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Outrage over 2010 BP spill charge dismissal
SAN JOSE, Calif., July 16 (UPI) -- Electric car producer Telsa Motor Corp. said it would team up with Japanese automaker Toyota Motor Corp. to produce an electric version of Toyota's RAV4.
Telsa said in a statement a prototype of the sport utility vehicle had already been built and its goal now was "to produce increasingly affordable electric cars for mainstream buyers -- relentlessly driving down the cost of EVs," meaning electric vehicles, The Detroit News reported Friday.
Tesla, in its stock market debut this year, set aside $50 million in shares for Toyota to purchase. Tesla has also purchased a former Toyota factory in Fremont, Calif., where it produced cars in partnership with General Motors Co.
Tesla's only current model in production is an electric roadster that sells for more than $100,000.
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JUBA, South Sudan, May 23 (UPI) --
South Sudan's Foreign Ministry said the Sudanese government was creating problems for the south's oil export potential.
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WELLINGTON, New Zealand, May 23 (UPI) --
New Zealand will boost its defense spending from $318 million last year to $583 million in fiscal 2013 thanks to a payback from austerity measures.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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