Nissan to Slash 10,000 More Jobs Amid Persistent Performance Woes

May 13 2025 – Japanese broadcaster NHK reported today that Nissan Motor Co. has finalized plans to cut an additional workforce of over 10,000 employees both domestically and internationally as the automaker battles worsening financial performance and aims to revitalize its operations. When combined with previous restructuring initiatives, the group’s total layoff count is projected…

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Volvo Unveils $1.9B Cost-Cutting Drive, Shares Slide Nearly 10%

April 30, 2025 – Volvo Cars unveiled a significant cost-reduction initiative on Tuesday, local time, targeting an estimated $1.87 billion in savings, while simultaneously retracting its financial outlook for the upcoming years amid a sharp decline in first-quarter operating profits. The Swedish automaker’s latest financial report revealed a substantial drop in operating profit, plummeting to…

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iPhone 17 Air & Pro Mockups Revisited: Slimmest Design Yet and Camera Bar Upgrades in Focus

April 30, 2025 – Yesterday, the YouTube channel AppleTrack unveiled a video featuring a collection of iPhone 17 series mockups, offering a detailed side-by-side comparison with the iPhone 16 lineup. According to the mockups showcased in the video, the iPhone 17 Air sports a distinctive “horizontal runway” design, measuring an incredibly slender 5.5mm to 5.6mm…

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Tesla Ramps Up Hiring: Over 1,000 New Workers to Accelerate Semi Electric Truck Production

April 30, 2025 – Tesla is reportedly accelerating the production ramp-up of its highly anticipated Semi electric semi-truck at an unprecedented pace, according to insiders familiar with the matter. The company has recently hired over a thousand factory workers at its Nevada facility, marking a significant step toward fulfilling its long-standing commitment to mass-producing the…

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Tesla Reveals Semi Factory Construction Advancements, First Mass-Produced Units Expected by Year’s End

April 29, 2025 – Tesla has recently unveiled a video providing insights into the progress of its dedicated production facility for the Semi electric truck, located near the Gigafactory Nevada. Additionally, the company has showcased, for the first time, the exclusive design concept for the truck’s branding. Dan Priestley, the project lead for Tesla Semi,…

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Tesla’s Secret Weapon? Enigmatic Vehicle Caught on Camera Amid Budget Lineup Rumors

April 28, 2025 – During Tesla’s first-quarter 2025 earnings call, Lars Moravy, the automaker’s vice president of vehicle engineering, dropped hints about the design trajectory of an upcoming affordable model slated for release this year. Moravy emphasized that while the forthcoming vehicle would align aesthetically with Tesla’s existing lineup, its pricing strategy would target a…

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Cybertruck’s ‘Wade Mode’ Fails: California Owner’s River Crossing Ends in Submersion After Musk’s Bold Claims

April 27, 2025 – A Tesla Cybertruck owner in Truckee, California, found himself in a sticky situation after taking Elon Musk’s bold claims about the vehicle’s amphibious capabilities a bit too literally. The incident, which unfolded after the owner attempted to navigate a water crossing, has reignited debates about the line between experimental promises and…

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Uber Faces FTC Lawsuit for Secretly Charging Users in Subscription Scheme

April 22, 2025 – The Federal Trade Commission (FTC) has filed a lawsuit against Uber in San Francisco, alleging that the ride-hailing giant secretly enrolled users in its Uber One subscription program without their knowledge and engaged in deceptive marketing practices regarding the service’s benefits, as reported by Reuters. Uber One, priced at 9.99permonth,offersdiscountsonridesandfooddelivery.However,theFTC’scomplaintclaimsUberfalselyadvertisedthatsubscriberscouldsaveupto25 monthly—a…

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Musk Calls Tesla Odometer Manipulation Lawsuit ‘Stupid’

April 22, 2025 – Tesla Inc. is embroiled in a class-action lawsuit alleging that the electric vehicle manufacturer manipulated odometer readings to sidestep warranty obligations. The suit claims that Tesla intentionally accelerated odometer counts, pushing vehicles beyond warranty coverage sooner than anticipated to reduce repair costs. Tesla and its legal counsel have vehemently denied all…

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