The same story has played out for decades. A startup blossoms and thrives under the leadership of a larger-than-life personality. A plateau soon follows. The company’s focus moves from introducing an endless string of new products to making sure what it is building meets the demands of customers. The honeymoon period ends and a new… Continue reading Elon Musk and Tesla need a Tim Cook
Tag: Tesla
Lucid cuts 2022 production goal, shares slide, article with gallery
SAN FRANCISCO, Feb 28 (Reuters) – Luxury electric car maker Lucid Group on Monday revised down its production forecast for this year due to “extraordinary supply chain and logistics challenges,” knocking its shares down 14%. Electric vehicle startups like Rivian Automotive (RIVN.O) and Lordstown Motors (RIDE.O), which have raised money in public listings, have fallen… Continue reading Lucid cuts 2022 production goal, shares slide, article with gallery
Lordstown expects to sell 500 Endurance trucks even as costs surge, article with image
A Lordstown Motors sign is seen outside the Lordstown Assembly Plant in Lordstown, Ohio, U.S., June 21, 2021. REUTERS/Rebecca Cook Register now for FREE unlimited access to Reuters.com Register Feb 28 (Reuters) – Electric vehicle startup Lordstown Motors Corp (RIDE.O) said on Monday it plans to sell its first 500 Endurance electric pickup trucks this… Continue reading Lordstown expects to sell 500 Endurance trucks even as costs surge, article with image
New Tesla Cybertruck prototype spotted with bed cover
A new Tesla Cybertruck prototype has been spotted at Tesla’s Fremont factory, and it featured a bed cover – something that was missing in other recently spotted prototypes. We expected to get an update about the Cybertruck as part of a product roadmap CEO Elon Musk had said he would release as part of the… Continue reading New Tesla Cybertruck prototype spotted with bed cover
Lucid Motors says it expects to make fewer EVs in 2022 than it originally planned
Luxury electric vehicle maker Lucid Motors is slashing its production forecast for 2022, citing supply chain constraints. The Newark, California-based company announced it was revising down its production expectations to 12,000 to 14,000 vehicles from the original prediction of 20,000 vehicles. “This reflects the extraordinary supply chain and logistics challenges we’ve encountered and our unrelenting… Continue reading Lucid Motors says it expects to make fewer EVs in 2022 than it originally planned
SEC probes Elon Musk, brother Kimbal over Tesla share sales – WSJ
Feb 24 (Reuters) – The U.S. Securities and Exchange Commission is investigating whether recent stock sales by Tesla Inc (TSLA.O) Chief Executive Elon Musk and his brother Kimbal Musk “violated insider trading rules”, the Wall Street Journal reported on Thursday, citing people familiar with the matter. According to the report, the investigation began last year… Continue reading SEC probes Elon Musk, brother Kimbal over Tesla share sales – WSJ
Exclusive-Tesla plans new Shanghai plant to more than double China capacity – sources
SHANGHAI, Feb 24 (Reuters) – Tesla Inc (TSLA.O) plans to start work on a new plant in Shanghai as soon as next month as part of a plan to more than double production capacity in China to meet growing demand for its cars in the country and export markets, two people familiar with the matter… Continue reading Exclusive-Tesla plans new Shanghai plant to more than double China capacity – sources
Panasonic to begin mass producing new Tesla battery by end-March 2024, article with image
A Panasonic Corp’s lithium-ion battery, which is part of Tesla Motor Inc’s Model S and Model X battery packs, is pictured with Tesla Motors logo during a photo opportunity at the Panasonic Center in Tokyo, ahead of the 2013 Tokyo Motor Show, November 19, 2013. REUTERS/Yuya Shino/Files Register now for FREE unlimited access to Reuters.com… Continue reading Panasonic to begin mass producing new Tesla battery by end-March 2024, article with image
Ferrari files new patent for future electric sports car platform
Mid-way through last year, Ferrari’s CEO John Elkann confirmed that the company would launch its first pure-electric sports car in 2025. It seems Ferrari is steaming ahead with the development process, as the firm has just filed a patent for a new electrified sports car platform, which we expect will underpin its upcoming EV rival… Continue reading Ferrari files new patent for future electric sports car platform
German Manager Magazin: Michael Lohscheller: Former Opel boss switches to Nikola001569
The career of the former Volkswagen-Managers and OpelBoss Michael Lohscheller (53) takes another rapid turn. After a brief stint as Head of Vietnamese newcomer VinFast, which ended abruptly after just three months shortly after Christmas, the German is drawn to the young US company Nikola. Lohscheller hires as president of the scandal start-up and is… Continue reading German Manager Magazin: Michael Lohscheller: Former Opel boss switches to Nikola001569