Tesla

By Joey Klender Posted on November 4, 2021 A rare Volkswagen mediation committee, consisting of several high-ranking officials will convene soon to discuss the future of VW AG CEO Herbert Diess, whose future at the company is in jeopardy after conflicts with labor representatives have reignited. Tensions between Volkswagen management and labor unions have flared
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By Joey Klender Posted on November 1, 2021 Tesla stock (NASDAQ: TSLA) has surged over 50% in a single month for the first time since October 2020. It marks the first time in one year that the electric automaker has experienced a drastic spike in its stock price and valuation, and two massive events triggered
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By Joey Klender Posted on October 29, 2021 E-commerce powerhouse Amazon has disclosed a 20% ownership stake in Rivian, an electric vehicle company from Normal, Illinois, a filing with the SEC reveals. Amazon filed a 10-Q document with the SEC earlier today that summarized the company’s position and financials at the end of Q3 2021.
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By Joey Klender Posted on October 28, 2021 The National Transportation Safety Board’s (NTSB) Chairwoman Jennifer Homendy says that recent attacks against Missy Cummings, a recently appointed Senior Advisor for the National Highway Traffic Safety Administration (NHTSA), were used by Tesla fans to distract people from “the real safety issues at hand,” hinting toward her
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By Joey Klender Posted on October 27, 2021 General Motors CEO Mary Barra says the Detroit automaker is “absolutely” capable of catching Tesla’s EV market share in the United States by 2025. The GM CEO said the company’s expanding lineup of electric vehicles would help it accelerate its sales and ultimately catch Tesla’s dominating sales
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By Simon Alvarez Posted on October 26, 2021 In a recent appearance at CNBC’s Squawk Box, NTSB Chairwoman Jennifer Homendy doubled down on her criticism of Tesla’s driver-assist systems. The head of the US National Transportation Safety Board’s recent comments came just a day after Homendy sent a letter to Tesla CEO Elon Musk about why
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