Elon Musk appeared in court Monday to defend Tesla’s 2016 acquisition of SolarCity. Musk said Tesla’s solar energy division underperformed because it had focused on Model 3 production. After the Model 3 went to market, Musk said the solar division ran up against the pandemic. See more stories on Insider’s business page. Elon Musk has… Continue reading Elon Musk blames Tesla Energy’s troubles on the Model 3 and the pandemic
Tag: Financial Results
Hyzon Motors delivers first hydrogen-powered vehicle to support multinational dairy company’s operations, transition fleet to zero-emissions
The 55-ton vehicle supplied by Hyzon, a HyMax 450 Puller built on a Class-8 DAF truck chassis, is expected to have up to 520 kilometer range with motor power up to 550 kilowatt capacity. Transport Groep Noord plans to operate the truck on specific routes in the North of the Netherlands, where the first hydrogen-powered milk… Continue reading Hyzon Motors delivers first hydrogen-powered vehicle to support multinational dairy company’s operations, transition fleet to zero-emissions
Elon Musk is stuck in an alternate past
Tesla CEO Elon Musk departs after taking the stand to defend Tesla Inc’s 2016 deal for SolarCity in a case before the Delaware Court of Chancery in Wilmington, Delaware, U.S. July 12, 2021. REUTERS/Jonathan Ernst MELBOURNE, July 13 (Reuters Breakingviews) – For a man who wants to create a better future, Elon Musk seems stuck… Continue reading Elon Musk is stuck in an alternate past
Carsome, Catcha Group partner to acquire iCar Asia in $200m deal
Southeast Asian used car trading platform Carsome announced that it will be acquiring a 19.9% stake in ASX-listed iCar Asia Ltd from Catcha Group, according to a company statement. Carsome and Catcha group have also made a joint proposal to acquire the rest of the 80.1% of iCar from its shareholders in a total transaction… Continue reading Carsome, Catcha Group partner to acquire iCar Asia in $200m deal
AEye Establishes New Benchmark for LiDAR Performance with 1000 Meter Range in Rain, Behind Windshield Glass
“I’ve never seen a demo like that one before – in a real-world scenario under poor weather, behind the windshield, while still being able to achieve the distance and detection. What we saw was really impressive.” Sam Abuelsamid, principal research analyst, Guidehouse Insights Breakthrough Adaptive LiDAR Performance Independently Validated by VSI Labs at American Center… Continue reading AEye Establishes New Benchmark for LiDAR Performance with 1000 Meter Range in Rain, Behind Windshield Glass
@Tata: Tata Motors Group global wholesales at 2,14,250 in Q1 FY22000261
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Aptiv to Release Second Quarter 2021 Financial Results
DUBLIN, July 9, 2021 /PRNewswire/ — Aptiv PLC (NYSE: APTV) will release its second quarter 2021 financial results on August 5. A call with investors will be held the same day at 8:00 a.m. EDT with Aptiv’s President and Chief Executive Officer, Kevin Clark, and Chief Financial Officer and Senior Vice President, Business Operations, Joseph Massaro.… Continue reading Aptiv to Release Second Quarter 2021 Financial Results
Tesla and real-estate giant Brookfield are building a neighborhood in Austin full of renewable-energy tech
Tesla is teaming up with real-estate developers Brookfield and Dacra to build houses in Austin. Homes in the sustainable neighborhood will be equipped with Tesla solar roofs and battery storage. The houses, which are already under construction, will be for sale. See more stories on Insider’s business page. Elon Musk wants in on Texas’ red-hot… Continue reading Tesla and real-estate giant Brookfield are building a neighborhood in Austin full of renewable-energy tech
@VW Group: Group result after tax 2021003420
Stuttgart, 9 July 2021. Volkswagen AG, Wolfsburg, has announced today, that the operating profit for the first half of 2021 is expected to be around 11 billion euros. Volkswagen now expects an impact from the bottleneck in semiconductors rather in the second half of the year. No statements have been made concerning the estimated result… Continue reading @VW Group: Group result after tax 2021003420
@VW Group: Volkswagen AG announces preliminary figures for the first half 2021003420
The deliveries to customers of the Volkswagen Group continued to recover strongly in the first half of the current year, leading to a very strong Group turnover as well as a very high operating profit. Also the reported Automotive net cash position showed a very positive development. The bottleneck in semiconductors has shifted and will… Continue reading @VW Group: Volkswagen AG announces preliminary figures for the first half 2021003420