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Grohmann Engineering
Tesla Automation GmbH (formerly Grohmann Engineering GmbH) is a German engineering automation company based in Prüm in the state of Rhineland-Palatinate. The company operates a development center in Neutraubling, Bavaria, as well as support offices in Chandler, Arizona, and Shanghai, China. The company was founded in 1963 by Klaus Grohmann and acquired by Tesla, Inc., in January 2017. Klaus Grohmann was ousted after clashing with Tesla CEO Elon Musk. The product portfolio includes machinery for the production of microprocessors and memory chips, airbag sensors and power steering controllers, as well as systems for the production of car door and roof seals, lithium-ion battery cells and modules. Among other things, the company manufactures robotics that are used in the battery and electronics production for Tesla, Inc. at its Gigafactory 1. The firm works closely with universities within dual track studies of Mechanical Engineering and Robotic Process Automation. In addition, i ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Mechanical Engineering
Mechanical engineering is the study of physical machines that may involve force and movement. It is an engineering branch that combines engineering physics and mathematics principles with materials science, to design, analyze, manufacture, and maintain mechanical systems. It is one of the oldest and broadest of the engineering branches. Mechanical engineering requires an understanding of core areas including mechanics, dynamics, thermodynamics, materials science, structural analysis, and electricity. In addition to these core principles, mechanical engineers use tools such as computer-aided design (CAD), computer-aided manufacturing (CAM), and product lifecycle management to design and analyze manufacturing plants, industrial equipment and machinery, heating and cooling systems, transport systems, aircraft, watercraft, robotics, medical devices, weapons, and others. Mechanical engineering emerged as a field during the Industrial Revolution in Europe in the 18th century; ...
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2017 Mergers And Acquisitions
Seventeen or 17 may refer to: *17 (number), the natural number following 16 and preceding 18 * one of the years 17 BC, AD 17, 1917, 2017 Literature Magazines * ''Seventeen'' (American magazine), an American magazine * ''Seventeen'' (Japanese magazine), a Japanese magazine Novels * ''Seventeen'' (Tarkington novel), a 1916 novel by Booth Tarkington *''Seventeen'' (''Sebuntiin''), a 1961 novel by Kenzaburō Ōe * ''Seventeen'' (Serafin novel), a 2004 novel by Shan Serafin Stage and screen Film * ''Seventeen'' (1916 film), an American silent comedy film *''Number Seventeen'', a 1932 film directed by Alfred Hitchcock * ''Seventeen'' (1940 film), an American comedy film *''Eric Soya's '17''' (Danish: ''Sytten''), a 1965 Danish comedy film * ''Seventeen'' (1985 film), a documentary film * ''17 Again'' (film), a 2009 film whose working title was ''17'' * ''Seventeen'' (2019 film), a Spanish drama film Television * ''Seventeen'' (TV drama), a 1994 UK dramatic short starring Christ ...
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Mechanical Engineering
Mechanical engineering is the study of physical machines that may involve force and movement. It is an engineering branch that combines engineering physics and mathematics principles with materials science, to design, analyze, manufacture, and maintain mechanical systems. It is one of the oldest and broadest of the engineering branches. Mechanical engineering requires an understanding of core areas including mechanics, dynamics, thermodynamics, materials science, structural analysis, and electricity. In addition to these core principles, mechanical engineers use tools such as computer-aided design (CAD), computer-aided manufacturing (CAM), and product lifecycle management to design and analyze manufacturing plants, industrial equipment and machinery, heating and cooling systems, transport systems, aircraft, watercraft, robotics, medical devices, weapons, and others. Mechanical engineering emerged as a field during the Industrial Revolution in Europe in the 18th century; ...
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Tesla Factories
Tesla most commonly refers to: * Nikola Tesla (1856–1943), a Serbian-American electrical engineer and inventor * Tesla, Inc., an American electric vehicle and clean energy company, formerly Tesla Motors, Inc. * Tesla (unit) (symbol: T), the SI-derived unit of magnetic flux density Tesla may also refer to: Companies and organizations * Tesla (Czechoslovak company), a former state-owned conglomerate in the former Czechoslovakia * Tesla Electric Light and Manufacturing, a former company in Rahway, New Jersey, US * Tesla Science Center at Wardenclyffe, a proposed science museum in New York, US Media and entertainment * Tesla (band), an American hard rock band formed in Sacramento, California * ''Tesla – Lightning in His Hand'', a 2003 opera by Constantine Koukias * "Tesla", a song on the 2013 album ''Nanobots'' by They Might Be Giants * ''Tesla'' (2016 film), a 2016 film by David Grubin * ''Tesla'' (2020 film), a 2020 film by Michael Almereyda Places * Tesla, a former coal mi ...
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Works Council
A works council is a shop-floor organization representing workers that functions as a local/firm-level complement to trade unions but is independent of these at least in some countries. Works councils exist with different names in a variety of related forms in a number of European countries, including Britain (''joint consultative committee'' or ''employees’ council''); Germany and Austria (''Betriebsrat''); Luxembourg (''comité mixte'', ''délégation du personnel''); the Netherlands (''Dienstcommissie, Ondernemingsraad'') and Flanders in Belgium (''ondernemingsraad''); Italy (''comitato aziendale''); France (''comité social et économique''); Wallonia in Belgium (''conseil d'entreprise''), Spain (''comité de empresa'') and Denmark (''Samarbejdsudvalg'' or ''SU''). One of the most commonly examined (and arguably most successful) implementations of this institution is found in Germany. The model is basically as follows: general labour agreements are made at the national l ...
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Collective Agreement
A collective agreement, collective labour agreement (CLA) or collective bargaining agreement (CBA) is a written contract negotiated through collective bargaining for employees by one or more trade unions with the management of a company (or with an employers' association) that regulates the terms and conditions of employees at work. This includes regulating the wages, benefits, and duties of the employees and the duties and responsibilities of the employer or employers and often includes rules for a dispute resolution process. Finland In Finland, collective labour agreements are universally valid. This means that a collective agreement in an economic sector becomes a universally applicable legal minimum for any individual's employment contract, whether or not they are a union member. For this condition to apply, half of the workforce in that sector needs to be union members, thus supporting the agreement. Workers are not forced to join a union in a specific workplace. Nevertheless, ...
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Tesla Model 3
The Tesla Model 3 is a compact executive sedan that is battery powered and produced by Tesla. Limited production of the Model 3 began in mid-2017, with the first production vehicle rolling off the assembly line on July 7, 2017. The official launch and delivery of the first 30 cars took place on July 28. The base Model 3 delivers an EPA-rated all-electric range of and the Long Range version delivers . According to Tesla, the Model 3 carries full self-driving hardware, with periodic software updates adding functionality. The Model 3 was marketed as being more affordable to more people than previous models by Tesla. Since early 2020, the Model 3 is the bestselling electric car in world history, and, in June 2021, became the first electric car to pass the 1 million global sales milestone. The Model 3 has been the world's top selling plug-in electric car (PEV) for three years running, from 2018 to 2020. It has also been the bestselling PEV in the United States for three ...
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Daimler AG
The Mercedes-Benz Group AG (previously named Daimler-Benz, DaimlerChrysler and Daimler) is a German multinational automotive corporation headquartered in Stuttgart, Baden-Württemberg, Germany. It is one of the world's leading car manufacturers. Daimler-Benz was formed with the merger of Benz & Cie. and Daimler Motoren Gesellschaft in 1926. The company was renamed DaimlerChrysler upon acquiring the American automobile manufacturer Chrysler Corporation in 1998, and was again renamed Daimler AG upon divestment of Chrysler in 2007. In 2021, Daimler AG was the second-largest German automaker and the sixth-largest worldwide by production. In February 2022, Daimler was renamed Mercedes-Benz Group. The Mercedes-Benz Group's marques are Mercedes-Benz for cars and vans (including Mercedes-AMG and Mercedes-Maybach) and Smart. It has shares in other vehicle manufactures such as Daimler Truck, Denza, BAIC Motor and Aston Martin. By unit sales, the Mercedes-Benz Group is the thirteenth- ...
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Welt (German TV Channel)
Welt (formerly N24) is a German free-to-air television news channel owned by WeltN24 GmbH. It also provides regular news updates to ProSiebenSat.1 Media properties like ProSieben and kabel eins. On 21 September 2017, WeltN24 announced that N24 would be rebranded as "Welt" on 18 January 2018. WeltN24 also publishes Die Welt, a conservative-leaning newspaper. History In the late 1990s, in the heat of the dot-com bubble ProSieben Media Group, then consisting of two TV channels (ProSieben and Kabel 1) whose programming largely consisted of US movies, sitcoms and series, tried to take over German television news channel n-tv, then owned by Handelsblatt and CNN. After the attempt failed, ProSieben Media purchased German newswire ddp (now dapd) and announced the launch of its own news channel soon afterwards, by consolidating ProSieben's news department. The channel was launched on 24 January 2000 at noon, from ProSieben Media's headquarters in Unterföhring near Munich. In collab ...
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Tesla Motors
Tesla, Inc. ( or ) is an American multinational automotive and clean energy company headquartered in Austin, Texas. Tesla designs and manufactures electric vehicles (electric cars and electric truck, trucks), battery energy storage from home to Grid-scale storage, grid-scale, solar panels and Solar roof shingles, solar roof tiles, and related products and services. Tesla is one of the list of public corporations by market capitalization, world's most valuable companies and remains the world's most valuable automaker with a market capitalization of more than US$550 billion. In 2021, the company had the most worldwide sales of battery electric vehicles and plug-in electric vehicles, capturing 21% of the battery-electric (purely electric) market and 14% of the plug-in market (which includes plug-in hybrids). Through its subsidiary Tesla Energy, the company develops and is a major installer of photovoltaic systems in the United States. Tesla Energy is also one of the lar ...
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Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a " Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sherid ...
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