Monarch Tractors won’t be built by Foxconn after Ohio factory sale
Monarch’s tractors were the only vehicles being built by Foxconn in Ohio after Lordstown Motors, Fisker Inc., and IndiEV went bankrupt.
Trump administration stops illegal freeze of $5B EV charger funds after losing in court
The money is on the table again, but with fewer requirements for proving out safety, environmental impacts, and inclusion of minority- and women-owned businesses.
Revel shuts down its ride-hail business to focus on EV charging
Revel has abandoned its small Uber and Lyft competitor four years after it started, and is looking to sell or return its bright-blue Tesla and Kia EVs.
SoftBank reportedly bought Foxconn’s Ohio factory for the Stargate AI project
Foxconn spent years promising electric vehicles would be built at the former Chevy Cruze factory. Now it will make AI servers.
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.
Rivian sues to sell its EVs directly in Ohio
Today, Rivian can sell EVs directly to consumers in 25 states and Washington D.C.
Tesla asks shareholders to approve $29B comp package for Elon Musk amid ‘AI talent war’
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.
Tesla partly liable in Florida Autopilot trial, jury awards $200M punitive damages
It’s one of the first major legal decisions about driver assistance technology that has gone against Tesla.
Ford to reveal more about its new low-cost electric vehicles on August 11
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.
Elon Musk’s Boring Company to build Tesla tunnels under Nashville
Construction could start fast — but that speed has edangered Boring Company workers in the past.