Tesla Inc. is splitting its richly valued shares in a 5-for-1 exchange, a move designed to make the stock less expensive for individual investors after the company became the world’s most valuable automaker.
August 12, 2020Business, Technology, Fuel, Autonomous
Tesla Splits Stock to Make Lofty Shares Attainable Again
Business, Technology, Fuel
Electric Car Startup Fisker Misses Deadline for Supply Deal With VW
Fisker Inc. missed a self-imposed deadline for a technology-sharing deal with Volkswagen AG that the electric-vehicle startup had described as key to cutting costs.
July 31, 2020Business, Technology, Fuel
Nikola Breaks Ground on Arizona Plant
Nikola Corp. broke ground July 23 on a new electric-truck factory in Coolidge, Ariz., that it hopes to open next year, but first the startup needs to figure out a way to pay for the 1 million square-foot facility and other expenses with little cash on hand.
July 23, 2020Business, Safety
N.Y. Auto Show Likely to Be Delayed to August Because of Virus
The annual New York auto show probably will be pushed back to August from April due to the coronavirus.
March 10, 2020