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Delaware court previously voided chief executive’s $56bn remuneration
...GM has delayed plans to build electric versions of its Chevrolet Silverado and GMC Sierra trucks....
...Werthein, Argentina’s ambassador to the US who attended the meeting with Musk, told Argentine media that the pair had also “discussed investment opportunities” for Tesla in lithium, the metal crucial to electric...
...“Demand for data centres has always been there, but it’s never been like this,” said Pankaj Sharma, executive vice-president at Schneider Electric’s data centre division....
...Dodds said North America was “critically important to all motorsports”, and that Formula E would be open to selling the team to a US manufacturer....
...The new paper, by Jeremiah Green of Texas A&M and John Hand of University of North Carolina, argues that at least on the ethnic diversity side, the studies just don’t hold up....
...This was the route Tesla took, followed by Ford in North America and, more modestly, Hyundai and Kia in the UK....
...But “the reality is that no full-size truck, electric or gas, transacts anywhere near the $40K mark on average.”...
Tesla wants to relocate its corporate domicile but institutional investors like Delaware’s sophistication and predictability
...In the X poll, 87.1 per cent of 1.1mn voters said the electric-car maker should change its state of incorporation....
...But that ballooned to $55.8bn after the electric-car maker hit financial performance and share price targets set out in the deal....
...It also meant wildfires in parts of North America, South America and Australia, Copernicus said. At the same time, parts of Australia and Bolivia are also experiencing destructive flooding....
...Shares of Lithium Americas leapt 12 per cent after the US government announced plans to loan $2.3bn to the company to develop its flagship lithium project in Nevada that will supply the electric car battery...
But the boost to liquidity can prove shortlived
...He had demanded a hefty financial incentive to grow the value of the electric-car maker, and it worked: Tesla became one of the world’s most valuable companies and his options ended up being worth $56bn....
...“There was a huge outflow from ESGU and into QUAL as a result of BlackRock changing their weighting,” said Bryan Armour, director of passive strategies research for North America at Morningstar....
...America....
...In November, the company bought the operator of the Crans-Montana resort in the Swiss Alps, following an acquisition of another Swiss resort in 2022....
...“Electric [driving] was something which we saw as a very solid, very clear trend, and we needed to take advantage,” said José Muñoz, Hyundai’s chief operating officer and head of the business in North America...
...It makes electric cars and faces increasing price competition from other makers, especially the Chinese. The Magnificent Seven’s share prices have already risen sharply, largely on hopes for AI....
...Commercial electric vehicles do not need to be assembled in North America or have a certain percentage of their parts from there to receive the full tax credit. The practice has critics....
...“Some models have been delayed, largely out of North America, which is pushing out the length of time of penetration [of EVs] in the US,” said Norris, adding that “potentially in parts of Europe” the shift...
...Audi is looking into manufacturing electric cars in the US, including using space in a $2bn plant being built by parent company Volkswagen in South Carolina....
...But that required models to be made in North America and source materials and components from countries with US free trade agreements....
...That includes setting up factories and research centres in Europe and North America, as well as forming joint ventures with European and US companies....
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