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Driven to distraction
...Windrose Technology, an electric truck start-up that has so far produced 13 vehicles, aims to eventually list in the US but currently relies on mainland China partners, including state-owned Anhui Jianghuai...
...Similarly the huge bet on Apple (its holdings peaked at almost $180bn last year) represented a huge shift in Berkshire’s view of technology....
...Another method is finding matched pairs of companies — in similar industries, of similar size, deploying similar technologies — and following each very closely over a long period, to observe how management...
Elon Musk sends confusing message on earnings call
Shares drop after car sales slip in first quarter
Tesla wants to relocate its corporate domicile but institutional investors like Delaware’s sophistication and predictability
...The share prices of Geely units Volvo, EV brand Polestar, Lotus Technology and ECARX are down an average 60 per cent since their listings....
...Access to high-definition mapping is crucial for even a partially self-driving technology system to work....
Scrapping a project with high upfront costs makes sense
...Will new technology turn around slowing sales growth at Tesla?...
...the country as a “successful example” of economic and trade co-operation with the US — emollient language at a time when trade tensions between Beijing and Washington have increased, particularly over technology...
...China can veto sales of key technology, making any bid effort speculative. TikTok has also made it clear that it is planning a legal fight....
...Musk believes this technology is central to the future of the EV market, saying that “everything else is like variations on a horse carriage”....
“We will lead their coke dealers to their homes after they can’t pay their bills”
...Musk remains convinced that the company’s bet on self-driving technology, which has led to several fatalities, will be its key differentiator in the future....
Delaware court previously voided chief executive’s $56bn remuneration
...The public unveiling of the robotaxi in August “may well be make-or-break time for [Tesla’s] long-promised” self-driving technology, he added....
Plaintiffs’ firm Bernstein Litowitz described their request as ‘unprecedented’ and ‘conservative’
...In social media, in particular, a stable industrial ecosystem has developed that operates in somewhat predictable ways....
Company ends decade-long research effort as electric vehicle industry loses momentum
...This significant lead can be attributed to China’s advanced EV-related technologies, particularly in the field of batteries, writes Nikkei’s Shizuka Tanabe....
...The company was bailed out to the tune of nearly $1bn in 2020 by state-owned enterprises from the eastern Chinese province of Anhui....
On and on he seems to go, but we won’t know what we’ve got ‘til it’s gone
...Roughly half of global gig workers now belong to a formal group or union, or have taken part in industrial action, a 2021 survey of nearly 5,000 workers found....
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