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Tesla just increased its capex to $25B. Here’s where the money is going.

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Tesla’s planned capex for 2026 is three times higher than what the company has historically spent. Its CFO said, as a result, Tesla will have a negative free cash flow the rest of the year.

Tesla just increased its capex to $25B. Here’s where the money is going. Read More »

Elon Musk admits millions of Tesla owners need upgrades for true ‘Full Self-Driving’

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The admission could open Tesla to legal challenges after it spent years promising customers they were just one software update away from owning fully autonomous cars.

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Tesla Q1 revenue rises, driven by EV sales and FSD subscriptions

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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.

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Rivian R2 production has started despite tornado damage to factory

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The company’s all-important mass-market EV is just about ready to start heading to customers.

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BMW’s flagship 7 Series gets its ‘Neue Klasse’ upgrade

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Ever since BMW first announced its “Neue Klasse” next-generation electric vehicle architecture and design language way back in 2021, the question on many fans’ minds was when the new technology would reach the automaker’s flagship 7 Series. Well, that moment has finally arrived. Today, at events in New York City and Beijing, BMW unveiled its […]

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Redwood Materials lays off 10% in restructuring to chase energy storage business

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The company is restructuring some teams to accommodate a booming energy storage business, according to emails viewed by TechCrunch.

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Amazon taps Sweden’s Einride for its electric big rigs

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The agreement comes just as Einride is finalizing a merger with blank-check company Legato Merger Corp. to go public.

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Mercedes’ first all-electric C-Class is its sportiest one yet

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The Mercedes-Benz C-Class, typically a benchmark in luxury compact sedans, now gets an all-important electric variant. The new C 400 4MATIC is built on an 800-volt architecture designed for efficiency and long-distance travel. Its estimated range is up to 762 kilometers (473 miles) on the WLTP cycle. And Mercedes boasts that it’s the “sportiest C-Class […]

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Tesla launches robotaxis in Dallas and Houston, and oops, it’s already unavailable

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Tesla claims to have launched a robotaxi service in Dallas and Houston over the weekend, but so far, online crowdsourcing tools indicate that very few cars are actually available. On Saturday, @TeslaRobotaxi posted a 14-second video of a Model Y vehicle driving without any human safety monitor in the front seats. Elon Musk re-posted the […]

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Rivian’s factory hit by tornado ahead of R2 launch

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Nobody was hurt after an EF-1 tornado hit the part of the factory where the R2 SUV is supposed to be built.

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