Foxconn sells former GM factory to mystery buyer after failing to make EVs
The company has spent more than three years claiming the factory would become an “important” EV hub. But it has barely produced anything there.
The company has spent more than three years claiming the factory would become an “important” EV hub. But it has barely produced anything there.
Today, Rivian can sell EVs directly to consumers in 25 states and Washington D.C.
The plan would be voided if the Delaware Supreme Court overturns the decision to spike Musk’s $56B comp plan from 2018. A judge ruled in 2024 that plan was unfairly negotiated.
It’s one of the first major legal decisions about driver assistance technology that has gone against Tesla.
Jim Farley, Ford’s CEO, has touted this as a “Model T moment” — but the first of these new EVs won’t come out until 2027.
Construction could start fast — but that speed has edangered Boring Company workers in the past.
The assets of Convoy are now in the hands of DAT Freight & Analytics.
It’s one of just a few similar partnerships Lyft has struck, while rival Uber has an increasingly long list of robotaxi deals.
There will be an employee in the driver’s seat — a big change from how things have been working in Austin.
In a red-hot acquisition market, the CVector founders answer this key question in its first conversation with prospective customers.