article thumbnail

Elon Musk was ‘recklessly’ Tweeting during 2018 ‘funding secured’ saga: Federal Judge

Teslarati

When Elon Musk Tweeted about potentially taking Tesla private in 2018, he was ‘recklessly’ communicating about an unfinalized deal, according to U.S. “No reasonable jury could find that Mr. Musk did not act recklessly given his clear knowledge of the discussions,” Judge Chen said regarding Musk’s 2018 Tweet.

2018 97
article thumbnail

In Q3, Tesla posts best net income, operating profit and gross profit

Green Car Congress

This was accomplished while Tesla ASP (averaged selling price) decreased by 6% YoY in Q3 due to a continued shift in the mix towards lower-priced vehicles. billion in Q3, driven mainly by net debt and finance lease repayments of $1.5 billion in Q3, driven mainly by net debt and finance lease repayments of $1.5

Tesla 186
article thumbnail

Electric Vehicle Spotlight: Financing Rivian R1S

EV Life

American EV manufacturer Rivian Automotive initially unveiled a prototype of its futuristic all-electric SUV—the R1S—at the Los Angeles Auto Show in November 2018. This article will explore the Rivian R1S, examining its available models and premium features and showcasing how financing the R1S through EV Life can save you both time and money.

article thumbnail

Roskill: record cobalt deals in Q1 2018 show raw material procurement for Li-ion batteries revving up

Green Car Congress

While some cathode manufacturers, battery makers, and even auto OEMs, closed or tried to close several lithium supply deals in 2017, cobalt- and nickel-related transactions seem to be taking over in 2018, perhaps with the realization that future cobalt and nickel supply is not as secure as lithium and graphite. Earlier post.)

Li-ion 150
article thumbnail

Aemetis RNG production exceeds plan by 20% during Q2 2023

Green Car Congress

The price of D3 RINs has already increased about 30% to $2.85 in 2018 to build a network of assets to capture methane from dairy lagoons, focused on the 80 dairies that are existing feed customers of the Aemetis ethanol plant and other local dairies that supply milk for cheese production and other products.

article thumbnail

IHS Markit: US oil production growth heading for a major slowdown, as capital discipline and weak prices play out

Green Car Congress

Going from nearly 2 million barrels per day annual growth in 2018, an all-time global record, to essentially no growth by 2021 makes it pretty clear that this is a new era of moderation for shale producers. The combination of closed capital markets and weak prices are pulling cash out of the system. —Raoul LeBlanc.

Oil 170
article thumbnail

2018 Honda Clarity Electric hits dealerships in California and Oregon with $199 lease deal

Green Car Reports

The 2018 Honda Clarity Electric car rolled into California and Oregon dealerships this week, but nobody can buy it. That figure reflects the $7,500 federal tax credit, which Honda finance will keep as part of the capitalized cost reduction of the lease.

Oregon 94