Tesla CEO Elon Musk has admitted that the automaker’s online finance calculator was misleading and has confirmed it will be fixed to not include non-financial factors in the online monthly payment.
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No one likes sitting in traffic. Especially not if you’re a millionaire entrepreneur like Elon Musk.
Residents in Austin, Texas are overwhelmingly in favor of electric vehicle maker Tesla being allowed to sell its Model S sedan according to a web poll by the Austin Business Journal.
Elon Musk and Tesla have been making headlines the last couple of months, from dealing with The New York Times to promising an affordable electric car within five years.
According to comments made by Tesla CEO Elon Musk on Twitter, a “low cost, compelling electric car” is “3 to 4 years away” from being a reality.
Tesla CEO Elon Musk may have published his “final word” on The New York Times’ review of his company’s Model S electric car, but apparently the finality of his remarks only apply to the written word, as he elaborated on his feelings during a keynote address at the South by Southwest Conference (SXSW) in Texas.
A public battle between the New York Times and Tesla CEO Elon Musk is still sprouting news after the disgruntled executive told Bloomberg that the article likely cost the electric car maker $100 million.
As the saga between Tesla and The New York Times comes to an end (allegedly), Tesla CEO Elon Musk has released a final, final note on the controversy.
In what has turned into quite the battle between New York Times writer John Broder and Tesla CEO Elon Musk, Broder has issued a response to Musks’ most recent claims.
Tesla spokeswoman Shanna Hendriks’ world turned upside down on Monday after CEO Elon Musk issued a stiff rebuke over an article in the New York Times he called fake.
A recent article published in the New York Times by John Broder about the Tesla Model S is creating some fuss today, as Tesla CEO Elon Musk says it is fake.
While we’ve seen the Model X electric crossover concept before, the vehicle sitting at the Tesla booth at this year’s Detroit Auto Show is sporting a few modifications.
Despite irking the National Automobile Dealers Association and being slapped with lawsuits, EV maker Tesla won a license to sell cars near Boston.
Tesla’s CEO Elon Musk recently sat down with Motor Trend for an interview, and hinted that the company has plans for an all-electric supercar, as well as an electric truck.
Elon Musk, tech mogul and co-founder of Tesla is coming to the defense of his company as it faces a lawsuit from dealers in Massachusetts and New York.
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Despite skepticism surrounding Tesla Motors, CEO Elon Musk expects Tesla to report positive cashflow by the end of November.
Continuing to push the envelope on electric vehicle technology, Tesla will be unveiling its ‘supercharger’ on September 24th, which the American automaker claims will charge the Model S to full charge in one hour.
American electric automaker Tesla is enjoying great success, at least in terms of the EV market, and its CEO Elon Musk credits Daimler for saving the automaker in its time of need.
Elon Musk is not one to shy away from bold statements, recently going on the record to call the Fisker Karma overpriced and mediocre. The savvy entrepreneur and CEO of Tesla says he now hopes to build an electric supercar.
Last year, Wall Street Journal auto journalist Dan Neil placed a friendly wager with Tesla CEO Elon Musk that the Model S would not be ready this year. Considering deliveries of the Tesla Model S were streamed live recently, it’s safe to say Neil lost the bet.
Tesla just began delivers of its new Model S luxury sedan this week but already the American electric car makers is targeting strong sales for 2013.
In anticipation of the launch of its new Model S electric luxury sedan later this year, Tesla has been busy expanding its retail network to meet supply. “We added six new stores in the U.S. last year, four in the last quarter,” said George Blankenship, VP of sales and ownership experience, speaking during a conference call scheduled to address concerns over the company’s recent executive changes.
It might seem strange to open dealerships without any real cars to sell. After all, Tesla’s first vehicle, the Tesla Roadster, has been discontinued, while the Model S has yet to go into full production. And yet, says Blankenship, the new stores are “working exactly as we had hoped.”
In just the month of December, Tesla saw 299,000 visitors to its stores, helping bring the year-end tally for reservations on the upcoming Model S to 8,000.
Another major contributing factor was the release late in December of pricing for the Model S, with the entry level 40 kWh model starting at $49,900 after a $7,500 federal tax credit. “The strongest week for reservations was week we announced pricing,” said Blankenship, commenting on significant demand for the flagship Signature model despite its $87,900 starting price (before tax credit).
“We’re sold out of Model S Signature in the U.S.” he declared, and then announced that a waiting list is going to be created.
The future will see a continued ramp-up of sales infrastructure for Tesla throughout 2012 with plans to add 10 to 12 new retail stores in cities including New York, Los Angeles, Miami and Toronto.