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Tesla Inc
Tesla scouts sites for $3bn India car plant in boost for Modi
Proposed investment by Elon Musk’s company comes ahead of elections
April 3, 2024
Polestar
Hertz pauses plans to buy electric vehicles from Polestar this year
...The two companies agreed that Hertz “keep the cars longer than a year, we work with them, and we have the right to first refusal whenever they want to take them out of the fleet”, he said....
February 5, 2024
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
News in-depthChinese economy
China warns west of ‘survival of the fittest’ as manufacturing boosts economy
...China’s industrial utilisation ratio, a measure of actual production compared with potential output, dropped to about 74 per cent in the first quarter, the weakest since the third quarter of 2016 excluding...
April 17, 2024
Tesla Inc
Tesla’s Q1 is going to be a wreck. Will anyone care?
...Tesla started the year with about 100,000 unsold vehicles and added another 45,000 and 50,000 in the first quarter....
April 17, 2024
Tesla Inc
Tesla to cut 10% of global workforce
...Tesla’s share in China’s EV and hybrid market segment fell from 7.7 per cent to 6.6 per cent in the first two months of the year, according to the China Passenger Car Association....
April 15, 2024
LexTesla Inc
Elon Musk is still intrinsic to Tesla’s future Premium content
...Tesla on Tuesday announced vehicle deliveries in the first quarter had fallen 8.5 per cent on last year, the first year-on-year drop since early 2020. The shares dropped 5 per cent....
April 2, 2024
FT Live
US Decarbonization and Industrial Transition Summit
Securing the resources to build and finance America's clean energy future
Wednesday, 29 MayWashington, D.C., USA
Unhedged
Where Tesla departs from the Mag 7 Premium content
...First, they tried McKinsey’s statistical approach on S&P 500 companies, and found no significant relationship. Second, they fault McKinsey’s methodology....
April 3, 2024
Inchcape PLC
Inchcape to sell UK dealerships for £346mn
Deal with Group 1 Automotive is the latest in consolidation wave hitting car retail sector
April 15, 2024
LexElon Musk
Elon Musk says Texas forever. Shareholders shouldn’t Premium content
Tesla wants to relocate its corporate domicile but institutional investors like Delaware’s sophistication and predictability
April 17, 2024
Tesla Inc
Tesla asks shareholders to approve move to Texas and ratify Musk’s pay
...The company will report first-quarter earnings next week, with investors braced for a drop in profitability....
April 17, 2024
International Paper Co
International Paper agrees to buy rival DS Smith in £7.8bn deal
...In the industry’s first big consolidation, Irish group Smurfit Kappa last September agreed a $20bn tie-up with US rival WestRock....
April 16, 2024
Tesla Inc
Tesla evacuates German plant after suspected arson attack triggers power cuts
...It is not the first time Tesla has had to temporarily stop production in Europe....
March 5, 2024
Industrial metals
Industrial metal prices jump as investors bet on rising China demand
...Pictet preferred “direct exposure to commodities [over miners] as the first movers”, Ramjee said....
April 11, 2024
News updates from March 18: Biden warns Rafah invasion would be ‘a mistake’; Nvidia unveils ‘superchip’
Markets update: Chinese equities rise after data shows industrial production grew
...Mainland China’s benchmark index edged up on Monday, with technology names notching the largest gains, following the release of official data showing industrial production grew in the first two months of...
March 18, 2024
Palantir Technologies Inc
Wait . . . what did Palantir’s CEO just say about short sellers?
...First a whistleblower who had raised concerns about Boeing’s safety practices was found dead Saturday, according to multiple news outlets....
March 13, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Letter
Letter: How American industrial policy can avoid corporate capture
...First, industrial policy requires goals for outputs, not goals for mobilising investment....
March 20, 2024
News in-depthTesla Inc
Tesla’s ‘gravity-defying’ powers at risk as EV market slows
...The scale of Tesla’s challenge was laid bare this week when its first-quarter sales fell short of the gloomiest Wall Street forecast....
April 5, 2024
News in-depthApple Inc
China’s love affair with Apple and Tesla hits rocky patch
...Liu, who asked that his first name be withheld, swapped his iPhone for Huawei’s new Mate 60 in October....
March 10, 2024
LexApple Inc
Apple is not the only company backing away from driverless cars Premium content
Scrapping a project with high upfront costs makes sense
March 7, 2024
BYD Co Ltd
BYD loses EV throne to Tesla as sales slip
...On Tuesday, Tesla posted sales of 386,810 vehicles in the first three months of 2024, below an expected 450,000 but more than that of its Chinese rival....
April 2, 2024
BYD Co Ltd
BYD misses profit forecasts as Huawei challenge emerges
...Of 1.2mn new energy vehicles sold in China in the first two months of the year, 467,000 were PHEVs, marking a 73 per cent jump on the same period a year earlier....
March 26, 2024
Apple Inc
Apple cancels secretive electric car project in shift to focus on AI
...The news, which was announced to employees on Tuesday, was first reported by Bloomberg. The cancellation comes as the EV industry has slowed in recent months....
February 27, 2024
UK insurance industry
UK car insurance prices fall for first time in two years
...Drivers aged 17 were the only cohort to see the price of cover rise in the first quarter, with the average yearly premium quote up 1 per cent at £2,919....
April 18, 2024
Tesla Inc
Tesla forced back to drawing board over German expansion plans
...The vote is a setback for Elon Musk, five years after he stunned the German auto industry by announcing he would build his first gigafactory in Europe next to Berlin, throwing the gauntlet to an industry...
February 22, 2024
The FT ViewThe editorial board
The electric vehicle revolution is running out of steam
...Luca de Meo, Renault’s chief executive, has called for the EU to adopt an Airbus-like approach to EV production, with more industrial co-operation and public investment....
April 10, 2024

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