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...near you, a mocked-up Optimus is surveying with unseeing eyes the deserted shop floor: Further reading:— Putting a price on Tesla post Musk (FTAV)— Tesla’s Springfield Gorge trajectory (FTAV)— Tesla is nuts...
...PacifiCorp has paid out $735mn in settlements already and Berkshire estimates that it will need to spend roughly $1.1bn over the next three years on wildfire mitigation across its utilities, as it insulates wires...
...This is nuts, when’s the crash etc. Further reading:— Arm’s an AI stock now. When’s the crash? (FTAV)— ‘Sell Nvidia’ (FTAV)— Find someone who loves you like hedge funds love Nvidia (FTAV)...
...Both are complex financial and operating high-wire acts that remain subject to the vagaries of market trends largely out of their control. sujeet.indap@ft.com...
...For example, Rivian revamped how it makes and installs the trucks’ wire harnesses, systems that allow electricity to flow through a vehicle....
...Acquisitions are part of BorgWarner’s plan to refashion itself for the electric era....
...It had to recall almost all the vehicles it has manufactured because of a nut that needed tightening....
...Rivian said that by September 28 it had discovered seven vehicles that were affected by the loose nut....
...Milton has pleaded not guilty to two counts of securities fraud and two counts of wire fraud....
...Just as many of the industry’s enthusiastic new entrants have discovered that making cars is hard, so established manufacturers have found software a tough nut to crack....
...Electric cars have far fewer parts, with about 20 moving parts in an electric engine. Compare that with up to 1,000 components for internal combustion engines....
...As well as facing bottlenecks in the delivery of semiconductors, German carmakers have grappled with a shortage of electrical wire components, usually manufactured in Ukraine, forcing them to idle production...
...Two more data points this wintry morning to back up our assertion last week that there’s currently the mother of all bubbles in the electric vehicle market....
...Laguarta is pushing to introduce more wholegrains, nuts and legumes into our diets, saying: “We do see niche brands in this area but we want to make it mainstream”....
...“Everyone thought I was nuts but it saved the company,” Rawlinson said....
...Today, FT Alphaville is having the same thoughts about Tesla, the $463bn electric carmaker whose valuation has become unhinged from economic reality....
...Related Links:This is nut loaf, will Beyond Meat crash? -- FT AlphavilleBeyond Meat’s shares plunge after consumers slow purchases -- FT...
...Common safety features include sensors to detect buildings, wires and other aircraft, and back-up facilities in case equipment fails....
...It seemed nuts at $700 Monday. But it feels bonkers Tuesday — in early trading Tesla’s shares touched $920, they’re now at [$871] pixel time....
...Alphaville says the share price is nuts with it valuing the company as being worth 10 times more than General Motors, which shipped 7.7m cars last year, compared to Tesla’s 360,000....
...Backed by a host of well known investors including Tencent, Baillie Gifford and Sequoia Capital, the electric car company was seemingly China’s chosen one to disrupt Elon Musk’s grip on one of the sector...
...Citigroup and the $900m wire transfer that went wrong The life of a Wall Street bank chief executive is not always glamorous, as Citigroup’s Michael Corbat can attest....
...Related Links:Nio is nuts, where’s the cash? -- FT Alphaville...
...Smart reads China’s Musk Jia Yueting, the Chinese tech executive, leveraged himself to the hilt in pursuit of a better electric car....
...“We’re all kind of nuts....
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