- Tesla’s board scrambles to control a chief executive who some directors think is out of control – CNBC: Some members of the board have grown alarmed by what they see as Mr. Musk”s erratic behavior, the New York Times reports.
- Fiat Chrysler-UAW scandal ‘did not begin with Iacobelli,’ his lawyers argue – Freep:
- DealBook Briefing: Tesla’s Board Tries to Calm Its Chaos – New York Times: Good Wednesday. Want this in your inbox every morning? Sign up here. Tesla’s board taps the brakes. The company’s directors are trying to rein in their unpredictable C.E.O. They were clearly blindsided by Elon Musk’s tweeting about his plans to take …
- Saudi Arabia Goes High-Tech in Approach to Investing – WSJ: Crown Prince Mohammed and his sovereign-wealth fund, in talks to take a stake in Tesla, have become a pivotal global investor. But some Saudis worry impulsive bets on future technologies could jeopardizing the wealth of future generations.
- Sales of used diesels rise despite overall decline in second-hand car market – Autocar: A 3.2% increase in diesel sales suggests shrewd used car buyers are taking advantage of recent uncertainty over the future of oilburners Diesel sales on the used car market increased by 3.2% in the second quarter of 2018 compared with the same period…
- 2019 Mercedes GLB: rugged new BMW X1 rival hits the Nürburgring – Autocar: Mercedes-Benz’s new compact SUV is described as a road-biased G-Class sibling, and will sit above the GLA in the range when it arrives next year Mercedes-Benz is well under way testing its new GLB small SUV, and new spyshots show the BMW X1 rival…
- Analysis: Saudi fund may only play minor part in Elon Musk’s $72 billion Tesla plan – bankers – Reuters: Elon Musk told investors this week that “obviously, the Saudi sovereign fund has more than enough capital needed” to finance taking Tesla private.
- Investors Should Brace for a Drawn-Out Tussle Between Elon Musk and the SEC – Bloomberg: As the bizarre Tesla Inc. go-private saga enters its ninth day, many investors are wondering when regulators will decide whether Elon Musk broke the …
- Bentley Flying Spur plug-in hybrid seen testing ahead of 2019 release – Autocar: Bentley’s flagship saloon will soon be offered as a PHEV; it’s set to use the electrified 2.9-litre V6 powertrain from the Porsche Panamera 4 E-Hybrid Bentley’s flagship Flying Spur saloon will gain a V6-powered plug-in hybrid variant at the start of…
- Alfa Romeo Mito to be axed in early 2019 – Autocar: Alfa Mito will be withdrawn and not replaced With demand for three-door cars waning, Alfa Romeo will instead focus on a new era of SUVs and sports cars The Alfa Romeo Mito will be canned early next year as the brand makes way for a new era of SUVs and…
- China’s NIO heads opposite way to ‘rival’ Tesla with New York listing – Nikkei:
- Study: States should require licensed drivers for robot cars – Detroitnews: A group that represents state highway safety offices is warning that states like Michigan should consider requiring licenses for self-driving cars.
- Tesla: getting to Q3 profitability – FT: This article was largely researched and written before the chaos of the past week. But we thought it was worth posting while events unfold in the Tesla …
- Online’s most popular cruiser: ’69 Dodge Charger – Detroitnews: Everyone has their favorite Dream Cruiser. ClassicCar.com says the ’69 Dodge Charger is Michigan’s most-searched classic and muscle car.
- Why Elon Musk Could Be Tesla’s Biggest Problem – Bloomberg: Opinion columnist, has more on Tesla’s path …
- Tesla board forms committee to evaluate going private – Detroitnews: CEO Elon Musk has been drip-feeding details in tweets and blog posts that have preempted Tesla”s board
- Tesla Directors Do Damage Control After Elon Musk Tweets – New York Times: Members of Tesla’s board are scrambling to control a chief executive who some directors think is out of control. Elon Musk, the electric-car maker’s co-founder and chief executive, stirred up a public storm by announcing on Twitter last week that he…