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Related Special Reports
...giant to taper its electric ambitions....
...Tesla will this month send a team to scout locations in India for a proposed $2bn-$3bn electric car plant, according to two people with direct knowledge of the electric vehicle company’s plans....
...It already serves companies such as electric-vehicle makers BYD and Geely, and CICC wants to be the “bridge” that connects them to south-east Asia....
...the company collapsed last year....
...Thousands of imported vehicles, many of them electric cars made in China, are clogging up European ports....
...Sales growth of electric cars has slowed in the past year, with carmakers increasingly forced to discount models in order to generate sufficient consumer demand, while companies from General Motors and Ford...
...The electric-vehicle manufacturer said the change would reduce the capital outlay needed to launch the new R2 midsize SUV, according to a filing with the Securities and Exchange Commission....
...Barclays forecasts that Tesla will print its first negative free-cashflow quarter since Q1, 2020, as bloated inventories eat into working capital....
...The decade-long effort to build a product that competes with the likes of Tesla and Rivian has never been officially confirmed by Apple, and a spokesman for the company declined to comment....
...The company has, so far, drawn $35mn in investment from the likes of Goodyear Ventures and Gogoro, the Taiwanese electric scooter and battery-swapping provider....
...What I need to know about a company to assess its profitability is how much money it can make from the capital invested in it, and how effectively the money produced can be reinvested in the future growth...
...The company has been through previous rounds of job cuts....
...“I still love the company....
...BT is not the only company with ambitions in this area: the oil majors are also rolling out chargers, particularly at forecourts....
...into entering Thailand, the region’s second-biggest auto market, BYD holds the position as the biggest EV maker and the third-largest automaker for the overall passenger car market, according to research company...
...First, they decided that the century-old company would reposition itself as a forward-looking “mobility” group that would stand out in a crowded field with a fleet heavy on Tesla’s electric vehicles....
...The Technoking is the reason Tesla remains the most distinctive car company in the world....
...The factory, which opened in March 2022, employs 12,500 people and produces 6,000 electric vehicles a week. But Tesla has ambitious plans to expand capacity from 500,000 cars a year to 1mn....
...Scaringe told investors on an earnings call that the company’s bank of orders had declined....
...at the research company Capital Economics....
...There are “over 200 companies globally working on [electric and self-driving] technology, and over 20 carmakers already selling more than 10,000 EVs per year, while Apple was still in the testing phase”,...
...Tesla said capital expenditure, including on future projects, was at record levels and would exceed $10bn in 2024....
...The votes will take place at the company’s annual meeting on June 13....
...Ford will cut output of the electric version of its popular F-150 pick-up....
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