Business

Tesla shares tumble as Musk says stock is overvalued

Irascible, outspoken Tesla chief Elon Musk went on another Twitter rant Friday, including saying the company's stock was overvalued, which sent the electric carmaker's shares tumbling.

Energy & Green Tech

Mobility technology: Will transport revolution live up to the hype?

Over the past decade almost US$200 billion has been invested globally in mobility technology that promises to improve our ability to get around. More than US$33 billion was invested last year alone. Another measure of interest ...

Energy & Green Tech

E-car sales in Norway reach new record high

Sales of new electric cars in Norway hit a record high last year, sector experts said Friday, reaching 42.4 percent of all nearly-registered cars in 2019, mostly thanks to strong demand for Tesla's Model 3.

Business

Current, former VW bosses face 'market manipulation' charges

Weeks after its latest attempted new start with an all-electric car, Volkswagen is again in the legal weeds over its years-old "dieselgate" scandal, as charges against top executives pile on top of mass lawsuits by investors ...