German Handelsblatt: Electromobility: It doesn’t get more German – the Audi A6 50 e-tron in the Handelsblatt test000915

Confident front As a plug-in hybrid, the Audi A6 is the dynamic alternative to the A8. The average managing director in Germany is male, 52 years old, earns 178,000 euros a year – and prefers to drive an Audi A6. Hardly any car in the premium class meets the taste of company car drivers so… Continue reading German Handelsblatt: Electromobility: It doesn’t get more German – the Audi A6 50 e-tron in the Handelsblatt test000915

Interview: Daimler to accelerate electric car business in China: CEO – Belarus News (BelTA)

German Chancellor Angela Merkel (L) talks with Ola Kaellenius (R), CEO of Daimler, at the International Motor Show (IAA) 2019 in Frankfurt, Germany, Sept. 12, 2019. GENEVA, 8 December (BelTA – Xinhua) – Ola Kaellenius, chief executive officer (CEO) of Daimler, told Xinhua the German automaker is eyeing new opportunities in China’s rapidly growing market… Continue reading Interview: Daimler to accelerate electric car business in China: CEO – Belarus News (BelTA)

Volkswagen explores new sales model for electric models in China

By Reuters Staff 3 Min Read BEIJING (Reuters) – Volkswagen AG is launching another sales model in China that will see the automaker open showrooms in city centres for electric vehicles (EV) and offer fixed prices, departing from the conventional sales system used by the wider industry. FILE PHOTO: A man uses phone under a… Continue reading Volkswagen explores new sales model for electric models in China

Rivian is building its own EV charging network, but with an adventurous twist

Drivers cruising along an off-the-beaten track might stumble upon an unusual sight in the coming months: a Rivian electric charging station. The electric automaker has designed and is now starting to build out a network of electric vehicle charging stations throughout the United States as it prepares for the first deliveries of its R1T pickup… Continue reading Rivian is building its own EV charging network, but with an adventurous twist

Tesla (TSLA) announces $5 billion capital raise at insane stock price

Tesla (TSLA) is announcing today a new $5 billion capital raise as the automaker simply couldn’t resist raising money at low dilution, thanks to its insane stock price. In 2020, Tesla has already done two capital raises; $2 billion in February and $5 billion in September. That’s after CEO Elon Musk said that Tesla wouldn’t raise money again,… Continue reading Tesla (TSLA) announces $5 billion capital raise at insane stock price

Tesla’s Musk relocates to Texas from California; compares himself to war general

By Reuters Staff 2 Min Read FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the automobile awards “Das Goldene Lenkrad” given by a German newspaper in Berlin, Germany, November 12, 2019. REUTERS/Hannibal Hanschke/File Photo (Reuters) -Silicon Valley billionaire Elon Musk said on Tuesday he had relocated to Texas… Continue reading Tesla’s Musk relocates to Texas from California; compares himself to war general

German Manager Magazin: Tesla announces capital increase, share gives up000394

Elon Musk (49) uses the latest record run of the TeslaShares for a further capital increase of five billion dollars (4.13 billion euros). Ten major banks, including Goldman Sachs, Citigroup Global Markets and Morgan Stanley, will carry out the sale of the shares, as the US electric car maker announced. With the fresh capital, Tesla… Continue reading German Manager Magazin: Tesla announces capital increase, share gives up000394

Tesla to raise another $5bn by selling shares

Tesla Electric carmaker to join blue-chip S&P 500 index as its stock price continues to soar Tesla Model 3 cars at its factory in Shanghai, east China. Photograph: Xinhua/Rex/Shutterstock Tesla is to raise up to $5bn selling new shares, as the electric carmaker takes advantage of an almost 900% surge in its share price over… Continue reading Tesla to raise another $5bn by selling shares

Tesla files to sell $5B in stock while its shares are richly valued

Tesla is striking while its share price — and ballooning market cap — is hot, filing today to sell $5 billion in shares after investors bid its equity to record levels. The newly announced dilutive fundraising event is having a muted impact on its value, which is off 2.3% in pre-market trading as investors digested… Continue reading Tesla files to sell $5B in stock while its shares are richly valued