The 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...
Ford 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...
The electric-car maker’s cash position was closely watched even before its chief executive, Elon Musk, floated the idea of taking the company private.
Microlino, 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...
Who disputed EPA findings that less fuel-efficient cars will be safer? What did a second whistleblower at Tesla's Gigafactory allege? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending August 17, 2018. Friday, another whistleblower came forward at Tesla's Gigafactory with allegations that...
“This past year has been the most difficult and painful year of my career,” said Mr. Musk, the head of Tesla. “It was excruciating.”
“This past year has been the most difficult and painful year of my career,” said Mr. Musk, the head of Tesla. “It was excruciating.”
Just 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...
The news Friday was almost all Tesla, all the time. CEO Elon Musk granted an exclusive interview to The New York Times in which he said his tweet about taking the company private was not vetted by others. Meanwhile, one whistleblower came forward with drug-dealing allegations at the Gigafactory and another tweeted a trove of damning photos. In...
On Thursday, The New York Times published an interview with Tesla CEO Elon Musk that revealed that the company's board may looking for a new operational leader for the company. In the wide-ranging interview, Musk acknowledged that his tweet last week about having "funding secured" to take Tesla private was not cleared by anyone else, including...
