Tesla Motors chairman Elon Musk is serious about getting beyond sports cars.
At a press conference with California Governor Arnold Schwarzenegger, Tesla co-founder and chairman Elon Musk said the company has an ongoing program to produce an all-electric car that will cost under $30,000. It probably take “four years at most” to get such a car [...]
Despite the near daily hum telling us that we’re in big trouble, sometimes we read something that makes us think: wow, we’re in big trouble. An Ernst & Young report released yesterday profiling 40 benchmark oil exploration and production companies in the U.S. found oil production has remained flat at 1.2 billion barrels per year [...]
A resolution to separate the chairman and CEO positions at ExxonMobil failed to receive a simple majority today at the energy company’s annual shareholder meeting in Dallas. The resolution was one of four promulgated by descendants of Standard Oil founder John D. Rockefeller aimed at getting ExxonMobil to focus on energy portfolio diversification and environmental [...]
A colleague of mine recently told me of a conversation he had with a friend of his in the investment community. Greentech is more concept than reality, the investor said, and the market is bound for a drastic shift once investors figure that out. A lot of the focus in the greentech market is on [...]
This past weekend, I was talking about a tech company with a friend of mine. The company in question looked promising, but the exit strategy patently seemed geared toward a quick sale.
“It’s a burger,” he said. “Born to flip.”
That description will become more common in the world of biofuels. A whole raft of cellulosic [...]
Automaker Nissan will announce plans today to launch an electric vehicle in the U.S. and Japan by 2010. In doing so, Nissan will be the first major automaker to bring an EV to the U.S. market. It will expand the line globally by 2012.
Nissan is also working with corporate partner Renault on developing an EV [...]
Green Light is the traffic cop at the intersection of green technology, business and policy. We cover the highs and lows of the greentech market, providing news, commentary and analysis on the companies and personalities–-winners and losers alike-–driving its growth and evolution.
Buildings are the George Harrison of green tech. Usually, it's the first two guys--solar and biofuels--that come to mind when the green tech gets debated. ...
Tesla Motors chairman Elon Musk is serious about getting beyond sports cars. At a press conference with California Governor Arnold Schwarzenegger, Tesla co-founder and chairman Elon ...
Despite the near daily hum telling us that we're in big trouble, sometimes we read something that makes us think: wow, we're in big trouble. ...
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