Electric Vehicle Charging Tesla is still a synonym for luxury electronic vehicles (EV), but this may change in the not-too-distant future as fresh competition emerges—not just from the likes of BMW and Mercedes-Benz—but from startups that are poaching engineering and management talent from Tesla and using it to challenge the company on its home turf. Besides their goal, these companies have another thing in common: Chinese money. Atieva, one of those startups, recently unveiled plans to release a luxury EV sedan dubbed Edna within two years. The company, whose Chief Technology Officer is Peter Rawlinson, who led the engineering of Tesla’s Model S, is funded by a variety of investors, among them Beijing Auto and LeEco—a software company owned by entrepreneur Jia Yueting. Another Tesla competitor hopeful, Faraday Future, also based in California, like Tesla and Atieva, is funded by Jia as well. The company, which has announced plans […]