SHANGHAI Reuters) – Polestar, the premium electric vehicle maker owned by China’s Geely, plans a big expansion of its showroom network in the mainland, sources said, as it prepares for delivery of cars to compete with Tesla Inc’s locally made Model 3. A worker wearing a face mask following the coronavirus disease (COVID-19) outbreak cleans… Continue reading Geely’s Polestar plans China showroom expansion to compete with Tesla: sources
Tag: Tesla
Elon Musk: Tesla is speeding up production and installations of Supercharger V3
Elon Musk confirmed that Tesla’s slower deployment of Supercharger V3 was due to production, but it is now ramping up. Musk said that he wants the Supercharger network to cover “95% to 100% of the population in all active markets”. They had the goal to have 18,000 Superchargers around the world by the end of 2018. Unfortunately, Tesla… Continue reading Elon Musk: Tesla is speeding up production and installations of Supercharger V3
Elon Musk reaches first Tesla compensation award worth nearly $800 million
Tesla CEO Elon Musk has unlocked the first of 12 possible stock option awards from the massive compensation plan he signed in 2018, and it’s worth nearly $800 million. The company disclosed on Thursday that Musk now has the option to buy 1.69 million of its shares because Tesla eclipsed $20 billion in total revenue… Continue reading Elon Musk reaches first Tesla compensation award worth nearly $800 million
Elon Musk has officially hit the first milestone of his $55 billion compensation package (TSLA)
Elon Musk unlocks first part of $55 billion compensation package – Business Insider World globe An icon of the world globe, indicating different international options.” US Edition Facebook Icon The letter F. Twitter icon A stylized bird with an open mouth, tweeting. LinkedIn icon The word “in”. YouTube icon A play button in the shape… Continue reading Elon Musk has officially hit the first milestone of his $55 billion compensation package (TSLA)
Electric vehicle maker Nio eyes listing of new China entity
(Reuters) – Electric vehicle (EV) maker Nio Inc’s chief executive said it may list its new Nio China entity, as the cash-strapped company eyed a rebound after selling fewer vehicles during the coronavirus outbreak. Chinese electric vehicle start-up NIO Inc., logo is on display on the trading floor of the New York Stock Exchange (NYSE)… Continue reading Electric vehicle maker Nio eyes listing of new China entity
UPDATE 2-Electric vehicle maker Nio eyes listing of new China entity
(Reuters) – Electric vehicle (EV) maker Nio Inc’s chief executive said it may list its new Nio China entity, as the cash-strapped company eyed a rebound after selling fewer vehicles during the coronavirus outbreak. Chinese electric vehicle start-up NIO Inc., logo is on display on the trading floor of the New York Stock Exchange (NYSE)… Continue reading UPDATE 2-Electric vehicle maker Nio eyes listing of new China entity
China’s Nio quarterly revenue misses estimates on COVID-19 hit
Chinese electric vehicle start-up NIO Inc., logo is on display on the trading floor of the New York Stock Exchange (NYSE) as NIO stock begins trading during the company’s initial public offering (IPO) at the NYSE in New York, U.S., September 12, 2018. REUTERS/Brendan McDermid (Reuters) – Nio Inc on Thursday reported quarterly revenue below… Continue reading China’s Nio quarterly revenue misses estimates on COVID-19 hit
EXCLUSIVE Volkswagen: CEO Diess plans new offensive against Tesla
Swen gatekeeper / dpa, Audi Mission Tesla-Fight: VW CEO Herbert Diess makes Audi boss Markus Duesmann the project manager of the electric offensive. Volkswagen CEO Herbert Diess (61) is planning a new offensive against electric car market leader Tesla. A Tesla fighter is planned for 2025. In a “Mission T” workshop, corporate and brand directors… Continue reading EXCLUSIVE Volkswagen: CEO Diess plans new offensive against Tesla
Elon Musk says he wants to make a new Tesla truck smaller than the forthcoming Cybertruck
The Tesla Cybertruck’s size will no longer be reduced by 3%, CEO Elon Musk said in a recent tweet. Instead, it will keep its original size. Musk says Tesla will likely create a smaller truck than the Cybertruck “at some point.” Visit Business Insider’s homepage for more stories. Despite previous reports of Elon Musk considering… Continue reading Elon Musk says he wants to make a new Tesla truck smaller than the forthcoming Cybertruck
Volkswagen will sell its new European EVs in a similar way to Tesla — here’s how it works
Volkswagen will sell its all-electric ID family of cars through a hybrid dealer and direct sales model. The new model is effective in Europe only at this point. Volkswagen will announce how it will sell its electric cars in the US at a later date. Visit Business Insider’s homepage for more stories. Tesla famously uses… Continue reading Volkswagen will sell its new European EVs in a similar way to Tesla — here’s how it works