Day: February 20, 2021

The challenging road ahead for Lotus

By Betty C. Morrow 4 months ago
A Lotus Evija - Jorge Ferrari 

A Lotus Evija – Jorge Ferrari

As the world’s richest man and one of the most famous people on the planet, Elon Musk can draw a crowd just by walking down the street.

But back in the mid-Noughties, the tycoon and his team from Tesla raised fewer eyebrows during visits to the headquarters of Norfolk-based sports car company Lotus in rural Hethel.

Tesla had recognised that Lotus produced the best-handling sports car on the road, according to the electric car company’s co-founder Martin Eberhard. It wanted to tap that expertise.

When Tesla unveiled its first car in 2006, the Roadster, it had an obvious similarity to the Lotus Elise – hardly surprising given the basic Roadsters were built at Lotus’s Potash Lane factory, before being shipped off so Tesla could install an electric drivetrain.

The link between Tesla – now the world’s most valuable car company, worth $800bn (£580bn)

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Ford Asks Texas Car Dealers to Loan Out Trucks with Generators amid Power Outages Due to Winter Snowstorm

By Betty C. Morrow 4 months ago

Getty Images

Ford Motor Co. is hoping to lend a helping hand as millions of people in Texas are without electricity after an unprecedented winter storm tore through the state.

On Thursday, the automaker issued a letter to its dealerships in the Lone Star State asking them to loan out F-150 trucks to those without electricity so they can use the vehicle’s onboard generator as a source of power, according to Automotive News.

“For well over a century, Ford Motor Co. and our dealer partners have been there to support and serve our communities in time of need,” the letter said, per the outlet. “Our Texas communities need all the support they can get right now. You can make a significant difference in our community by providing assistance during these very tough times.”

Ford reportedly said in its letter that there are about 415 pickups within its Texas dealerships

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Apple In Talks To Buy Lidar Technology For Self-Driving Car: Report

By Betty C. Morrow 4 months ago

TipRanks

3 Stocks Flashing Signs of Strong Insider Buying

For an individual investor to beat the market, you need an edge. Investing strategies come in different forms and you can rely on several factors to achieve the end goal of strong returns. Be it following analyst ratings, upcoming catalysts or recognizing the latest market moving trends. There is another option: following the signal from those in the know – the corporate insiders. These are the company officers whose positions give them both access to frequently privileged information on business plans and finances and the experience necessary to translate that into smart stock trades. And better yet – they are not wholly free actors. Being responsible to shareholders and Boards of Directors for company profits, these insiders cannot use their inside knowledge for selfish purposes. Which means that following their stock trades, especially of their own companies, can be a viable

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