Sunday, 23 February 2025

Spotlight: Tesla

FILE PHOTO: Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo
BusinessEconomyElectric Vehicles (EVs)FinanceNewsTrade

Tesla misses estimates for Q3 deliveries on stiff competition

Tesla missed third-quarter delivery expectations, reporting 462,890 vehicles, amid rising competition from China and Europe.

FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, March 1, 2023. REUTERS/Johanna Geron/File Photo
EconomyElectric Vehicles (EVs)LegislationNewsPoliticsRegulationsTrade

EU support is enough to impose Chinese EV tariffs, sources say

The EU is set to vote on Friday for tariffs up to 45 per cent on Chinese-made EVs, likely increasing trade tensions with...

FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021.  REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceIndustryManufacturingNewsTrade

GM seeks to ease shareholders’ nerves at investor day

GM aims to reassure investors that despite slowing EV demand, profit growth remains achievable, focusing on stability.

FILE PHOTO: The BYD EV Dolphin Mini is displayed as the Chinese electric-vehicle producer announces the launch of the low-cost EV in Mexico City, Mexico February 28, 2024. REUTERS/Toya Sarno Jordan/File Photo
BusinessEconomyElectric Vehicles (EVs)ManufacturingNewsPoliticsRegulations

US issues $2 billion in EV tax rebates since Jan 1, Treasury says

The U.S. has issued $2B in EV tax credits for 300,000 vehicles since January, the Treasury said on Tuesday.

FILE PHOTO: Elon Musk, CEO of SpaceX and Tesla and owner of X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. REUTERS/Gonzalo Fuentes/File Photo
BusinessCourtsElectric Vehicles (EVs)ManufacturingNewsRegulations

Tesla, Musk beat shareholder lawsuit over self-driving promises

A U.S. judge dismissed a lawsuit accusing Tesla and Musk of defrauding shareholders over self-driving technology claims.

FILE PHOTO: Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo
AnalysisBusinessEconomyElectric Vehicles (EVs)ManufacturingNewsTrade

Tesla’s quarterly deliveries set to rise as China incentives lure wary EV buyers

Tesla is projected to report an eight per cent rise in Q3 deliveries, driven by China incentives and financing, per Wall Street.

A passerby walks past an electronic screen displaying the current Japanese Yen exchange rate against the U.S. dollar outside a brokerage in Tokyo, Japan, September 30, 2024. REUTERS/Kim Kyung-Hoon
AnalysisBusinessElectionsFinanceOil

Yen thrills and oil spills in Q3’s market rollercoaster

Q3: The yen's strongest run since the 2008 global crash, central banks swivelling at speed, oil diving, gold shining and China's economic stimulus.

Ford Motor Company CEO Jim Farley speaks during a press conference in Romulus, Michigan U.S., February 13, 2023.   REUTERS/Rebecca Cook/ File Photo
BusinessElectric Vehicles (EVs)InfrastructureManufacturingNewsTransmission

Ford to offer free chargers to EV buyers through year-end

Ford is offering free home chargers and installation to EV buyers, aiming to boost sales and ease charging concerns.

FILE PHOTO: Cooling towers are seen at Google's new data center near Fredericia, Denmark November 30, 2020. Frank Cilius/Ritzau Scanpix/via REUTERS/File Photo
AnalysisIn-Depth

Analysis: Power thirst complicates ESG investors’ love affair with tech stocks

ESG investors press Microsoft and Alphabet about AI's energy needs to determine the tech sector's place in sustainable funds.

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X looks on during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024.  REUTERS/David Swanson/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)ManufacturingNews

Elon Musk looking to invest in lithium hub Argentina

Argentina is the world's fourth-largest producer of lithium, a critical component of electric vehicle batteries.

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