Browsing: Carmakers
Elon Musk says Rivian needs to ‘cut costs massively’ and its execs should ‘live in the factory’ or the Tesla rival will die
Elon Musk is not surprised by the bad news hitting Tesla rival Rivian. He’s been warning about it for some…
Stellantis CEO says Chinese EVs are ‘possibly the biggest risk’ facing his carmaker and Elon Musk’s Tesla
One major problem for automakers as they transition to electric vehicles is that traditional cars still generally cost less. That…
Elon Musk said it was ‘time to move on’ from hybrids years ago—but a windfall from them will help Japanese carmakers challenge Tesla in EVs
Timing matters. When it comes to timing the transition to electric vehicles, several Japanese automakers may be getting it just…
Ford CEO, who’s been worrying about China’s EV dominance for years, says ‘the world has changed’ and he’d work with rivals on a cheaper battery
Ford CEO Jim Farley is worried about competition from China’s electric vehicle makers. Chief among the threats is BYD—backed by…
The world’s top carmaker got mocked for rejecting EV hype—not anymore. ‘I want to congratulate Toyota’
Toyota was skeptical of electric vehicles back when that wasn’t fashionable. In October 2022, for instance, then-CEO Akio Toyoda said…
Toyota is crushing it with hybrid vehicles as Tesla’s rough start to year hits net worth of Elon Musk, who dismissed them as a ‘phase’
Elon Musk’s Tesla is off to a difficult start in 2024, and it’s probably no surprise to Akio Toyoda. The…
A top Chinese carmaker is launching satellites into low-Earth orbit for real-time communication anywhere—giving Elon Musk’s SpaceX some company
A Chinese rocket launched a group of communications satellites produced by one of the country’s largest carmakers, boosting the nation’s…
Germany set for 14% drop in electric-vehicle sales as carmakers scale back ambitions and demand ‘does not look good’
Standing at the front of the room at an auto industry association’s new year reception in Berlin this week, BMW CEO Oliver Zipse had…
Warren Buffett said Ferrari was ‘in a special place’ 8 months ago. Now it’s nearing a $100B market value
Warren Buffett isn’t big on automakers. As the Berkshire Hathaway CEO said at the conglomerate’s shareholder meeting last May: “The…
Apple veteran instrumental to iPhone development leaves for electric-vehicle maker Rivian: ‘Now is the time for me to move on’
An Apple Inc. veteran who led work on home devices and helped start efforts to develop an electric vehicle is leaving for Rivian…












