Tesla chief Elon Musk says the pioneering electric vehicle company will remain publicly traded

Goldman Sachs Predicts 30% Drop in Tesla Stock

Goldman Sachs has predicted a 30 percent drop in Tesla’s stock price over the next 6 months as the company faces increased competition and reportedly struggles to meet production goals.

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BMW to Build Electric Mini in Oxford After Brexit

FRANKFURT, Germany (AP) — Germany’s BMW will make the electric version of its Mini compact cars at its factory in Oxford, England, a decision that comes at a time when automakers are scrutinizing investment plans due to Britain’s impending departure from the European Union.

German car maker Volkswagen was hit with additional environmental penalties in California in the latest chapter in the 'dieselgate' scandal

Report: German Carmakers May Have Colluded on Diesel Systems

FRANKFURT (Reuters) – Germany’s carmakers VW, BMW, Audi, Porsche may have colluded to fix the prices of diesel emissions treatment systems using industry committees, German magazine Der Spiegel reported on Friday.

Tesla CEO Elon Musk speaks during an event to launch the new Tesla Model X Crossover SUV on September 29, 2015 in Fremont, California.

Tesla Misses Deliveries by 12%; Stock Plunges

Tesla’s stock plunged by $1.5 billion in after-hours trading on Tuesday following the company’s announcement that it missed Wall Street’s vehicle delivery estimates for the fourth quarter of 2016 by 12 percent.

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Obama Wants $4 Billion to Subsidize Silicon Valley Driverless Cars

In the Obama Administration’s latest welfare for Silicon Valley billionaires, the President intends to ask Congress for $4 billion in federal subsidies and nationalization of transportation safety regulations in an effort to speed the deployment of driverless cars.