Tesla’s Cybertruck will be late to the party when it arrives late next year, but there are new signs of progress confirmed by CEO Elon Musk and a rare look at the interior of the latest prototype.
Theme Park Rangers Radar 24: Minion and manatee mania plus dancing in the streets
Toyoda, 66, has sought to reform the automaker’s corporate culture, spending more time with younger executives, and cutting back some senior positions.
Stellantis prepares for layoffs at suburban Detroit stamping plant
The automaker did not specify the number of employees being laid off but said, in an emailed statement to Reuters, that the decision was made “in order to operate the plant in a more sustainable manner.”
Electric Last Mile's bankruptcy petition shows more than $50 million in liabilities
Once a rising EV star with a $1.4 billion valuation, the company was unable to recover from an abrupt loss of leadership and regulatory troubles on top of a lack of financing and manufacturing capabilities.