Falling Lithium Prices Are Making Electric Cars More Affordable

An unexpected decline in the price of an essential battery material, along with those of other commodities, is good news for buyers. But experts disagree on how long low prices will last.

#automobiles, #batteries, #biden-joseph-r-jr, #china, #cobalt, #contemporary-amperex-technology-ltd, #copper-brass-and-bronze, #electric-and-hybrid-vehicles, #factories-and-manufacturing, #ford-motor-co, #general-motors, #lithium-metal, #lithium-americas-corp, #metals-and-minerals, #mines-and-mining, #prices-fares-fees-and-rates, #production, #stocks-and-bonds, #tesla-motors-inc, #united-states, #united-states-international-relations

China’s New Premier Needs to Revive Growth. How Far Will Loyalty Get Him?

Li Qiang’s business-friendly reputation could bolster confidence in China’s economy. But he is stepping into a role with diminished power under Xi Jinping.

#biontech-se, #china, #communist-party-of-china, #coronavirus-2019-ncov, #lee-kuan-yew-school-of-public-policy, #li-qiang-1959, #musk-elon, #national-peoples-congress-china, #politics-and-government, #shanghai-china, #shanghai-fosun-pharmaceutical-group, #tesla-motors-inc, #united-states-international-relations, #wenzhou-china, #xi-jinping, #zhejiang-province-china

Ford Is Leaving Tesla in the Dust

Boring old Ford is proving to be a very modern company.

#automobiles, #driverless-and-semiautonomous-vehicles, #electric-and-hybrid-vehicles, #f-150, #farley-chris, #farley-james-d-jr-1962, #ford-motor-co, #model-3, #musk-elon, #roads-and-traffic, #tesla-motors-inc, #twitter

The Sunday Read: ‘Elon Musk’s Appetite for Destruction’

A wave of lawsuits argue that Tesla’s self-driving software is dangerously overhyped. What can its blind spots teach us about the company’s erratic C.E.O.?

#audio-neutral-informative, #electric-and-hybrid-vehicles, #musk-elon, #tesla-motors-inc, #united-states

China’s Leading Electric Carmaker Has Arrived in Germany

BYD is a powerhouse in China and sells the most electric vehicles of any company in the world. Now it has a plan to attract buyers in Europe’s largest economy.

#automobiles, #build-your-dreams, #byd-co-ltd, #china, #electric-and-hybrid-vehicles, #ford-motor-co, #germany, #sixt, #tesla-motors-inc, #volkswagen-ag

Authorities Step Up Their Crypto Crackdown

A string of enforcement actions, the latest involving the multibillion-dollar collapse of Terraform Labs, has put the chill on a recent Bitcoin rally.

#alphabet-inc, #bankman-fried-sam, #biden-joseph-r-jr, #binance, #carlson-tucker, #computers-and-the-internet, #fox-news-channel, #hannity-sean, #hk-ftx-trading-ltd-futures-exchange, #ingraham-laura-a, #internal-storyline-no, #kwon-do, #national-highway-traffic-safety-administration, #news-and-news-media, #news-corporation, #putin-vladimir-v, #stocks-and-bonds, #terraform-labs-pte-ltd, #tesla-motors-inc, #trader-joes, #trump-donald-j, #wojcicki-susan, #youtube-com, #zhao-changpeng

Tesla to Recall 362,000 Cars With Its ‘Full Self Driving’ System

A federal auto safety agency said the technology can cause crashes, but said the company was unaware of any deaths or injuries caused by the flaws.

#automobile-safety-features-and-defects, #automobiles, #driverless-and-semiautonomous-vehicles, #electric-and-hybrid-vehicles, #national-highway-traffic-safety-administration, #recalls-and-bans-of-products, #regulation-and-deregulation-of-industry, #tesla-motors-inc, #traffic-accidents-and-safety

Tesla Fired Buffalo Workers Seeking to Organize, Union Says

Workers backing a push for better wages and working conditions were among those illegally laid off, members told the National Labor Relations Board.

#electric-and-hybrid-vehicles, #factories-and-manufacturing, #labor-and-jobs, #musk-elon, #national-labor-relations-board, #organized-labor, #tesla-motors-inc, #workers-united, #workplace-environment, #workplace-hazards-and-violations

A Big Breakup at the Federal Trade Commission

A second Republican commissioner has resigned as the agency gears up for a big showdown on noncompete agreements and the Microsoft-Activision merger.

#activision-blizzard-inc, #air-india, #airbus-industrie, #bedoya-alvaro, #berkshire-hathaway-inc, #bernstein-jared, #biden-joseph-r-jr, #brainard-lael, #buffett-warren-e, #democratic-party, #facebook-inc, #federal-reserve-system, #federal-trade-commission, #haley-nikki-r, #internal-storyline-no, #khan-lina, #matter-ventures, #meta-platforms-inc, #microsoft-corp, #musk-elon, #schultz-howard-d, #tesla-motors-inc, #twitter, #yellen-janet-l

Electric Vehicles Could Match Gasoline Cars on Price This Year

Competition, government incentives and falling raw material prices are making battery-powered cars more affordable sooner than expected.

#automobiles, #batteries, #commodities, #electric-and-hybrid-vehicles, #factories-and-manufacturing, #ford-motor-co, #general-motors, #hyundai-motor-co, #inflation-economics, #inflation-reduction-act-of-2022, #international-council-on-clean-transportation, #international-trade-and-world-market, #lg-energy-solution, #lithium-metal, #matthews-international-corporation, #metals-and-minerals, #prices-fares-fees-and-rates, #sports-utility-vehicles-and-light-trucks, #supply-chain, #tax-credits-deductions-and-exemptions, #tesla-motors-inc, #treasury-department, #united-states, #united-states-politics-and-government

Tesla’s Cybertruck Is Coming Soon. Maybe.

Already two years behind schedule, the Cybertruck has experts wondering how the company will manufacture its unusual stainless steel “exoskeleton.”

#austin-tex, #automobiles, #electric-and-hybrid-vehicles, #engineering-and-engineers, #factories-and-manufacturing, #musk-elon, #sports-utility-vehicles-and-light-trucks, #steel-and-iron, #tesla-motors-inc, #traffic-accidents-and-safety, #welding-and-welders

Jury Rules for Elon Musk and Tesla in Investor Lawsuit Over Tweets

The case centered on whether investors lost money because they believed Mr. Musk’s social media posts about taking Tesla private in 2018.

#corporations, #decisions-and-verdicts, #electric-and-hybrid-vehicles, #mergers-acquisitions-and-divestitures, #musk-elon, #san-francisco-calif, #social-media, #stocks-and-bonds, #suits-and-litigation-civil, #tesla-motors-inc, #twitter

Tesla Bulls Take Heart From Strong Profits

Shares in the electric carmaker continued to rally after the company reported strong profits, even amid growing competition and economic pressures.

#adani-group, #adani-gautam-s, #bank-of-canada, #bezos-jeffrey-p, #byd-co-ltd, #chevron-corporation, #citigroup-inc, #company-reports, #electric-and-hybrid-vehicles, #ford-motor-co, #goldman-sachs-group-inc, #internal-storyline-no, #international-business-machines-corporation, #kingsbury-tom-1952, #manchin-joe-iii, #modi-narendra, #musk-elon, #sperling-gene, #tesla-motors-inc, #toronto-dominion-bank, #twitter, #volkswagen-ag

Tesla’s Profit Jumped 12% in Fourth Quarter

The electric car company is facing intensifying competition, supply chain disruptions and concerns about the behavior of Elon Musk.

#automobiles, #china, #company-reports, #electric-and-hybrid-vehicles, #musk-elon, #stocks-and-bonds, #supply-chain, #tesla-motors-inc, #twitter

Elon Musk Says Saudi Fund Wanted to Take Tesla Private

Mr. Musk is testifying in a lawsuit filed by investors who claim that his statements about a plan to take Tesla private in 2018 caused them to lose billions of dollars.

#corporations, #electric-and-hybrid-vehicles, #musk-elon, #san-francisco-calif, #social-media, #stocks-and-bonds, #suits-and-litigation-civil, #tesla-motors-inc, #twitter

Elon Musk Testifies That His Tweets Did Not Drive Tesla’s Stock Price

The chief executive of Tesla testified in a federal civil trial about a 2018 plan to take the automaker private that fizzled out.

#chen-edward-m, #electric-and-hybrid-vehicles, #frauds-and-swindling, #mergers-acquisitions-and-divestitures, #musk-elon, #securities-and-exchange-commission, #social-media, #spiro-alex-1982, #stocks-and-bonds, #suits-and-litigation-civil, #tesla-motors-inc, #twitter

Oliver Stone Goes Nuclear at Davos

At the World Economic Forum, the provocative filmmaker received a warm reception for his film promoting nuclear power.

#alameda-research-llc, #bank-of-japan, #bankman-fried-sam, #blackrock-inc, #coinbase-inc, #digital-currency-group-inc, #federal-reserve-system, #hk-ftx-trading-ltd-futures-exchange, #kuroda-haruhiko, #microsoft-corp, #movies, #stone-oliver, #sullivancromwell, #tesla-motors-inc

Davos Worries About a ‘Polycrisis’

So many global troubles have arisen that the political and business leaders at the World Economic Forum in Switzerland have adopted a buzzword to capture the moment.

#china, #internal-storyline-no, #musk-elon, #population, #tesla-motors-inc, #world-economic-forum

Elon Musk’s Appetite for Destruction

A wave of lawsuits argue that Tesla’s self-driving software is dangerously overhyped. What can its blind spots teach us about the company’s erratic C.E.O.?

#artificial-intelligence, #automobile-safety-features-and-defects, #automobiles, #compensation-for-damages-law, #electric-and-hybrid-vehicles, #ethics-personal, #musk-elon, #tesla-motors-inc, #traffic-accidents-and-safety

Elon Musk Faces Trial Over His 2018 Plan to Take Tesla Private

Investors are seeking billions of dollars in damages for their losses after Mr. Musk posted a proposal on Twitter that never materialized.

#automobiles, #chen-edward-m, #compensation-for-damages-law, #corporations, #courts-and-the-judiciary, #electric-and-hybrid-vehicles, #mergers-acquisitions-and-divestitures, #musk-elon, #public-investment-fund-saudi-arabia, #securities-and-exchange-commission, #social-media, #stocks-and-bonds, #suits-and-litigation-civil, #tesla-motors-inc, #twitter

Tesla Cuts Prices Sharply as It Moves to Bolster Demand

The price reductions in the United States will make more of the company’s electric vehicles eligible for a federal tax credit.

#automobiles, #company-reports, #electric-and-hybrid-vehicles, #prices-fares-fees-and-rates, #stocks-and-bonds, #tesla-motors-inc

Auto Sales Likely Fell in 2022 Because of Supply Chain Chaos

Automakers have been hampered by the supply of semiconductors and higher interest rates.

#automobiles, #company-reports, #computer-chips, #electric-and-hybrid-vehicles, #general-motors, #inflation-economics, #interest-rates, #prices-fares-fees-and-rates, #rivian-automotive-llc, #shortages, #supply-chain, #tesla-motors-inc, #toyota-motor-corp, #two-thousand-twenty-two, #united-states, #united-states-economy

Tesla Investors Fear for a Tough 2023

A huge sell-off wiped billions of dollars from the electric carmaker’s market capitalization on Tuesday. Analysts see more trouble ahead.

#ant-financial-services-group, #bankman-fried-sam, #blockfi-inc, #buck-joe, #buffalo-bills, #cincinnati-bengals, #digital-currency-group-inc, #electric-and-hybrid-vehicles, #football, #genesis-global-capital, #gensler-gary-s, #hamlin-damar-1998, #hk-ftx-trading-ltd-futures-exchange, #house-of-representatives, #mccarthy-kevin-1965, #microsoft-corp, #musk-elon, #tagovailoa-tua, #tesla-motors-inc, #twitter, #volkswagen-ag

Tesla Car Sales Grow Slower Than Expected, Amplifying Concerns

Wall Street has grown decidedly pessimistic about Tesla, fearful that Elon Musk, its chief executive, is too focused on Twitter.

#automobiles, #china, #company-reports, #consumer-behavior, #electric-and-hybrid-vehicles, #factories-and-manufacturing, #musk-elon, #stocks-and-bonds, #tesla-motors-inc, #united-states

Why China’s Economy Faces a Perilous Road to Recovery

Years of lockdowns took a brutal toll on businesses. Now, the rapid spread of Covid after a chaotic reopening has deprived them of workers and customers.

#china, #communist-party-of-china, #coronavirus-2019-ncov, #factories-and-manufacturing, #guangzhou-china, #labor-and-jobs, #lunar-new-year, #nio-ltd, #shanghai-china, #shopping-and-retail, #tesla-motors-inc, #wages-and-salaries

Elon Musk’s Antics Hurt Tesla’s Democratic-Leaning Brand

Does Elon know who buys his stuff?

#automobiles, #democratic-party, #economics-theory-and-philosophy, #electric-and-hybrid-vehicles, #internal-sub-only-nl, #musk-elon, #tesla-motors-inc

Tesla Had a Bad Year. Some Investors Are Blaming Elon Musk.

Investors blame Elon Musk and wonder how much more the stock will fall.

#automobiles, #boards-of-directors, #china, #computers-and-the-internet, #denholm-robyn, #electric-and-hybrid-vehicles, #musk-elon, #social-media, #stocks-and-bonds, #tesla-motors-inc, #twitter, #two-thousand-twenty-two

Tax Credits for Electric Vehicles Are About to Get Confusing

Foreign-made cars no longer qualify. Tesla and G.M. should become eligible again. But officials are still working on the fine print.

#automobiles, #biden-joseph-r-jr, #electric-and-hybrid-vehicles, #ford-motor-co, #general-motors, #hyundai-motor-co, #inflation-reduction-act-of-2022, #international-trade-and-world-market, #lobbying-and-lobbyists, #manchin-joe-iii, #metals-and-minerals, #tax-credits-deductions-and-exemptions, #tesla-motors-inc, #used-cars

Can Elon Musk’s Tesla Really Last?

“Cool” doesn’t necessarily deliver sustained advantage.

#economics-theory-and-philosophy, #electric-and-hybrid-vehicles, #internal-sub-only-nl, #musk-elon, #tesla-motors-inc

Americans Are Realizing Tesla Isn’t the Only Electric Car

As Elon Musk’s politics turn off potential customers, many rival vehicles are coming to market.

#electric-and-hybrid-vehicles, #musk-elon, #tesla-motors-inc, #twitter

Elon Musk’s Distraction Is Just One of Tesla’s Problems

The maker of electric cars faces sharp competition, plummeting shares and production woes while its chief executive is preoccupied with Twitter.

#automobiles, #electric-and-hybrid-vehicles, #executives-and-management-theory, #musk-elon, #production, #stocks-and-bonds, #tesla-motors-inc, #twitter

Would Elon Musk Actually Step Down as Twitter’s C.E.O.?

The Twitter owner has said he will resign as chief executive, but it’s far from certain whether he would actually step down as the boss.

#adidas-ag, #appointments-and-executive-changes, #bank-of-japan, #bankman-fried-sam, #biden-joseph-r-jr, #european-commission, #exxon-mobil-corp, #fedex-corporation, #hk-ftx-trading-ltd-futures-exchange, #internal-revenue-service, #kushner-jared, #musk-elon, #nike-inc, #puma-ag, #salt-bae-chef, #tesla-motors-inc, #trump-donald-j, #twitter, #wells-fargocompany, #youtube-com, #zelensky-volodymyr

Elon Musk Says He Will Resign as Twitter CEO When He Finds Successor

Mr. Musk, who asked his Twitter followers on Sunday if he should step down as head of the service, will remain the company’s owner.

#appointments-and-executive-changes, #computers-and-the-internet, #musk-elon, #social-media, #space-exploration-technologies-corp, #tesla-motors-inc, #twitter

Why Petulant Oligarchs Rule Our World

The cult of the genius entrepreneur has done a lot of damage.

#bankman-fried-sam, #entrepreneurship, #high-net-worth-individuals, #hk-ftx-trading-ltd-futures-exchange, #musk-elon, #tesla-motors-inc, #twitter

Twitter Users Say Elon Musk Should Quit as C.E.O.

After weeks of turmoil since he bought the company, Mr. Musk surveyed Twitter about whether he should remain in charge, and said he would abide by the result.

#appointments-and-executive-changes, #company-reports, #musk-elon, #polls-and-public-opinion, #social-media, #tesla-motors-inc, #twitter

Twitter Draws International Outrage for Suspending Journalists

After Elon Musk’s Twitter suspends journalists, lawmakers and press freedom advocates fire back, threatening sanctions and fines.

#agrawal-ajay, #alameda-research-llc, #bankman-fried-sam, #ellison-caroline-1994, #ernstyoung, #european-commission, #european-parliament, #hk-ftx-trading-ltd-futures-exchange, #house-of-representatives, #kaili-eva, #musk-elon, #netflix-inc, #new-york-times, #openai-labs, #ray-john-j-iii, #social-media, #sonnenfeld-jeffrey-a, #space-exploration-technologies-corp, #tesla-motors-inc, #twitter, #yale-university

Elon Musk Sells Another $3.6 Billion in Tesla Stock

Twitter’s owner has now sold $23 billion worth of Tesla stock this year, much of it after he pledged in April to stop selling shares to finance his deal to acquire the social media company.

#musk-elon, #stocks-and-bonds, #tesla-motors-inc, #twitter

Wall Street Fears the Fed May Tip the Economy Into Recession

The Federal Reserve’s commitment to vanquish inflation is continuing to add volatility to the stock market.

#ackman-william-a, #alameda-research-llc, #bank-of-england, #banking-and-financial-institutions, #bankman-fried-sam, #bourkoff-aryeh-b, #charles-schwab-corporation, #citadel-investment-group, #european-central-bank, #gensler-gary-s, #goldman-sachs-group-inc, #hk-ftx-trading-ltd-futures-exchange, #musk-elon, #powell-jerome-h, #rbc-capital-markets, #social-media, #stocks-and-bonds, #tesla-motors-inc, #twitter, #yale-university

Sam Bankman-Fried, FTX Founder, Faces Growing Legal Troubles

The fallen crypto mogul Sam Bankman-Fried plans to fight extradition as charges pile up in what prosecutors called a record financial fraud.

#alameda-research-llc, #apple-inc, #bankman-fried-sam, #commodity-futures-trading-commission, #cook-timothy-d, #dorsey-jack, #ellison-caroline-1994, #hk-ftx-trading-ltd-futures-exchange, #house-of-representatives, #lpl-financial, #musk-elon, #regulation-and-deregulation-of-industry, #senate-committee-on-banking, #social-media, #tesla-motors-inc, #twitter, #united-states-economy, #world-trade-organization, #zhao-changpeng

Musk Shakes Up Twitter’s Legal Team as He Looks to Cut More Costs

Twitter has stopped paying rent on offices and is considering not paying severance packages to former employees, among other measures.

#computers-and-the-internet, #musk-elon, #social-media, #space-exploration-technologies-corp, #sprio-alex, #tesla-motors-inc, #twitter

Elon Musk’s Twitter Role Puts Tesla Board Under New Scrutiny

Corporate governance experts say the electric-car maker’s directors may need to rein in the chief executive, with whom many have personal ties.

#appointments-and-executive-changes, #boards-of-directors, #executive-compensation, #musk-elon, #shareholder-rights-and-activism, #stocks-and-bonds, #tesla-motors-inc, #twitter

What Elon Musk Is Doing to Twitter Is What He Did at Tesla and SpaceX

Firing people. Talking of bankruptcy. Telling workers to be “hard core.” Mr. Musk has repeatedly used those tactics at many of his companies.

#computers-and-the-internet, #electric-and-hybrid-vehicles, #layoffs-and-job-reductions, #musk-elon, #private-spaceflight, #social-media, #space-exploration-technologies-corp, #tesla-motors-inc, #twitter

Contagion in Crypto From FTX’s Fall Is Growing

The crypto exchange’s collapse is stoking fears of contagion across the industry. Meanwhile, FTX’s founder, Sam Bankman-Fried, is still speaking out.

#alphabet-inc, #bankman-fried-sam, #boies-david, #brady-tom, #columbia-university, #david-larry, #gemini-trust-co-llc, #harvard-university, #hk-ftx-trading-ltd-futures-exchange, #midterm-elections-2022, #musk-elon, #scaramucci-anthony, #sequoia-capital, #skybridge-capital-ii-llc, #social-media, #tesla-motors-inc, #twitter, #winklevoss-cameronwinklevoss-tyler, #yale-university

Elon Musk Testifies He Had Little Say in His Tesla Pay

The billionaire chief executive is testifying about a multibillion dollar compensation package the electric car company’s board put in place in 2018.

#executive-compensation, #mccormick-kathaleen-st-j, #musk-elon, #stocks-and-bonds, #suits-and-litigation-civil, #tesla-motors-inc

Elon Musk Heads to Court to Defend His Billions in Tesla Pay

A shareholder is asking the court to void a 2018 compensation package that has paid the chief executive nearly $50 billion.

#automobiles, #boards-of-directors, #corporations, #delaware, #denholm-robyn, #electric-and-hybrid-vehicles, #executive-compensation, #high-net-worth-individuals, #mccormick-kathaleen-st-j, #musk-elon, #stocks-and-bonds, #suits-and-litigation-civil, #tesla-motors-inc, #twitter

Electric Vehicles Start to Enter the Car-Buying Mainstream

While sales are still skewed toward affluent buyers, more people are choosing electric vehicles to save money.

#automobiles, #batteries, #california, #chevrolet-division-of-general-motors-corp, #electric-and-hybrid-vehicles, #energy-efficiency, #nissan-motor-co, #oil-petroleum-and-gasoline, #prices-fares-fees-and-rates, #solar-energy, #tesla-motors-inc, #united-states, #volkswagen-ag

Regulators Begin Cracking Down on FTX

Authorities worldwide are intensifying their scrutiny of the embattled cryptocurrency exchange, amid concern about improper use of customer money.

#alibaba-group-holding-ltd, #bankman-fried-sam, #binance, #blockfi-inc, #grubhub-inc, #hk-ftx-trading-ltd-futures-exchange, #musk-elon, #softbank-corporation, #tesla-motors-inc, #twitter, #zhao-changpeng

Can Elon Musk Make the Math Work on Owning Twitter? It’s Dicey.

Mr. Musk faces financial challenges in owning Twitter. The site frequently loses money and took on $13 billion in debt for the blockbuster deal.

#advertising-and-marketing, #computers-and-the-internet, #corporations, #labor-and-jobs, #layoffs-and-job-reductions, #mergers-acquisitions-and-divestitures, #musk-elon, #social-media, #space-exploration-technologies-corp, #tesla-motors-inc, #twitter

Twitter, Once a Threat to Titans, Now Belongs to One

A decade ago, the social media platform was a tool for rebels and those challenging authority. But over time, the powerful learned how to use it for their own goals.

#computers-and-the-internet, #mergers-acquisitions-and-divestitures, #musk-elon, #social-media, #space-exploration-technologies-corp, #tesla-motors-inc, #trump-donald-j, #twitter

How Elon Musk Became a Geopolitical Chaos Agent

The world’s richest man has inserted himself in some of the world’s most combustible conflicts.

#computers-and-the-internet, #cyberwarfare-and-defense, #high-net-worth-individuals, #international-relations, #musk-elon, #politics-and-government, #russian-invasion-of-ukraine-2022, #social-media, #space-exploration-technologies-corp, #starlink-satellite-constellation-spacex, #tesla-motors-inc, #twitter, #united-states-politics-and-government