electric

Tesla Unveils its New Electric Semi Truck and Sports Car

Tesla Unveils its New Electric Semi Truck and Sports Car

One of the more anticipated events by Tesla Inc. (NASDAQ: TSLA) was its unveiling of the its electric semi truck, but due to complications with the Model 3 as well the company diverting attention to Puerto Rico, the reveal was delayed. Along with th..

Ford Signs $756 Million Deal with Zotye for Electric Cars

Ford Signs $756 Million Deal with Zotye for Electric Cars

On Wednesday, Ford Motor Company (NYSE: F) signed deal with Anhui Zotye Automobile Co Ltd (SHE:000980), a China-based company, to build, market and distribute electric cars under a new brand in China.Zotye Automobile Co Ltd, which was based in China..

Tesla acquires Perbix to ramp up Model 3 production

Tesla acquires Perbix to ramp up Model 3 production

Tesla Inc. (NASDAQ: TSLA) has been facing serious drawbacks in its Model 3 production, as the company failed and produced under 80 percent what it had promised for the third quarter. Tesla only deployed 222 Model 3 vehicles in the third quarter.The ..

GE to sell its Railroad Business Division

GE to sell its Railroad Business Division

Reported by the Wall Street Journal, General Electric Co., (NYSE: GE) the worst performing stock on Dow Jones Industrial Average, is now looking to sell its railroad business, which is one of the company’s oldest divisions, citing sources fami..

Tesla to Build Factory in Shanghai

Tesla to Build Factory in Shanghai

Electric car manufacturer, Tesla Inc. (NASDAQ: TSLA), has confirmed the company has reached an agreement with the Shanghai municipal government to build a factory in the region, according to people familiar with the project, reported by the Wall Str..

GM first to test self driving cars in New York City

GM first to test self driving cars in New York City

New York Governor, Andrew Cuomo, announced on Monday that General Motors Co. (NYSE: GM) and Cruise Automation, GM’s self driving subsidiary division, are applying to begin the first stages of testing fully autonomous vehicles in New York City ..

Hundreds of Tesla Employees Fired

Hundreds of Tesla Employees Fired

Tesla Inc (NASDAQ: TSLA) Model 3 electric car is off to a rocky start, it seems, with the company having to fire hundreds of employees recently. It appears that the manufacturing of the Model 3 is not going on at the pace that would be desirabl..