Image: Hauke-Christian Dittrich (AP) Tesla’s latest round of layoffs have left both the auto industry and company stock holders shook. Falling sales have forced the automaker to cut 10 percent of its total staff. Its left broadsided workers confused as they try to make heads or tails of severance packages that look to be pretty … Read more
Photo: NASA/Ben Smegelsky NASA is looking for its next class of astronauts as the space agency ramps up its efforts to establish a permanent human presence on the Moon. While the public is free to apply online until April 16, the strict requirements mean that only a small sliver of the population has the flight … Read more
Billionaire and sister to former Secretary of Transportation Elaine Chao, Angela Chao, drowned in her Tesla Model X after accidentally reversing into a pond on a 900-acre Texas ranch last month. She’d reversed her Tesla Model X when she meant to drive forward during a K turn — a common problem with the vehicle among owners. … Read more
If there’s one thing that fans of ’80s and ’90s BMWs know is an irrefutable fact, it’s that ever since Chris Bangle got his grubby little paws on the German automaker’s designs, everything there is to love about BMW has been ruined. Ask the folks over at Consumer Reports, though, and they would beg to … Read more
Overall, the U.S. auto industry has largely recovered from the supply chain issues that drove the cost of new cars through the roof and brought the price of used cars up along with it. Not all new cars are selling below MSRP now, but enough are that you can generally expect to find a deal … Read more
Elon Musk’s Tesla can apply for incentives under the National Programme on Advanced Chemistry Cells (ACC) Battery Storage, Minister of State for Heavy Industries, Krishnan Pal Gurjar informed the Rajya Sabha on Friday. He was responding to question on whether a separate policy for providing incentives to Tesla is being formed. While answering another question, … Read more
Happy Friday! It’s February 2, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Walter Isaacson On Elon Musk(s) 1st Gear: Could Tesla Move To Texas? After a Delaware court ruled that Elon … Read more
A court in the US state of Delaware has voided a multi-billion dollar pay deal that was awarded to Elon Musk in 2018 by Tesla. The financial compensation package, consisting of $55.8 billion, was dubbed “an unfathomable sum” by Chancery Court Chief Judge Kathaleen McCormick. The lawsuit, which has been ongoing for years, was filed … Read more
Tesla CEO Elon Musk visited the former Nazi death camp Auschwitz in Poland on Monday and declared himself “aspirationally Jewish”. The X CEO made the comments during a discussion with commentator Ben Shapiro at the annual conference of the European Jewish Association in Krakow after the visit to the site. “I have twice as many … Read more
The National Aeronautics and Space Administration said it isn’t aware of drug use at Elon Musk’s SpaceX that could jeopardize the rocket launch and satellite-service provider’s government contracts.“The agency does not have evidence of non-compliance from SpaceX on how the company addresses the drug- and alcohol-free workforce regulations,” the National Aeronautics and Space Administration said … Read more
