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The GM logo is seen at the General Motors plant in Sao Jose dos Campos

GM to announce $300 million investment in Orion EV/AV plant

General Motors Co will announce on Friday plans to invest $300 million in a suburban Detroit plant that builds electric and self-driving vehicles for Chevrolet and the automaker's self-driving Cruise unit, two people familiar with the plans said on Thursday.

Undated handout photo of Tesla Inc's Model Y electric sports utility...

Cash, demand concerns overshadow Tesla's SUV launch

Shares of Tesla Inc fell nearly 5 percent on Friday, as investors wondered if its unveiling of an electric sports utility vehicle would add to pressure on cash flow, while analysts worried the carmaker was not addressing slowing demand for other models.

A Tesla model S car with an electric vehicle charging station is displayed...

Breakingviews - Elon Musk’s balancing act requires capital support

Elon Musk’s balancing act requires some capital support. On Thursday evening the chief executive plans to unveil Tesla’s latest vehicle, the Model Y SUV. But it could steal sales from the Model 3 sedan, whacking Tesla’s earnings when it can least afford it. It’s a fresh complication as Musk fights with the Securities and Exchange Commission and flip-flops over store closures. A cash injection could help smooth the ride.

FILE PHOTO:  Musk looks on at SpaceX Falcon 9 post-launch news conference...

Elon Musk's defense of his Tesla tweet will get SEC response

The top U.S. securities regulator received permission from a federal judge on Tuesday to respond to Tesla Inc Chief Executive Elon Musk's arguments that his Twitter post about the electric vehicle maker’s production volume did not violate his recent fraud settlement.

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