- How did Elon Musk come up with the $420 buyout figure? – Automotive News: As some Tesla watchers suspected, CEO Elon Musk had a hidden meaning behind the $420-per-share figure he announced last week for taking Tesla private. http:
- For Tesla, ‘going dark’ might not be as easy as just turning off the lights – CNBC: Going private, which typically happens by way of a merger or a buyout of investors, involves board meetings, shareholder consent and a variety of other corporate governance matters.
- RPT-First crack at Musk could give top Tesla funds an edge – Reuters: Information about Elon Musk’s efforts to take Tesla Inc private is scarce. But some small investors wonder if top funds have an edge.
- How Ford”s high-risk, high-return strategy could work – Freep: Ford aims to leap ahead in its manufacturing flexibility. If it works, the company will have a big advantage.
- Get in Line: Backlog for Big Rigs Stretches to 2019 – WSJ: With freight demand red-hot, truck manufacturers expect to break records for orders this year, and deliveries will reach deep into next year.
- Toyota Avensis taken off sale ahead of Camry reintroduction – Autocar: Sales of Avensis, which has long been predicted for the chop, to end after 21 years The Toyota Avensis is no longer available for order. Production, which takes place in Toyota”s Burnaston plant in Derbyshire, will cease in the coming weeks as the…
- BMW 8 Series Gran Coupe: flagship M850i hits the ‘Ring in new video – Autocar: BMW’s upcoming range flagship coupe will also be sold in four-door guise, and thinly disguised prototypes are already at the Nürburgring BMW’s is bringing back the 8 Series name for a soon-to-be launched flagship coupe, and now the four-door Gran…
- A choked up Elon Musk says his health has suffered and that he believes ‘the worst is yet to come’ – CNBC: Elon Musk, choking up, spoke about how his health has suffered and that, from a personal standpoint, he believes “the worst is yet to come.”
- Sweden’s Granges halts plans for U.S. aluminium joint venture – Reuters: Sweden’s Granges put on ice on Friday plans to form an aluminium manufacturing joint venture in the United States with Japan’s Mitsubishi Aluminum Co, saying that the project was less attractive in “current circumstances”.
- Tearful Elon Musk tells NYT nobody reviewed Tesla funding tweet; SpaceX may help bankroll going-private transaction – Automotive News: Elon Musk said nobody reviewed his tweet about the plan to take Tesla private before he posted it, the New York Times reported, citing an interview in which Musk frequently teared up. http:
- Elon Musk Admits No One Reviewed His Bombshell Tweet About Taking Tesla Private – Fortune: Elon Musk said no one saw or reviewed his tweet about the plan to take the electric-car maker private before he posted it, the New York Times …
- Musk’s SpaceX could help fund take-private deal for Tesla – NYT – Reuters: Elon Musk’s rocket company, SpaceX, could help fund a bid to take electric car company Tesla Inc private, the New York Times reported on Thursday, quoting people familiar with the matter. Musk startled Wall Street last week when he said in a tweet he…
- Toyota to increase production capacity in China by 20 percent: source – Reuters: Japan’s Toyota Motor Corp will build additional capacity at its auto plant in China’s Guangzhou, a company source said, in addition to beefing up production at a factory in Tianjin city by 120,000 vehicles a year.
- Tesla reportedly searching for a No. 2 executive for Elon Musk – CNBC: The New York Times reported that Tesla executives have intensified the search following Musk’s tweets about taking the company private.
- Musk Tells NYT Bombshell Tesla Tweet Not Reviewed by Anyone – Bloomberg: In the interview, Musk revealed the physical and emotional toll of the past year as he sacrificed family milestones in the race to meet Tesla production targets. He told the newspaper that friends are concerned about his well-being and, the New York…
- Tesla’s Musk says no plans to relinquish chairman, CEO roles: NYT – Reuters: Elon Musk has no plans to relinquish his dual role as chairman and chief executive officer of Tesla Inc , he said in an interview with the New York Times on Thursday.
- Volkswagen Touareg – Autocar: The new version of the big 4×4 is now Volkswagen”s flagship model. Is the Touareg up to the task, and can it challenge its luxury rivals? You might have noticed that the Volkswagen Phaeton – one-time vessel of a mighty 6.0-litre W12 engine shared with…
- Insight: What’s up with the UK car market? – Autocar: Jaguar Land Rover”s sales are being hit by the diesel desertion We delve into the stories that are causing eyebrow-raising car stats for the UK in 2018 One statistic jumped out of the UK automotive manufacturing figures for June. The number of cars…
- Elon Musk says past year has been excruciating and ‘worst is yet to come’ – Guardian: In an emotional interview with the New York Times the founder of electric car maker Tesla, also revealed that the pressures of work had caused him to spend his birthday stuck in the Tesla factory and almost miss his brother’s wedding. “This past year…
- Elon Musk: rebel without a clue – FT: Elon Musk is more Kevin than James in the entitled truculence that inspired him to tweet he had “funding secured” for a mooted buyout. Financiers …
- Elon Musk Confronts a Fateful Tweet and an ‘Excruciating’ Year – New York Times: Tesla’s shares soared. Investors, analysts and journalists puzzled over the tweet – published in the middle of the day’s official market trading, an unusual time to release major news – including the price Mr. Musk cited. He said in the interview…
- Uber’s new Brazil center aims to improve safety of cash transactions – Reuters: Ride-hailing company Uber Technologies Inc plans to open a 250 million-reais ($64-million) center in Brazil that will research technology to make it safer for its drivers to accept cash, a key payment method in its rapid expansion in Latin America, the…
- PlayStation creator backs start-up that uses ‘theoretical neuroscience’ for self-driving cars – CNBC: Japanese start-up Ascent Robotics is on a quest to create software for self-driving cars and aims to complete a fully functional artificial intelligence vehicle system by late 2020.
- It’s the All-New Honda Brio – Yahoo: In April 2018, Honda revealed what the next-generation Honda Brio will look like with the Small RS Concept at the 2018 Indonesia International Motor …
- SEC turns up the heat on Tesla, Musk over disclosures – Automotive News: U.S. regulators are pressing Tesla’s directors for details on how much information CEO Elon Musk shared with them before he tweeted about a plan to take the company private, a newspaper reported. http:
- Did Elon Musk order the company to spy on employees at the Gigafactory? – Automotive News: An employee fired from Tesla’s Nevada battery factory filed a whistleblower complaint with the U.S. Securities and Exchange Commission, accusing the company of spying on employees. http:
- Whistleblower accuses Tesla of spying on employees at Gigafactory: attorney – Reuters: An employee fired from Tesla Inc’s Nevada battery factory filed a whistleblower complaint with the U.S. Securities and Exchange Commission, accusing the company of spying on employees and failing to act after learning that a Mexican cartel may be…
