Tesla Motors announced today that it has finalized a supply agreement with Panasonic Corporation for automotive-grade lithium-ion battery-cells that will be used in the upcoming Tesla Model S Sedan. “The agreement supplies Tesla with Panasonic’s lithium-ion battery cells to build more than 80,000 vehicles over the next four years,” Tesla said in a statement. “It [...]
According to Tesla Motors CEO Elon Musk, the company will unveil its Model X crossover ahead of its auto show debut at the 2011 Detroit Auto Show. That means we’ll get to see the new crossover Tesla before January 2012. “The time is right to unveil the car,” said Musk. “I’ve seen the latest design [...]
Tesla Motors’ Model S Sedan will hit the markets sometime in 2012. At launched in three trim levels each providing you with a total range of either 160, 230 or 300 miles per charge. Tesla says so for that 0 to 60 comes in just 5.6 seconds with a top speed that is limited to [...]
After receiving a $459 million low-interest government loans in 2009, start-up electric vehicle manufacture Telsa Motors says the brand will not be looking for additional funding from the Energy Department. Elon Musk, Telsa Motors CEO, says “We don’t need any additional funding. We will not be applying for any,” and that the brand has “more [...]
House Republicans want to cut another of Obama’s green-jobs program – one that provides many new start-up electric car makers some finance to get things going. It’s the same program under which Tesla received up to $465 million. That loan has helped Palo Alto electric-car maker open an electric powertrain factory at its headquarters and [...]
Pulitzer Prize-winning automobile journalist has bet electric-car maker Tesla’s Elon Musk $1,000,000 that Tesla won’t reach its new release dates for the much anticipated Model S electric luxury sedan. Because Musk, who is an entrepreneur, has made many comments and promises about the new Tesla Model S sedan and many of them have turned into [...]
A new Smart car is out and it’s an EV! Called the ForTwo Electric Drive, the third-generation EV features an all-new powertrain that was developed by Deutsche Accumotive while the old model used a Tesla-built system. “The smart fortwo has exceeded itself. It has always been a pioneer of urban mobility and with the new [...]
Tesla Motors continues to test the new Model S electric-sedan before the vehicle begins deliveries next year. In a recent attempt to keep the buzz around the Tesla Model S, the company released a video of its new model driving with the legendary Tesla Roadster. Click here for more news on the Tesla Model S. Check [...]
Electronic vehicle company Telsa is experiencing some unexpectedly high foot traffic at its showrooms. With a number of enticing elements at the various locations, the brand has put four additional executives in place to handle what is to come for the start up. Currently, only one model is available with a $109,000 price tag, which [...]
Tesla Motors recently reached a $100 million deal with Toyota where the electric-car maker will supply the powertrain equipment for the RAV4 EV. Tesla’s CEO Elon Musk announced earlier today that the company is now negotiating a potential $1 billion deal with Toyota. During a conference call earlier today, Musk said that the second quarter [...]
