February 2023

Does Toyota CEO change signal it’s going all-in on EVs?

A leadership change at Toyota doesn’t seem to have changed the automaker’s EV strategy. Akio Toyoda recently announced a step over to chairman after 14 years as CEO of the automaker founded by his grandfather, with Koji Sato anointed as the next Toyota CEO. But the automaker’s stance on EVs—that they’re not the only solution

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Elon Musk’s Twitter applies for US state licenses for payments business: report

Twitter has taken further steps towards allowing payments on its platform. The company is reportedly seeking regulatory licenses across the United States and is working on developing the necessary software for the feature.  The rollout of the platform’s upcoming payments system is reportedly being led by Twitter Director of Product Management Esther Crawford. She is

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Tesla (TSLA) stock among S&P 500’s best-performing stock in January

Despite a painful 2022, Tesla stock (NASDAQ:TSLA) saw a strong rebound this January. Tesla’s recovery has been so strong that the electric vehicle maker became one of the best-performing stocks in the S&P 500 index for the month.  After its 65% drop last year, TSLA stock completed January 2023 with a 41% gain, its best

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Volkswagen pondering battery facility in Canada: report

Volkswagen is reportedly considering Ontario, Canada, as a potential site for a dedicated battery facility. Reports suggest that the province is optimistic about the automaker’s plans, with Ontario reportedly offering investments and other incentives for the project.  This was not the first time that the idea of a Volkswagen battery cell plant in North America

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