Fisker Inc., the EV startup founded by famed designer Henrik Fisker, filed for Chapter 11 bankruptcy protection — a capstone to months of problems with its Ocean SUV that included recalls and dozens of lemon law lawsuits. The California-based company, which filed for bankruptcy in the Delaware Court, had been seeking a deal with another […]
EV startup Fisker files for bankruptcy Read More »
Tesla CEO Elon Musk has secured enough shareholder votes to have his 2018 stock option compensation package approved. Shareholders also approved the company’s decision to re-incorporate Tesla in Texas, moving it away from the state where Musk’s pay package was struck down: Delaware. Shareholders present at the company’s annual meeting Thursday, held at Tesla’s Texas
Tesla shareholders vote yes again to approve Elon Musk’s $56B pay plan Read More »
Tesla shareholders are suing CEO Elon Musk and members of the automaker’s board of directors over Musk’s decision to start xAI, which they say is a competing AI company, and then divert talent and resources from Tesla to the new startup. The lawsuit is one of the most direct challenges to Musk’s decision to start
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The Tesla fans posted. And over the last few months, Elon Musk engaged. Every time he did, Tesla’s legal team had to get to work, writing and submitting regulatory filings to the Securities and Exchange Commission (SEC). It’s all part of an effort to say that, this time, when the shareholders vote to approve his
Tesla and its fans waged an unprecedented battle over Elon Musk’s $56B pay package Read More »
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Kirsten Korosec is still off on holiday, so you’ve got me once again! Today is the big Tesla shareholder vote. We’ll finally get to learn, among other
Tesla shareholders to vote today on $56B pay package Read More »
There has been a silly amount of drama in the run-up to Tesla‘s annual shareholder meeting on Thursday. The company is set to hold a vote on “re-ratifying” the $56 billion compensation package awarded to Elon Musk in 2018, which was struck down by a Delaware Chancery Court judge earlier this year. It will also
There has been a lot of recent chaos in the world of electric vehicles, and Ford has capitalized on it to build out its secretive low-cost EV team. A TechCrunch review of LinkedIn data found that Ford has built this team up to around 300 employees over the last year. That includes around 50 coming
Ford’s secretive low-cost EV team is growing with talent from Rivian, Tesla and Apple Read More »
Waymo has voluntarily issued a software recall to all 672 of its Jaguar I-Pace robotaxis after one of them collided with a telephone pole. This is Waymo’s second recall. The Alphabet-owned company recalled previous software in February after two of its robotaxis crashed into the same pickup truck that was being towed by a tow
Waymo issues second recall after robotaxi hit telephone pole Read More »
Fisker is issuing the first recall for its all-electric Ocean SUV because of problems with the warning lights, according to new information published by the National Highway Traffic Safety Administration. The safety agency says that the Fisker Ocean’s instrument panel displays the brake, park, and antilock brake system warning lights in the wrong font size
Fisker’s troubled Ocean SUV gets its first recall Read More »
General Motors is investing $850 million into Cruise as the autonomous vehicle subsidiary slowly makes its way back to testing in Phoenix, Dallas and, as of Tuesday, Houston. GM’s CFO Paul Jacobson announced the capital infusion onstage at Deutsche Bank’s Global Automotive Industry Conference on Tuesday. “This will help bridge Cruise funding until we can
GM gives Cruise $850M lifeline as it relaunches robotaxis in Houston Read More »
