Autoblog

Pics Aplenty: Tesla unloads new set of Model S driving shots

Jeremy Korzeniewski — Fri, 21 Aug 2009 09:27:00 EST

Tesla Model S in motion - Click above for high-res image gallery

Just a day after releasing new images of the Tesla Roadster Sport, the Silicon Valley automaker has gone and unleashed its Model S starring in a series of actual at-speed driving shots. While we've seen high-res shots of the Model S in the studio from Tesla Motors and we've witnessed the car moving under its own electric power ourselves, this is the first time the automaker has published a photo series of its own showing the car in motion.

Looking a bit closer, it appears that none other than Tesla design chief Franz Von Holzhausen is behind the wheel of the Model S in these images. Lucky guy. Unfortunately, drivers looking to pilot their own Model S will need to wait until Q3 of 2011 for the chance.

Gallery: Tesla Model S in motion

Gallery: Tesla Model S

[Source: Tesla via egmCarTech]

Pics Aplenty: Tesla unloads new set of Model S driving shots originally appeared on Autoblog on Fri, 21 Aug 2009 09:27:00 EST. Please see our terms for use of feeds.

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REPORT: Daimler sells 4% of Tesla to Middle East investment fund just two months after acquiring it

Sam Abuelsamid — Mon, 13 Jul 2009 18:28:00 EST

Filed under: Middle East

Tesla Roadster - Click above image for high-res gallery

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 pursuing some kind of joint venture with Tesla. The fund is controlled by the Abu Dhabi government and managed by the International Petroleum Investment Company with the intent of diversifying beyond oil.

Gallery: Jason Calacanis' Tesla Roadster

Photos copyright (C)2009 Drew Phillips / Weblogs, Inc.

[Source: Reuters]

REPORT: Daimler sells 4% of Tesla to Middle East investment fund just two months after acquiring it originally appeared on Autoblog on Mon, 13 Jul 2009 18:28:00 EST. Please see our terms for use of feeds.

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Elon Musk: "Golden handcuffs" require I stay through Model S launch

Sebastian Blanco — Thu, 02 Jul 2009 09:28:00 EST

Filed under: Convertible, Hybrid, Sedan, Performance, Government/Legal, Green

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 needed to commit to staying on as Tesla's CEO at least until the Model S launches in 2011. Musk told Reuters:

I didn't really have a choice. This was a requirement of Daimler that I remain CEO of Tesla through the Model S launch and then continue to be part of Tesla in a chairman role beyond that. It's flattering, but at the same time it's golden handcuffs.

Well, that sure makes it sound like fun, doesn't it? It's clear that Musk has always been interested in projects other than Tesla (e.g.: electric planes and SpaceX), but does he have to make running one of the hippest electric car companies around sound like a drag?

Another nugget from the article: One of the reasons the price on the Roadster was raised was to help qualify Tesla Motors for the DOE loan it later received. Musk said, "We did the minimum we needed to do to make the business work."

Gallery: Tesla Model S

[Source: Reuters]

Elon Musk: "Golden handcuffs" require I stay through Model S launch originally appeared on Autoblog on Thu, 02 Jul 2009 09:28:00 EST. Please see our terms for use of feeds.

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Ford, Nissan, Tesla all big winners in DoE advanced technology loans

Sam Abuelsamid — Tue, 23 Jun 2009 13:29:00 EST

Filed under: Budget, Hybrid, Government/Legal, Green, Plants/Manufacturing, Technology, Ford, Nissan

Ford Focus EV Mule - Click above for high-res gallery

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, and analysts believe the DoE will award sums to Nissan and Tesla Motors, as well. Ford applied for up to $11 billion in loans, but instead it was awarded $5.9 billion in financing. The Dearborn-based automaker will use the money to fund its electric vehicle program that will launch a battery-powered version of the Transit Connect in 2010, and it will also likely use the capital to help pay for the $550 million renovation of its Wayne, MI sport-utility plant to build the next-generation Focus in both internal combustion and electric flavors.

For its part, Nissan wants to add production of its upcoming electric car and lithium ion batteries at its assembly complex in Smyrna, Tennessee, and it will receive $1.6 billion.

Despite receiving the smallest sum of the three automakers, Tesla is arguably the biggest winner this round, as the $465 million it may receive will allow the fledgeling EV maker to proceed with completing development and production of its Model S sedan. Recent investment in the company by Daimler was probably a big help in getting the loan approved, as companies had to demonstrate viability. And since the ATVM program favors re-tooling of older existing plants, Tesla will probably look at acquiring a closed factory from another company. Recent rumors had the company possibly getting a former McDonnell-Douglas factory in Long Beach, although there are plenty of other properties available.

The current Chapter 11 bankruptcy proceedings at General Motors and Chrysler made those companies ineligible in the current round. It's not known if any announcements will be made about loans for battery makers like A123 or EnerDel.

Gallery: ABG Quick Drive: Ford Focus EV mule

Photos Copyright (C)2009 Sam Abuelsamid / Weblogs, Inc.

[Source: Automotive News, sub. req'd]

Ford, Nissan, Tesla all big winners in DoE advanced technology loans originally appeared on Autoblog on Tue, 23 Jun 2009 13:29:00 EST. Please see our terms for use of feeds.

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VIDEO: Franz von Holzhausen talks about the 2011 Tesla Model S

Domenick Yoney — Tue, 09 Jun 2009 20:01:00 EST

Filed under: Hybrid, Sedan, Green

2011 Tesla Model S - Click above for a high-res image gallery

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 haven't been released yet), not only are we treated to some gorgeous shots of the Model S, inside and out, but also have the chance to listen to designer Franz von Holzhausen talk at length about the object of our fastback desire. If you've been paying attention to every detail released about the all-electric so far, there might not be a lot of new material for you here, though interestingly, the Model S does get the year 2011 attached to it. That seems a little soon seeing as a factory hasn't been built or acquired yet, but we digress.

Even if you do happen to know every bit of Model S minutiae, it is nice to hear the passion and excitement Franz has for the project as he talks with ardor about proportion and aerodynamics. You can see why Tesla chief, Elon Musk hired him on in the first place. But enough jabbering, hit the jump and check it out for yourself.

Gallery: Tesla Model S

Gallery: Tesla Model S: LIVE REVEAL

[Source: On Cars]

Continue reading VIDEO: Franz von Holzhausen talks about the 2011 Tesla Model S

VIDEO: Franz von Holzhausen talks about the 2011 Tesla Model S originally appeared on Autoblog on Tue, 09 Jun 2009 20:01:00 EST. Please see our terms for use of feeds.

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VIDEO: Letterman meet Musk, Musk meet Letterman. Got it? Good. Let's all hate on Chevrolet's Volt

Sam Abuelsamid — Thu, 30 Apr 2009 13:08:00 EST

Click on the image above to watch the video

Elon Musk brought out the Tesla Model S for its big New York debut last night, and Late Night talk show host David Letterman got a real "charge" out of it. Musk appeared on the Late Show and it was kind of strange to watch. Letterman had some kind of throat ailment that left his voice sounding remarkably like Bob Lutz. In spite of that, Dave's trademark style left him showing little sympathy for any automakers when discussing why after more than 100 years no one has really developed the electric car.

Dave didn't spare any kind words for efforts to develop hydrogen fuel cell technology, but he really ripped into General Motors and its baby, the Chevrolet Volt. Apparently the idea of being able to go a mere 40 miles on a charge is not appealing to him, and to his discredit, he didn't bother to mention the range extender. For his part, Musk does nothing to correct this oversight.

Check out the video after the jump for as long as it stays live on YouTube.

[Source: YouTube]

Continue reading VIDEO: Letterman meet Musk, Musk meet Letterman. Got it? Good. Let's all hate on Chevrolet's Volt

VIDEO: Letterman meet Musk, Musk meet Letterman. Got it? Good. Let's all hate on Chevrolet's Volt originally appeared on Autoblog on Thu, 30 Apr 2009 13:08:00 EST. Please see our terms for use of feeds.

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Can the Tesla Model S be profitable at $57,400? Not according to these calculations...

Sebastian Blanco — Wed, 29 Apr 2009 19:57:00 EST

Filed under: Hybrid, Sedan, Green, Plants/Manufacturing

Tesla Model S - Click above for high-res image gallery

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 that when the Model S goes on sale at an undefined point in the future, the cost for the base model will be just under $50,000 - $49,900 to be exact - after a $7,500 government tax break. Business Insider has a word for that: Horsefeathers.

BI teamed up with Mark Boyadjis, an auto analyst at iSuppli, and they did some math based on actual numbers used in the auto industry and a lot of educated guesses. The result? They didn't exactly find a lot of room for profit if the car sells for $57,400. Their math is based on at least one error - they say the replacement battery for the Roadster is $36,000, but that's a carry-over mistake from Edmunds - it's actually $30,000. Still, that's the equivalent to the base price of an entire "near luxury" sedan - one that conventional automakers have trouble making margins on. That big, sexy touchscreen? Estimated to cost $4,000. Add everything from chassis and body panel costs to in distribution, marketing, further engineering, and lest we forget - building a factory, and Musk's price target starts to look more and more implausible.

BI has a good point here - Tesla needs to be careful with their pricing predictions. The ambitious startup made big financial mistakes when pricing the original Roadster - which didn't make everyone happy - and there's not a lot of room left to goof up a second time.

Gallery: Tesla Model S

[Source: Business Insider]

Can the Tesla Model S be profitable at $57,400? Not according to these calculations... originally appeared on Autoblog on Wed, 29 Apr 2009 19:57:00 EST. Please see our terms for use of feeds.

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VIDEO: Tesla CEO 99 percent sure of DOE loan, calls NYT writer "a huge douchebag"

Domenick Yoney — Mon, 13 Apr 2009 14:59:00 EST

Filed under: Hybrid, Etc., Government/Legal, Earnings/Financials

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 premature, thanks to the emergence of another top management type with the brass, it seems, to freely speak his mind in public.

In a new interview with Yahoo! Tech Ticker's Sarah Lacy, Tesla CEO Elon Musk was asked what he thought of an earlier New York Times piece that voiced opposition to a government loan for the electric car maker. With a huge smile indicating his delight in the opportunity to speak about the issue, Musk announced that "Randy Stross is a huge douchebag". After a brief pause he added, "...and an idiot." Take that, Mr. Fancy Pants reporter guy!

In the course of the interview, Musk goes on to explain exactly how he felt the writer in question cherry-picked from the facts to make a case for Department of Energy loan denial, going on to vigorously defend the Tesla business model. In the conversation that followed the opening barrage, it was very interesting to note the certitude expressed by Elon that Tesla Motors would receive the low interest loan requested from the Advanced Technology Vehicles Manufacturing (ATVM) program. Noting that his company is a "perfect fit" for ATVM funds, he states, "The odds of us getting that money ($350 million) are 99 percent..." alluding to assurances given in private meetings, Musk suggested the funds are coming and coming soon. Hit the jump for the entertaining and informative video.

Gallery: Tesla Model S

[Source: Tech Ticker via Tesla Motors Club]

Continue reading VIDEO: Tesla CEO 99 percent sure of DOE loan, calls NYT writer "a huge douchebag"

VIDEO: Tesla CEO 99 percent sure of DOE loan, calls NYT writer "a huge douchebag" originally appeared on Autoblog on Mon, 13 Apr 2009 14:59:00 EST. Please see our terms for use of feeds.

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Tesla Model S gets over 500 reservations in first week

Domenick Yoney — Thu, 02 Apr 2009 13:28:00 EST

Filed under: Car Buying, Hybrid, Sedan, Green

Tesla Model S - Click above for high-res image gallery

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 standard version that requires a refundable deposit of $5,000 or one of the 2,000 Signature Edition models that requires a $40,000 deposit.

Initial sales of the Model S have exceeded Tesla's expectations and are quite a feat considering the economic times, plus the fact that these cars are still a few years away from being delivered. The real test of the S's ability to beguile may come tonight as the all-electric sedan makes its East Coast debut. With the company attempting to secure a $350 million loan from the Department of Energy's Advanced Technology Vehicle Manufacturing Program for a plant in which to build the Model S, the car will begin a string of appearances on the right side of the country with a showing at the National Building Museum in Washington, D.C.

Tesla also has good Roadster news. Production of the two-seater sports car continues to speed up and reached 104 units for the month of March. That gives the automaker a total of 170 Roadsters built for the first quarter of 2009 and about 320 altogether, in case you're keeping track. Hit the jump for the press release and bonus videos of the Tesla Model S in action, as well as having its auto-extending door handles explained by CEO Elon Musk.

Gallery: Tesla Model S

Gallery: Tesla Model S: LIVE REVEAL

[Source: Tesla Motors]

Continue reading Tesla Model S gets over 500 reservations in first week

Tesla Model S gets over 500 reservations in first week originally appeared on Autoblog on Thu, 02 Apr 2009 13:28:00 EST. Please see our terms for use of feeds.

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Tesla Model S: $50,000 EV sedan seats seven, 300-mile range, 0-60 in 5.5s

Jonathon Ramsey — Thu, 26 Mar 2009 17:15:00 EST

Filed under: Hybrid, Sedan, Green

Tesla Model S - Click above for high-res image gallery

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 - designing the Model S at a high-security rocket facility helped with that, but we still got a peek a few hours ago - and now that it's here, we love what we see. As for new information on the Tesla For The Rest Of Us (sort of), follow the jump for all the details and check out the gallery of high res photos below.

UPDATE: We've added official pictures from Tesla, including this one of the Roadster and the Model S next to each other, to the second gallery below.

Gallery: Tesla Model S: LIVE REVEAL

Gallery: Tesla Model S

Continue reading Tesla Model S: $50,000 EV sedan seats seven, 300-mile range, 0-60 in 5.5s

Tesla Model S: $50,000 EV sedan seats seven, 300-mile range, 0-60 in 5.5s originally appeared on Autoblog on Thu, 26 Mar 2009 17:15:00 EST. Please see our terms for use of feeds.

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Leak! Tesla Model S pics surface on web ahead of today's debut

John Neff — Thu, 26 Mar 2009 12:59:00 EST

Filed under: Hybrid, Sedan, Green

Tesla Model S - Click above for high-res image gallery

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 Flickr page. We get two views of the car's backside, which looks to crib design cues from modern day Jaguars and Aston Martins. The new XF comes most readily to mind, and while the Model S may be charged with being too heavily influenced by the leaping cat brand, that doesn't take away from the fact that it still looks stunning.

We also have a view of what appears to be an incomplete interior of the Model S, and the most striking element is a center stack comprised entirely of a screen. While we have no details on the car yet, it appears the Model S may feature configurable controls for most of the car's systems (HVAC, audio, etc.) on this large, touch-sensitive display.

Tesla has already revealed that the anticipated base price of the Model S will be $57,400, but will drop to below $50,000 with a federal tax credit of $7,500. We'll be at the unveiling later today and bring back live pictures of the Model S.

Gallery: Tesla Model S

[Source: Flickr]

Leak! Tesla Model S pics surface on web ahead of today's debut originally appeared on Autoblog on Thu, 26 Mar 2009 12:59:00 EST. Please see our terms for use of feeds.

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Tesla Model S will cost under $50,000 after tax breaks

Sebastian Blanco — Thu, 19 Mar 2009 13:28:00 EST

Filed under: Car Buying, Hybrid, Green

Click above to enlarge Tesla Model S teaser

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 Model S should cost just $49,900. Details on what's included in the base version of the Model S should be available at the vehicle's official unveiling next week. Tesla says that even with a sub-$50,000 price tag (just barely), the Model S is really competing with cars that cost much less:

Because of tax incentives and relatively inexpensive maintenance and refueling, the lifetime ownership cost will be closer to cars with far lower sticker prices. [...] The Model S will become the car of choice for environmentally conscious and discriminating drivers throughout North America and Europe.

For comparison's sake, the Fisker Karma, a luxury plug-in hybrid sedan, will start at $87,900. The Chevy Volt will probably be somewhere around $40,000, though GM has not made any official announcement about its price.

[Source: Tesla]

Continue reading Tesla Model S will cost under $50,000 after tax breaks

Tesla Model S will cost under $50,000 after tax breaks originally appeared on Autoblog on Thu, 19 Mar 2009 13:28:00 EST. Please see our terms for use of feeds.

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New Tesla Model S teaser surfaces, our friend Jason orders two!

Sam Abuelsamid — Sun, 22 Feb 2009 19:01:00 EST

Filed under: Spy Photos, Hybrid, Green

Click above to view enhanced version of Tesla Model S teaser

Over at Jason Calacanis' blog, a new teaser shot of the Tesla Model S has surfaced that shows a bit more detail of the car's greenhouse profile. According to Jason, the photo was emailed to buyers of the Signature 100 cars, of which he is one. We got our first glimpse of the new car last week but this one shows more. Most of the car appears to be hidden in this image but there are details if you know how to look. A visit to the curves adjustment in Photoshop reveals the same fender trim seen on the earlier shot as well as the wheels. In the adjusted version, the door handles and side glass profile are also visible, as is the glass roof. We don't know at this point if the glass roof will be part of the production model, although it could be problematic for an EV. The extra thermal load would have the air conditioning working harder and thus cut into the range. You can check out the enhanced photo after the jump.

Tesla has opened the reservation list for the Signature Series and Jason is so happy with his Roadster that he has decided to order two Model S Signature Series sedans. Right now, only early adopters of the Roadster can get on the list for a $40,000 refundable deposit. Following the March 26 reveal, anyone will be able to order one for a $10,000 deposit, and if you already own a Roadster, you'll get $10,000 off the price of a Model S. Don't forget the enhanced version of the Model S teaser after the jump. Thanks to everyone who sent this in!

[Source: Calacanis.com]

Continue reading New Tesla Model S teaser surfaces, our friend Jason orders two!

New Tesla Model S teaser surfaces, our friend Jason orders two! originally appeared on Autoblog on Sun, 22 Feb 2009 19:01:00 EST. Please see our terms for use of feeds.

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Tesla lifts the skirt on the Model S, full exposure coming March 26

Sam Abuelsamid — Thu, 12 Feb 2009 09:29:00 EST

Filed under: Sedan, Green

Click the Model S to enlarge

A couple months back, we got a glimpse of the rear bumper of Tesla's Model S via a BusinessWeek article on the company. Early this morning, we finally got an official shot from the company that provides some real clues. Given the past history between Tesla and Fisker Automotive, the obvious comparison is with the Karma. One difference that's immediately obvious is the length of the nose. Since Tesla opted to go with batteries only for energy storage, designer Franz von Holzhausen didn't have to accommodate a range extender under the hood. The whole car appears to be at least a foot shorter than the Karma.

At this point, Tesla plans to offer the Model S with several battery options; the base setup will provide a 160 mile nominal range. Like the Roadster, the motor in the Model S drives the rear wheels. We'll be seeing the rest of the car on March 26, by which time Tesla hopes to have a final decision on its DOE loan application so that they can make other announcements about production.

[Source: Tesla]

Tesla lifts the skirt on the Model S, full exposure coming March 26 originally appeared on Autoblog on Thu, 12 Feb 2009 09:29:00 EST. Please see our terms for use of feeds.

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Tesla to unveil Model S on March 26, hopes for DOE money by summer

Sam Abuelsamid — Wed, 11 Feb 2009 15:27:00 EST

Filed under: Green

In a newsletter distributed today by Tesla Motors, CEO Elon Musk provides an update on the business including an announcement that a driveable prototype of the Model S would be unveiled on March 26. The Model S reveal will take place at the Southern California headquarters of Musk's other company, Space-X, which is where Tesla's design studio is located. According to ex-Tesla SVP Darryl Siry who refused to show us images of the car no matter how much we begged before his departure, "the Model S a very beautiful car." As long as it doesn't have a hump back like the new Porsche Panamera we're looking forward to seeing it.

However, before it becomes anything more than a prototype, Tesla will need a lot more cash to pay for engineering and a factory to build it. As Musk told us when we talked to him in Detroit last month, he fully expects the company to be profitable by mid-year thanks to price increases and cost reductions for building the Roadster. Even if that proves to be true, which will be difficult when considering the current economy, it's unlikely to be anywhere near the required cash flow to cover the cost of the Model S. Learn more about how Tesla hopes to fund the Model S after the jump where you can also see the full text of the newsletter.

[Source: Tesla Motors]

Continue reading Tesla to unveil Model S on March 26, hopes for DOE money by summer

Tesla to unveil Model S on March 26, hopes for DOE money by summer originally appeared on Autoblog on Wed, 11 Feb 2009 15:27:00 EST. Please see our terms for use of feeds.

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Tesla cancels plans to move to San Jose

Sam Abuelsamid — Thu, 29 Jan 2009 16:58:00 EST

Filed under: Green, Plants/Manufacturing

Tesla's plans to eventually build a pair of new factories for the Model S and powertrain components in San Jose, CA have run into a ditch. The move was announced last September, just before the (official) collapse of the world's financial markets. However, the plan ran into trouble quickly when Tesla was unable to complete a $100 million round of Series E venture funding. Not long after that, the up-start nearly ran out cash before existing investors put in another $40 million. The bulk of the $400 million required to build the two factories and move its headquarters from San Carlos to the new San Jose campus were expected to be provided by low interest loans from the Department of Energy.

However, the DOE loan program favors redevelopment of existing industrial sites and the San Jose location was a greenfield. Tesla is now looking for new locations including former factory sites in both the Silicon Valley area and Southern California. Without the DOE money, it will be extremely difficult for Tesla to build anything new and getting that loan will be increasingly problematic. The program requires applicants to raise matching equity investments of 20-30% of the loan amount, which in this case would amount to $100-150 million. Since Tesla already failed to raise that much last fall, it's not clear that it can happen now.

[Source: BizJournals.com]

Tesla cancels plans to move to San Jose originally appeared on Autoblog on Thu, 29 Jan 2009 16:58:00 EST. Please see our terms for use of feeds.

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Tesla needs government loans to produce Model S on time

Jeremy Korzeniewski — Wed, 10 Dec 2008 12:31:00 EST

Filed under: Hybrid, Government/Legal, Green, Earnings/Financials

Detroit isn't the only place in the U.S. where struggling automakers are looking for government handouts. Tesla Motors, Silicon Valley's one and only auto manufacturer, is looking for an initial injection from the government of $350 million, which is slated to fund the development and necessary manufacturing facilities for its upcoming Model S sedan with another $200 million to produce lithium-ion batteries plus $100 million to expand its growing drivetrain business. It's still early, but we're pretty sure that equals a cool $650 mil.

Like the $15 billion that the Detroit 3 are still hoping to get within the next few days, Tesla's $650 million would come from the $25 billion investment in green technology that Congress has already approved for American automakers. Without this infusion of capital, Tesla Motors' CEO Elon Musk claims that its battery-powered sedan, which is expected to bow sometime next year on conceptual form, will be delayed by a few years until the economy recovers and more capital investment can be raised on its own.

[Sources: Detroit Free Press, Bloomberg, Photo by Vince Bucci/Getty]

Tesla needs government loans to produce Model S on time originally appeared on Autoblog on Wed, 10 Dec 2008 12:31:00 EST. Please see our terms for use of feeds.

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Tesla Model S sedan could have swappable battery pack

Sam Abuelsamid — Fri, 21 Nov 2008 10:00:00 EST

Filed under: Hybrid, Green

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 gallons of liquid fuel in the tank and be on your way. It takes hours to recharge a battery. Fast charging systems are being developed, but they will require new infrastructure for the high currents and voltages required. The cost issue also works against range. You can reduce cost with a smaller battery, but you know what happens then. A battery with more range is both heavier and more expensive. How about a smaller swappable battery? That's one of the possible alternatives that Tesla is considering for the Model S sedan. This brings a whole different set of problems with it. Even smaller batteries will weigh several hundred pounds, making them difficult to handle. There are also safety issues with handling high voltage batteries. You also need a distribution infrastructure for the batteries and automakers have to standardize on common pack formats to make the whole idea viable. It's not like popping into a drug store for a set of AAs for you camera. Tesla's bright idea just goes to show that electric cars have a long way to go before they can replace internal combustion engines completely.

[Source: Inside Line]

Tesla Model S sedan could have swappable battery pack originally appeared on Autoblog on Fri, 21 Nov 2008 10:00:00 EST. Please see our terms for use of feeds.

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Tesla secures $40 million in financing

Michael Harley — Mon, 03 Nov 2008 15:31:00 EST

Click above for a high res gallery of the Tesla Roadster v1.5

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 investment round and was forced to cut nearly 25% of its work force. The failure to fund also slowed work on its second model, an all-electric sedan known as the "Model S." The San Carlos, California-based automaker has more than 1,200 orders for the $109,000 roadster, but has delivered just over 50 to date. With early transmission problems solved and plenty of cash on hand, the high-profile automaker seems to have finally found itself in a position to zip forward.

Gallery: 2009 Tesla Roadster v1.5

[Source: Automotive News, subs. req'd]

Tesla secures $40 million in financing originally appeared on Autoblog on Mon, 03 Nov 2008 15:31:00 EST. Please see our terms for use of feeds.

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Rendered Speculation: R&T takes a guess at Tesla's Model S

Jeremy Korzeniewski — Sat, 25 Oct 2008 22:49:00 EST

Filed under: Hybrid, Sedan, Green, Hatchback, Rendered Speculation

Road and Track has taken an early speculative look at what Tesla's Model S sedan may look like. Of course, it's impossible to know for sure how close this rendering may be to the real thing, but it's always fun to guess, right? We can see some clear inspiration taken from the company's first effort, the Tesla Roadster, along with a hint of Nissan GT-R in its flanks. We know for sure that the rear of the car will feature a deeply sloping hatchback, like the Porsche Panamera, and R&T's artists seem to have that feature down, as well.

We've actually gotten an early peek at the Model S from the rear via Tesla's new design chief Franz von Holzhausen, formerly of Mazda fame, which shows a nice carbon fiber rear diffuser and an aerodynamically sound cut-off hind end. Unfortunately, the Model S has been delayed by roughly six months due to the tough economic climate and some massive reorganization taking place at the Silicon Valley automaker. We don't expect to see the fully developed car until next Spring. Thanks for the tip, Kunal!

[Source: Road & Track]

Rendered Speculation: R&T takes a guess at Tesla's Model S originally appeared on Autoblog on Sat, 25 Oct 2008 22:49:00 EST. Please see our terms for use of feeds.

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