Elon Musk’s claims of ‘broken promises’ denied by the SEC

The Security and Exchange Commission (SEC) has responded to Tesla CEO Elon Musk’s claims that the agency has subjected him and his electric car company to “endless, unfounded investigations,” first reported by the Wall Street Journal. In a letter to Judge Alison Nathan, the SEC refutes Musk’s allegations that it’s ignoring its commitment to distribute… Continue reading Elon Musk’s claims of ‘broken promises’ denied by the SEC

SEC responds to Elon Musk harassment allegations

The US Securities and Exchange Commission has responded to Elon Musk’s harassment allegations. In a letter it filed on Friday with a New York federal judge, the SEC said its frequent check-ins with Tesla were consistent with expectations from the court overseeing the company’s 2018 settlement. At the time, Tesla had agreed its lawyers would… Continue reading SEC responds to Elon Musk harassment allegations

Andy Palmer’s bumpy ride: from supercars to battery buses

Interview Andy Palmer’s bumpy ride: from supercars to battery buses Jasper Jolly Palmer admits to thinking about the chance that Switch Mobility could overtake Aston Martin in market valuation. Photograph: Sophia Evans/The Observer Palmer admits to thinking about the chance that Switch Mobility could overtake Aston Martin in market valuation. Photograph: Sophia Evans/The Observer The… Continue reading Andy Palmer’s bumpy ride: from supercars to battery buses

Thierry Piéton appointed Chief Financial Officer of Renault Group – automobilsport.com – automobilsport.com

19.02.2022: As of March 1st, 2022, Thierry Pi�ton, currently Deputy Chief Financial Officer and Controller, is appointed Chief Financial Officer of Renault Group. He becomes a member of the Board of Management (BOM) of Renault Group and will report to Luca de Meo, CE As of March 1st, 2022, Thierry Piéton, currently Deputy Chief Financial… Continue reading Thierry Piéton appointed Chief Financial Officer of Renault Group – automobilsport.com – automobilsport.com

Renault-Nissan “Small And Fragile,” Ex-CEO Carlos Ghosn Says – Motor1

In an official press conference held this morning, Renault announced its financial results for 2021. The French company returned to profitability last year and also announced several new all-electric vehicles for the next three years. It seems that the automaker is running like a well-oiled machine, but its former CEO Carlos Ghosn sees things very… Continue reading Renault-Nissan “Small And Fragile,” Ex-CEO Carlos Ghosn Says – Motor1

Mercedes-Benz CEO says raw material scarcity could delay e-mobility – MINING.COM – MINING.com

Carmakers are working to secure supplies of materials from lithium, nickel and manganese for batteries to magnesium for car components as they race to ramp up electric vehicle production, but rising raw material costs have dug into their margins. Some, including Mercedes-Benz – which changed its name from Daimler on Tuesday after splitting from Daimler Truck –… Continue reading Mercedes-Benz CEO says raw material scarcity could delay e-mobility – MINING.COM – MINING.com

Tesla Reports Record Profit but Warns of Supply Problems

Tesla said Wednesday that its profit leapt more than sixfold last year to $5.5 billion, the highest total in its 19-year history, as sales soared further, especially in Europe and China. But the automaker warned that supply chain troubles stemming from the pandemic would again constrain production through this year. “Our own factories have been… Continue reading Tesla Reports Record Profit but Warns of Supply Problems

Tesla announces it has produced 1 million next-gen 4680 battery cells

Tesla has announced that it has produced one million of its next-generation 4680 battery cell at its pilot factory in California. The announcement comes as Tesla is expected to start deliveries of its new Model Y equipped with its 4680 cell and structural battery pack. In 2020, Tesla unveiled its new 4680 battery cell, a new… Continue reading Tesla announces it has produced 1 million next-gen 4680 battery cells

Ford: ‘We have no plans’ for EV or ICE spinoff, but other options exist

Ford Motor Co. on Friday denied the possibility that it would spin off its electric-vehicle or traditional engine-based business in an effort to earn the investor enthusiasm that pure-play competitors have received. “We are focused on our Ford+ plan to transform the company and thrive in this new era of electric and connected vehicles,” spokesman Mark Truby said… Continue reading Ford: ‘We have no plans’ for EV or ICE spinoff, but other options exist

@VW Group: Welcome back: Volkswagen e-up!(((e-up! Style Plus – power consumption in kWh/100 km: 12.7 (combined); CO2 emissions in g/km: 0; efficiency class: A+++.))) || available for order again004656

The success story of the e-up! can resume. The all-electric small car can now be ordered once again. For many customers, Volkswagen’s successful model served as their entry into e-mobility – not least of all because the city specialist offers extensive standard equipment, space for four people and an impressive range. To date, over 80,000… Continue reading @VW Group: Welcome back: Volkswagen e-up!(((e-up! Style Plus – power consumption in kWh/100 km: 12.7 (combined); CO2 emissions in g/km: 0; efficiency class: A+++.))) || available for order again004656