With over 12 major vehicle launches including Tesla’s Model S, John Taylor brings critical engineering experience to oversee Mullen’s manufacturing facilities for the MX-05 and MX-07 SUVs. BREA, CA., Jan. 21st, 2021 – Mullen Technologies Inc. (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, which previously announced a definitive agreement to merge with… Continue reading @niche: Former Tesla Lead for Advanced Manufacturing Group Joins Mullen Automotive as VP of EV Manufacturing.000484
Tag: Tesla
Elon Musk’s plan to dig car tunnels under Miami is filled with holes
One more tunnel should do it. Photo: Miami Herald/Tribune News Service via Getty Images Last weekend, Elon Musk claimed that he’d had a conversation with Florida Governor Ron DeSantis about his Boring Company project, which builds very short, very small tunnels for cars. “Cars & trucks stuck in traffic generate megatons of toxic gases &… Continue reading Elon Musk’s plan to dig car tunnels under Miami is filled with holes
China’s BYD raises $4bn war chest to combat Tesla
GUANGZHOU — Chinese electric vehicle maker BYD has raised 29.9 billion Hong Kong dollars ($3.85 billion) from a stock sale, with the proceeds to fortify the company against Tesla’s successful forays in its backyard. BYD issued 133 million new shares in Hong Kong’s stock market priced at HK$225 each, the company said Thursday. This represents roughly… Continue reading China’s BYD raises $4bn war chest to combat Tesla
BMW targets higher margins while investing in electric cars
By Christina Amann 3 Min Read MUNICH (Reuters) – BMW aims to return to its pre-pandemic operating margin target as the global economy recovers, but big investments in electric cars mean the automaker will have to simplify its vehicle portfolio, its finance chief told Reuters. Slideshow ( 3 images ) Nicolas Peter said orders had… Continue reading BMW targets higher margins while investing in electric cars
Rivian uses one of Elon Musk’s favorite job-interview techniques to determine which candidates stand out from the pack (TSLA)
Rivian and Elon Musk note the amount of detail job seekers use to describe problems they’ve faced. To Musk, too little detail indicates you’re overstating the role you played. For Rivian, failing to give credit to coworkers suggests you’re not a team player. Visit Business Insider’s homepage for more stories. Rivian CEO RJ Scaringe and… Continue reading Rivian uses one of Elon Musk’s favorite job-interview techniques to determine which candidates stand out from the pack (TSLA)
Billionaire investor Seth Klarman lambasts the Fed for distorting markets — and says Tesla’s stock has surged ‘seemingly beyond all reason’
Seth Klarman, president and CEO of the The Baupost Group Getty Images/ Scott Olson Billionaire investor Seth Klarman warns stimulus and interest rates are masking market risks. The Baupost chief compared investors to “frogs in water that is slowly being heated to a boil.” Klarman added that Tesla stock has surged “seemingly beyond all reason.”… Continue reading Billionaire investor Seth Klarman lambasts the Fed for distorting markets — and says Tesla’s stock has surged ‘seemingly beyond all reason’
German Handelsblatt: Carbon dioxide emissions: Volkswagen just misses the EU’s CO2 target: a million-dollar fine threatens001143
Volkswagen misses emissions targets VW parking lot in Wolfsburg: The car company will only meet the EU emissions standards this year. (Photo: dpa) Düsseldorf The Volkswagen Group just missed the European fleet targets for carbon dioxide emissions. As the company announced on Thursday, the average value of all cars sold in Europe in the past… Continue reading German Handelsblatt: Carbon dioxide emissions: Volkswagen just misses the EU’s CO2 target: a million-dollar fine threatens001143
Tesla drops Model 3 prices in Europe
Tesla has reduced Model 3 prices in several European markets, which could be partly linked to exchange rate changes – though the correlation is not exactly consistent. Tesla in Europe Tesla has long been the leader in electric vehicles as the automaker was early in investing in mass volume production while major automakers were focusing… Continue reading Tesla drops Model 3 prices in Europe
Electric Car Maker BYD Seeks Up to $3.6 Billion in Placement
(Bloomberg) — BYD Co., a Chinese electric-vehicle manufacturer backed by Warren Buffett, is looking to raise as much as $3.6 billion from a sale of its Hong Kong-listed shares, capitalizing on rising demand for new-energy vehicles and a blistering stock rally. BYD is selling 121.1 million shares at HK$222 to HK$228 each, according to terms… Continue reading Electric Car Maker BYD Seeks Up to $3.6 Billion in Placement
Investors pump $125 million into EV charging startup Volta
Volta is riding a wave of investor enthusiasm for electric vehicles and related businesses. By Paul Lienert Volta, a San Francisco-based electric vehicle charging startup, said on Tuesday it had raised $125 million from investors. The Series D round brings Volta’s total funding to more than $200 million, the company said. Volta is riding a… Continue reading Investors pump $125 million into EV charging startup Volta