Upcoming luxury electric sedan Lucid Air would best Tesla's maximum single-charge battery range by over 100 miles.
Chinese electric car start-up Xpeng Motors has filed for an IPO on the New York Stock Exchange
On July 17, 2020, Tesla (NASDAQ: TSLA) sued Rivian, prompting many to wonder aloud who the heck this Rivian company was. In a lawsuit filed with the Superior Court of California in Santa Clara County, the world's best-known electric car maker accused an upstart rival and would-be maker of electric trucks, vans, and SUVs of "recruiting Tesla employees" and "misappropriating" confidential information those employees possessed. Tesla demanded no specific sum of money in compensation for these offenses, but did insist that Rivian stop what it's allegedly doing.