'Definitely see a positive trend there'

‘Definitely see a positive trend there’

In contrast to the first half of the year, Tesla’s sales numbers in Germany have improved, so increased production is planned for the third and fourth quarters at the Gruenheide factory in Berlin, as reported by Reuters. “We currently have very good sales figures and have therefore revisited our production plans for the third and…

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'Disrupt[ing] markets that are almost unimaginably large'

‘Disrupt[ing] markets that are almost unimaginably large’

Despite lagging EV sales and declining market share, Tesla’s stock has surged in recent weeks, fueled by CEO Elon Musk’s $1 billion personal investment and investor optimism over the company’s artificial-intelligence potential, Investor’s Business Daily reported. “We think TSLA’s multiple is so high because the company is using AI to disrupt markets that are almost…

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Tesla CEO Elon Musk’s old post on father Errol resurfaces amid child abuse allegations: ‘He did bad things…’

Tesla CEO Elon Musk’s old post on father Errol resurfaces amid child abuse allegations: ‘He did bad things…’

Tesla CEO Elon Musk’s father Errol Musk has been reportedly accused of child sexual abuse. A recent report by New York Times revealed that the 78-year old Errol Musk has been accused of child sexual abuse after the allegations from South Africa started surfacing and claimed that Musk engaged in abusive conduct involving a minor….

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Elon Musk vs Jeff Bezos: Which billionaire businessman has a more inspiring education journey?

Elon Musk vs Jeff Bezos: Which billionaire businessman has a more inspiring education journey?

The rise of billionaires Elon Musk and Jeff Bezos is often framed around their entrepreneurial achievements. Musk, the founder of SpaceX and CEO of Tesla, and Bezos, the founder and former chief executive officer of Amazon, both reshaped industries and global commerce. Yet their educational journeys reveal contrasting paths that shaped their ambitions, and hint…

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China’s state-owned car giants embrace home-grown tech to dominate EV market

China’s state-owned car giants embrace home-grown tech to dominate EV market

China’s state-owned carmakers are realigning their operations on the mainland, forming tie-ups with domestic partners after relying on foreign marques for decades, as they focus on electric vehicles (EV) in the world’s largest market for clean-energy cars. Juggernauts from FAW Group, mainland China’s oldest carmaker, to SAIC Motor, the country’s largest carmaker until 2023, are…

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Big EV market reset under way? China's BYD smokes Tesla again, leaves Musk in dust for 2nd time in 2 months in EU

Big EV market reset under way? China’s BYD smokes Tesla again, leaves Musk in dust for 2nd time in 2 months in EU

Chinese carmaker BYD outsold Tesla in the European Union for the second month in a row, registering three times as many new cars in August as it did a year earlier, news agency Reuters reported on September 25 citing data from the European Automobile Manufacturers’ Association (ACEA). The figures showed a rapid change in Europe’s…

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"A very aggressive number."

Lawmakers push stunning new law that would shake up key automobile market: ‘It’s definitely a game-changer’

Mexico’s proposed 50 percent tariffs on vehicles imported from China are set to deal a major blow to the country’s fast-growing electric vehicle market. What’s happening? According to reports from Reuters, the tariff targets electric and gasoline cars imported from all countries with which Mexico doesn’t have a free trade agreement, including South Korea, India,…

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