Tesla Motors Inc. and General Motors Corp.’s Chevrolet are preparing to bring out mass-market electric cars next year. If you plan to buy one and help save the planet,people who live near the Atacama salt-flat ask that you spare a thought for the flamingos. The vehicles will be powered by rechargeable batteries containing lithium, a silver-white […]Read more "Tesla Production Killing Flamingos?"
U.S. auto safety regulators said Thursday they have opened a preliminary investigation into 25,000 Tesla Motors Model S cars after a fatal crash in which a driver used its “Autopilot” feature. The National Highway Traffic Safety Administration said the crash came in a 2015 Model S operating with automated driving engaged, and “calls for an […]Read more "Investigation of Tesla over Fatal Crash"
“And about those green jobs…” Though they saved the tax credits, state university officials didn’t show the same ambition to save the new jobs promised by Kitzhaber. After the Redco debacle, the university system quickly hired its third developer in the spring of 2012. SolarCity was no solar rookie. It had been around for five […]Read more "SolarCity Using Inmates as Workers"
News that SolarCity, another recipient of millions in government largess from the Obama Administration, would be issuing an IPO forced the disclosure that the IRS and the Treasury Department were now investigating the company, and others, for potential abuse of taxpayer funds. The company, which received a subpoena in July from the Office of the […]Read more "#TBT: IRS and Treasury Investigate Obama’s SolarCity"
An investor group wants Tesla Motors to shake up its board of directors after it was discovered six out of seven board members with the solar panel company have direct connections with Elon Musk, the CEO and chairman of both companies. CtW Investor Group said the market’s “hostile reaction” to the SolarCity deal was induced, in […]Read more "6 Out Of 7 SolarCity Board Members Have Direct Ties To Elon Musk"
Billionaire Elon Musk’s grip over Tesla Motors has grown too tight as he pursues a controversial merger of the company with solar-panel maker SolarCity, an investor group complained. CtW Investment Group, a manager of union-based pension funds that hold 200,000 Tesla shares, demanded in a letter that Tesla separate Musk’s chairman and CEO roles. CtW […]Read more "Investors want Tesla to separate Musk’s chairman, CEO roles"