Low Battery: Microchip shortage puts EV production on hold
Toronto, Ontario — The electric vehicle (EV) industry says that the microchip shortage could cause manufacturing delays that extend for up to a year. The microchip shortage has impacted companies like Ford and General Motors so much that the automakers are both expecting to lose roughly $2 billion in profits. Elon Musk says that Tesla […]
Streamlined Scope: Tesla building up collision repair capability, says Elon Musk
Palo Alta, California — Tesla is buckling down on its collision repair capabilities, including a smoother experience for customers via Tesla Insurance, according to recent tweets from CEO Elon Musk. “Tesla is building up collision repair capability to help address the grief you went through,” Musk tweeted in reply to a Tesla owner who recently […]
Tesla Tease: Musk says engineering complete, design fixed
Toronto, Ontario — The Tesla Cybertruck is nearing its final form, at least before it enters production. While addressing an inquiry from an institutional investor about the development of the Cybertruck during Tesla’s Q4 FY 2020 earnings call, CEO Elon Musk confirmed nearly all the work surrounding the all-electric pickup’s engineering has been completed, and […]
Tuesday Ticker: January 12, 2021
Toronto, Ontario — In this week’s Tuesday Ticker, Driven Brands announces its plans for its proposed initial public offering, speculations on who will build Apple’s rumoured self-drivng vehicle and Tesla CEO Elon Musk is named the world’s richest person. Driven to market Last week, Driven Brands—owner of collision repair brands CARSTAR, Maaco, Fix Auto USA […]
Elon Musk toys with idea of buying GM plants
By CRM Staff Toronto, Ontario — December 11, 2018 — The recent rash of General Motors plant closures has caught the eye of Tesla CEO, Elon Musk. In an interview with CBS 60 Minutes, the electric vehicle baron said he is considering buying some of the five factories GM is closing–including the facility Oshawa, Ontario. All […]
Musk to face Tesla Investors at Annual Shareholder’s Meeting
Toronto, Ontario — June 5, 2018 — Tesla’s annual share holders meeting, held today, will give investors the opportunity to voice their concerns about the company’s direction after a few months of missed production targets and withering press coverage. While it seems unlikely that shareholders will take the opportunity to boot Elon Musk, the […]
AV Report: The flaw in current sensors and Tesla’s financial issues
By Jeff Sanford Toronto, Ontario — January 27, 2018 — In this week’s Autonomous Report, lawsuits related to AVs, the flaw in current sensors and much, much more. Dozens of media stories appeared this week noting a collision involving a Tesla. According reports the vehicle was traveling in semi-autonomous mode when sensors failed to pick […]
Tuesday Ticker: Tesla won’t hit production marks for Model 3
By Jeff Sanford Toronto, Ontario — October 9, 2017 — This week’s Tuesday Ticker looks at why stock markets continue to surprise on the upside, private equity funds prepare for AkzoNobel’s upcoming divestment, Tesla short sellers finally pay off, and much, much more! The Dow Jones hit another record high this past week, jumping 113 […]
The Autonomous Report: Canada attracts AV investment from Ford
By Jeff Sanford Toronto, Ontario — April 2, 2017 — The Autonomous Report keeps you updated on all of the vital news on developments in autonomous vehicles (AVs). In this week’s edition, we look at two major announcements to come out of Canada in the last week, a timeline of AV development according to industry […]
The Autonomous Report: Tesla will move ahead with Autopilot, Germany wants ‘black boxes’ and Mercedes-Benz tests out its autonomous bus
By Jeff Sanford Toronto, Ontario — July 22, 2016 — The autonomous vehicle (AV) space generated a lot of interesting headlines in the last week, including Elon Musk’s second “Master Plan” for Tesla, a self-driving bus built by Mercedes-Benz and poor, lonely Ontario still can’t find anyone to test AVs here. – Elon […]
