TeslaTesla plans Model S battery swap as fast refueling option 3:29 pm U.S. ET | June 18, 2013 Tesla Motors, already adding a network of fast-charging stations for its luxury electric cars, is readying a service to rapidly swap a car's battery with a charged pack for added convenience.... Read More »
2013 AUTOMOTIVE NEWS EUROPE CONGRESS Jaguar Land Rover, ZF, Tesla are 2013 L.E.A.D.E.R. winnersJune 12, 2013 18:00 CET Jaguar Land Rover, ZF Friedrichshafen and Tesla are the 2013 winners of the fourth annual Automotive News Europe/Automotive Intelligence Center L.E.A.D.E.R. awards.... Read More »
2 affiliates of electric-car maker Coda seek bankruptcy protection 12:49 pm U.S. ET | June 11, 2013 Two affiliates of failed California electric-car maker Coda Automotive filed for chapter 11 bankruptcy protection in another sign of the challenges facing the green car industry.... Read More »
Tesla's 'III': Leaf's price, 200-mile range 12:01 am U.S. ET | June 10, 2013 Tesla Motors will launch a small electric sedan in late 2016 with a range of at least 200 miles and a price point "half" that of the flagship Model S, Tesla CEO Elon Musk said last week. The Model S starts at $62,400, after a $7,500 federal tax incentive, meaning the so-called "Gen III" vehicle will start at about the same price as the Nissan Leaf SV and have triple the real-world range.... Read More »
EXECUTIVE COMPENSATION CEOs' pay grows with the economy 12:01 am U.S. ET | June 10, 2013 Ford CEO Alan Mulally has repeated as highest-paid CEO at publicly traded North America-based automotive companies. Mulally took home $68,443,381 in 2012, up slightly from the $68,247,702 he made in 2011. He climbed to the top of last year's list after placing third in the 2010 rankings. Unlike previous years, Mulally isn't the only automaker CEO on the list. No. 33 on this list of 35 executives is General Motors CEO Dan Akerson.... Read More »
For Tesla, the buzz flies on a marketing shoestring 12:01 am U.S. ET | June 8, 2013 Tesla Motors has no advertising, no ad agency, no chief marketing officer, no dealer network. And that's no problem. The EV company, co-founded by tech billionaire Elon Musk, is the buzz of the auto industry and Wall Street, where its stock has tripled so far this year.... Read More »
'Affordable' Tesla to arrive in late 2016 9:20 pm U.S. ET | June 4, 2013 Tesla Motors will launch its smaller electric sedan in late 2016, with a range of at least 200 miles and a price point "half" of the flagship Model S, Tesla CEO Elon Musk said.... Read More »
Tesla loses its battle to sell directly in Texas 12:01 am U.S. ET | June 3, 2013 The showdown between Tesla and Texas dealers is over -- for now -- with Tesla founder Elon Musk suffering his second straight setback in his fight to sell electric cars directly to consumers.... Read More »
KRISHNAN M. ANANTHARAMAN Whether it's arrogance, genius or both, Musk has an EV vision 12:01 am U.S. ET | June 3, 2013 Elon Musk, founder of Tesla Motors, thinks he can do the things that people say can't be done. Some people see that as arrogance. Others see courage and vision. But on this there's little debate: Step after step, Musk and his 10-year-old Silicon Valley startup are setting the pace and the standards for the yet-unproven market for electric vehicles.... Read More »
Tesla accelerates plan for coast-to-coast recharging 1:49 pm U.S. ET | May 30, 2013 Tesla Motors said today it will expand its network of fast-charge stations beyond California and the Northeastern seaboard within several months to a year. Elon Musk, CEO of the electric-vehicle maker, said the fast-charge stations are being upgraded from 90 kilowatts to 120 kilowatts, meaning they will be able to return most of the vehicle's range in 20 to 25 minutes, roughly twice as fast as the Tesla charging time.... Read More »
Tesla readies smaller, cheaper crossover, sedan by 2017 3:58 pm U.S. ET | May 30, 2013 Tesla Motors is pushing ahead with plans for a small crossover vehicle that will share its basic underpinnings with a new compact sedan that is expected to reach dealers "in the next three to four years," CEO Elon Musk said today.... Read More »
Tesla stock surges past $100 for first time 9:34 am U.S. ET | May 28, 2013 Tesla Motors stock surged past the $100-a-share level for the first time as the company prepares to announce an expansion of its charger network for its vehicles this week.... Read More »
Tesla and Chrysler trade barbs about paying back Uncle Sam 3:34 pm U.S. ET | May 23, 2013 Tesla CEO Elon Musk took to Twitter today to respond to Chrysler's barb that Tesla wasn't the first American automaker to repay the federal government for aid.... Read More »
Tesla pays back balance of DOE loan 10:48 am U.S. ET | May 22, 2013 Tesla Motors said it paid off the entire balance of its federal government loan given as part of a Department of Energy program to spur development of alternative energy vehicles.... Read More »
Tesla Motors may repay U.S. loan by Wednesday, Musk says 10:41 pm U.S. ET | May 20, 2013 Tesla Motors may repay its federal Department of Energy loan as early as Wednesday, CEO Elon Musk said in a message on Twitter on Monday.... Read More »
REUTERS NEWS ANALYSIS The road to a greener America is littered with roadkill 11:43 am U.S. ET | May 20, 2013 Apart from the recent success of Tesla Motors, the electric vehicle sector has been one of the biggest duds in clean tech. It's all part of green energy's mid-life crisis.... Read More »
GABE NELSON Audi gripes, but Tesla could be en route to niche-brand success 3:59 pm U.S. ET | May 20, 2013 Audi wants to be clear: Just because the Tesla Model S is outselling Audi's flagship A8 in the U.S. luxury sedan market, it does not mean Tesla Motors is beating Audi.... Read More »
DAVE GUILFORD Price is next hurdle for Tesla growth 12:01 am U.S. ET | May 20, 2013 Tesla has had one hell of a run lately. It reported its first quarterly profit. It's brainstorming self-guided cars with Google. The stock is sizzling. Let's just take a deep breath. Amid all the buzz, it's important to realize what Tesla has and hasn't accomplished Dave Guilford is enterprise editor of Automotive News.... Read More »
FINAL ASSEMBLY Tesla's soaring stock price buries short sellers 12:01 am U.S. ET | May 20, 2013 The recent rocket ride of Tesla stock has put the hurt on holders of "shorts" -- those gambling that the price of the stock will fall.... Read More »
Behind the scenes, Straubel keeps Tesla running at pivotal time 12:01 am U.S. ET | May 18, 2013 Elon Musk was fresh off the sale of PayPal and starting another business, commercial rocket service Space Exploration Technologies, when he met kindred spirit JB Straubel. Their shared belief that consumer electronics advances could be applied to more earthly modes of transport is a cornerstone of Tesla Motors.... Read More »
Tesla expands share, debt offering to repay U.S. loan, hike cash 10:34 am U.S. ET | May 17, 2013 Tesla Motors increased the size of its equity and debt offerings by 30 percent to as much as $1.08 billion to repay its U.S. loan and build up cash reserves.... Read More »
Tesla issuing stock, debt to accelerate repayment of U.S. loan 5:34 pm U.S. ET | May 15, 2013 Tesla Motors plans to issue 2.7 million new shares and debt to repay its U.S. Energy Department loan faster than a five-year plan.... Read More »
Musk's magic touch on Wall St. 12:01 am U.S. ET | May 13, 2013 The cult of personality surrounding Tesla Motors founder and CEO Elon Musk has wowed the investment community. Operating on the edge of the U.S. Securities and Exchange Commission's fair-disclosure rules, Musk and his steady flow of Twitter posts about Tesla have corresponded with a swift rise in the share price of his EV company. He has repeatedly halted declines with well-timed tweets.... Read More »
Retired Texas dealer McCall supports Tesla 12:01 am U.S. ET | May 13, 2013 Retired Texas auto dealer Sterling McCall surprised fellow dealers in April when he testified in favor of Tesla Motors Inc.'s bid to carve out an exemption to state franchise law. But after buying two Teslas himself -- and taking delivery of his Model S in a high school parking lot -- McCall became convinced that the current Texas law is unfair to the electric vehicle maker.... Read More »
Tesla falters in Texas; N.C. fight goes on 12:01 am U.S. ET | May 13, 2013 Elon Musk has two weeks to convince Texas legislators that he deserves an exemption to current state law that would allow him to sell his Tesla electric vehicles directly to consumers. It will be a long shot.... Read More »
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Dealer O.C. Welch's big-truck turnaroundAfter Mercury's demise, South Carolina Ford-Lincoln dealer O.C. Welch had to find a way to replace lost revenue. He decided to load up on Super Duty pickups – and sell them online. Mon., June 17» Watch the Video |
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