German automation talent powers Musk"s battery move to Europe

STOCKHOLM (Reuters) - U.S. electric carmaker Tesla favors Germany as the location for its first European Gigafactory, its chief executive said, in what would be the latest move by an outside firm into the European battery market......»»

The German government on Wednesday welcomed Tesla's decision to set up shop in Berlin, a move it believes will turbo-charge the country's shift into the electric car era even as costs of running a business in Europe's largest economy remain high......»»

Tesla shares made a handy gain early on Thursday after mixed reports surfaced as to whether German auto manufacturer Volkswagen would be looking to take a stake in Elon Musk’s brainchild......»»

BMW's Chief Executive on Thursday said the German carmaker can move more production of its Mini to a plant in the Netherlands if Britain fails to strike a trade deal with the European Union after its exit from the common market......»»

Tesla Inc.’s Model 3 output is being artificially constrained by its battery partner, Panasonic, according to Tesla CEO Elon Musk. Musk's claims, in a series of recent tweets, come after a report in the Japanese newspaper Nikkei Asian Review la.....»»

LONDON (Reuters) - JPMorgan has asked "several dozen" employees to lead a first wave of relocations from Britain to continental Europe by early 2019, kicking off plans to protect its business post-Brexit, a memo to staff shows......»»

The head of the World Economic Forum says its move to bring together leaders from four western Balkan countries and regional powers aims to fight "complacency" in a region facing lingering tensions on a route used by migrants into Europe......»»

Elon Musk, CEO of Tesla, is being called upon to clarify the circumstances surrounding the recent layoffs at the company. The move comes in the wake of a challenging period for the electric vehicle giant, with investors seeking reassurances. read more.....»»

Tesla CEO Elon Musk has seen the departure of two of his top executives, including a senior VP after the electric car maker laid off over 10% of its global workforce. read more.....»»

These are some of the bizarre daily habits of top CEOs such as Elon Musk, Tim Cook, and Jack Dorsey. Ja.....»»

Elon Musk engaged with a House Judiciary GOP poll on X, questioning if Joe Biden and the FBI should be able to spy on individuals without a warrant, reflecting public concern over government surveillance powers. read more.....»»

Europe’s largest residential property group Vonovia has agreed to buy rival Deutsche Wohnen for €18 billion, in a deal that will reshape Germany’s real-estate sector......»»

Norwegian customers filed a lawsuit against Tesla, claiming a software update on their Model S cars slowed charging speeds and cut battery life. Tesla CEO Elon Musk. AP Photo/Jae C. Hong A court in Norway has ordered Tesla t.....»»

European stocks marched further into the green on Tuesday, surpassing record highs notched in early May, as Germany’s main stock market index was boosted by a $22 billion deal between two property giants......»»

Europe's largest bank's stance on cryptocurrencies comes as the world's biggest and best-known, Bitcoin, has tumbled nearly 50% from the year's high, after China cracked down on mining the currency and prominent advocate Elon Musk tempered his support......»»

The company is expected to grow to 200 employees by the end of this month......»»

Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk has blamed German bureaucracy for the delay in starting production at the Berlin Gigafactory, Reuters reported. read more.....»»

It could.....»»

Dan Ives of Wedbush said the move was a "shocker, and added that this could increase volatility for Tesla. Tesla CEO Elon Musk Britta Pedersen / POOL / AFP via Getty Images Dan .....»»

This week's top Wall Street stories: volatility traders on the move, summer 2022 investment-banking offer letters, Goldman's back-to-office plans. Hello readers, Happy Saturday, and welcome to Ins.....»»