Tesla cut 10 percent of its workforce a few weeks ago, and now we’re getting a better look at what sort of severance package its recently laid-off workers are getting. CEO Elon Musk sent an email to impacted employees late at night on April 14 letting them know they were immediately terminated and cut out of Tesla’s…

Read more...

Jurisdictions around the world are imposing EV mandates, regulating ICE vehicles out of production and sale. This is probably a necessary step to prevent us all from drowning in our homes, but the folks who sell ICE vehicles aren’t happy about it. Case in point: Stellantis CEO Carlos Tavares, speaking to a group of UK…

Read more...

We learned last month that despite Fisker beginning production on its Ocean SUV, the startup automaker lost nearly half a billion dollars last year and desperately needed a bailout. Nissan was reportedly in negotiations to give Fisker $400 million, but that apparently fell through, so it looked like bankruptcy was the…

Read more...

There’s something slightly unnerving about seeing an enormous cruise ship out of water. A skyscraper-sized vessel propped up by a few planks of wood in a barren dry dock is definitely strange to see, but it gets even odder when you watch workers slowly cut a ship in half in pursuit of making the vessel even longer.

Read more...

Google parent Alphabet crossed the $2-trillion threshold for market capitalization on Friday, thanks to a stock surge powered partly by its work with generative artificial intelligence.

Read more...

Apple and Google have removed apps that promised deepfake nudes from the App Store and Google Play, according to a report from 404 Media.

Read more...

Former Tesla executive Andrew Baglino is looking to pocket some cash wealth on his way out the electric vehicle-maker’s door. Baglino, who resigned last week as the company’s senior vice president for energy engineering and powertrain, sold 1.14 million of his shares in Tesla on Thursday, according to a filing with…

Read more...

It was a strong day for all three major U.S. stock indexes after a big selloff the day before. Google parent Alphabet crossed the $2 trillion threshold for market capitalization on Friday.

Read more...

Online fast-fashion retailer Shein will soon face stricter digital regulations from the European Union, the world’s largest trading bloc said in a statement on Friday.

Read more...

The U.S. Food and Drug Administration (FDA) said on Thursday that genetic fragments of the H5N1 bird flu virus have been detected in one in five retail samples of milk it tested. This comes just days after the agency first said it found inactive traces of the virus in the commercial milk supply.

Read more...