In Mayweather-Pacquiao Buildup, Surprisingly Little Fight in the Fighters. Tesla, Toyota project exposed corporate culture clash. Four years ago, Tesla Motors chairman Elon Musk invited a fan to his California home and let him take the Roadster sports car out for a spin.
His guest: Akio Toyoda, president of the world’s biggest automaker. The two hit it off so quickly that within weeks, Toyota Motor Corp. agreed to buy a $50 million stake in Tesla and sold a shuttered California factory to its new partner for a mere $42 million. They also agreed to retrofit the Toyota RAV4 sport utility vehicle for electric power, and considered extending the collaboration to an electric Lexus RX SUV, a person familiar with the matter said at the time.
Today, the ties are unraveling as sales of the codeveloped RAV4 electric vehicle wind down, with fewer than 2,000 deliveries to date. Once lauded by Musk as a springboard for a deeper partnership, the SUV stood little chance of becoming a hit after Toyota slapped it with a sticker price of almost $50,000 — double the gasoline version — and limited its availability to California.
Welcome to Forbes. How 300 Emails Led to a Summer Job on Wall Street. To land a summer job on Wall Street this year, Fairfield University junior Matthew Edgar sent 300 emails, made dozens of phone calls and several networking trips to New York banks from the Connecticut campus.
Darwin Li had a more direct route: The Princeton University junior applied online for positions and attended campus information sessions where company recruiters walked him through the application process and the firm’s culture. A growing number of employers say a degree from a prestigious college counts less than it once did. But among elite finance and management-consulting firms—which offer some of the highest starting salaries for new graduates—an alma mater still matters.
That puts students from less-selective schools at a disadvantage, career-services officers and students say. “We teach our students that they’re going to have to compete,” said Eugene Gentile, director of the office of career management at Rutgers Business School. Mr. Mr. In addition, Mr. J.P. Mr. Welcome to Forbes. Tesla Share Price, Prospects Look Fragile, Wall Street Journal Columnist Says.
Uk.businessinsider. Could Apple Compete With Tesla? Tesla Motors is challenging auto companies to boost electric car innovation, but the company will soon challenge utility companies also by designing a battery that could power a house.
Apple is also making huge investments in clean energy for its offices and is reportedly following Tesla in designing electric cars. [READ: Apple Leads Clean Energy Trend With Solar Deal] Tesla has big plans for energy storage innovation with the development of its Gigafactory to mass produce batteries, which is under construction near Reno. Nevada, and could be completed around 2017. Tesla has forecast that the Gigafactory will be capable of building batteries for 500,000 electric vehicles per year by 2020. Tesla’s CEO Elon Musk revealed in a recent earnings call that his company will “unveil the Tesla home battery … consumer battery that will be for use in people’s houses or businesses, fairly soon.” Tesla Supercharger stations in the U.S. [ALSO: Elon Musk Talks Tesla's Supercharger Future] Musk told U.S. The Mission of Tesla. Our goal when we created Tesla a decade ago was the same as it is today: to accelerate the advent of sustainable transport by bringing compelling mass market electric cars to market as soon as possible.
If we could have done that with our first product, we would have, but that was simply impossible to achieve for a startup company that had never built a car and that had one technology iteration and no economies of scale. Our first product was going to be expensive no matter what it looked like, so we decided to build a sports car, as that seemed like it had the best chance of being competitive with its gasoline alternatives. Elon Musk Has Raided 150 People From Apple For Tesla. Apple Watch app controls your Tesla electric car. Take two of the hottest tech products and get them to work together in a way gets the world talking.
That seems to be the idea behind a plan to let Tesla electric car owners be able to control their Model S their Apple Watch. The Model S is, of course, the luxury electric car costing $80,000 and up that has taken the auto world by storm with its long range and smooth, powerful performance. The Apple Watch, which is yet to go on sale, is likely to become the hottest new personal tech product of the year. A Ukraine-based software developer, Eleks Labs, says it has created the app that will let Tesla owners tell at a glance how much juice is left in their car's battery and how many miles of range they can expect from it.
It would allow owners to lock or unlock doors or switch on the headlights. Eleks says it developed its app from a beta version of the Apple Watch, but notes the watch's expected limitations, especially the requirement that it work in conjunction with an iPhone. Tesla Motors CEO Elon Musk Is Proud to Be a Micro-Manager.