Tesla

  • The Toyota RAV4 EV Is Back! This Time Powered By Tesla

    The Toyota RAV4 EV just debuted at the LA Auto show. It’s not much of a surprise, really. It’s been known for a while that Toyota and Tesla were working together on the CUV EV. Tesla was tasked with the developing the power train, battery, electronics, electric motor, gearbox and software — pretty much the heart of the vehicle. The first crop are already on the road and seeing… Read More

  • Tesla Co-founder's Wrightspeed Raises $5 Million Series A Round

    Wrightspeed, a maker of fuel efficient, electric drive systems, has raised a $5 million Series A round from an unnamed private investor. According to the company’s press release, co-founder and EVP of Infinera, David Welch, will also join the company’s board. The company’s founder and CEO is Ian Wright, one of the co-founders of Tesla. Although Wright was an important figure… Read More

  • Panasonic Invests $30 Million In Tesla, For 2% Stake

    Consumer electronics maker Panasonic is cozying up to Tesla with a $30 million investment, in exchange for a 2% stake. Although Panasonic and Tesla have worked together in the past, under the new partnership, the duo will closely collaborate on the development and marketing of new Tesla battery packs that feature Panasonic lithium-ion cells. “Panasonic offers the highest energy-density… Read More

  • Don't Tell Tesla: In 2020, Sales Of Electric Vehicles Will Be Less Than 8% Of The Global Market

    Given all the apparent excitement surrounding electric vehicles and the billions invested by automakers, financial firms and government incentives, you would assume there was a groundswell of consumer support for hybrid and battery electric cars underlying this momentum. Unfortunately, according to a J.D. Power and Associates report released this morning, we may be on the electric car… Read More

  • Aryta Tesla Squelette Quadri Rotor Watch

    Let’s talk about weird. There is a good weird, and there is certainly bad weird. Which category any particular “weird” falls into it highly subjective. On most accords this watch is weird. I mean look at it? It is unlike almost everything else out there. A one of a kind creation by Yvan Arpa’s Artya brand, this watch belongs to the “Coup de foudre”… Read More

  • Tesla Reports Q2 Financials (updated)

    Tesla has released the details of their 2010 Q2 financial performance, and it looks like things are coming up roses for the nascent auto maker. Sales are up, with nearly $27m in sales coming in — translating to a total of around 250 Roadsters shipped. Their gross margins are up, though; their business is growing, and hopefully cash on hand will suffice to pay for R&D and… Read More

  • Cleantech Investment On The Rise Again In The US – $1.5 Billion In Q2 2010

    Cleantech Investment On The Rise Again In The US – $1.5 Billion In Q2 2010

    According to an Ernst & Young analysis based on data from Dow Jones VentureSource, venture capital investment in US-based cleantech companies hit $1.5 billion for the second quarter, in 68 financing rounds. That translates to an increase of 63.8 percent in capital and a 4.6 percent increase in deals compared to the same period last year. The $1.5 billion mark also means the highest level… Read More

  • Elon Musk Sat Down With Stephen Colbert, Talked Tesla, SpaceX And The Irony Of The Two

    Elon Musk certainly hasn’t been on the down-low lately. Well, with the Tesla’s IPO and then Toyota huge investment and manufacturing deals. Then there’s the lawsuits and his devoice. So yeah, it’s no wonder that Jon Favreau modeled his Tony Stark character after Elon — or so says Wikipedia. But last night he had a friendly fireside chat with Stephen Colbert, where… Read More

  • Porsche Revving Up All-Electric Sports Car

    The electric sports car scene is heating up with Porsche‘s confirmation of a new all-electric sports car based on its Boxster. The company is conducting daily tests of three research cars to study battery systems and electric drive components. Porsche President and CEO Michael Macht said in a statement that Porsche will “definitely be offering electric sports cars in the… Read More

  • Porsche Revving Up All-Electric Sports Car

    The electric sports car scene is heating up with Porsche‘s confirmation of a new all-electric sports car based on its Boxster. The company is conducting daily tests of three research cars to study battery systems and electric drive components. Porsche President and CEO Michael Macht said in a statement that Porsche will “definitely be offering electric sports cars in the… Read More

  • Tesla to build all-electric RAV4 for Toyota (and maybe a supercar, too)

    The all-electric RAV4 is set to make a comeback. But this time around Tesla Motors is going to provide the electric powerplant, rather than Toyota themselves. In fact, Tesla might even be doing the bulk of the assembling if this CNN Money report is correct. Toyota announced that the Japanese auto maker planned to invest $50 million into Tesla after a successful initial public offering. That… Read More

  • Tesla Stock Idling 7 Percent Below IPO Price

    After a better-than-expected pop on the first day of its IPO, Tesla’s stock (under the ticker symbol TSLA) started to slide a few days after.  It is now hanging 7 percent below its initial pricing of $17, closing at $15.80 per share today. Only a week on the market, Tesla’s stock has fluctuated greatly, trading at a high of $30.42 and dropping to a low of $14.98. While some… Read More

  • Tesla Unveils Roadster 2.5 Electric Sports Car

    Tesla unveiled its newest electric sports car today, the Roadster 2.5, just two days after its IPO. The Roadster 2.0 was released only a year ago, and existing customers will be able to buy upgrades to 2.5 features where feasible. Pricing starts at $101,500 after a federal tax credit of $7,500. The company says most of the updates are based on customer feedback. Read More

  • Tesla IPO Shares Pop, Drop, And Rally. Market Values It At $1.7 Billion.

    With the Dow down more than 250 points, today is not the best day for an IPO. But Tesla shares are rallying after an initial scare. Tesla Motors rang the Nasdaq opening bell earlier this morning to commemorate its initial public offering under the ticker symbol TSLA The shares opened at $19, a 12% jump from its $17 pricing yesterday. But then they immediately dropped, dipping below… Read More

  • Tesla Prices IPO At $17 Per Share

    Electric car manufacturer Tesla is pricing its IPO at $17 per share, according to a release issued this evening. We just wrote today that one day before its scheduled IPO, Tesla Motors increased the allotment of shares that will be sold to the public from 11.1 million to 13.3 million, according to an amendment to its S1 filing. Read More

  • Tesla CEO Elon Musk To Sell Nearly One Million Personal Shares At IPO

    Tesla CEO Elon Musk To Sell Nearly One Million Personal Shares At IPO

    One day before its scheduled IPO, Tesla Motors is increasing the allotment of shares that will be sold to the public from 11.1 million to 13.3 million, according to an amendment to its S1 filing. The additional shares are being sold by existing shareholders looking to cash out at the IPO, including Tesla founder and CEO Elon Musk who is selling an additional 909,212 of his personal shares. … Read More

  • Is the Next Prius Going To Be A Tesla?

    Toyota and Tesla announced a new partnership at Tesla’s headquarters in Palo Alto today, the auto makers will collaborate on technology, the development of new electric vehicles and Toyota will purchase $50 million of Tesla’s common stock. The press conference featured the Governor of California, Arnold Schwarzenegger, Tesla CEO, Elon Musk and TMC President, Akio Toyoda. Calling it… Read More

  • Is the Next Prius Going To Be A Tesla?

    Toyota and Tesla announced a new partnership at Tesla’s headquarters in Palo Alto today, the auto makers will collaborate on technology, the development of new electric vehicles and Toyota will purchase $50 million of Tesla’s common stock. The press conference featured the Governor of California, Arnold Schwarzenegger, Tesla CEO, Elon Musk and TMC President, Akio Toyoda. Calling it… Read More

  • Tesla to bring out CUV in 2013, other vehicles in 2014


    Tesla is quickly turning into a legitimate automaker with a full line of vehicles. It already has the sports car and soon a sedan, but now we’re hearing that there are more autos coming include a CUV (crossover utility vehicle) in the pipeline for 2013. First, however, the company needs to get the Model S out the door before it moves onto the crossover. Read More

  • Tesla Motors' Next VP of Manufacturing Is A Toyota (Veteran)

    Right off the heels of filing for a $100 million IPO, electric car company Tesla Motors this morning announced that it has hired former Toyota production engineering GM Gilbert Passin to lead the company’s vehicle manufacturing operations as Vice President of Manufacturing. Passin has 23 years of international automotive experience under his belt, most recently serving as general manager… Read More