Electric-truck startup Rivian Automotive Inc could target a valuation of about $70 billion in its potential public listing later this year, Bloomberg news reported on Friday. Amazon.com Inc and Ford Motor Co-backed Rivian had a valuation of $27.6 billion, Reuters reported in January, after a $2.65-billion investment round led by T. Rowe Price. Rivian is working with advisers including Goldman Sachs Group Inc, JPMorgan Chase & Co., and Morgan Stanley on an initial… Continue reading EV firm Rivian could target valuation of $70b in IPO
Tag: Tesla
Patent applications: Tesla Cybertruck armored glass is losing its secret
Tesla has disclosed details of the Cybertruck in patent applications: In addition to the bulletproof glass, it is about the user interface and the load compartment cover. (Tesla, technology) Go to source
Top Automotive Industry News for Week of May 17 – May 23, 2021
Here is the most important news associated with the automotive industry identified by the AEA for the week of May 17, 2021 – May 23, 2021. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Executives Association (AEA) News- The AEA is excited to open our unique… Continue reading Top Automotive Industry News for Week of May 17 – May 23, 2021
Clean Technica: By Stiffing Tesla, Texas Legislators Prove That They Don’t Really Value Freedom000924
The Texas legislative session is coming to an end, and a bill that would have allowed Tesla (and other EV manufacturers) to directly sell vehicles in the state died in committee. This means that Tesla will be in the absurd position of having to ship made-in-Texas vehicles out of the state and then ship them… Continue reading Clean Technica: By Stiffing Tesla, Texas Legislators Prove That They Don’t Really Value Freedom000924
Clean Technica: The Supercar/Hypercar Wars Continue, But The Roadster Still Has An Ace Up Its Sleeve000923
When the Tesla Roadster was revealed, it was quite a surprise. People thought the Tesla Semi reveal was over and that everyone was going to head home soon. Suddenly, the lights changed and the prototype came out of the back of a Semi like the DeLorean in Back To The Future came out of Doc… Continue reading Clean Technica: The Supercar/Hypercar Wars Continue, But The Roadster Still Has An Ace Up Its Sleeve000923
Elon Musk is ‘a competitive advantage’ for Tesla: analyst
TipRanks 3 ‘Strong Buy’ Stocks From a Top Analyst on Wall Street The professional corps of Wall Street stock analysts is 7,500 strong and growing. Collectively, they present us – every day – with comprehensive reviews on the full list of publicly traded stocks. Their information is invaluable for investors of all stripes – but… Continue reading Elon Musk is ‘a competitive advantage’ for Tesla: analyst
Elon Musk said the delivery date for the Tesla Model S Plaid is being pushed to June 10 but that the ‘car feels like a spaceship’
Elon Musk said the delivery date for the Model S Plaid has been pushed back one week to June 10. Musk also said “this car feels like a spaceship” and “words cannot describe the limbic resonance.” The electric vehicle goes for $113,000 on Tesla’s website and can reach speeds of up to 200 mph. See more… Continue reading Elon Musk said the delivery date for the Tesla Model S Plaid is being pushed to June 10 but that the ‘car feels like a spaceship’
Elon Musk tweets Tesla Model S Plaid delivery to be delayed until June 10th
Tesla CEO Elon Musk tweeted Saturday that deliveries of the automaker’s Model S Plaid would be delayed until June 10th because the car needs “one more week of tweak.” “This car feels like a spaceship,” tweeted Musk, who is also CEO of SpaceX. “Words cannot describe the limbic resonance.” The company has been teasing the… Continue reading Elon Musk tweets Tesla Model S Plaid delivery to be delayed until June 10th
Tesla delays first Model S Plaid deliveries, Musk says one more week of ‘tweak’ is needed
CEO Elon Musk announced that Tesla is delaying its Model S Plaid delivery event as the new electric vehicle apparently needs one more week of tuning. Back in January 2021, Tesla introduced a refreshed version of the Model S and Model X, which brings a new powertrain, new interior, and updated exterior design to Tesla’s… Continue reading Tesla delays first Model S Plaid deliveries, Musk says one more week of ‘tweak’ is needed
Tesla patent applications reveal that Cybertruck could use facial recognition to adjust climate controls, mirrors, and more (TSLA)
Tesla patent applications reveal some new features that could make it into the Cybertruck. Interior cameras may recognize a driver’s face and adjust settings accordingly. The truck may also determine where a driver’s face is to adjust air conditioning and mirrors. See more stories on Insider’s business page. Tesla revealed the Cybertruck in 2019, but years… Continue reading Tesla patent applications reveal that Cybertruck could use facial recognition to adjust climate controls, mirrors, and more (TSLA)