In a move to expand Tesla’s self-driving technology, Elon Musk visited China to discuss potential partnerships with local companies. Musk met with government officials and tech leaders to explore opportunities for collaboration in the autonomous vehicle sector. Tesla aims to accelerate the rollout of self-driving capabilities in its vehicles to stay ahead in the competitive electric car market.
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All of Canoo’s employees are reportedly on a ‘mandatory unpaid break’
EV startup Canoo recently furloughed dozens of employees without pay and informed the remaining staff of a "mandatory unpaid break" until the end of the year, locking them out of company systems by the end of Friday. The company, facing financial challenges with only $700,000 in the bank last month, announced a reverse stock split and aims to attract more investors. Canoo, founded in 2017, has struggled to sell electric vehicles and has faced executive...
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