As Tesla heads into the third quarter, following what Elon Musk called a “tough quarter” for the automaker, analysts are noting which electric vehicle shares are worth investing in. While Tesla’s shares jumped slightly in the last week of Q2, Chinese automaker NIO and fellow U.S. automaker Lucid both saw their shares drop. Tesla’s stock jumped… Continue reading Clean Technica: Tesla [TSLA] Shares Strong Going into Q3, Especially Compared to NIO or Lucid 002100
Tag: Tesla
Clean Technica: Tesla Pausing Production at Giga Berlin & Shanghai to Upgrade Assembly Lines002099
Even with Tesla’s newly completed Gigafactories in Berlin and Shanghai, the automaker is working to expand production even further. Over the next month or so, Tesla plans to significantly increase production at both of these plants, but the automaker may have to take a costly production break to upgrade the sites. Tesla is pausing production… Continue reading Clean Technica: Tesla Pausing Production at Giga Berlin & Shanghai to Upgrade Assembly Lines002099
Clean Technica: Converting This 1977 Porsche 911 To Electric Yields 600 BHP From Tesla Motor002098
“The drive unit was put on a dyno and got to 600 BHP, then it overheated the dyno!” Well, then it’s probably powerful enough. Kit Lacey of eDub Services in the UK is proud of his work converting an iconic 1977 Porsche 911. Some will call it sacrilege, but hey, the customer sold the original… Continue reading Clean Technica: Converting This 1977 Porsche 911 To Electric Yields 600 BHP From Tesla Motor002098
Elon Musk Officially Giving Up on Buying Twitter
Twitter is confident it will “prevail” in court. Giving Up Tesla CEO Elon Musk is officially trying to back out of his bid to buy Twitter for $44 billion, the BBC reports. That means he will either have to pay a $1 billion fine, as stipulated in the agreement — or take Twitter to court.… Continue reading Elon Musk Officially Giving Up on Buying Twitter
Elon Musk is officially trying to kill his Twitter takeover
Elon Musk is officially trying to pull the plug on the $44 billion deal to buy Twitter. In an SEC filing, Musk’s lawyers said the Tesla CEO wishes to terminate the agreement because of “false and misleading representations” made by Twitter. In a statement, Twitter’s Board of Directors said it still “intends to close the… Continue reading Elon Musk is officially trying to kill his Twitter takeover
Lightyear 0
The 0’s astounding efficiency comes from many places: the aerodynamic efficiency for one but also the extremely narrow tyres and the unique electric motor design. Rather than use inboard motors, like all makers of road-going EVs have done to date, Lightyear has co-developed an in-wheel motor with Slovakian supplier TK. Along with a thin disc… Continue reading Lightyear 0
Twitter vows legal fight after Musk pulls out of $44b deal
Elon Musk, the chief executive officer of Tesla and the world’s richest person, said on Friday he was terminating his $44 billion deal to buy Twitter because the social media company had breached multiple provisions of the merger agreement. Twitter’s chairman, Bret Taylor, said on the micro-blogging platform that the board planned to pursue legal… Continue reading Twitter vows legal fight after Musk pulls out of $44b deal
Elon Musk proves he’s the wrong man to save the world
It’s on. Elon Musk has officially filed to kill his own Twitter acquisition, and Twitter is calling his bluff. They’ll see Musk in court. And while it’s only going to get messier from here, one important verdict has already been rendered by Elon Musk himself: he doesn’t have what it takes to run Twitter. And… Continue reading Elon Musk proves he’s the wrong man to save the world
Tesla shares get baby bump as Elon Musk tries to pull out of Twitter deal
Tesla shares received an upwards bump in after-hours trading Friday as investors reacted positively to Elon Musk’s move to terminate his $44 billion deal to buy Twitter. Tesla shares rose 14.51% to close at $752.29 on Friday. The share price continued to edge higher after regular trading hours by as much as 3.39%, before settling… Continue reading Tesla shares get baby bump as Elon Musk tries to pull out of Twitter deal
Elon Musk and the $44 billion Twitter buyout he’s trying to terminate
First, we learned that Elon Musk had purchased enough shares of Twitter to become its largest individual shareholder. The company announced Musk would take a seat on its board of directors, but within the space of a week, that plan unraveled, and Musk informed the board he would not accept the position. Elon’s next move… Continue reading Elon Musk and the $44 billion Twitter buyout he’s trying to terminate