German Manager Magazine: X and Truth Social: How Musk and Trump are taking control of opinion and challenging the mainstream media003734

The election victory of US President-elect Donald Trump (78) was just a few hours old when the Trump camp already launched the attack on the so-called mainstream media. “The established media lied to you,” wrote Twitter owner Elon Musk (53) to his 204 million followers on November 8th. Massive retweets and tweets followed about how… Continue reading German Manager Magazine: X and Truth Social: How Musk and Trump are taking control of opinion and challenging the mainstream media003734

German Manager Magazine: Donald Trump nominates Elon Musk as advisor and Fox presenter as Defense Minister003733

The US President-elect Donald Trump has announced that he wants to appoint a television presenter as defense minister in times of great international tensions and military conflicts: Pete Hegseth is best known to viewers of the right-wing conservative TV channel Fox News and was once a soldier himself, but has no political experience or expertise… Continue reading German Manager Magazine: Donald Trump nominates Elon Musk as advisor and Fox presenter as Defense Minister003733

German Manager Magazine: VW invests up to 5.8 billion dollars in Rivian003733

The Volkswagen-Group is digging deeper into its pockets than planned for the joint venture with the US electric car manufacturer Rivian. The group wants to invest up to 5.8 billion dollars in the project, which the Wolfsburg-based company expects will result in a breakthrough in software for new electric cars. An investment of $5 billion… Continue reading German Manager Magazine: VW invests up to 5.8 billion dollars in Rivian003733

German Manager Magazine: Tesla after the US election: What Donald Trump’s victory means for the electric car manufacturer003732

Restore iTunes subscription manager+ is processed through your iTunes account and paid for upon confirmation of purchase. 24 hours before expiry, the subscription is automatically extended by one month at the current price of €24.99. You can cancel your subscription at any time in your iTunes account settings. To use manager+ outside of this app,… Continue reading German Manager Magazine: Tesla after the US election: What Donald Trump’s victory means for the electric car manufacturer003732

German Manager Magazine: Volkswagen: How Oliver Blume wants to defuse the billion-dollar risk of the software subsidiary Cariad003731

Restore iTunes subscription manager+ is processed through your iTunes account and paid for upon confirmation of purchase. 24 hours before expiry, the subscription is automatically extended by one month at the current price of €24.99. You can cancel your subscription at any time in your iTunes account settings. To use manager+ outside of this app,… Continue reading German Manager Magazine: Volkswagen: How Oliver Blume wants to defuse the billion-dollar risk of the software subsidiary Cariad003731

German Manager Magazine: Tesla shares rise after Trump victory: hedge funds suffer billions in losses003728

Hedge funds, the Tesla Those who sold short have just lost more than $5 billion (almost €4.7 billion). According to the Bloomberg news agency, the reason for this is largely the aftermath of the US election campaign. So have the special relationship between Tesla CEO Elon Musk (53) and winner Donald Trump (78) significantly influenced… Continue reading German Manager Magazine: Tesla shares rise after Trump victory: hedge funds suffer billions in losses003728

German Manager Magazine: Daimler Truck: Achim Puchert becomes the new boss for Mercedes-Benz Trucks003728

The truck builder Daimler trucks has found a new boss for the Mercedes-Benz Trucks brand and the Europe and Latin America regions. The supervisory board appointed manager Achim Puchert (45) as a new member of the board at the beginning of December this year, the commercial vehicle manufacturer from Leinfelden-Echterdingen near Stuttgart announced. Successor to… Continue reading German Manager Magazine: Daimler Truck: Achim Puchert becomes the new boss for Mercedes-Benz Trucks003728

German Manager Magazine: Volkswagen: More VW managers fail with lawsuits003728

Other VW employees are with theirs Lawsuits for payment of bonuses and wage increases failed for now. The Braunschweig Labor Court announced that the claims were completely rejected in two cases. In mid-October, the court rejected the first 23 lawsuits by former VW managers against the car manufacturer’s new austerity measures. Specifically, the non-tariff employees… Continue reading German Manager Magazine: Volkswagen: More VW managers fail with lawsuits003728

German Manager Magazine: Conti increases profits, ContiTech cuts forecast003727

The car supplier and tire manufacturer Continental performed better in the third quarter than experts expected. Sales fell by 4 percent to 9.8 billion euros due to weak industrial business and declining car production. The operating result, adjusted for special effects, rose by 36 percent to 873 million euros, also due to the austerity measures.… Continue reading German Manager Magazine: Conti increases profits, ContiTech cuts forecast003727

German Manager Magazine: Tesla: Shares rally after Trump victory, market value rises to over a trillion dollars003726

The price increase of the Tesla-Share after the election victory of Donald Trump (78) has raised the electric car manufacturer’s market value above the one trillion dollar (0.93 billion euro) mark for the first time since 2022. The paper rose by more than 8 percent to $321.22 on Friday alone. It has increased by more… Continue reading German Manager Magazine: Tesla: Shares rally after Trump victory, market value rises to over a trillion dollars003726