Volvo Trucks has signed a letter of intent to sell up to 1,000 electric trucks to Holcim, a building solution provider, marking the largest deal the Swedish automaker has signed to date. Volvo will deliver the first 130 trucks this year and next, with the total number of deliveries reaching “up to 1,000” units, the…
Elon Musk was the subject of a class-action lawsuit that was thrown out by a judge earlier this week, claiming the Twitter CEO cheated shareholders on several occasions in 2022 during his purchase of the social media platform. Plaintiff William Heresniak sued Musk last May, just a month after Twitter accepted Musk’s $54.20 per share…
Tesla, SpaceX, and Twitter CEO Elon Musk is expected to kick off The Wall Street Journal’s CEO Council Summit on Tuesday at 2 p.m. ET. He is expected to attend the event virtually. At the event, Musk is expected to face questions about his leadership of several companies, from EV leader Tesla to social media…
Reports from Tesla owners online suggest that the electric vehicle maker has resumed the rollout of Full Self-Driving Beta (FSD Beta) to new testers. The release of the advanced driver assist system had previously been paused for new users following an FSD Beta-related recall from the National Highway Traffic Safety Administration (NHTSA). The NHTSA recall…
As is the case with several other quirky products from Elon Musk’s companies, deliveries of The Boring Company’s Burnt Hair perfume ended up being late. Last year, customers who purchased this novelty item were provided with an estimated delivery time of Q1 2023, which would have made it a perfect gag gift for Valentine’s Day.…
The trio of abandoned Tesla Roadsters from 2008 have reached a massive bid of $750,000 with just four bidding days left, and there is no indication that these vehicles even operate. In early May, Gruber Motors reached out to Teslarati to tell us they had learned about three original Roadsters that had been sitting in untouched sea…
Ford has been teasing its next generation of electric vehicles for some time, and the speculation regarding what the automaker could bring to the table persisted today as the automaker detailed its upcoming SUV as a “personal bullet train,” only giving the mind’s eye full reign of what could be to come. Today’s Ford Investor…
Tesla is shipping another batch of vehicles from China to North America as a second ship packed with all-electric cars built at Gigafactory Shanghai is on its way to Canada. It is a move that further solidifies Tesla’s strategy to send vehicles from Shanghai to the North American market, and it may be indicative of…
Ford has made major progress in its quest to grow its manufacturing capacity for electric vehicles by signing and announcing several deals for the supply of lithium. Ford has goals to build 2 million electric vehicles every year by 2026, hoping to close the gap with industry leader Tesla, which has dominated the sector due to…
SpaceX and Italian insurance company Unipol Gruppo have partnered to provide internet access to areas of northern Italy that have been devastated by flooding. A recent post from Starlink’s official account indicates that over 150 Starlink kits have already arrived in Italy’s northern Emilia-Romagna region. Under the agreement, Unipol will acquire SpaceX’s Starlink satellite internet terminals.…