Tag: Tesla

LG Energy Solution to spend $3 billion to expand EV battery production in South Korea

Tesla is one of LG Energy Solution’s major customers for EV batteries. Image: Tesla LG Energy Solution said on Monday that it will spend 4 trillion won, or approximately $3.07 billion, up until 2026 to expand its electric vehicle (EV) battery production in South Korea. The funds will go into expanding and building new battery… Continue reading LG Energy Solution to spend $3 billion to expand EV battery production in South Korea

Cleantechnica: Toyota Is Shifting Its Electric Vehicle Plans To Become More Like Tesla002465

Just as many automakers are faced with major changes in the emerging electric vehicle market, Toyota is reportedly looking to shift its plans to become more like Tesla. The Japanese automaker is one of many hoping to reach Tesla’s level of profitability in the EV sector, and it’s now readying to unveil a new business… Continue reading Cleantechnica: Toyota Is Shifting Its Electric Vehicle Plans To Become More Like Tesla002465

Clean Technica: 3rd Largest Tesla Shareholder Suggests Elon Musk Should Step Aside As CEO002464

KoGuan Leo started loading up on Tesla shares when the COVID-19 pandemic first sent the stock into a tailspin. Back then, the shares were selling for a split-adjusted price of about $40. Before he was done, he owned 22.7 million shares worth about $3.57 billion*. Today, he is the third largest individual Tesla shareholder, only… Continue reading Clean Technica: 3rd Largest Tesla Shareholder Suggests Elon Musk Should Step Aside As CEO002464

Musk’s new poll: Should I stay or go as Twitter CEO?

Musk’s new poll: Should I stay or go as Twitter CEO? After implementing an unprecedented policy change earlier in the day, Elon Musk took to Twitter on Sunday to ask his followers whether he should step down as the company’s chief executive officer. “Should I step down as head of Twitter?” he asked, adding he… Continue reading Musk’s new poll: Should I stay or go as Twitter CEO?

Riot Games wants a court to end its ‘League of Legends’ sponsorship deal with FTX

The crypto exchange owes Riot at least $6.25 million. Riot Games is trying to extricate itself from its League of Legends Championship Series partnership with FTX. On Friday, the studio filed a motion with the court overseeing FTX’s bankruptcy case to end the seven-year sponsorship agreement the two companies signed last August. In a brief… Continue reading Riot Games wants a court to end its ‘League of Legends’ sponsorship deal with FTX

Twitter bans links and username mentions relating to Facebook, Instagram and other rivals

Brands can still pay to promote their presence on competing platforms. While many people were turning to Twitter on Sunday to watch the World Cup finals unfold, the company introduced a new policy banning “free promotion” of competing social media websites. Moving forward, Twitter says it will remove links to Facebook, Instagram, Mastodon, Tribel, Post,… Continue reading Twitter bans links and username mentions relating to Facebook, Instagram and other rivals

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Dec 18 (Reuters) – Elon Musk launched a poll on Sunday asking: “Should I step down as head of Twitter? He added, “I will abide by the results of this poll.” Reporting by Urvi Dugar in Bengaluru; Editing by Daniel Wallis Our Standards: The Thomson Reuters Trust Principles. Go to Source

German Manager Magazin: Tesla share: price drop continues, Elon Musk sells because of Twitter Deal002198

From the stock market star to the drop-out paper: the fall in the share price of Tesla continued on Friday. At just over $150, Tesla shares fell to a two-year low. In 2022 alone, they have already lost 57 percent in value. Since the record high of just over a year, the minus has added… Continue reading German Manager Magazin: Tesla share: price drop continues, Elon Musk sells because of Twitter Deal002198

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Dec 18 (Reuters) – Twitter on Sunday said that it will remove accounts created solely for the purpose of promoting other social platforms and content that contains links or usernames. The move would impact content from social media platforms like Meta Platforms’ (META.O) Facebook and Instagram, along with Mastodon, Truth Social, Tribel, Nostr and Post… Continue reading Untitled