The last few weeks have seen some great news and some bad news for the industry - on two and four wheels. Personal transportation is going through a difficult time yet there are some highlights. On two wheels, The Economist magazine reported that Harley-Davidson is going through a rough patch - not the first in their 116 year history. In the US they have seen sales figures … [Read more...]
Tesla – Deliveries Have Replaced Manufacturing as a Problem
Tesla have been in the wars this year for many reasons. Some have been widely reported with regards to Elon Musk’s behaviour and the financial side of the business and some of the problems have been with the production of the Model 3. This was the car that was supposed to be the vehicle that brought Tesla closer to the masses with a cheaper, more practical design. The Model … [Read more...]
The Mess Tesla Is In
A few weeks ago Motoring Weekly published an article about the recent behaviour of Elon Musk, the founder, Chairman and CEO of Tesla. In that article, was a comment about the Securities and Exchange Commission (SEC) in the US investigating his announcement that he had secured funding to take Tesla private. He tweeted the price he expected to get and did this without the … [Read more...]
New Factories in Africa and Asia
I read two interesting reports recently about the future of the industry with two new factories being proposed: one in Asia and one in Africa with a US company building in Asia and an Asian company building in Africa! BYD, the Chinese electric car and battery maker has signed a deal to build a factory in Morocco to assemble new vehicles and other equipment. Morocco is … [Read more...]
Tesla – What’s That Musky Smell?
It has been an odd month for Tesla and its founder, Elon Musk. In the midst of a turbulent period it does look like Musk has had a bit of a meltdown. Early in August Tesla had a new Chief Accounting Officer join the company and the next day Musk surprised everyone - including the new officer - with a tweet: “Am considering taking Tesla private at $420. Funding secured”. The … [Read more...]
