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Evicted — electric tractor company Solectrac hasn’t made rent in months

Electrek

Ideanomics -backed electric farm tractor builders Solectrac offered farmers quiet, clean, and reliable operation with mountains of torque – but the latest news out of California is all bad as the company faces eviction and its dealers abandon the brand.

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The Ultimate Battery Company recognised for a battery technology breakthrough

Innovation News Network

The Ultimate Battery Company has announced its recent victory at the DMTAA at the Defense Manufacturing Conference 2023. The post The Ultimate Battery Company recognised for a battery technology breakthrough appeared first on Innovation News Network.

Companies 111
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Hertz CEO steps down following Tesla and EV debacle costs company big

Teslarati

Hertz CEO Stephen Scherr has decided to step down following the rental firm’s big bet on Tesla and other EVs went awry, as the debacle cost the company big. Then, it decided to bulk up its fleet with more cars from other EV companies, including Polestar and GM. ” I’d love to hear from you!

Companies 120
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The Boring Company acquires more land for Vegas Loop expansion: report

Teslarati

Reports have indicated that Elon Musk’s tunneling startup, The Boring Company, has purchased a new piece of land in Las Vegas. As noted in a report from the Las Vegas Review-Journal , a firm affiliated with The Boring Company, Object Dash, bought a 1.8-acre Don’t hesitate to contact us with news tips.

Las Vegas 117
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Breaking: Electric motorcycle company CAKE quietly files for bankruptcy

Baua Electric

There has been no announcement from the company itself, which as recently as last week was still making press announcements including about further European expansions. The majority of the company is owned by just a few key individuals and funds: AMF, Swedish pension company: 11.3%. But it’s not all bad news.

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Tesla stock: analyst calls EV maker a ‘growth company with no growth’

Teslarati

Tesla ( NASDAQ: TSLA ) was labeled a “growth company with no growth” by Wells Fargo analyst Colin Langan, who said in a note to investors on Wednesday that he expects a leveling off of sales in 2024 and a drop in 2025. market but is being challenged by domestic companies in both Asia and Europe. I’d love to hear from you!

Companies 115
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Tesla Dojo project lead departs company

Teslarati

Tesla’s Dojo Supercomputer project lead, Ganesh Venkataramanan, has left the automaker, dealing a potential blow to the company’s self-driving efforts as it will now scramble to work with a new leader. You can also reach me on Twitter @KlenderJoey , or if you have news tips, you can email us at tips@teslarati.com.

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