Musk faces challenge – but may be shielded by investors

Tesla chief executive Elon Musk faces votes at a shareholder meeting today that will challenge his grip on the electric carmaker, but he may be able to count on some powerful friends: big fund managers likely to be fans. Tesla chief executive Elon Musk faces votes at a shareholder meeting today that will challenge his grip on the electric carmaker, but he may be able to count on some powerful friends: big fund managers likely to be fans.

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Big Tesla Investors Look Like Firewall for Elon Musk

Tesla Inc. Chief Executive Elon Musk faces votes at Tuesday’s shareholder meeting that will challenge his grip on the electric carmaker, but he may be able to count on some powerful friends: big fund managers likely to be fans. These stockpickers would have weighed Musk’s forceful public persona in their decisions to buy and hold Tesla shares in the first place, and likely are ready to back him at the meeting to be held in Mountain View, California, said analysts, corporate governance experts and investors.

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In California, utilities will spend $768 million on electric car infrastructure

On Thursday, California regulators approved three plans from the state’s three largest utilities, which will together result in nearly $768 million in electric vehicle (EV) infrastructure spending. As a whole, the plan is the largest coordinated effort …

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The Solar-Powered Sion Electric Car Will Be Powered By Batteries From German Expert ElringKlinger

When Sono Motors entered the international arena of e-mobility July 2017, it was a sort of magic for me. What the company offers is often on an environmentalist’s wish list. The project started in a garage with three enthusiastic students. Now, 10 months …

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This ex-Tesla analyst’s 200-mph drones deliver heavy parts up to 500 miles away and land on a moving boat

While working for Tesla Inc. four years ago as a senior operations analyst, Hannan Parvizian saw that shipping crucial auto parts back and forth to the electric carmaker’s service centers, warehouses and factories was a logistics problem that needed to be …

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BP invests in fast-charging electric vehicle technology

British Big Oil major BP said it is investing in a new battery technology that could charge electric cars as fast as traditional gasoline-fueled vehicles are filled up. BP said it is putting $20 million into Israel-based StoreDot, which is developing the …

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Electric vehicles seen driving cobalt crunch by mid-2020s

The increasing popularity of electric vehicles may create a crunch for supplies of cobalt in the early-to-mid 2020s, miners and analysts say, adding that small operators trying to start up mines outside Africa could play a bigger role over time in satisfying demand for the metal used in rechargeable batteries. FILE PHOTO: A man prepares to drive a Totem-Mobi electric car-sharing vehicle parked at a charging station in Marseille, France March 6, 2018.

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Tesla shares slide as Musk calls analyst ‘boring bonehead’

Shares in Tesla (TLSA.O) have fallen 7.1% in pre-market trading after maverick boss Elon Musk described an analyst as a ‘boring bonehead’ for a question about the electric car maker’s record loss. The moment, captured on the company’s results call …

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