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When Tesla reincorporated from Delaware to Texas in June 2024, Musk told shareholders it was about escaping hostile courts. What he didn’t mention: Texas was already the home base for a personal empire of shell companies that blur the lines between his public and private interests in ways that should worry every Tesla investor. Texas…
The man who tweeted “Will own no house” in 2020 has quietly assembled more than 90 companies in Texas, used them to buy over 1,000 acres of land, two luxury hotel condos, and multiple houses for the mothers of his children. A New York Times investigation published today reveals just how far the gap has…
Nankai University researchers published a 700 Wh/kg lithium metal battery in Nature on February 25 — nearly three times the energy density of CATL's Qilin. The same team already has a 500 Wh/kg battery installed in a FAW Hongqi vehicle targeting mass production by end of 2026.
The dispute that has been consuming Giga Berlin for weeks just hit pause. Tesla and German union IG Metall reached a truce on Thursday in a Frankfurt (Oder) labor court, agreeing to drop the public back-and-forth over the February 10 recording incident until after next week’s works council election. The agreement, reported by Reuters, came…
A Reuters investigation published today — based on previously unreported California DMV records and a state spokesperson — reveals that Tesla logged zero miles of autonomous test driving on California public roads in 2025. That makes it six years in a row. Meanwhile, Elon Musk has spent more than a year telling investors and analysts…
One day after reporting Q4 earnings that beat revenue estimates, Lucid Group filed a WARN notice with California’s Employment Development Department disclosing 319 job eliminations at its Newark headquarters, effective April 21, according to the Mercury News. That’s the third consecutive year Lucid has filed layoff notices at the same address: 123 workers cut in…
The Boring Company has been sitting in Nashville with its Prufrock-MB1 tunnel boring machine since January, engine ready, waiting on permits. Today, the last major regulatory hurdle cleared. By tonight, the company announced it was already 2.5 feet into the ground. Tennessee Governor Bill Lee announced Wednesday that the Tennessee Department of Transportation (TDOT) and…
The man who led the development of Tesla’s Cybercab from concept to first production unit just walked out the door. Victor Nechita, who held the title of Vehicle Program Manager for the Cybercab, announced on LinkedIn that he’s leaving Tesla after nearly six years to move to Boston. The departure was first flagged on X…
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