Musk: New Tesla plants make billions in losses – economy

According to CEO Elon Musk, Tesla’s new electric car factories in Grünheide near Berlin and in Austin in the US state of Texas are currently losing “billions of dollars”. Musk described the sites as “giant money incinerators” in a video interview released Wednesday. The reason is a lack of batteries and supply chain problems due … Read more

2035 should be the end of the combustion engine

TFor a long time, the EU commissioners have argued with each other about how much the car industry should reduce the emissions of new vehicles in the next few years. They finally reached an agreement late on Tuesday evening, a few hours before the official presentation of the “Fit for 55” climate package by the … Read more