Tesla Model S coming earlier than scheduled
Tesla’s Model S electric car will be available earlier than scheduled. It will go on sale this June. While this is good news for the company, it was dealt with a painful blow when it... Read more
Tesla planning to begin repaying its U.S. loans by the end of 2012
Tesla Motors Inc., the first start-up to satisfy the requirements of the Energy Department’s loan program, is now making use of the last of the $465 million in U.S. loans granted to it.... Read more
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
Tesla to cut costs at old NUMMI plant to make profit
Tesla Motors Inc. is conducting a survey on a 50-year-old factory in Fremont, Calif., where it intends to produce electric cars, according to Gilbert Passin, its vice president of... 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 says that Roadster batteries becoming a ‘brick’ is an irrational concern
Tesla Motors, in response to a blog post that claims that Roadster batteries could fail if the car is ever totally discharged, said that this is an “irrational” concern. On Tesla’s Web... Read more
Advance sales of the Tesla Model X already exceed $40 million
Just one day after Tesla presented the Model X at its Design Studio in Southern California, its advance sales have already surpassed the $40 million mark. Making this feat more remarkable... Read more
Tesla to develop an electric vehicle for Mercedes-Benz
Tesla has began a development program with Daimler to produce a new electric Mercedes-Benz vehicle with a Tesla powertrain, according to a shareholder’s letter sent last Wednesday that... 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 Motors expected to record 63 cents-a-share loss in fourth quarter 2011
Tesla Motors Inc. is expected to post a 63 cents-a-share loss for the fourth quarter of 2011, higher than the 47 cents-a-share loss for the same period in 2010, according to average... 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 Model S launch won’t be affected by the departure of the two top engineers, CEO says
With Tesla Motors Inc.’s claim that there won’t be a delay in the production and sale of its all-electric Model S sedan due to the departure of two top engineers, its shares increased by... Read more
Peter Rawlinson, Nick Sampson left Tesla before its Model S launch
The departure of Tesla Motors Inc.’s two top executives -- Peter Rawlinson and Nick Sampson -- has resulted to a significant drop in shares. The timing is unfortunate as the electric-car... Read more
Tesla Model X crossover will be unveiled on February 9
The Tesla Model X crossover was expected to debut last month but Elon Musk now said that its premiere will be on Feb. 9 at the automaker’s design studio located in Hawthorne, Calif. In... Read more
Tesla says Model S has a price tag of up to $92,400
California-based Tesla Motors Inc. has released the prices and features of its Model S electric sedan, which will go on sale in 2012. A base version of the car will cost $57,400, packed... Read more
Tesla unveils Roadster Final Edition limited to 15 units
For sale in the U.S. is the last Roadster from Tesla to ever be produced. This production vehicle – the first ever from Tesla – was launched four years ago and has had 2,600 units built.... Read more
Arcspeed Roadster is an Australian electric supercar
An Australian electric supercar – the Arcspeed Roadster – will be arriving in the market after more than a year. This topless sports car is expected to take a shot at the Tesla Roadster... Read more
Tesla Model S is already sold out, CEO Elon Musk says
Although the model didn’t even hit the dealerships, Tesla CEO Elon Musk said that the Model S is already sold out. That’s right folks, if you wanted to buy next year a Tesla Model S you... Read more
Tesla CEO Elon Musk confirms a new Roadster model for 2014
As you may know already, Tesla sold almost all the Roadster models destined for the United States market and the Model S saloon is ready to hit the dealerships next year, while the Model... Read more
Tesla loses major part of court libel claim against Top Gear
Tesla Motors’ high court libel claim against Top Gear, a BBC program, has hit a major obstacle but the electric sports carmaker is still pursuing a malicious falsehood suit against the... Read more
Tesla shows the production version of Model S sedan to customers
Tesla opened its factory doors to customers who preordered the upcoming Model S sedan this Saturday. That’s right folks, the 2012 Tesla Model S is about to hit the streets. According to... Read more
Tesla applied for another loan from the U.S. government
Tesla has applied for a loan from the U.S. government in its quest to offer “more affordable electric vehicles,” according to Tesla spokeswoman Khobi Brooklyn. Meanwhile, House... Read more
Elon Musk bets $1 million that Tesla Model S will hit the dealerships this fall
The announcements made by Tesla Motors’ CEO, Elon Musk, are oftentimes met by skepticism. It’s likely because Musk has released statements that the company would later fail to accomplish... Read more
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