Business

January 31, 2023

Elon takes the stand, Akio Toyoda hands over the CEO keys and layoffs come for Waymo

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every […]
January 31, 2023

Ford discounts its all-electric Mustang Mach-E in response to Tesla’s EV price war

Ford said Monday it has increased production and cut the price of its all-electric Mustang Mach-E crossover, the latest automaker to join an EV price war […]
January 30, 2023

Tesla’s energy storage arm caps 2022 with ‘highest level’ of deployments ever

The growth keeps coming for Tesla’s energy storage business. On Wednesday, the automaker said its home and utility-scale battery deployments reached 6.5 gigawatt hours (GWh) during […]
January 26, 2023

Tesla reports $24.3B revenue in the fourth quarter, beating Street estimates

Tesla just beat Wall Street revenue estimates for the fourth quarter of 2022. The company closed out Q4 with $24.3 billion in revenue, a 37% increase […]
January 25, 2023

Musk said he could have funded a Tesla buyout with SpaceX shares

Elon Musk testified Monday that he was not only certain he’d have the backing from Saudi financiers to take Tesla private in 2018, but also that […]
January 25, 2023

Musk oversaw misleading 2016 video saying Tesla drove itself

Musk published a blog post on Tesla’s website on October 19, the day before the video went up, that said all Tesla cars from that day […]
January 23, 2023

Zeekr goes on a hiring spree, Tesla kicks off a price war and Hesai files for an IPO

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every […]
January 22, 2023

Musk stands to lose billions in trial over ‘funding secured’ tweet

The question of whether Tesla CEO Elon Musk is a fraud or is just too careless with his words took center stage in a San Francisco […]
January 21, 2023

Tesla engineer testifies that 2016 video promoting self-driving was faked

Tesla faked a 2016 video promoting its self-driving technology, according to testimony by a senior engineer reviewed by Reuters. The video, which shows a Tesla Model […]
January 19, 2023

Uber drivers in Europe gain access to Tesla, Polestar and other EVs through Hertz

Uber has expanded an agreement with Hertz to get thousands of ride-hailing drivers behind the wheel of an electric car — this time in Europe. The […]
January 17, 2023

Tesla rolls into a pressure cooker, Paris mulls its scooter future, and the double SPAC arrives

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the […]
January 15, 2023

Tesla keeps slashing prices, this time by as much as 20%

Tesla has once again lowered prices of its EVs — this time for U.S. buyers — as the automaker scrambles to shore up demand. This is […]