The journey across Michigan was the first road test of the Gemini battery, developed by Detroit-based startup Our Next Energy (ONE), and achieved almost double the typical range that a standard Tesla Model S is capable of meeting. According to ONE founder and CEO Mujeeb Ijaz, the results of the first road test “set a […]
Elon Musk’s electric vehicle company Tesla said it delivered 308,600 electric vehicles in the fourth quarter of 2021, trumping its previous single-quarter record of 241,300 vehicles delivered in the third quarter of 2021. Throughout the entire year, Tesla delivered 936,172 vehicles, an 87% increase from 2020. According to FactSet, Wall Street analysts had expected Tesla […]
Australian Syrah Resources Ltd will supply Elon Musk’s electric vehicle company with graphite anode material over an initial four-year period, with an option to buy additional volumes subject to further expansion of Syrah’s plant in Vidalia, Louisiana. The Vidalia facility is planned to process graphite from Mozambique to become the first source of graphite anodes […]
Love him or loathe him, there is no denying that Elon Musk is one of the world’s most influential people. 2021 saw the Tesla CEO crowned Time magazine’s “Person of the Year'' as his electric vehicle company became the most valuable in the world, his space company successfully carried an all-civilian crew to the edge […]
In a tweet, Musk wrote, “Tesla will make some merch buyable with Doge & see how it goes.” The news caused the cryptocurrency, created by software engineers Billy Markus and Jackson Palmer as a joke, to jump 24% to $0.195. Tesla sells merchandise such as apparel, belt buckles, mini models of its vehicles, and “Cyberquads” […]
Elon Musk has been named Time magazine’s “Person of the Year” for 2021, a year that saw Tesla become the most valuable carmaker in the world and Musk's space company SpaceX carry an all-civilian crew to the edge of space. Tesla’s market value rocketed to more than $1 trillion this year, making the electric vehicle […]
Tweeting on Thursday, Tesla CEO Elon Musk said he is “thinking of” leaving his jobs to instead become an influencer. "It would be nice to have a bit more free time on my hands as opposed to just working day and night, from when I wake up to when I go to sleep 7 days […]
On Friday, Tesla CEO Elon Musk said that the electric vehicle manufacturer’s highly-anticipated cybertruck will first arrive with a four-motor variant. Turning to Twitter, the CEO wrote, “Initial production will be 4 motor variant, with independent, ultra-fast response torque control of each wheel.” Musk has labelled the cybertruck, constructed from stainless steel, as an “insane […]
According to an email obtained by CNBC, on Friday, Tesla CEO Elon Musk urged staff to reduce the cost of customer deliveries, rather than rushing orders out to hit the company’s end of quarter sales goals. The email comes amid ongoing rising shipping costs. 2021 has seen Tesla struggle to deliver new vehicles to customers […]
The Tesla CEO made the sales after exercising options to buy 2.15 million shares, according to filings with the Securities and Exchange Commission. Since November 8, Musk has sold around 9.2 million shares worth approximately $9.85 billion. The flurry of sales follows Musks’s Twitter poll in which he asked his followers whether or not he […]
According to court filings on Monday, JPMorgan Chase filed a lawsuit against Tesla for $162.2 million, accusing Musk’s electric vehicle company of “flagrantly” breaching a contract related to stock warrants after its share price rocketed. JPMorgan claims that Tesla breached the terms of a contract that was signed between the companies about repricing the warrants. […]
Ford has teamed up with Purdue University to create a prototype of a cable that could fully charge an electric vehicle’s battery in just five minutes. While there is still work to be done, the cable could nonetheless help overcome the final major obstacles preventing the adoption of EVs from becoming mainstream. Currently, slow charging […]
CEO Today Online and CEO Today magazine are dedicated to providing CEOs and C-level executives with the latest corporate developments, business news and technological innovations.
