Tesla Motors Inc. is likely to remain in focus on Monday after surging 41% this week, its best weekly performance since it went public in 2010.
The electric-car maker reported its first quarterly profit ever on Wednesday, helping the stock soar to record levels.
Technology created an energy revolution over the past decade — just not the one we expected.
By now, cars were supposed to be running on fuel made from plant waste or algae — or powered by hydrogen or cheap batteries that burned nothing at all. Electricity would be generated with solar panels and wind turbines. When the sun didn’t shine or the wind didn’t blow, power would flow out of batteries the size of tractor-trailers.
Chrysler is recalling 469,000 Jeep SUVs worldwide because they can shift into neutral without warning on startup.
A unit of German supplier Robert Bosch GmbH said it will begin selling an electric-vehicle residential charging station in the United States for a retail price below $450.
The Bosch Power Max, a 16-amp configuration with a 12-foot cable, will offer 2,400-volt charging in half the time, and at half the price, as a Level 2 residential charging station, said Tanvir Arfi, president of Bosch Automotive Service Solutions.
