19 Articles
Elon Musk reportedly walked away from settlement with SEC

It would have required him to step down as Tesla chairman for two years

It would have required him to step down as Tesla chairman for two years.

Moody’s downgrades Ford’s credit rating to just above junk status

It gives 'negative' outlook, cites difficulties executing restructuring plan

It gives Ford a 'negative' outlook, citing the difficulty of executing its restructuring plan.

Tesla reportedly burning through cash at rate of $8,000 per minute

“Whether they can last another 10 months or a year, he needs money, and quickly.”

"Whether they can last another 10 months or a year, he needs money, and quickly."

How gas guzzlers are fueling development of electric cars

Wall Street loves electric cars. Americans love trucks and SUVs.

VW investors want independent probe of diesel scandal

Outside investigation is unlikely because of shareholder control.

Three European investor groups call for Volkswagen to launch an independent probe into VW's diesel-emissions scandal.

Elio Motors will offer shares to non-accredited investors

2012 JOBS Act Makes This Possible

Elio Motors is on Start Engine and asking for funds from non-accredited investors. That's people like you and me.

Marchionne recruiting activist investors to prompt GM merger

Rebuffed in his advances, Fiat Chrysler chief Sergio Marchionne is now reportedly turning to activist investors to compel General Motors into considering a merger.

GM to buy back $5B in shares, assuaging Harry J. Wilson

General Motors is agreeing to a $5 billion stock buy-back and other provisions in exchange for Harry J. Wilson not running for a seat on its board. The compromise ends an attempt by activist investors to return even more money to shareholders.

GM turns to banks to fend off activist investor

General Motors has retained Goldman Sachs and Morgan Stanley for "advice" on how to respond to activist investor Harry J. Wilson. He leads a group of four investment funds who want GM to spend $8 billion on a share buyback to raise its stock value, and he wants a seat on the board.

GM targeted by activist investors

A former Obama aide, Harry J. Wilson, is leading a group of investment funds urging General Motors to buy back $8 billion worth of its stock, which could raise share prices. Wilson also wants a seat on the GM board.

GM raises dividend on strong earnings, more raises may be in store

At the end of January GM said it would hold pat on its dividend of 30 cents per share, leading investors to complain. This week it said it would increase the dividend 20 percent, and later this year would look at "further return of capital to shareholders" assuming it can get the recall fiasco concluded.

Tesla Model X delayed, again, but Musk says Model S demand remains high

Company Delivers More EVs In 3Q Than Ever Before

Tesla CEO Elon Musk made one thing clear today as he announced his company's third-quarter sales figures: the company has more than enough demand for its luxury electric vehicles and its main problem is getting production ramped up. In fact, Tesla expects Model S orders and deliveries to increase by 50 percent next year. Buried in the good news, though, was word that the upcoming SUV version, the Sebastian Blanco

Wiesmann still hoping for savior

The saga of Wiesmann dates back to the late 1980s when a pair of German brothers set out to make retro sports cars. The first model was built in 1993 and a steady stream of new coupes and convertibles powered by a variety of BMW engines trickled out of the factory ever since until the company ran into trouble a little ov

Fisker CEO Tony Posawatz asks investors for patience, says new tech can take time

Tony Posawatz, president and CEO of Fisker Automotive, recently made the case for how Fisker and other cleantech companies can find the right investors. Speaking at a conference in Santa Barbara, CA, Posawatz said new clean technologies take years to be adopted and investors should be patient.

Porsche-VW merger could take on new investors

Volkswagen's second-largest shareholder, the German state of Lower Saxony, has the final say on the proposed Porsche-Volkswagen merger, and according to a spokesperson for the state's prime minister, Christian Wulff, the new company birthed from the union should be open to outside investors.

Toyota shareholder meeting turns into tearful lovefest

You can imagine that for most automakers in today's market, shareholder meetings are about as fun as finding out your CUV only got 4 stars from the NHTSA instead of 5. Toyota has often been the exception to the rule, and its recent shareholder meeting went down unlike any other today in Toyota City, Japan. Rather than the normal bitching and moaning from shareholders about what management didn't do or should've done, the Toyota board was regaled with praise from its shareholders. One woman was r

Ford ends day at 3-week high thanks to Toyota talk

Ford Motor Company was quick to issue a brief statement regarding the meeting that took place between its CEO, Alan Mulally, and executives from Toyota last week in Japan in order to quell speculation of an alliance or partnership, but news of the meeting had a very positive effect on the Blue