Tesla to join S&P 500 in single tranche

By Reuters Staff 1 Min Read FILE PHOTO: The logo of Tesla is seen on a store in Paris, France, October 30, 2020. REUTERS/Charles Platiau/File Photo (Reuters) – Tesla Inc will join the S&P 500 index in a single part, S&P Dow Jones Indices announced on Monday following a consultation with investors about the best… Continue reading Tesla to join S&P 500 in single tranche

China grants Tesla green light to start selling Shanghai-made Model Y SUV

By Reuters Staff 1 Min Read FILE PHOTO: The company logo is pictured on a Tesla Model X electric car in Berlin, Germany, November 13, 2019. REUTERS/Fabrizio Bensch SHANGHAI (Reuters) – Tesla Inc has obtained permission to start selling its Shanghai-made Model Y sports utility vehicle in China, according to documents released by the country’s… Continue reading China grants Tesla green light to start selling Shanghai-made Model Y SUV

German Handelsblatt: Electric strategy from Volkswagen: At VW, planning for small cars is taking shape000849

Volkswagen is planning the little brother for the ID.3 The ID.3 is the first all-electric car from Volkswagen. The ID.2 is to become the smaller brother as a small car, for around 20,000 euros. (Photo: dpa) Wolfsburg Volkswagen CEO Herbert Diess is anything but undisputed within the group. But even among his opponents there is… Continue reading German Handelsblatt: Electric strategy from Volkswagen: At VW, planning for small cars is taking shape000849

The inside story of how Henrik Fisker pulled off a $3 billion deal to fuel his electric car comeback (FSR)

Henrik Fisker has bounced back from the demise of his first car company, Fisker Automotive, with Fisker, Inc.  Fisker, Inc. recently went public at a $3 billion valuation that quickly shot up to over $4 billion. The deal used a once-derided but now popular investment vehicle called a SPAC to execute a reverse-merger and list… Continue reading The inside story of how Henrik Fisker pulled off a $3 billion deal to fuel his electric car comeback (FSR)

More Than 100,000 Tesla Vehicles Probed For Safety Issue

TipRanks Goldman Sachs: These 3 Stocks Could Spike Over 40% Expectations of good news on the near horizon are buoying markets right now. Over the past month, both the S&P 500 and the NASDAQ are up 11% to new record highs.Investors are excited at the prospect of a COVID vaccine coming before the winter is… Continue reading More Than 100,000 Tesla Vehicles Probed For Safety Issue

US agency investigating Tesla front suspension failures

Detroit – The U.S. government’s road safety agency is investigating complaints that suspensions can fail on nearly 115,000 Tesla electric vehicles. The National Highway Traffic Safety Administration says it has 43 complaints that linkages near the ball joints can fail, allowing contact between the tire and wheel liner. The probe announced Friday covers 2015 through… Continue reading US agency investigating Tesla front suspension failures

SAIC Motor, an early adopter of the smart car, sets up US$1 billion fund to invest in internet-linked vehicles with Alibaba

SAIC Motor, China’s largest state-owned carmaker and the Chinese partner of General Motors, has established a private equity fund to finance its forays into developing smart cars with the country’s biggest technology company Alibaba Group Holding. SAIC Motor would invest 5.4 billion yuan to create the 7.2 billion yuan (US$1 billion) fund with Shanghai Zhangjiang… Continue reading SAIC Motor, an early adopter of the smart car, sets up US$1 billion fund to invest in internet-linked vehicles with Alibaba

World NM: Tesla to set up plant in Shanghai for EV chargers000542

Tesla plans to invest 42 million yuan ($6.4 million) in the new charger factory. Spread over an area of 4,841 square meters, the plant, set to be completed by February 2021, will have an annual production capacity of 10,000 chargers. China boasts the largest number of electric vehicle charging facilities in the world-over 1.32 million… Continue reading World NM: Tesla to set up plant in Shanghai for EV chargers000542

Tesla’s Elon Musk: Why our new model could be a Europe-designed hatchback

Tesla CEO Elon Musk says cramped parking spaces in Europe mean it would make sense for the first new Tesla model it designs in Berlin to be a compact electric vehicle like a hatchback.  Artificial Intelligence Tesla is midway through constructing building its massive Berlin Gigafactory, where it will mass-produce electric vehicles starting with the… Continue reading Tesla’s Elon Musk: Why our new model could be a Europe-designed hatchback

Tesla to launch ‘special colors’ for the new Roadster electric supercar

Elon Musk confirmed that Tesla plans to launch ‘special colors’ for the new Roadster electric supercar. What color options do you want to see? When Tesla first unveiled the next-generation Tesla Roadster in 2017, Musk said that it will come to market in 2020. Now that we are at the end of 2020, it’s clear… Continue reading Tesla to launch ‘special colors’ for the new Roadster electric supercar