Ford invests $500M in Rivian to tackle Tesla, future electric vehicles

Rivian R1T electric pickup conceptElectric vehicle company Rivian announced on Wednesday that Ford has invested $500 million in it, in return for Rivian's help developing a new electric Ford model. Rivian recently took $700 million in investment from Amazon and others. Rivian reportedly held talks with General Motors earlier in the year. Rivian CEO RJ Scaringe told Bloomberg at...

Report: Tesla-Panasonic battery waste could lead to battery flaws

Tesla Gigafactory in Sparks, Nevada [CREDIT - YouTube user California Phantom]Tesla's manufacturing struggles to build the Model 3 at its Fremont, California, factory have been well documented. The same can't be said for its partner Panasonic, as it struggles to build enough new lithium-ion batteries to power them. A report by Business Insider, quoting three current and former employees, says that the company scraps enough...

Musk aims to transform Tesla into self-driving robo-taxi company

2017 Tesla Model S testing at Consumer ReportsAt an investor presentation on Monday, Tesla CEO Elon Musk laid out plans essentially to transition the company from a traditional car manufacturer to an operator of self-driving “robo-taxis.” Musk reiterated a statement he made in January that all Tesla cars built since last month will have “feature complete” full...