A couple of days ago, a Tesla Motors employee confirmed that the first ever prototype of the much-anticipated all electric Model S sedan is up and running. While at the time Tesla had not confirmed anything, the electric automaker has quietly released a video of what is known as the Model S Alpha (there is [...]
rNews about Tesla Motors stock hasn’t been all that positive as of recently. Shares of the electric-car maker fell more than 15 percent earlier this week as the company’s “lock-up period” expired. Tesla is now hoping to generate some positive press and said today that cheaper batteries will make the upcoming Model S sedan more [...]
Tesla Motors Model S electric sedan is scheduled to go into production next year. After going through some crash tests, deliveries of the vehicle will start sometime in 2012. According to Tesla Motors, more than 3,000 people have put down $5,000 reservation fees to get in line for the Model S. Tesla recently doubled its [...]
When Tesla Motors CEO Elon Musk speaks about the future of electric-vehicles, everyone listens. In an interview with Automotive News, Musk recently said that the next-generation of electric-vehicles will be lighter, stiffer and safer. “I don’t think any manufacturer, Tesla included, has really designed a car to optimize the electric powertrain,” Musk said. “It’s a [...]
Earlier this year, after joining forces with Toyota, Tesla Motors announced that it has purchased the former NUMMI factory in Fremont, California, where it will build the Model S sedan and future Tesla vehicles. Tesla agreed to buy the plant for a total of $42 million. To date, Tesla Motors has paid NUMMI an initial [...]
If you’re probably wondering whether or not Tesla and Toyota will jointly produce electric-vehicles as a part of their partnership, here’s your answer. In a recent filling with the Securities and Exchange Commission, Tesla said that it may never get to the point where it will jointly develop electric-vehicles with Toyota. The details of the [...]
Tesla Motors, Inc., closed Thursday on a $465 million low-cost Energy Department loan to build a SoCal factory to produce their $50,000 Model S electric sedan and another facility to produce powertrains in Palo Alto. The Palo Alto factory will assemble battery packs, electric motors, and related equipment for Tesla”s own vehicles and to sell [...]
Tesla announced today that it has received $465 million in low-interest loans from the U.S. Department of Energy and will use $365 million for the production and assembly for the Model S sedan. The San Carlos automaker will use the other $100 million for a powertrain manufacturing plant. Tesla says that the powertrain manufacturing facility will [...]
While Tesla’s new Model S sedan will be built on the company’s own platform, the Tesla Roadster shares its underpinnings with the Lotus Elise. However, now it’s time to work on the next Roadster, and like all future Teslas, the next-generation roadster will ride on a variation of the Model S platform. While that will [...]
As many of you know by now, Daimler AG has acquired a 10 percent stake in Tesla Motors. During the press conference earlier this morning, Tesla Motors CEO Elon Musk said that his company is “looking forward to a strategic cooperation in a number of areas including leveraging Daimler”s engineering, production and supply chain expertise. [...]
