Elon Musk is stuck in an alternate past

Tesla CEO Elon Musk departs after taking the stand to defend Tesla Inc’s 2016 deal for SolarCity in a case before the Delaware Court of Chancery in Wilmington, Delaware, U.S. July 12, 2021. REUTERS/Jonathan Ernst MELBOURNE, July 13 (Reuters Breakingviews) – For a man who wants to create a better future, Elon Musk seems stuck… Continue reading Elon Musk is stuck in an alternate past

Musk trial asks the $2 billion question: Who controls Tesla?

By Tom Hals, Sierra Jackson 4 Min Read (Reuters) – Does Elon Musk control Tesla Inc or does Tesla control Elon Musk? FILE PHOTO: Tesla Inc CEO Elon Musk walks next to a screen showing an image of Tesla Model 3 car during an opening ceremony for Tesla China-made Model Y program in Shanghai, China… Continue reading Musk trial asks the $2 billion question: Who controls Tesla?

Exclusive: Ford, BMW lead $130 million investing round in solid-state battery startup

A Solid Power manufacturing engineer holds two 20 ampere hour (Ah) all solid-state battery cells for the BMW Group and Ford Motor Company, at Solid Power’s pilot production line in Louisville, Colorado, U.S. April 23, 2021. Picture taken April 23, 2021. Will McKenna/Solid Power/Handout via REUTERS DETROIT, May 3 (Reuters) – Ford Motor Co (F.N)… Continue reading Exclusive: Ford, BMW lead $130 million investing round in solid-state battery startup

Panasonic boss says Tesla relationship unaffected by share sale

A logo of Panasonic Corp is pictured at the Combined Exhibition of Advanced Technologies at the Makuhari Messe in Chiba, Japan, October 2, 2017. REUTERS/Toru Hanai/File Photo TOKYO, July 8 (Reuters) – Panasonic Corp’s (6752.T) new CEO on Thursday said the Japanese company’s battery supply relationship with Tesla Inc (TSLA.O) remains strong even after it… Continue reading Panasonic boss says Tesla relationship unaffected by share sale

UPDATE 1-Tesla sold 33,155 China-made vehicles in June -CPCA

A truck transports new Tesla cars at its factory in Shanghai, China, May 13, 2021. REUTERS/Aly Song/File Photo BEIJING, July 8 (Reuters) – U.S. electric vehicle maker Tesla Inc (TSLA.O) sold 33,155 China-made vehicles, including those for export, in June, China Passenger Car Association (CPCA) said on Thursday. Tesla, which is making Model 3 sedans… Continue reading UPDATE 1-Tesla sold 33,155 China-made vehicles in June -CPCA

Renault-Nissan rejig how they manage Daimler partnership – sources

The logos of car manufacturers Nissan and Renault are pictured at a dealership Kyiv, Ukraine June 25, 2020. REUTERS/Valentyn Ogirenko/File Photo Alliance-level job in charge of Daimler ties to be scrapped Firms to manage relations with Daimler bilaterally Partnership has not met initial hopes, but still has projects PARIS, June 24 (Reuters) – The Renault-Nissan-Mitsubishi… Continue reading Renault-Nissan rejig how they manage Daimler partnership – sources

Chinese EV battery maker CATL extends deal with Tesla

BEIJING, June 28 (Reuters) – Chinese electric vehicle battery maker CATL (300750.SZ) said on Monday it has extended a battery supply deal with U.S. EV maker Tesla Inc (TSLA.O) to 2025. Ningde-based CATL said in a stock exchange filing that it would supply battery cells to Tesla, which is making Model 3 sedans and Model… Continue reading Chinese EV battery maker CATL extends deal with Tesla

China’s automaker Great Wall aims to sell 4 million cars in 2025

By Reuters Staff 2 Min Read FILE PHOTO: Models pose next to Great Wall Motors (GWM) GWM R1 electric car at its pavilion at the India Auto Expo 2020 in Greater Noida, India, February 5, 2020. REUTERS/Anushree Fadnavis/File Photo BEIJING (Reuters) -Great Wall Motor Co Ltd is targeting an annual sales of 4 million vehicles… Continue reading China’s automaker Great Wall aims to sell 4 million cars in 2025

Chinese automaker Great Wall aims to sell 4 million cars in 2025

By Reuters Staff 1 Min Read BEIJING, June 28 (Reuters) – China’s top pickup truck maker Great Wall Motor is targeting sales of 4 million vehicles a year in 2025, Chairman Wei Jianjun said on Monday. Great Wall, which sold 1.1 million cars last year, aims for 80% of its annual sales in 2025 to… Continue reading Chinese automaker Great Wall aims to sell 4 million cars in 2025

Panasonic sells Tesla stake for $3.6 billion

A logo of Panasonic Corp is pictured at the Combined Exhibition of Advanced Technologies at the Makuhari Messe in Chiba, Japan, October 2, 2017. REUTERS/Toru Hanai/File Photo Panasonic wants to reduce reliance on Tesla Panasonic seeks to raise cash for investing in growth Sale will not change relationship – Panasonic spokesperson TOKYO, June 25 (Reuters)… Continue reading Panasonic sells Tesla stake for $3.6 billion