BERLIN — Volkswagen Group CEO Herbert Diess told a supervisory board meeting in September that the company could lose 30,000 jobs if it transitioned too slowly to full-electric vehicles, two sources with knowledge of the matter told Reuters. Competition from new entrants to the industry such as Tesla has pushed the company to speed up… Continue reading VW CEO Diess warns shift to EVs could cost 30000 jobs, report says – Automotive News Europe
Tag: Tesla
Tesla directors get softer support, shareholder proposal gains traction
By Ross Kerber, Hyunjoo Jin 3 Min Read (Reuters) -Electric carmaker Tesla Inc on Wednesday reported lower support than usual for two directors at its recent shareholder meeting, and greater support for a call to review the company’s use of mandatory arbitration after a court decision in favor of a temporary employee who accused Tesla… Continue reading Tesla directors get softer support, shareholder proposal gains traction
Tesla secures large supply of nickel from New Caledonia for battery production
Tesla has signed a new supply agreement in order to secure a large amount of nickel from New Caledonia for battery production. Over the last year, Tesla CEO Elon Musk has been pushing for nickel producers to boost production as he expects the resource could become a bottleneck for battery production. It’s likely the reason why the… Continue reading Tesla secures large supply of nickel from New Caledonia for battery production
Tesla says arbitration proposal support rose but still not a majority
By Reuters Staff 1 Min Read Oct 13 (Reuters) – Automaker Tesla Inc on Wednesday said in a securities filing that support for a shareholder resolution on how it handles arbitration matters rose to 46% of votes cast at its annual meeting last week, up from 27% that a similar proposal received in 2020. (Reporting… Continue reading Tesla says arbitration proposal support rose but still not a majority
Safety regulator wants info on Tesla’s FSD beta, ‘safety score’ evaluation
The National Highway Traffic Safety Administration wants to know why Tesla didn’t issue a recall for Autopilot after it became obvious the driver assistance system had a problem “seeing” parked emergency vehicles. NHTSA is also asking Tesla for more information about the growing public beta test of its incomplete Full Self-Driving software, the recently launched… Continue reading Safety regulator wants info on Tesla’s FSD beta, ‘safety score’ evaluation
U.S. asks Tesla why it did not recall Autopilot after software changes
The logo of car manufacturer Tesla is seen at a dealership in London, Britain, May 14, 2021. REUTERS/Matthew Childs WASHINGTON, Oct 13 (Reuters) – U.S. auto safety regulators asked Tesla Inc (TSLA.O) why the electric-car maker has not issued a recall to address software changes made to its Autopilot driver-assistance system to improve the vehicles’… Continue reading U.S. asks Tesla why it did not recall Autopilot after software changes
Disrupted · 10:29 AM UTCTesla pushing Volkswagen to accelerate electric vehicle shiftCompetition from new entrants to Germany’s autos market such as T…
BERLIN, Oct 13 (Reuters) – Competition from new entrants to Germany’s autos market such as Tesla (TSLA.O) has pushed Volkswagen (VOWG_p.DE) to accelerate plans to transform its main plant towards producing electric vehicles, the company said on Wednesday. “There is no question that we have to address the competitiveness of our plant in Wolfsburg in… Continue reading Disrupted · 10:29 AM UTCTesla pushing Volkswagen to accelerate electric vehicle shiftCompetition from new entrants to Germany’s autos market such as T…
Tesla pushing Volkswagen to accelerate electric vehicle shift
BERLIN, Oct 13 (Reuters) – Competition from new entrants to Germany’s autos market such as Tesla (TSLA.O) has pushed Volkswagen (VOWG_p.DE) to accelerate plans to transform its main plant towards producing electric vehicles, the company said on Wednesday. “There is no question that we have to address the competitiveness of our plant in Wolfsburg in… Continue reading Tesla pushing Volkswagen to accelerate electric vehicle shift
Tesla cofounder JB Straubel sends warning to automakers going all-electric: ‘Do the supply chain math’
Tesla cofounder and longtime CTO JB Straubel sent a warning to automakers that are making announcements about timelines to go all-electric: “Make sure you do the math when it comes to your supply chain.” In a new episode of “This Week in Startups,” Straubel discussed his early days at Tesla and how he is proud… Continue reading Tesla cofounder JB Straubel sends warning to automakers going all-electric: ‘Do the supply chain math’
EnergyNew Caledonia’s Prony to supply nickel to Tesla in multi-year deal9:25 AM UTC
MELBOURNE, Oct 13 (Reuters) – Prony Resources said on Wednesday Tesla Inc (TSLA.O) had agreed to purchase around 42,000 tonnes of nickel in a multi-year deal – a pact that is set to make the New Caledonian miner a key supplier of the metal to the U.S. electric car maker. Prony, which bought the loss-making… Continue reading EnergyNew Caledonia’s Prony to supply nickel to Tesla in multi-year deal9:25 AM UTC