Finance

YASA Motors

YASA Motors Raises Over $8M To Increase Production Capacity

British company YASA Motors, a developer of small, light electric motors, announced that it secured £5M funding (over $8 million). “YASA Motors, the company delivering ultra-high performance electric motors, has received a strong boost with the investment of £5m.  The new equity finance has been raised from a combination of…

3 months ago by Mark Kane 1

Elon Musk Celebrates Model S Production

Elon Musk Tops Highest Paid CEO List

If you recall, a month back we reported on Elon Musk feeling “financially comfortable.” It seems he was finally stable enough to quit renting, so he then purchased a home. A $17 million dollar home. Now we get an idea of just how comfortable he is, and you gotta believe…

4 months ago by Cody Osborne 20

Valence Technology battery modules

Valence Technology Exits Chapter 11 Bankruptcy

Li-ion battery manufacturer Valence Technology, based in Austin, TX, announced that soon will exit Chapter 11 bankruptcy, which the firm filed in mid-2012: “I am pleased to announce that yesterday the US Bankruptcy Court for the Western District of Texas approved Valence Technology’s plan to exit Chapter 11. As part…

5 months ago by Mark Kane 2

Tesla Stock to Hit $500 Per Share?

Tesla Stock on its Way to $500 Per Share?

Could Tesla Motors’ stock actually be under priced? At one point in time, shares of TSLA were going for nearly $200.  Right now, TSLA is at ~ $150 (real time quote can be found here), but is $500 per share possible? Seeking Alpha makes the case for TSLA to hit…

5 months ago by Eric Loveday 5