Google is making its largest investment yet in clean energy, setting up a $280 million fund to finance home solar rooftop installations.
The search giant announced it was teaming up with the Silicon Valley’s SolarCity—a company chaired by Paypal co-founder and Tesla Motors executive Elon Musk—in an effort to break down the biggest barrier to solar energy adoption: the cost. Continue reading
Tagged Elon Musk, Google, National Geographic, Solar, SolarCity
When it comes to car sharing, General Motors’ new venture capital arm wants to get some skin in the game, GM Ventures President Jon Lauckner told me this week in San Jose, Calif. Asked to elaborate on what type of car sharing play might attract GM’s investment, he commented that Zipcar and GoLoco are two “interesting models.” You can read the full scoop in this piece I wrote for Earth2Tech.
Image courtesy of Flickr user Andrew Currie
Posted in Auto, Finance, Transportation
Tagged Breaking News, Car Sharing, General Motors, GoLoco, Venture Capital, Zipcar
Tesla Motors, the Silicon Valley electric car startup gunning to raise $185 million next week through an IPO and sales of shares to Toyota, has won over members of the Silicon Valley, Capitol Hill and Hollywood elite. But will the company, which has never turned a profit, charge up Wall Street with a blockbuster IPO?
I dove into Tesla’s regulatory filings and interviewed several analysts to weigh the comany’s prospects for a blockbuster, lackluster or middle-of-the-road IPO. Written originally for Earth2Tech, this article also appeared on Salon.com and NYTimes.com, and was featured in the New York Times’ DealBook blog.
Tagged Analysis, Earth2Tech, Electric cars, IPO, New York Times, Salon, Tesla Motors
