Milan Kovac, head of Tesla's Optimus humanoid robot program, is leaving the company to spend more time with family, and he said that his support for Musk and Tesla is "ironclad."

The idea of becoming a real estate investor for as little as $5 may seem too good to be true. And for many users of Landa, a proptech company that promised just that — it has been. Landa emerged from stealth in August 2022, announcing a total of $33 million in funding and a pledge […]

Electric boat startup Arc has a new model that is its cheapest and most approachable watercraft yet. The new boat is called the Arc Coast, and it will start at $168,000. The company is taking preorders now and says the Coast will ship in 2026. The Coast is what’s known as a “center console” boat, […]

The judge in Canoo’s bankruptcy case has blocked an attempt by a mysterious financier to disrupt the sale of the EV startup’s assets. In a hearing Tuesday, Judge Brendan Linehan Shannon ruled the financier, a U.K.-based man named Charles Garson, lacked standing to request the sale to Canoo’s own CEO be vacated. While Garson had […]

A mysterious investor out of London has asked a bankruptcy judge in Delaware to stop the sale of EV startup Canoo’s assets to its CEO, calling it a “flawed” process. Charles Garson, a U.K.-based investor with no obvious ties to the EV startup, offered $20 million for Canoo’s assets, according to a filing. A lawyer […]

Slate Auto, the buzzy new EV startup that broke stealth this week, is close to locking in a former printing plant located in Warsaw, Indiana as the future production site for its cheap electric truck, a review of public records shows. The company is expected to lease the 1.4 million-square-foot facility for an undisclosed sum. […]

A new American electric vehicle startup called Slate Auto has made its debut, and it’s about as anti-Tesla as it gets. It’s affordable, deeply customizable, and very analog. It has manual windows and it doesn’t come with a main infotainment screen. Heck, it isn’t even painted. It can also transform from a two-seater pickup to […]

Troubled electric vehicle startup Faraday Future’s board of directors has appointed founder Jia Yueting as the company’s co-CEO, three years after he was sidelined following an internal probe into allegations of fraud — a probe that led to an investigation by the Securities and Exchange Commission that remains ongoing. Jia will serve alongside current CEO […]

Protests against Elon Musk and Tesla have been spreading around the world thanks to the CEO’s involvement in the Trump administration. Now those protests are listed as an official “risk factor” in paperwork Tesla is required to file with federal regulators. The new language, filed with the Securities and Exchange Commission on Wednesday morning, shows […]

A court hearing on the sale of bankrupt electric truck startup Nikola’s assets to Lucid Motors was going smoothly on Friday. No objections had been filed to the transaction, and Delaware bankruptcy judge Thomas Horan verbally approved it without hesitation. Until, that is, a lawyer piped up on the Zoom call toward the end of […]

A new shipbuilding startup called Blue Water Autonomy has emerged from stealth with the promise of developing captain-less naval ships. The Boston, Massachusetts-based company has raised a $14 million seed round from Eclipse, Riot, and Impatient Ventures. The startup was founded in 2024 by former members of the U.S. Navy, leaders of Amazon Robotics, and […]

General Motors is laying off 500 workers at a factory in Canada because of weak demand for its all-electric BrightDrop vans, according to CNBC. GM told CNBC that the cuts were not related to the ongoing trade war being waged by President Donald Trump. The company is cutting one of the two shifts at the […]

The sale of bankrupt EV startup Canoo’s assets to its CEO has been okayed by the judge overseeing the case. After evaluating a number of limited objections to the sale, Judge Brendan Shannon said in a hearing Wednesday he believes the process was fair and that no one else but Canoo CEO Anthony Aquila made […]

Jeff Bezos is funding a secretive EV startup based in Michigan called Slate Auto that could start production as soon as next year, according to multiple sources and documents that link the billionaire’s family office to the startup. Slate, which took root in another Bezos-connected company called Re:Build Manufacturing, has been operating quietly since its […]