Tag: Tesla

If Tesla is facing ‘demand destruction,’ where are the demand triggers?

Many industry watchers are claiming Tesla is facing “demand destruction,” but if that’s the case, why isn’t Tesla pulling on some demand triggers? In a new note to clients this week, Morgan Stanley analyst Adam Jonas, one of the top analysts covering Tesla, noted that he believes Tesla is experiencing “demand destruction” at the margin:… Continue reading If Tesla is facing ‘demand destruction,’ where are the demand triggers?

Delivery of Tesla’s Shanghai factory hits record high in September

Employees at work at the Shanghai plant of Tesla Inc. [Photo/Xinhua] SHANGHAI — US carmaker Tesla’s Shanghai Gigafactory has achieved a new monthly delivery record of over 83,000 vehicles in September, the company said on Monday. On Aug 15, Tesla’s Shanghai Gigafactory announced that it had produced 1 million vehicles in under three years. The… Continue reading Delivery of Tesla’s Shanghai factory hits record high in September

Elon Musk Leans Into “Musk” Name, Starts Selling “Burnt Hair” Perfume

“With a name like mine, getting into the fragrance business was inevitable.” Musk Fragrance Elon Musk is now a bona fide perfumier — and an allegedly successful one to boot — thanks to the sale of his bespoke “Burnt Hair” scent. As goofy as the whole gambit is, the world’s richest man was right when… Continue reading Elon Musk Leans Into “Musk” Name, Starts Selling “Burnt Hair” Perfume

Autonomous driving and the question of a driver’s license

Autonomous driving could make the driver’s license superfluous. But does it come to this? The idea is clear: you sit in the car, enter a destination, and lean back while the vehicle navigates itself to the destination. It brakes, steers and avoids hazards. The computer controlled car acts carefully and never gets tired or drives… Continue reading Autonomous driving and the question of a driver’s license

Volkswagen to pick up 60% stake in $2b tech JV with China’s Horizon Robotics

Volkswagen‘s software unit Cariad will spend more than $2 billion and take a 60% stake in a new venture with Chinese technology firm Horizon Robotics, it said on Thursday, tackling two big challenges: software and the Chinese market. The carmaker will invest $1 billion in Horizon Robotics and a further 1.3 billion euros ($1.26 billion) in the joint venture, with the transaction to be completed in the first half of 2023. Together the… Continue reading Volkswagen to pick up 60% stake in $2b tech JV with China’s Horizon Robotics

Carl Icahn Stock Portfolio: Top 12 Picks

In this article, we shall discuss the top 12 picks in Carl Icahn’s stock portfolio. To skip our detailed analysis of Icahn’s history, his investment strategy, and hedge fund performance, go directly and see Carl Icahn Stock Portfolio: Top 5 Picks. Carl Icahn is an American financier and currently serves as the Chief Executive Officer… Continue reading Carl Icahn Stock Portfolio: Top 12 Picks

German Handelsblatt: Electric cars: software partner to make VW competitive again in China005404

Elektroautos von Volkswagen sind auf dem chinesischen Markt vielen Konkurrenzprodukten unterlegen. Die in Deutschland entwickelten Fahrzeuge bieten den Kunden in China zu wenig digitale Features und lassen auch beim autonomen Fahren zu wünschen übrig. Um in diesen Bereichen aufzuholen, gründet der Autohersteller ein Gemeinschaftsunternehmen mit dem chinesischen Software- und Chipspezialisten Horizon Robotics. Der VW-Aufsichtsrat hat… Continue reading German Handelsblatt: Electric cars: software partner to make VW competitive again in China005404

Long queue for utility vehicles in India

Interestingly topping the list is M&M’s Scorpio model having a wait ing period of about 21 months. Chennai: Even as the demand for passenger vehicles going up, the supplies of semi-conductors easing and manufacturers launching new models, the waiting period for customers for some models is nearly two years, states a report. The car companies… Continue reading Long queue for utility vehicles in India