Tesla to Go Private? Stock Soars After Elon Musk Hints Yes
Tesla’s chief executive suggested that being a public company, beholden to shareholders, created perverse incentives for short-sellers.
We round up the best plug-in electric cars for students going back to school. Land Rover plans for a new Evoque plug-in SUV. The EPA says turbochargers and multi-speed transmissions don't save much fuel, but we analyze the claim. And the results are in for our latest Twitter poll. All of this and more on Green Car Reports. It's nearly time for...
Land 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...
Electric 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...
In President Trump's plan to freeze fuel economy standards last week, the EPA and NHTSA made a strange statement. They said that two of the main technologies used to improve fuel economy standards—turbocharging and multi-speed transmissions—were not as effective as had been expected. Having studied fuel economy standards from their...
Today'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...
Nissan announced Friday that it sold its in-house battery division in a business deal that has been a long time in the making. Electric car sales drop off in Canada after purchase incentives were canceled in Ontario. We look at how Tesla's lawsuit in Michigan could open its ability to sell cars nationwide—eventually. And our latest Twitter...
In a case that could be a bellwether for Tesla, the car company has won some opening skirmishes in its 2016 lawsuit against the state of Michigan, which forbids the company from operating stores or selling cars in the state. If Tesla wins the big prize in its Michigan court battle—the right to sell its cars directly in the capital of...
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...
Spreading electric car chargers will do little good if they don't work. Studies repeatedly show that one of the most important things needed to spread adoption of electric cars is to install more public chargers for them. Expanding public charging infrastructure makes it more convenient to own an electric car, makes it possible for electric-car...
When it comes to electric-car batteries, Nissan is no longer going its own way. The company that launched the first modern, mass-market all-electric car has sold its electric-car battery subsidiary, Automotive Energy Supply Corporation (AESC) to Envision Group, a Chinese renewable energy company. The two firms announced the deal on Friday. "With...
Chevrolet's Volt wasn't the original, or even the first Volt from GM. Electric Auto Corporation receives that distinction for their car built in 1980, at the height of America's second gas crisis. It built the Silver Volt, a plug-in hybrid based on a contemporary Buick station wagon—16 years before the GM EV1. CHECK OUT: Modern electric cars...
What cars were Tesla Model 3 buyers most likely to trade in? Which company just announced the largest diesel emissions recall in history? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending Aug. 3, 2018. Friday, we learned that Teslas will soon get new Autopilot hardware, which will...
Tesla will release a new Autopilot system later this month. The Tesla Model S and Model X electric cars are in for interior redesigns. A Chevy Volt owner takes a look at the Honda Clarity Plug-In Hybrid. And what Tesla's recent stock price jump means for short-sellers and the company. All of this and more on Green Car Reports. Electric-car maker...
Investors Wednesday heard enough good news from Tesla to ignore worries about the company's appetite for cash and hurried production pace to rally the stock to its biggest one-day gain in roughly 5 years. By Friday morning the stock had surged above $350 from $300 on Wednesday afternoon. That led the sizable number of short-sellers who borrowed...
Apparently the problem with the Tesla Model S and Model X was that they're too normal. They have a separate instrument cluster—a digital one—behind the steering wheel and a few solid controls. Tesla must think that's too much. The company is designing a new interior for them that looks a lot like the one in the Model 3, first reported...
Tesla announced Wednesday that it would release a complete update to its Autopilot system later this month, including new self-driving capabilities. The new version, which Tesla owners and fans have long-awaited, will update the system with faster hardware as well as new optical software that CEO Elon Musk says will improve safety. Pete Bannon, a...
I’ve owned two Chevrolet Volts, an early 2011 model and, currently, a second-generation 2017 version. I have loved them both. They’re sleek, sprightly, and have enough electric range to cover most driving. For longer trips, the gas engine kicks in when the charge runs out. The Volt, to me, is the perfect compromise between electric and...
Tesla CEO Elon Musk promises profits going forward. The Trump administration releases its proposal to freeze fuel economy and emissions standards. A California study details how the state can power up to 5 million electric cars without stressing the grid. And the cars Model 3 buyers trade in for their new electric car says something about them...