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Tesla to buy Germany-based Grohmann Engineering
November 8, 2016 by creative · Leave a Comment
(Reuters) – Electric car maker Tesla Motors Inc said on Tuesday it would buy Germany-based Grohmann Engineering to improve its automated manufacturing systems.
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Tesla to buy Germany-based Grohmann Engineering
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BMW recalling 154,472 vehicles in U.S., Canada over fuel pumps
October 29, 2016 by publisher · Leave a Comment
DETROIT (Reuters) – BMW is recalling 154,472 vehicles registered in the United States and Canada for a fuel pump problem that could cause stalling, according to a filing with U.S. safety regulators and BMW.
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BMW recalling 154,472 vehicles in U.S., Canada over fuel pumps
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Tesla’s Musk adds solar roofs to his clean energy vision
October 29, 2016 by elegant · Leave a Comment
Tesla Motors Inc Chief Executive Elon Musk on Friday unveiled new energy products aimed at illustrating the benefits of combining his electric car and battery maker with solar installer SolarCity Corp . The billionaire entrepreneur showed of solar-powered roof tiles that eliminate the need for traditional panels and a longer-lasting home battery, which Tesla calls the Powerwall, aimed at realizing his vision of selling a fossil fuel free lifestyle to consumers. The…
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Tesla’s Musk adds solar roofs to his clean energy vision
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Tesla offers $2.8 billion for SolarCity in ‘no brainer’ deal for Musk
June 22, 2016 by elegant · Leave a Comment
By Nichola Groom and Paul Lienert LOS ANGELES/DETROIT (Reuters) – Elon Musk on Tuesday sought to build a clean energy powerhouse as his electric car maker, Tesla Motors Inc , made an offer to buy his solar installation firm SolarCity Corp in a stock deal worth as much as $2.8 billion. Tesla shares plunged more than 13 percent to $189.99 in extended trading – amounting to a loss in value of about $4.3 billion, or more than the value of the offer for the other company. Shares of SolarCity rose about 18 percent …
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Tesla offers $2.8 billion for SolarCity in ‘no brainer’ deal for Musk
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Tesla to clarify how customers may disclose problems
June 11, 2016 by creative · Leave a Comment
Tesla Motors Inc on Friday revised a nondisclosure clause in its customer repair agreements after a U.S. regulator took issue with the practice, while the electric carmaker's chief executive separately called most customer reports of suspension problems in its Model S sedan fraudulent. Tesla CEO Elon Musk went on the offensive on …
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Tesla to clarify how customers may disclose problems
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Tesla plans to sell $1.7 billion in new stock to fund Model 3
May 19, 2016 by publisher · Leave a Comment
By Paul Lienert and Alexandria Sage DETROIT/SAN FRANCISCO (Reuters) – Tesla Motors Inc will offer up to $1.7 billion of new common stock to finance the accelerated launch of its new Model 3 electric sedan, the electric luxury car maker said on Wednesday. Tesla shares fell 2.2 percent following the announcement, which came after the market closed. Tesla, which has posted operating losses since its initial public offering in June, 2010, said in a prospectus it expected to sell as many as 8.2 million shares at a price of $204.66 a share.
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Tesla plans to sell $1.7 billion in new stock to fund Model 3