Communication of the Lead Independent Director and the Chair of the Appointment and Governance Committee

Philippe Lagayette, Lead Independent Director, and Patrick Thomas, Chair of the Appointment and Governance Committee confirm that the governing bodies of Renault are actively working to find the best solution for the future governance of the group, with a view to preserving the company’s interests and strengthening the Renault Nissan Alliance.   The Board of… Continue reading Communication of the Lead Independent Director and the Chair of the Appointment and Governance Committee

Press Releases – Truck CO2 targets: no public charging points for electric or hydrogen trucks available, data reveals

Brussels, 17 January 2019 – The European Automobile Manufacturers’ Association (ACEA) has published data on the severe lack of recharging and refuelling infrastructure suitable for electric and other alternatively-powered trucks across the EU. ACEA is issuing this new data ahead of a decisive meeting on Europe’s first-ever CO2 targets for trucks, taking place next week… Continue reading Press Releases – Truck CO2 targets: no public charging points for electric or hydrogen trucks available, data reveals

Musk tweets Tesla to end customer referral plan because of costs

Tesla and SpaceX CEO Elon Musk participates in a “fireside chat” at the National League of Cities (NLC) 2018 City Summit in Los Angeles, California, U.S. November 8, 2018. REUTERS/Kyle Grillot (Reuters) – Tesla Inc’s (TSLA.O) customer referral incentive plan will end on Feb. 1, the electric carmaker’s Chief Executive Officer Elon Musk tweeted on… Continue reading Musk tweets Tesla to end customer referral plan because of costs

They develop a technology that offers an electric car charge as fast as pouring gasoline

The main problem with the electric car is undoubtedly the duration of the battery recharging process and the limited autonomy that this offers to vehicles with these characteristics. Charging an electric car far exceeds the five minutes it takes to refuel with gasoline and this, as well as being a tedious task, is one of… Continue reading They develop a technology that offers an electric car charge as fast as pouring gasoline

Tesla’s referral perks are going away

Tesla Tesla is ending its customer referrals scheme that gives free electric charging to its EV buyers, among other perks. In a tweet, Elon Musk announced the program will end on February 1st, stating in a subsequent reply that it’s “adding too much cost to the cars, especially Model 3.” Asked if Tesla was replacing… Continue reading Tesla’s referral perks are going away

Elon Musk says Tesla is ending its customer referral program as it’s costing too much

Mack Hogan | CNBC
Juicing up the P100D on a trip to Detroit

Tesla's customer referral program will come to an end on Feb. 1, chief executive Elon Musk said in a tweet Thursday.

The initiative lets drivers give their friends a referral code to get six months of free charging via Tesla's Supercharger network.

Musk said the move was aimed at reducing costs incurred by the scheme. “It's adding too much cost to the cars, especially Model 3,” he said.

Tweet

The premium electric auto manufacturer has made a number of cost-cutting moves of late, as it looks to boost margins and expand profitability. Late last month, the firm cut prices on its Model 3 car in China, while this week it discontinued the lowest-priced versions of the Model S sedan and Model X SUV.

In its last quarterly report, the company scored its first profit in two years, posting net profit of $311.5 million and $881 million in free cash flow.

The firm managed to pump out 86,500 vehicles in the fourth quarter, up from 80,142 in the previous quarter, but disappointed investor expectations when it came to deliveries.

The company is also trying to up its presence in China, and Musk recently broke ground on a new Gigafactory — the name given to the facilities where lithium-ion batteries and Tesla vehicles are produced — which is being opened in Shanghai. The factory, dubbed the Gigafactory 3, is slated to begin partial production in the second half of this year.

That move comes not only as a spate of domestic rivals — including Nio and Xpeng — look to challenge Tesla's dominance in the electric vehicle space, but also as the U.S. and China try to resolve their differences over trade.

A trade battle between the two superpowers has seen billions of dollars' worth of each other's imported goods targeted with new tariffs, and both nations are trying to reach a trade agreement during a 90-day truce.

F Series: Ford builds electric pickup

ford has announced plans to electrify US-popular F-Series pickups. What the vehicle will cost, is not fixed yet. Actually planned Ford for the F-series only a hybrid drive. January 17, 2019, 7:36 am, Andreas Donath F150 (Image: Ford) Ford wants to bring a fully electric version of its most important vehicle series on the market:… Continue reading F Series: Ford builds electric pickup

M City: Concept for safety assessment

The University of Michigan test city, M City, has unveiled a concept for evaluating the safety of highly automated cars. The M City, a façade city that recently celebrated its fifth anniversary, has presented a new test concept. It’s about testing highly autonomous vehicles with respect to theirs vehicle safety, Ford in the M-City The… Continue reading M City: Concept for safety assessment

GM CEO Mary Barra Interview Talks Self-Driving Cars, Cadillac And More – GM Authority

Sponsored Links GM CEO Mary Barra spoke with CNBC ahead of the automaker’s investor day conference last Friday to dish out our opinion on a wide range of topics. For nearly 10 minutes, she answered questions about GM’s disappointing stock price, how the company plans to create shareholder value, the auto market at large, Cadillac,… Continue reading GM CEO Mary Barra Interview Talks Self-Driving Cars, Cadillac And More – GM Authority

Kanye West Jumps On Desk and Shouts At College Students To “Leave Elon Musk The F**K Alone”

Has the rapper found a kindred spirit in the Tesla billionaire?

Never one to shy away from a public outburst and dramatic meltdown, Kanye West has been at it again, but this time he is ranting in defense of fellow eccentric Elon Musk.

The Mirror reports that the Yeezy rapper was holding court and laying down the gospel according to Kanye at an art college in Detroit earlier this week.

The money moment came when the hyperactive hip-hopper left the assembled students gob-smacked by spontaneously leaping onto a nearby desk and giving an impassioned defense about billionaire Tesla founder Elon Musk.

Musk himself is no stranger to bizarre antics and controversial behavior. The quirky inventor has previously been ridiculed after stating that he thinks we’re all probably living in a Matrix-style simulation. He is also being currently sued for libel and slander by one of the Thailand cave rescue divers he has repeatedly called “pedo guy”.

Musk was also recently fined $20 million in a settlement relating to fraud charges and a series of “false and misleading” tweets in regard to the status of his electric car firm.

Perhaps West, who has had his own fair share of slightly “out-there” moments in the public eye views the Tesla founder as something of a kindred spirit.

Either way in a video filmed by one of the students simply known as Josh, an animated West can be seen jumping up and down on a table and hollering, “I don’t give a f**k who’s over at his house, leave that man the f**k alone. Leave that man the f**k alone…”

What this means no-one really knows. The video was captioned “Kanye really came to our little art school and told us to leave Elon Musk alone” has been viewed an impressive 500 000 times as Twitter as fans of the two geniuses try to decipher its meaning.

It’s the latest highlight in a difficult week for Kanye. The rapper landed himself in hot water on the weekend by tweeting he would like to see the anti-slavery 13th amendment abolished. He later changed this to “amended.”

West called the 13th amendment “slavery in disguise” and declared “it never ended.”

Actor Chris Evans branded West’s remarks as “retrogressive, unprecedented and absolutely terrifying.” He also accused West of framing his “myopia as virtue.”

This latest episode is really nothing new though. West has a proud history of spouting the nonsensical. Let’s end with some of his best from the past decade.

“You may be talented, but you’re not Kanye West.”

“I make awesome decision in bike stores!!!”

“Sometimes I get emotional over fonts.”

“I hate when I’m on a flight and I wake up with a water bottle next to me like oh great now I gotta be responsible for the water bottle.”

“Stevie Wonder never had to use the word bitch to get his point across.”

“Who’s seen the play Wicked? I’ve seen it 4 times! Other than loving the music, acting and costumes…it’s my story!!!”

“Sometimes I push the door close button on people running towards the elevator. I just need my elevator sometimes, my 7 floor sanctuary.”