Tesla passes GM as Musk’s car maker becomes America’s top-valued

Elon Musk’s Tesla Inc. briefly surpassed General Motors Co. to become America’s most valuable carmaker, eclipsing a company whose well-being was once viewed as interdependent with the nation’s. A week after topping Ford Motor Co., Tesla climbed as much as 3.7 per cent in early Monday trading, boosting its market capitalization to $51-billion. Tesla and […]

Faraday Future Introduces Its Would-Be Tesla Killer, the FF91

It’s been a rough year for erstwhile electric car company Faraday Future. Several members of a senior staff recruited from the likes of Tesla, BMW, and Google, as well as the aerospace and medical device sectors, reportedly jumped ship. The company fell behind in paying the contractor building its factory in Nevada, where state treasurer […]