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 [...]
So you’re one of the elite few that had the $100,000 plus thousand to purchase a Tesla Roadster. While the tiny electric Roadster does turn heads when you drive, it still has plenty of limitation including and not limited to – no cargo room, no backseat and no power steering. Check out more news on [...]
While Tesla Motors is all about going green and pitching the environmental benefits of their vehicles, the company is also about offering exhilarating performance. Some publications that have already gotten their hands on the Model S have reported a 0 to 60 mph time of just 3.9 seconds – so what happens when you take [...]
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. [...]
The guys over at Motor Trend recently got a hold of the new Tesla Model S and reported some very impressive figures: 0-60 mph: 3.9 seconds. 1/4 mile: 12.5 seconds at 110.9 mph. Fuel-economy: 100.7 MPGe during a 200+ mile drive (EPA rates it at 89 MPGe). When compared to its high-performance gas-burning German rivals, Motor [...]
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 [...]
