The White House South Lawn was the backdrop for an unusual event. President Trump, flanked by Tesla CEO Elon Musk, showcased a line of Tesla vehicles. This wasn't just a casual meet-and-greet; it was a public display of support for the electric car company. Tesla's stock had been on a roller coaster
A new player in the battery game is here to shake things up. Daqus Energy has been quietly working on a new material called TAQ. It's cheaper and lighter than what's out there now. This could be a game-changer for electric sports cars. But there's a catch: it's not perfect yet. The big deal with TA
India is making big moves in the green tech world. A major German tech company, Infineon Technologies, has just joined forces with an Indian semiconductor firm, CDIL Semiconductors. This partnership is all about creating chips for electric vehicles (EVs) and renewable energy systems. Why is this a b
Xiaomi, a company known for making affordable tech, is now aiming for the high-end market. They just launched two new smartphones, the Xiaomi 15 and the Xiaomi 15 Ultra. Both phones use Qualcomm's latest processor, the Snapdragon 8 Elite. The Ultra model has a better camera and a larger screen. The
Tesla's Cybertruck recently underwent a dramatic test. The electric pickup was filmed smashing into a concrete wall at 35 mph. The front of the vehicle crumpled, but the rest seemed to hold its shape well. The test was part of a routine safety check. No one was behind the wheel during the test.
Lucid Motors is making a big change at the top. The company's CEO, Peter Rawlinson, who has been leading the company since 2013, is stepping down. He will no longer be the CEO or the CTO. Instead, he will become a technical advisor to the company's chairman. Marc Winterhoff, who is currently the chi
Rivian, the electric vehicle (EV) maker, recently announced its fourth-quarter earnings for 2024. The company managed to surprise investors by achieving a gross profit of 170 million dollars. This is a big deal because it's the first time Rivian has made a profit in a single quarter. However, the co
Nikola, an electric vehicle company, has hit a major roadblock. They've filed for Chapter 11 bankruptcy protection. This comes after months of warnings that they were running low on cash. It's a far cry from their heyday, when they were a Wall Street darling. Back in 2020, Nikola was valued at aroun
Nikola Corp, a company that once had investors and analysts buzzing, has taken a big step. They've filed for Chapter 11 bankruptcy protection. This means they're having a tough time keeping their business going. They couldn't find a buyer or get more money to keep running. Nikola's CEO, Steve Girs
Tesla is facing a tough time with sales dropping for the first time ever. This isn't a big deal for most companies, but Tesla had been growing super fast. In 2023, sales went down by 1% and in January 2024, sales were down 24% from December 2023. This isn't surprising because Tesla usually has a big
