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…
The electrification of the commercial job site continues with news that the first Volvo L25 Electric wheel loader has been delivered to a customer in Australia!
The first Volvo L25 Electric wheel loader in Australia was delivered to Allworks WA Pty Ltd, and the company’s…
Illinois Environmental Protection Agency Director John J. Kim has announced plans to spend more than $25 million on new EV charging infrastructure under the Driving a Cleaner Illinois program.
That $25.1 million of Illinois EPA money ($25,152,259.44, to be exact) is being…
Solana Developers Test Congestion Fixes in Testnet, Introduce Measures to Prioritize Traffic – Altcoins Bitcoin News
April 15, 2024
Anza, a collective of developers focused on the Solana blockchain, has produced a fix that aims to reduce the congestion that the network has been experiencing. The new version of Solana, now being tried in testnet, includes a feature called stake-weighted quality of service (SWQOS), that prioritizes transactions from higher quality validators.
Solana Gears up to Fight Congestion, Passes Fixes to…
JPMorgan Warns of Downside Risk in Crypto Markets
April 15, 2024
JPMorgan has warned of a downside risk in crypto markets, citing subdued crypto venture capital flows. The global investment bank’s analysts also remain cautious about the U.S. Securities and Exchange Commission (SEC) greenlighting spot ethereum exchange-traded funds…
In a recent legal challenge, Coinbase has filed a brief with the Southern District of New York, seeking permission for an interlocutory appeal against the U.S. Securities and Exchange Commission’s expansive interpretation of what constitutes an “investment contract” in…
Sea-Air-Space attendees step out of the naval conference in National Harbor, Maryland, to observe the solar eclipse April 8, 2024. (Colin Demarest/C4ISRNET)
NATIONAL HARBOR, Md. — This week, U.S. Navy leadership and some of the world’s largest defense contractors flocked to the Gaylord National Resort and Convention Center south of the nation’s capital for the 2024 Sea-Air-Space defense…
The U.S. Missile Defense Agency has awarded Lockheed Martin a contract worth up to $4.1 billion to continue to field, maintain and upgrade its battle command system, according to an April 11 contract announcement from the Defense Department.
The contract period runs May 1…
For those of us who maintain detailed forecasts of the global defense market, there are few times as exciting as the annual release of the new Future Years Defense Program (FYDP) budget and the 30-year ship building plan. The long-range plan lays out the path that must be…
China's Chery to set up shop in Europe
April 12, 2024
Chinese automaker Chery is planning to make cars in Spain, where the EV market is at just 12%, half that of Portugal and France. This would be Chery’s first manufacturing site in Europe.
It’s all part of the Chinese brand’s ambitious plan to set up three brands in Europe and launch three new models for each brand, all by 2026 – yet, unfortunately, Chery wants to bring ICE vehicles along…
