Tag: Electric vehicles

Factbox-Tesla’s Musk sells shares worth more than $15 billion

By Hyunjoo Jin 2 Min Read (Reuters) – Tesla Inc Chief Executive Officer Elon Musk has sold $15.4 billion worth of shares since early November when the world’s richest person polled Twitter users about offloading 10% of his stake in the electric-car maker. FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk listens during a… Continue reading Factbox-Tesla’s Musk sells shares worth more than $15 billion

Lotus ends production of Elise, Exige and Evora

Lotus has ended production for all three of its stalwart models, with the final Elise, Exige and Evora models rolling off the production line ahead of the launch of the new Emira-led era.  Combined, Lotus has produced 51,738 units of the three models, which amounts to nearly half of the firm’s total production over its… Continue reading Lotus ends production of Elise, Exige and Evora

Australia’s Syrah Resources soars on graphite supply deal with Tesla

A logo of the electric-vehicle maker Tesla is seen near a shopping complex in Beijing, China January 5, 2021. REUTERS/Tingshu Wang Register now for FREE unlimited access to Reuters.com Register Dec 23 (Reuters) – Syrah Resources Ltd (SYR.AX) said on Thursday it had signed a four-year deal to supply graphite anode materials to electric carmaker… Continue reading Australia’s Syrah Resources soars on graphite supply deal with Tesla

@GM: GM Opens Broad Application of EV Component Sets, Advancing the ‘Everybody In’ Electrification Approach December 22, 2021

GM Opens Broad Application of EV Component Sets, Advancing the ‘Everybody In’ Electrification Approach Electrification components applied to EV conversion projects, commercial equipment, marine applications and more Expanding GM’s technology platforms beyond its core portfolio will drive growth beyond vehicle sales and enable new business models DETROIT – Guided by its vision of a world… Continue reading @GM: GM Opens Broad Application of EV Component Sets, Advancing the ‘Everybody In’ Electrification Approach December 22, 2021

Tesla CEO Musk says he is ‘almost done’ with stock sales; shares rally

Tesla CEO Elon Musk speaks at his company’s factory in Fremont, California, June 22, 2012, as the car company began delivering its Model S electric sedan. REUTERS/Noah Berger Register now for FREE unlimited access to Reuters.com Register SAN FRANCISCO, Dec 22 (Reuters) – Tesla Inc (TSLA.O)Chief Executive Elon Musk said on Wednesday he was “almost… Continue reading Tesla CEO Musk says he is ‘almost done’ with stock sales; shares rally

Supply Chain Problems Mean Buying a Car Sometimes Takes a Plane Ride

When Rachael Kasper started shopping for a new car in August, she had her heart set on a Ford Escape plug-in hybrid. The problem was that Ford hasn’t made many of them this year because of a computer chip shortage that has slowed auto production around the world. Ms. Kasper first came up empty in… Continue reading Supply Chain Problems Mean Buying a Car Sometimes Takes a Plane Ride

Tesla (TSLA) rises back to over $1 trillion valuation; Elon Musk says he’s still selling shares

Tesla’s stock (TSLA) has surged 7% today to rise back to over $1 trillion in market valuation. The reason behind the surge appeared to be Elon Musk saying that he is done selling the stock, but the CEO actually corrected his statement. Ever since Musk announced that he will sell 10% of his stake in… Continue reading Tesla (TSLA) rises back to over $1 trillion valuation; Elon Musk says he’s still selling shares

NHTSA launches official probe into Tesla drivers playing video games on onboard computer

The NHTSA confirmed that it has now launched an official probe into Tesla drivers playing video games on its vehicles’ onboard computers. Other than common sense and/or fear of getting caught, there’s nothing stopping anyone from using their phones, including playing video games on them, while driving. You can get hefty fines for getting caught… Continue reading NHTSA launches official probe into Tesla drivers playing video games on onboard computer

Tesla has submitted final documents for Gigafactory Berlin production approval

Tesla and others have now submitted all documents needed for the environmental approval that would allow Gigafactory Berlin to start production. Over the last year, Tesla has run into a lot of red tape while trying to get approval to start production at Gigafactory Berlin, a giant new factory located near Berlin in Brandenburg. Most recently,… Continue reading Tesla has submitted final documents for Gigafactory Berlin production approval