Vectrix Assets To Be Auctioned June 18, 2014

Electric scooter maker Vectrix, which a few months ago ultimately went underwater, soon will be auctioned. The Bankruptcy Trustee announced in May that the company’s assets will be auctioned on June 18, 2014, at its New Bedford, Massachusetts former headquarters. “Introduced in 2006, the Vectrix was the first commercially available high…

3 years ago by Mark Kane 0

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 years ago by Mark Kane 1

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…

3 years ago by Cody Osborne 20