Tesla’s global job cuts include reducing staff in the U.S. and China, the automakers’ two biggest markets, across sales, tech, and engineering, five sources briefed on the matter said. CEO Elon Musk on Monday told staff in an … Read more
[ad_1] Just four days before the first race of its was set to take place, Formula E said the NXT Gen Cup will not be part of the World Championship calendar this season. The cancellation is “due to unexpected constraints faced by the support series,” a Formula E spokesperson . The NXT Gen Cup was … Read more
[ad_1] Jack Ewing & Neal E Boudette Tesla appeared to be losing command of the market it effectively created after it reported a stunning drop in quarterly sales on Tuesday, raising fresh questions about Elon Musk’s leadership of the company. The sales decline caught investors off guard as rivals like BYD … Read more
[ad_1] China has initiated dispute settlement proceedings against the United States at the World Trade Organization to safeguard its interests in the electric vehicle industry, the Chinese mission said on Tuesday and the WTO confirmed. China said it was contesting “discriminatory subsidies” under the US Inflation Reduction Act that it said resulted … Read more
[ad_1] Specs for the Rivian R2 leaked this week ahead of Thursday’s unveiling. Found by “internet sleuths” who tipped off Electrek, its specifications were buried in source code for the EV’s teaser website (briefly visible to anyone in the public using a web inspector). The code suggests the R2 will have up to a 330-mile … Read more
[ad_1] After years of buildup, Fisker has finally started building its ambitious electric Ocean SUV in Austria. The company pledged to start production by the end of 2022, so it has met that target with around six weeks to spare. If you didn’t lock in a pre-order for the EV swiftly, you may still be … Read more