Tag: Tesla

Billionaire Soros buys stake in EV startup Rivian, article with gallery

NEW YORK, Feb 11 (Reuters) – Billionaire investor George Soros bought nearly 20 million shares of electric truck startup Rivian Automotive Inc (RIVN.O) in the quarter ended Dec. 31, securities filings showed Friday. The 19,835,761 shares, worth about $2 billion at the time, makes Soros Fund Management among the most prominent investors in a company… Continue reading Billionaire Soros buys stake in EV startup Rivian, article with gallery

Tesla plans to build new design center in Beijing this year, Chinese government says

Tesla is planning to build its new design center in Beijing later this year, according to a new document released by the Chinese government. Shortly after announcing Gigafactory Shanghai, Tesla made it clear that it not only wants to tap into China’s incredible capacity in manufacturing, but it also wants to take advantage of the… Continue reading Tesla plans to build new design center in Beijing this year, Chinese government says

Tesla can build cars, but culture may be harder

Tesla CEO Elon Musk gestures as he visits the construction site of Tesla’s Gigafactory in Gruenheide near Berlin, Germany, August 13, 2021. Register now for FREE unlimited access to Reuters.com Register NEW YORK, Feb 11 (Reuters Breakingviews) – Tesla (TSLA.O) is a company characterized by rapid growth – of its share price, its revenue, and… Continue reading Tesla can build cars, but culture may be harder

China joins ‘4680 cylindrical battery.’ South Korea, China, Japan will be in a three-way war

It started a three-way war between South Korea, China and Japan as Chinese companies joined the cylindrical battery market led by South Korea and Japan. Cylindrical batteries were mainly used for power tools and home appliances, but as Tesla unveiled a strategy to increase the size of cylindrical batteries for electric vehicles, other finished electric… Continue reading China joins ‘4680 cylindrical battery.’ South Korea, China, Japan will be in a three-way war

Tesla delays more Model X deliveries as Elon Musk admits to problems in the production ramp

Tesla is delaying more Model X orders as Elon Musk admits that Tesla made a mistake in shutting down production of the previous version as the production ramp of the new version is having problems. The automaker didn’t produce the Model X for about eight months as it refreshed both the Model S and Model… Continue reading Tesla delays more Model X deliveries as Elon Musk admits to problems in the production ramp

Top Tesla engineer hired by Ford after 12 years with EV industry leader

Alan Clarke, a top engineer at Tesla for the past 12 years, is now working at Ford Motor Co., the automaker confirmed Thursday. He is a key player in the advanced electric vehicle development department and reporting to Doug Field, a former Tesla engineer who joined Ford in September and now runs its advanced technology and embedded systems. “I’m happy to share that… Continue reading Top Tesla engineer hired by Ford after 12 years with EV industry leader

Ford’s mobile app update hints at new driverless parking features

Ford’s remote vehicle app FordPass was updated a week ago, and Electrek reports that it contains a set of image files hinting at a possible driverless parking assistant feature. The images have filenames beginning with “freeDriveBehind” and “freeDriveForward,” which show stencil drawings of what looks like an overhead view of a Ford F-150 Lighting with… Continue reading Ford’s mobile app update hints at new driverless parking features

Tesla loses Roadster chief engineer behind several important vehicle programs to Ford

Tesla has lost its executive in charge of new vehicle programs who has been in charge of several important engineering programs, and now, he is going to work on Ford’s electric vehicles. Alan Clarke has been at Tesla for over a decade. He started out as a senior design engineer in 2009 and worked on… Continue reading Tesla loses Roadster chief engineer behind several important vehicle programs to Ford

Tesla is asked to disable Boombox feature when in drive, NHTSA deems it a safety risk

Tesla was hit by yet another recall today as NHTSA asked the automaker to disable its Boombox feature, which allows drivers to play sounds through their cars’ external speakers when in drive, as the agency believes it is a safety risk. The Boombox feature is more than a year old at this point since it… Continue reading Tesla is asked to disable Boombox feature when in drive, NHTSA deems it a safety risk