By Joshua Franklin and Anirban SenLuxury electric vehicle maker Lucid Motors Inc is getting close to a deal to go public at a roughly $12-billion valuation after veteran dealmaker Michael Klein’s blank-check acquisition firm launched a financing effort to back the transaction, people familiar with the matter said on Tuesday. The merger between Lucid and… Continue reading Lucid Motors nears SPAC deal as Klein launches financing
Tag: Tesla
EVgo plans many more Tesla chargers to supplement Supercharger network
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Exclusive: Lucid Motors nears SPAC deal as Klein launches financing – sources
By Joshua Franklin, Anirban Sen 3 Min Read (Reuters) – Luxury electric vehicle maker Lucid Motors Inc is getting close to a deal to go public at a roughly $12-billion valuation after veteran dealmaker Michael Klein’s blank-check acquisition firm launched a financing effort to back the transaction, people familiar with the matter said on Tuesday.… Continue reading Exclusive: Lucid Motors nears SPAC deal as Klein launches financing – sources
EVgo makes more of its fast charging network available to Tesla drivers
In December 2019, public fast charging network EVgo, in collaboration with Tesla, began installing the automaker’s proprietary connector at its DC fast charging stations around the country (Tesla drivers can use CHAdeMO or CCS plugs, but they need a bulky and pricey adapter, and a CCS adapter only recently became available in the US). Now… Continue reading EVgo makes more of its fast charging network available to Tesla drivers
German Manager Magazin: Tesla: rival Rivian could build its own factory in Germany000566
Tesla has big plans in Grünheide: But the expansion of the factory, the 500,000 in the future Electric cars deliver each year and at the same time become the world’s largest battery factory, apparently slows down. Insiders speak loudly “Automobile week” of a “massive delay” for both the car and the planned battery plant. Five… Continue reading German Manager Magazin: Tesla: rival Rivian could build its own factory in Germany000566
Tesla: Elon Musk’s ambitions in India become clearer
Posted on Feb 15, 2019 2021 at 10:42 Updated on 15 feb. 2021 at 10:50 A new – gigantic – playground for Elon Musk? After the United States, China and Germany (where production has not yet started), Tesla is very close to reaching an agreement to manufacture its cars in another country: India, the world’s… Continue reading Tesla: Elon Musk’s ambitions in India become clearer
Report: Tesla to launch manufacturing unit in southern India
The electric vehicle maker also recently registered a unit in the country. Go to Source
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