Tesla exec turnover soars as Model 3 pressure builds

Tesla Motors, Palo Alto, CaliforniaTesla says it will put its mass-priced Model 3 electric car into production by July, and ramp up production extremely quickly from there. CEO Elon Musk hopes to be building 5,000 cars each week by the end of the year; he previously set a goal of producing 500,000 cars across all model lines by the end of 2018. The Model 3 is the vital linchpin of...

Toyota CEO Akio Toyoda to run electric-car division

Akio ToyodaIt's now abundantly clear that Toyota is changing course when it comes to zero-emission vehicles. After years of promoting hydrogen fuel cells while shunning and disparaging battery-electric cars, the company now plans to introduce a mass-market electric car by 2020. The fact that Toyota is reportedly only now assembling the team to develop that...