Sentences with phrase «electric automaker nextev»

British luxury automaker Aston Martin just signed a deal to develop its first electric Aston with Letv, the Chinese company that finances electric automaker startup Faraday Future.
Shareholders of electric automaker Tesla have approved a plan that could offer CEO Elon Musk a $ 2.6 billion compensation, provided the company can meet its ambitious targets.
Part of this ecosystem eventually funnels down into electric automaker startup Faraday Future, which is financed by Yueting and just broke ground on its American factory last week.
Ford plans to announce the joint - venture January 5th at the Consumer Electronics Show, where the startup autonomous - electric automaker Faraday Future also plans to display its first concept car.
Fledgling electric automaker Faraday Future, largely funded by Chinese billionaire Jia Yueting, has reportedly declared they're setting up shop near Las Vegas, Nevada to the tune of a $ 1 billion facility.
The deal with Faraday Future's factory is projected to spur a $ 55 billion economic impact over the next 20 years once the electric automaker actually manages to provide a real product to market.
A four day emergency legislative session to secure a deal for an in - state factory with electric automaker Faraday Future will end up costing the State of Nevada a quarter of a million dollars on top of the $ 335 million in tax incentives and public funding that resulted from the meeting.
The luring of Faraday Future to Nevada seemed like a logical progression following the $ 1.4 billion dollar deal the state made with electric automaker Tesla Motors.
Fledgling electric automaker Faraday Future, largely funded by Chinese billionaire Jia Yueting, has...
Faraday Future, a hopeful electric automaker that made a big and controversial splash at this year's CES and has since had trouble securing financing for its Nevada manufacturing facility, will break ground on the factory three months after the end of January it initially promised.
Wannabe electric automaker Faraday Future had amassed an impressive amount of hype going into CES, only to drop the ball and disappoint everybody looking for something real.
Industry groups like the Alliance of Automobile Manufacturers see the bill as pandering to Tesla, giving the local all - electric automaker an unfair edge.
For every electric automaker that might not survive the rigors of the modern market (Coda, Fisker), it seems like two more spring up in their place to forge ahead with new designs and innovative technologies.
Tesla CEO Elon Musk fully predicted the «production hell» the company would endure this year, signaling months earlier it would be a make - or - break moment for the electric automaker.
The Model 3 sits underneath the Model S executive car and the Model X SUV as an entry - level model for the electric automaker's range.
It appears Tesla Motors has found a place for its Gigafactory, with the company saying that it has broken ground on a new site near Reno, Nev., which could end speculation on which state will have the honor of the electric automaker's first major battery factory.
With electric automaker Tesla's acquisition of solar installer SolarCity, Musk took a step toward his goal of «productizing a microgrid.»
One of the most advanced if controversial efforts is being pushed by electric automaker Tesla, whose semi-autonomous Autopilot feature has logged some 100 million miles but has also resulted in a death of a Florida Tesla owner, which regulators are investigating.
Shares of Tesla Inc (NASDAQ: TSLA) were trading higher by nearly 4 percent Thursday morning following reports that the electric automaker is set to begin production of the much anticipated Model 3 vehicle.
Bank analysts, whose questions for Tesla Inc. chief executive Elon Musk went unanswered on Wednesday, expressed bewilderment surrounding the electric automaker's unusual earnings call.
Bearish calls included a leading electric automaker and a specialty retailer.
The electric automaker's losses extend last week's near 14 - percent decline as investigations of a fatal California crash and a Moody's credit downgrade weighed on the stock.
The electric automaker reported a fourth - quarter loss of 87 cents per share, but its shares got a boost from delivery guidance.
(Reuters)- Tesla Inc (TSLA.O) shares slumped 5 percent on Monday as investors awaited production numbers for the closely watched Model 3, a cheaper vehicle that analysts see as crucial to the luxury electric automaker's long - term profitability.
Tesla coaxed Model 3 production to 2,270 cars per week in April, the electric automaker confirmed today, after CEO Elon Musk took drastic steps to boost manufacturing.
Tiffany Beers, longtime Senior Innovator at Nike and major force behind last year's Nike Mag self - lacing sneakers, has left Nike to join electric automaker Tesla.
The tech - centric luxury electric automaker will release its fourth - quarter and full - year earnings report after the markets close.
The electric automaker will ramp up production to 1,500 sedans a month in September and 20,000 cars in December.
Tesla Motors (TSLA), the tech - centric luxury electric automaker, will release its fourth - quarter and full - year earnings report after markets close today.
The numbers don't lie: Tesla has never made any money, but investors haven't cared, seeing the all - electric automaker as a play for growth and as a dominant force in the future of cars.
Last year, Chanos voiced questions about the profitability of Tesla's business, and called the deal between the electric automaker and solar solutions firm SolarCity a «shameful example of corporate governance at its worst.»
Tesla CEO Elon Musk has spent the last three months as booster and defender, prognosticator and instigator of the electric automaker that he has described as a drama magnet.
April 2 - Tesla Inc shares slumped 5 percent on Monday as investors awaited production numbers for the closely watched Model 3, a cheaper vehicle that analysts see as crucial to the luxury electric automaker's long - term profitability.
Not only was electric automaker Tesla — the brainchild of iconic entrepreneur Elon Musk — on the list for the first time, but more traditional car manufacturers Ford and BMW ranked in the top 10.
Warren Buffett's Berkshire Hathaway (BRK.A) owns a 10 % stake in electric automaker BYD, which is down by around 28 % on Friday.
Nikola Motor Co, which makes hydrogen - powered semi trucks, filed a lawsuit on Tuesday against electric automaker Tesla Inc alleging design patent infringements.

Not exact matches

Because all of Tesla's cars are equipped with the software and hardware necessary to collect data that can be used to improve its ML system, the electric - car company could have a huge edge against other automakers and tech companies working on autonomous vehicles.
Traditional European automakers are prioritizing the development of electric cars as they seek to gain market share from U.S. upstart Tesla.
Tesla's Model 3 production problems were first revealed in early October when the automaker reported it had produced just 260 of its new Model 3 electric cars in the third quarter and delivered only 220.
Tesla — Tesla was sued by Utah - based Nikola Motor for patent infringement involving the automaker's Tesla Semi, its electric heavy duty truck.
Tesla's production problems were revealed in early October when the automaker reported it had produced just 260 of its new Model 3 electric cars in the third quarter, of which it delivered 220.
And with traditional automakers slow to cannibalize their combustion engine vehicles, he thinks it's going to be hard for them catch up to on electric, despite the production problems plaguing Tesla's new Model 3 sedan, its first vehicle aimed at the mass car - buying market.
Incidentally, earlier this year, what was once known as a fledgling new electric car company that probably wouldn't make it overtook GM to become America's most valuable automaker.
The automaker said will introduce an electric version of its Kona small sport utility vehicle (SUV) with a driving range of 390 km in the first half of next year.
The recap: the tech - centric automaker is expanding beyond electric vehicles and launching a line of battery products that will allow homeowners, businesses and utilities to store energy, manage backup power — and ultimately, enable zero - emission power generation.
The automaker has claimed that its new diesel engines will hit the European Union's beefed - up emissions targets by improving filters and building in electric generators to start cars.
Elon Musk's electric - car maker has outmaneuvered the competition at every turn, revving up a massive market capitalization (nearly $ 60 billion) despite having built relatively few cars and annual sales that are a fraction of the revenues of old - line automakers GM and Ford.
Tesla builds millions of all - electric cars that finally start the process of displacing the internal - combustion engine from its century of dominance (a big part of this is the validation of a mass electric - car market, to induce major automakers to commit to the change).
His energy policy will likely favor the fossil - fuel industry, and his EPA will probably back off on the higher fuel - economy standards that are mandated for automakers — and that have spurred electric - car development.
According to Citi analyst Itay Michaeli, Magna's ability to assemble complete vehicles might attract interest from major automakers looking to outsource their electric - car manufacturing.
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