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Exclusive Saudi Pif In Talks To Invest In Aspiring Tesla Rival Lucid -sources

– PIF, the Saudi Arabian sovereign wealth fund that Tesla Inc (TSLA.O) CEO Elon Musk has said could help him fund an offer to take his electric car maker private,...

Vws Ceo Was Told About Emissions Software Months Before Scandal Der Spiegel

FRANKFURT – Volkswagen (VOWG_p.DE) Chief Executive Herbert Diess was told about the existence of cheating software in cars two months before regulators blew the...

Chinas Geely In Deal To Let Malaysias Proton Tap New-energy Other Vehicle Tech In Global Push

BEIJING – Chinese automaker Geely has agreed to extend its existing partnership with Proton Holdings Berhad (DRBM.KL) to upgrade the Malaysia carmaker’s...

Tesla Stock Sinks After Musk Gives Tearful Nyt Interview

– Tesla Inc’s (TSLA.O) shares slumped 9 percent on Friday after Chief Executive Officer Elon Musk told the New York Times he was under major emotional stress...

Musks Tunnel-boring Firm Seeks Us Tariff Exemption For Chinese Parts

WASHINGTON – A company owned by Elon Musk that is trying to lower the cost of building high-speed transit tunnels has asked the Trump administration to exempt it...

Investors Query Funding Costs At A Private Tesla

NEW YORK/BOSTON – Several Tesla Inc (TSLA.O) shareholders have told Reuters they are concerned that the electric car maker will have to pay more to fund its growth...

Tesla Sinks After Musk Opens Up About Going Private Tweet In Nyt Interview

– Tesla Inc’s (TSLA.O) shares slumped as much as 9 percent on Friday after Chief Executive Elon Musk told the New York Times that his tweet last week about...

Uber To Push Further Into East Africa With Services Like Chap Chap

NAIROBI – Uber [UBER.UL] the global ride-hailing company, is considering expanding into two other East African countries before the end of 2018, focusing on low...

Tesla Shares Sink After Analysts Warn On Model 3 Margins Musk Interview

– Tesla Inc’s (TSLA.O) shares slumped 8 percent on Friday after Chief Executive Elon Musk told the New York Times his tweet about taking the company private...

Teslas Model 3 Margins Could Be Dented By Costly Powertrain Ubs

– Electric carmaker Tesla Inc’s (TSLA.O) premium Model 3 sedan will not produce better profit margins than a conventional BMW (BMWG.DE) and the company could...