Elon Musk, SEC to take time to resolve..



Elon Musk, SEC to take time to resolve..

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As the Tesla Inc. go-private saga enters its ninth day, many are wondering when regulators will decide whether Elon Musk broke the rules by dripping out details so haphazardly.
History suggests it might take a while.
At the center of the Tesla controversy is what Musk meant when he tweeted Aug. 7 that he had secured funding for a buyout without providing any specifics to back up the claim. Almost a week later he said his confidence was based on conversations with a Saudi Arabian sovereign wealth fund, which had long expressed interest in taking the company private.

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VW speeds up production of next-generation Golf

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Volkswagen will start deliveries of its new Golf hatchback in December after shaving an hour off the time needed to build its flagship model, the board member responsible for production at the VW brand said on Tuesday. Volkswagen's main factory in Wolfsburg, Germany is preparing to make 450,000 Golf cars a year with the manufacturing time of the eighth-generation model sped up by one hour per vehicle, Andreas Tostmann told journalists in a call. Because VW is able to re-use 80% of

Continue reading VW speeds up production of next-generation Golf

VW speeds up production of next-generation Golf originally appeared on Autoblog on Tue, 22 Oct 2019 13:02:00 EDT. Please see our terms for use of feeds.

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Refreshed 2020 Nissan Titan XD Gets More Safety Tech, Loses Diesel Option

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Hot on the heels of the face-lifted 2020 Titan, the larger 2020 Nissan Titan XD debuts with a refreshed look inspired by the Titan Warrior Concept like its smaller sibling. For 2020, the Nissan Titan XD will only be available as a crew cab with a 6.5-foot bed and four-wheel drive as standard. Two-tone exterior […]

The post Refreshed 2020 Nissan Titan XD Gets More Safety Tech, Loses Diesel Option appeared first on MotorTrend.

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The EV startup burned through $800 million by the middle of 2018 and was seeking an installment of $700 million from Evergrande as operating cash for the remainder of the year, which was expected to see the start of production for the FF 91. Evergrande allegedly refused to provide the $700 million, which triggered the arbitration that is being conducted in Hong Kong.....

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