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Tesla appears to be behind the acquisition, or “acqui-hire”, of a company developing direct drive motors for robots as it is being liquidated by Koch Engineered Solutions. Besides the SolarCity acquisition, Tesla has avoided large acquisitions despite a significant cash position. However, the automaker is known to have made several smaller acquisitions, especially in the
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The Department of Transportation has finalized its newest Corporate Average Fuel Economy (CAFE) standards, requiring an increase in fuel economy that will reduce pollution and save Americans $23 billion in fuel costs, but are nevertheless softer than the administration had originally sought. The new CAFE standards cover model years 2027-2031 and target a fuel economy
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