Tesla to launch high-end Model S ‘Plaid’ to fend off Mercedes, Porsche

A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, U.S., April 29, 2016. REUTERS/Lucas Jackson/File Photo Tesla Inc (TSLA.O) will deliver a high-performance version of its Model S on Thursday, aiming to reignite interest in the nearly decade-old sedan and fend off rivals such as Porsche, Mercedes-Benz… Continue reading Tesla to launch high-end Model S ‘Plaid’ to fend off Mercedes, Porsche

Rock Band Pleads for Elon Musk to Send Them to Space for Concert

“We’ve always said that we want to be the first band to play on the International Space Station.” Rock Stars The rock band The Flaming Lips has been a mainstay for decades, but the group still has its sights set on bigger and better things. Namely, frontman Wayne Coyne said on Audacy that he wants… Continue reading Rock Band Pleads for Elon Musk to Send Them to Space for Concert

There’s a Huge Problem With Buying Used Electric Vehicles

Can regulators fix this battery degradation problem? Buying Used The secondhand market for electric vehicles has a serious issue, Vice reports: it’s nearly impossible to figure out the health of any given electric car’s battery. The shortcoming represents a major challenge for automakers. To truly take over the market, they’re going to have to persuade… Continue reading There’s a Huge Problem With Buying Used Electric Vehicles

Ford snags 100,000 F-150 Lightning pre-orders in three weeks

Even though we just learned about Ford’s Maverick pickup, its CEO is talking to the New York Times about the company’s other new electrified pickup. Apparently the F-150 Lightning pre-order count has already reached 100,000, just about three weeks after the electric vehicle was officially unveiled for commercial and retail customers. By comparison, Tesla’s Cybertruck… Continue reading Ford snags 100,000 F-150 Lightning pre-orders in three weeks

SpaceX’s Starlink is in talks with ‘several’ airlines for in-flight Wi-Fi

The team behind SpaceX’s growing satellite internet network Starlink is in talks with “several” airlines to beam internet to their airplanes, the project’s vice president said during a conference panel on Wednesday. Expanding Starlink from rural homes and onto airlines is an expected move for Elon Musk’s space company as it races to open the… Continue reading SpaceX’s Starlink is in talks with ‘several’ airlines for in-flight Wi-Fi

Ford Motor Shows Signs of Revival Under Jim Farley

For years, Ford Motor has been working on a turnaround but showing little progress in the showroom or its profits. But the 118-year-old automaker’s outlook has brightened recently, and many analysts give credit to Jim Farley, who took over as chief executive last October. Ford has introduced several well-received models, including a redesigned F-150 pickup… Continue reading Ford Motor Shows Signs of Revival Under Jim Farley

Tesla (TSLA) could dominate $1.2 trillion market with autonomous, Uber-like vehicle fleet

Tesla (TSLA) is looking at a more-than-decent chunk of a market valued at $1.2 trillion with its upcoming Tesla Network, a new Uber-like ride-hailing service with autonomous electric cars, according to Ark Invest. For years, Tesla has taunted a ride-hailing app to be powered by its self-driving system. It’s been dubbed the “Tesla Network.” The… Continue reading Tesla (TSLA) could dominate $1.2 trillion market with autonomous, Uber-like vehicle fleet

Lordstown Motors erases loss on talks about capital raise

Lordstown Motors Corp. shares swung widely between losses and gains on Wednesday after the electric-vehicle startup said it was in talks with multiple parties to raise capital, a day after warning about a cash crisis. After dropping as much as 21% earlier in the day, the stock surged 15% on the news of the discussions.… Continue reading Lordstown Motors erases loss on talks about capital raise

Tesla Accused of Secretly Selling Part of Bitcoin Hoard

Tesla’s sales seem to have rebounded from a seriously weak April, showing surprisingly strong revenues in the month of May. With the values of Bitcoin slipping even further, that wild ride is leading some to suspect the electric car company may have sold off some of its considerable Bitcoin holdings. According to Bloomberg columnist Liam Denning,… Continue reading Tesla Accused of Secretly Selling Part of Bitcoin Hoard

Auto battery maker LG Energy Solution seeks nod for South Korean IPO …

Auto battery maker and Tesla Inc supplier LG Energy Solution (LGES) applied for preliminary approval of an initial public offering (IPO) that publication IFR said could raise $10 billion-$12 billion in South Korea’s biggest ever listing. LGES and the Korea Exchange announced the application for approval of the previously flagged IPO on Tuesday, without mentioning its size. IFR… Continue reading Auto battery maker LG Energy Solution seeks nod for South Korean IPO …