Tesla has seen a lot of senior employees leave in the last year. As the automaker has faced production and delivery issues, investigations from the federal government, and questions about the decision-making of CEO Elon Musk, departures from senior employees have added yet another challenge. The outflow hasn’t stopped in 2019, either. Read more: Tesla’s… Continue reading Tesla’s head of human resources and diversity has left the company — here are all the key names who have departed in the past year (TSLA)
Category: News Site
Chinese 5G driverless bus offers glimpse of future commutes
Become an FT Subscriber. Gain access to global coverage from local journalists on the ground in 50+ countries working around the clock to break news, analyze, spot risks and opportunities. Join over 300,000 Finance professionals who already subscribe to the FT. Go to Source
CORRECTED-UPDATE 1-Harley-Davidson strikes deal to make smaller bikes in China
FILE PHOTO: A Harley-Davidson Inc. logo is seen at the Paris auto show in Paris, France, October 4, 2018. REUTERS/Benoit Tessier/File Photo (Reuters) – Harley-Davidson Inc will partner with China’s Qianjiang Motorcycle Co to produce a new smaller model bike, making good on promises to build more motorcycles outside the United States that have angered… Continue reading CORRECTED-UPDATE 1-Harley-Davidson strikes deal to make smaller bikes in China
Clavister and Tieto team up to improve the cybersecurity of connected and autonomous cars
Clavister, a cybersecurity solutions provider, will start a collaboration with Tieto, one of the software R&D service providers for Telecom and Automotive industries operating globally. The companies will jointly provide packaged expertise and solutions for connected and autonomous cars. Tieto’s focus in 5G, enhanced connectivity, cloud-nativity and in-vehicle software is a great match to Clavister’s cybersecurity expertise.… Continue reading Clavister and Tieto team up to improve the cybersecurity of connected and autonomous cars
Car price war and falling air fares cool UK inflation
Inflation Rise in interest rates unlikely, with CPI down to 2% in May from 2.1% in April Transport costs fell by 3.8% overall between April and May this year, led by falling air fares. Photograph: Owen Humphreys/PA A fall in transport costs and cheaper clothing brought to an end the recent rise in inflation that… Continue reading Car price war and falling air fares cool UK inflation
Indonesia Digest: East Ventures backs Feedloop; Automo nabs seed funding
Indonesian early-stage VC East Ventures has invested in the seed round of marketing SaaS company Feedloop while online automobile marketplace Automo has closed a seed funding round of $145,000 from angel investors. Saas startup Feedloop secures seed funding from East Ventures Marketing SaaS company Feedloop has secured an unspecified amount of seed funding round from… Continue reading Indonesia Digest: East Ventures backs Feedloop; Automo nabs seed funding
Still in stealth mode, Duffel raises $21.5m in Series A from Benchmark for its travel platform
Ten months ago London startup Duffel hinted that it would be “a new way to book travel online, aiming at the booking experience ‘end to end’”, and announced a healthy $4.7M funding round, but not much else. Today it goes further, announcing a $21.5m in Series A funding from US VC giant Benchmark, which also… Continue reading Still in stealth mode, Duffel raises $21.5m in Series A from Benchmark for its travel platform
As China cuts support for its electric carmakers, auto firms could face a ‘war of attrition’
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India Digest: Bajaj Auto eyes Yulu; IAN exits Spinny
Bajaj Auto is in advanced talks to pick up a stake in electric scooter rental startup Yulu while IAN said it has successfully exited its investment in Spinny, a used car buying and selling platform. Bajaj Auto mulls investing in Yulu Bajaj Auto is in advanced talks to pick up a stake for an investment… Continue reading India Digest: Bajaj Auto eyes Yulu; IAN exits Spinny
Indonesian automobile rentail platform closes seed funding round, announces rebranding
Automo has changed its name to Otomo, reflecting “a more global long term vision that we are planning ahead,” the company’s founder said. Go to Source