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      Weekend Round-Up: Tesla's Legal Woes, Ford's Rejig, Uber's Robotaxi Bet, Lucid's New CEO And CarMax's Q4 Preview

      From Tesla Inc. facing potential billion-dollar lawsuits to Ford restructuring its Model E unit, there was no shortage of news in the auto world this week.

      Meanwhile, Uber Technologies Inc. is betting big on Robotaxis, Lucid Group announced a new CEO and CarMax is gearing up for its fourth-quarter results.

      Tesla’s Billion-Dollar Legal Troubles

      Tesla’s legal issues could reportedly cost the company billions in settlement costs. The company is also facing multiple regulatory investigations, including a $500 million FSD investigation by the National Highway Traffic Safety Administration (NHTSA). CEO Elon Musk has defended the company’s Autopilot and FSD systems on social media, stating that they have saved many lives.

      Read the full article here.

      Ford’s Model E Unit Restructuring

      Ford is establishing a new department within its ranks, the “Product Creation and Industrialization” department, to be led by COO Kumar Galhotra. This move is part of Ford’s aim to ...

      Full story available on Benzinga.com


      Source: Benzinga
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud