Washington state legislators just voted overwhelmingly to allow Rivian and Lucid to sell electric vehicles directly to consumers, ending a 12-year arrangement that gave Tesla exclusive access to direct sales in the state.
Senate Bill 6354 passed the House 84-9 and the Senate 47-2 — a bipartisan blowout that now heads to Governor Bob Ferguson’s desk for signature.
Electric hydrofoiling boat maker Candela just pulled off something that’s getting harder to do in today’s climate tech landscape: raise a significant new round of funding – and do it while the rest of the sector is cooling off.
China’s clean energy boom is saddled with a major challenge: what to do with all its old wind and solar equipment.
Solid-state batteries are called the “holy grail” of EV battery tech for a reason, right? The new battery tech is quickly moving from the lab to the real world, with some claiming to unlock over 800 miles of driving range.
Tesla’s “Terafab” semiconductor ambitions to launch this week carry an estimated price tag of $25-40 billion. The math is getting hard to reconcile with a company that generated just $6.2 billion in free cash flow last year while its earnings crashed.
Tesla hasn’t raised capital through a stock offering since December 2020, when it completed the last of three at-the-market offerings that brought in roughly $12 billion in a single year. The Terafab changes the equation entirely.
Raffi Krikorian, Mozilla’s CTO and the former head of Uber’s self-driving car division, totaled his Tesla Model X while using “Full Self-Driving” on a residential street. His kids were in the back seat.
In a new essay published in The Atlantic, Krikorian breaks down the accident and offers what might be the most informed critique yet of the fundamental problem with Tesla’s approach to “supervised” autonomy — from someone who literally built self-driving systems for a living.
