Daimler divests remaining interest in Tesla
Back in 2009, Daimler acquired over 9 percent of Tesla. A couple of months later, it sold 40 percent of that stake to Abu Dhabi-based Aabar Investments. The following year, Tesla listed on th
Back in 2009, Daimler acquired over 9 percent of Tesla. A couple of months later, it sold 40 percent of that stake to Abu Dhabi-based Aabar Investments. The following year, Tesla listed on th
Tesla and China United Network Communications Corp. are working on something big. Like 400 public chargers in 120 cities big. These are not going to be Supercharger fast chargers that the California automaker is installing across the US and Europe, but don't worry, the two companies are going to install 20 Superchargers there. As with the Supercharger network, Tesla EV drivers will be
Resistance to the way Tesla Motors sells its cars - directly to the consumer, with no negotiating and no dealer middleman - comes mostly from dealership organizations around the country. It's also illegal in some states, thanks to laws ushered into place with help from dealers. The reaction to Tesla's new style of business is led by what Steve Blank calls, "rent seekers" or "la
In a world where electric cars are far from the norm, it seems odd to us laypeople that you can't buy a share of Tesla stock (ticker symbol TSLA) for less than $230. But a research note issued Monday from Goldman Sach's respected team of auto industry analysts (seen in PDF form
Thanks to skyrocketing share prices, yesterday was a very big payday for Tesla founder Elon Musk. The already wealthy businessman added another $1.1 billion, ten percent of his net worth, to his overflowing wallet yesterday after Tesla's shares hit $248. This time last year, TSLA w
Remember way back when we mentioned that Tesla's Gigafactory for batteries might prove to be a good investment opportunity, with its potential to bring cell prices down to a level that could make the forthcoming Tesla Model E affordable, not to mention attractive for massive amounts of renewable energy storage? Well, today the a
Quarterly shareholder letters, with accompanying financial results, are an opportunity for companies to crow about their recent progress and instill excitement about future expectations. Tesla Motor's latest such release reveals it's coop is rife with roosters in full song. And for good reason.
It seems not that long ago that the air had been let out of Tesla Motors high-flying stock price. The company didn't adequately thrill the market when it disclosed its third-quarter 2013 financial results last November and TSLA price plummeted quickly enough
Tesla Motors sold roughly 6,900 of its battery-electric Model S sedans during the last three months of 2013, making it the country's best-selling plug-in vehicle during the fourth quarter.
Exactly how Daimler is hedging its investment in Tesla Motors is not being revealed, but since the electric vehicle company's stock has been roller-coasting all around the place this year, we're not too surprised that some sort of stabilization methods have been put in place. The TSLA stock went on a big drop from its $193 high (all the way Sebastian Blanco
Fire investigators don't think the latest fire involving a Tesla Model S can be counted as "Battery Fire No. 4." Their initial findings say the incident, which happened in a Southern California garage last month, was not caused by the car.
Despite beating most analysts estimates in yesterday's upbeat third quarter financial disclosure, Tesla Motors' (TSLA) share price has taken a significant tumble. Down about 10 percent overnight, the company continued to be devalued as the day wore on, at one point hitting a low of $146.84.
Every quarter, Tesla tells the world how many vehicles it has sold. While many other automakers share their details every month, Tesla remains wedded to the idea that it will only share data when the shareholders demand it. That's why, with today's third-quarter results, we learned that Tesla sold over 5,500 Model S EVs in the last three months. That's roughly 1,830 a month, and would put the Model S in the running for best-selling EV in America, except t
By now, you've seen the Tesla headlines, read the reports that its stock dropped (it's now bounced back somewhat), and maybe even discussed the Model S fire with friends and coworkers. But there is now some more official information to share. Yesterday, in addi
Yesterday's fire that engulfed a Tesla Model S, the first blaze involving the critically acclaimed electric sedan, was caused when a piece of road debris impacted the front of the car, damaging the battery pack and starting a fire, according to an email sent to AutoblogGreen by Tesla. Now, The New York Times h
For the record, there were 187,500 "highway vehicle fires" in the US in 2011 (the last year for which data is available), according to the National Fire Prevention Association. But there was a fire yesterday that is starting to catch some attention, and we're pretty sure you all know why. Electric vehicle fires – whether they be in China or the US, started while moving or
It's tough to keep track of what kind of electric powertrain Fox Business host Neil Cavuto might possibly like. For years – literally years – he railed against the Chevrolet Volt. A twist came last year when he a
As fantasy football players will probably know, the sports media industry is figuring out how to get algorithms to automatically "write" articles based on data sets and some sort of phrase generator. We're still real people here at Autoblog, but when it comes to yet another post on how Tesla Motors stock (TSLA) has hit yet another rec
Those who've sold Tesla Motors (TSLA) shares for a million or more in gains belong to a new exclusive club, the "Teslanaires" club. If you've been following the stock price, you know this has been a great year to own those shares – since May of this year, after first quarter earnings were announced, the prices started shooting up. If you were fortunate to own a portfolio of Tesla stock, t
Tesla CEO Elon Musk doesn't get paid much directly from Tesla Motors, just a $1 annual salary, but he's still raking in the dough from his work with the electric car company. Last quarter, he earned $4.3 million in stock-based pay because work on the Model X was reported as "considered probable of being met" in Sebastian Blanco