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Tesla Inc
Tesla scouts sites for $3bn India car plant in boost for Modi
...Modi pushed Musk to invest in India when the two met during a visit to the US by the prime minister last year....
April 3, 2024
Polestar
Hertz pauses plans to buy electric vehicles from Polestar this year
...It also struck a deal to buy 100,000 Tesla cars....
February 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
Electric vehicles
IEA bullish on electric vehicle sales in 2024
...The car industry’s use of incentives to stimulate demand has also risen sharply in the past year in big markets, including the US, UK and Germany, as manufacturers try to bring down their prices....
April 23, 2024
LexApple Inc
Apple is not the only company backing away from driverless cars Premium content
...In the last quarter, US chip designer Nvidia revealed that revenue from its automotive business fell 4 per cent year over year. In some regards, Apple had the right idea....
March 7, 2024
LexTesla Inc
Robotaxis are not the solution to Tesla’s problems Premium content
...If the US raises interest rates again this year, higher car financing costs could further dent demand....
April 23, 2024
LexTesla Inc
Elon Musk is still intrinsic to Tesla’s future Premium content
...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....
April 2, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Tesla Inc
Tesla shareholders braced for worst results in 7 years
...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....
April 22, 2024
Tesla Inc
Tesla shares rise on plans to accelerate launch of ‘more affordable’ models
...Tesla still makes more than 80 per cent of its revenue from selling cars....
April 24, 2024
Inchcape PLC
Inchcape to sell UK dealerships for £346mn
...The deal comes as some UK assets have become attractive targets for US companies amid the strengthening of the dollar....
April 15, 2024
Apple Inc
Apple cancels secretive electric car project in shift to focus on AI
...Apple’s decision to wind up its car project comes as it prepares to announce more details of its work in the fast-growing generative AI sector....
February 27, 2024
Tesla Inc
Tesla to cut 10% of global workforce
...Unlike legacy carmakers, Tesla is particularly exposed to the slowdown in battery-powered cars given it exclusively makes EVs....
April 15, 2024
Unhedged
Inflation is not going quietly Premium content
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. CPI: stuck If three data points make a trend, then US inflation looks stuck at 3 per cent....
April 11, 2024
The FT ViewThe editorial board
The electric vehicle revolution is running out of steam
...It is true that the slower EV shift could put targets for the green transition at risk, including the EU’s attempt to eliminate sales of new petrol and diesel cars by 2035, and the more gradual US approach...
April 10, 2024
Tesla Inc
Tesla and BYD sales fall as concerns mount over electric shift
...with expectations of about 450,000 cars in the quarter....
April 2, 2024
Inside BusinessJune Yoon
BYD’s $230,000 electric sports car signals plan to take on VW and Toyota
...In the US, they rose nearly two-thirds last year, outpacing the 46 per cent increase in EV sales. Total hybrid sales of about 1.2mn cars matched EV sales figures....
March 5, 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
News in-depthTesla Inc
Tesla’s ‘gravity-defying’ powers at risk as EV market slows
...Overall US used-car prices have fallen by 14 per cent since July 2022, but those for Teslas have halved, according to data from HSBC....
April 5, 2024
Due Diligence
How buying Teslas hurt Hertz Premium content
...DD will be there, so rustle up a team of up to six and see if you have what it takes to beat us. Details here....
March 20, 2024
News in-depthApple Inc
Apple parks its electric car project in sign of EV industry’s struggles
...In 2021, Cook called autonomy “a core technology, in my view”, adding: “If you sort of step back, the car, in a lot of ways, is a robot. An autonomous car is a robot....
February 28, 2024
BYD Co Ltd
BYD loses EV throne to Tesla as sales slip
...While China is Tesla’s single-largest market outside of the US, the country contributed 22 per cent of its total revenues during its most recent fiscal year....
April 2, 2024
BYD Co Ltd
BYD misses profit forecasts as Huawei challenge emerges
...While the company has long had ambitions to enter the car market, some experts have previously questioned how it could succeed in the face of US sanctions....
March 26, 2024
News in-depthApple Inc
China’s love affair with Apple and Tesla hits rocky patch
...“They gave us a deadline with a month and day by which we would have to stop using iPhones.”...
March 10, 2024
Trump Media & Technology Group
Ken Griffin’s trading firm blasts Trump Media boss as ‘loser’
...Data from S3 Partners shows TMTG is the third-most expensive US stock to borrow for short sales among companies with more than $25mn of short interest, behind cannabis group Canopy Growth and electric-car...
April 19, 2024
BlackRock Inc
BlackRock steps up security for Larry Fink after ‘anti-woke’ backlash
...Electric-car maker Tesla registered expenses of about $2.4mn for its chief executive Elon Musk in 2023, with a further $500,000 spent in the first two months of this year....
April 21, 2024
Hertz Global Holdings Inc
How Hertz’s bets on Tesla and a Goldman veteran veered off course
...Many renters, meanwhile, still preferred traditional cars and hybrids, leaving Hertz car lots full with Teslas even after it offered drivers heavy discounts....
March 20, 2024
Driverless vehicles
China challenges the west for driverless car supremacy
...The US group stressed that its fully autonomous cars were “responsible for making every driving decision on the road and do not rely on a human driver, either in the car or remotely”....
January 31, 2024

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