Elon Musk’s Ultimatum to Tesla: Fight the S.E.C., or I Quit
Tesla’s board caved to the company co-founder’s demand, according to people familiar with the board’s decision. Two days later, the company and Mr. Musk settled with regulators.
The Tesla Model 3 is the fifth best-selling car in the United States. California overrules the EPA's emissions freeze. Honda recalls the 2019 Insight. Mazda announces its electric lineup with a familiar engine acting as a range extender. And Kia scraps plans for the Sorento diesel in the U.S. All of this and more on Green Car Reports. The Tesla...
At its meeting on Friday, the California Air Resources Board officially confirmed that it will stick with planned increases in emissions and fuel economy standards for cars sold in the state. The move was expected after CARB said in August that it would not follow the Trump Administration's move to freeze federal emissions and fuel economy...
The Kia Sorento may not get a diesel version for the U.S. after all. On the eve of the Paris Motor Show and the introduction of the production-spec Kia Niro EV, company officials have confirmed that it’s shelved plans to bring any diesel model Stateside for now. The hold is officially temporary, but it's hard to see how it changes anytime...
Tesla announced Tuesday that it delivered 55,843 Model 3s between July and September, confirming reports that the company's mass-market electric is the fifth bestselling car model in the United States. That slightly exceeded the number of Model 3s Tesla said it produced in the third quarter: 53,239. It indicates that the company still hasn't...
The electric-car revolution may give new life to an old gas engine. On Tuesday, timed to coincide with the Paris auto show, Mazda announced it will add plug-in capability and electric power to all of its models by 2030. Some will be plug-in hybrids or range-extended electric cars—with a twist. The company formally confirmed what it had...
The 2019 Honda Insight hybrid hasn't been on sale for long; and yet Honda is already recalling more than 6,000 of them for a rearview camera failure. The problem affects another 226,000 vehicles—2018 Accord models, possibly including some Accord Hybrids. The screen may show up blank, with only lane guidance lines appearing under certain...
Automakers are launching a race to build electric cars that can charge as fast filling a gas tank. When the first electric cars launched in 2011, buyers and fans were clamoring for CHAdeMO fast charging that operates at about 50 kilowatts and could recharge a short-range electric car (to 80 percent capacity) in about a half hour. When Tesla's...
Audi plans to expand its line of plug-in hybrid vehicles. Pininfarina taps Rimac to build its electric hypercar's powertrain. Tesla CEO Elon Musk settles his SEC lawsuit in a surprising way. A utility survey shows more support for renewable power than utility companies can handle. And we ask how "fast" is fast charging in our latest Twitter poll...
The Audi e-tron electric crossover won't be the only new model with a plug coming soon. The company plans up to 12 new plug-in models by 2025, Audi revealed at the launch event for the e-tron quattro SUV in California last month, according to a report in British magazine Autocar. In addition to the e-tron SUV, the company will produce a fastback...
Automobili Pininfarina, which is developing a multi-million-dollar electric hypercar under the classic Italian designer name, announced a deal to develop its cars' electric powertrain, as well as a new headquarters and executive team on Friday. The new company will partner with Croatian electric super-car builder Rimac to develop powertrain...
Americans want renewable electricity, and they want it now. That's the conclusion of a new study that has large power providers buzzing with nerves, according to a recent report on Vox. The report, done for the Edison Electric Institute and presented at a recent meeting of the utility trade group, shows that 70 percent of Americans said they want...
Tesla CEO Elon Musk on Saturday settled a lawsuit with federal regulators alleging that the controversial executive bilked investors and lied when he announced the automaker had "funding secured" to buy back millions in shares to take the company private. The Securities and Exchange Commission announced the settlement Saturday. According to the...