Australia has long been known for being “the lucky country.” Our mineral wealth helped us avoid the worst of the GFC and we are currently avoiding recession because of the high value of our coal and gas exports (sadly, as a result of the Russian invasion of Ukraine). We are … [continued]
Tesla has its next annual shareholder meeting coming up next month, and many investors are already considering what to expect at the event. Held with a limited in-person capacity at Tesla Gigafactory Texas, most will take part online in a public livestream event. The next Tesla shareholder meeting will take … [continued]
In 2020, electric vehicles made up 0.8% of new vehicle sales in Australia. In the first quarter of this year, they made up more than 2% of the market. After a poor showing in quarter 2 because of the Covid-19 lockdown in Shanghai, the second half of 2022 looks like … [continued]
The Asia-Pacific Economic Cooperation (APEC) CEO Summit recently brought together both global leaders of the world’s largest economies and business leaders. It was held virtually and over 1,000 delegates were welcomed from around the world. The themes of the summit included the state of the world, the future of energy, … [continued]
In an SEC proxy filing, Tesla has said that it wants Robyn Denholm to continue as the chair of its board of directors. Tesla recently announced its stockholder meeting for October 7, and the company cited Ms. Dehnolm’s leadership experience and financial expertise in this push to prolong her role … [continued]
Originally posted on EVANNEX. By Charles Morris Among the world’s wealthy countries, Australia is one of the least EV-friendly. Prime Minister Scott Morrison’s 2019 comments that characterized EVs as a threat to Australians’ way of life seem to have set the tone for Australia’s hands-off EV policy ever since — the market … [continued]
Recently, Tesla announced that it was going to spend $1 billion or more on Australian minerals, and Tesla’s Chair Robyn Denholm shared some interesting information about how her home country processes lithium. It doesn’t. It sends the lithium over to China to be refined, which isn’t good for the environment … [continued]
The US is far from the only country that has backwards-looking policies in regard to electric vehicles. Robyn Denholm, who became the Chair of Tesla’s board in 2018 after the SEC forced Elon Musk to relinquish the position, recently expressed disappointment about the politics of EVs in her native Australia.
Elon Musk has often come in for criticism because of missed deadlines, over-ambitious forecasts, and, in a few cases, unfulfilled promises. It’s true that production dates for the company’s vehicles have often slipped, many owners are unhappy about delays in delivering Full Self-Driving capability, and the New York-to-Los Angeles driverless Odyssey, originally planned for late 2017, has yet to take place. Musk himself has admitted that he’s always had problems with timelines.
Questions arose when Tesla announced its new board chair, Robyn Denholm. How might the seasoned executive interface with Tesla’s hard-charging CEO Elon Musk? Richard Walters (via Financial Times) reports that “Ms Denholm has always described herself as direct — the product of a pragmatic Australian upbringing that has left her with a no-nonsense view of the world.”
