Cleantech & EV'sNews

Tesla skirts Austin's environmental rules at Texas gigafactory

Tesla has used a new Texas state law to exempt its Austin gigafactory from Austin’s environmental regulations, as reported by Austin Business Journal. Tesla’s Texas gigafactory is commonly referred to as being in Austin, but it is actually situated not far outside the city’s official borders. This is technically part of Austin’s “extraterritorial jurisdiction” (ETJ) an area around the…
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Tesla asks shareholders to move to Texas and re-pass Elon Musk's massive compensation plan

Tesla has filed a proxy with shareholders to ask them to vote for the company to move its state of incorporation to Texas and re-pass Elon Musk’s 2018 CEO massive compensation plan that was rescinded by a Delaware judge earlier this year. In January, a judge sided with lawyers representing a Tesla shareholder alleging that Tesla’s board misrepresented Elon Musk’s CEO compensation package…
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BMW just applied rebates to all its EVs in April

BMW’s 2024 EVs now have rebates ranging from $5,000 to $7,500 through April in the US – here’s how it breaks down. All 2024 BMW i4 and i5 EV sedans feature a $5,000 rebate through April 30, reports CarsDirect. Both the 2024 BMW i7 sedan and iX SUV have a $7,500…
Cleantech & EV'sNews

Ford’s BlueCruise hands-free driver assist under investigation after two fatal crashes

The National Transportation Safety Board is investigating two fatal crashes involving two separate Ford Mustang Mach-Es crashing into stationary vehicles, where three people have died. In at least one of the crashes, Ford’s BlueCruise hands-free driver-assist system was activated at the time of the crash, while the second one is under preliminary investigation. Here’s what happened. The first…
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Cleantech & EV'sNews

Tesla (TSLA) is rumored to be preparing a massive round of layoffs

Tesla announced to Gigafactory Texas employees that it will shorten Cybertruck production shift amid rumors that it is preparing a round of layoffs. We received several reports today from Tesla employees hearing rumors of an important round of layoffs happening this week at the company. Some of them are talking about layoffs as high as 20% of the workforce, which would mean tens of thousands of…
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