Musk arrived in Germany on Wednesday Tesla’s first European gigafactory built near Berlin Site faces delays, to open in late 2021 BERLIN, Aug 12 (Reuters) – Armin Laschet, Germany’s conservative candidate to succeed Angela Merkel as chancellor, will meet with Tesla (TSLA.O) Chief Executive Elon Musk on Friday during a visit to the company’s gigafactory… Continue reading Would-be Merkel successor Laschet to meet Tesla’s Musk on Friday
Tag: Tesla
Tesla starts giving back Supercharger access to salvaged vehicles
Tesla has started to give back Supercharger access to owners of salvaged Tesla vehicles, reversing a move that angered many owners and that was contrary to Tesla’s mission. When vehicles are totaled in crashes, they are sold as salvaged vehicles. Some tech and mechanic savvy people buy those vehicles and disassemble them for parts or… Continue reading Tesla starts giving back Supercharger access to salvaged vehicles
Tesla’s Musk calls out 2 chip suppliers for “problematic” limitations
This content is only available to subscribers. $1 for 6 Months. Save 98%. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that interest you… Continue reading Tesla’s Musk calls out 2 chip suppliers for “problematic” limitations
China’s Nio plans new brand to take on Tesla in China
HONG KONG — Chinese premium electric vehicle maker Nio plans to launch a mass-market brand to take on Tesla, and will roll out three new models next year as it tries to widen its customer base. The planned models include its first premium sedan, the ET 7, and a cheaper variant to add to Nio’s… Continue reading China’s Nio plans new brand to take on Tesla in China
Nio vs. XPeng: Which is Coasting Toward Upside?
The sale of Electric Vehicles (EVs) in China is booming due to the Chinese government’s push towards electric vehicles. According to a Reuters report from last week, EV sales in July at Chinese automakers like Li Auto (LI) and XPeng (XPEV) more than tripled from the same period a year back. However, according to a… Continue reading Nio vs. XPeng: Which is Coasting Toward Upside?
How to value Nio’s stock compared to Tesla, VW, Ford and other rivals
Barrons.com Delta Is Hitting These Travel Stocks More Than Others The Delta variant appears to be taking a bite out of what had been a resurgent U.S. leisure-travel segment, though the evidence is anecdotal and fraught with crosscurrents. The federal Transportation Security Administration on Tuesday screened 1,727,075 individuals nationwide, the lowest level since June 15… Continue reading How to value Nio’s stock compared to Tesla, VW, Ford and other rivals
NIO’s Q2 Loss Narrows, Sales Jump Y/Y, Q3 Outlook Robust
NIO Inc. NIO reported second-quarter 2021 loss per American Depositary Share (ADS) of 7 cents, narrower than the year-ago loss of 16 cents owing to higher revenues. The China-based electric vehicle maker posted revenues of $1,308.4 million, up a whopping 127.2%, year over year. Robust deliveries in second-quarter 2021 led to this outperformance. NIO delivered… Continue reading NIO’s Q2 Loss Narrows, Sales Jump Y/Y, Q3 Outlook Robust
Nikola wins $2 million DOE grant after founder’s indictment
Hydrogen trucking startup Nikola has won a $2 million grant from the Department of Energy just two weeks after founder and former chairman Trevor Milton was indicted for allegedly committing fraud. The grant is meant to help Nikola research autonomous refueling technologies for hydrogen refilling stations. It was awarded by the DOE’s Energy Efficiency and… Continue reading Nikola wins $2 million DOE grant after founder’s indictment
Daimler could sell trucks stake a year after spin off -paper
By Reuters Staff 2 Min Read FILE PHOTO: The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke/File Photo BERLIN (Reuters) – Daimler could divest the 35% stake it will hold in its truck division after just one year following the planned spin-off, Handelsblatt business daily… Continue reading Daimler could sell trucks stake a year after spin off -paper
Autos & Transportation · 11:26 AM UTCTesla’s Musk says must keep to schedule on European gigafactory – ministerTesla (TSLA.O) CEO Elon Musk has made c…
BERLIN, Aug 12 (Reuters) – Tesla (TSLA.O) CEO Elon Musk has made clear how important it is for the company to keep to its schedule for the construction of its European gigafactory in the German state of Brandenburg, its Economy Minister Joerg Steinbach said. Tesla also said it was willing to intensify communication in the… Continue reading Autos & Transportation · 11:26 AM UTCTesla’s Musk says must keep to schedule on European gigafactory – ministerTesla (TSLA.O) CEO Elon Musk has made c…