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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.

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.

Porsche

Porsche to Invest in Israeli Auto-Tech Industry

German automaker Porsche announced on Thursday it will invest tens of millions of euros in Israeli auto-tech startups, following a trend by US automakers including Ford Motor Co. and high-tech firms like Intel heavily buying into Israel’s emerging self-driving car market.

Hit and Run Shooting-Hummer

Police: Woman in Porsche Shoots Would-Be Carjacker

Atlanta police are reporting an alleged hit-and-run driver tried to carjack a white Porsche, only to be shot by a passenger riding in the vehicle. The incident occurred in “the Buckhead area.” CBS 46 reports that the Porsche passenger was

Tesla offered SolarCity between $26.50 and $28.50 a share, depending on a volume-weighted five-day average price of Tesla shares

Tesla: Best-Loved Brand, Lowest-Tier Reliability

Consumer Reports found that a higher percentage of Tesla owners than any other car company would buy another Tesla, while the same publication rated Tesla a dismal number 25 out 29 car makers in reliability.

VW-AFP_Getty

CEO Resigns as VW Scandal Could Cost up to $30B

CEO Martin Winterkorn just stepped down as CEO of VW Group after the company admitted that for the last 6 years they had installed sensor “defeat device” software to reduce emissions readings by up to 98 percent in 500,000 diesel-powered cars sold in the United States.