Tesla reported profits, and revealed new model lineups for its Model S and Model X—and another price cut. Volkswagen announced it will build a concept electric dune buggy for the Geneva auto show. Details of the upcoming Porsche 911 Hybrid have emerged. And Shell has bought its first charging network in North America. All this and more on...
As Tesla struggles to balance prices to maintain profitability in the face of lower tax credits for its cars, the company is simplifying its Model S and Model X lineups. After Tesla cut prices across the board to make up for a reduction in the federal tax credits and CEO Elon Musk announced earlier this month that the company would stop taking...
Porsche is known as an engineering company. Its technical solutions are often complex and unusual, but often provide inspiration for others to follow. Now details have filtered out about Porsche's new hybrid-electric powertrain for its upcoming 911, which could inform what engineers are thinking about in terms of bringing hybrid power to other...
Electric cars are getting the attention of oil companies. On Wednesday, one of the largest fast-charging networks in the U.S., Greenlots, announced that it had been bought by oil giant Royal Dutch Shell—via the subsidiary Shell New Energies US LLC. Greenlots includes more than 350 mainly DC fast charge stations across the U.S., the kind...
A VW beach buggy made for blasting over the sand may ride again. Volkswagen confirmed on Wednesday that it will show a concept electric dune buggy at the Geneva auto show in March. Rumors circulated in December that the brand was considering such a move. READ MORE: Fun revival: Electric dune buggy could join VW I.D. line According to Autocar...
Tesla recorded a $139 million profit for the last quarter of 2018, smaller than the $311 million quarterly profit before it, but ended 2018 down nearly $1 billion, the automaker told investors Wednesday. "Last year was the most challenging year in Tesla history, but also the most successful," Tesla CEO Elon Musk said. Revenues for 2018 nearly...
California documents show that higher-trim versions of the 2019 Nissan Leaf Plus won't achieve the estimated 226-mile range. GM will double its investment in engineering new electric and self-driving cars. A new study shows that electric cars are cleaner than gas, even when using electricity from coal. And results from last week's Twitter poll are...
One of the easiest ways for electric-car drivers to get in an argument is discussing how much coal-fired electricity contributes to pollution. Now a new study by BNEF (a Bloomberg spinoff) can help give electric-car drivers some peace of mind in these arguments. It shows that electric cars are cleaner—even when they do run on primarily...
The electric-car maker reported a jump in sales and revenue and said it would have enough cash to pay off bonds coming due in March.
The electric-car maker needs to cut costs, ramp up production, improve service and increase demand. But can its chief executive deliver?
