EV startup Faraday Future paid $7.5M to company tied to founder Jia Yueting
The perpetually struggling EV company made the payments while being investigated by the SEC. That four-year probe was ultimately closed in March.
electric vehicles
Tesla drops Musk’s $29B ‘interim’ award after Delaware court restored larger pay package
The company is following through on its promise to not let Musk “double dip” if he won his appeal to restore Tesla’s 2018 compensation package, worth $56 billion.
Tesla Q1 revenue rises, driven by EV sales and FSD subscriptions
Sales rebounded a bit from the first quarter of 2025, as Tesla throws a ton of money at massive bets like robotics, AI, and its own chip fab.
Redwood Materials lays off 10% in restructuring to chase energy storage business
The company is restructuring some teams to accommodate a booming energy storage business, according to emails viewed by TechCrunch.
Rivian’s factory hit by tornado ahead of R2 launch
Nobody was hurt after an EF-1 tornado hit the part of the factory where the R2 SUV is supposed to be built.
Ford EV and tech chief leaving automaker
Doug Field had stints at Apple and Tesla before joining Ford in 2021.
Monarch Tractor’s collapse ends with an acquisition by Caterpillar
The startup had faced mounting pressure from dealers, farmers, and a co-founder who complained that Monarch’s tech didn’t work properly.
Lucid Motors names new CEO, lands more money from Uber and Saudis
The search for a new CEO, which lasted over a year following the sudden resignation of Peter Rawlinson, is finally over.
Slate Auto raises $650M to fund its affordable EV truck plans
Slate Auto’s latest funding round was led by existing investor TWG Global, a firm run by LA Dodgers owner Mark Walter.
Slate Auto: Everything you need to know about the Bezos-backed EV startup
Slate auto burst onto the scene in April 2025. Here is a timeline that covers its origins, backers, product, and other new details.