financetom
Business
financetom
/
Business
/
Tesla's former China factory head to join renewable energy firm Envision, sources say
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Tesla's former China factory head to join renewable energy firm Envision, sources say
Dec 19, 2024 6:47 PM

SHANGHAI, Dec 19 (Reuters) - Tesla's former

China plant manager is set to join Chinese renewable energy

group Envision, two sources familiar with the matter said on

Thursday.

Song Gang, who announced his departure from Tesla on

Wednesday, is set to take on supply chain management duties at

Envision, one of the sources said.

Envision and Song did not immediately respond to separate

requests for comment. Tesla also did not respond to a request

for comment on Song's departure.

Headquartered in Shanghai, Envision is one of the world's

largest wind turbine companies and has research centres in

countries such as Denmark, the U.S., and Germany.

Envision is a shareholder alongside Nissan ( NSANF ) in

battery maker AESC which has been building new battery plants in

South Carolina, Spain, France and the United Kingdom.

Song, who became Gigafactory Shanghai's manager in 2018,

informed Tesla employees that Wednesday would be his last day,

according to a note sent to employees that was seen by Reuters.

The Shanghai plant is Tesla's largest factory by output and also

exports to Europe and Southeast Asia.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Market Chatter: Roper Technologies Said to Mull $4 Billion Sale of Neptune Unit
Market Chatter: Roper Technologies Said to Mull $4 Billion Sale of Neptune Unit
Feb 19, 2025
08:03 AM EST, 02/19/2025 (MT Newswires) -- Roper Technologies ( ROP ) is exploring a sale of its Neptune Technology Group division that could fetch as much as $4 billion, Bloomberg reported Wednesday, citing people with knowledge of the matter. Roper did not immediately reply to a request for comment from MT Newswires. (Market Chatter news is derived from conversations...
Garmin forecasts 2025 results above estimates on strong outdoor wearables demand
Garmin forecasts 2025 results above estimates on strong outdoor wearables demand
Feb 19, 2025
Feb 19 (Reuters) - Swiss navigation device maker Garmin forecast full-year results above Wall Street estimates on Wednesday, banking on continued momentum in its outdoor and auto OEM segments. Garmin makes wearables designed for a niche market of professionals and specializes in GPS-enabled products for defense and recreational needs, charging a premium for its high-end, specialized products. Its strong and...
Appian Reports 'Breakeven' Q4 Adjusted Net Income, Revenue Increases; 2025 Full-Year, Q1 Outlook Issued
Appian Reports 'Breakeven' Q4 Adjusted Net Income, Revenue Increases; 2025 Full-Year, Q1 Outlook Issued
Feb 19, 2025
08:04 AM EST, 02/19/2025 (MT Newswires) -- Appian (APPN) reported 'breakeven' Q4 adjusted net income Wednesday, down from $0.06 per diluted share a year earlier. Analysts polled by FactSet expected a loss of $0.01. Revenue for the quarter ended Dec. 30 was $166.7 million, up from $145.3 million a year earlier. Analysts surveyed by FactSet expected $164.3 million. For Q1,...
Nikola Files for Chapter 11 Bankruptcy, Pursues Sale of Assets; Shares Fall Pre-Bell
Nikola Files for Chapter 11 Bankruptcy, Pursues Sale of Assets; Shares Fall Pre-Bell
Feb 19, 2025
08:04 AM EST, 02/19/2025 (MT Newswires) -- Nikola ( NKLA ) said Wednesday that it and certain subsidiaries filed voluntary petitions for Chapter 11 bankruptcy in the US bankruptcy court for the district of Delaware. Shares were down more than 55% in recent premarket activity. The electric truckmaker said it also requested approval to pursue an auction and sale process...
Copyright 2023-2025 - www.financetom.com All Rights Reserved