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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BMW M5 CS
BMW M5 CS Said To Come Later This Year With 641 Horsepower
Prepare to fork out more than $120,000, BMW took the wraps off the facelifted 5 Series less than a month ago, and yet we’ve already seen our fair share of performance versions based on the LCI. The Alpina B5 and D5 S were released a couple of weeks ago in both sedan and wagon flavors, followed by BMW’s own M5 and M5 Competition models. Should you want the absolute top-of-the-line variant, it’s apparently coming later this year when the M5 CS is expected to break cover.....
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As the Tesla Inc. go-private saga enters its ninth day, many are wondering when regulators will decide whether Elon Musk broke the rules by dripping out details so haphazardly.