Tesla

(Reuters) - Tesla TSLA.O rival Lucid Motors plans to equip its new Air luxury electric sedan with a semi-automated driver assistance system when the first cars roll off an Arizona assembly line in early 2021, Lucid said on Tuesday.FILE PHOTO: Derek Jenkins, VP of Design at Lucid Motors, introduces the…

(Reuters) - Tesla Inc (TSLA.O) received payroll related benefits from the government in the first half of the year to help reduce the impact of the coronavirus pandemic on its business, the electric carmaker said in a filing on Tuesday. FILE PHOTO: The Tesla logo is seen on a car…

SEOUL (Reuters) - Hyundai Motor Co 005380.KS, an early backer of hydrogen cars, has watched the electric rise of Tesla, including on its home turf. Now's it's going on the offensive in the battery-powered market led by its U.S. rival.FILE PHOTO: The Hyundai Vision T electric concept vehicle is displayed…

Since Rimac secured backing from Porsche, it has been making big moves and making many new hires — arguably none bigger than the new one announced this week, Chris Porritt. Porritt is the former Tesla vice president of vehicle engineering, and prior to Tesla, he was a chief engineer at…

Scanning over the electric vehicle media, certain brand names are more prominent than others. Tesla is obviously mentioned frequently. Nissan — which has been in the EV game for 10 years — has also been in the press this week after launching its 300-mile range ‘Ariya.’ And there’s a lot…

Tesla Gigafactory Texas is Triple the Land Area of Giga Berlin Brian Wang | July 23, 2020 | Gigafactory Berlin is being built on a 300 hectare (740 acre) plot of land. Gigafactory Shanghai is only being built 86 hectares (213 acres). Gigafactory Shanghai is being ramped to over 500,000…

Business Posted Tesla posted a second-quarter profit as cost cuts and strong deliveries helped it offset coronavirus-related factory shutdowns, clearing a hurdle that could lead to the electric carmaker's inclusion in the S&P 500 index. Conway G. Gittens reports. Read More

Tesla Earns $104 Million in GAAP Profit – Start SP500 Inclusion Countdown Brian Wang | July 22, 2020 | Tesla had $104 million in GAAP profit for the second quarter. They generated positive free cash flow of $418M. They have met all qualifying criteria for SP500 inclusion. There needs to…

By Edward Taylor, Norihiko Shirouzu, Joseph WhiteFRANKFURT/BEIJING/DETROIT (Reuters) - Tesla Inc's TSLA.O rapid rise to become the world's most valuable carmaker could mark the start of a new era for the global auto industry, defined by a Silicon Valley approach to software that is overtaking old-school manufacturing know-how.FILE PHOTO: Tesla…

By Edward Taylor, Norihiko Shirouzu, Joseph WhiteFRANKFURT/BEIJING/DETROIT (Reuters) - Tesla Inc's TSLA.O rapid rise to become the world's most valuable carmaker could mark the start of a new era for the global auto industry, defined by a Silicon Valley approach to software that is overtaking old-school manufacturing know-how.FILE PHOTO: Tesla…