Tesla announced a new offering of 2.7 million shares of common stock today, along with $450 million worth in convertible senior notes.
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Tesla’s stock price rose 24 percent Wednesday after the electric car maker reported its first quarterly profit.
The Tesla Model S continues to earn rave reviews, the latest coming from the notoriously picky team at Consumer Reports.
Tesla has formally announced its first quarter 2013 results, reaching profitability for the first time in the American electric automaker’s 10-year history.
It’s no secret that Google has been working on autonomous vehicles for quite some time, and now Tesla CEO Elon Musk is considering adding that technology to Tesla’s vehicles.
Tesla is taking the Model S into “supercar handling territory” according to a product description on its retail site.
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.
Last month, Tesla made a splash by offering a resale value guarantee on the Model S, stating it would be higher than that of a Mercedes-Benz S-Class. However, Tesla is upping the ante by offering the best resale value of almost any luxury auto maker.
Tesla CEO Elon Musk announced a new service and warranty program today for owners of the Model S EV, which includes a free Model S loaner when their cars are in for service, and an unconditional warranty on the vehicle’s battery pack.
Tesla Motors Inc. has 33 days to appeal a ruling issued Monday denying the electric car maker a dealer license in Virginia.
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.
There’s good news for Tesla owners: company CEO Elon Musk recently announced that he plans to create a fleet of loaner cars that owners can borrow while theirs is in service.
Tesla CEO Elon Musk spent the day in Texas advocating that the electric car maker be allowed to sell its products directly to the public.
The Tesla Roadster is still one of the most interesting electric cars in the world, but brand executive George Blankenship says the next car will “push the envelope beyond what anybody else is doing.”
Tesla announced today that the Model S will now be available through a leasing program which is aiming to broaden the car’s availability to more buyers.
10. (TIE) 3-Series Hybrid, Mercedes E400 Hybrid, Infiniti M35h, Buick LaCrosse/Regal eAssist: 29 mpg
Who is to say that luxury car buyers aren’t affected by high gas prices? If you want to drive in comfort, style, and have the latest high tech goodies in a car, you shouldn’t have to pay more at the pump for it. Here are our picks for the top 10 most fuel friendly luxury cars, ranked in order of their combined city/highway mpg numbers.
Quite a few luxury cars hit the 29 mpg mark combined. The most impressive of the bunch is the Buick LaCrosse, which manage to get solid fuel economy, despite its bigger size. The Infiniti, Mercedes and BMW vehicles make do with a high-power pairing of a six-cylinder engine and an electric motor, which gives the end result of over 300-hp.
The Buicks use a mild hybrid system called eAssist which pairs a 2.4L four-cylinder engine with a conventional automatic, and a compact lithium ion battery to get its impressive fuel economy numbers.
Tesla has announced that due to apparent lack of demand, it will not offer a 40 kWh battery in the Model S sedan.
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.
Detroit Electric is back and promising to launch an all-electric sports car next month.
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.
As Tesla hopes to repay its DOE loan five years ahead of schedule, the American electric automaker will be delaying production on the Model X for at least a year.
With confidence in spades, Tesla CEO Elon Musk said yesterday that the electric car maker will repay its $465 million government loan in “five years or less.”