Electric Car

The Apple logo is seen on the Apple store at the Marche Saint Germain in Paris. Photo: ReutersTesla’s stock had among the highest price tags on Wall Street at US$2,000 Apple split its stock 4-for-1, while Tesla split its stock 5-for-1, with both companies saying they aimed to make their…

To some extent, Porsche is taking advantage of uniquely favorable conditions. It still expects to turn a profit in 2020 despite COVID-19, helped both by the Taycan as well as a recovering Chinese car market. The company did have to cut costs, but it has so far refused to cancel…

Elon Musk isn’t content with electric cars, shooting people into orbit, populating Mars and building underground tunnels to solve traffic problems. He also wants to get inside your brain.His startup, Neuralink, wants to one day implant computer chips inside the human brain. The goal is to develop implants that can…

Green companies vie not just to generate power but also to store and manage itDEPENDING ON WHOM you ask, California is a leader in clean energy or a cautionary tale. Power outages in August prompted stern critiques from Republicans. “In California”, Donald Trump tweeted, “Democrats have intentionally implemented rolling blackouts—forcing…

Updated / Friday, 21 Aug 2020 11:40 Tesla's stock has surged over 300% in 2020 Shares of Tesla surged past the $2,000 mark yesterday for the first time as the electric car maker extended its recent rally ahead of an upcoming share split.  The company's stock traded at a record…

The Democratic Party sure knows how to piss off climate advocates. Tuesday, party leaders cut a promise to end fossil fuel subsidies from their 2020 platform, telling The Huffington Post that the pledge shouldn’t have been in the final draft to begin with. It was an odd moment in a…

Tesla closed the day at $2,001.83, a new record high for the electric car and energy company. That represents a growth of 6.56% in the last 24 hours, but the most impressive metric is to take a second to look back at just a year ago. Just 12 months ago,…

Elon Musk has become the fourth richest person in the world after shares in his company, Tesla, rocketed during the coronavirus pandemic. His total net worth now stands at $90.3bn, three times its value in January.Tesla’s stock jumped by 11% on Monday alone, adding $13.3bn to Musk’s balance sheet and…

Michael Liedtke  |  Associated Press Tesla will split its stock for the first time in its history so more investors can afford to buy a stake in the electric car pioneer following a meteoric rise in its market value.The five-for-one stock split announced Tuesday won't change how much Tesla's business…

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