A new book details numerous instances where Elon Musk appears to “rage-fire” employees. The CEO created an environment where workers who disagreed with him were swiftly ousted, the book says. In the past, Musk has denied allegations that he goes on such firing sprees. Loading Something is loading. Tesla CEO Elon Musk has denied allegations… Continue reading Elon Musk ruthlessly cleaned house of any Tesla workers who disagreed or got in his way, a new book says (TSLA)
Tag: Morgan
@Ford: Hau Thai-Tang to Discuss Ford+, Winning in Electrification At J.P. Morgan Virtual Automotive Conference Next Week
DEARBORN, Mich.–(BUSINESS WIRE)–Hau Thai-Tang, Ford’s chief product platform and operations officer, will discuss key elements of the Ford+ plan for growth and value creation in a fireside chat with autos analyst Ryan Brinkman at the J.P. Morgan Virtual Automotive Conference at 8:00 a.m. ET on Wednesday, Aug. 11. Thai-Tang will describe how Ford+ is centered… Continue reading @Ford: Hau Thai-Tang to Discuss Ford+, Winning in Electrification At J.P. Morgan Virtual Automotive Conference Next Week
Volta Industries to Participate at Upcoming Investor Conferences
SAN FRANCISCO, July 30, 2021 /PRNewswire/ — Volta Industries, Inc. (“Volta Charging”) today announced that its management team will virtually attend the following investor conferences and events: Jefferies Virtual Industrial Conference August 3, 2021 Needham 10th Annual Robotics and Clean Tech August 6, 2021 Canaccord 41st Annual Growth Conference August 10, 2021 Raymond James Aspen… Continue reading Volta Industries to Participate at Upcoming Investor Conferences
Analysis-Tesla hikes electric car prices in U.S.; holds line in China
(Reuters) – Tesla Inc showed signs this week of divergent strategies in the world’s two biggest automotive markets, raising prices to boost profit margins in the United States while keeping prices steady in China and hoping to grow sales there. FILE PHOTO: A Tesla sales and service center is shown in Costa Mesa, California, U.S.… Continue reading Analysis-Tesla hikes electric car prices in U.S.; holds line in China
Magna Buys Driver-Assist Supplier Veoneer for $3.8 Billion
(Bloomberg) — Magna International Inc. will acquire Veoneer Inc. for $3.8 billion in cash, bolstering its business supplying advanced driver-assistance systems to automakers. The $31.25-a-share offer represents a 57% premium to Veoneer’s closing price on Thursday. The transaction is expected to close toward the end of this year, according to a statement. Veoneer shares traded… Continue reading Magna Buys Driver-Assist Supplier Veoneer for $3.8 Billion
Magna to Acquire Veoneer, Positioning Magna’s ADAS Business as a Global Leader in a Fast-Growing Industry
Veoneer’s complementary products and capabilities strengthen and broaden Magna’s ADAS portfolio and industry position Transaction adds significant engineering and software expertise, including in sensor perception and drive policy software Enhances Magna’s ADAS systems capabilities and feature functionality AURORA, Ontario and STOCKHOLM, Sweden, July 22, 2021 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA)… Continue reading Magna to Acquire Veoneer, Positioning Magna’s ADAS Business as a Global Leader in a Fast-Growing Industry
Magna to acquire Veoneer, positioning Magna’s ADAS business as a global leader in a fast-growing industry
– Veoneer’s complementary products and capabilities strengthen and broaden Magna’s ADAS portfolio and industry position – Transaction adds significant engineering and software expertise, including in sensor perception and drive policy software – Enhances Magna’s ADAS systems capabilities and feature functionality AURORA, Ontario and STOCKHOLM, July 23, 2021 /PRNewswire/ — Magna International Inc. (TSX: MG;NYSE: MGA) and Veoneer,… Continue reading Magna to acquire Veoneer, positioning Magna’s ADAS business as a global leader in a fast-growing industry
Churchill Capital Corp IV Chairman and CEO Michael Klein and Lucid Motors CEO and CTO Peter Rawlinson to Host Investor Call Today at 11:30 AM to Discuss Lucid Business Combination and Importance of Voting as Soon as Possible
NEW YORK, July 22, 2021 /PRNewswire/ — Churchill Capital Corp IV (“Churchill IV” or “CCIV”) (NYSE: CCIV), a special purpose acquisition company, and Lucid Motors (“Lucid”), which is setting new standards for sustainable mobility with its advanced luxury EVs, announced today that they will host a live investor call on Thursday, July 22 at 11:30 a.m. ET… Continue reading Churchill Capital Corp IV Chairman and CEO Michael Klein and Lucid Motors CEO and CTO Peter Rawlinson to Host Investor Call Today at 11:30 AM to Discuss Lucid Business Combination and Importance of Voting as Soon as Possible
EV growth propels Denso to close value gap with Honda and Ford
NAGOYA — Is a car worth more than the sum of its parts? This is a question posed by Japanese automotive supplier Denso’s near dead heat in market capitalization with Honda Motor and Ford Motor. Denso’s market cap stood at 5.78 trillion yen ($52.59 billion) as of Thursday, roughly 70% higher than a year earlier. Honda’s… Continue reading EV growth propels Denso to close value gap with Honda and Ford
Uber CEO says ride prices will be close to normal by September
Uber CEO Dara Khosrowshahi said that ride prices will return “to nearly the good old days” by September, The New York Times reported on Thursday. During the pandemic, the popular ride-sharing app lost billions as people isolated at home. Now, users are opening the black-and-white app again — only to be shocked by high prices… Continue reading Uber CEO says ride prices will be close to normal by September