SCI

Tesla cuts Dec Model Y output at Shanghai plant by more than 20% versus Nov – sources

SHANGHAI, Dec 5 (Reuters) – Tesla (TSLA.O) plans to cut December production of the Model Y at its Shanghai plant by more than 20% from the previous month, two people with knowledge of the electric vehicle (EV) giant’s production plan said Monday. Tesla did not immediately respond to a request for comment on the planned …

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Musk delivers first Tesla truck, but no update on output, pricing

Tesla ships first Semi to PepsiCo five years after unveiling it No details on electric truck controls or capacity Semi uses existing Tesla motors to come up with a new Supercharger Dec. 1 (Reuters) – Tesla Inc. (TSLA.O) CEO Elon Musk delivered the company’s first Semi-Durable to PepsiCo on Thursday (PEP.O) without offering up-to-date forecasts …

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Exclusive: Behind FTX’s fall, battling billionaires and a failed bid to save crypto

November 10 (Reuters) – (This story contains language that some readers may find offensive in paragraph 2) On Tuesday morning, Sam Bankman-Fried, owner of cryptocurrency exchange FTX, caught his employees off guard with a grim message. “I’m sorry,” he told them. “I screwed up.” The reason for the mea culpa: its announcement half an hour …

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Hyundai breaks ground on $5.5 bln U.S. EV, battery plant

ELLABELL, Ga., Oct 25 (Reuters) – Hyundai Motor Co (005380.KS) inaugurated a $5.54 billion electric vehicle (EV) and battery factory in the United States on Tuesday, as South Korea’s largest automaker grapples with an uncertain outlook for its electric vehicle sales on its main market. The investment is the largest in state history and the …

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Amazon.com to invest over 1 billion euros in European electric van, truck fleet

LONDON, October 10 (Reuters) – Amazon.com Inc (AMZN.O) said on Monday it would invest more than one billion euros ($974.8 million) over the next five years in low-emission electric vans, trucks and hubs across Europe, accelerating its desire to achieve net zero carbon. The retailer said the investment also aims to spur innovation in the …

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Toyota restarts output of first EV after fixing safety issues

TOKYO, Oct 6 (Reuters) – Toyota Motor Corp said on Thursday it would restart production of its first electric vehicle, the bZ4X, after addressing potential safety issues that had halted sales of the new battery-powered model for more than three months. Japan’s biggest automaker, a latecomer to the electric vehicle market, recalled 2,700 bZ4Xs worldwide …

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Tesla previews humanoid robot, but Musk cautions it is not ready just yet

SAN FRANCISCO, Sept. 30 (Reuters) – Tesla (TSLA.O) CEO Elon Musk said on Friday that the electric vehicle maker’s “Optimus” humanoid robot will cost less than $20,000 and warned it still has some way to go before it becomes fully functional. “There’s still a lot of work to be done to refine Optimus and prove …

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