Archive for the ‘Investors’ Category

Tesla Claims Employee Tried to Sabotage Plant – But Refuses to Say if Authorities Were Notified

Musk blames employee who didn’t receive promotion, hints others might be involved.

by on Jun.19, 2018

In a letter to employees, Tesla CEO Musk said the Fremont plant was the subject of sabotage.

Tesla CEO Elon Musk advised employees late Sunday that the company had been sabotaged by an employee who sent “highly sensitive” data to unnamed outside parties, but he and Tesla have so far refused to provide details, declining to even say whether police or other authorities, such as the FBI, have been asked to investigate.

Musk’s e-mail to Tesla workers, first reported by CNBC, was sent hours after a small fire at the Tesla assembly plant in Fremont, California briefly shut down due to a fire in its welding area. The incident was deemed minor and work quickly resumed. Tesla has been struggling to boost the factory’s output, primarily of the new Model 3 sedan, and has gone to an around-the-clock production schedule.

Breaking News!

In his note to employees, Musk said an employee committed “quite extensive and damaging sabotage to our operations,” among other things making “direct code changes” in Tesla’s manufacturing system while also sending “large amounts” of “highly sensitive” company data to an address outside the company.

(more…)

GM Names Suryadevara to Replace Stevens as CFO

Company now one of a few with women in CEO, CFO roles.

by on Jun.14, 2018

Dhivya Suryadevara becomes General Motors chief financial officer on Sept. 1.

General Motors Co. tapped 39-year-old Dhivya Suryadevara to take over one of the company’s senior executive positions, making the company part a select group with women in the role of CEO and CFO.

GM appointed Suryadevara as Chief Financial Officer, effective Sept. 1, 2018. She will report to Mary Barra, GM chairman and CEO, the company said.

Subscribe Now!

Suryadevara replaces Chuck Stevens as GM executive vice president and CFO, who has elected to retire after more than 40 years with the company, effective March 1, 2019. will remain with the company as an adviser until his retirement. (more…)

GM Increasing Bolt Production, Per Sustainability Report

The Orion plant will also produce Maven autonomous car.

by on Jun.13, 2018

Chevy Bolt production will be increased for this year and next due to rising demand for the EV.

General Motors Co. said will increase production of its Bolt battery-electric vehicle this year in response to global demand, according to 2017 sustainability report it released ahead of the company’s annual shareholders meeting.

The Bolt EV is built at GM’s Orion Assembly plant in suburban Detroit.

News You Can Trust!

GM Chairman and CEO Mary Barra also said at least 20 new all-electric vehicles will launch globally by 2023, and that GM is partnering with utilities and governments to accelerate the growth of charging infrastructure as it looks to deliver on its vision of an “all-electric, emissions-free” future. “We believe the future is electric,” she said. (more…)

GM Impacted Already by Rising Costs Due to Trump Tariffs

CEO Barra says no changes planned yet.

by on Jun.12, 2018

General Motors Chairman and CEO Mary Barra talks with media prior to the start of the 2018 General Motors annual shareholders meeting.

Tariffs on aluminum and steel are already beginning to push up costs General Motors top executive acknowledged before the company’s annual shareholders meeting in Detroit.

GM is beginning to see cost increases as a result of the tariffs imposed on aluminum and steel by the Trump administration, GM Chairman and Chief Executive Officer Marry Barra said Tuesday ahead of the company’s meeting.

News Now!

Barra told reporters that the trade negotiations are still incomplete so it is difficult to have a complete picture of the impact of tariffs will have on the General Motors or the automobile industry in general.  (more…)

Harvard Alchemists Want to Turn Air into Gasoline

Pilot plant already operating in British Columbia.

by on Jun.08, 2018

Is that gasoline in the making pouring out of those smokestacks?

A popular bible tale tells how water was turned into wine for thirsty wedding guests. And alchemists once hoped to turn lead and other base metals into gold. Now, a team of Harvard scientists say they’ve found a way to do something equally miraculous: transforming CO2 from the air we breathe into gasoline.

A new paper published this week in the scientific journal Joule says the Harvard University researchers, working with the Canadian energy company Carbon Engineering, have found a way to remove a metric ton of CO2 from the atmosphere for no more than $232, and possibly as little as $94. By using a little magic – and some limestone and hydrogen — that an alchemist would be proud of, the process can then yield new hydrocarbon fuels, such as gasoline or jet fuel.

Stay in the Loop!

The basic concept, known as “direct air capture,” or DAC, has been around for some time. The problem has been finding a way to drop costs and then make it work on a large scale.

“Until now, research suggested it would cost $600 per ton…making it too expensive to be a feasible solution to removing legacy carbon at scale,” said Harvard Prof. David Keith in a statement. “We now have the data and engineering to prove that DAC can achieve costs below $100 per ton.”

(more…)

Volvo Hopes to Electrify Customers – and Investors

All-electric models now expected to generate half its sales by mid-2020s, with 1/3 self-driving.

by on Jun.08, 2018

The Volvo 40.2 Concept hints at what's coming with the marque's first all-electric vehicle.

Volvo took a lead in the push into electrification last year, announcing it would use some of battery-based drive system on all future products, whether mild, conventional or plug-in hybrids, or pure battery-electric. And, last January, it gave us a hint of what that first BEV would be with the debut of its 40.2 concept.

The production version will follow in 2019 and, if Volvo’s latest forecast is any indication, so will plenty of other all-electric models, as the Swedish automaker now says it wants them to generate half of its sales by mid-decade.

Plug In!

The mid-term plan Volvo is laying out is nothing if not ambitious. It also predicts that half of the Chinese-owned automaker’s sales will come from self-driving vehicles, and that half of its volume will come through its Care by Volvo subscription service, rather than conventional sales and leasing. Oh, and add a goal of boosting volume – and profitability – to match other premium manufacturers.

(more…)

GM’s Ammann Quits Lyft Board of Directors

Relationship continues to grow apart.

by on Jun.06, 2018

General Motors President Dan Ammann stepped down as a member of the Lyft board today.

In another sign that the relationship between General Motors and Lyft is weakening, Dan Ammann stepped down as a member of the ride-sharing company’s board of directors.

Ammann, who held the spot since 2016 when GM invested $500 million in the company, will be replaced by Maggie Wilderotter, a former telecommunications executive who sits on Hewlett Packard Enterprise Co.’s board with Ammann, the company said.

Subscribe Now!

“Maggie is a world-class executive who brings a wealth of experience to Lyft’s board,” Chief Executive Officer Logan Green said in a statement. “We are delighted to welcome her to Lyft as our second independent director. We also want to thank Dan Ammann for his service on the Lyft board.” (more…)

Nearly 1 in 4 Tesla Model 3 Reservations Have Been Cancelled

Number could escalate as production lags, competition heats up.

by on Jun.06, 2018

After its debut of the Model 3, Tesla logged about 400,000 reservations for the mainstream sedan — at $1,000 each. Now a quarter want their money back.

While Tesla hasn’t given out precise numbers, it’s believed to have quickly logged about 400,000 advance reservations for the Model 3 battery-sedan, each putting down a deposit of at least $1,000.

But the lengthy delays in getting large numbers of the Model 3 into production have been causing serious problems for Tesla, not the least of which was the record loss the company posted during the first quarter. And the problems could grow worse, even though Tesla CEO Elon Musk told shareholders at the company’s annual meeting on Tuesday that production will “quite likely” reach 5,000 sedans a week by the mid-year mark.

Electrifying!

Even if it continues to increase for the rest of 2018, the Tesla plant in Fremont, California, will end the year far short of the 400,000 Model 3 sedans that were expected to be produced for the full year. And with many of those holding early reservations now likely to wait until well into 2019 before they can take delivery, nearly one in four has cancelled their order and asked for a refund. (more…)

SoftBank Investment Triggers GM Best Share Gain Ever

Cruise Automation could be floated in IPO.

by on Jun.01, 2018

The Chevy Bolt will be General Motors first fully autonomous car when it brings a self-driver to the market in the future.

Shares of General Motors posted their biggest gain in years, rising nearly 13% Thursday on news that Japanese tech investment fund SoftBank was investing $2.25 billion in GM’s autonomous vehicle development subsidiary, Cruise Automation.

SoftBank’s big investment was one of several major announcements yesterday that underscored the growing interest in self-driving vehicles. Waymo, the spinoff of Google, said it would purchase as many as 62,000 Chrysler Pacific Hybrid minivans for use in its planned self-driving ride-sharing service. Currently in a pilot program, it intends to begin commercial operations in Phoenix later this year and then begin a national rollout.

EV News!

GM plans to launch a similar ride-sharing operation through another subsidiary, Maven, using versions of its all-electric Chevrolet Bolt EV modified by Cruise. Mary Barra, the automaker’s CEO, said GM will look at “other opportunities” for Cruise that could involve alliances with other companies SoftBank has funded, including Uber and China’s Didi Chuxing. (more…)

More Products, More Volume, Bigger Margins: FCA Lays Out Aggressive, 5-Year Growth Plan

Morning presentation outlines plans for Jeep, Ram, Maserati and Alfa Romeo brands.

by on Jun.01, 2018

The Ram TRX will be among the new models FCA will bring out over the coming five years.

(This story has been revised to update plans for Jeep’s pickup and a midsize pickup from Ram that, CEO Marchionne now says will come to the U.S. market.)

In a sweeping presentation designed to give analysts, investors, media and potential buyers a good look at its future, Fiat Chrysler Automobiles executives are spending a day detailing their plans for the company and its various brands.

At the midway mark, as they break for lunch, they’ve already lifted the kimono far enough to show what’s coming for the Jeep, Ram, Maserati and Alfa Romeo brands and, in a nutshell, it can be summed up as more products targeting lots more volume and much bigger margins.

Breaking News!

The new five-year plan will be the last crafted under the guidance of Sergio Marchionne, the 65-year-old executive who helped pull off the pairing of two struggling manufacturers to form Fiat Chrysler Automobiles. His third five-year plan, Marchionne stressed that “The true finish line is the one always yet to come.”

(more…)

У нашей компании популярный веб портал , он рассказывает про Битумная черепица Ruflex eurobud.com.ua
Наш важный интернет-сайт , он описывает в статьях про купить Blackview E7 www.topobzor.info
Нашел в интернете полезный блог с информацией про Профнастил ПК-35 www.eurobud.com.ua/