Two entrepreneurs at a startup company in Hong Kong have raised nearly HK$200 million (US$25.8 million) from crowdfunding website Kickstarter and venture capital funds to produce smart coffee machines ...More
EJ Insight2016-04-13
Tesla Motors Inc. is recalling 2,700 Model X sport utility vehicles to repair the third-row seats after strength tests found a potential problem. It's the first such action for the SUV "out of an abun ...More
EJ Insight2016-04-12
Electric car maker Tesla Inc. said it had received more than 325,000 orders for its new Model 3 sedan in the first week of bookings, Reuters reported. The reservations, which can be made by paying a r ...More
EJ Insight2016-04-08
Tesla Motors Inc. is promising investors it will start making money this year and will no longer be burning cash. Chief executive Elon Musk told a conference call the company is determined to cut cost ...More
EJ Insight2016-02-11
Tesla Motors chief executive Elon Musk will invest US$20 million in the company's US$500 million stock offering in a show of confidence at a time when the electric carmaker is burning through cash, Re ...More
EJ Insight2015-08-14
