Author name: Ankit Singh

Tesla

ARK Invest Makes Strategic Move, Reenters Tesla (TSLA) Shares After Eight-Month Hiatus

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Wednesday night, ARK Invest, led by the renowned investor Cathie Wood, executed a noteworthy shift in its ETF portfolio strategy by reintegrating Tesla shares (NASDAQ: TSLA). This move signifies a significant departure from the investment firm’s previous strategy, marking the first time ARK has engaged with the electric vehicle giant since April. Tesla Shares and …

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Stellantis

Stellantis Drives Employee Empowerment with Innovative “Shares to Win” Program

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In a significant stride toward fostering a sense of ownership and corporate engagement, Stellantis has introduced its pioneering employee share purchase plan, the “Shares to Win” program. This initiative aims to make employees stakeholders in the esteemed automaker, featuring preferential terms to enhance participation and instill a collective sense of pride. Stellantis The Shares to …

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EV

Half of Ford Dealerships Decline Commitment to EV Program, Opting for ICE and Hybrids Instead

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In an unexpected hurdle for Ford‘s foray into the electric vehicle (EV) era, a substantial segment of its US dealership network is displaying reluctance towards the automaker’s ambitious push into the electric market. Recent reports reveal that nearly half of Ford’s dealerships in the United States are opting out of the company’s aggressive EV program …

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Turquoise

Mercedes Granted Approval for Turquoise Signals in Autonomous Driving Mode

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Mercedes-Benz has achieved regulatory milestones in two key states, California and Nevada, allowing the integration of distinctive turquoise lights to signal the activation of its cutting-edge automated driving mode. This pioneering announcement comes as Mercedes becomes the first automotive giant to secure exemptions for such innovations in the United States. Markus Schäfer, Mercedes-Benz board member …

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Volkswagen

Volkswagen Implements Strategic Workforce Reduction to Enhance Performance and Cut Costs

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In a strategic move to enhance its global performance and navigate economic challenges, Volkswagen (VW) has initiated a comprehensive workforce reduction program, set to take effect from January 2024. The decision, born out of discussions between management and employee representatives, aims to streamline operations and enhance efficiency while curbing labor costs. Volkswagen Workforce Reduction The …

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Oklahoma

Panasonic Excludes Oklahoma from Consideration for New Battery Plant Site

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In a surprising development, Japanese battery giant Panasonic has officially announced that it is no longer considering Oklahoma as a potential site for its new battery plant. This decision follows an agreement earlier this year with the State of Oklahoma, securing access to a substantial $700 million in capital investment. Panasonic’s Decision and Considerations In …

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Wireless

Tesla Reveals Advancements in Inductive Wireless Charging for Electric Vehicles

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In an exclusive tête-à-tête with Jay Leno, Tesla confirmed the development of a game-changing wireless inductive electric vehicle (EV) charging platform. This revelation signifies a significant leap towards convenience and innovation in the realm of electric mobility. Tesla’s Wireless Charging Roadmap Earlier this year, subtle hints about Tesla’s foray into wireless charging began circulating, gaining …

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Tesla

Tesla Responds Strategically to Termination of EV Subsidies in Germany with Compensation Plan

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In a surprising move, Tesla has announced a robust compensation plan in response to the abrupt termination of electric vehicle (EV) subsidies in Germany. This strategic initiative aims to offset the void left by the government’s decision, showcasing Tesla’s commitment to its customers. Price Adjustments and Savings for Model 3 and Model Y Buyers Tesla’s …

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Elon Musk

Elon Musk Teases Insights into the Production of Tesla Cybertruck’s “Boat Mode”

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In the dynamic realm of Tesla, where visionary CEO Elon Musk often sparks curiosity with his audacious claims, the Cybertruck has emerged as a symbol of innovation. Musk’s aspirational promises, while initially met with skepticism, have a tendency to materialize into groundbreaking features for the electric vehicle maker. Cybertruck’s Aquatic Ambitions Anyone following Tesla knows …

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Tesla

Tesla’s Commitment- The Effortless Process of Removing Cybertruck Side Mirrors

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In the realm of electric vehicles, the Tesla Cybertruck has captured attention not just for its revolutionary design but also for a distinctive feature that enthusiasts find visually appealing—the absence of side mirrors. Although the Cybertruck is delivered to consumers with standard side mirrors, CEO Elon Musk has emphasized that their removal is intentionally straightforward, …

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