Category: News Site

Tesla shares surge 10% after Elon Musk shocks market with tweet about going private

But the plan Musk laid out did not mention anything about that funding, which would total about $71 billion if Musk plans to take Tesla private at $420 a share. Its current market value is $64 billion. A deal of that size would dwarf the previous largest leveraged buyout, TXU, which was valued at $32.11… Continue reading Tesla shares surge 10% after Elon Musk shocks market with
tweet about going private

Elon Musk’s tweets a strategy to distract from Tesla problems: Yale management expert

In an email sent later to Tesla employees, Musk wrote, “a final decision has not yet been made, but the reason for doing this is all about creating the environment for Tesla to operate best.” He also said, “If the process ends the way I expect it will, a private Tesla would ultimately be an… Continue reading Elon Musk’s tweets a strategy to distract from Tesla
problems: Yale management expert

Elon Musk explains why taking Tesla private is ‘the best path forward’

Earlier today, Tesla CEO Elon Musk tweeted about how he’s considering taking Tesla private. Now, Tesla has published an email Musk sent to employees today that describes his rationale. However, no decision has been made yet, Musk wrote in the email. Musk says it’s “the best path forward” because taking Tesla private would help minimize… Continue reading Elon Musk explains why taking Tesla private is ‘the best path forward’

BMW uses Zeplug to touch condos

BMW France has reached an agreement with the start-up Zeplug to offer a complete offer of charging stations for condominiums. Behind the scenes, we knew that contacts had been made. From now on, their collaboration has everything official. BMW France and Zeplug will give their speeches to offer condominiums solutions for charging electric vehicles. A… Continue reading BMW uses Zeplug to touch
condos

Alphabet continues its European development with the Serbia

The long-term renter completes its European network with the opening of an antenna in Serbia in partnership with AKS Fleet Solution. This local actor is currently leading a fleet of 800 vehicles. Alphabet accelerates its European development. After the recent opening of antennas Portugal and in Ireland , the long-term renter announces today its arrival… Continue reading Alphabet continues its European development with the
Serbia

More expensive than the bus, cheaper than the taxi

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Moia makes mobile

T That is one thing, but whether a new business idea prevails on the market is another question. After the Volkswagen subsidiary Moia tested its shuttle service with VW buses in Hanover for several months with 3,500 subscribers, the company is now starting normal business operations. The signs are good. The interest in driving with… Continue reading Moia makes mobile

UPDATE 1-Tesla starts hiring for new $2 bln Shanghai plant

BEIJING/SHANGHAI (Reuters) – Tesla Inc (TSLA.O) has started hiring for a new factory in Shanghai, according to job postings on its website, just a month after the U.S. electric vehicle (EV) maker signed agreements with local authorities for the $2 billion project. People walk past a showroom outside Tesla China headquarters at China Central Mall… Continue reading UPDATE 1-Tesla starts hiring for new $2 bln Shanghai plant

Volkswagen threatens recall of 124,000 electric cars

Tuesday, 07/31/2018 18:56 clock Volkswagen threatens the recall of numerous electric cars due to exposure to the toxic heavy metal cadmium. The group announced that a recall by the Kraftfahrtbundesamt (KBA) was “currently in clarification”. Accordingly, up to 124,000 electric cars are affected. In them, a charger is installed, which contains cadmium to a small… Continue reading Volkswagen threatens recall of 124,000 electric cars