More in Vehicles & Technology

  • Newswire

    Tesla Hikes Share Offering to $642.5 Million  

    The electric-vehicle maker says it will offer 2.7 million shares valued at $642.5 million, nearly 30% higher than the $500 million sale announced Thursday....More
  • Newswire

    UPDATE 3-Musk to invest $20 mln in Tesla's $500 mln share sale  

    (Adds Breakingviews link) By Sagarika Jaisinghani and Arunima Banerjee Aug 13 (Reuters) - Tesla Motors Inc CEO Elon Musk will invest $20 million as part of the company's $500 million stock offering in a show of confidence at a time when the electric car maker is burning through cash. Tesla said on Thursday it would use the proceeds from the sale to help fund its upcoming Model 3 project and its battery gigafactory in Nevada. (http://bit.ly/1TuIQJa)...More
  • Newswire

    Audi, Samsung, LG Team to Develop EV Batteries  

    The companies say they will develop batteries for electrically powered SUVs with a range of more than 500 km (300 miles) per charge....More
  • Aug 10, 2015
    Article

    Information Technology Making Mean Streets Less Mean 1

    While private vehicle ownership is not particularly desirable, it can be regulated economically while complementing growth of the transportation ‟sharing economy,” specialists in urban mobility say....More
  • Newswire

    Tesla Founder Musk Promises Profitability by 2016  

    The electric-vehicle maker's CEO has set a first-quarter 2016 deadline, less than a year and a half from now, for Tesla to become profitable enough to expand both its product lineup and its electric-power-storage enterprise....More
  • Newswire

    LyondellBasell Purchases Indian PPC Auto Supplier  

    LyondellBasell, a plastics and chemicals manufacturer, says its purchase of polypropylene maker SJS Plastibends will augment its push into India's expanding automotive market....More
  • Newswire

    Tesla Fixing Hacked Software in Model S  

    The Financial Times reports two cybersecurity experts took control of the electric vehicle and shut it down as it traveled at 5 mph....More
  • Aug 6, 2015
    blog

    The World According to Tesla 2

    If you work at Tesla, which is valued at about $25 billion and sells just one very good luxury car, the possibilities must seem limitless....More

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