Elon Musk, SEC to take time to resolve..
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.
Filed under: Volvo,Automotive History,Wagon,Performance,Classics
Continue reading Junkyard Gem: 1994 Volvo 850 Turbo Wagon
Junkyard Gem: 1994 Volvo 850 Turbo Wagon originally appeared on Autoblog on Sat, 18 May 2024 16:00:00 EDT. Please see our terms for use of feeds.
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As the fall new-model season begins to heat up, here’s a look at some of the most interesting and important vehicles debuting between now and fall 2020...
The new tunnel was excavated along a path that runs not through Los Angeles but beneath the tiny adjacent municipality of Hawthorne, where Musk's Boring Company and his SpaceX rocket firm are both headquartered. Musk, best known as head of the Tesla electric car manufacturer and energy company, launched his foray into public transit after complaining on Twitter in December 2016 that L.A.'s traffic was "driving me nuts," promising then to "build a boring machine and just start digging.".....
One particularly interesting bit regarded the shooting brake, which Nurnberger said, "we sort of started it and then realized to make a really good shooting brake we had to do a lot more engineering." Thus, the long-roof Vanquish actually has a longer wheelbase than the rest of the cars. According to Nunberger, the rear of the car is taken from a modular platform and is essentially a rear of a Rapide that has been added on. Of course, that required total reengineering, retesting, as well as re-crashing to bring it to production......
