Chinese auto parts producer Wanxiang Group is accelerating the relaunch of Fisker's Karma hybrid luxury car.» Read More
Gov. Rick Perry, (R-Texas), discusses his efforts to recruit Tesla to build a factory in his state.
*Tesla Motors, Lotus, Jaguar and BMW among exhibitors. Tesla Motors and Dutch electric bike maker B4 Bikes have been among the busiest stands at the nineteenth London Motorexpo this week- a display of sports cars and premium executive vehicles in the Canary Wharf financial district, which runs until Sunday.
*Intel rallies in premarket, lifts revenue outlook. *While both the Dow and S&P hit a series of record highs this week, Wall Street has lately been pressured by concerns of slowing global growth and ongoing violence in Iraq, which has taken oil prices to their highest since September.
*BMW and Tesla executives seek ways to promote electric cars. FRANKFURT, June 13- German premium auto maker BMW said its managers had met with executives from U.S.-based Tesla Motors Inc to discuss ways to promote the use of electric cars.
HONG KONG, June 13- Shanghai shares closed at their highest level in more than 7 weeks on Friday as Chinese banks were buoyed by stronger-than-expected lending data, adding to hopes that the economy is stabilising. The CSI300 of the leading Shanghai and Shenzhen A-share listings jumped 1.1 percent to close at a one-month high.
HONG KONG, June 13- Shares in China and Hong Kong rose on Friday, led by strong gains in the banking sector after data showed China's new bank lending and money supply rose faster than expected in May, adding to hopes that the economy was stabilising.
Discussing Elon Musk's patent play and if there is any risk his decision to open all patents could hurt Tesla, with Ross Gerber, Gerber Kawasaki CEO & president, and CNBC's Phi LeBeau.
Tesla CEO Elon Musk has announced it is opening up all its patents to competitors to spur innovation. CNBC's Phil LeBeau has the details.
DETROIT, June 12- Tesla Motors Inc on Thursday said it would allow others to use its intellectual property in hopes of speeding up development of electric cars by all manufacturers. Tesla co-founder and Chief Executive Officer Elon Musk said the company would not take legal action against anyone who "in good faith, wants to use our technology."
CNBC's Phil LeBeau reports Tesla hopes opening patents will spur electric vehicle development.
CNBC's Phil LeBeau reports Tesla CEO Elon Musk has announced the automaker will open up its patents to spur innovation in the auto industry.
Tesla CEO Elon Musk said it it will allow others to use its patents.
Mayor of Reno, Nevada Bob Cashell makes the case for bringing Tesla's battery plant to Reno. Cashell says San Antonio, Texas is a strong competitor but Nevada will win.
Uber and its $17 billion valuation has drawn the line between the free market and statists. Which side are you on, asks Jake Novak?
“I didn’t mean anything by it,” insisted Jim Cramer. “I didn’t mean to provoke a fight.”
Tesla's Elon Musk plans to encourage standardizing electrical car specifications by opening the Supercharger design to other automakers.
CNBC's Carolin Roth speaks to Tesla CEO Elon Musk about the development of its $5 billion "gigafactory" in the U.S.
Elon Musk, Tesla chief executive, has quoted Warren Buffett, suggesting that it is like dealing with a "manic depressive" when handling the stock markets.
Elon Musk, Tesla CEO, says the carmaker's value is driven by expectations of what the group can achieve in the future.
Tesla has been banned from selling cars in New Jersey since April, but a new bill provides hope for the automaker, reports CNBC's Dominic Chu.