By Simon Alvarez Posted on May 8, 2019 Tesla (NASDAQ:TSLA) announced on Wednesday that it had closed its $2.7 billion offering of stock and convertible notes. The electric car maker also noted that it had oversubscribed its funding round, giving the company ample cash as it ramps up Model 3 production and prepares for other …
Continue reading “Tesla (TSLA) completes $2.7B funding round as BMW pledges more EV competition”
By Simon Alvarez Posted on April 19, 2019 The Jaguar I-PACE swept a new round of awards recently at the 2019 New York Auto Show. After a long deliberation, over 80 judges from 24 different countries dubbed the all-electric premium crossover SUV as the 2019 World Car of the Year, beating the Audi e-tron and …
Continue reading “Tesla Model 3 makes way for Jaguar as I-PACE secures World Car of the Year Award”
By Simon Alvarez Posted on April 18, 2019 The Audi e-tron, once dubbed by avid Tesla critics as a potential “Tesla Killer,” is reportedly running into production problems due to a constrained supply of batteries and a slower-than-expected delivery of electric motors. These production problems have reportedly caused Audi to postpone the release of its …
