DealBook Briefing: Elon Musk Turned Down a Fraud Settlement With the S.E.C.
The Tesla C.E.O. is accused of fraud by the S.E.C., which could effectively oust him from his current position at the company.
2019 BMW i3 to get bigger battery with 153-mile range
The 2019 BMW i3 will get a larger battery, good for 153 miles of range, up from 115 miles for the 2018 model, the automaker announced Friday. BMW refers to the new battery in the 2019 model as the 120 amp-hour battery, which delivers total energy storage of 42.2 kilowatt-hours with the i3's 350-volt high-voltage power system. The new battery will... SEC sues Tesla CEO Elon Musk over going-private tweet
The Securities and Exchange Commission sued Tesla CEO Elon Musk for securities fraud Thursday over his Aug. 7 tweet when he announced he had "funding secured" to take Tesla private. In the complaint, filed in federal court in Manhattan, the SEC said Musk made "'false and misleading public statements and omissions" that harmed investors. The suit... Tesla Chief Elon Musk Is Sued by S.E.C. in Move That Could Oust Him
The Securities and Exchange Commission filed a lawsuit Thursday that accused Mr. Musk, the electric-car manufacturer’s chief executive, of making false and misleading public statements.
2019 Jaguar I-Pace, California electric-car rebates, and latest Elio Motors plans: Today’s Car News
We spend three days with the 2019 Jaguar I-Pace for a real-world review. California considers upping its electric-car rebate. Elio Motors ditches plans to build its own engines. And electric cars may not be so innocent when it comes to parking in designated charging spots. All of this and more on Green Car Reports. GCR spent three days in the real... Elio Motors to buy engines, abandons building its own
Elio Motors, which has been struggling since 2009 to build its own ultra-cheap, small, fuel-efficient, three-wheeled car, announced Thursday that it will source an engine from a major automaker. Previously, the company planned to build its own 3-cylinder engine with up to 55 horsepower for its projected 84-mpg three-wheeler. The company did not... California considers boosting electric-car rebate to $4,500
![Chevrolet Bolt EV being charged outside Go Forth electric-car showroom, Portland [photo: Forth]](https://images.hgmsites.net/tmb/chevrolet-bolt-ev-being-charged-outside-go-forth-electric-car-showroom-portland-photo-forth_100606247_t.gif)
The California Air Resources Board will discuss Thursday and Friday raising the state's electric vehicle rebate to offset the expiration of federal tax credits for the two largest electric-carmakers, Tesla and GM. The state offers a $2,500 subsidy for electric-car purchases. CARB is considering raising that amount to $4,500, according to... 2019 Jaguar I-Pace real-world review: 3 days with the sexy electric crossover
To the world’s surprise, the first all-electric luxury utility vehicle to follow the Tesla Model X into production did not come from the German makes of Audi, BMW, or Mercedes-Benz. Instead, it arrived from that trio’s smaller, scrappier British rival, Jaguar Land Rover. The 2019 Jaguar I-Pace will arrive in dealerships for... Illegal parking in charging spots: The culprit? Electric cars
A whole Hatfields and McCoys culture has grown up around parking in electric-car charging spaces, with electric-car drivers who need juice facing off against conventional cars—and sometimes other electrics who park there and don't plug in or stay longer than they need to. Now a study conducted this summer of who gets parking tickets in... Want an Audi e-tron quattro electric? Expect to wait
With its first electric car, Audi plans to change more than what powers the car. Ripping another page from Tesla's playbook, the traditional car company plans to reserve its new electric 2019 Audi e-tron SUV for special orders. Instead of selecting among a wide variety of cars on a local dealer's lot, customers will have to put down a deposit and...