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Daimler Financially Divests From Tesla, BMW Could Step In
Over five years ago, Daimler AG acquired a 9.1 percent interest in Tesla, gaining 1,000 battery packs for its Smart EV in exchange for helping to put the Model S on the road to production.
Wednesday, Daimler sold its remaining 4 percent in the company, netting $780 million for the trouble.
Tata To Enter Global Passenger Market With Help Of Jaguar Land Rover
Having done well with Jaguar Land Rover in its portfolio, Tata Motors is now turning to its premium subsidiary for its own foray into passenger cars and SUVs.
Tesla May Soon Make EV Patents Available To All
Ever wanted your own Tesla, but didn’t have the thousands of dollars to order one? The automaker could soon make your dream possible by providing the patents to anyone who wants to make their own Tesla-based EV.
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