The Tech Guy

  Toyota is getting significant subsidizing as it hopes to get up to speed in the EV race. Sources near the matter say Toyota and its partners will sell a stake of around $4.7B in Denso, the second-biggest worldwide auto provider. Toyota intends to sell around 10% (generally $4.7 billion) of its stake in the provider before the year's over. The move comes as Toyota hopes to advance quickly cutting edge EV tech improvement.The sources told Reuters Toyota Engine's piece will be about portion of the 10% while Toyota Ventures and Aisin will make up the other half. Denso plans to repurchase a portion of the offers to relax the effect it might have on market costs. The provider's portions were down 6% in pre-market exchanging. At $4.7B (700 billion yen), the deal would be the greatest the car business has seen in north of 10 years. As per LSEG information, the deal would be the second biggest behind the $9B share deal in Japan Post Bank in Spring. The move highlights the meaning ...

 And not always in a good way. But the quality is better than we've seen before. Will this be a win for Tesla? I've been covering the vehicle business for over 10 years now. I may not be as a very remarkable solidified veteran as some, yet I'm where not much genuinely shocks me any longer. Today, I can securely say that is changed on the grounds that I have seen the Tesla Cybertruck very close and face to face for myself. How about we simply say that the photographs and recordings you've seen so far don't actually do it equity — the Cybertruck seems to not be anything else out and about.Now, do I mean that in a good way, or a bad way? I'm still making my mind up on that.  This week marks the first deliveries and, presumably, the unveiling of the full and final specs of the Cybertruck. Whether you've got 10 of them on order or think it's a rolling design disaster, you can't ignore the fact that it—or really any all-new Tesla—is a major electric vehicl...