Tesla has chosen Robyn Denholm to succeed Elon Musk as board chair, selecting an independent director to contend with the car maker’s mercurial CEO following his run-ins with regulators and investors.
Browsing: Motoring
An estimated $6-trillion is theoretically needed to build the infrastructure that electric cars need such as charging stations and power networks. That’s about 7.5% of the world’s GDP.
Tesla CEO Elon Musk has said the $20-million penalty he was given for announcing on Twitter that he had funding to take the electric vehicle maker private was “worth it”.
Oracle founder Larry Ellison is a big believer in Tesla and defender of his friend Elon Musk.
Profit secured! Tesla blew away expectations with just the third quarter of positive earnings in its history, bolstering Elon Musk’s bid to make selling electric cars a financially sustainable business.
Elon Musk moved a step forward in his vision for the future of public transportation, announcing that his Boring Co’s hyperloop test tunnel will open in less than two months.
Uber Technologies has been told by banks that it could be a $120-billion company when it goes public. Investors will be the ones who decide, though.
Market-leading ride-hailing app Uber has introduced new safety features for customers and drivers in South Africa. Safety Toolkit is aimed at reducing the risk of using the app.
Beneath the bonnets of millions of the clean electric cars rolling onto the world’s roads in the next few years will be a dirty battery.
Given recent market turmoil, it would easy to overlook the upcoming IPO of Niu Technologies, a Chinese manufacturer of electric mopeds.