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
Tag: Tesla
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
Tesla’s German factory plan scuppered by snakes
A similar court order was made earlier this year about Tesla’s plans for what it calls the Gigafactory in Grünheide, in the eastern state of Brandenburg. Go to Source
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
Tesla ordered to stop cutting down trees at its Berlin factory construction site because of hibernating snakes (TSLA)
Hibernating snakes are complicating Elon Musk’s plans for a gigafactory near Berlin. A German court has told the U.S. billionaire’s electric vehicle company Tesla to suspend clearing of a forest at the site of the proposed factory after environmentalists said that cutting down more trees could endanger hibernating snakes. “The Landesumweltamt (state environmental authority) and Tesla will now be… Continue reading Tesla ordered to stop cutting down trees at its Berlin factory construction site because of hibernating snakes (TSLA)
Tesla retreats from record highs after announcing share sale of up to $5 billion (TSLA)
Odd Andersen/AFP via Getty Images Tesla retreated from record all-time-highs on Tuesday after the electric vehicle manufacturer announced a $5 billion “at-the-market” share offering. The “at-the-market” offering allows Tesla to sell up to $5 billion worth of stock directly into the public markets at its discretion, taking advantage of potential price swings on specific days. … Continue reading Tesla retreats from record highs after announcing share sale of up to $5 billion (TSLA)