Tesla says Black people hold just 4% of its U.S. leadership roles

By Reuters Staff 2 Min Read FILE PHOTO: The Tesla logo is seen on a car at Tesla’s new showroom in Manhattan’s Meatpacking District in New York City, U.S., Dec. 14, 2017. REUTERS/Brendan McDermid/File Photo (Reuters) – Black employees make up just 4% of Tesla Inc’s American leadership roles and 10% of its total workforce… Continue reading Tesla says Black people hold just 4% of its U.S. leadership roles

Elon Musk is reportedly planning a move to Texas after his tirade about California’s coronavirus response (TSLA)

Elon Musk has informed friends that he plans to move to Texas, CNBC reports. The news comes after Musk threatened in May to move Tesla out of California because of its response to the coronavirus.  Texas famously has no state income tax, which could save Musk a lot of money on his massive pay package. … Continue reading Elon Musk is reportedly planning a move to Texas after his tirade about California’s coronavirus response (TSLA)

Tesla releases service manuals, diagnostic tools, and more for free

Tesla is now giving access to service manuals, repair guides, diagnostic tools, and more for free. The new right-to-repair initiative should help owners who want to tinker with their vehicles themselves. Last month, we reported that Tesla was fighting a new “Right to Repair” initiative in Massachusetts, claiming it would weaken its cybersecurity. The initiative,… Continue reading Tesla releases service manuals, diagnostic tools, and more for free

Elon Musk is open to talking about merging Tesla with another car company. These are the 4 most likely candidates. (TSLA)

Tesla CEO Elon Musk said on Tuesday that he would be open to discussing a merger with a rival automaker. Experts told Business Insider that Ford, General Motors, Nio, and the Renault-Nissan-Mitsubishi alliance would be Tesla’s most likely merger candidates. They could offer Tesla manufacturing expertise, a larger global footprint, and a stronger position in… Continue reading Elon Musk is open to talking about merging Tesla with another car company. These are the 4 most likely candidates. (TSLA)

How the designer of Lucid Motors’ $80,000 Tesla rival transformed a 2015 sketch into the EV of the future

Business Insider spoke with Derek Jenkins, the VP of design at Lucid Motors, about designing the company’s upcoming Air EV. The Air debuted in September. The Air was first sketched out in 2015 and the design team had to figure out what would still look futuristic by the time the car debuted in 2020. Because… Continue reading How the designer of Lucid Motors’ $80,000 Tesla rival transformed a 2015 sketch into the EV of the future

Goldman Sachs says Tesla will sell 15 million cars per year by 2040 — nearly double General Motors (TSLA, GS)

Tesla’s already worth more than any other American automaker, and Goldman Sachs expects it to soon overtake their sales numbers too. The bank on Wednesday upped its financial estimates and price target for the automaker’s high-flying stock to $780, the highest on Wall Street, citing continued market share gains. “If Tesla sustains its mid to… Continue reading Goldman Sachs says Tesla will sell 15 million cars per year by 2040 — nearly double General Motors (TSLA, GS)

Aston Martin boss distances himself from questionable EV report

Aston Martin Lagonda Global Holdings Plc is reviewing how a report was commissioned that researchers criticized for making inaccurate comparisons of the climate harm caused by cars powered by batteries and combustion engines. Tobias Moers, Aston Martin’s chief executive officer, said the report the carmaker compiled along with some of its peers predated him joining… Continue reading Aston Martin boss distances himself from questionable EV report

Tesla: Musk does not rule out alliances with a car manufacturer

CAR AT THE PLUG The “divine” Elon launches a new move: ally with a generalist (Afp) The “divine” Elon launches a new move: ally with a generalist December 3, 2020 2 ‘of reading Tesla’s number one, Elon Musk, does not rule out possible alliances with traditional car manufacturers. He said this when answering a specific… Continue reading Tesla: Musk does not rule out alliances with a car manufacturer

Electric hypercar maker Rimac says SPAC funding hype could damage industry

By Reuters Staff 3 Min Read FRANKFURT (Reuters) – A surge in the use of special purpose acquisition companies (SPAC) for raising money for electric vehicle start-ups could harm the long-term prospects of the industry, Mate Rimac, founder of electric hypercar maker Rimac, said on Thursday. FILE PHOTO: A 2019 Rimac C2 Hyper car, valued… Continue reading Electric hypercar maker Rimac says SPAC funding hype could damage industry