tesla
Under the agreement, VW said it will initially invest €0.94 billion in the electric truck and SUV maker, with another €3.74bn to be put into the company by 2026. Founded in 2009, Rivian has not yet posted a quarterly profit. In the first three months of 2024 the company saw a net loss of more than $1.4bn (€1.31bn). It comes as the electric car sector faces challenges from weakening demand and a trade war which has seen the European Union say it will impose tariffs on Chinese vehicles which have been rapidly expanding globally. A months-long investigation by the European Commission found that C...
Euronews (English)
Volkswagen holt sich bei Elektroautos Hilfe vom Tesla-Herausforderer Rivian - und nimmt dafür Milliarden in die Hand. Europas größter Autobauer will bis zu fünf Milliarden Dollar ausgeben und gemeinsam Technik für künftige Fahrzeuge entwickeln. Für Rivian ist es eine höchst willkommene Geldspritze: Die Firma schreibt nach wie vor rote Zahlen und hat aktuell mit einem sinkenden Interesse an Elektroautos in den USA zu kämpfen. Die zuletzt schwächelnde Rivian-Aktie sprang im nachbörslichen Handel auf der Plattform Tradegate am Mittwochvormittag um fast 60 Prozent hoch. Für die VW-Papiere ging es ...
DPA (German)
Tesla has recalled its new Cybertruck in the US to fix technical glitches related to front windshield wiper motor controller. The company also issued a separate recall to fix a trim piece on the vehicle, which was unveiled on November 30, 2023. This is the fourth recall for the Cybertruck. The two latest recalls each affect around 11,000 trucks. Tesla will notify the owners, and repair will be done free of cost. The company filed the recall in documents with The National Highway Traffic Safety Administration.
DPA International
Tesla has recalled its new Cybertruck in the US to fix technical glitches related to front windshield wiper motor controller. The company also issued a separate recall to fix a trim piece on the vehicle, which was unveiled on November 30, 2023. This is the fourth recall for the Cybertruck. The two latest recalls each affect around 11,000 trucks. Tesla will notify the owners, and repair will be done free of cost. The company filed the recall in documents with The National Highway Traffic Safety Administration.
DPA
Tesla has recalled its new Cybertruck in the US to fix technical glitches related to front windshield wiper motor controller. The company also issued a separate recall to fix a trim piece on the vehicle, which was unveiled on November 30, 2023. This is the fourth recall for the Cybertruck. The two latest recalls each affect around 11,000 trucks. Tesla will notify the owners, and repair will be done free of cost. The company filed the recall in documents with The National Highway Traffic Safety Administration.
DPA Breaking News
Tesla Inc. (NASDAQ: TSLA) is once again in the spotlight, with Wedbush Securities forecasting a return to a $1 trillion market cap. Analyst Dan Ives believes that Tesla’s recent progress in achieving its autonomous driving and Full Self-Driving (FSD) vision could propel the company to new heights. With Tesla’s compensation package for CEO Elon Musk finalized, attention now turns to Musk’s incentivized ownership stake, expected to drive further innovation in AI and robotics—a pivotal area for Tesla’s future growth. Wedbush maintains an Outperform rating on Tesla with a price target of $350, und...
Invezz
Investment banking giant Goldman Sachs has recently raised the S&P 500 index's end-of -year target to 5,600 points. This is mainly due to robust earnings advancements seen by some of the biggest tech companies on the US stock market, as well as increased price-to-earnings ratios. The S&P 500 closed at 5,431.60 points on Friday evening. The biggest tech companies driving this growth are Nvidia, Microsoft, Amazon, Google and Meta Platforms, which now make up approximately 25% of the S&P 500's value. Along with Tesla and Apple, these groups make up the Magnificent Seven tech stocks. In a note sen...
Euronews (English)
Tesla shareholders have filed alawsuit against CEO Elon Musk and the company’s board for allegedly shifting resources and talent away from the electric carmaker and using it instead for Musk’s artificial intelligence (AI) company xAI. Several shareholders claimed Musk had for years tried to position Tesla as a robotics and AI company rather than an automaker. The plaintiffs said, in the lawsuit filed in the US state of Delaware, that Musk was “diverting scarce talent and resources from Tesla to xAI, and raised billions of dollars for xAI while touting xAI’s access to Tesla’s AI-related data”. ...
Euronews (English)
Los accionistas de Tesla votaron a favor de restablecer el paquete salarial de 52.000 millones de euros del consejero delegado, Elon Musk, que fue anulado por un juez de Delaware en enero. Ahora, el valor del plan del paquete ha bajado a 45.000 millones de euros debido a la caída del 26% de las acciones de Tesla este año, a pesar de la subida del 2,9% registrada el jueves. Los inversores de Tesla también han votado a favor de trasladar la constitución de la empresa de Delaware a Texas. Ambas resoluciones fueron "aprobadas por márgenes laterales", según publicó Elon Musk en su plataforma privad...
Euronews (Spanish)
Shareholders of Tesla voted to reinstate CEO Elon Musk’s $55.8 billion(€52 billion) pay package which was nullified by a judge in Delaware in January. Now the value of the package plan dropped to $48.4 billion (€45 billion) due to a 26% decline in Tesla’s shares this year, despite a 2.9% increase on Thursday. Tesla’s investors have also voted in favour of moving the company’s incorporation to Texas from Delaware. Both resolutions were “passing by side margins” as posted by Elon Musk on his privately owned social media platform X, formerly known as Twitter. The mammoth compensation plan, initia...
Euronews (English)
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