Auto industry 22 results

Tesla Motors Inc. and SolarCity Become One: What Does This Mean For The Future?

It is official, Elon Musk’s Tesla Motors Inc. has made it past the realm of Electric Vehicles and officially becomes a clean-energy company. Thursday, shareholders voted on whether or not to approve the acquisition of SolarCity Corp and it passed with flying colors. The deal is valued at $2 billion according to Bloomberg and has greatly expanded Tesla Motors Inc.’s reach throughout the clean ...

Faraday Future Nevada Facility Put On Hold

The electric vehicle automotive industry is in its infancy, ruled by auto manufacturer Tesla Motors at the moment. However, this hasn’t stopped traditional automotive manufacturers like General Motors, Volkswagen and Nissan from going after a piece of the pie. Even technology companies like Apple and Alphabet are looking to diversify and try their hand with these green vehicles. But recently ...