Tag: Tesla

Faraday Future just became a publicly traded company

Electric vehicle startup Faraday future is a publicly traded company. It’s okay, I’ll give you a moment. I’ve been reporting on Faraday Future for four years and it has even stunned me a few times in recent weeks. But it’s true: today, the startup’s shares began trading on the Nasdaq stock exchange, and a fresh… Continue reading Faraday Future just became a publicly traded company

‘I might pump but I don’t dump’: Elon Musk outlined his broad approach to crypto investing in a panel also featuring Cathie Wood and Jack Dorsey

Elon Musk REUTERS/Mike Blake Elon Musk on Wednesday said he is a supporter of bitcoin and wants to see the cryptocurrency succeed. “If the price of bitcoin goes down, I lose money. I might pump but I don’t dump,” Musk said during “The B Word” event. Musk spoke on the panel alongside Twitter chief Jack… Continue reading ‘I might pump but I don’t dump’: Elon Musk outlined his broad approach to crypto investing in a panel also featuring Cathie Wood and Jack Dorsey

Tesla (TSLA) sells back Maxwell Technology’s ultracapacitor business to former executives

Tesla (TSLA) has sold back Maxwell Technology’s ultracapacitor business and brand after acquiring it just over two years ago. Back in 2019, Tesla announced the acquisition of Maxwell Technology, a San Diego-based ultracapacitor and battery company, for over $200 million. While the company was mostly known for its ultracapacitor business, it had just developed a dry electrode… Continue reading Tesla (TSLA) sells back Maxwell Technology’s ultracapacitor business to former executives

Why NIO Stock Dropped and Then Recovered Today

Reuters Videos Tesla to open charging network to other EVs Tesla is set to let other brands’ electric cars use its charging stations. That’s according to a Tweet by boss Elon Musk. He says the move will come later this year, and over time be extended around the world. Tesla has about 25,000 of its… Continue reading Why NIO Stock Dropped and Then Recovered Today

Tesla knocked $500 off a hardware upgrade for its Full Self Driving subscription after customer backlash (TSLA)

Tesla told some owners they needed a hardware upgrade to get a Full Self-Driving subscription. This provoked backlash — Tesla said in 2016 its cars would come with Full Self-Driving hardware. Tesla dropped the cost of the upgrade from $1,500 to $1,000. Loading Something is loading. Elon Musk promised for months to offer a low-cost… Continue reading Tesla knocked $500 off a hardware upgrade for its Full Self Driving subscription after customer backlash (TSLA)

Eyeing IPO, Volvo Cars to take full control of its Chinese business

Volvo Cars has struck a deal to buy out parent company Zhejiang Geely Holding from their joint ventures in China, in a move that could make a potential initial public offering (IPO) for the Swedish automaker more attractive to investors. Hangzhou-based Geely, which also owns a 9.7% stake in Daimler, said earlier this year it was… Continue reading Eyeing IPO, Volvo Cars to take full control of its Chinese business

Lear Corporation (LEA) Fell Out Of Favor With Hedge Funds

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We have processed the filings of the more than 866 world-class investment firms that we track and now have access to the collective wisdom contained in… Continue reading Lear Corporation (LEA) Fell Out Of Favor With Hedge Funds

Running low on battery power: Brexit Britain faces an acid test

By Nick Carey and Barbara Lewis New Delhi: Britain has set a fast pace in the electric vehicle race with its 2030 ban on sales of new fossil fuel-powered cars and has offered 1 billion pounds ($1.4 billion) to jump start its battery industry and associated supply chain. But the cash and the headline-grabbing deadline… Continue reading Running low on battery power: Brexit Britain faces an acid test

General Motors CEO Mary Barra is steering the way to an all-electric future – The CEO Magazine

An engineer by trade, General Motors (GM) CEO Mary Barra always looks for ways to improve situations and solve challenges. As if born with a crystal ball installed in her very DNA, imagining what’s next and then capitalising on those opportunities comes second nature to her, almost in the same way improving people’s lives and… Continue reading General Motors CEO Mary Barra is steering the way to an all-electric future – The CEO Magazine