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REPORT: Daimler sells 4% of Tesla to Middle East investment fund just two months after acquiring it
Just two months after buying 9% of Tesla Motors, Daimler has reportedly sold nearly half of that stake. According to Reuters, 4% percent of the electric car startup is now owned by Aabar Investments, an Abu Dhabi-based investment fund. In a way, the stake is still in the family, since Aabar already bought 9.1 percent of Daimler's stock earlier this year. At the time of its original investment, Daimler and the fund indicated an intention to pursue joint projects in low emissions transportation. Aabar has indicated it would be interested in ... Read more →
Elon Musk: "Golden handcuffs" require I stay through Model S launch Sebastian Blanco
For a guy who allegedly wants a lot of the credit for creating Tesla Motors, Elon Musk certainly doesn't seem to like the job of being its CEO. As part of Daimler's investment deal with Tesla, Musk ...
Ford, Nissan, Tesla all big winners in DoE advanced technology loans Sam Abuelsamid
The U.S. Department of Energy has finally announced the first recipient of low interest loans under its Advanced Technology Vehicle Manufacturing Incentive Program. The first recipient is Ford, ...
VIDEO: Franz von Holzhausen talks about the 2011 Tesla Model S Domenick Yoney
The crew from On Cars had a chance to spend some quality time with the Tesla Model S and some of the key people bringing this sweet sedan to fruition. In the first of three videos (the other two ...
Can the Tesla Model S be profitable at $57,400? Not according to these calculations... Sebastian Blanco
Tesla Motors' charismatic frontman, Elon Musk, will be showing up on the Late Show with David Letterman tonight to dazzle America's TV audience with his gorgeous all-electric sedan. Tesla says ...
LA Preview: 2011 Ford Fiesta for America revealed, hits 40 mpg
2011 Audi A8 revealed amidst the stars at Design Miami 2009-
LA 2009: 2011 Chevrolet Cruze, mass-market potential has four doors
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LA 2009: Cadillac CTS Coupe vogues, dazzles
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Breaking:
BREAKING: GM CEO Fritz Henderson steps down
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Green:
LA 2009: Officially, Official: Golden state to get first dibbs on the Chevy Volt
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VIDEO: Tesla CEO 99 percent sure of DOE loan, calls NYT writer "a huge douchebag" 7 months ago on Autoblog
Since it was announced that the highly quotable Bob Lutz would be departing from his General Motors management spotlight, automotive bloggers and reporters everywhere have been mourning the loss of an executive with such an exquisite way with words. Now it appears that the pining may have been ...
Tesla CEO vows to personally refund deposits if there's an "Armageddon scenario" 7 months ago on Autoblog
Here's Tesla's Elon Musk, speaking in March (and just published in Car and Driver): Even in the worst case of an Armageddon scenario, I'll personally refund people [their money] if need be. While the U.S. federal government needs to step in and guarantee the warranties for General Motors and ...
Tesla Model S gets over 500 reservations in first week 8 months ago on Autoblog
It's been barely a week since the curtain was lifted on the Tesla Model S, and not only has its design received positive reviews, those sensuous lines have seduced 520 people to fork over some deposit cash for the new all-electric sedan. Tesla won't say, however, how many people chose the ...
Tesla Model S: $50,000 EV sedan seats seven, 300-mile range, 0-60 in 5.5s 8 months ago on Autoblog
It's been a long and difficult road, but Tesla Motors has made it to unveiling No. 2. After a lot of hype and delivery of 250 Tesla Roadsters, the company's Model S was unveiled today in Hawthorne, California. Tesla was incredibly careful about not leaking a lot of information before today ...
Leak! Tesla Model S pics surface on web ahead of today's debut 8 months ago on Autoblog
Tesla has a big media event planned today at 12PM PST to unveil the new Model S sedan. That plan has been blow out of the water a bit thanks to social media mogul Kevin Rose, the founder of Digg.com, who has uploaded what appear to be a few official images of the all-electric sedan on his ...
Tesla Model S will cost under $50,000 after tax breaks 8 months ago on Autoblog
When Tesla formally announced the Model S Sedan last June, the MSRP bandied was about $60,000 for the all-electric sedan. In its newsletter today, Tesla has confirmed that the "anticipated base price" for the Model S will be $57,400. With a federal tax credit of $7,500 available, however, the ...
Tesla Model S sedan could have swappable battery pack 1 year ago on Autoblog
There are three main obstacles to making electric cars a viable alternative to those powered by internal combustion engines: the weight, cost and range of the batteries. Internal combustion engines have range limits based on the size of their fuel tank, but it only takes a few minutes to dump 10-15 ...
Tesla secures $40 million in financing 1 year ago on Autoblog
Despite recent negative news surrounding Tesla Motors, the all-electric automaker has just secured $40 million in financing to move forward with ramping up production of its battery-powered sports car, the Tesla Roadster. It was just last month when Tesla was unable to secure a $100 million ...
Tesla not planning SUV based on Model S platform 1 year ago on Autoblog
Two big British car magazines are reporting on some of Tesla's future product plans today following the latest promotional tour by SVP Marketing Darryl Siry. There isn't a whole lot new in the articles that hasn't already been reported here and on AutoblogGreen over the past year, but there were a ...
Tesla confirms Model S sedan, 225-mile range and $60k 1 year ago on Autoblog
California Governator and (soon-to-be) Tesla Roadster owner, Arnold Schwarzenegger, addressed the seething throngs of media types at Tesla's San Carlos, California facility. The topics of conversation centered on new incentives for Tesla to continue its production of vehicles in the Golden State, ...
Autoblog Podcast #155: 'Twas the night before LA...
Chris, Dan, and Editor Paukert go over some LA Preview action and quietly whoop it up on the podcast.
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