A new offering from Tesla Motors of a $850 million package of common stock and convertible senior notes will be used to completely prefund payoff of the Dept. of Energy loans, as well as general corporate purposes.
While Tesla Motors is revolutionizing the automobile, the company itself is transforming a from visionary role to that of a mass production automobile manufacturer.
Enova Systems, Inc., the electric drive systems company focusing on medium- and heavy-duty vehicles, has announced that they will not contest their removal from the New York Stock Exchange this week.
Several stocks rose and fell this week, as Wall Street tries to second guess the pending third quarter analysis announcements from automakers. Here are some highlights.
Aggressive short selling of beleaguered A123 Systems' stock (AONE) have triggered a special SEC rule meant to prevent a stock from being short sold into oblivion.
Enova Systems Inc. has received notice of non-compliance and will be de-listed from the NYSE market later this month unless a successful appeal is presented.
The price dynamics of the weekly chart of General Motors Company (NYSE: GM) stock do not lie regarding the recent trend bias. Question is: Will the lows hold?
Many of the 118,000 salaried retirees are bitterly stating they will never buy another GM vehicle; and anyone who discounts the effects their numbers can have on sales should reconsider.
The huge short interest in Tesla says many think Tesla is a goner, while most are excitedly waiting for the Model S launch, and anxiously watching the reaction.
Upon reading the latest report in the WSJ on natural gas engines, Hugo Tour, inventor of the opposed piston, split-cycle Tour Engine, had a few words to say about dual fuels and the advantage of his engine technology approach.
In a scathing letter to GM Chairman and CEO, Daniel Ackerson, the GMRA which represents salaried retirees expressed absolute consternation and disgust with GM's decision.
A123's new Nanophosphate EXT technology offers better performance in cold and hot weather, reduces the need for thermal management systems, and is a breath of good news following months of difficult times at A123 Systems.
Speaking at the Tesla shareholders meeting on Wednesday, Elon Musk showed Tesla's progress and business roadmap for the next few years, talking about the Model S, Model X, and the high volume production vehicles to follow.
The sedan will make its world debut at the 2012 Moscow Auto Salon taking place between August 29 – September 9 of this year, where it will share the floor with the rest of the Astra family. Plus, note the video gallery of photos.
