Fred Lambert

A new SEC filing reveals that Uber Technologies has become a major shareholder of Lucid Group, holding 37.7 million shares of Class A common stock — an 11.5% ownership stake that makes the ride-hailing giant one of Lucid’s largest investors outside the Saudi Public Investment Fund.

The filing, a Form 3 submitted to the SEC on April 20 with an event date of April 14, confirms that Uber has crossed the 10% ownership threshold after pouring a total of $500 million into the struggling EV maker as part of their expanding robotaxi partnership.

Tesla (TSLA) will release its first-quarter 2026 financial results tomorrow (April 22) after the market close, with a conference call to follow. Despite leadership continuing to push the narrative that Tesla is now an “AI and robotics company,” the automotive business still drives the vast majority of Tesla’s financial performance.

Let’s look at what Wall Street and retail investors are expecting.

PG&E and Tesla have announced that the Cybertruck is now approved to sell power back to California’s grid through the utility’s residential Vehicle-to-Everything (V2X) pilot program. The approval comes with up to $4,500 in incentives toward equipment and installation costs.

What makes this notable: it’s the first time California has approved an AC-based vehicle-to-grid system for residential use — a technically simpler and cheaper approach than the DC-based setups that Ford and GM rely on in the same pilot.

Tesla has settled a wrongful death lawsuit filed by the family of an 18-year-old passenger killed in a 116 mph crash in Fort Lauderdale.

Plaintiffs alleged that a Tesla technician disabled a speed limiter without parental consent.

The settlement, with undisclosed terms, was confirmed Monday just as jury selection was set to begin in Broward County court.

Tesla launched its “Robotaxi” service in Dallas and Houston yesterday — expanding to two new cities for the first time since Austin. There’s just one problem: there are virtually no cars available.

Data from Robotaxi Tracker shows that Tesla’s new Houston and Dallas deployments have had 0% to 2% availability over the past 24 hours, with only brief spikes to around 50% during a narrow morning window before dropping back to zero. It looks like Tesla deployed a car or two in each city and called it a launch.

A YouTuber driving a Tesla Model X the entire length of the Americas ran out of battery in Chile’s Atacama Desert — the driest place on Earth — and had to deploy emergency solar panels on the side of the highway to survive.

The whole ordeal, captured on video, is a fascinating look at both the promise and the very real challenges of long-distance EV travel in regions where charging infrastructure remains sparse.

Tesla announced today that its “Robotaxi” service is now rolling out in Dallas and Houston, marking the company’s first expansion beyond Austin and San Francisco. The company shared maps of the two new service areas, which appear to cover small slices of each city.

The Houston geofence covers approximately 25 square miles, according to early user analysis of the maps, while the Dallas zone appears to center around the Highland Park area. For context, Tesla’s Austin geofence has grown to roughly 245 square miles after months of gradual expansion — but that took nearly a year to reach from an initial 20-square-mile footprint.

A YouTuber bought a completely stripped-down Tesla Model 3 for just $2,000 — no body panels, no windshield, no seatbelts — and took it off-roading, drifting, and even jumping it. The wildest part? It still showed 212 miles of range on a full charge.

The video, posted by Remmy Evans, is a testament to both the durability of Tesla’s drivetrain and the questionable decision-making that makes YouTube entertaining.

In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss Tesla having its HW3 reckoning, Ford reshuffling its EV unit, Donut Lab being in hot water, and more.

The Dutch Tesla owner who launched a collective claim against Tesla over FSD on HW3 cars called Tesla to ask about the €6,400 he paid for “Full Self-Driving” in 2019. After 7 years of waiting, Tesla’s answer was to “just be patient.”

It’s an almost comically tone-deaf response that perfectly encapsulates Tesla’s approach to the HW3 problem — and it’s only going to fuel the growing legal pressure in Europe.

Tesla is currently fighting on more than 20 active litigation fronts, ranging from Autopilot wrongful death suits to securities fraud and racial discrimination — with total potential financial exposure reaching as high as $14.5 billion. The company’s “hardcore litigation department” and its “corporate puffery” defense strategy have failed to stem the tide.

The situation is not stabilizing, it is accelerating. And what makes it truly alarming for Tesla is that the most dangerous lawsuits are still to come.

Tesla is requiring buyers of its limited Signature Edition Model S and Model X to sign a “No Resale Agreement” that threatens $50,000 in liquidated damages, or the full resale value, whichever is greater, if they flip the vehicle within the first year.

An invited buyer shared the agreement with Electrek, revealing that Tesla is reviving the same anti-flipping strategy it tried and ultimately abandoned with the Cybertruck back in 2023-2024.

New registration data confirms what Electrek has been reporting for six months: Tesla’s Cybertruck sales are being propped up by Elon Musk’s other companies. SpaceX alone bought 1,279 Cybertrucks in Q4 2025 — 18% of every Cybertruck registered in the US that quarter.

Without those inter-company purchases, Cybertruck registrations would have fallen 51% year-over-year instead of the numbers Tesla reported.

Ford is reorganizing its standalone electric vehicle division — and losing the executive who built it. The automaker said today that Doug Field, its chief EV, digital, and design officer, will leave the company next month after nearly five years leading Ford’s push into software-defined EVs.

In his place, Ford isn’t bringing in another Silicon Valley hire. It’s folding the EV, digital, and design group into its global manufacturing operations under COO Kumar Galhotra, in a new unit called Product Creation and Industrialization.

Updated: the article’s lead was updated from Ford ‘dissolving’ its EV unit to ‘reshuffling’.

A Texas Tesla owner says he punched the accelerator to outrun an oncoming train after his car on “Full Self-Driving” drove itself through a lowered railroad crossing arm as the train closed in on the tracks.

Joshua Brown, who says he has logged more than 40,000 miles using Tesla’s driver assist, described the incident as the first time FSD has ever “let me down.”

Tesla has taped out its next-generation AI5 self-driving chip, CEO Elon Musk said overnight, a key milestone that sends the final design to the foundry for fabrication.

The tape-out comes nearly two years after Tesla originally promised AI5 would be in vehicles, and it still leaves volume production more than a year away.

Aptera co-CEO Steve Fambro posted a data point this morning that neatly illustrates what his company has been trying to build for more than a decade: his solar electric vehicle was generating more electricity from the sun than his house was.

Just after 8 a.m., Fambro said his home rooftop was producing 136 watts of solar power while the Aptera sitting outside was putting more than 300W — more than double.

Obviously, this is a particular example highlighting different solar optimization strategies, but neat nonetheless.

Rivian is partnering with Redwood Materials, the battery company founded by Tesla co-founder JB Straubel, to build a second-life battery energy storage system at its EV manufacturing plant in Normal, Illinois.

The initial deployment will use more than 100 used Rivian battery packs stitched together into a 10 MWh system that can feed power back into the factory during peak demand.

Tesla’s long-awaited Full Self-Driving launch in Europe is already running into the same reckoning that blew up in Australia last year: HW3 owners are realizing they paid for something Tesla has now admitted it can’t deliver, and they’re starting to organize.

A Dutch Model 3 owner who paid €6,400 for FSD back in 2019 has launched a collective claim website to bundle HW3 + FSD owners across the EU.

Mercedes-Benz has unveiled a heavily overhauled EQS electric sedan with a WLTP range of up to 926 km (575 miles), a 13% improvement over the outgoing model. The update represents the biggest upgrade to the flagship EV since it launched in 2021.

The new EQS gets an entirely new 800-volt electrical architecture, up to 350 kW DC charging, steer-by-wire technology — a first for any German automaker in a production car — and the new MB.OS operating system. Orders open in Germany starting at €94,403 (~$103,000).

Tesla is rolling out its Spring Update 2026 software, bringing over a dozen new features to its fleet. The highlights include a redesigned Self-Driving subscription app, voice-activated Grok, and a long-requested auto-install feature for software updates.

The update also adds some fun touches, like a new “Cyberhog” Pet Mode character and custom virtual wraps for Model S and X owners.

New photos of the Rivian R2 parked next to the Tesla Model Y are making the rounds on social media, and they offer a great look at how these two critical electric SUVs actually compare in size. The R2 is shorter in length but noticeably taller, with a boxier, more rugged profile.

We decided to dig into the numbers and put together a full dimension-by-dimension breakdown — and the efficiency comparison is where things get really interesting.

Someone stole a critical piece of evidence from a Tesla Model Y involved in a violent crash in Bergen, Norway — the network card responsible for storing and transmitting crash data to Tesla’s servers.

The revelation raises serious questions about the integrity of the investigation into the 2023 crash, in which the Tesla taxi accelerated to 90 km/h and launched into the air before slamming into a kiosk.

Tesla is producing a final limited-edition “Signature Series” run of the Plaid Model S and Model X — 350 vehicles total — as a farewell to its flagship programs before they shut down for good. The Model X Signature starts at $159,420.

The invite-only program, which is being offered exclusively via email to select Tesla owners, features an exclusive Garnet Red paint color and gold accents throughout the vehicle.