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Fisker to unveil its all-electric EMotion at CES in January

Back from the brink, electric carmaker Fisker says it will debut its EMotion sedan at the 2018 Consumer Electronics Show in Las Vegas in January. The EMotion is notable for several reasons, including its promised 400-plus miles of range, the ability to charge to 125 miles of range in just 9 minutes and its lidar autonomous technology. The car will also feature four butterfly doors and will be built with carbon fiber rims and a mixture of carbon fiber and aluminum in the body to save on weight. It's also the second go at building an EV for Fisker, which filed for Chapter 11 bankruptcy protection in 2013 after the Fisker Karma luxury plug-in hybrid fell flat. Fisker was sold in 2014 to Chinese auto supplier Wanxiang Group for about $149 million. And the EMotion can be yours for a cool $129,000. In fact, the company started taking pre-orders in June with a $2,000 deposit, even though the car won't come out until 2019. The EMotion is seen as a rival to Tesla, but CEO Henrik Fisker tells The Street he sees room for competition in the EV segment. "I don't think anyone is out to kill anybody," Fisker said. "Tesla doesn't really have a competitor. It doesn't look like one is going to emerge. I think it's time to move to a next level of this technology and I believe that we have come up with some real breakthroughs." Fisker also told The Street the company is simultaneously developing an affordable version of the EMotion, aimed to be priced around $34,000, that's due out in 2020. That's just a hair under the $35,000 base price of the Tesla Model 3. The veteran car designer first revealed the EMotion via Twitter in June. He told Autoblog recently that he's looking to buy an existing factory to build the car but hadn't yet chosen one, saying "We don't have to make a decision until the end of the year." The EMotion will be powered by two electric motors giving it all-wheel drive, lithium-ion battery packs sourced from LG Chem with a cooling system designed by Fisker that increases energy density. Related Video: Featured Gallery Fisker EMotion View 14 Photos News Source: The Street Celebrities Green Plants/Manufacturing CES Fisker Tesla Green Automakers Technology Emerging Technologies Autonomous Vehicles Electric Sedan Henrik Fisker

Tesla loses fight to set up its own dealers in Texas

For a while there, it seemed like Tesla could do no wrong. But despite repaying its Department of Energy loans early, surging stock prices and even announcing a vast network of proposed Superchargers, Tesla is still in the fight of its life for how to get its cars sold.
According to Automotive News, the startup EV-maker lost its second straight battle to sell cars in dealerships that don't conform to state franchise laws restricting factory-owned dealerships. Earlier in the year, Tesla failed to get a dealer license in Virginia, and this time around, it will have to wait until at least 2015 to fight for an exemption in Texas. This means that Tesla's Houston and Austin showrooms are not actually allowed to sell vehicles. The report also adds that Tesla CEO Elon Musk could end up taking his case to the federal courts.

Google CEO Larry Page says his billions should go to Elon Musk

When you have basically all the money in the world, it can be tough to spend it all. It will be even tougher to spend when you're dead. If you're Google CEO and co-founder Larry Page, though, you already know how you want your money to live on after you're gone: support innovators like Tesla CEO Elon Musk. That's what Page said at the TED conference in Vancouver, Canada this week, anyway, adding that the already-wealthy Musk is worthy of the Page billions because he's one of the people who can change the world. Page said: He wants to go to Mars. That's a worthy goal. We have a lot of employees at Google who've become pretty wealthy. You're working because you want to change the world and make it better; if the company you work for is worthy of your time, why not your money as well? We just don't think about that. I'd like for us to help out more than we are. On top of Tesla, Musk also runs SpaceX and Solar City. Tesla said in a statement to Automotive News that, "[Musk] is honored by Larry's comments and very much admires what he has accomplished with Google."