Report: SEC investigating Musk tweet about taking Tesla private

Elon Musk at Tesla Model 3 revealThe Wall Street Journal reported Wednesday that federal financial regulators may be investigating a series of tweets sent by Tesla CEO Elon Musk suggesting that the automaker was considering a large-scale stock buyback to take the company private. SEC investigators may be considering a range of violations that include failing to disclose to...

Tesla board confirms it will consider Musk’s privatization plan

2017 Tesla Model 3, in photo tweeted by Elon Musk on July 9, 2017Six of Tesla's board members issued a statement Wednesday morning confirming that they have been in discussions with CEO Elon Musk about taking the company private. On Tuesday, Musk revealed on Twitter that he was considering privatizing the company after taking it public in 2010. He set a target stock price of $420 a share and said he had...

Sono Sion solar car starts testing in Germany

Sono Sion solar charged electric carSolar cars are like sunny days—always waiting for tomorrow. Now the dawn may be breaking on that tomorrow with the small, crowd-funded Sono Sion solar car in Germany. The company has raised enough online funding to begin testing, according to a Reuters report carried by Autoblog. The car is mainly battery-powered, but the roof, doors, and...

Zero emissions vs. “Hybrid”: When is a Nissan Leaf not “green?”

2015 Nissan Leaf Zero Emissions badgeDedicated reader John Briggs wrote in to Green Car Reports share his unfortunate experience with the airport police in Boston. We found his story so compelling, instructive—and dare we say entertaining?—that we felt it worthy of sharing. The following are his words, lightly edited for style. Sometimes a seemingly simple plan can fall...

Elon Musk announces he’s considering taking Tesla private (Updated)

Tesla Motors CEO Elon Musk at Tesla Store opening in Westfield Mall, London, Oct 2013Tesla CEO Elon Musk said Tuesday he is considering taking the electric car company private. The executive posted on Twitter, "Am considering taking Tesla private at $420 a share." Tesla's stock bounced 7.3 percent Tuesday immediately after the news. Trading was halted for well over an hour on Tuesday. Shareholders could either to sell at 420 or...

Refreshed Land Rover lineup to include new plug-in hybrid

Jaguar Land Rover electrified vehicle conceptsLand Rover and its sister company Jaguar each are planning new lineups by 2024 and 2025 respectively. We've heard a lot about Jaguar's plans to launch a gas, hybrid, and electric version of everything it sells by 2025. Land Rover's plans have been more opaque. Now British car magazine Autocar reports that the company will launch four new models by...

Which modern electric car will be the first classic? Twitter poll results

2011 Tesla Roadster Final Edition, photograph copyright Damon Lavrinc / AOLElectric cars are changing the automotive landscape, technologically and culturally. Those factors are what often make things classic, whether it's in music, architecture, or automobiles. Various people have weighed in recently on which of today's green cars will become tomorrow's classics, from Hagerty Insurance selecting the Tesla Model S as the...

The 7 best plug-in cars for students going back to school

2018 Kia Niro Plug-In Hybrid, Six Flags Magic Mountain, California, Dec 2017Today's environmentally conscious students are thinking more about the environment in the choices they make. They still need to get around, but they may be less likely to accept the price of doing so in a car with a tailpipe spewing pollution and greenhouse gasses into the atmosphere. Many may need to make long trips back and forth to school that...

Post-Peak: plug-in electric-car sales in Canada for July

Tesla Model 3 bought [Photo by reader AH]Sales data for plug-in cars in Canada in June and July show the effect of large purchase incentives. In its first full month of availability in Canada in June, the Tesla Model 3 racked up 2,329 sales, shattering the country’s monthly record for electric-car sales and making it the 16th bestselling car in the country overall. According to...