Tesla

Tesla directors to pay up to $919 million to settle claims they overpaid themselves

A Delaware judge has approved a settlement that will see Tesla directors – including Chair Robyn Denholm, Oracle founder Larry Ellison, Kimbal Musk, and James Murdoch – return up to $919 million to the automaker, officially resolving allegations that they overpaid themselves, per Reuters.  The settlement concludes a 2020 lawsuit by the Police and Fire

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Feds investigate Tesla’s ‘Actual Smart Summon’ after several crashes

The National Highway Traffic Safety Administration has opened an investigation into 2.56 million Tesla vehicles after several crashes involving the automaker’s “Actual Smart Summon” remote parking feature. Tesla released Actual Smart Summon, or ASS for short, via software update in September. It allows Tesla owners to use their app to command the vehicle drive itself

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Toyota is ‘exploring rockets’ and has made its first investment into Interstellar Technologies

Japanese automaker Toyota is “exploring rockets,” chairman Akio Toyoda announced on stage at CES 2025 on Monday, while hinting at the idea of moving people through space. The rocketry mention on the CES 2025 stage came while Toyoda was in the middle of explaining how he views his company’s myriad technologies as “invention by kakezan,”

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New details emerge in Cybertruck explosion outside Trump hotel in Vegas that left 1 dead, 7 injured

A Tesla Cybertruck that exploded and burst into flames Wednesday morning just outside the Trump International Hotel Las Vegas has left one person dead and seven people injured, according to the Las Vegas Metropolitan Police Department (LVMPD). Matthew Alan Livelsberger, a 37-year-old man who was an active duty U.S. Army Green Beret from Colorado Springs,

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Tesla Cybertruck fails to boost 2024 sales as annual deliveries fall for first time

Tesla delivered fewer cars last year than it did in 2023, marking its first year-to-year drop and signaling that the company is struggling to reach new buyers. That means Tesla’s Cybertruck, which is the company’s first true new model since 2020, did little to boost the company’s growth in its first full year of sales.

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Police investigating Cybertruck fire outside Trump hotel in Vegas

A Tesla Cybertruck that caught fire Wednesday morning just outside the Trump International Hotel in Las Vegas is being investigated by local law enforcement. The Las Vegas Metropolitan Police Department said in a post on social media site X that the fire was out and being investigated. The fire was reported around 8:40 a.m. PT,

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Elon Musk’s promises for Tesla in 2024, from robotaxis to Optimus bots

Elon Musk had an eventful 2024, what with his hard push into right-wing politics and leveraging his X social media platform and considerable influence to help Donald Trump win the presidential election. Putting politics aside for a moment, it’s worth focusing on another Musk pastime: making promises for Tesla. The Tesla CEO’s promises — and

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The trends that shaped EVs, robotaxis, and electric flight in 2024

If there was one phrase that captured the vibe and theme of 2024 — at least in the transportation sector — it was business whiplash. Legacy automakers changed direction on their all-EVs-or-bust strategy, startups pivoted, and some Silicon Valley VCs and executives adjusted their views to a changing political landscape, in which they now are

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