SolarCity Corp., the second largest U.S. solar company by market value, is offering power-storage systems to commercial customers that will reduce utility bills and provide electricity during blackouts.
Tesla Motors Inc. rose the most in almost six months after its Model S electric car was cleared of any defect in a German review following three recent fires and two analysts said the events won’t hurt the business.
Elon Musk dreams of building a pod that zips through a steel tube at a blazing speed of 760 miles per hour. But if you just can’t wait seven to 10 years to ride in an egg-shaped capsule, several cities around the world already have pod-transportation systems up and running.
Tesla Motors Inc. was in trouble in North Carolina. Prohibited from opening showrooms there, it was on the way to being unable to sell cars at all when the state Senate voted unanimously to block online auto sales.
Tesla Motors Inc. cars have caught fire after collisions more often than gasoline-powered vehicles, according to a Massachusetts Institute of Technology report rebutting assertions by Elon Musk, the electric-car maker’s chief executive officer.
Tesla Motors Inc., under U.S. scrutiny for vehicle-fire risk, is seeking to head off a months- long investigation that could lead to expensive upgrades and longer-term damage to the image of electric cars.
Fiat SpA is set to gain the upper hand in negotiations to buy a health-care trust’s holding in Chrysler Group LLC if the final value for the American carmaker remains around the level currently being discussed.