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Elon Musk reverses course on Tesla advertising

SAN FRANCISCO -- Tesla Inc. boss Elon Musk, who has never used traditional advertising to sell cars, said that the automaker would try it and see whether it produced results. Musk said it was "ironic" that as CEO of Tesla, he now owns…

Elon Musk to meet Macron at French conference

PARIS – Elon Musk will meet French President Emmanuel Macron and other political leaders on Monday at a business conference close to Paris, the Elysee Palace said, confirming earlier media reports. The Tesla CEO, who bought social network…

Why automakers are meddling less with top suppliers

Wrestling over control of the supply chain created friction between suppliers and automakers, which boiled over when the pandemic sparked a supply chain crisis. Suppliers bore most of the pain, but it also gave them more negotiating power…

VW finance boss Antlitz gives AV software timeline

LONDON -- Volkswagen Group's Cariad plans to bring its delayed 2.0 software platform to market in 2027 or 2028 after the launches of key new electric models from Porsche and Audi. The original launch date for the sophisticated software…

VW, GM face risk of idle capacity in China

If the sales rate reaches 70 percent, the average unused capacity utilisation rate for ICE production would rise to two thirds, Greenpeace said, basing its estimates on public information about planned capacity and projected sales. GM and…

Panasonic delays production of new Tesla battery

SAN FRANCISCO/TOKYO - Panasonic said on Wednesday that it will delay the commercial production of its 4680 battery cells championed by Tesla CEO Elon Musk and begin operations during the April to September period in 2024, later than…