Tesla said Wednesday that its profit leapt more than sixfold last year to $5.5 billion, the highest total in its 19-year history, as sales soared further, especially in Europe and China. But the automaker warned that supply chain troubles stemming from the pandemic would again constrain production through this year. “Our own factories have been… Continue reading Tesla Reports Record Profit but Warns of Supply Problems
Author: New York Times Online News
Patrick Gelsinger is Intel’s True Believer
A few days later, he got a surprise call from Mr. Grove. The Hungarian-born executive, then Intel’s president who later wrote the management book “Only the Paranoid Survive,” had built a culture where lower-level employees were encouraged to challenge superiors if they could back up their positions. Mr. Grove began mentoring Mr. Gelsinger, a relationship… Continue reading Patrick Gelsinger is Intel’s True Believer
G.M. Cancels Shifts at Michigan Plant Over Canada Protest Disruption
General Motors is the latest automaker to suspend production because of protests at a crucial Canadian border crossing that have disrupted supply chains already in turmoil because of the pandemic. G.M. said it had canceled two shifts on Wednesday and Thursday at a factory in Lansing, Mich., that makes sport utility vehicles. The plant depends… Continue reading G.M. Cancels Shifts at Michigan Plant Over Canada Protest Disruption
Rivian Plans to Spend $5 Billion on a Second EV Plant in Georgia
Rivian Automotive, an electric vehicle company that had an initial public offering last month, said on Thursday that it planned to spend $5 billion to build its second factory, in Georgia. The announcement, which came on the same day that Rivian said it lost $1.2 billion in the three months ending in September, was the… Continue reading Rivian Plans to Spend $5 Billion on a Second EV Plant in Georgia
Tesla Reports 87% Increase in 2021 Deliveries
Tesla reported Sunday that it delivered 936,000 cars in 2021, an 87 percent increase from the year before, despite the computer chip shortage that has disrupted auto production around the world. In the fourth quarter alone, the company delivered more than 308,000 vehicles, a 71 percent increase from the quarter a year earlier. The overwhelming… Continue reading Tesla Reports 87% Increase in 2021 Deliveries
Can a Sustainable Mining Experiment in New Caledonia Power Tesla’s Ambitions?
“New Caledonia, in its way of exploiting its ore, is perceived as a country which contributes to the fight against global warming,” the territory’s president, Louis Mapou, said in an interview. “We have very high production costs in New Caledonia, it is true, but we respect human rights, respect the rights of local people and… Continue reading Can a Sustainable Mining Experiment in New Caledonia Power Tesla’s Ambitions?
NHTSA Is Looking Into Tesla Video Games That Can be Played While Moving
The federal government’s top auto safety regulator said on Wednesday that it had begun looking into a new feature in Tesla cars allowing drivers to play video games on a large touch-screen while the vehicles are moving. “We are aware of driver concerns and are discussing the feature with the manufacturer,” the National Highway Traffic… Continue reading NHTSA Is Looking Into Tesla Video Games That Can be Played While Moving
A New Tesla Safety Concern: Drivers Can Play Video Games in Moving Cars
Not long after buying a Tesla Model 3 this summer, Vince Patton saw a YouTube clip highlighting a feature that took him by surprise: three video games that can be played on the large touch screen mounted in front of the dashboard — while driving down the road. “I thought surely that can’t be right,”… Continue reading A New Tesla Safety Concern: Drivers Can Play Video Games in Moving Cars
Inside Tesla: How Elon Musk Pushed His Vision for Autopilot
To hear more audio stories from publications like The New York Times, download Audm for iPhone or Android. Elon Musk built his electric car company, Tesla, around the promise that it represented the future of driving — a phrase emblazoned on the automaker’s website. Much of that promise was centered on Autopilot, a system of… Continue reading Inside Tesla: How Elon Musk Pushed His Vision for Autopilot
An Auto Show for the Raddest Cars of the ’80s and ’90s
Everything was awesome. The music was fresh, the movies were dope and the hair was big. The cars? Rad, then and now. Maybe especially now. In the 1980s and ’90s, cars were boxy and far-out, futuristic and often a bit funky. Then came a new millennium and the internet era, and the previous two decades… Continue reading An Auto Show for the Raddest Cars of the ’80s and ’90s