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Tesla Motors Inc


  • The fund-raising attracted backing from Richard Branson's Virgin Group and Europe's Airbus Group, which will also build 900 "micro-satellites" designed to extend the reach of the Internet to remote corners of the world. The company, based in Britain's Channel Islands, plans over 65 launches including 39 from Virgin's spaceflight company, Virgin Galactic, and...

  • Solar energy company Sunrun files for IPO Thursday, 25 Jun 2015 | 2:33 PM ET

    Credit Suisse, Goldman Sachs& Co and Morgan Stanley were among the underwriters for the IPO, the company told the U. S Securities and Exchange Commission in a preliminary prospectus. Another clean energy company SolarCity Corp, backed by Tesla Motors Inc founder Elon Musk, has seen its shares rise more than seven-fold since their debut in 2012..

  • *Group of eight investors include Virgin, Airbus, Bharti. OneWeb, whose backers include Richard Branson's Virgin Group and Indian billionaire Sunil Mittal's Bharti Enterprises, said it would use the funds to acquire 65 commercial rockets to launch satellite-borne Internet services to extend the reach of mobile operators to customers in remote corners of...

  • What Wall Street's reading this summer Thursday, 25 Jun 2015 | 11:45 AM ET
    Busnessman reading book at the beach

    Thrillers? Romance? Here's what Wall Street's reading at the beach this summer.

  • NBA's Iguodala talks tech investing and VC pals Thursday, 25 Jun 2015 | 11:15 AM ET
    Golden State Warriors guard Andre Iguodala acknowledges fans during the Golden State Warriors 2015 championship celebration in downtown Oakland.

    NBA Finals MVP Andre Iguodala of the Golden State Warriors tells CNBC he's taking advantage of his proximity to Silicon Valley to capitalize off the court.

  • Detroit, June 24- General Motors Co is developing technology to allow new features to be downloaded wirelessly, the automaker's head of vehicle development said on Wednesday. Reuss, meeting with reporters in Detroit, did not lay out a specific timetable for deploying the new, upgradeable electrical and data systems, but indicated it would be soon.

  • PALO ALTO, Calif./ DETROIT, June 23- Ford Motor Co is joining other global automakers in stepping up efforts to roll out self-driving cars, company executives said on Tuesday. Ford has lagged behind competitors, notably General Motors Co, Volkswagen AG's Audi, Daimler AG's Mercedes-Benz and Tesla Motors Inc, which have all announced plans to begin offering...

  • 8 companies poised to disrupt their industries Tuesday, 23 Jun 2015 | 10:41 AM ET
    GoPro Hero 4

    A look at newly public companies that still have ties to their founders and continue to maintain much of their early start-up flair.

  • A protester holds an EU flag during a pro-European demonstration in front of the Greek parliament in Athens on June 18, 2015.

    Greece's debt crisis may finally come to a head in the coming week, testing markets that have been relatively complacent.

  • The $1 Tesla anyone can afford Friday, 19 Jun 2015 | 3:30 PM ET
    The Hot Wheels Tesla Model S.

    Hot Wheels, the car brand of toy maker Mattel, teamed up with Tesla to make a far more affordable miniature Tesla Model S.

  • 12 money-losing companies generating riches Friday, 19 Jun 2015 | 10:35 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Speculative fever might be back on Wall Street, as even money-losing companies continue to make riches, according to USA Today.

  • Here's what the Hyperloop could look like Thursday, 18 Jun 2015 | 1:00 PM ET
    Concept designs for Musk's Hyperloop released

    Elon Musk's Hyperloop promises to revolutionize travel. But what does that revolution look like? Austin-based Argodesign offers some mock-up designs of what we might see.

  • Labor case won't help Uber's driver of the future Wednesday, 17 Jun 2015 | 6:29 PM ET
    Google Chairman Eric Schmidt sits in a Google self-driving car at the Google headquarters in Mountain View, California.

    A California decision that Uber drivers are "employees" won't matter once self-driving cars become reality.

  • Billionaire Ron Baron: 2 stocks with huge upside Wednesday, 17 Jun 2015 | 1:14 PM ET
    Ron Baron, Chairman & CEO of Baron Capital.

    Billionaire buy-and-hold investor Ron Baron tells CNBC he's betting on explosive growth for Tesla and big things from Manchester United.

  • GM uses old Volt batteries to power office building Tuesday, 16 Jun 2015 | 2:30 PM ET

    June 16- General Motors Co said on Tuesday it is using old batteries from its first-generation Chevrolet Volt extended-range electric car for secondary purposes including powering an office building. The company, which is close to launching the second-generation Volt hybrid plug-in car, said repurposed five used batteries from the first-generation Volt...

  • Here's how many cars Tesla wants on the road by 2020 Tuesday, 16 Jun 2015 | 1:01 PM ET
    Tesla S automobiles

    Tesla hopes to have 1 million of its electric vehicles on the road within the next five years, according to a recent report.

  • SpaceX announces Hyperloop design contest Monday, 15 Jun 2015 | 12:49 PM ET
    ET3 Hyperloop concept

    SpaceX will host a competition to build and test Hyperloop pods, a futuristic idea of Elon Musk's for high-speed mass transit.

  • CAPE CANAVERAL, Fla., June 15- Two years after unveiling plans for a futuristic, high-speed Hyperloop transportation system, technology entrepreneur Elon Musk announced plans for building a test track in southern California and a competition for prototype pods, documents obtained by Reuters show. Several companies subsequently announced plans for pilot...

  • June 15- Tesla Motors Inc's upcoming Model 3 electric vehicle project will result in the creation of a sedan and a crossover vehicle, the Wall Street Journal reported on Monday. The company expects the Model 3 project to help push sales toward 500,000 annually by the end of the decade, the Journal said, citing Tesla's chief technical officer, JB Straubel, who spoke...

  • UPDATE 1-Tesla enters into $500 mln credit facility Friday, 12 Jun 2015 | 6:14 PM ET

    June 12- Electric car maker Tesla Motors Inc said on Friday that along with its subsidiary, Tesla Motors Netherlands B.V., it had entered into a $500 million senior secured asset-based revolving credit agreement. The agreement was signed with a group of banks, including Deutsche Bank, Bank of America, the company said. Tesla said in May that it planned a total of $1.5...