Tesla settles lawsuit with Walmart over solar panel installations, fires

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Walmart Inc has settled its lawsuit alleging Tesla Inc of negligence in installing solar panels atop hundreds of the retailer’s stores and resulting in at least seven fires. In a joint statement on Tuesday, both companies stated were “pleased to have resolved the issues raised by Walmart” regarding the installations, and looked forward to “a […]

Elon Musk’s Neuralink Corp could allow uploading and downloading thoughts

Elon Musk

Tesla founder and CEO Elon Musk has introduced a company called Neuralink Corp through which computer systems might integrate with brain of human, the Wall Street Journal reported, mentioning people knowledgeable about the matter. Neuralink is pursuing what Musk considers the “neural lace” innovation, implanting tiny brain electrodes that might one day upload and download […]

Tesla’s SolarCity vote comes as rooftop solar rise hits the brakes

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The roof solar market has slowed dramatically this year as the sector moved from among scrappy upstarts to a mature company Latest quarterly incomes reports from sector leaders SolarCity Corp, Vivint Solar Inc and SunPower underscored the remarkable downturn in development, with SolarCity and Vivint reporting practically flat setups for this year compared with 2015. […]

Tesla Motors’ SolarCity deal receives a boost from ISS blessing

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ISS supercharged Tesla Motors’ strategy to purchase solar panel installer SolarCity Institutional Shareholder Services (ISS) gave a boost to Tesla Motors’ plan to purchase solar panel installer SolarCity For over $2 billion, by suggesting that investors of both business vote for the deal, the advisory company stated on Friday. “The deal is an essential action to […]

Tesla: Elon Musk adds solar roofs to his clean energy vision

Elon Musk adds solar roofs, Tesla Motors

Tesla Motors CEO Elon Musk on Friday revealed brand-new energy items targeted at showing the benefits of integrating his electrical automobile and battery maker with solar installer SolarCity Corp. The billionaire business owner revealed of solar-powered roofing tiles that get rid of the requirement for conventional panels and a longer-lasting home battery, which Tesla regards […]