Now what you’re about to read here may not be considered car news, but it has to do with an automotive icon that is making serious strides in the zero-emissions electric-car traveling. Tesla’s CEO Elon Musk, recently took a shot at Apple during a government-sponsored roundtable in London held last week. Musk said that Apple [...]
After winning the 2013 Motor Trend Car of the Year Award, the publication decided to sit down with co-founder Elon Musk to find out what else the company has in store for us in the future. Besides the upcoming Tesla Model X crossover, Musk said that the company is working on a third-generation car, which [...]
Tesla Model S, which is really the world’s first luxury electric sedan, has won Automobile Magazine’s ‘Automobile of the Year’ award. Check out more news on the Tesla Model S. “Winning AUTOMOBILE Magazine’s ‘Automobile of the Year’ award is an important milestone for Tesla because it underscores our goal to build a great car, not just [...]
Tesla Motors CEO Elon Musk is speaking out against speculation that the electric-car maker is in financial trouble. Musk said that the company plans to make an advanced payment on federal loans used to produce the Model S electric sedan. Last week, Tesla said that it has cut its full-year revenue forecast due to slower-than-expected [...]
Tesla Motors released prices and fully allocated its follow-on offering of 6,925,740 shares of common stock at a price to the public of $28.25 per share. Tesla also granted the underwriter a 30-day option to purchase up to an additional 1,038,861 shares of common stock. All shares are being offered by Tesla. Tesla’s CEO Elon [...]
This don’t always go the way you plan. Tesla Motors warned its investors yesterday that its 2012 sales of the Model S electric sedan will fall about 30 percent below original expectations because it is confronting ‘unique manufacturing challenges.’ Tesla has built 255 units of the Model S from June through last Sunday. It still [...]
Tesla Motors has just surprised the automotive world by unveiling what it calls a ‘Supercharger network.’ The Tesla Superchargers are basically quick charging stations that will be placed along well-traveled routes in North America – so if you’re one of the many that feared taking a long-trip in your electric-car, it’s time to stop worrying. [...]
In a recent interview with Automobile Magazine, Tesla CEO Elon Musk slammed his counterpart at Fisker Automotive and his Karma plug-in hybrid sedan. Check out more news on the Fisker Karma. “It’s a mediocre product at a high price,” Musk said in an interview. “The car looks very big, and yet it has no trunk [...]
Tesla Motors founder CEO Elon Musk is already the largest stakeholder of the electric-car company with a 25.8 percent stake. According to a regulatory filing Wednesday, Musk has now been granted to an option to purchase 5.27 million shares in Tesla. If made, the move would be a part of a long-term compensation plan to [...]
Now that the Tesla Model S has been launched, many have started speculating that CEO Elon Musk will be stepping down and letting someone else take the controls. In a recent interview with PluginCars, Musk said that he is “committed to staying at Tesla for several more years. It won’t be forever.” Check out more news [...]
