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☆ Elon Musk’s secret game plan for Tesla
  + stars: | 2023-07-06 | by ( Adam Rogers | ) www.businessinsider.com   time to read: +9 min
"Tesla is happy to support other EVs via our Supercharger network," Tesla CEO Elon Musk tweeted, replying to President Joe Biden's announcement. And by tapping into a vehicle's battery management system, Tesla may be able to get even more data from its competitors. There were jokes for years that Tesla was actually a carbon-credit company pretending to be a car company. For a while it looked as if it were going to be an insurance company pretending to be a car company. Now, I think it's going to be a data company — which may just be the thing that winds up keeping it afloat.
Persons: who's, Tesla, Elon Musk, Joe Biden's, Mike Ramsey, it's, Samrat Acharya, Ford, Elon, they'll, Big, Adam Rogers Organizations: Ford, GM, Gartner, cybersecurity, Twitter, Big Locations: United States, Teslas, Silicon Valley
☆ Toyota is investing $35 billion into EVs. But some say it may be too late.
  + stars: | 2023-01-17 | by ( Robert Ferris | In | ) www.cnbc.com   time to read: +2 min
The world's largest automaker, Toyota , is battling criticism it is behind rivals on electric vehicles, and is even working to try and block the transition to zero-emission electric fleets. It introduced the Prius, the world's mainstream hybrid vehicle in 1997. But in the meantime, other automakers, spurred by ever stricter government regulation and the success of newcomers like Tesla , began investing in fully electric vehicles. "We still think that in 10 years, 50% of new vehicle sales will be gasoline," said Mike Ramsey, a vice president in Gartner's CIO Research Group. Watch the video to learn more about Toyota's singular approach to electric vehicle manufacturing.
☆ Startup backed by Tesla investor promises $300,000 flying car by 2025: 'This is not more complicated than a Toyota Corolla'
  + stars: | 2022-12-04 | by ( Tom Huddleston Jr. | ) www.cnbc.com   time to read: +4 min
Alef Aeronautics wants to start delivering its $300,000 Model A flying car to customers by 2025. It's the timing: The company says it plans to begin delivering the vehicles to customers by the end of 2025. In a statement in October, Dukhovny referenced "road conditions, weather and infrastructure" as potential reasons to briefly take flight. But for a flying car to actually appear on highways anytime soon, a lot needs to happen, experts say. The FAA even reportedly gave another flying car concept, Samson Sky's Switchblade, the go-ahead for flight testing in July.
☆ Wall Street asks if Musk can manage Twitter, Tesla and more
  + stars: | 2022-10-28 | by ( ) www.reuters.com   time to read: +2 min
Oct 28 (Reuters) - As the dust settles on Elon Musk's $44 billion buyout of Twitter, analysts and investors are debating one crucial question - has the billionaire entrepreneur behind Tesla and SpaceX bitten off more than he can chew? Tesla's stock has lost nearly a third of its market value since Musk made an offer to buy Twitter in April, more than double the decline in the benchmark S&P 500 index (.SPX) in the same period. Nelson is among those who believe that Musk can handle the various roles while delivering on Tesla's targets. "If anyone is capable of pulling off this juggling act in our view, you know it's Elon," he said. Tesla stock reacts to Musk's $44 bln deal to buy TwitterReporting by Nivedita Balu, Akash Sriram and Yuvraj Malik in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.
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