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Author: Financial_Times Reporting
VW plans new plant to rival Tesla’s German gigafactory
Carmaker aims to produce futuristic model at new site to catch Musk in electric vehicle race Go to Source
Tesla/Elon Musk: option exercise would be a rare moment of tax accountability
Richest man in the world can afford the $15bn tax bill Go to Source
Mexico’s once roaring auto sector falls on hard times
Engine of country’s economic growth has stalled amid the pandemic and chip shortages Go to Source
Elon tells us nothing new, but the market moves anyway
How to shape the narrative of a telegraphed share sale. Go to Source
Rivian IPO puts a spin on Ford’s market value
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Nikola expects to pay $125m in SEC settlement
Electric truck start-up says it will seek repayment from its founder with who it is in dispute with over legal fees Go to Source
VW’s plan to close gap with Tesla hit by union pledge to protect jobs
Carmarker’s chief says there will be fewer jobs in future as group transitions to electric Go to Source
Borrowing costs drive up losses at Aston Martin
Expensive refinancing hits luxury carmaker even as sales more than doubled due to demand for its DBX sport utility vehicle Go to Source
New York hedge fund stands to make over $5bn on Avis Budget share surge
Receive free Avis Budget Group Inc updates We’ll send you a myFT Daily Digest email rounding up the latest Avis Budget Group Inc news every morning. A New York hedge fund stands to make billions of dollars on a sudden leap in the shares of Avis Budget, the once ailing rental car company that catapulted… Continue reading New York hedge fund stands to make over $5bn on Avis Budget share surge