Tesla’s (TSLA) massive valuation could make S&P 500 inclusion complicated

Tesla (NASDAQ: TSLA) is set to join the S&P 500 on December 21st, making it one of the newest members of the world’s most influential stock index. However, Tesla’s gigantic market capitalization, which has made it the most valuable car company globally, could make the inclusion process slightly more complicated than initially planned. Tesla’s over […]

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Lordstown electric truck update, $35K Tesla Model 3 nixed, Canoo wraps: Today’s Car News

The Tesla Model 3 Standard Range is now even off the secret menu. Canoo plans to use wraps to help customers customize their subscription EVs. And Lordstown Motors reports a lot of interest in its electric truck. This and more, here at Green Car Report…

Skeleton Technologies raises $48.5 million to expand the competitive advantage of ultracapacitors


Ultracapacitor manufacturer Skeleton Technologies has announced the completion of a €41.3-million financing round. All the company’s existing investors participated in the equity raise, and were joined by European entrepreneurs and international investors.  Skeleton CEO Taavi Madiberk said, “The roadmap to zero emissions needs innovation and a mix of enabling technologies. Ultracapacitors are a key enabler for… Read more »

Outsider joins the establishment: S&P 500 index welcomes Tesla


S&P Dow Jones Indices has announced that Tesla will be added to the benchmark S&P 500 index. “TSLA will be added to the S&P 500 effective prior to the open of trading on Monday, December 21, to coincide with the December quarterly rebalancing effective date,” the financial institution drily proclaimed. The California carmaker’s market cap… Read more »

Tesla, Lucid, Rivian, and others join forces to create ZETA: a push for electric cars only by 2030

Twenty-eight companies in the electric vehicle industry, including big names like Tesla, Lucid, and Rivian, have joined forces to create a new organization called ZETA, with the goal to push for 100% electric vehicle sales by 2030.
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