4 result(s) displayed (1 - 4 of 4):

Tesla stake for Abu Dhabi's sovereign fund (from Corporate Dealmaker)

Oil-rich Abu Dhabi is increasing its commitment to the cleantech market via its sovereign wealth fund, Aabar Investments PJSC.Aabar has announced the purchase of a stake in high-end electric carmaker Tesla Motors Inc. Aabar bought the 4% holding from Daimler AG, which still holds about 6%. Terms were not disclosed,...

Posted on July 13, 2009 10:30 AM

Obama bets billions to fuel electric car race (from Corporate Dealmaker)

For a while now we've covered news of automakers driving ahead with plans for electric vehicles and lithium-ion battery makers jostling for position to profit from this initiative. The Wall Street Journal shone its own light on this race and highlighted the government's role.The report said the Energy Department has...

Posted on May 26, 2009 1:14 PM

Indy e-car maker Tesla looking for $350m DOE check (from Corporate Dealmaker)

Tesla Motors Inc. CEO Elon Musk is a determined and optimistic man, even though his Silicon Valley firm is losing money. The electric car maker's fourth chief has been held up by production delays but expects profitability by mid-year. Much of his hope rests on a $350 million check from...

Posted on February 12, 2009 3:45 PM

Electric car battery makers jostle for position (from Corporate Dealmaker)

The most recent news on the battle for market share supplying lithium-ion batteries for electric cars comes from Johnson Controls Inc. of Milwaukee and from Silicon Valley's Tesla Motors.Automakers and their suppliers hammered by a global financial meltdown are placing many bets on the hyrbid and electric car market. They...

Posted on January 15, 2009 1:54 PM