Tesla reported $359 million losses in Q2, may sell more stock

Tesla Motors is considering a plan to sell more stock as one of its options to raise additional capital, according to CEO Elon Musk. Last quarter, Tesla lost $359 million in cash during a... Read more about Tesla reported $359 million losses in Q2, may sell more stock


Tesla offers $1,000 referral discounts for Model S purchases

Tesla Motors Inc. will offer a $1,000 discount for both the referrer and buyer of the Model S sedan. This discount program, which will take effect through the end of October, will test how... Read more about Tesla offers $1,000 referral discounts for Model S purchases


Tesla’s “Ludicrous Mode” can push the Model S to 60 mph in 2.8 seconds

Tesla’s newest Model S variant can go from a standstill to 60 mph in 2.8 seconds – a $10,000 option that is aptly named “Ludicrous Mode.” The automaker’s Insane Mode pales in comparison... Read more about Tesla’s “Ludicrous Mode” can push the Model S to 60 mph in 2.8 seconds


Tesla hires ex-Burberry exec Ganesh Srivats to lead North American sales

To enhance Tesla Motors’ reputation for automotive luxury, the company has hired Ganesh Srivats to be its vice president for North American sales. Srivats, who used to be Burberry’s senior... Read more about Tesla hires ex-Burberry exec Ganesh Srivats to lead North American sales


Tesla has yet to exploit brand’s popularity in Russia

Tesla doesn’t have a sales network in Russia but that hasn’t stopped wealthy citizens from buying its vehicles and setting up a fan club in the country. Tesla founder Elon Musk’s unofficial... Read more about Tesla has yet to exploit brand’s popularity in Russia


Expect deliveries of Tesla’s Model X SUV 3-4 months from now

Three or four months from now, deliveries of Tesla Motors’ Model X sport utility vehicle will start, according to CEO Elon Musk. This schedule is within the timeline that the company shared... Read more about Expect deliveries of Tesla’s Model X SUV 3-4 months from now


Hundreds of Panasonic workers to do prep at Tesla’s gigafactory this fall

This fall, hundreds of Panasonic Corp. employees will be dispatched to the gigafactory of Tesla Motors in Nevada to prepare to produce lithium ion batteries for electric cars starting in... Read more about Hundreds of Panasonic workers to do prep at Tesla’s gigafactory this fall


Tesla faces Ecotricity lawsuit over Charging Stations Implementation

A lawsuit was filed in London against Tesla Motors related to a claim that it interfered with a plan by a competitor to have electric-car chargers at rest stops at highways in the UK. Last... Read more about Tesla faces Ecotricity lawsuit over Charging Stations Implementation


Latest Tesla Model S software upgrade to help ease range anxiety

Ever heard of an intelligent electric car charging at an intelligent charging station? That may sound weird and so futuristic, but the reality is, that future is just days ahead. Tesla... Read more about Latest Tesla Model S software upgrade to help ease range anxiety


Tesla is hiring sales heads for Asia, North America and Europe

Tesla Motors Inc. is tapping executives who would lead its sales operations in Asia, North America and Europe and has appointed Jerome Guillen, currently vice president of global sales and... Read more about Tesla is hiring sales heads for Asia, North America and Europe


Apple investors are eager for a marriage with Tesla Motors

During Apple Inc.’s annual meeting at its Cupertino, California, one company was mentioned quite a number of times by the tech giant’s shareholders. During the meeting, an investor told... Read more about Apple investors are eager for a marriage with Tesla Motors


Tesla widens Q4 net losses from $16 million to $108 million

Tesla Motors Inc. saw its net losses widen almost sevenfold in the fourth quarter of 2014 from $16 million to $108 million. The carmaker saw its revenues for the quarter surge 55 percent... Read more about Tesla widens Q4 net losses from $16 million to $108 million


Tesla woos Chinese buyers for Model S with trade-in support

Tesla Motors Inc. is trying to woo wealthy consumers in China to buy its Model S electric sedan by helping them trade in their older vehicles. Tesla said in a statement that it will... Read more about Tesla woos Chinese buyers for Model S with trade-in support


Tesla announces battery upgrades for the Roadster, a 400-mile range

Tesla Motors Inc. is offering owners of the Tesla Roadster upgrades for their electric vehicles. For instance, Tesla is offering to upgrade the battery technology used in the Roadster,... Read more about Tesla announces battery upgrades for the Roadster, a 400-mile range


Veronica Wu quits as President of Tesla China

Veronica Wu, president of Tesla China, is resigning from her post as Tesla Motors Inc.’s chief for the country, disclosed company official Richard Lan. Her resignation came just after nine... Read more about Veronica Wu quits as President of Tesla China


Tesla Model S tops owner-satisfaction survey at Consumer Reports

Drivers of Tesla Model S luxury electric sedan were the most satisfied among auto owners, according to the latest owner-satisfaction survey conducted by Consumer Reports. The Model S scored... Read more about Tesla Model S tops owner-satisfaction survey at Consumer Reports


First McLaren P1 hypercar crashed in Dallas, Texas

If you love cars just like we do, you better not read this article or see the pictures in the photo gallery as you ill get a pain in the hearth. A McLaren P1 hypercar has just been crashed... Read more about First McLaren P1 hypercar crashed in Dallas, Texas


Tesla postpones initial deliveries of Model X to Q3 2015

The initial deliveries for the Tesla Model X crossover will be postponed to the third quarter of 2015 as the carmaker wants to make sure that the EV will “delight customers.” Tesla chief... Read more about Tesla postpones initial deliveries of Model X to Q3 2015


Michigan governor hit for signing bill barring Tesla’s direct auto sales

A bill that disallows direct sales of vehicles in Michigan has been signed into law, effectively closing the doors for Tesla Motors to sell without going through dealers. The signing of the... Read more about Michigan governor hit for signing bill barring Tesla’s direct auto sales


US Bank offering compelling leasing for Tesla buyers in the United States

Tesla announced on its website that the US Bank is now offering lease for buyers of the Model S, in the United States of course. What’s more interesting is that the monthly lease payments... Read more about US Bank offering compelling leasing for Tesla buyers in the United States


Daimler’s Tesla stake sale signals growing rivalry with each other

While Daimler said that its decision to sell its 4-percent stake in Tesla Motors would not affect its working relations with the US EV-maker, analysts speculate that such a move means... Read more about Daimler’s Tesla stake sale signals growing rivalry with each other


Daimler sold its remaining 4% stake in Tesla for $780 million

All of you folks know that Tesla is becoming more important and a rival for most of carmakers with its high-performance electric cars. Tesla is continuously increasing its value and now,... Read more about Daimler sold its remaining 4% stake in Tesla for $780 million


Michigan bill banning Tesla direct sales now ready for signing

Tesla is one signature away from having it direct sales operations barred in Michigan, and it rallying its suppliers in the state to oppose the bill already sitting on the desk of Gov. Rick... Read more about Michigan bill banning Tesla direct sales now ready for signing


Tesla Model S gets Dual Motor All Wheel Drive and Autopilot options, P85D arrives with 691 hp

Tesla unveiled its all-wheel drive versions of its Model S and as expected, the specs of the new models are quite impressive. According to the company, the Dual Motor All Wheel Drive... Read more about Tesla Model S gets Dual Motor All Wheel Drive and Autopilot options, P85D arrives with 691 hp


Tesla developing an used-car program to sell second-hand Model S EVs

According to the latest reports, Tesla Motors is now developing a program to sell second-hand Model S vehicles. Apparently, there are some good reasons for doing this: drop the cost of the... Read more about Tesla developing an used-car program to sell second-hand Model S EVs


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