Tesla chair Denholm sells shares worth more than $22 million

By Reuters Staff 1 Min Read FILE PHOTO: The Tesla logo is seen on a car in Los Angeles, California, U.S., July 9, 2020. REUTERS/Lucy Nicholson/File Photo (Reuters) – Tesla Inc chair Robyn Denholm sold more than $22 million worth of shares in the electric-car maker after exercising stock options, according to a filing with… Continue reading Tesla chair Denholm sells shares worth more than $22 million

Elon Musk ruthlessly cleaned house of any Tesla workers who disagreed or got in his way, a new book says (TSLA)

A new book details numerous instances where Elon Musk appears to “rage-fire” employees. The CEO created an environment where workers who disagreed with him were swiftly ousted, the book says. In the past, Musk has denied allegations that he goes on such firing sprees.  Loading Something is loading. Tesla CEO Elon Musk has denied allegations… Continue reading Elon Musk ruthlessly cleaned house of any Tesla workers who disagreed or got in his way, a new book says (TSLA)

Indian auto part makers want Tesla’s entry to benefit local companies

A Tesla sales and service center is shown in Costa Mesa, California, U.S. June 28, 2018. REUTERS/Mike Blake/File Photo NEW DELHI, Aug 3 (Reuters) – India’s auto component makers want Tesla’s potential entry to benefit the country’s suppliers, and one way to achieve that is for the company to manufacture locally, the head of the… Continue reading Indian auto part makers want Tesla’s entry to benefit local companies

Electrify America to phase out CHAdeMO charging from 2022

The charging standards war ended in 2020, when Nissan announced that it would abandon the CHAdeMO DC fast charging standard in favor of the competing CCS standard. The only plug-in vehicle on sale in the US that still uses CHAdeMO is the low-volume Mitsubishi Outlander PHEV. Of course, there are still substantial numbers of older… Continue reading Electrify America to phase out CHAdeMO charging from 2022

Tesla investors want financier to dish on Musk’s going private tweet

Tesla Inc CEO Elon Musk walks next to a screen showing an image of Tesla Model 3 car, Shanghai, China January 7, 2020. REUTERS/Aly Song Summary Companies Related documents Musk discussed deal with private equity executive Investors want him to appear for deposition Lawsuit seeks damages over Musk’s 2018 “funding secured” tweet The company and… Continue reading Tesla investors want financier to dish on Musk’s going private tweet

Tesla agrees to pay $1.5 million to settle claims over battery voltage reduction

July 29 (Reuters) – Tesla Inc (TSLA.O) has agreed to pay $1.5 million to settle claims a software update temporarily reduced maximum battery voltage in 1,743 Model S sedans, court documents show. Owners of the vehicles will get $625 each, which is “many times the prorated value of the temporarily reduced maximum voltage,” according to… Continue reading Tesla agrees to pay $1.5 million to settle claims over battery voltage reduction

China’s electric vehicle makers report strong July sales

People stand near the logo of Chinese electric vehicle (EV) maker Li Auto at a product launch event in Beijing, China May 25, 2021. Picture taken May 25, 2021. REUTERS/Yilei Sun Aug 2 (Reuters) – Electric vehicle sales at China’s Li Auto and Xpeng Inc more than tripled in July from a year ago, while… Continue reading China’s electric vehicle makers report strong July sales

German Manager Magazin: Electric car approvals Western Europe 1st half year: Tesla’s Model 3 beats VW ID models – for the time being 001011

The German Federal Motor Transport Authority reported new records for new registrations of pure vehicles almost every month Electric cars and plugin hybrids. The numbers show with regularity how much the “environmental premium” increased in the wake of the corona pandemic is catching on. Thanks to the subsidy, which is shared equally by the state… Continue reading German Manager Magazin: Electric car approvals Western Europe 1st half year: Tesla’s Model 3 beats VW ID models – for the time being 001011