The Economist (April 7)
“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.”
Tags: Capital, EVs, GM, Interest rates, Manufacturer, Musk, Production goals, Share price, Tesla, U.S., Volkswagen
New York Times (March 30)
“There’s nothing pretty about the details of Foxconn’s deal to take control of Sharp. And fixing Sharp, the loss-making Japanese electronics manufacturer, will be a tough slog for Foxconn.” But this transaction may just make history. It presents Exhibit A that Japan is capable of the sort of corporate reform critical to overhauling its economy.”
Tags: Corporate reform, Economy, Electronics, Foxconn, History, Japan, Loss-making, Manufacturer, Sharp
