Tesla to Move HQ to Austin Texas

Electric carmaker Tesla has announced that it will be moving the company’s corporate headquarters from Palo Alto, California to Austin, Texas. Tesla CEO, Elon Musk made the surprise announcement during Tesla’s annual meeting of the company’s shareholders. Musk stated: “I’m …

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Tesla Ordered to Pay $137 Million in Damages to Racially Abused Worker

A San Francisco federal court ruled that automaker Tesla must pay a former worker approximately $137 million in damages after he was subjected to a hostile and racist work environment. Owen Diaz was awarded $130 million in punitive damages and …

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Tesla Autopilot Faces NHTSA Investigation After Series of Crashes with Parked Emergency Vehicles

The US federal agency on road safety has opened a formal investigation on Monday into Tesla’s driver-assistance system known as Autopilot after a series of collisions with parked emergency vehicles. The investigation would cover almost everything that Tesla has sold …

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U.S. President Joe Biden Aims for 50% of New Vehicles to be Electric by 2030

United States President Joe Biden has signed an executive order on Thursday aimed at making half of all new vehicles zero emissions by 2030 and cutting pollution with new vehicle emission rules by 2026. The 50% target, while non-binding and …

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EU Fines Volkswagen & BMW $1B in Emissions Conspiracy

The European Union has fined German automakers Volkswagen and BMW $1 billion for colluding to curb the use of emissions cleaning technology they had developed. According to the EU’s executive commission, Audi, Porsche, and Daimler were also implicated in the …

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Elon Musk Announces Tesla to Accept Bitcoin Again

Elon Musk has announced on Sunday that Tesla will resume allowing bitcoin transactions once miners use more renewable energy. “When there’s confirmation of reasonable, (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing bitcoin transactions,” …

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