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Tesla rival Rivian halts Georgia plant, launches cheaper SUV

Rivian Automotive announced Thursday that it is canceling plans for a $5 billion factory that has yet to be built in Georgia. On the same day, the company launched a budget electric car designed to rival Elon Musk’s Tesla. Production of the next R2 model, an electric midsize SUV that can spin to 60 mph […]

OpenAI pushes back on Musk lawsuit, says billionaire suggested merger with Tesla

Wall Street Alliance Group partner Aadil Zaman and Peapack Private Wealth Management managing principal David Dietze react to Sam Altman’s return to OpenAI five days after he was fired from Making Money. OpenAI hit back on Tuesday Elon Musk’s lawsuit Claims the startup has abandoned its original nonprofit mission by revealing communications showing the billionaire […]

OpenAI says Elon Musk wanted to merge it with Tesla

OpenAI makes its first public comments since Elon Musk claimed in a lawsuit that the artificial intelligence giant is putting “profits above humanity,” as the tech giant merges with Tesla six years ago. The lawsuit alleges that the company sought to gain “complete control” of the company. ChatGPT creator included this allegation on Tuesday night […]

Video shows Tesla Cybertruck crash into iconic Beverly Hills Hotel sign

Video circulating online shows the aftermath of a two-vehicle crash involving a Tesla Cybertruck that crashed into the iconic Beverly Hills Hotel sign in Los Angeles on Sunday night. According to the Beverly Hills Police Department, officers were dispatched to the 9600 block of Sunset Boulevard. Just before midnight Sunday, there were reports of a […]