By Reuters Staff 1 Min Read FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk looks on after arriving on the red carpet for the Axel Springer award, in Berlin, Germany, December 1, 2020. REUTERS/Hannibal Hanschke/Pool FRANKFURT (Reuters) – Tesla Chief Executive Elon Musk on Tuesday said he was open to discussing a merger of… Continue reading Tesla CEO says he is open to friendly deal with rival carmaker
Tag: Tesla
Electric Car Maker Claims Elon Musk Crashed Its EV Into a Brick Wall
Three-Wheeled Crash The founder of Arcimoto, a company producing peppy electric three-wheeled electric vehicles in Oregon, claims that Tesla CEO Elon Musk crashed one of its cars into a brick wall in the fall of 2019. “Elon is the very first one to ever crash an Arcimoto, a production Arcimoto,” CEO Mark Frohnmayer told Galileo Russell,… Continue reading Electric Car Maker Claims Elon Musk Crashed Its EV Into a Brick Wall
Tesla whistleblower Martin Tripp ordered to pay $400,000 to settle hacking case
Martin Tripp, the former Tesla worker who has been embroiled in a bitter legal battle with CEO Elon Musk for over two years, was ordered to pay his former employer $400,000 after admitting to leaking confidential information to a reporter. The settlement is intended to bring an end to one of the more sordid stories… Continue reading Tesla whistleblower Martin Tripp ordered to pay $400,000 to settle hacking case
Former Tesla employee to pay $400,000 to end lawsuit over tips to reporters
By Jonathan Stempel 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) – A former Tesla Inc factory employee will pay Elon Musk’s electric car maker $400,000 after it accused him… Continue reading Former Tesla employee to pay $400,000 to end lawsuit over tips to reporters
Elon Musk wanted to name his tequila ‘Teslaquila,’ but Mexico wouldn’t let him
In November, Elon Musk’s Tesla brought out a novelty tequila called “Tesla Tequila.” Originally, Tesla filed to call the product “Teslaquila,” but it was blocked by Mexico’s Tequila Regulatory Council. Essentially, if Tesla wanted to call its drink tequila, it had to use the word tequila without changing it so as to avoid diluting the… Continue reading Elon Musk wanted to name his tequila ‘Teslaquila,’ but Mexico wouldn’t let him
VW bets on Porsche racecar engineer to help overtake Tesla
* Hitzinger heading up Volkswagen’s Project Artemis * Aims to be producing new electric car in 2024 * Expects to have 200-250 staff on the project FRANKFURT, Dec 1 (Reuters) – Alexander Hitzinger, a 49-year-old engineer who defected to Apple after helping to develop Porsche’s winning 919 racecar, has been lured back to Volkswagen Group… Continue reading VW bets on Porsche racecar engineer to help overtake Tesla
Exclusive: LG Chem to double China battery capacity to meet Tesla demand – sources
By Reuters Staff 4 Min Read SEOUL (Reuters) – South Korea’s LG Chem Ltd plans to more than double production capacity of battery cells it makes in China for Tesla Inc electric vehicles (EV) next year, sources said, to keep up with its U.S. client’s growth in the biggest car market. FILE PHOTO: The logo… Continue reading Exclusive: LG Chem to double China battery capacity to meet Tesla demand – sources
Nikola’s Badger has been canceled, but other electric pickups with outlandish features are coming — here’s what to expect from Tesla, Rivian, GMC, and others
Electric pickup trucks are set to flood the car market over the next couple of years, with many promising cool and useful features. Tesla claims its Cybertruck will be bulletproof, Rivian has showed off an innovative “gear tunnel” cargo area in its R1T, and the GMC Hummer EV will have a removable, transparent roof. Buyers… Continue reading Nikola’s Badger has been canceled, but other electric pickups with outlandish features are coming — here’s what to expect from Tesla, Rivian, GMC, and others
Tesla surges 4% to record high amid approval from China to sell its Model Y SUV (TSLA)
Attila Kisbenedek/AFP via Getty Images Tesla’s stock hit a record high on Monday amid a report from Reuters that the electric vehicle company gained approval from China to sell its Model Y SUV in the country. Tesla has built up its manufacturing capabilities in Shanghai to produce the Model Y SUV. The company already sells… Continue reading Tesla surges 4% to record high amid approval from China to sell its Model Y SUV (TSLA)
Tesla to join S&P 500 in single tranche
By Reuters Staff 1 Min Read FILE PHOTO: The logo of Tesla is seen on a store in Paris, France, October 30, 2020. REUTERS/Charles Platiau/File Photo (Reuters) – Tesla Inc will join the S&P 500 index in a single part, S&P Dow Jones Indices announced on Monday following a consultation with investors about the best… Continue reading Tesla to join S&P 500 in single tranche