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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.

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.