Lately it seems that almost every EV-related headline has to include a reference to Tesla, however tenuous. However, there may be some substance to this week’s news, as four major automakers have at least hinted at plans to directly challenge Tesla with new high-end EV models. In a recent conference call with Wall Street analysts,… Read more »
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Daimler sells stake in Tesla for $780 million in cash
Daimler has reorganized its financial relationship with Tesla, selling its 4% stake in the California carmaker. The cooperation between the partners on the Mercedes-Benz B-Class Electric Drive is unaffected. “We are extremely satisfied with the development of our investment in Tesla, but it is not necessary for our partnership and cooperation,” said Daimler Board Member… Read more »
Michigan legislature passes anti-Tesla bill
Michigan is the latest state to try to put a spoke in Tesla’s wheel. Legislation that would prevent the company from directly selling its EVs has passed both of the state’s legislative chambers and has been sent to Republican Governor Rick Snyder. “Right now the governor’s office is evaluating the bill, and there has not… Read more »
Tesla pre-owned vehicle program could be lucrative profit center
Tesla is developing a certified pre-owned vehicle program similar to those already offered by luxury brands such as BMW and Mercedes. “With the Model S fleet now heading toward the first cars hitting three years old, we are looking at CPO and how best to structure.” VP of Communications Simon Sproule told Automotive News. In… Read more »
Tesla D is more revolutionary than you think
Tesla’s mysterious D has been revealed and it is cool. Elon Musk introduced the dual-motor, all-wheel-drive version of Model S at a theatrical event at Hawthorne Municipal Airport (where SpaceX is headquartered). Musk didn’t just show a slide of the goodies – a huge robot arm lifted up a Model S chassis and turned it… Read more »
Can Tesla crack open Japan’s auto market?
Japan has long been at the forefront of the electromobility revolution. It’s the home of the historic Toyota Prius and the world’s best-selling EV, the Nissan LEAF. As an island nation that imports almost all of its oil, Japan has compelling reasons to electrify, and its government has worked hard to do so, providing significant… Read more »
Tesla ready to unveil new wonders October 9 (Updated)
Mark your calendars! On October 9, Tesla is going to announce…something. Elon Musk has issued one of his famously cryptic tweets, to wit: About time to unveil the D and something else pic.twitter.com/qp23yi59i6 — Elon Musk (@elonmusk) October 2, 2014 The mysterious missive is accompanied by a picture of what is undoubtedly a Model S… Read more »
Tesla bulks up Hong Kong operations
Tesla plans to double its Hong Kong workforce to over 100 people by the end of the year, and has hired a country director for the Chinese city. “Hong Kong could potentially be the place to showcase the success of electric vehicles to the rest of Asia,” said Veronica Wu, Tesla’s VP for China operations…. Read more »
Tesla fires new legal salvo against New Jersey auto dealers
Tesla has launched a new offensive in the ongoing War of the Auto Dealers, claiming that New Jersey’s Motor Vehicle Commission (MVC) did not have the authority to stop the company from selling its electric cars at showrooms in the state. Tesla sold cars directly to customers at two New Jersey showrooms for a couple… Read more »
New report examines Tesla battery technology and costs
A new report offers a detailed look at Tesla’s battery technology and how it fits into the overall EV industry. Titled simply The Tesla Battery Report, the slide-show-style presentation examines the following topics: Tesla’s success and the direction of the EV market EV battery technology: Tesla vs. conventional Tesla battery intellectual property EV battery cost… Read more »