Peter Vercoe

Government, Business, Technology, Equipment, Safety, Autonomous

Tesla Increases Prices Up to $6,000 Across Lineup

Tesla A Tesla Model 3. (David Paul Morris/Bloomberg News)

Tesla Inc. has increased prices across its lineup by as much as $6,000, Electrek reported, as global automakers grapple with surging costs for raw materials, particularly battery components.

Peter Vercoe | Bloomberg News
June 16, 2022
Business, Technology

EV Maker Polestar Raises $550 Million From New Investors

Polestar staff cleans a concept car at the Beijing Auto Show. (Wang Zhao/AFP/Getty Images) Polestar staff cleans a concept car at the Beijing Auto Show. (Wang Zhao/AFP/Getty Images)

Polestar, the electric carmaker controlled by Volvo Car AB and its owner Zhejiang Geely Holding Group Co., has raised $550 million from new investors to help fund its growth.

Peter Vercoe | Bloomberg News
April 15, 2021