Toyota’s battle to catch up with Tesla in a new era of electric vehicles is playing out in one of the oldest parts of the carmaking business: the assembly line. The Japanese carmaker has been claiming technology breakthroughs in solid-state batteries and last week placed an $8bn bet on the US electric vehicle market as it tries to persuade investors of its ability to compete with Tesla...
Continue ReadingTime to act, carefully as the market rally revs up. Warren Buffett's Berkshire reported strong earnings and a record cash pile. Nvidia leads stocks near buy points...
Continue ReadingTesla's management in Germany late last week informed 11,000 workers they will receive a 4% wage raise effective in November, The Wall Street Journal reported on Sunday, where unions have previously said they earn below the industry average. In October, Tesla said it will inform its staff this month of the level of the pay rise, adding it raised wages by 6% last year. German union IG Metall has previously said that Tesla wages were around 20% below those offered under the collective bargaining agreement...
Continue ReadingGerman union IG Metall has previously said that Tesla wages were around 20% below those offered under the collective bargaining agreement. During a visit to the country, CEO Elon Musk also promised that the company will produce its new next-generation electric car at the German factory after a planned expansion next year, WSJ reported. Tesla and IG Metall did not immediately respond to a Reuters' request for comment...
Continue ReadingBERLIN— Tesla is boosting factory worker pay in Germany amid an aggressive unionization drive, a move that comes as Chief Executive Elon Musk may face similar organizing attempts in the U.S. Tesla’s management in Germany late last week unveiled a package of wage increases for workers during Musk’s visit to the so-called Gigafactory on the outskirts of Berlin, according to people familiar with the matter. Musk also promised the assembly plant would build its next-generation vehicle...
Continue ReadingResearch Frontiers Incorporated (NASDAQ:REFR) Q3 2023 Earnings Call Transcript November 3, 2023 Operator: Good afternoon, ladies and gentlemen. Welcome to the Research Frontiers Investor Conference Call to discuss the Third Quarter of 2023 Results of Operations and recent developments. [Operator Instructions] This conference is being recorded today. A replay of this conference call will be […]...
Continue ReadingTime to act, carefully as the market rally revs up. Warren Buffett's Berkshire reported strong earnings and a record cash pile. Nvidia leads stocks near buy points...
Continue ReadingIn this week's video, I cover need-to-know news items related to Tesla (NASDAQ:TSLA) during the week of Oct. 30. Today's video will focus on Tesla's sales numbers in California, China, and Europe; Elon Musk's big announcement in Germany; and a look at Tesla stock from a technical analysis standpoint...
Continue ReadingInvesting.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Tesla wins autopilot court battle; BP Pulse makes $100M deal; and China EVs report October delivery numbers...
Continue ReadingTesla Dojo is collecting loads of meaningful data and helping fuel the company's autonomous driving technology...
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