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Christiaan Hetzner

Christiaan Hetzner

Fortune

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Tesla’s ‘self-drive’ tech accused of causing Cybertruck crash as owner urges Musk to ‘save others from the same fate or far worse’

The reported crash raises questions over whether the technology is ready for Elon Musk’s June robotaxi launch, a core pillar propping up Tesla’s...

latest 9

Fortune

Christiaan Hetzner

Fortune 500 auto parts supplier Lear looks to slash some 15,000 jobs this year globally

The company is also looking to drive growth by winning new business from the one group of automakers most likely to grow in the near future: Chinese...

saturday 10

Fortune

Christiaan Hetzner

Demand for Tesla nosedives in EV-friendly Europe amid jeers over Elon Musk’s endorsement of the far right

Popularity has plummeted in markets like Germany, a country still haunted by its fascist past, where Tesla's share of EV sales plummeted to just 3.7%...

07.02.2025 20

Fortune

Christiaan Hetzner

Model Y refresh can’t come soon enough for Tesla as preliminary January sales in Europe look dire

Tesla sales in a number of major European markets nearly halved in January, partly because of calendar year effects as well as some owners holding off...

04.02.2025 3

Fortune

Christiaan Hetzner

Elon Musk’s dream of Tesla robotaxis has been stymied in China by a bizarre foe: The humble bus lane 

Tesla aims to roll out its unsupervised FSD robotaxi software in most global markets this year, helping justify the $1.3 trillion market cap. Yet Musk...

01.02.2025 20

Fortune

Christiaan Hetzner

Flight 5342: White House scrambles to fill top FAA role after previous leader was targeted by Elon Musk

Following the catastrophe of Flight 5342, President Trump named an interim replacement for the vacant position of FAA administrator after the SpaceX...

01.02.2025 50

Fortune

Christiaan Hetzner

A peek under the hood of Elon Musk’s Tesla reveals a worrying trend—its auto business is rusting away

Elon Musk promised Tesla’s car sales would jump 20% this year at a minimum, but his own company doesn’t even seem to believe that.

31.01.2025 10

Fortune

Christiaan Hetzner

The Bombardier CRJ-700 in the American Airlines crash was a safe and reliable workhorse for short-haul routes

The jet's sterling safety record won't help Bombardier, however, as the Quebec manufacturer divested its aircraft programs to focus on private jets...

30.01.2025 10

Fortune

Christiaan Hetzner

Trump’s tariff threats are working: Audi ponders a U.S. manufacturing site—and Porsche might join

The two Volkswagen Group brands have never built cars in the U.S., but a combination of lower taxes and higher tariffs might change their mind.

30.01.2025 4

Fortune

Christiaan Hetzner

Trump to federal employees on ‘fork in the road’: Quit now and collect eight months’ pay for nothing

Almost all civil servants can opt to resign now and get paid through September without showing up for work—but Senator Tim Kaine warns it's a trick.

29.01.2025 4

Fortune

Christiaan Hetzner

How Elon Musk built an AI moat around Tesla impervious to DeepSeek’s ‘Sputnik moment’

If anything, potentially less demand for Nvidia's AI training chips could actually benefit the EV manufacturer.

28.01.2025 8

Fortune

Christiaan Hetzner

Vivek Ramaswamy breaks silence on Musk and DOGE exit as Fox News teases entrepreneur for lasting only ‘three Scaramuccis’

In his first opportunity to address his high-profile departure, Ramaswamy denied he had a falling out with Elon Musk, the co-creator of DOGE.

28.01.2025 10

Fortune

Christiaan Hetzner

Jaguar Land Rover is betting wealthy customers will pay extra to paint their car the same color as their private jet or yacht

Unable to keep pace with more mainstream European premium brands like Mercedes, JLR is hoping to cater to luxury customers who might otherwise opt for...

28.01.2025 5

Fortune

Christiaan Hetzner

Marc Andreessen warns Chinese ChatGPT rival DeepSeek is ‘AI’s Sputnik moment’

U.S. equity markets are set to open deep in the red as investors begin to digest the significance of DeepSeek’s AI reasoning model R1.

27.01.2025 10

Fortune

Christiaan Hetzner

Nearly a third of Elon Musk’s EV-loving Dutch customers may sell their Teslas: ‘There’s been a debate in the Netherlands around Tesla shame’

An opinion poll conducted last week might finally shed some light on just how many of Musk's customers suffer from "Tesla shame."

25.01.2025 40

Fortune

Christiaan Hetzner

Donald Trump promised to tackle cost-of-living crisis—now he’s risking inflation by demanding interest rates drop ‘immediately’

Progress reducing the rise in consumer prices has stalled, with recent data coming in hotter than expected. By pressuring the Federal Reserve, Trump...

24.01.2025 20

Fortune

Christiaan Hetzner

Elon Musk bashes Trump-backed $500 billion AI mega project

Elon Musk and Sam Altman are beefing on X.

23.01.2025 8

Fortune

Christiaan Hetzner

Billionaire Michael Bloomberg will fund the UN climate change body after Trump withdrew the U.S. from the Paris Agreement

This marks the second time Bloomberg, the former mayor of New York, has stepped in to fill the gap left by U.S. federal disengagement.

23.01.2025 7

Fortune

Christiaan Hetzner

After meeting with Trump, Stellantis chairman commits to restart of endangered Illinois plant

Stellantis' Belvidere site has been mothballed since February 2023 after the carmaker temporarily discontinued production of the Jeep Cherokee...

23.01.2025 10

Fortune

Christiaan Hetzner

Larry Summers warns bubbling asset prices are hitting levels of froth last seen prior to the financial crisis

Investors have become complacent of risks, Summers says, succumbing to the kind of exuberance that preceded the 2008 crash or the dotcom collapse.

23.01.2025 10

Fortune

Christiaan Hetzner

Netflix will now charge you $17.99 for a subscription after adding nearly 19 million new sign-ups in Q4 thanks to Squid Game and live sports

Netflix will raise prices across the board for its U.S. customers by between $1 and $2.50 per month, banking on the appeal of a new season of...

23.01.2025 7

Fortune

Christiaan Hetzner

Vivek Ramaswamy’s departure as DOGE co-czar removes growing political liability for Elon Musk

The added controversy around Ramaswamy is the last thing Elon Musk needs as he races to cut $1 trillion from the federal budget before the 2026...

22.01.2025 60

Fortune

Christiaan Hetzner

EV startup Canoo files for bankruptcy right before Donald Trump’s inauguration

The company had been in talks for the same kind of loan from the Biden administration that Rivian was just awarded, only to be denied at the last...

21.01.2025 10

Fortune

Christiaan Hetzner

Elon Musk lets slip he may have secretly had help in what critics say is the ‘biggest gaming fraud in history’

A bizarre scandal is brewing about whether the entrepreneur lied about being one of the world's best video game players. Now evidence emerged in which...

20.01.2025 6

Fortune

Christiaan Hetzner

Caught secretly selling car owners’ driving data, General Motors slapped with a hefty ban by Lina Khan’s FTC

The U.S. carmaker had been harvesting drivers' data that was of particular value for insurers keen on better assessing the risk posed by...

18.01.2025 60

Fortune

Christiaan Hetzner

Elon Musk’s gaming scandal deepens as X owner attempts to silence streamer Asmongold for blowing the whistle

Elon Musk boasted he's among the world's top ranked video game players. Now he's getting called out by other gamers for supposedly lying about his...

17.01.2025 30

Fortune

Christiaan Hetzner

Elon Musk is already offering the first price cuts for his Tesla Cybertruck

Brand new inventory of the Cybertruck is already being marked down by well over $1,000 each after just one quarter of its entry AWD version having...

16.01.2025 6

Fortune

Christiaan Hetzner

UnitedHealth, employer of slain exec Brian Thompson, found to have overcharged some cancer patients for drugs by over 1,000%

The report is the latest indictment of America’s broken healthcare system.

15.01.2025 3

Fortune

Christiaan Hetzner

Porsche crisis renews calls for part-time CEO Oliver Blume to relinquish dual role at Volkswagen

Soaring costs, declining vehicle sales and problems in China are raising pressure on Oliver Blume to cede one of his two CEO jobs.

15.01.2025 6

Fortune

Christiaan Hetzner

Binance boss CZ calls disgraced FTX founder Bankman-Fried a ‘psychopath’ over tell-all threat

Changpeng Zhao, who suspects FTX of leaking information that endangered his children, had set in motion the events that sank FTX last week and wiped...

15.01.2025 20

Fortune

Christiaan Hetzner

Elon Musk praises the ‘exponential improvement’ he’s seeing in Tesla’s full self-driving software

The Tesla CEO promises to launch a fully unsupervised version of his full self-driving software this year, but the technology is still far from...

14.01.2025 4

Fortune

Christiaan Hetzner

JPMorgan faces internal revolt over RTO mandate—now talk of a Wells Fargo-style labor union is reportedly spreading

Bank employees are discreetly discussing whether to follow the lead from colleagues at Wells Fargo that organized under the umbrella of the CWA guild,...

14.01.2025 10

Fortune

Christiaan Hetzner

Elon Musk’s divisive politics not at fault for Tesla losing support of major European investor

Speaking to Fortune, pension fund provider ABP said it liquidated its entire holding in Tesla long before Musk began wading into politically sensitive...

13.01.2025 4

Fortune

Christiaan Hetzner

Meta’s oversight board blindsided by Mark Zuckerberg’s decision to relax hate speech restrictions

Michael McConnell fears the decision by Meta CEO Mark Zuckerberg to eliminate fact checking will not work.

13.01.2025 5

Fortune

Christiaan Hetzner

Volkswagen’s successor to its iconic 1960s bus scoops up prestigious award in rare win for struggling carmaker

The ailing German brand, facing plant closures at home and declining sales of its once vaunted EVs, hopes the ID. Buzz can revitalize consumer...

10.01.2025 2

Fortune

Christiaan Hetzner

Elon Musk aims to reignite Tesla’s fading momentum by making Model Y look like the CyberCab

Much is riding on the refreshed Model Y, slated to launch in March. The six-year-old crossover accounts for two out of every three Teslas sold.

10.01.2025 4

Fortune

Christiaan Hetzner

Deadly LA wildfires to cost over $50 billion in damages, becoming one of the worst natural disasters in U.S. history

The damage is expected to far exceed the $16 billion in economic losses from Maui's wildfires two years ago. Weather now accounts for almost all of...

09.01.2025 5

Fortune

Christiaan Hetzner

Tesla board that gave itself nearly $1 billion in excess compensation must now return money

Tesla directors settled a nearly five-year long legal dispute that represents the latest critique of the board's lax governance under Robyn Denholm.

09.01.2025 20

Fortune

Christiaan Hetzner

Tesla feature that allows drivers to summon parked cars using their phones faces U.S. safety probe 

A potentially faulty driverless car feature found in roughly 2.6 million Tesla cars on U.S. roads highlights the risks associated with CEO Elon...

08.01.2025 6

Fortune

Christiaan Hetzner

Sam Altman’s sister has taken her graphic claims he sexually abused her to court—‘utterly untrue’ responds the CEO of OpenAI

Ann Altman is asking for $150,000 in damages, alleging her brother repeatedly abused her over the course of roughly nine years

08.01.2025 3

Fortune

Christiaan Hetzner

Lucid Motors’ moment of truth nears as it readies launch of its first SUV, which drives farther than any Tesla on a single charge

The company recently announced it met its full-year target to build 9,000 Air EVs amid a challenging market.

07.01.2025 3

Fortune

Christiaan Hetzner

Tesla battery cell partner CATL threatens to sue Pentagon after landing on ‘blacklist’

A key partner for Elon Musk’s Tesla is threatening to sue the U.S. government over the Pentagon’s decision to blacklist it from federal contracts,...

07.01.2025 4

Fortune

Christiaan Hetzner

Sam Altman says Elon Musk won’t abuse his political power to target competitors, but cautions he ‘may turn out to be proven wrong’

Elon Musk has been testing the limits of his political influence ever since Trump was elected, but he may stop short of using the full force of the...

06.01.2025 3

Fortune

Christiaan Hetzner

Elon Musk won’t abuse his political power to target competitors, says rival OpenAI boss Sam Altman—but cautions he ‘may turn out to be proven wrong’

Elon Musk has been testing the limits of his political influence ever since Trump was elected, but he may stop short of using the full force of the...

06.01.2025 5

Fortune

Christiaan Hetzner

Recession bites as German jobs market faces slowdown ahead of early general election

Germany’s labour market remains stable despite economic challenges, as voters prepare for February’s early general election.

03.01.2025 4

Fortune

Christiaan Hetzner

Cybertruck bomber and New Orleans terrorist shared several commonalities including both renting their vehicles from Turo and serving at the same army base

Authorities continue to examine any possible link that the two deceased suspects were co-conspirators planning coordinated attacks, though nothing...

03.01.2025 8

Fortune

Christiaan Hetzner

Tesla enters new year with laundry list of promises to fulfill after shocking market with its first-ever annual sales decline

Elon Musk's carmaker enjoyed an epic bull run since Trump's election—now he needs to prove he can in fact deliver on his 2025 milestone targets.

03.01.2025 3

Fortune

Christiaan Hetzner

Elon Musk given special praise by Las Vegas police for help investigating Cybertruck blast outside Trump hotel

Thanks to the vehicle’s robust construction, several bystanders suffered only minor injuries in the explosion.

02.01.2025 10

Fortune

Christiaan Hetzner

Elon Musk reveals why he is endorsing Germany’s populist far-right despite ties to neo-Nazi scene — ‘Does that sound like Hitler to you?’

Only the anti-establishment Alternative for Germany can save the country from collapse, the world's richest man wrote in a Sunday column that has...

30.12.2024 10

Fortune

Christiaan Hetzner

Trump’s MAGA base clashes with Musk ‘broligarchs’ over tech’s dependence on employer-tied visas that create ‘indentured servants’

The world's wealthiest tycoon wants more visas for engineering talent, but conservatives including RFK Jr. vice-presidential pick are savaging the...

27.12.2024 4

Fortune

Christiaan Hetzner