Tesla is raising cash. The electric-car maker on Thursday revealed plans to sell a combination of stock and debt to raise about $2 billion of cash. Tesla plans to sell 2.72 million shares and $1.35 billion worth of notes, the automaker said in a filing …
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Elon Musk says Tesla’s cars will defy the laws of the auto market and become more valuable over time. Experts say he’s probably wrong. (TSLA)
In recent weeks, Tesla CEO Elon Musk has made and detailed the extraordinary claim that Tesla vehicles will defy the laws of the automotive market by becoming more valuable after customers purchase them. “If you buy a Tesla today, I believe you are buying …
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A Tesla Model S caught fire in a garage in San Francisco (TSLA)
A Tesla Model S sedan caught fire in a garage in San Francisco, the San Francisco Fire Department tweeted on Friday. The incident was reported around midnight on Friday. Firefighters saw smoke near the vehicle’s rear right tire, though the vehicle was not …
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An auto exec who was ahead of the curve on electric cars explains what he sees as the biggest opportunity in the self-driving industry
In some ways, Tony Posawatz is the forgotten man of the electric-car revolution. The longtime auto executive oversaw the launch of the Chevy Volt in 2011, ushering in a critical transitional vehicle. The Volt served up about 50 miles of all-electric range …
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Jack Dorsey Is Gwyneth Paltrow for Silicon Valley
Dorsey is techs foremost manfluencer, guiding his followers toward optimum cognitive performance. Or, at least, hunger. (Source: The New York Times) Young men are staggering around, hungry for days. They are throwing themselves into ice baths and cryotherapy…
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