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Tesla News
Tesla is a brand of all electric vehicles founded in 2003 by Martin Eberhard and Marc Tarpenning in San Carlos, California. The company's first product was the Tesla Roadster, which has been joined by the Model S sedan. Named for the famous inventor and electrical engineer Nikola Tesla, the company is currently headed by its CEO and PayPal co-founder Elon Musk.
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0Tesla pays back $465M DOE loan, Musk says 'I hope we did you proud' 1369258980
We're willing to bet there are bottles of champagne popping all the way from Washington, DC to Palo Alto, CA today with the announcement that Tesla Motors has, as suspected, paid off the entirety of its $465-million Department of Energy loan. "I hope we did you proud" - Elon Musk As far back as July 2012, Tesla began talking about paying the US ...
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Tesla raises $1 billion as stock climbs; predictions have it at $200 (or $37) *UPDATE 1369140300
Despite the company's recent string of successes, there's still a lot of skepticism about Tesla out there. Some of the negativity focuses on the lack of recharging infrastructure, some on the company's expensive cars and how it'll be difficult to make a mass-market car. And when it comes to the company's stock price – TSLA is currently at around $90 ...
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Audi says 'not so fast,' Tesla lovers, attacks Model S success story *UPDATE 1369086240
The automotive industry is full of rivalries, from Ferrari versus Lamborghini to Ford's recent war on the Toyota Prius. Audi must be feeling the electric heat of Tesla's recent success, because the German automaker has put out a press release with one single message: Hey, let's not love on Tesla too much, mmmkay? Audi's press release is titled, "Not so ...
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Opinion: CO2 credits: The ultimate rebate? 1368991200
Time For Buyers To Have Some Skin In The EV Game Politicians know that $8- or $9-a-gallon gas like in Europe would end their careers. The back-and-forth between those writing the fuel economy rules and auto manufacturers is designed to see how far the CO2 regulations can be pushed without inconveniencing the general public. Rather than taxing fuel ...
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Tesla selling new stock, debt worth $830m in order to pay off DOE loan 1368727020
Anyone paying attention to the electric vehicle scene for the last few weeks knows that the stock value of Tesla Motors has been climbing faster than a SpaceX rocket. As of this writing, TSLA is sitting pretty at $92 a share. Three weeks ago, it was at a then-record-high of $53. In light of all the commotion, Tesla is going to make some money and pay ...
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North Carolina targets Tesla, considers banning direct-to-consumer sales 1368638940
North Carolina is the latest state to line up against Tesla Motors by proposing a bill that would bar direct automaker-to-customer sales within the state, the Raleigh News & Observer reports. Still, Tesla says plans to open a showroom there and has sold about 80 cars to North Carolina residents, with reservations for about 60 more. According to ...
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Tesla Model S battery swap announcement coming soon? 1368563220
Sure, your first response to the idea of Tesla introducing a battery swap system might be, "what, this again?" After all, we heard in 2009 that the Model S was built with battery swaps in mind and, in 2011, Tesla CEO Elon Musk explained the Model S battery swap idea this way: "When people take an occasional two-way long distance trip, they'll get a ...
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Read This: Wall Street loves Tesla's Elon Musk, values the brand higher than Fiat 1368540900
Tesla's value on the stock market far exceeds the number of vehicles it contributes to the automotive market. According to a report from Automotive News, Tesla is currently valued at $8.8 billion. Almost unbelievably, though we've never claimed to have a firm grasp on the inner workings of the stock market, that's a full billion dollars more valuable than ...
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Tesla stock breaks $83; CEO Elon Musk steps way from Facebook founder's immigration group 1368462120
As A. Whitney Brown once said, "There's really no use in beating a dead horse. I mean, except for the pure joy of it." Well, if Tesla's recent string of successes is said horse, then we hope you enjoy the rest of this post. Let's start with politics, and Tesla CEO Elon Musk's step back from Facebook founder Mark Zuckerberg's new immigration reform ...
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Report: Tesla Model S earns 99 out of 100 score from Consumer Reports [w/video] 1368111420
Consumer Reports is awfully fond of the Tesla Model S. The EV managed to pull down an impressive score of 99 out of 100 in the organization's evaluation, besting the Porsche Panamera Hybrid by a full 16 points. CR calls the battery-operated sedan "the most practical electric car we've ever tested" thanks to its 200 mile range and blistering 5.6-second ...
