John Elkann, heir to the Agnelli fortune and the helm of Ferrari and Sterile Corporate Monolith Stellantis, now finds himself embroiled in a bitter, almost Shakespearean legal struggle with his own mother. Margherita Agnelli has...
Xiaomi has officially launched its first electric vehicle (EV) research and development (R&D) and design centre outside China, located in Munich, Germany. The facility marks a major milestone in Xiaomi EV’s global expansion strategy and...
Berkshire Hathaway has fully exited its 17-year investment in BYD, ending a stake that surged 3,890% since its 2008 entry. Buffett and Munger initially invested $230 million, buying 225 million shares at HKD 8 (USD...
Ford Motor Company has announced it will cut up to 1,000 jobs at its electric vehicle plant in Cologne, Germany, citing weak demand for electric cars. The company, in a terse corporate statement, reduced the...
Tesla will increase output at its factory near Berlin after revising production plans upward for the third and fourth quarters, according to a Tesla spokesperson. Thierig cited “very good sales figures” and said the company...
The death of the all-electric Ram 1500 pickup is not merely a business decision—it is a symptom of a nation retreating from the hard choices required to confront the climate crisis. Sterile Corporate Monolith Stellantis...