Musk defends timing of Tesla’s $2.6 bln deal for SolarCity

Elon Musk told a judge on Tuesday Tesla Inc (TSLA.O) had to buy SolarCity in 2016 because the failing solar panel company was essential to the electric vehicle maker’s long-term goal of accelerating the transition to sustainable energy.
Chinese EV Maker Xpeng to raise $1.8 bln in Hong Kong listing

Chinese smart electric vehicle maker Xpeng Inc said it would raise $1.8 billion to expand its product line-up and develop its technology, by pricing its shares on Wednesday at HK$165 ($21.25) each in a Hong Kong dual primary listing.
U.S. regulators to more closely monitor advanced driver safety systems

U.S. regulators on Tuesday said they would keep a closer eye on the automotive industry as it rolls out advanced driver safety systems, tracking the new technologies to spot potential defects faster.
Analysis: When do electric vehicles become cleaner than gasoline cars?

You glide silently out of the Tesla (TSLA.O) showroom in your sleek new electric Model 3, satisfied you’re looking great and doing your bit for the planet.
Musk set to tout Starlink progress as cost, demand hurdles linger

Don Joyce, a Nokia director working from home at a remote lake cottage in Canada, recently abandoned his painfully slow phone-line internet in favor of satellite broadband service Starlink, offered by Elon Musk’s SpaceX.
Tesla lifts Nasdaq to record-high close

The Nasdaq climbed to a record-high close on Wednesday, fueled by a rally in Tesla Inc (TSLA.O), with investors cheering data that showed a record peak for U.S. factory activity in June.
U.S. Fed reverse repo volume hits record $813.57 bln

The Nasdaq hovered near its all-time high on Wednesday, helped by a boost from Tesla shares, with investors cheering data that showed a record peak for U.S. factory activity in June.
Nasdaq hits record high as factory activity scales new peak

The Nasdaq hit an all-time high on Wednesday, helped by a boost from Tesla’s shares, with investors cheering data showing U.S. factory activity climbed to a record peak in June.
EXCLUSIVE Harvard wasn’t pressured over Toshiba, former Japan adviser says

A former Japanese government adviser said he did not put pressure on Harvard University’s endowment fund to influence its voting at Toshiba Corp’s (6502.T) contested shareholder meeting last year, and that the fund should “set the record straight”.
China’s EV maker Xpeng gets approval to list in Hong Kong -source

The listing committee of the Hong Kong Stock Exchange has approved Chinese electric vehicle maker Xpeng Inc (XPEV.N) for a dual primary listing in the Asian financial hub, a source with direct knowledge of the matter told Reuters.