Tag: Electric vehicles

Elon Musk loses $27 billion as historic wealth gains unravel

By Devon PendletonElon Musk set records last year for one of the fastest streaks of wealth accumulation in history. The reversal is underway, and it’s steep. The Tesla Inc. chief executive officer lost $27 billion since Monday as shares of the automaker tumbled in the selloff of tech stocks. His $156.9 billion net worth still… Continue reading Elon Musk loses $27 billion as historic wealth gains unravel

Production incentive schemes to increase India’s manufacturing output by $520 billion: PM Modi

NEW DELHI: Prime Minister Narendra Modi said on Friday that production-linked incentive (PLI) schemes, aimed at boosting domestic manufacturing and exports under the ‘Make in India’ and Atmanirbhar Bharat programme, are expected to increase India’s manufacturing output by over half a trillion dollars over the next five years across sectors such as electronics, pharmaceuticals, automobiles… Continue reading Production incentive schemes to increase India’s manufacturing output by $520 billion: PM Modi

Industry, not policies, should decide the path of e-mobility: Dr Andy Palmer

Electrification is fast becoming the dominant force of change in the automotive industry the world over. And though the need for the shift towards electric mobility is undisputed, the ‘how’ and ‘when’ do throw up plenty of debate. At Autocar Professonal’s EV Forum, held on February 22-23, Dr Andy Palmer, Chairman, Switch Mobility and former… Continue reading Industry, not policies, should decide the path of e-mobility: Dr Andy Palmer

Elon Musk: Tesla is doubling the size of its Full Self-Driving beta program

Elon Musk says that Tesla is doubling the size of its Full Self-Driving Beta program with an upcoming new update. Another one following it could see the size of the test fleet increase by a factor of 10. Back in October 2020, Tesla started to push a Full Self-Driving Beta release to owners in the “Early… Continue reading Elon Musk: Tesla is doubling the size of its Full Self-Driving beta program

Clean Technica: Some Thoughts On Why Tesla Is The World’s Most Shorted Stock000649

Quartz published an article recently with a headline stating that Tesla is the world’s most shorted stock — even more than GameStop, which got that well-talked-about boost from the Reddit forum Wall Street Bets in the face of bets against the video game store. The article highlighted how the Reddit group wanted to combat the… Continue reading Clean Technica: Some Thoughts On Why Tesla Is The World’s Most Shorted Stock000649

Clean Technica: UK Plugin Vehicle Share Hits 13% In February, Up 2.3× Year-On-Year — Diesels Down 61%000648

Europe’s third largest auto market, the UK, saw 13% plugin electric vehicle market share in February, up 2.3× from 5.7% a year ago. The overall auto market was down 35.5% year-on-year due to continuing lockdowns, which are currently planned to lift in mid April. Diesel powertrain sales volume fell by over 61% year-on-year and are… Continue reading Clean Technica: UK Plugin Vehicle Share Hits 13% In February, Up 2.3× Year-On-Year — Diesels Down 61%000648

Clean Technica: Tesla Building Super Supercharger in Santa Monica (Solar, Lounge, 62 Stalls) — Let’s See More!000647

A few years ago, Tesla announced a plan to start building next-level Superchargers. These Superchargers would be huge (a lot of stalls), include lounges with snacks and restrooms, sometimes also feature special family & pet facilities, and maybe even sell merch. I was thrilled! This was really where Tesla Superchargers needed to go, in my… Continue reading Clean Technica: Tesla Building Super Supercharger in Santa Monica (Solar, Lounge, 62 Stalls) — Let’s See More!000647

Electrified, hybrid and gas vehicle registrations increase 10.6% in February

In February, 18,062 vehicles of these types were delivered in Spain, with a growth in passenger car deliveries of 8.5% and 16,922 units Sales of electrified, hybrid and gas passenger cars double their market share and surpass diesel passenger cars Madrid, March 1, 2021.- The registrations of electrified, hybrid and gas vehicles (cars, quadricycles, commercial… Continue reading Electrified, hybrid and gas vehicle registrations increase 10.6% in February

Tesla is slowly losing its electric-vehicle crown as Ford’s Mustang Mach-E cuts into sales (TSLA, F)

Tesla’s share of the US electric-car market fell from 81% to 69% in February. The Mustang Mach-E was nearly the sole reason for Tesla’s market-share losses. Ford’s new electric car has been widely successful, winning awards and Wall Street’s approval. Visit the Business section of Insider for more stories. Ford’s electric Mustang Mach-E appears to… Continue reading Tesla is slowly losing its electric-vehicle crown as Ford’s Mustang Mach-E cuts into sales (TSLA, F)