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Tesla partners with Origence

The Paypers

Tesla has announced its partnership with US-based lending technology company Origence in order to provide credit union financing to electric vehicle buyers.

Lending 48
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Elon Musk Says Next Teslas Will Have Netflix, YouTube

PYMNTS

Tesla is adding to its in-car entertainment features and will soon offer Netflix and YouTube streaming on its vehicles’ multimedia screens, Tesla CEO Elon Musk announced in a tweet on Saturday (July 27). Despite this, many analysts predict it will be many years before the technology is ready.

Arizona 133
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Tesla Aims To Offer $2B In Common Stock

PYMNTS

Only two weeks after Chief Executive Elon Musk indicated that Tesla was not looking to bring in more capital, the electric automaker says it intends to have a $2 billion common stock offering. In separate news, Tesla delivered 112,000 vehicles globally with a chart-topping fourth quarter that exceeded Wall Street estimates.

Security 130
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Tesla To Have Robotaxi Fleet By 2020; Waymo To Build Self-Driving Cars In Detroit

PYMNTS

Tesla CEO Elon Musk said he will launch the company’s robotaxi program by 2020, according to reports. “I I feel very confident predicting that there will be autonomous robotaxis from Tesla next year – not in all jurisdictions, because we won’t have regulatory approval everywhere,” Musk said, although he didn’t mention specific regulations.

Detroit 148
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Tesla Introduces Self-Driving Microchip, Says Autonomous Taxis Are A Year Away

PYMNTS

Tesla invited investors and analysts to its California headquarters on Monday (April 22) to introduce a new microchip for self-driving cars and convince them that it will have an edge in the autonomous car industry, according to Reuters. Despite this, many analysts predict that it will be many years before the technology is ready.

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JPMorgan sues Tesla for $162m after Musk tweets soured share deal

TheGuardian

Investment bank says it lost millions because of tweets by Elon Musk that he might take electric carmaker private JPMorgan has sued Tesla for $162.2m, accusing Elon Musk’s electric car company of “flagrantly” breaching a 2014 contract relating to stock trading options that Tesla sold to the bank. Continue reading.

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Can Tesla Out-Uber Uber?

PYMNTS

The news last week that Tesla Motors is getting into the ride-hailing business begs two questions: Why? What immediately stands out from this disclaimer is the warning, of sorts, that ride-hailing “for revenue purposes” is something that is coming and that Tesla wants to control who, what, when and even where that ride-hailing takes place.