Musk had announced on Twitter at the time that he wanted to take Tesla private for a price of $420 per share. Funding for this is “secured”. The announcement caused Tesla shares to fluctuate, but Musk later backed down. It became clear that the financing was anything but secure. Tesla investors fail with class action… Continue reading German Manager Magazin: Elon Musk acquitted in fraud case over misleading Tesla tweets002296
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Nissan Max-Out: Nissan shows the concept of an electric convertible
Many electric cars on the market are SUVs. Nissan shows the concept of a two-seat convertible. Whether it will ever come to market is unknown. (Nissan, electric car) Go to Source
NYC to Require Uber, Lyft to Go 100% Electric by 2030
This New York City mandate could affect an estimated 100,000 for-hire vehicles. Photo: Canva New York City Mayor Eric Adams announced that Uber and Lyft will be required to have only zero-emission vehicles by 2030, according to a report by Verge. Adams made the announcement during his recent State of the City speech. As part of… Continue reading NYC to Require Uber, Lyft to Go 100% Electric by 2030
Retailers fear Minnesota legislation would allow utilities to corner EV charging market
Should electric utilities be allowed to own EV charging stations? In a free-market economy, it’s generally considered unhealthy for companies that produce a product or service to also own the distribution channels—that’s why liquor companies don’t own bars (in the US), and airlines don’t own airports. For an example of the evils that can result… Continue reading Retailers fear Minnesota legislation would allow utilities to corner EV charging market
Mexico in talks with top carmakers to make electric vehicles, foreign minister says
Ebrard said in an interview late on Thursday that Mexico was keen to capitalize on the global shift to electric vehicles. Mexico is gearing up to build several manufacturing hubs for electric vehicles across the country, Foreign Minister Marcelo Ebrard told Reuters, and is in talks with some of the world’s top carmakers. The shocks… Continue reading Mexico in talks with top carmakers to make electric vehicles, foreign minister says
Can natural gas still play the role of a transition fuel for India?
In the Union Budget 2023-24, INR 35,000 crore has been allocated to the Ministry of Petroleum and Natural Gas for achieving energy transition. By Vinod Vijay KumarIn the Union Budget 2023-24, INR 35,000 crore has been allocated to the Ministry of Petroleum and Natural Gas for achieving energy transition. A major part of this allocation… Continue reading Can natural gas still play the role of a transition fuel for India?
Musk didn’t defraud investors with 2018 Tesla tweets: Jury
Musk’s integrity was at stake at the trial as well part of a fortune that has established him as one of the world’s richest people. A jury on Friday decided Elon Musk didn’t defraud investors with his 2018 tweets about electric automaker Tesla in a proposed deal that quickly unravelled and raised questions about whether… Continue reading Musk didn’t defraud investors with 2018 Tesla tweets: Jury
Kia Carens sells 70,656 units within first year of launch in India
Kia India, which clocked its best-ever annual sales of 254,556 units in CY2012, up 40% over CY2021, and has maintained the strong performance with its best-ever monthly sales of 28,634 units in January 2023, up 48% YoY, has a new growth accelerator in the Carens MPV. The Carens, which has registered its best-ever monthly sales… Continue reading Kia Carens sells 70,656 units within first year of launch in India
Avis has new T&Cs for renting its EVs, and they’re a little weird
Tesla Model 3 Source: Tesla Car rental giant Avis just sent an email out today to its customers to let that it has new rental terms and conditions for its fleet EVs. Some of the company’s EV rules are a bit of a head scratcher. Here’s what the email said: As we introduce Electric Vehicles… Continue reading Avis has new T&Cs for renting its EVs, and they’re a little weird
Elon Musk found not guilty in the Tesla 420 take-private case
A jury has found Elon Musk not guilty in the case of his tweet about taking Tesla private at $420 a share. Five years later, this single tweet is still haunting the Tesla CEO. For those who don’t remember the situation, back in 2018, Musk briefly considered trying to bring Tesla private and disclosed his… Continue reading Elon Musk found not guilty in the Tesla 420 take-private case