Tesla Motors increased the value of its stock and debt offerings 30 percent to $1.08 billion to gather reserves and pay back its Energy Department loans, Bloomberg reports.
Tesla Motors' plan to raise $830 million through stocks and securities could keep the company on track to reach its goals but could galvanize critics to question its ability to raise funds, The New York Times reports.
Aiming to be the first company to repay its Energy Department advanced vehicle loan, Tesla Motors Inc. plans to sell as much as $830 million in stock and debt, Bloomberg reports.
Senate Commerce, Science, and Transportation Committee hearing, "The Road Ahead: Advanced Vehicle Technology and its Implications." NHTSA Administrator David Strickland, Alliance of Automobile Manufacturers President Mitch Bainwol among witnesses.
DETROIT (AP) — The Tesla Motors Inc. Model S electric car has tied an older Lexus for the highest score ever recorded in Consumer Reports magazine's automotive testing.
Tesla Motors Inc. CEO Elon Musk said he is discussing plans with Google to add self-driving systems to the company's electric vehicles, Bloomberg reports.
LONG BEACH, California (AP) — In less than a year, many of the towering cargo ships loading and unloading goods at California ports won't just tie up at dock — they'll also plug in.
The American Petroleum Institute said the EPA ignored federal law by shortening the public comment period for its regulation to cut sulfur content in fuel, The Hill reports.
Sen. Sheldon Whitehouse, D-R.I., apologized for referencing the Oklahoma tornadoes while criticizing Republicans on climate change during his weekly Senate speech, Fox News reports.
Harold Brooks, a researcher at the National Severe Storms Laboratory, said powerful tornadoes can't be blamed on climate change without more data, Bloomberg reports.
Despite successful tornado warnings in Oklahoma, Congress currently plans to let furloughs for National Oceanic and Atmospheric Administration forecasters take effect, Politico reports.
Tesla Motors' plan to repay its Energy Department loan as early as today offers President Obama a major victory after two years of criticism for his clean-energy plans, Bloomberg reports.
A poll from Yale and George Mason universities found a majority believe national leaders should put priority on combatting global warming and developing clean energy, the Los Angeles Times reports.
The European Union's probe into possible energy price manipulation has brought focus to oil companies' trading desks, units that sometimes take more risks than Wall Street firms, Reuters reports.
Indonesian authorities arrested Chevron executive Bachtiar Abdul on corruption charges despite a 2012 court order clearing him of wrongdoing, Reuters reports.
Chinese Premier Li Keqiang said his country and Pakistan should expand cooperation on power generation to help alleviate Pakistan's energy crisis, Reuters reports.
