Cars
Reuters
Jul 29, 2022, 12:00 AM
Tesla in a filing in federal court in Austin, Texas, where the company is based, said the workers who were terminated signed valid agreements to bring employment-related legal disputes in arbitration and to refrain from participating in class-action lawsuits.
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Reuters | Jul 28, 2022U.S. Not Expecting Saudi Arabia To Immediately Boost Oil OutputThe U.S. could secure a commitment that OPEC+ will boost production in the months ahead, which could send a signal to the market that supplies are coming if necessary.3 mins read
Reuters | Jul 28, 2022GM Signs Agreements With Suppliers, On Course To Reach 1 Million EV Capacity By 2025General Motors Co said on Tuesday it had signed multi-year agreements with LG Chem Ltd and Livent Corp to secure key raw materials used in manufacturing batteries for electric vehicles.1 min read
Reuters | Jul 28, 2022Jaguar Land Rover Names Bergmeier As Industrial Operations ChiefBritish carmaker Jaguar Land Rover (JLR) said on Friday it had hired former BMW executive Barbara Bergmeier for a newly-created role overseeing supply chains and industrial operations, at a time when the industry faces persistent supply shortages.1 min read
Reuters | Jul 28, 2022Rivian To Address Layoffs At Friday Meeting, Tesla To Cut 229 JobsElectric truck maker Rivian Automotive will brief employees on Friday on potential layoffs and plans to suspend some programs as part of a broader restructuring, Chief Executive R.J. Scaringe said in an email sent to employees on Monday evening.1 min read
Reuters | Jul 28, 2022Twitter Gets Fast-Tracked Elon Musk Trial Over $44 Billion DealTwitter Inc will get an October trial in its legal fight to hold Elon Musk to his $44 billion takeover, after a Delaware judge said on Tuesday the social media company deserved a quick resolution of the deal's uncertainty.2 mins read
Reuters | Jul 28, 2022Musk Says Tesla Could Lower Car Prices If Inflation SlowsTesla Inc Chief Executive Officer Elon Musk said the electric automaker could lower prices for cars if inflation calms down.1 min read
Reuters | Jul 28, 2022Tata Motors Aims To Sell 50,000 EVs In This Fiscal YearTata Motors aims to sell about 50,000 electric vehicles (EVs) in the fiscal year to March 31, and double that in the 2023/24 period, Chairman N Chandrasekaran told a shareholders' meeting on Monday.1 min read
Reuters | Jul 28, 2022Oil Settles Higher On U.S. Inventory Drop, Russia Gas CutsOil settled up more than $2 on Wednesday as a report of lower inventories in the United States and cuts in Russian gas flows to Europe offset concern about weaker demand and a U.S. interest rate hike.1 min read
