Porsche is stepping up hiring with more than 1,400 new positions for production of its first all-electric sports car, as it takes on Tesla.
Tesla's boss Elon Musk has unveiled an ambitious expansion plan to build electric trucks and buses as well as set up car sharing and solar energy systems.
US safety regulators want detailed information from electric car maker Tesla about the design, operation and testing of its Autopilot technology following a fatal crash in May.
Electric car maker Tesla plans to hugely accelerate production of its upcoming Model 3 mass-market vehicle to 500,000 cars a year from 2018, but sceptics are doubtful founder Elon Musk can do it.
Over recent years after the 2008 financial crisis the some of the world’s biggest banks paid billions in fines for helping wealthy clients evade
A sneak preview of Tesla Motors' Model 3 has generated more than 180,000 pre-orders in less than two days, even as sales of all-electric and hybrid vehicles are down.