General Motors claimed a new world record for EV driving on a single charge, after a Chevy Silverado EV traveled 1,059.2 miles without recharging its battery. The potentially record-breaking run took place over seven days on public roads near GM’s Milford Proving Ground and Detroit’s Belle Isle “using smart driving techniques” that included limiting the […]
Rivian is suing Ohio’s Department of Motor Vehicles over the state’s ban on car companies bypassing dealerships to sell cars directly to consumers. In the federal lawsuit, the electric vehicle company calls the ban “irrational in the extreme,” arguing that it decreases competition and reduces consumer choice. Rivian also notes that Tesla is allowed to […]
Tesla approved a restricted stock award of 96 million shares, worth about $29 billion, to “incentivize” the controversial billionaire to remain at the head of the company during a protracted legal battle over his original pay package. Last year, a Delaware court voided Musk’s pay package, valued at more than $50 billion, arguing that the […]
