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Morgan Stanley Downgrades Lucid, Rivian to Sell, Warns of 'EV Winter' Into 2026
Lucid

Lucid Motors Cuts 319 Newark Jobs As Layoff Count Hits Third Year Running

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's Nashville Music City Loop Gets Final Green Light, Tunneling Already Underway
Model Y

The Boring Company’s Nashville Music City Loop Gets Final Green Light, Tunneling Already Underway

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…

Tesla's Cybercab Program Manager Quit the Day After the First Unit Rolled Off the Line
Cybercab

Tesla’s Cybercab Program Manager Quit the Day After the First Unit Rolled Off the Line

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…

Tesla’s Robotaxi Pilot Sparks Optimism with $475 Stock Target Boost
Tesla

Tesla’s Austin Robotaxis Crash Every 57,000 Miles, and Musk Just Removed the Safety Monitors

The first Tesla robotaxi crash in Austin happened just weeks after the service launched. The most recent batch of five happened in a single month. In between, the pattern stayed consistent: federal data shows Tesla’s autonomous fleet is hitting things at a rate that would get a teenage driver’s insurance canceled. Bloomberg’s Kara Carlson reported…

Rivian Bets $9.5 Million on Round Rock Service Center as R2 Launch Looms
R2

Rivian Q4 Earnings Beat Wall Street As R2 Delivery Guidance Stuns Analysts

The last time Rivian beat earnings expectations, in November 2025, October EV sales were already in freefall. The stock popped, the headlines cheered, and then reality showed up in the form of a 31% Q4 delivery plunge. Today’s Q4 report reads differently. Not because the backward-looking numbers are pretty, but because the forward-looking guidance just…

Tesla's Major Recall Over 2 Million Vehicles for Autopilot Safety Upgrade Model 3 Performance
Model Y

Tesla’s Door Handle Crisis Hits Congress: SAFE Exit Act Clears First Vote as Death Toll Mounts

Six months of covering Tesla’s door handle safety crisis. Six EVXL articles documenting trapped children, fatal crashes, and a design flaw Elon Musk insisted on despite engineer objections. On Tuesday, Congress finally moved, Bloomberg reports. The House Committee on Energy and Commerce forwarded the Securing Accessible Functional Emergency Exit Act, or SAFE Exit Act, to the…

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