Tesla posts $89.9mil net loss in 1Q, worse than last year’s $48.9mil loss
Electric vehicle maker Tesla Motors Inc. posted a net loss of $89.9 million during the first three months. This is worse than the $48.9 million loss it incurred in 2011. The further rise... Read more
Abu Dhabi sells a 7% stake in Tesla Motors, makes $113-million profit
Abu Dhabi National Energy Co. booked a $113-million profit after it sold a 7% stake in Tesla Motors Inc., the electric automaker, on the stock market. The confirmation was made by the... Read more
Tesla sees significant rise in revenues in second half of 2012
Tesla Motors Inc. expects its revenue to substantially rise in the second half of 2012 when it commences the sale of its new Model S sedan. In its latest financial results, the company... Read more
Tesla posts $81.5 million net loss in the fourth quarter of 2011
Tesla Motors Inc. posted an $81.5 million net loss for the fourth quarter of 2011, around $31.1 million higher than its $51.4 million net loss for the same period in 2010. The company... Read more
Tesla unveils falcon-winged Model X prototype
Tesla Motors unveiled on February 8 the prototype of its newest car, the Model X, even before selling the pioneer Model S. Built on the same platform as the Model S, the Model X electric... Read more
Tesla Model X to feature gullwing doors
Tesla Motors will unveil a prototype of a new electric car model on Feb. 9 at its design studio in Hawthorne, California, even before it rolls out its Model S all-electric sedan this... Read more
Tesla revenues may increase up to 50 percent in 2011, report says
Tesla Motors Inc. said that its revenue in 2011 may increase up to 50% due to the high demand for its rechargeable vehicles and battery packs. The U.S. electric sports carmaker released... Read more
Tesla Motors launches battery recycling program in Europe
Tesla Motors will develop a special program for the recycling of batteries with the help of materials technology company Umicore. This Brussels-based company will be responsible for... Read more
RAV4 Electric to reach dealerships in 2012, Atlantic Toyota dealer says
The electric version of the RAV4 that Toyota and Tesla Motors are jointly developing will be available starting 2012, according to Tmcnet that quoted auto dealer Atlantic Toyota. The RAV4... Read more
Tesla Motors plans to go public soon
If there's any truth to rumors then we just might be seeing Tesla Motors go public soon. According to two insider sources, the Silicon Valley electric sports car maker best known for its... Read more
Tesla Motors to pay $15 million to buy equipment and parts at the former NUMMI plant
Tesla Motors announced that it will spend $15 million to purchase equipment and parts at the former NUMMI plant in Fremont, California. Last May, Tesla had entered an agreement to buy the... Read more
Tesla Motors posted a wider second-quarter loss
As Tesla Motors Inc. proceeds with plans to introduce a new model in 2012, it had posted a larger second-quarter loss on higher research and development costs. The electric car maker... Read more
Tesla Motors scheduled its initial public stock offering for June 29
Tesla Motors Inc.'s initial public stock offering is set for June 29. Tesla, an electric car maker based in Palo Alto, Calif., aims to raise up to $178 million through the sale. New... Read more
Tesla Motors has extended its body supply deal with Lotus
To help fill a gap in the production and sales of the Roadster, electric carmaker Tesla Motors Inc. has decided to extend its deal with British automaker Lotus. Tesla had registered for... Read more
Three employees of Tesla Motors were killed in a small airplane crash
In Northern California, a Cessna 310 struck an electrical tower and crashed into a residential neighborhood, killing three Tesla Motors employees. Local police say that Tesla confirmed... Read more
Tesla Motors filed for an initial public offering of up to $100 million
US electric sports car maker Tesla Motors filed for an initial public offering of up to $100 million, a move that is considered a landmark in the resurgence of electric car technology.... Read more
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