Tag: Tesla

Global Independent Aftermarket Boosted by Out-of-warranty Tesla Vehicles

“Rapid improvements in Tesla’s over-the-air (OTA) update capabilities beyond infotainment and navigation system updates could create new subscription-based aftersales revenue streams for Tesla,” said Anuj Monga, Mobility Research Associate Director at Frost & Sullivan. “Electric vehicle (EV) manufacturers are well-poised to leverage data monetization opportunities by offering OTA update capabilities.” Monga added: “Mobile service on… Continue reading Global Independent Aftermarket Boosted by Out-of-warranty Tesla Vehicles

Cleantechnica: Tesla Leads June EV Sales Surge In China 002104

China’s wholesale sales of new energy passenger vehicles reached 571,000 units in June, surpassing last December’s 505,000 units, according to data released by the China Passenger Car Association this week. Retail sales topped 532,000 vehicles. CNEvPost reports that in June, battery electric vehicles accounted for the vast majority of new energy vehicle (NEV) sales, with… Continue reading Cleantechnica: Tesla Leads June EV Sales Surge In China 002104

As Elon Musk Walks, Twitter Workers Say No One’s in Charge

A number of executives have already left the company in the wake of Musk launching his takeover bid, impacting countless others further down the food chain. “The feeling internally is that people have been applying for jobs, and they’re going to keep applying for jobs,” says the first Twitter staffer. Employees say they felt particularly… Continue reading As Elon Musk Walks, Twitter Workers Say No One’s in Charge

Twitter tells Musk his attempt to bail on $44 billion acquisition is ‘invalid and wrongful’

Twitter’s lawyers have hit back at Elon Musk for his attempt to bail on his $44 billion takeover of the company. The company said Friday, immediately following Musk’s official notice that he wanted to terminate the deal, that it was prepared to pursue legal action against him. Now, in a new filing with the SEC,… Continue reading Twitter tells Musk his attempt to bail on $44 billion acquisition is ‘invalid and wrongful’

Rivian reportedly plans to lay off around five percent of its workforce

Electric truck maker Rivian is reportedly planning to lay off hundreds of workers. While the company hasn’t made a firm decision on mass job cuts, according to Bloomberg, it may shed around five percent of the workforce. With a headcount of more than 14,000, that equates to around 700 employees. Layoffs may be announced in… Continue reading Rivian reportedly plans to lay off around five percent of its workforce

Ford Mustang Mach-E prices up by average of £7700 in 2022

The price of a new Ford Mustang Mach-E has shot up by an average of over £7700 in the last seven months, with one particular variant rising by more than £9300.  Prices for the US-built electric SUV – which now starts at £50,030 – were raised by between £2500 and £5980, depending on specification, earlier this month.  This follows… Continue reading Ford Mustang Mach-E prices up by average of £7700 in 2022

Report: EV maker Rivian plans to cut hundreds of jobs

Electric truck maker Rivian Automotive Inc. is expected to lay off about 700 people in upcoming months, but it is unclear how many of those might be in Michigan.  The automaker is trimming its workforce in areas where it has grown too quickly, according to a report Monday by Bloomberg, citing unidentified people familiar with the matter. The report… Continue reading Report: EV maker Rivian plans to cut hundreds of jobs

Battery recycling could be the next investor darling of the EV era

Automakers and suppliers, keen to fortify an EV supply chain and avoid raw materials shortages, are turning to a domain once overlooked: battery recycling. Suddenly awash in interest from EV makers and venture firms, the sector has seen a spate of partnerships and funding deals in the past 18 months. The momentum appears to be… Continue reading Battery recycling could be the next investor darling of the EV era

Here’s where Tesla’s recently laid-off talent is going

Tesla has been laying off thousands of employees over the last month, and a survey of where they are going has yielded interesting results. Where they are not going is just as interesting. Last month, we reported on Elon Musk telling Tesla executives in an email that they need to cut 10% of the workforce and pause… Continue reading Here’s where Tesla’s recently laid-off talent is going