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
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Electric Vehicle Charging Global Market to Reach $81.1 Billion by 2027 at a CAGR of 27.4%
DUBLIN, Nov. 14, 2022 /PRNewswire/ — The “Electric Vehicle Charging: Infrastructure and Global Markets” report has been added to ResearchAndMarkets.com’s offering. Electric vehicle charging infrastructure plays a significant role in boosting the demand for electric vehicles. The trends for plug-in electric vehicles are on a significant growth trajectory, including battery electric vehicles (BEVs) and plug-in hybrid… Continue reading Electric Vehicle Charging Global Market to Reach $81.1 Billion by 2027 at a CAGR of 27.4%
Police Investigating Deadly Accident In Which Tesla Plowed Into Multiple People
Warning: The video is graphic. Deadly Speed A Tesla in China was captured on video killing two people and injuring three others in an alleged brake malfunction — and now, the company is working with Chinese authorities to figure out what, exactly, went so tragically wrong. As Reuters reports, Tesla has publicly affirmed that it’s working… Continue reading Police Investigating Deadly Accident In Which Tesla Plowed Into Multiple People
Electric vehicle makers burning cash, slammed by sky-high costs
Lucid’s cost of revenue surged to $492.5 million in the July-September quarter from $3.3 million a year earlier, and its losses widened as customers canceled orders fearing long wait times. By Akash Sriram Every time Lucid Group Inc or Rivian Automotive Inc sells an electric car, they are losing hundreds of thousands of dollars due… Continue reading Electric vehicle makers burning cash, slammed by sky-high costs
BMW commits $1.4bn to expand EV battery output in China
DALIAN, China — BMW will invest 10 billion yuan ($1.40 billion) to expand production of electric vehicle batteries in China, where the company aims to tap growing EV demand while fending off Tesla and local rivals. The German marque held a signing ceremony for the deal Friday in Shenyang, the northeastern Chinese city home to joint venture… Continue reading BMW commits $1.4bn to expand EV battery output in China
Elon Musk seeks more Twitter videos and cheaper Teslas
BALI, Indonesia — Tesla CEO Elon Musk on Monday said he is planning to have more videos on his newly acquired Twitter, advocated for affordable electric cars and proposed more tunnels to help developing countries tackle traffic jams. “Twitter for sure, I think it’s gonna be a lot more on video,” said Musk, whose recent… Continue reading Elon Musk seeks more Twitter videos and cheaper Teslas
Tesla says it will assist police probe into fatal China crash
BEIJING (Reuters) — U.S. automaker Tesla said on Sunday it will assist Chinese police investigating a crash involving one of its Model Y cars after local media reports said two people had died and three were injured when the driver lost control of the vehicle. The incident on Nov. 5 in the southern province of… Continue reading Tesla says it will assist police probe into fatal China crash
New Toyota Prius to be revealed on Wednesday
The fifth-generation Toyota Prius will be revealed on Wednesday 16 November, the Japanese manufacturer has confirmed. The car was previewed by an image posted to the firm’s Japanese social media accounts on 9 November, featuring the strapline “Hybrid Reborn” underneath a headlight. This indicates that the new model will use a different hybrid powertrain from… Continue reading New Toyota Prius to be revealed on Wednesday
20 Biggest Electric Vehicle Companies in the World
In this piece, we will take a look at the 20 biggest electric vehicle companies in the world. For more companies, head on over to 5 Biggest Electric Vehicle Companies in the World. Courtesy of Elon Musk and Tesla, the electric vehicle segment has become one of the hottest in the world. While electric cars… Continue reading 20 Biggest Electric Vehicle Companies in the World
Tesla Stock Vs. BYD Stock: Is Elon Musk’s ‘Twitter Circus’ Hurting The Tesla Brand?
The Daily Beast Lauren Sánchez, Jeff Bezos’ Girlfriend, Plans to Go to Orbit Next Year CNN BusinessLauren Sánchez, the girlfriend of Amazon billionaire Jeff Bezos, announced on Monday that she plans to go to orbit sometime in 2023 alongside “a great group of females.” Bezos, who made the trip with his rocket business Blue Origin… Continue reading Tesla Stock Vs. BYD Stock: Is Elon Musk’s ‘Twitter Circus’ Hurting The Tesla Brand?