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MarketWatch (November 27)

2018/ 11/ 29 by jd in Global News

The plan to close plants and slash workforce “is good for GM—and it could shake up things at Tesla and Ford too.” Despite coming under political fire, GM’s “newly announced cost-cutting plan has drawn praise on Wall Street, with analysts applauding the car maker for sharpening its focus on higher-growth areas such as driverless and electric vehicles and forestalling a slowdown in its business.”

 

 

Wired (October 2)

2018/ 10/ 04 by jd in Global News

“The SEC’s ‘punishment’ of Elon Musk is exactly what Tesla needed.” Though these results were probably unintentional, the settlement will “shore up Tesla’s leadership structure, save Musk from himself, and put both the company and its leader on firmer footing.”

 

The Economist (April 7)

2018/ 04/ 09 by jd in Global News

“America’s leading manufacturer of electric vehicles is under pressure. Mr Musk is fighting battles on many fronts and they all exacerbate his main threat: a financial squeeze that could eventually push Tesla over the edge…. Rising interest rates, a wobbly share price and a continued inability to meet its own production goals would all conspire to make it harder for the firm to find capital. It does not help that General Motors, Volkswagen and other big rivals are making massive investments in EVs.”

 

Fortune (August 12)

2017/ 08/ 13 by jd in Global News

“As many in the United States and abroad are watching as tensions grow with North Korea, Tesla founder and CEO Elon Musk issued a warning about artificial intelligence,” urging followers to keep their priorities straight. Musk pointed out that AI was riskier than North Korea and “also warned that artificial intelligence should be regulated the same way anything that could pose a danger to the public is.”

 

The Economist (September 3)

2016/ 09/ 06 by jd in Global News

“An epic struggle looms. It will transform daily life as profoundly as cars did in the 20th century: reinventing transport and reshaping cities, while also dramatically reducing road deaths and pollution.” Across several industries companies have grasped “the transformative potential of electric, self-driving cars, summoned on demand.” With Uber poised to lead this race, “technology firms including Apple, Google and Tesla are investing heavily in autonomous vehicles; from Ford to Volvo, incumbent carmakers are racing to catch up.”

 

The Economist (June 27)

2015/ 06/ 28 by jd in Global News

“Electric buses in parts of South Korea, Italy, Britain and California are, today, recharging themselves from underground wireless chargers.” Wireless charging isn’t new. Nicholas Tesla used resonant induction in the 19th century, but it may finally prove revolutionary. From mobile phones to cars and kitchen appliances, “sales of such machines, now half a billion dollars a year, will grow 30-fold over the next decade.” Furthermore, the technology may succeed in “decarbonising the world’s road vehicles.”

 

Institutional Investor (May Issue)

2014/ 05/ 25 by jd in Global News

“New innovative business models by upstarts Tesla and Uber are poised to disrupt multiple industries at once.” Both companies have been driving around barriers thrown up by conventional businesses that feel threatened. “The real winners to watch — the companies that will shape the landscape of American business and tech — are those that seek to fill customers’ every need, that work themselves into new markets however possible.”

 

NBC News (November 13)

2012/ 11/ 15 by jd in Global News

“For the first time, a zippy electric car—the Tesla Model S—has won Motor Trend’s Car of the Year award.” Over 64-years, Motor Trend had previously made the award exclusively to cars powered by internal combustion engines.

 

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