Craig Trudell

Business, Technology, Fuel

Milton Has Sold $284 Million of Nikola Stock Since Fraud Charges

Trevor Milton exits federal court in New York in July Trevor Milton exits federal court in New York in July. (Angus Mordant/Bloomberg News)

Nikola Corp.’s founder sold his biggest batch of shares since the U.S. charged him with securities fraud, bringing the total he has disposed of since August to $284 million.

Craig Trudell | Bloomberg News
November 24, 2021
Business, Technology, Fuel, Autonomous

Tesla Reportedly Delays Cybertruck by a Year to Late 2022

Tesla Cybertruck The Tesla pickup truck unveiling in 2019. (Ringo H.W. Chiu/Associated Press)

Tesla Inc.’s Cybertruck pickup has fallen about a year behind schedule, blog Electrek reported, citing remarks CEO Elon Musk made on a companywide call with employees.

Craig Trudell | Bloomberg News
September 3, 2021
Business, Technology, Fuel, Autonomous

EV Startups Lose More Than $40 Billion After Taking SPAC Route Public

Lordstown vehicle The Lordstown Endurance electric pickup. (Matthew Hatcher/Bloomberg)

At their highs, five electric vehicle startups that went public through mergers with special purpose acquisition companies were worth $60 billion. The corrections that followed have been brutal.

Craig Trudell | Bloomberg News
May 14, 2021
Government, Business, Technology, Safety

Musk Emerges as Loud Reopen Proponent With Tesla Threats

The Tesla assembly plant in Fremont, Calif. The Tesla assembly plant in Fremont, Calif. (Sam Hall/Bloomberg News)

Tesla Inc. asserts that restarting its operations in the midst of the coronavirus pandemic doesn’t make the company an outlier, nor is it going against the grain.

Craig Trudell | Bloomberg News
May 11, 2020
Business, Technology, Equipment

Elon Musk Schedules ‘Blade Runner’-Inspired Pickup Truck Unveiling for Nov. 21

Tesla Inc. Chief Executive Officer Elon Musk set a date for the debut of the electric-car maker’s first pickup and further tied the truck to the famous sci-fi movie that inspired its design.

Craig Trudell | Bloomberg News
November 6, 2019
Business, Technology, Fuel

Infiniti Will Market Cars That Still Fill Up on Gas as Electric

Infiniti QX Inspiration concept vehicle sits on display in Detroit. (Daniel Acker/Bloomberg News)

Infiniti bills itself as being a convention challenger, but the Nissan Motor Co. luxury-car division still sees the future of electrification much like the era of internal combustion.

Craig Trudell | Bloomberg News
November 4, 2019
Business

Tesla Loses More Executives in Midst of Musk’s Deliveries Push

Tesla Inc. executive departures are apparently picking up speed again, with reports saying the electric car maker has lost its head of Europe and a top engineering manager.

Craig Trudell | Bloomberg News
July 2, 2019
Business

Tesla’s Key Inventory Figure Tops $2 Billion for First Time

Tesla Odin Jaeger/Bloomberg News

The value of Tesla Inc.’s finished goods inventory, which includes vehicles available for sale, exceeded $2 billion for the first time as the Model 3 sedan began overseas deliveries.

Craig Trudell | Bloomberg News
April 29, 2019
Business, Technology, Equipment

Tesla’s Model 3 Dominated Global Electric-Car Market in 2018

Tesla Tesla Model 3 Sedans (David Paul Morris/Bloomberg News)

Tesla Inc.’s Model 3 sedan took command of the global electric-car market last year, outselling the nearest competitor by about 50%.

Craig Trudell | Bloomberg News
February 25, 2019