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...In the X poll, 87.1 per cent of 1.1mn voters said the electric-car maker should change its state of incorporation....
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...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....
...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....
...That includes setting up factories and research centres in Europe and North America, as well as forming joint ventures with European and US companies....
...Allan Swan, president of Panasonic Energy of North America, told Nikkei on the sidelines of CES that the Tesla supplier still needs “more plants” to reach its goal of increasing annual production capacity...
...Ultimately, the company is planning to quadruple its EV battery capacity annually by 2031, mainly in North America....
...“There is something different about this moment,” says Damon Hart, chief legal officer at Boston-based insurer Liberty Mutual, winner of the 2023 FT innovative in-house legal team award for North America...
...Chinese carmakers need to find a way into North America, the world’s second-largest car market, if they want to maintain growth and keep Chinese factories filled, Dunne said....
...Rivian said last month it would build trucks and vans that use Tesla’s North American Charging Standard for connectors starting in 2025....
...Earlier this month, REX Shares and Tuttle Capital Management launched four ETFs to allow wagers on the price of electric-car company Tesla or chipmaker Nvidia in the form of an ETF wrapper....
...The downgrade by Panasonic, which lowered its full-year operating profit forecast for its battery unit to ¥115bn ($771mn) from ¥135bn, was spurred by slowing demand in North America for Tesla EVs, which...
...But the list of vehicles that qualify for the full tax credit is abridged based on whether it is produced in North America and on the origin of the materials used in the battery....
...Nikola Tesla and Thomas Edison battled over America’s electricity standards more than a century ago. This year, US electric vehicle maker Tesla is again gaining ground in a formats tussle....
...Its PacifiCorp electric utility, which has operations in Oregon and California, paid $631mn in settlements over wildfires last year....
...Enbridge transports about 30 per cent of the oil produced in North America and 20 per cent of the gas consumed on the continent....
...And yet in 2021, the same McKinsey survey showed nearly 60 per cent of industry leaders expected North America to beat China in developing driverless car technology....
...Thompson, a university teacher from North Dakota, does it for the sense of togetherness....
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