The RideFlux start-up brings together engineers who have given up well-paid jobs with some of South Korea's most prestigious firms to try to build a ride-sharing company for the tech-savvy nation.
Tesla CEO Elon Musk threatened to pull the company’s factory and headquarters out of California in an escalating spat with local officials who have stopped the company from reopening its electric vehicle factory.
Two NASA astronauts gearing up to ride SpaceX's new space taxi will now be on a mission planned to last more than a month, instead of a week, to help the short-handed crew aboard the ISS, the US space agency said.
Islamic finance – an amalgamation of Sharia law and modern banking – has become a $2 trillion business over the past two decades, covering everything from bonds to buying cars.
Environmental activists are up against Tesla and the law as they try and stop the march of capitalism on their environment.
The US electric carmaker announced plans last November to build a Gigafactory in Gruenheide in the eastern state of Brandenburg.
Trial began in US District Court in Los Angeles in a defamation lawsuit brought against Tesla Elon Musk by British cave diver Vernon Unsworth over three July 15, 2018 tweets by the Tesla chief executive, one calling him "pedo guy."
Tesla is counting on the Model 3 to help the company become profitable on a sustainable basis and transform it from a niche player to a heavyweight in the automobile industry.
The company announced its latest plans during an investor conference on Monday. But sceptics doubt Tesla can pull it off.
Tesla said it had amended its asset-backed lending credit agreement with a syndicate of banks, increasing revolving commitments by $500 million to a total of $2.42 billion, while extending the maturity date of the agreement by three years.
Tesla cuts prices by knocking $2,000 off each of its model 3. The company said the cuts will help the customers to deal with the loss of a $7,500 federal tax credit.
Tesla CEO Musk uses his Twitter account to jab the Securities and Exchange Commission, the same agency that went after him for an August 7 tweet in which he declared he had secured financing for a Tesla buyout.
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