Tag: Tesla

World NM: Goldman Sachs is creating an auto-tech joint venture amid a SPAC boom for EV and lidar companies: Report000858

Goldman Sachs is forming an investment-banking joint venture that will specialise in automotive technology, Bloomberg reported on Friday. Auto technology has provided plenty of dealmaking and underwriting opportunities for Wall Street banks in recent years, as there have been a number of high-profile acquisitions and public listings involving electric-vehicle, autonomous-vehicle, and ride-hailing companies. Goldman has… Continue reading World NM: Goldman Sachs is creating an auto-tech joint venture amid a SPAC boom for EV and lidar companies: Report000858

Morgan Stanley’s investment arm is reportedly considering a stake in bitcoin

An investment unit under Morgan Stanley is exploring a stake in bitcoin, according to Bloomberg.   Morgan Stanley Investment Management’s Counterpoint Global, a $150 billion investing unit, was looking into whether the cryptocurrency would be a “suitable option for its investors,” Bloomberg reported, citing people familiar with the matter. The investment would require regulatory approval, the… Continue reading Morgan Stanley’s investment arm is reportedly considering a stake in bitcoin

Tesla will set up an electric car manufacturing unit in India

Tesla will set up an electric car manufacturing unit in the southern Indian state of Karnataka, CNBC TV 18 reported on Saturday, citing Karnataka chief minister B.S. Yediyurappa. Last month the company incorporated Tesla Motors India and Energy Private Limited with its registered office in the southern city of Bengaluru, a hub for several global… Continue reading Tesla will set up an electric car manufacturing unit in India

Tesla introduces new center console in Model Y electric SUV

Tesla has started to introduce its new center console in the Model Y electric SUV after bringing it to the Model 3 last year. Late last year, Tesla launched a refresh version of the Model 3 with several updated features. One of the biggest changes was a new center console between the two front seats.… Continue reading Tesla introduces new center console in Model Y electric SUV

Ford chief calls for EV battery deal to avoid supply disruptions

Ford Motor Co.’s chief executive officer called on electric-vehicle battery giants LG Energy Solution Co. and SK Innovation Co. to resolve their intellectual property dispute to prevent disruptions in the supply chain. In a post on Twitter Thursday, CEO Jim Farley said the court’s ruling still allows for Ford to launch its best-selling electric F-150… Continue reading Ford chief calls for EV battery deal to avoid supply disruptions

Look out Tesla, SAIC’s $4,500 electric car takes China by storm

BEIJING — On the showroom floor of a SAIC-GM-Wuling Automobile dealership in Chongqing, a salesman enthusiastically recommended the Wuling Hong Guang Mini EV, an electric car that has quickly won over Chinese drivers since its nationwide launch in July. The boxy compact lives up to its name, measuring less than 3-meters long and 1.5-meters wide,… Continue reading Look out Tesla, SAIC’s $4,500 electric car takes China by storm

‘Absolutely brilliant’: an auto-manufacturing expert praised Tesla’s latest self-driving software after a test ride (TSLA)

Auto-manufacturing expert Sandy Munro praised Tesla’s latest self-driving tech after a test ride. During an interview with Elon Musk, Munro said the system should hit the market as soon as possible. Tesla released a beta of its “full self-driving” mode, which doesn’t yet make cars autonomous, last year. Visit the Business section of Insider for more… Continue reading ‘Absolutely brilliant’: an auto-manufacturing expert praised Tesla’s latest self-driving software after a test ride (TSLA)