“We are the arms dealer that allows the car companies to keep up with Tesla.” In the battle to make the car more software enabled, American chip maker Qualcomm is having absolutely no trouble selling its digital capability to car makers, chief financial officer Akash Palkhiwala told attendees of the company’s first automotive investor conference,… Continue reading Rise of Qualcomm heralds new era of OEM-supplier relations
Tag: Tesla
Porsche to IPO in landmark listing Thursday
Porsche plans to go public on Thursday at a $73 billion valuation, catapulting the company to become the world’s fourth-most valuable automaker and netting billions of dollars for parent company Volkswagen to advance its drive toward electric vehicles. The initial public offering for Porsche AG on the Frankfurt Stock Exchange values the brand at $79… Continue reading Porsche to IPO in landmark listing Thursday
Tesla (TSLA) adds Airbnb co-founder to its board
Tesla (TSLA) announced today that it appointed Joseph Gebbia Jr., best known for being an Airbnb co-founder, to its board of directors. Earlier this year, Tesla announced that billionaire Larry Ellison is leaving its board of directors. At the time, the automaker said it had no immediate plan to replace him on the board. Today,… Continue reading Tesla (TSLA) adds Airbnb co-founder to its board
Tesla hikes Supercharger prices in California
Tesla has announced a Supercharger price hike in California that is adding to the price increases throughout the last year. It’s still not the price of a tank of gas, but it is now starting to get expensive. One of the biggest advantages of electric vehicles remains that their cost of operations is much lower… Continue reading Tesla hikes Supercharger prices in California
Tesla adds Airbnb co-founder Joe Gebbia to board
Tesla adds Airbnb cofounder Joe Gebbia to board Go to Source
Cox Automotive Lowers Full-Year New-Vehicle Sales Forecast as September Volumes Hold Steady at Low Level; Third Quarter Sales Volume Expected to Decline Versus Q3 2021
September new-vehicle sales pace forecast to finish near 13.3 million units, up 0.1 million from last month’s 13.2 million pace and up from last year’s 12.3 million level. Sales volume in September expected to rise nearly 8% from one year ago but remain relatively low at 1.10 million units. Third-quarter sales to finish near 3.4… Continue reading Cox Automotive Lowers Full-Year New-Vehicle Sales Forecast as September Volumes Hold Steady at Low Level; Third Quarter Sales Volume Expected to Decline Versus Q3 2021
Elon Musk wants “government-imposed muzzle” on his tweets thrown out
Tesla CEO Elon Musk is sick and tired of having to pause before tweeting to consider the potential implications on his company’s stock price. The celebrity executive is urging a federal appeals court to throw out a provision in his 2018 consent decree with the U.S. Securities and Exchange Commission (SEC) that requires him to… Continue reading Elon Musk wants “government-imposed muzzle” on his tweets thrown out
Lithium Is Up 220% And This Is What You Need To Know
In the current year, we have witnessed a gravity-defying commodity rally after the shuttering of Ukrainian ports, sanctions against Russia and disruption in Libyan oil production sent energy, crop, and metal buyers scrambling for replacement supplies. The price of copper doubled; wheat more than doubled while global indices of commodity prices almost tripled from April… Continue reading Lithium Is Up 220% And This Is What You Need To Know
Toyota to start selling small electric sedan in China by year-end – sources
By Norihiko Shirouzu BEIJING (Reuters) – Toyota Motor Corp plans to start production and sales of a small electric sedan powered by BYD Co Ltd batteries by year-end as part of an ongoing collaboration with the Chinese company, three people close to the Japanese carmaker said. The for now China-only bZ3 sedan co-developed with BYD… Continue reading Toyota to start selling small electric sedan in China by year-end – sources
Elon Musk seeks to narrow SEC consent decree, end pre-approval of tweets, article with image
NEW YORK, Sept 28 (Reuters) – Elon Musk’s lawyers urged a federal appeals court to throw out a provision in his 2018 consent decree with the U.S. Securities and Exchange Commission (SEC) requiring a Tesla Inc (TSLA.O) lawyer to vet some of his posts on Twitter. In a brief filed late on Tuesday with the… Continue reading Elon Musk seeks to narrow SEC consent decree, end pre-approval of tweets, article with image