Tesla paid off the entire balance of DOE loan
Tesla Motors announced today that it paid off the entire balance of its U.S. government loan awarded to the company by the Department of Energy in 2010. What is very interesting is that... Read more about Tesla paid off the entire balance of DOE loan
Tesla may fully repay DOE loan as early as Wednesday
Tesla Motors Inc. may fully repay a loan taken from the United States Department of Energy early as Wednesday, chief executive Elon Musk said in a message on Twitter. Musk also tweeted... Read more about Tesla may fully repay DOE loan as early as Wednesday
Tesla is issuing new shares and debts to repay US loan faster
Tesla Motors Inc. is issuing 2.7 million new shares as well as convertible senior notes as part of its bid to repay a $465-million loan taken out from the U.S. Energy Department faster... Read more about Tesla is issuing new shares and debts to repay US loan faster
Tesla Model S gets near-perfect score from Consumer Reports
The Tesla Model S received a near-perfect score of 99 (maximum is 100) from the highly influential Consumer Reports magazine, which cited the electric car's power, "pinpoint" handling and... Read more about Tesla Model S gets near-perfect score from Consumer Reports
Tesla posts $11.2 million net profit in first quarter 2013
Tesla Motors Inc. posted $11.2 million in net income for the first quarter of 2013, its first ever quarterly profit. This is in contrast to the $89.9 million net loss reported in the same... Read more about Tesla posts $11.2 million net profit in first quarter 2013
Tesla is in talks with Google about driverless technology
Elon Musk, the CEO of electric-car company Tesla Motors, said that he hopes that the company will be able to work with Google in the development of autonomous cars. Bloomberg said that... Read more about Tesla is in talks with Google about driverless technology
Tesla increased the guaranteed residual value of the Model S
After the three-year lease-to-own period of Tesla’s electric Model S sedan, its guaranteed residual value will be raised to 50%. The guaranteed residual value has been compared to the 43%... Read more about Tesla increased the guaranteed residual value of the Model S
Tesla hints at an electric pickup truck, will build its second plant in Texas
Tesla Motors said that it will invest more heavily in Texas and it may even build its second automotive assembly plant in Texas if it gets granted an exemption. In an interview with... Read more about Tesla hints at an electric pickup truck, will build its second plant in Texas
Tesla partners with 2 banks to offer new lease products
Tesla Motors has partnered with USBank and Wells Fargo Bank to come up with vehicle financing and leasing products that will enable consumers to lease a Tesla Model S for an effective... Read more about Tesla partners with 2 banks to offer new lease products
Tesla expected to post a profit in the first quarter of 2013, due to Model S high sales
Due to the unexpected high sales of the Model S electric sedan, Tesla Motors will be able to post a profit in the first quarter of 2013. Tesla sold 4750 units of the Model S, much higher... Read more about Tesla expected to post a profit in the first quarter of 2013, due to Model S high sales
Tesla delays the Model X until late 2014
The production of the Tesla Model X electric crossover was set to start this year but there has been a significant delay and the car is likely not to start to be built until late 2014.... Read more about Tesla delays the Model X until late 2014
NY Times Model S review brought Tesla a stock-market value drop of $100 million
The New York Times article that claimed that Tesla’s Model S sedan fell short of its estimated range cut down the value of its stock market shares by up to $100 million, according to CEO... Read more about NY Times Model S review brought Tesla a stock-market value drop of $100 million
Tesla posts 4Q net loss of $89.9 million, worse than $81.5 million in 2011
Tesla Motors Inc. posted a net loss of $89.9 million in the fourth quarter of 2012, slightly worsening from the net loss of $81.5 million in the same period in 2011. The company, however,... Read more about Tesla posts 4Q net loss of $89.9 million, worse than $81.5 million in 2011
New York Times editor admits that Tesla test drive had some problems
Tesla CEO Elon Musk’s faith in the New York Times has been restored after the paper’s public editor, Margaret Sullivan, said that the auto critic who lambasted the Tesla Model S had taken... Read more about New York Times editor admits that Tesla test drive had some problems
New York Times reporter John Broder responds to Tesla CEO Elon Musk
New York Times reporter John Broder gave a detailed response to Tesla CEO Elon Musk’s accusation that he faked his report. Tesla allowed Broder to borrow a Model S to test its new... Read more about New York Times reporter John Broder responds to Tesla CEO Elon Musk
Tesla CEO Elon Musk reveals data of the car tested by NY Times
The New York Times is rejecting Tesla Motors’ claim that its writer’s review of the Model S sedan was “fake.” Tesla’s CEO Elon Musk had recently revealed data that had supported the... Read more about Tesla CEO Elon Musk reveals data of the car tested by NY Times
Tesla CEO calls NY Times’ review of Model S range as “fake”
Tesla Motors Inc.’s chief executive Elon Musk called ‘fake’ a review published by The New York Times, saying that the range of its Model S sedan was reduced by cold weather. The Times... Read more about Tesla CEO calls NY Times’ review of Model S range as “fake”
Tesla CEO Elon Musk wants to help Boeing to fix the batter on the 787 Dreamliner
Tesla CEO Elon Musk announced on his Twitter page that he is offering to assist Boeing to discover a solution to the battery meltdown issue of the 787 Dreamliner. There were several who... Read more about Tesla CEO Elon Musk wants to help Boeing to fix the batter on the 787 Dreamliner
Tesla opens first supercharger stations on the East Coast
Owners of the Tesla Model S in the East Coast area rejoice at the opening of the first supercharger stations in the area. Tesla Motors said that the new chargers are located at the... Read more about Tesla opens first supercharger stations on the East Coast
Tesla will open its second store in Natick, Massachusetts
Buyers for vehicles built by Tesla Motors Inc. could soon make purchase reservations at a store in suburban Boston, after municipal officials approved a dealer license for the carmaker.... Read more about Tesla will open its second store in Natick, Massachusetts
EPA rates the 2013 Tesla Model S at 95 MPGe
There are various battery packs available for the 2013 Tesla Model S electric luxury sedan. The Environmental Protection Agency has revealed that Tesla’s middle option, a 60-kWh... Read more about EPA rates the 2013 Tesla Model S at 95 MPGe
Tesla is on its way to becoming profitable, CEO Elon Musk says
It appears that electric automaker Tesla Motors will finally be on its way to becoming profitable. In a message that company CEO Elon Musk posted on Twitter last Monday, it stated that... Read more about Tesla is on its way to becoming profitable, CEO Elon Musk says
2013 Tesla Model S will be with $2,500 more expensive
Don’t wait until the start of 2013 to place your orders for a Tesla Model S to avoid paying $2500 more. Those who make their reservations next year will be subject to the price increase.... Read more about 2013 Tesla Model S will be with $2,500 more expensive
Tesla Model S getting more expensive
Tesla wants to clarify that the Model S pricing will go up very soon but that there are exceptions. For example, the price hike won’t apply to those who have an existing reservation... Read more about Tesla Model S getting more expensive
Tesla CEO sees continued federal support for EV in Obama’s second term
Tesla Motors Inc. chief executive Elon Musk believes that President Barack Obama’s second term would lead to continuation of a government policy that promotes electric and hybrid vehicle.... Read more about Tesla CEO sees continued federal support for EV in Obama’s second term
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