Electric vehicles

News

Tesla delivered an awesome earnings surprise. How come no one saw it coming?

Published: 
Thu, 11/01/2018 - 2:43pm

When a company beats Wall Street analysts’ earnings expectations, its stock price tends to rise.

News

GM breaks with Trump administration and calls for nationwide electric-car sales program

Published: 
Wed, 10/31/2018 - 3:10pm

Two of the biggest automakers are pushing back on the Trump administration’s proposed rollback of U.S. fuel-economy standards.

News

Tesla drops to third-worst in Consumer Reports reliability rankings

Published: 
Thu, 10/25/2018 - 5:33pm

Tesla dropped six spots to rank near the bottom of Consumer Reports’ new-car reliability list. The California electric-car maker came in third-worst in reliability among 29 auto brands. Only Cadillac and Volvo ranked lower.

News

Tesla drops to third-worst in Consumer Reports reliability rankings

Published: 
Fri, 10/12/2018 - 5:30pm

Tesla dropped six spots to rank near the bottom of Consumer Reports’ new-car reliability list. The California electric-car maker came in third-worst in reliability among 29 auto brands. Only Cadillac and Volvo ranked lower.

News

The Saudi wealth fund bought Tesla stock. Now it's investing in Lucid, a Tesla competitor

Published: 
Wed, 09/19/2018 - 6:23pm

Lucid Motors, the Bay Area electric car start-up, has been struggling to raise money for more than a year. Now it appears to have found some: more than a billion dollars from Saudi Arabia’s sovereign wealth fund.

If the deal announced Monday closes as Lucid expects, the company said it will have enough cash to finish engineering the high-end Lucid Air sedan and begin manufacturing in Arizona as scheduled in 2020. And the Saudis would be backing both the leading electric luxury car maker, Tesla, and a Tesla competitor.