NXP’s Kurt Sievers Steps Down: Presidential Role Handed Over Ahead of Retirement

April 29, 2025 – Dutch semiconductor giant NXP Semiconductors revealed in its first-quarter earnings announcement yesterday (local time) that its Chief Executive Officer and then-President Kurt Sievers intends to retire from the company by the end of this year. The decision, which was unanimously endorsed by NXP’s board of directors, has already seen Sievers step…

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Musk Surprised: California EV Subsidies to Exclude Tesla

November 26, 2024 – On Monday, California Governor Gavin Newsom declared that if President Trump decides to abolish the federal tax credit for electric vehicles (EVs) upon taking office, the state of California will introduce a separate rebate program for EV buyers. However, he also mentioned that the current proposal excludes Tesla’s popular models, and…

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