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Tesla Sues Ex-Supplier for Alleged $1B+ Battery Trade Secret Theft
Tesla

Tesla Sues Ex-Supplier for Alleged $1B+ Battery Trade Secret Theft

Tesla has filed a bombshell lawsuit against its former supplier Matthews International, accusing the company of stealing trade secrets related to electric vehicle battery technology and sharing them with Tesla’s competitors. The suit, filed Friday in California federal court, claims damages exceeding $1 billion, reports Reuters. According to the complaint, Matthews began supplying Tesla with…

Tesla

Tesla in Self-Drive Mode Slams into Police Car in Orange County

Self-Driving Tesla Crashes into Parked Patrol Vehicle A Tesla Model S in self-driving mode crashed into a parked police car in Orange County, California, on the same day Elon Musk’s substantial pay package was approved at Tesla’s annual shareholders meeting in Austin, Texas. Tesla Model S Incident Details Early Thursday morning, a Fullerton Police Department…

Tesla

Tesla Shareholders Reaffirm $45 Billion Pay Award for Elon Musk

Musk’s Lucrative Compensation Plan Gets Green Light Tesla shareholders have reaffirmed a massive $45 billion pay package for CEO Elon Musk, overturning a court decision that blocked the award. The vote, which took place at Tesla’s annual meeting in Austin, Texas, signals strong shareholder confidence in Musk’s leadership despite ongoing controversies and legal battles, reported…

Electric Vehicles Revolution: New Federal Rebates Fuel the Future - German Suppliers Embrace Chinese EV Ambitions in Europe
Tesla

McKinsey Study Reveals Growing Dissatisfaction Among EV Buyers

The electric vehicle (EV) industry is reportedly facing a significant challenge as a substantial percentage of EV buyers in the United States are considering returning to combustion engine cars. According to a McKinsey & Co. survey, almost 40% of U.S. EV buyers want to go back to combustion engine cars, citing inadequate charging infrastructure, high…

Tesla

China Slams EU’s “Wrong Practices” on EV Tariffs, Urges Dialogue

China has strongly criticized the European Union’s decision to impose tariffs of up to 38.1% on Chinese electric vehicles, calling it protectionist behavior and urging the EU to correct its “wrong practices,” reports Reuters. The reaction from China and other stakeholders, including European and Chinese automakers, highlights the opposition to the EU’s move and the…

Ford and GM Spark Tesla's Charging Dominance. Tesla Model # Performance at a Tesla Supercharger location. Copyright EVXL.co
Tesla

EV Charging Cable Thefts Surge Amid Skyrocketing Copper Prices

In a disturbing trend sweeping the nation, thieves are targeting electric vehicle (EV) charging stations, stealing valuable copper cables and leaving EV owners stranded without a charge. As the price of copper soars to record highs on global markets, criminals are cashing in by selling the stolen cables, disabling entire charging stations in the process,…

EV Tensions Rise: EU Launches Subsidy Probe, China Reacts Strongly
Tesla

EU’s EV Tariff Hike on China Sparks Trade War Fears

The European Union’s decision to impose additional tariffs of up to 38.1% on electric vehicles imported from China has drawn criticism from Beijing and raised concerns about a potential trade war. The move follows an investigation into China’s state support for its EV industry, which the EU believes is causing harm to European carmakers, reports…

Tesla

Tesla’s Gigafactory Texas Tour: Shareholders Get an Exclusive Peek

Tesla is giving some lucky shareholders an inside look at its Gigafactory Texas. The company recently announced it would offer this unique tour to randomly selected shareholders who participated in a recent vote. Exclusive Invite to Giga Texas Just weeks ago, Tesla revealed that shareholders who voted their shares would have a shot at a…

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