Tag: Tesla

Tesla recalls nearly half a million Model 3 and Model S cars

Tesla has issued voluntary recalls for nearly half a million vehicles to address potential failures in its trunk latching systems, as first reported by Barron’s. The recalls apply to all Model 3 units released between 2017 and 2020, as well as certain Model S units. For the Model 3, Tesla believes the opening and closing… Continue reading Tesla recalls nearly half a million Model 3 and Model S cars

Tesla is sponsoring Formula SAE electric racing teams with free battery cells and more

Tesla is going to start sponsoring Formula SAE electric racing teams with free battery cells and discounted hardware. The automaker has often hired former students who participated in these competitions. Formula SAE is an organization that puts together student competitions in the field of mobility. Over the last decade, electric vehicles have been popular with… Continue reading Tesla is sponsoring Formula SAE electric racing teams with free battery cells and more

Elon Musk: Tesla Bot could develop a unique personality and become a companion

Elon Musk says that he is considering Tesla Bot becoming more than just a humanoid robot to perform useful tasks but to have it potentially develop a unique personality and be a companion. He says Tesla Bot could make an “incredible buddy like C3PO or R2D2.” Earlier this year, Musk announced plans for Tesla Bot, a humanoid… Continue reading Elon Musk: Tesla Bot could develop a unique personality and become a companion

Musk nears Tesla share sale target with $1 billion offload

Elon Musk sold a further $1.02 billion of Tesla Inc. shares, taking him close to his target of reducing his stake in the electric-car maker by 10%.  The Tesla chief executive officer — also the world’s richest person — sold 934,090 shares, according to a filing with the U.S. Securities & Exchange Commission.  Musk has… Continue reading Musk nears Tesla share sale target with $1 billion offload

Auto in China, from 1 January 2022 the restrictions for foreign homes have been lifted

Listen to the audio version of the article 2 ‘of reading In a surprising move, to say the least, China has decided to completely remove all previously required restrictions on foreign ownership of the auto industry. The decision, which will come into effect from 1 January 2022, was announced through a document released in recent… Continue reading Auto in China, from 1 January 2022 the restrictions for foreign homes have been lifted

German Manager Magazin: US dominance on the stock exchanges: Google parent Alphabet is worth more than all Dax companies001414

The world stock exchanges are dominated by US technology groups more than ever. Eight of the ten most valuable companies in the world will be from the end of 2021 USA. The smartphone and software giant Apple scratches with a market value of 2.96 trillion dollars (as of December 27th) as the first group ever… Continue reading German Manager Magazin: US dominance on the stock exchanges: Google parent Alphabet is worth more than all Dax companies001414

Philippines lifts ban on new open-pit mines

The move sees the Philippine government reverse a ban imposed in 2017, when the then-environment minister blamed the sector for widespread ecological damage. Manila: The Philippines has lifted a four-year ban on new open-pit mines, an official said Wednesday, in a bid to revitalise the country’s coronavirus-battered economy slammed by activists as “short-sighted”. The move… Continue reading Philippines lifts ban on new open-pit mines

This Was the Year When Finance Jumped the Doge

None of that would matter if it all remained confined to the realm of social media. Except the past few years have witnessed the explosion of zero-commission trading apps that allow easy access to stock markets—and suddenly people can follow through on their love for the meme. US Securities and Exchange Commission chair Gary Gensler… Continue reading This Was the Year When Finance Jumped the Doge

Tesla (TSLA) CEO Offloads More Shares, Concludes Trading Plan

Tesla’s TSLA CEO Elon Musk yesterday offloaded another $1.02 billion of his holdings in the company. This brings him close to his stated goal of reducing his stake in the electric vehicle (EV) maker by 10%. Per a filing with the U.S. Securities & Exchange Commission, the billionaire exercised an option yesterday to buy 1.6… Continue reading Tesla (TSLA) CEO Offloads More Shares, Concludes Trading Plan