Tesla no longer plans to reach “volume production” of three of its newest products (the Cybercab, the Tesla Semi and its Megapack 3 commercial energy storage solution) in 2026, according to a second-quarter shareholder letter released Wednesday. The company also removed language from its first-quarter letter about its Optimus robot reaching “volume production.” The company
Talking on the phone and smoking cigarettes could soon have something in common: being legally prohibited on airplanes. A bill introduced by lawmakers in the House of Representatives last month would make it illegal to receive phone or video calls from the air, an issue that is becoming increasingly relevant as WiFi access in the
Tesla has brought an unspecified number of its unattended Model Y SUVs to Orlando and Tampa, just one day before the company’s scheduled second-quarter earnings call. This is the third Florida city where Tesla is testing its fledgling robotaxi service, following a small launch in Miami a few weeks ago. The two new cities appear
Battery materials startup Sila announced Tuesday that it raised $300 million to expand its factory in Washington state to produce enough anode material for more than 100,000 electric vehicles. Sila’s expansion comes as demand for electric vehicles in the United States has weakened in the wake of the Trump administration’s efforts to cripple propulsion technology.
Swedish electric and autonomous truck company Einride has agreed to acquire electric vehicle charging startup Flipturn in an all-stock deal worth $38 million. The acquisition, Einride’s first as a publicly traded company, will expand its electric vehicle charging ecosystem as it works to scale its electric truck business. The deal is expected to close this
The price tag for General Motors’ electric vehicle reboot has soared to nearly $11 billion. During the automaker’s Tuesday earnings update, executives said GM recorded an electric vehicle-related charge of nearly $2.3 billion in the most recent quarter. That brings the automaker’s total related costs to $10.9 billion from the second half of 2025, as