Tesla

  • 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

  • Tesla’s $100M IPO: Losses Expected Until At Least 2012. Musk Taking $1 A Year.

    Electric car company Tesla Motors has filed for a $100 million IPO. There were rumors recently floating around that the company, which is led by PayPal co-founder Elon Musk, would go public “soon.” One interesting tidbit from the filing: Musk only takes $1 in yearly salary. Read More

  • Tesla's $100M IPO: Losses Expected Until At Least 2012. Musk Taking $1 A Year.

    Electric car company Tesla Motors has filed for a $100 million IPO. There were rumors recently floating around that the company, which is led by PayPal co-founder Elon Musk, would go public “soon.” One interesting tidbit from the filing: Musk only takes $1 in yearly salary. Another interesting factoid: In the filing, Tesla states that it has seen net losses in each quarter… Read More

  • Florida gets its own Tesla dealership

    I can see it now. Instead of putzing around in electric golf carts, retirees will soon be cruising in Tesla Roadsters. The car is essentially a gigantic and dramatically more powerful golf cart anyway. It’s not like they need to worry about the 244 mile range. The bingo hall and golf course is probably right around the corner from their retirement compound anyway. Read More

  • Tesla Motors preparing to go public "soon"

    Tesla Motors is planning an IPO soon according to a Reuter’s report. However at this point it’s still not clear when that will be although the company had previously stated it won’t happen in 2009. In fact, this rumor has been around for sometime, but in case you didn’t notice, the stock market wasn’t doing that well until recently. Tesla has been ramping up… Read More

  • Loaner Tesla used by excited game designers to get sweet road noises

    For the last 20 years I’ve been playing racing games here and there, and when they started becoming realistic (i.e. the cars weren’t square and the engine noises weren’t square waves), the enormity of the sound challenge never really struck me. Engine, road, and tire noise, plus accurate doppler effects, different crunches and thunks for impacts… the list goes on. As… Read More

  • Spooky Tesla Radio in a jar

    This fun little DIY device is labeled as a “crystal radio circuit in a jam-jar.” But that description doesn’t even to begin to do it justice. According to Tesla, this electronic wonder allows you to hear the disembodied, ethereal voices, of the, well, ether, I guess. Read More

  • Tesla Puts Another $82.5 Million In The Tank

    Tesla has finalized an $82.5 million series F funding round, according to a spokeswoman for the company. Tesla raised $82.5 million in funding from Daimler, Fjord Capital Partners, Aabar and other undisclosed investors. We have been informed that Tesla CEO and PayPal founder Elon Musk was not an investor in this round. This adds to the $50 million Tesla received from Daimler in May, bringing… Read More

  • Lawsuit Against Tesla Dropped

    Remember that whole sour grapes law suit filed against Tesla Motors and Elon Musk by co-founder and former CEO Martin Eberhard? According to Eberhard’s lawyer, he has dropped the suit but doesn’t give any clarification as to why Eberhard dismissed the legal action, according to the San Jose Business Journal. We reported earlier this summer that Eberhard filed a lawsuit against… Read More

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