Musk sold $4bn in Tesla stock after agreeing $44bn Twitter deal

Elon Musk sold $4bn in Tesla stock after agreeing $44bn Twitter deal Read M&A insights you won’t find elsewhere Exclusive scoops Smart data to help spot risk and opportunity Analysis of broader trends in M&A Lex, our agenda-setting business commentary (Premium only) Due Diligence, an exclusive M&A newsletter (Premium only) Choose your subscription Trial Try… Continue reading Musk sold $4bn in Tesla stock after agreeing $44bn Twitter deal

Lime upgrading its fleet of e-scooters and e-bikes in Seattle; move to swappable battery is key change

Lime’s Gen4 e-bikes in a company service warehouse in Seattle. (Lime Photo) As a recent report shows that electric scooters have become a popular transportation option in Seattle, Lime is going all in with a significant upgrade of its fleet of the devices as well as the e-bikes that it has on the city’s streets.… Continue reading Lime upgrading its fleet of e-scooters and e-bikes in Seattle; move to swappable battery is key change

Ford Motor Co. slashes 580 jobs as company overhauls talent

Ford Motor Co. reduced its headcount in the U.S. by 580 workers on Wednesday, the Free Press has confirmed. All of them come from the “engineering function,” the company said, without providing specific detail about the jobs. “We continue to align staffing around the critical skills needed to deliver our products, services and the Ford+… Continue reading Ford Motor Co. slashes 580 jobs as company overhauls talent

Skywell eyes global market for its NEVs

Two people take a test drive of Skywell’s newly launched plug-in hybrid passenger car model HT-i in Shenzhen on Wednesday. [Photo by Chen Wen/ China News Service] Chinese electric carmaker Skywell is stepping up efforts to expand its overseas footprint as it sees growing opportunities from a booming new energy vehicle market. The company aims… Continue reading Skywell eyes global market for its NEVs