Two people familiar with the situation told Reuters today that electric-vehicle automaker Tesla Motors is planning to go public soon. The sources said that Tesla is outlining plans to offer an IPO and cash in on investors who are interested in the future of electric-vehicles. A source said that an IPO filing from Tesla is expected [...]
In an effort to ensure that Tesla builds its Model S electric-sedan in California, the state has struck a tax incentive agreement with the San Carlos company. Governor Arnold Schwarzenegger’s office said that a state agency will temporarily hold a title worth of $320 million equipment to be purchased by Tesla and will not pay [...]
If you’re one of the 900 Tesla Roadster owners out there you have to live with a very hard choice – you can either drive efficiently and show off how many miles you traveled on a single charge or you can throw the efficiency part out of the window and show off how you can [...]
Tesla has announced a new mobile service program featuring house calls for customers in the United States and Canada. Known as the Tesla Mobile Service Rangers, mobile service squad will visit a Tesla owners” homes, offices or parking garages to perform an range of procedures, including annual inspections and firmware upgrades. “Customers pay $1 per roundtrip [...]
In a new article on Tesla’s blog, Diarmuid OConnell, Tesla’s Vice President of Business Development, is “clearing the air” on the company’s Department of Energy loan. The electric-vehicle company received a total of $465 million in low-interest loans from the DOE, $365 million of which it will use for the production and assembly for the Model [...]
Tesla announced today that it has settled its legal dispute with founder and former CEO Martin Eberhard stemming from the company’s early struggles to launch an electric sports car. Eberhard sued Tesla accusing current CEO, Elon Musk, of defamation and planning is ouster. Musk, who made hundreds of millions of dollars as the co-founder of [...]
California start-up, Tesla Motors, has announced the addition of a former Audi sales exec and former YouTube communications head to its team. John Walker came over from Audi to head up the North American sales division effective immediately, and Ricardo Reyes, who was the head of global communications and public affairs for YouTube will become [...]
Currently, Tesla Motors sells just one car – the $109,000 Roadster. The company has sold just 700 units of the electric sports car and hit profits for the first time in July; No biggie, the Big 3 and other automakers have nothing to worry about… right? Wrong, according to a report by AutoWeek, Tesla has plans [...]
The 248-hp Tesla Roadster is an already expensive vehicle with pricing starting at $101,500. However, it allows you to go from 0 to 60 in 3.9 seconds, is 100 percent electric and allows you to travel 244 miles before you need to plug it in. What’s better than a Tesla Roadster? A Tesla Roadster Sport. [...]
Electric-car fans, or more so Tesla Motors fans, can now rejoice. The electric-car maker’s former CEO Martin Eberhard has voluntarily requested that his lawsuit against the company and its new CEO, Elon Musk, be dropped. Eberhard requested that the suit be dropped on Aug. 7, according to his lawyer Yosef Peretz. Peretz declined to comment on [...]
