GM Marking Juneteenth With Poignant Moment of Silence

GM Marking Juneteenth With Poignant Moment of Silence

General Motors plans to recognize Juneteenth, which marks the end of slavery in the U.S., Friday with 8 minutes and 46 seconds of silence. Juneteenth is June 19, and the period of silence matches the amount of time that the Minneapolis police officer knelt on Floyd’s...
Tesla Model Y Hammered by Quality Problems

Tesla Model Y Hammered by Quality Problems

Tesla appears to be facing significant quality problems with the new Model Y severe enough some customers are rejecting delivery of the battery-electric SUV, according to a variety of reports, including those in Tesla online forums. The problems reportedly cover a...
China Passenger Car Sales Rise Slightly in May

China Passenger Car Sales Rise Slightly in May

China’s auto industry continues to claw back from the coronavirus as companies saw a 1.9% increase in year-over-year sales in May with luxury cars leading the charge. The China Passenger Car Association said that premium and luxury passenger car retail sales rose 28%...
Nikola Completes $700M Merger, Adds Girsky to Board

Nikola Completes $700M Merger, Adds Girsky to Board

Fuel cell technology leader Nikola Corp. completed its merger with VectoIQ Acquisition Corp. netting $700 million in cash, a new ticker symbol and some high-powered help in the form of a new board member. The deal, which was initially announced in March, just needed...
Tesla Lets Some Employees Wait Until May 31 to Return to Plant

Tesla, Alameda County Reach Compromise on Plant Restart

Tesla Inc. and Alameda County officials reached a truce late Tuesday about how and when the company can restart operations at its plant in Fremont, California after CEO Elon Musk threatened to reopen the facility despite orders from the county to remain closed. The...