Tesla’s future will be funded by $1.5 billion in debt

August 12, 2017

Fueled by debt.Image: Yuya Shino/Epa/REX/Shutterstock The next part of Tesla’s future will be fueled by debt. Elon Musk’s automaker is issuing $1.5 billion in debt to fund its plans. That means that instead of raising funding from investors, the company will offer $1.5 billion of debt a a form of capital. It’s a new move for Tesla, which has always sold off pieces of the company to fund its operations….

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How to watch Tesla’s historic Model 3 event live

July 29, 2017

Image: tesla It’s finally here. Today is the day Tesla Motors will make automotive history, delivering about 30 brand new Model 3 electric vehicles to the first batch of customers. SEE ALSO: Tonight Elon Musk delivers 30 Model 3 Teslas and things may never be the same Mashable will be on the ground at the Model 3 event in Fremont, California, at Tesla’s factory, but if you’re itching to watch…

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Normal human Elon Musk shows up to chill beach party wearing full suit

July 12, 2017

Image: Allen J. Schaben/Getty Tesla and SpaceX co-founder, business magnate, former Trump adviser, and all around Real Human Man Elon Musk let down his hair recently when he attended a fun beach party … wearing a full suit. In an episode of And um … not trying to brag or anything, but I think I look good for 500 Elon Musk (@elonmusk) June 7, 2017 He also possibly practices magic.

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This factory once made gas-guzzling Hummers now it’s making electric cars

June 23, 2017

Electric cars are in, Hummers are out at an Indiana plant.Image: Getty Images for Go Ultra Low A U.S. auto plant that once made giant gas-guzzlers will now make cars that don’t need gas at all. AM General, which previously built the Hummer H2, sold its factory in South Bend, Indiana to the electric carmaker SF Motors, both firms announced Thursday. SF Motors will pay $110 million to produce “intelligent…

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