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...One of the people familiar with Tesla’s plans said the company was considering beginning with a $2bn-$3bn investment in the Indian car plant....
...Lemonade, whose shares have fallen more than 70 per cent since its first day of trading in New York in 2020, provides a range of insurance including for homes, pets and cars to customers in the US and Europe...
...Tesla has climbed out of bigger holes than this one in the past. But to do that it needs cheaper cars, not robotaxis. elaine.moore@ft.com...
...Tesla still makes more than 80 per cent of its revenue from selling cars....
...Tesla has already reported an 8 per cent fall in car sales in the first three months of the year compared with the same period in 2023....
...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...
...South Korea has become one of the most important markets for European carmakers, ranking among the top three Asia markets for global luxury brands with about 34,000 cars priced at more than Won150mn ($108,000...
...Still, Delaware, Inc is going to have to decide whether its brand should be based on being an even-handed, dispassionate system or something more corporate-friendly, designed to keep up in a regulatory race...
...“The car distribution market is fragmented globally, but we are seeing that more brands are looking for one single distributor,” he said....
...“Based on today’s policy settings alone, almost one in three cars on the roads in China by 2030 is set to be electric, and almost one in five in both the United States and EU....
...with expectations of about 450,000 cars in the quarter....
...As one senior executive told him: “If the Chinese sell an EV that is just as good as a western car, but cheaper, that is one thing....
...but it’s often the best one can do....
...This approach could leave the company facing not one but two sets of harsh regulations, one for land vehicles and one for aerial vehicles....
...But it also cannot be the scapegoat for all UK corporate woes....
...The bank sounded one note of caution on its car financing business Arval — an area where French rivals Société Générale and Crédit Agricole are also big operators — saying used car values were now falling...
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...Lloyds’ chief executive Charlie Nunn welcomed the regulator’s review but warned that “more certainty around the regulatory environment in which we operate” was “one of the big questions on our investors’...
...EVs made up 7.6 per cent of the domestic car market, up from 5.9 per cent in 2022....
...One cause of such failures could be “naked” short selling. “Nasdaq is committed to the principles of liquidity, transparency and integrity in all our markets,” the exchange said....
...If Tesla ends up in Texas, at least no one can feign surprise at whatever he happens to do after. sujeet.indap@ft.com...
...The chief executive of FTSE 100 group Admiral, one of the biggest UK car insurers, said its motor insurance prices had peaked, signalling the end of a surge in premiums across the industry that sent the...
...But one day, he says, Tesla and SpaceX may create something that is not “even really a car”. The Technoking is the reason Tesla remains the most distinctive car company in the world....
...However, US officials recently revealed one such incident around a so-called “Volt Typhoon” Chinese hack....
...The advertisement, one in a series the car rental company has done with Brady, was part of its campaign to display its heavy investment in electric vehicles, which the company claimed would be revolutionary...
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