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Tag: Tesla


Industry Focus Areas, Motorized Vehicle

Exclusive: Tesla in talks to use CATL’s cobalt-free batteries in China-made cars – sources

February 18, 2020

Via: Reuters

Beijing (Reuters) – Tesla (TSLA.O) is in advanced stages of talks to use batteries from CATL (300750.SZ) that contain no cobalt – one of the most expensive metals in electric vehicle (EV) batteries – in cars made at its China […]


Industry Focus Areas, Motorized Vehicle

Tesla shares fall after company announces $2 billion common stock offering

February 13, 2020

Via: CNBC

Tesla shares slid after the electric automaker said it plans a $2 billion common stock offering, just two weeks after CEO Elon Musk said it would not take advantage of its surging stock by raising more capital. Musk himself will […]


Industry Focus Areas, Motorized Vehicle, Process, Production

Carmakers to resume China output after Coronavirus forced closures

February 10, 2020

Via: Manufacturing Global

Below are details on carmakers’ plans (in alphabetical order) as compiled by Reuters: BMW’s China venture with Brilliance said on February 5 the Chinese firm planned to restart production on February 17. Daimler said on February 3 it plans to […]


Industry Focus Areas, Motorized Vehicle

Another day, another record: Tesla shares hit $900

February 4, 2020

Via: Reuters

TOKYO/SEOUL (Reuters) – Shares of Tesla Inc surged 15% on Tuesday to hit the $900 mark, extending a stunning rally that has more than doubled the company’s market value since the start of the year as more investors bet on […]


Industry Focus Areas, Motorized Vehicle

Tesla’s massive stock rally faces a moment of truth as the company reports earnings

January 29, 2020

Via: CNBC

Tesla shares have skyrocketed by about 120% since the electric car maker last delivered an earnings report in October, and investors eagerly anticipate the company’s fourth quarter results, which it is scheduled to report on Wednesday. Wall street is expecting […]


Industry Focus Areas, Motorized Vehicle

Volkswagen CEO aims to catch Tesla in EV race

January 24, 2020

Via: Automotive News

FRANKFURT — Volkswagen Group CEO Herbert Diess is sending a message to Elon Musk: We are coming for Tesla. While Tesla is paving the way in electric cars, VW is buying software companies and ramping up investments in sustainable vehicles […]


Regulations

Michigan, Tesla settle suit over direct vehicle sales

January 22, 2020

Via: Reuters

WASHINGTON (Reuters) – Tesla Inc and the state of Michigan confirmed Wednesday they have resolved the company’s 2016 lawsuit challenging the state’s refusal to allow the company to sell vehicles directly to consumers. The Michigan Attorney General Dana Nessel’s office […]


Design & Planning, Process

Tesla says plans to open China design and research center

January 16, 2020

Via: Reuters

SHANGHAI (Reuters) – U.S. electric car maker Tesla plans to open a design and research center in China to make “Chinese-style” vehicles, the company said in a recruitment notice on its official WeChat account. Wednesday’s notice sought to recruit designers […]


Industry Focus Areas, Motorized Vehicle

Musk nears $346 million payday as Tesla market value soars

January 14, 2020

Via: Reuters

Shares of Tesla surged 9% to a record high on Monday. They need to rise another 6% to put Tesla’s stock market value at $100 billion and then be sustained at that level for both a one-month and six-month average […]


Regulations

U.S. safety agency opens probe into fatal Tesla crash in Indiana

January 9, 2020

Via: Reuters

(Reuters) – The U.S. National Highway Traffic Safety Administration (NHTSA) said on Wednesday it was launching an investigation into the Dec. 29 crash of a Tesla Model 3 that left a passenger dead after the vehicle collided with a parked […]