General Motors (GM) EV push will soon pay off. GM investors are gearing up for an update from CEO Mary Barra this week that includes a mention of the automaker turning a profit on its electric vehicles in 2025. As the race to claim EV market share heats up, many automakers are taking significant losses… Continue reading Can GM electric vehicles turn a profit by 2025? Mary Barra is betting on it
Tag: Tesla
Elon Musk moves his top lieutenant at Tesla to SpaceX after a controversy
Elon Musk’s top lieutenant at Tesla, Omead Afshar, is now working at SpaceX after leaving Tesla over a strange controversy. Omead Afshar’s official position at Tesla is director of the office of the CEO – Elon Musk’s office. But in practice, he has been seen as Musk’s chief of staff since Sam Teller, Musk’s longtime… Continue reading Elon Musk moves his top lieutenant at Tesla to SpaceX after a controversy
Tesla to hold rare event for Tesla Semi deliveries on Dec. 1
Tesla confirmed that it is going to hold an event on December 1 for the first Tesla Semi deliveries. More details about the production version of the electric truck could be released. While Tesla used to hold regular unveiling events for new products and production vehicle programs, the automaker moved away from them since the… Continue reading Tesla to hold rare event for Tesla Semi deliveries on Dec. 1
Tesla helps boost EV market share in California’s crashing auto market
Tesla is showing some strong resilience in California’s crashing car market and is helping boost EV market share to a new record. With the slowdown that came with the pandemic and the more recent supply chain issues, the auto industry has yet to go back to pre-2020 levels of deliveries. California New Car Dealers Association… Continue reading Tesla helps boost EV market share in California’s crashing auto market
Tesla charging connector, 2023 Toyota Prius, EV tax credit delay: Today’s Car News
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Stellantis promotes opportunities for minority-owned businesses in EV shift
Detroit — The chief operating officer in North America of the maker of Jeep SUVs and Ram trucks on Monday emphasized the opportunities for minority-owned businesses to be a part of the company’s transformation toward electrification. Stellantis NV’s Mark Stewart said during the Rainbow PUSH Global Automotive Summit that the automaker is in the midst… Continue reading Stellantis promotes opportunities for minority-owned businesses in EV shift
Elon Musk pay package at Tesla challenged in court
Wilmington, Del. — Testimony began Monday in a Delaware courtroom where Tesla shareholders are challenging a compensation plan for CEO Elon Musk potentially worth more than $55 billion. The lawsuit alleges that the performance-based stock option grant was negotiated by a compensation committee and approved in 2018 by Tesla board members who had conflicts of… Continue reading Elon Musk pay package at Tesla challenged in court
Tesla on trial: Autopilot and Elon Musk’s $56 billion pay package under scrutiny in separate cases
/ Elon Musk will take the stand to defend his $56 billion compensation package as CEO of Tesla. At the same time, a manslaughter trial is set to begin in LA for a fatal crash caused by a Tesla owner operating Autopilot. Laura Normand / The Verge As if he doesn’t have enough going on,… Continue reading Tesla on trial: Autopilot and Elon Musk’s $56 billion pay package under scrutiny in separate cases
@Tesla: Model 3 Scores 5-Star Green NCAP Rating000098
]]> Model 3 has been awarded 5-stars with a Weighted Overall Index of 9.8/10 by Green NCAP, an independent initiative helping consumers evaluate vehicle sustainability. In its analysis, Green NCAP considers a vehicle’s energy efficiency, as well as its emission of greenhouse gasses and air pollutants. Consuming Less to Spend LessEVs are more efficient than… Continue reading @Tesla: Model 3 Scores 5-Star Green NCAP Rating000098
German Manager Magazin: Tesla: Trial for Elon Musk’s $56 billion salary package starts002141
A spectacular trial began on Monday in Wilmington, Delaware. It’s about the whopping $56 billion salary package that Tesla-Boss Elon Musk (51) negotiated with the automaker’s board in 2018. It was underpinned by performance targets that were too easy to achieve and investors were caught off guard into agreeing to the package, the accusation goes.… Continue reading German Manager Magazin: Tesla: Trial for Elon Musk’s $56 billion salary package starts002141