Volkswagen plans new site in Germany to counter Tesla’s gigafactory

A new logo of German carmaker Volkswagen is unveiled at the VW headquarters in Wolfsburg, Germany September 9, 2019. REUTERS/Fabian Bimmer/File Photo New factory would produce Trinity model from 2026 Decision still requires supervisory board approval Refitting existing Wolfsburg plant subject to limitations FRANKFURT, Nov 9 (Reuters) – Volkswagen (VOWG_p.DE)said on Tuesday it plans to… Continue reading Volkswagen plans new site in Germany to counter Tesla’s gigafactory

Volkswagen plans new factory near Wolfsburg to build Trinity model

A new logo of German carmaker Volkswagen is unveiled at the VW headquarters in Wolfsburg, Germany September 9, 2019. REUTERS/Fabian Bimmer/File Photo FRANKFURT, Nov 9 (Reuters) – Volkswagen (VOWG_p.DE) is planning to build a new state-of-the-art car factory close to its headquarters in Wolfsburg, Germany, hoping to raise its game as the opening of Tesla’s… Continue reading Volkswagen plans new factory near Wolfsburg to build Trinity model

Technology · 11:03 AM UTCAnalysis: Musk’s Tesla stock sale poll raises taxing questionsWhen Elon Musk asked his Twitter followers last weekend if he s…

SpaceX owner and Tesla CEO Elon Musk speaks during a conversation with legendary game designer Todd Howard (not pictured) at the E3 gaming convention in Los Angeles, California, U.S., June 13, 2019. REUTERS/Mike Blake/File Photo Nov 9 (Reuters) – When Elon Musk asked his Twitter followers last weekend if he should sell 10% of his… Continue reading Technology · 11:03 AM UTCAnalysis: Musk’s Tesla stock sale poll raises taxing questionsWhen Elon Musk asked his Twitter followers last weekend if he s…

Technology · 10:06 AM UTCTesla shares inch higher after Monday’s sell-offShares of Tesla Inc inched higher in premarket trading on Tuesday, stabilizin…

A Tesla logo is seen at the Tesla Shanghai Gigafactory in Shanghai, China January 7, 2019. REUTERS/Aly Song Nov 9 (Reuters) – Shares of Tesla Inc (TSLA.O) inched higher in premarket trading on Tuesday, stabilizing after speculation of a potential stake sale by chief Elon Musk spurred a near 5% drop in the previous session.… Continue reading Technology · 10:06 AM UTCTesla shares inch higher after Monday’s sell-offShares of Tesla Inc inched higher in premarket trading on Tuesday, stabilizin…

Technology · 6:20 AM UTCMusk’s potential Tesla stake sale follows share surgeShould Elon Musk decide to unload some of his stake in Tesla Inc , he wil…

NEW YORK, Nov 9 (Reuters) – Should Elon Musk decide to unload some of his stake in Tesla Inc (TSLA.O), he will be capitalizing on a massive rally that has made the electric-vehicle maker one of the world’s most valuable companies. The Tesla chief asked his Twitter followers on Saturday if he should sell 10%… Continue reading Technology · 6:20 AM UTCMusk’s potential Tesla stake sale follows share surgeShould Elon Musk decide to unload some of his stake in Tesla Inc , he wil…

PepsiCo to take delivery of Tesla electric trucks in fourth quarter – CNBC

Tesla’s new electric semi truck is unveiled during a presentation in Hawthorne, California, U.S., November 16, 2017. REUTERS/Alexandria Sage/File Photo Nov 8 (Reuters) – PepsiCo Inc (PEP.O) will get its first set of Tesla Inc (TSLA.O) electric trucks in the fourth quarter, the packaged food maker’s top boss Ramon Laguarta said in a interview to… Continue reading PepsiCo to take delivery of Tesla electric trucks in fourth quarter – CNBC

TechnologyFirst Cobalt aims to create specialist EV battery materials facility in North AmericaCanada’s First Cobalt aims to create North America’s fi…

LONDON, Nov 7 (Reuters) – Canada’s First Cobalt (FCC.V) aims to create North America’s first specialist facility for producing electric vehicle battery materials such as cathode chemicals, it said on Sunday, as it announced a name change to Electra Battery Materials. Automakers are racing to boost their electric vehicle offerings, which need quick and easy… Continue reading TechnologyFirst Cobalt aims to create specialist EV battery materials facility in North AmericaCanada’s First Cobalt aims to create North America’s fi…

Technology · 7:57 PM UTCMusk asks Twitter followers whether he should sell 10% of his Tesla stockTesla Inc Chief Executive Elon Musk on Saturday asked…

Tesla Inc CEO Elon Musk speaks onstage during a delivery event for Tesla China-made Model 3 cars at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo Nov 6 (Reuters) – Tesla Inc (TSLA.O)Chief Executive Elon Musk on Saturday asked his 62.5 million followers on Twitter in a poll if he should sell… Continue reading Technology · 7:57 PM UTCMusk asks Twitter followers whether he should sell 10% of his Tesla stockTesla Inc Chief Executive Elon Musk on Saturday asked…

CORRECTED-(OFFICIAL)-Tesla opens Canada battery gear factory in Markham, Ontario

By Reuters Staff 2 Min Read (City official clarifies that the plant has already opened, not plans to open) SAN FRANCISCO, Nov 5 (Reuters) – Tesla Inc opened a factory to produce battery manufacturing equipment in the Canadian city of Markham, Ontario, the city said on Friday, as the electric carmaker ramps up the production… Continue reading CORRECTED-(OFFICIAL)-Tesla opens Canada battery gear factory in Markham, Ontario

Autos & Transportation · 9:56 PM UTCEV maker Rivian boosts IPO price range, aims for $65 bln valuationRivian Automotive, backed by Amazon.com Inc , on…

Nov 5 (Reuters) – Rivian Automotive, backed by Amazon.com Inc (AMZN.O), on Friday significantly raised the expected offer price of its shares, with the electric vehicle manufacturer aiming for a valuation of as much as $65 billion in its initial public offering. The company, which last month disclosed nearly $1 billion in losses for the… Continue reading Autos & Transportation · 9:56 PM UTCEV maker Rivian boosts IPO price range, aims for $65 bln valuationRivian Automotive, backed by Amazon.com Inc , on…