Top 10 Automotive News Stories of 2013

Top 10 Automotive News Stories of 2013

9. Tesla Thrives

Launching a new car company has got to be one of the most challenging and capital-intensive ventures in the modern world. It requires massive amounts of design and engineering talent, a supplier base, manufacturing facilities, a dealer network, a full-time legal team, a mint’s worth of cash, plus a lot of luck and a bunch of other stuff we’re probably forgetting. Landing a man on the moon is likely an easier task.

SEE ALSO: 2013 Tesla Model S Review — VIDEO

Despite myriad challenges, automotive upstart Tesla is doing considerably better than many pundits predicted – especially in the stock market where the company’s stock is currently valued at over $150 per share.

The maker of all-electric automobiles has found surprising success with its Model S luxury sedan, which has won numerous awards including praise from AutoGuide. The car may be facing scrutiny from a few recent fires but overall it’s an undeniable achievement. And while end-of-year results aren’t yet in, the Model S is poised to be the best selling electric car of 2013.

Tesla’s accomplishments in 2013 are major news and going forward the company is set to introduce a crossover vehicle and a more affordable sedan.

  • MistyGreen

    How about “IIHS’s small overlap test wreaks havoc on Toyota”? That was pretty funny. Not sure if that technically happened last year though.