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Masayoshi Son
SoftBank’s Masayoshi Son piles debt on to Silicon Valley mansion
...Meanwhile, the founder of robot pizza maker Zume piloted one of its trucks up the hill to serve Son freshly heated pizzas, according to Bloomberg. SoftBank invested $375mn....
January 14, 2024
News in-depthTesla Inc
Tesla’s ‘gravity-defying’ powers at risk as EV market slows
...Two years ago, car leasing group Octopus EV could barely keep up with the red-hot demand for Teslas that accounted for half its sales....
April 5, 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
Rivian Automotive, Inc.
Electric-truck maker Rivian projects no production growth in 2024
...Sales grew by 55 per cent between January 2022 and January 2023....
February 21, 2024
Electric vehicles
Americans opt to lease electric cars to tap Biden tax credits
...trucks....
December 16, 2023
Berkshire Hathaway Inc
Berkshire Hathaway settles dispute over value of Pilot Travel Centers
...The surging valuation coincided with a boom in sales at Pilot’s truck stops, as companies raced to overcome supply chain disruptions they faced in the midst of the pandemic....
January 8, 2024
Tesla Inc
Tesla’s article-to-Cybertruck delivery ratio currently stands at 219 to 1
...Collectors can find bottles of Teslaquila or the Boring Company ‘Not a Flamethrower’ for sale on eBay for thousands of dollars. ... though they can also find plenty of Tesla merch on sale for dozens of...
December 1, 2023
FT Live
Global Insurance Summit
Strengthening resilience, capital and innovation as systemic risks evolve
Thursday, 13 JuneLondon, UK
Electric vehicles
‘The early adopters have adopted’: US carmakers slow their EV growth plans
...Only one-third of US consumers say the next car or truck they buy is likely to be electric, according to a survey from Yahoo Finance/Ipsos....
October 28, 2023
Automobiles
Interest rate surge drives US car loan payments to record high
...“The pent-up demand will carry the sales rate, but it’s just going to be people replacing their vehicles or people who are more affluent . . ....
October 6, 2023
Tesla Inc
Tesla’s Cybertruck: hotly anticipated, long delayed, a ‘nightmare’ to make
...At Stellantis, which owns the Ram and Jeep brands, European van and US truck sales account for just under half of the company’s profits, with per-vehicle margins dwarfing those of its passenger cars....
October 21, 2023
LexBlue Apron Holdings Inc
Blue Apron: meal kit maker is chopped up, sold and reheated Premium content
...Sales peaked in 2017 — the year Blue Apron went public. Last November, it withdrew its annual revenue target....
November 13, 2023
Unhedged
Everyone calm down about CPI Premium content
...What will make the unit cost of incremental sales fall from here? Where is Uber’s exclusive intellectual property? Is urban transport really winner-take-most?...
February 14, 2024
FT Asset Management
Asset Management: Berkshire’s days of ‘eye-popping’ gains are over
...Meanwhile, the UK’s £1.4tn DB pensions industry has been switching to corporate debt for its higher yields and to prepare the schemes for potential sales to insurers....
February 26, 2024
Electric vehicles
Sales of electric vehicles in the US are accelerating
...cars and trucks....
July 8, 2023
Rivian Automotive, Inc.
Rivian boosts EV production target as supply problems ease
...While EV sales continue to accelerate, they still represent less than 9 per cent of US new vehicle sales....
August 8, 2023
Electric vehicles
Shares in EV makers Rivian and Tesla surge after strong volume data
...Sales increased after Tesla cut prices in January and March....
July 3, 2023
FT Live
Financial Times @COP
FT Live events coinciding with COP
Monday, 11 NovemberBaku, Azerbaijan
News in-depthElectric vehicles
Will a price war accelerate the switch to electric cars?
...Will it drive faster EV sales? Battery car sales are moving faster than most in the industry expected....
May 7, 2023
Due Diligence
How a music mogul’s royalties bet got funked up
...After a brief frenzy of Spac listings during the pandemic, the fad has ended in fire sales, underperforming stocks and even bankruptcies....
October 26, 2023
Moral Money
Electric vehicle uptake faces major obstacles, despite rosy projections Premium content
...If EV sales continue to accelerate — and tricky problems such as charging stations are addressed — then EV sales could comprise 62 to 86 per cent of auto sales globally by 2030, RMI says....
September 15, 2023
Electric vehicles
Tesla delivers record number of cars as price cut pays off for Musk
...Deliveries of the Cybertruck, Tesla’s highly anticipated rival to pick-up trucks, are due to begin this quarter....
July 2, 2023
Berkshire Hathaway Inc
Berkshire Hathaway’s cash pile nears all-time high at $147bn
...It continued to shed stocks: sales of $12.6bn outweighed purchases of $4.6bn....
August 5, 2023
Rupert Murdoch
Rupert Murdoch resolves his own succession drama — for now
...Lachlan quit the company in 2005 after falling out with Rupert, but returned from exile in Australia 10 years later, driving up to the Fox lot in a pick-up truck....
September 22, 2023
OutlookPatti Waldmeir
Fans show Harley-Davidson has not quite run out of gas
...For years, US sales fell as the core Harley-riding generation began to die off....
July 24, 2023
Automobiles
Car loan cost surge pressures manufacturers to reinstate discounts
...Analysts say that carmakers need to manufacture more of their inexpensive models to sustain strong sales....
April 1, 2023
Art Basel 2023
Hélène Leloup, pioneering dealer in African art, is selling prize pieces
...To source material, the duo set out from cities in west Africa in an old American army truck, travelling with local guides particularly to regions where Islam was predominant and older rituals discarded...
June 9, 2023
Tesla Inc
Tesla cars lose value faster than rival models after price cuts, data shows
...This is because, under lease or personal purchase agreements, motorists have to finance the value a car loses over a leasing period....
March 28, 2023

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