New report inside Tesla factory says Model 3 production improving

Tesla Model 3 all-wheel drive Performance rolls off a new assembly line in a temporary structureA new independent report from inside Tesla's Fremont factory shows production of the Model 3 is becoming sustainable. The report, from automotive analysts Eversource ISI Research in London and first carried in FT Alphaville, shows Model 3 production improving, and that the new General Assembly line 4 is making a significant contribution. Tesla...

Saudi investment fund reportedly wants stake in Lucid Motors

Lucid AirThe Saudi Arabian sovereign wealth fund may be planning to buy a stake in potential Tesla rival Lucid Motors, according to a Reuters report. Tesla CEO Elon Musk suggested last week that he had held talks with the same Saudi investment fund. The report says that the fund has drawn up a term sheet to invest $500 million in Lucid. It could invest up...

2019 Ford Fusion Energi gets longer electric range

2019 Ford Fusion EnergiFord is boosting the battery size and electric range of its Fusion Energi plug-in hybrid sedan for 2019. The new battery will store 9 kwh, up from 7 kwh, to give the 2019 Fusion Energi a range of 25 electric miles, up from 21 miles. The bigger battery should make the Fusion Energi more competitive with alternatives such as the Toyota Prius Prime...

Updated electric Isetta microcar ready for sale in Europe

Micro Mobility Systems MicrolinoMicrolino, the maker of scooters and kickboards is ready to launch an electric microcar in Europe. Run by two Swiss brothers, the company unveiled its recreation of the tiny single-door BMW Isetta at the Geneva auto show two years ago, and has now partnered with with boutique Italian coachmaker Tazzari to build up to 10,000 copies of the car a...

Opinion: Tesla’s CEO needs help, but will he take it?

'Revenge of the Electric Car' premiere: Elon Musk arrives in a Tesla RoadsterJust as Tesla is beginning to straighten out manufacturing problems with its Model 3, the executive suite seems in the midst of a nuclear meltdown. In a wide-ranging interview with The New York Times on Thursday, CEO Elon Musk admitted to being spread thin, having the most difficult and painful year in his career, and to hastily dashing off a...