Battery expertise and patience have made the group a formidable competitor in the global car industry Go to Source
Tag: Tesla
Things get messy for Elon Musk with report about new twins he shares with Neuralink exec
Last month, Insider published an explosive report about a former SpaceX flight attendant who accused SpaceX founder and CEO Elon Musk of propositioning her for sex in 2016 and to whom the company paid $250,000 to keep quiet. Musk immediately labeled the story “a politically motivated hit piece,” while SpaceX president and COO Gwynne Shotwell… Continue reading Things get messy for Elon Musk with report about new twins he shares with Neuralink exec
Toyota hits electric-vehicle sales milestone, joins Tesla and GM in triggering phaseout of tax incentives for buyers
The phaseout of the credit for Toyota customers is expected to be complete in October 2023, the company said Wednesday. The phaseout will begin Oct. 1. Go to Source
Tesla pulled levers on pricing and cost during a tough quarter
This content is only available to subscribers. The Fourth of July Spark! $22 for 2 Years. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics… Continue reading Tesla pulled levers on pricing and cost during a tough quarter
Elon Musk grieved with crash victim’s dad. Now Tesla faces him in court
This content is only available to subscribers. The Fourth of July Spark! $22 for 2 Years. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics… Continue reading Elon Musk grieved with crash victim’s dad. Now Tesla faces him in court
German Manager Magazin: Volkswagen: IG Metall demands 8 percent more for VW employees001896
Volkswagen a hard bargaining round is imminent. the IG Metal calls for 8 percent higher wages over a period of twelve months for the 125,000 VW employees in western Germany in the forthcoming negotiations on a new in-house wage agreement. The union, which is strongly represented at the carmaker, justifies the demand with the increased… Continue reading German Manager Magazin: Volkswagen: IG Metall demands 8 percent more for VW employees001896
Those Headlines About Tesla Losing the Top EV Seller Spot Are Pretty Sketchy
Hold up for just one second. Warren Buffett-backed Chinese carmaker BYD has had a stellar year — and if the headlines of news outlets like the Financial Times and Axios are to be believed, the company just overtook Tesla as the world’s number one electric vehicle seller. But a closer look at BYD’s company filings… Continue reading Those Headlines About Tesla Losing the Top EV Seller Spot Are Pretty Sketchy
German Handelsblatt: Parallel imports: Apple, Miele, Mercedes: How western goods continue to get to Russia despite sanctions004646
iPhone via the gray market Western items like the Apple smartphone are still sold in Moscow. (Photo: imago/ITAR-TASS) Western products continue to come to Russia, although many companies have withdrawn from the country. Russia has legalized so-called parallel imports of more than 50 product groups. This is what is called imports without the consent of… Continue reading German Handelsblatt: Parallel imports: Apple, Miele, Mercedes: How western goods continue to get to Russia despite sanctions004646
Toyota will be the third automaker to lose the EV tax credit in the US
Toyota sold its 200,000th plug-in electric vehicle in the US, triggering a slow phaseout of the federal EV tax credit over the next 15 months, according to Bloomberg. The automaker is the third manufacturer to pass this mark, following Tesla and General Motors. The phaseout for Toyota is poorly timed, coming just weeks after the… Continue reading Toyota will be the third automaker to lose the EV tax credit in the US
Rivian says it’s on track to deliver 25,000 vehicles this year
Rivian said Wednesday the company produced 4,401 vehicles at its manufacturing facility in Normal, Illinois, and delivered 4,467 vehicles for the quarter ended June 30. “These figures remain in line with the company’s expectations, and it believes it is on track to deliver on the 25,000 annual production guidance previously provided,” Rivian said in a… Continue reading Rivian says it’s on track to deliver 25,000 vehicles this year