electric vehicle

Business, Technology

VW Creates Buzz Before EV Launch

vw Qilai Shen/Bloomberg News

Volkswagen AG is seeking to create buzz months before deliveries start for its first ID. electric car, following the footsteps of Tesla Inc.’s Elon Musk, whose promotion of the Model 3 generated reservation lines around the block.

Elisabeth Behrmann | Bloomberg News
May 2, 2019
Business, Technology

Tesla to Raise $2 Billion to Counter Cash Drain

Tesla Patrick T. Fallon/Bloomberg News

Tesla Inc. plans to raise about $2 billion through debt and stock offerings, after CEO Elon Musk overestimated the ability of the Model 3 sedan to generate enough cash for the company to be self-sustaining.

Molly Smith and Dana Hull | Bloomberg News
May 2, 2019
Business, Technology

Tesla Reintroduces Lower-Priced Model S After Deliveries Drop

Tesla Patrick T. Fallon/Bloomberg News

After a record decline in vehicle deliveries in the first quarter, Tesla Inc. is introducing lower-priced versions of several models, effectively offering consumers a discount.

Jason Clenfield | Bloomberg News
April 24, 2019
Business, Technology

Ford Partnership With EV Manufacturer Rivian Includes $500 Million Funding

Rivian Unveiling of Rivian truck at the 2018 LA Auto Show (Patrick T. Fallon/Bloomberg News)

Ford Motor Co. will invest $500 million in Rivian Automotive Inc., aligning the maker of the industry-leading F-Series pickup line with an upstart that’s electrifying gas-guzzling trucks and SUVs

Keith Naughton | Bloomberg News
April 24, 2019
Business, Technology, Safety, Autonomous

CEO Elon Musk Makes Self-Driving Technology Tesla’s Costly New Calling

Tesla A look at the technology outfitted in a Tesla vehicle. (David Paul Morris/Bloomberg News)

Tesla Inc.’s calling used to be bringing affordable electric cars to the masses. Elon Musk is now ripping up the script, vowing to pair self-driving technology with a sharing service that will make it crazy for consumers to buy other cars.

Dana Hull | Bloomberg News
April 23, 2019
Business, Technology

Toyota Sees Electric Cars ‘Down the Road,’ but Future is Now for VW

Toyota Tomohiro Ohsumi/Bloomberg News

Toyota Motor Corp. may have kicked off the green-car movement with its Prius hybrid more than 20 years ago, but the company is not nearly as bullish as rivals about the American consumer embracing EVs.

April 17, 2019
Business, Technology

Tesla’s Elon Musk Blames Panasonic Battery Lines for Low Model 3 Output

Tesla Odin Jaeger/Bloomberg News

Tesla Inc. CEO Elon Musk said Panasonic Corp. cell lines at the electric-car maker’s Nevada battery factory have been holding up production of its Model 3 sedans.

April 15, 2019
Government, Business, Technology

Electric-Vehicle Tax Credits Get Bipartisan Boost in Senate

Tesla Alex Kraus/Bloomberg News

A bipartisan group of senators introduced legislation April 10 that would extend a lucrative tax credit for electric vehicles that could benefit companies such as Tesla Inc. and General Motors Co.

Ari Natter | Bloomberg News
April 10, 2019
Business, Technology

Tesla Plunges as Delivery Drop Deepens Demand Concerns

Tesla Jasper Juinen/Bloomberg News

Tesla Inc. shares plummeted as a record decline in deliveries during the first quarter stoked concern of slackening demand for the Model 3 sedan that started selling less than two years ago.

Dana Hull | Bloomberg News
April 4, 2019
Business, Technology, Logistics

Tesla’s Model 3 Shatters Record in Electric Car-Crazy Norway

Tesla Patrick T. Fallon/Bloomberg News

Just weeks after Tesla Inc. started rolling out its Model 3 in Europe, the electric-car manufacturer has beaten the monthly sales record in its key Norwegian market by a wide margin.

Mikael Holter | Bloomberg News
March 26, 2019