CEO Elon Musk Once called Lidar a "crutch" and "fool's errand." Now it spent $2.1 million on sensors in 2024.
Author: Rob Stumpf
The automaker recently warned of layoffs and the potential of bankruptcy.
Parts are scarce, and with Magna discontinuing manufacturing, it's unlikely to get any better.
A local service center says that its lot can't handle the "growing inventory," which includes dozens of Cybertrucks.
Plus, Fisker's future looks grim as it warns of job cuts, and lobbyists argue AM radio will zap your EV's range.
Tesla envisions turning its future cars into mobile distributed data centers where it can monetize a car's onboard computing power like Amazon AWS.
But there's the catch—leasing paints a different picture.
Tesla has finally revealed its latest Model 3 Performance variant and boy does it not disappoint.
Honda's 'Afeela' brand with Sony faces the same problem: dealers who don't want direct sales, now or ever.
Plus, Rivian lays off more of its workforce and Mexico stops giving Chinese EV makers incentives.