Chevrolet Bolt

General Motors decides to increase the production of Chevrolet Bolt electric cars

General Motors Co is ramping up production of Chevrolet Bolt electric cars at a factory north of Detroit and is on track to start delivering vehicles as promised by the end of the year, company officials said on Friday.

'Modest' capital raise needed for Tesla's next strategic turn: Musk

Tesla Motors Inc's next strategic turn could cost the electric car maker "tens of billions" of dollars over the long term, but will likely require only a "modest" capital raise, Chief Executive Elon Musk said on Tuesday.