The EV startup burned through $800 million by the middle of 2018 and was seeking an installment of $700 million from Evergrande as operating cash for the remainder of the year, which was expected to see the start of production for the FF 91. Evergrande allegedly refused to provide the $700 million, which triggered the arbitration that is being conducted in Hong Kong.....
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Kia Telluride Rakes In
As first reported by Cars Direct, the Telluride's average transaction price since going on sale eight months ago is over $40,000, meaning most buyers are going with the top-spec SX trim or spending money on options for the midrange EX...
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If Tesla doesn't make it because of mismanagement and misbehavior by Musk, and if the company goes down in flames like DeLorean, Bricklin and Tucker, there is at least one Musk legacy that is undeniably brilliant: Tesla's nationwide network of Supercharger ....
We've seen this before: automakers offering the first example of a highly anticipated new model up for auction to benefit a charity...
