Increasing volumes in Germany led to expanded premises

Fri, Jun 04, 2021 08:30 CET The German Lesjöfors company Velleuer has after years of increasing business volumes decided to expand their facilities with a new building. Thanks to the larger space there will be more room for automated processes and logistics. In 2018, Velleuer bought an adjacent property to its existing factory in Velbert… Continue reading Increasing volumes in Germany led to expanded premises

Why Tesla has plummeted since the start of the year

Trees don’t rise to the sky, investors who bet on Tesla earlier this year have realized the hard way. The stock market price of the darling of Wall Street in 2020 , which had been multiplied by 8 between March and December, has continued to decline since early 2021. It fell from $ 880 in… Continue reading Why Tesla has plummeted since the start of the year

Apple is reportedly developing an iPad Pro with wireless charging

Apple may release an iPad Pro with wireless charging capabilities sometime next year. According to Bloomberg’s Mark Gurman, the tech giant is currently working on a new iPad Pro and a new iPad mini. Apple will reportedly replace the Pro tablet’s aluminum casing with a glass back similar to the latest iPhones’, partly to enable… Continue reading Apple is reportedly developing an iPad Pro with wireless charging

Tesla disrupted by traditional mechanics

A Tesla electric vehicle (EV) drives past a crossing in Shanghai, China March 9, 2021. REUTERS/Aly Song/File Photo – RC2WIN94V64E Tesla (TSLA.O) is discovering that even new carmakers can suffer old problems. The electric-car maker’s China orders nearly halved in May from a month earlier, The Information reported on Thursday, after jitters over its quality… Continue reading Tesla disrupted by traditional mechanics

Tesla’s global market share fell to its lowest level in over 2 years as electric car competition heats up

Tesla’s market share of the global electric-car market fell to 11% in April. The electric-car company’s lead in the US is also narrowing, as Ford and GM build their own EVs. Tesla’s stock fell to its lowest level in three weeks following the news. See more stories on Insider’s business page. Tesla’s grip on the… Continue reading Tesla’s global market share fell to its lowest level in over 2 years as electric car competition heats up

Tesla recalls nearly 8,000 Model 3 and Model Y vehicles over faulty seat belts (TSLA)

Tesla is issuing two recalls that cover nearly 8,000 vehicles with potentially faulty seat belts.  One recall covers vehicles with front seat belts that may be improperly secured to the body.  This week, Tesla said it’s recalling nearly 6,000 cars with potentially loose brake caliper bolts.  See more stories on Insider’s business page. Tesla is… Continue reading Tesla recalls nearly 8,000 Model 3 and Model Y vehicles over faulty seat belts (TSLA)

Tesla recalls over 5,000 Model 3 and Model Y vehicles over seat belt issues

Tesla has to issue two separate recalls on over 5,000 Model 3 (2018-2020) and Model Y (2019-2021) vehicles due to two separate seat belt problems. In the first recall notice posted to NHTSA’s website this week, Tesla disclosed a potential problem with 5,530 Model 3 and Model Y vehicles that could have improperly attached seat… Continue reading Tesla recalls over 5,000 Model 3 and Model Y vehicles over seat belt issues