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...Tesla might later also look at setting up its own battery plant, following the “gigafactory” model it has followed at its plants in California, Texas, Berlin, and Shanghai, where suppliers have set up shop...
...When the probe was opened, the EU’s top competition enforcer Margrethe Vestager said “chocolates, biscuits and coffee are products consumed by European citizens daily”, and that the commission would look...
...Look at the company’s spending decisions and it seems as if everything is targeted towards addressing the 13 per cent drop in automotive revenues....
...It’s about how do we look at this together and not duplicate building skills where we don’t have to.”...
...Sales of electric vehicles will “grow strongly” this year and could see battery and hybrid models account for one in five cars sold worldwide, according to a bullish forecast from the International Energy...
...His quant trading firm Susquehanna International Group owns roughly 15 per cent of the company, and the stake represents a significant chunk of his net worth....
...“If you look at all the reviews of the latest version of their full self-driving software, it’s a massive leap forward,” he said during a recent presentation....
...The thing with Model 2, says Levy, was that it could realistically be delivered as early as next year. It was something tenable on the horizon, so was a reason to look past the current EV sales slump....
...Investors should take a hard look at the core retail business and reset their expectations accordingly....
...And maybe neural networks, synthetic biology and large language models. WhatsApp to Susan: I’m asking for your help here, don’t send me a “Let me Google that” link....
...Sparta, which also wants a review to look at a sale, might fare better with bidders. But there is little reason to think a deal will be struck now, after last year’s interest faltered....
...More than 90 per cent of Tesla’s sales are the Model 3 and Model Y, vehicles with prices starting above $35,000....
...Today’s newsletter looks at the ripple effects of the move to electrify transport....
...Somebody’s model may turn out to be almost right....
...Investors will look for signs that multibillion-dollar investments made by big tech companies into developing artificial intelligence are translating into financial gains, as the “Magnificent Seven” report...
...Recommended reading My column this week looks at the under-appreciated thaw in US-China relations — Joe Biden’s polite version of Trumpism on China....
...Daniel Friedlaender, senior vice-president and head of CCIA Europe, a tech industry lobbying group, said: “The timing of these announcements, while the DMA compliance workshops are still ongoing, makes it look...
...CPI: stuck If three data points make a trend, then US inflation looks stuck at 3 per cent....
...There are many measures they can look at to see how the transmission mechanism is working. What they should not do is pluck some R-star number from a model and give it a credence it does not deserve....
...Some companies are limbering up and are worth a look. But don’t expect many personal bests in the near term....
...In another Bank of England speech this week, Rebecca Jackson — the Bank’s executive director for Authorisations, Regulatory Technology & International Supervision — outlined how banks aren’t really set up...
...Auction house business models are nowhere near as plush as their carpets. But that is unlikely to put buyers off....
...When Oprah Winfrey announced in February that she would step down from the WW International board, shares in the company behind WeightWatchers dropped nearly 20 per cent, to their lowest point since it returned...
...Cash machine OpenAI is one of the fastest-growing companies in history, but it faces questions about the long-term viability of its business model, the FT details in this Big Read....
...The BBC is under pressure to show it provides value for money ahead of a government review of its licence fee model, which could fundamentally change how the broadcaster is funded....
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