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Related Special Reports
...giant to taper its electric ambitions....
...voice control as standard features....
...Tesla will this month send a team to scout locations in India for a proposed $2bn-$3bn electric car plant, according to two people with direct knowledge of the electric vehicle company’s plans....
...“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....
...This may be connected to rising competition and the reduction of US government subsidies, two factors over which Tesla has no control....
...French software and automation company Schneider Electric has said it is in talks over a potential deal with Bentley Systems, a US software specialist with a market value of roughly $15.6bn....
...And we will and we are.” The results come at a turbulent time for Musk and the electric vehicle sector....
...Thousands of imported vehicles, many of them electric cars made in China, are clogging up European ports....
...Tesla investor Christopher Tsai from Tsai Capital said that while he expected competition for electric vehicles would intensify and that Tesla would lose market share, “we also believe the company will increase...
...Elon Musk’s Tesla and Chinese rival BYD both reported sharp falls in electric car sales, adding to concerns of the slowing shift towards electric vehicles....
...One school of thought is that EV sales growth in Europe has, thus far, been from wealthy early adopters and corporate buyers....
...Apple has cancelled its efforts to build an electric car as it pivots to focus research funding on generative artificial intelligence, according to a person familiar with the matter....
...And even if it is, will it be believed? Tesla started the year with about 100,000 unsold vehicles and added another 45,000 and 50,000 in the first quarter....
...Look at the relative performance of a company, control for everything you can think of and measure — company size, industry, market shifts, geography and so on....
...battery electrics, and the Tang hybrid SUV in recent weeks....
...But its status as the electric car champion — and one with a stock market valuation still dwarfing that of rivals — leaves Tesla particularly exposed....
...It had partnerships with Google on artificial intelligence, Apple and Stripe on digital payments and Palantir on “fleet control”, he noted, predicting that its investments in technology would create “long-term...
...GM has delayed plans to build electric versions of its Chevrolet Silverado and GMC Sierra trucks....
...“Twenty-five per cent is not so much I could control the company even if I went bonkers, but it’s enough that I have a strong influence.”...
...The debate about electric vehicles in the UK comes laced with scare stories about hidden costs, suspect environmental credentials, battery lifetime, combustibility and the lack of charging points....
...There are “over 200 companies globally working on [electric and self-driving] technology, and over 20 carmakers already selling more than 10,000 EVs per year, while Apple was still in the testing phase”,...
...That requires a large customer base, hence Tesla’s transition from high-end, six-figure vehicles to more affordable models and deals with Uber and Hertz....
...” and concluded that “a ‘Delaware premium’ is non-existent or unknowable”....
...India’s biggest steel producer JSW and Chinese carmaker SAIC Motor on Wednesday launched a $1.5bn joint venture to build and sell MG-brand electric vehicles in the world’s most populous country....
...The pressure is especially high in China, the world’s biggest auto market and the US EV maker’s second-largest market by sales, where competition between local EV makers and foreign carmakers is heating...
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