Saturday, 22 February 2025

Spotlight: Tesla

FILE PHOTO: A Tesla electric vehicle is plugged to a charger in a parking lot in Teia, north of Barcelona, Spain, October 31, 2023. REUTERS/Albert Gea/File Photo
AutomotiveBusinessClimateEconomyElectric Vehicles (EVs)EmissionsNatural GasNewsPoliticsRegulationsTrade

Trump transition team plans sweeping rollback of Biden EV, emissions policies

Trump's transition team proposes cutting EV support, imposing global tariffs on battery materials, and rolling back emissions standards.

Chinese companies have been consolidating their position in the lesser-watched trucking scene (AFP)
BusinessElectric Vehicles (EVs)NewsStorageTradeTransport

Chinese firms take on EV truck challenges

Electric trucks currently represent less than one percent of truck sales worldwide.

FILE PHOTO: Tesla CEO and X owner Elon Musk listens as US President-elect Donald Trump speaks during a meeting with House Republicans at the Hyatt Regency hotel in Washington, DC, U.S. on November 13, 2024.  ALLISON ROBBERT/Pool via REUTERS/File Photo
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Judge clears way for Musk appeal to try to restore $56 billion Tesla pay

A Delaware judge has allowed Elon Musk and Tesla to appeal a ruling that invalidated Musk's $56 billion pay package, citing fiduciary breaches.

Elon Musk walks on Capitol Hill on the day of a meeting with Senate Republican Leader-elect John Thune (R-SD), in Washington, U.S. December 5, 2024. REUTERS/Benoit Tessier/File photo
BusinessElectric Vehicles (EVs)NewsTransport

Elon Musk’s net worth tops $400 billion, Forbes billionaires list shows

Musk is EV maker Tesla's largest shareholder with about a 13% stake in the company.

FILE PHOTO: People look at the newly unveiled Onvo L60 SUV, the first vehicle of Chinese electric vehicle (EV) maker Nio's new lower-priced brand, in Shanghai, China May 15, 2024. REUTERS/Zoey Zhang/File Photo
BusinessElectric Vehicles (EVs)NewsSemiconductorTransport

China’s Nio, behind on growth targets, aims to tighten cost control

The company has had 30-40% growth in the last three years — but that was not satisfactory for its CEO.

FILE PHOTO: General Motors chair and chief executive officer Mary Barra participates in an Economic Club of Washington discussion on "the transformation of the automotive industry to an all-electric future, the path to autonomous vehicles, and the recent negotiations with GM's workforce" in Washington, U.S., December 13, 2023. REUTERS/Elizabeth Frantz/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceIndustryNews

Wall Street mostly upbeat on GM’s decision to pull the plug on Cruise

GM's Cruise shutdown signals Wall Street's waning patience with autonomous vehicle investments and speculative tech bets.

FILE PHOTO: Visitors check a Tesla Model 3 car next to a Model Y displayed at a showroom of the U.S. electric vehicle (EV) maker in Beijing, China February 4, 2023. REUTERS/Florence Lo/File Photo
BusinessEconomyElectric Vehicles (EVs)IndustryNews

Tesla shares jump to record high

Tesla stock soars to record $415, surging 65 per cent post-election on Musk's Trump ties and strong China sales amid EV market optimism.

General Motors' Cruise unveils wheelchair-accessible robotaxi at an event in San Francisco, California, U.S., September 14, 2023. REUTERS/Abhirup Roy/File Photo
BusinessElectric Vehicles (EVs)NewsTransport

GM’s Cruise exit turns focus on challenges of scaling robotaxis

GM's exit of Cruise robotaxis shows the costly, long-term challenge of perfecting self-driving tech.

A man walks near a Tesla car at a charging station outside a store of the electric vehicle (EV) maker in Beijing, China January 4, 2024. REUTERS/Florence Lo/File Photo
BusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsTrade

Tesla sells 21,900 EVs in China in first week of Dec, the highest in Q4

The rare weekly sales disclosure came after Tesla logged its best month in the Chinese market this year with sales exceeding 73,000 in...

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