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.
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.
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.