Written by Steve on November 12, 2019

Tesla Surpasses Daimler to Become Third Most Valuable Automaker on Earth

Following the announcement of Tesla’s Gigafactory Berlin, Tesla became the third most valuable auto manufacturer in the world. It surpassed Daimler in early trading on German exchanges narrowly –– Tesla is now worth $63 billion and 73 million, while Daimler is worth a measly $63 billion and 7 million. They could trade places again several […]

Written by Steve on November 12, 2019

Daimler Profits will be hit by pollution compliance costs

Interesting story over at Automotive News this morning: Mercedes-Benz parent Daimler has discreetly warned financial analysts that CO2 compliance costs and market headwinds for next year would be much larger than previously thought and asked them to reduce their earnings estimates for the automaker by billions of euros Automotive News “Hey guys we saw your […]

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Category: Daimler

Tesla Surpasses Daimler to Become Third Most Valuable Automaker on Earth

Daimler Profits will be hit by pollution compliance costs