Tesla expands ‘high-volume’ hiring in Quebec amid rumors of a factory

Tesla is expanding the hiring of recruiters and a support team for a “high-volume” hiring effort in Quebec amid rumors of a potential factory coming to the region. Earlier this year, we started reporting on evidence that Tesla has been looking at a potential location in Canada for its next Gigafactory. Tesla plans to ramp… Continue reading Tesla expands ‘high-volume’ hiring in Quebec amid rumors of a factory

South Korea, U.S. in ‘intense conversation’ over EV tax credits, ambassador says

Hyundai executives and government officials break ground on the automaker’s new “Metaplant America” in Bryan County, Georgia, on Tues., Oct. 25, 2022. CNBC | Michael Wayland SAVANNAH, Ga. – South Korean officials are working closely with the U.S. government to adjust restrictive regulations on electric vehicles under the recently passed Inflation Reduction Act, according to… Continue reading South Korea, U.S. in ‘intense conversation’ over EV tax credits, ambassador says

Elon Musk Has Lost $100 Billion in Under a Year

Last year, as his net worth soared past $300 billion dollars, Elon Musk was crowned the world’s richest person in history. Fast forward about 11 months — involving a “bad feeling” about the economy, a sudden, complicated, and likely soiled bid to buy Twitter, and a self-imposed foray into social media foreign policy — and according… Continue reading Elon Musk Has Lost $100 Billion in Under a Year

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Oct 25 (Reuters) – Elon Musk has pledged to close his $44 billion Twitter Inc (TWTR.N) deal by Friday in a video conference call with bankers who are helping fund the deal, Bloomberg News reported on Tuesday, citing people with knowledge of the matter. The banks have finished putting together the final credit agreement and… Continue reading Untitled

Has the research expenditure for autonomous driving paid off?

The industry has invested billions in the development of autonomous driving, but the commercialization is a long time coming. Ten years ago, there was optimism that autonomous driving would be on the market by the 2020s. Today there is at least one model that has level 3. level 4 there are a few in the… Continue reading Has the research expenditure for autonomous driving paid off?

Mirae Asset said to be in talks to help fund Elon Musk’s Twitter deal

South Korea’s Mirae Asset Financial Group is planning to commit about 300 billion Korean won ($208 million) to help finance Elon Musk‘s $44 billion buyout of Twitter Inc, a person familiar with the matter told Reuters on Monday. The deal with Mirae is expected to be finalised in the coming days before the deadline for the closing of the Twitter… Continue reading Mirae Asset said to be in talks to help fund Elon Musk’s Twitter deal

The Zacks Analyst Blog Highlights Tesla, Genuine Parts Company, Ford, Oshkosh and Lear

For Immediate Release Chicago, IL – October 25, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Tesla TSLA, Genuine Parts Company GPC, Ford F,… Continue reading The Zacks Analyst Blog Highlights Tesla, Genuine Parts Company, Ford, Oshkosh and Lear

Auto Roundup: Quarterly Results of TSLA, LAD, WGO, GPC & ALV in Focus

Last week, the European Automobile Manufacturers Association (“ACEA”) released data for passenger car registrations for September 2022. The European Union (EU) passenger vehicle market increased 9.6% last month to 787,870 units, marking the second straight month of growth this year. Registrations in Italy, Germany, Spain and France witnessed a year-over-year rise of 5.4%, 14.1%, 12.7%… Continue reading Auto Roundup: Quarterly Results of TSLA, LAD, WGO, GPC & ALV in Focus

Tesla Stock Vs. BYD Stock: Tesla Cuts China Prices; ‘Real Challenger’ Sees Soaring Profit

Tesla and BYD Co. are both fast-growing EV giants. While a lot of attention falls on startups such as Rivian Automotive, Lucid, Nio, Xpeng and Li Auto, as well as traditional automakers pushing into EVs, such as General Motors and Ford Motor, Tesla and BYD are setting the pace. Tesla reported strong earnings and revenue… Continue reading Tesla Stock Vs. BYD Stock: Tesla Cuts China Prices; ‘Real Challenger’ Sees Soaring Profit

Electric Vehicle Market is Probable to Influence the Value of USD 1566,378.14 Million, with Growing CAGR of 24.00% by 2029, Trends, Size, Share, Growth and Competitive Outlook

BERLIN, Oct. 25, 2022 /PRNewswire/ — A new business intelligence report released by Data Bridge Market Research, titled, “Electric Vehicle Market” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. The Electric Vehicle market research report is a notable source of information to survey… Continue reading Electric Vehicle Market is Probable to Influence the Value of USD 1566,378.14 Million, with Growing CAGR of 24.00% by 2029, Trends, Size, Share, Growth and Competitive Outlook