Tesla Motor Inc. on August 1st announced it had reached an agreement to acquire SolarCity in an all-stock offer valued at US$2.6 billion, with approximate US$ 25.37 a share, in Q4. SolarCity shareholders will receive 0...  more

Most of Tesla’s EV-use lithium-ion (li-ion) batteries are supplied by Panasonic. However, it is reported that Tesla may expand its supplier pool and will purchase batteries from Samsung SDI. According to Nikkei (...  more

Enel Green Power SpA is introducing a version of Tesla Motors Inc.’s home-power kit to help South African retail customers solve the rising electricity prices and grid outages.   With South African power tariffs s...  more

The mid-class car drivers have been waiting for a more affordable Tesla vehicle, and it comes! Tesla CEO Elon Musk officially released the Tesla Model 3 on March 31 in California, and the prices are set to start at US$...  more

MIT Technology Review publishes its annual 10 Breakthrough Technologies list. The list identifies innovations from the past year that solve difficult problems or create powerful new ways of using technology. These are the breakthr...  more

Last week, a company named Actev Motors introduced the smart go-kart for kids – the Arrow Kart. The Arrow Kart costs US$ 599, with a top speed of 12 miles per hour. This week, Tesla announced the partnership with...  more

Panasonic Corp., which produces the lithium-ion batteries for Tesla Motors Inc.’s cars, will begin selling batteries that power homes in Europe. It will start out with Germany because this is where people are given greater i...  more