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...This may be connected to rising competition and the reduction of US government subsidies, two factors over which Tesla has no control....
...Elon Musk’s Tesla and Chinese rival BYD both reported sharp falls in electric car sales, adding to concerns of the slowing shift towards electric vehicles....
...Facing one of the worst stock slumps in Tesla’s 14-year history, Elon Musk was under pressure this week to deliver a reassuring message to investors about its next generation of electric vehicles and a persuasive...
...A version of this article was first published by Nikkei Asia on April 19 2024. ©2024 Nikkei Inc. All rights reserved....
...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....
...Look at the relative performance of a company, control for everything you can think of and measure — company size, industry, market shifts, geography and so on....
...“Twenty-five per cent is not so much I could control the company even if I went bonkers, but it’s enough that I have a strong influence.”...
...seller of battery electric vehicles....
...It is one of the reasons Berkshire has survived: the company’s name comes from the struggling textile mill Buffett took control of in 1965 that he ultimately shut down....
...However, they noted the implied percentage of value won for shareholders remained “conservative” and in line with previous Delaware awards....
...Production-line workers, quality-control assessors and machine operators seem most at risk of being replaced by AI....
...Its bottom line in China is also set to take a hit this year as it loses a 15 per cent preferential tax rate, which remains available to many of its local competitors....
...Five years after listing on New York’s Nasdaq stock exchange, Nio still loses $12,000 for every car that rolls off its production lines, president and co-founder Lihong Qin told the Financial Times recently...
...If successful, Moderna would be in line for a share of the profits Pfizer and BioNTech generated from their joint vaccine, Comirnaty....
...Eventually, that could extend to autonomous driving controls too. elaine.moore@ft.com...
...The future appeared bright for Shanghai electric vehicle start-up Aiways when it was founded in 2017....
...His fluent lines and emotional grasp complimented Rawicz’s aesthetic to a tee....
...Cook spent Wednesday meeting Apple’s Chinese suppliers, including the head of electric-car maker BYD and executives from Lens Technology and Changying Precision Technology....
...to make electric vehicles....
...The regulator has been investigating Elon Musk’s electric car group for more than two years to assess whether the system ensures drivers pay attention to the road when the vehicle is steering itself....
...Xiaomi, founded in 2010, has built a reputation as a value-for-money smartphone brand, still able to offer top-of-the-line specifications at an affordable price....
...The Big Read China’s BYD rivals Elon Musk’s Tesla for the world’s most dominant electric vehicle company, but its ambitions go far beyond cars....
...He said his company delayed plans to add a 500-megawatt assembly line to its solar panel factory in Minnesota. “We don’t want to bite something we cannot chew.”...
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