Delivering a welcome victory for the government’s policy of supporting American manufacturing, Tesla Motors has paid off the loan it received from the Department of Energy nine years ahead of schedule, giving taxpayers a profit of at least $12 million on the original $465 million loan, Reuters reported. “I would like to thank the Department… Read more »
Search Results Found For: "Tesla"
This week at Tesla part two: Media naysayers turn to cheerleaders (VIDEO)
Publications across the media spectrum, including former skeptics, are now cheering the California company on.
This week at Tesla part one: Company announces plans to raise more capital and pay off DOE loan early
The Palo Alto powerhouse announced offerings of 2,703,027 shares of common stock.
Will Tesla add battery swap capability to the Model S?
Just as the idea of battery swapping seems to have stalled (its main proponent, Better Place, is retrenching amid hard times, and Nissan’s Carlos Ghosn has poo-pooed the concept) it may get a recharge from the alpha dog of the EV pack. A careful reading of the leaves from Elon Musk’s last cup of tea… Read more »
Consumer Reports: Tesla Model S is the best car since 2007 (VIDEO)
Tired of hearing about a certain California carmaker? Well, sorry. Tesla’s name is all over the press this week, from gushers about stock market success to sour-grapes hit pieces about ZEV credits to tantalizing hints of next-gen batteries and self-driving sedans. However, this is the most important news of all for a prospective Model S buyer: Consumer… Read more »
Tesla hits it out of the park, reports first-ever quarterly profit
Those who follow the markets know that earnings reports – good or bad – tend to trigger big moves in a stock price only when they are surprises. No one knows this better than master showman Elon Musk, so in a way it was no surprise that the size of Tesla’s first-ever quarterly profit, announced… Read more »
Tesla slightly sweetens financing program
Tesla has announced a couple of small improvements to the financing program that it introduced in April. It is raising the Model S resale value guarantee to make it the highest of any premium sedan (excluding rare, low volume or limited edition vehicles). Buying a Model S through the Tesla financing offering now comes with… Read more »
Tesla cleans up on California ZEV credits
California’s system of Zero Emission Vehicle credits appears to be working precisely as intended, according to the Los Angeles Times. The state’s Air Resources Board has mandated that 15% of new-car sales in 2025 consist of ZEVs, but the system allows companies that aren’t selling enough clean cars to meet the mandate to purchase credits… Read more »
Tesla owners to congregate at Teslive conference, Musk to keynote
There are several cars that have fan clubs of fanatical and fiercely loyal owners – GTOs, Minis, VW camper fans – but Tesla must hold some sort of record for inspiring such a close-knit group in such a short span of time. Model S and Roadster owners will be celebrating their green, tech-savvy style at… Read more »
Tesla announces improved service and warranty plan
Continuing its policy of trickling out tidbits of good news, the company announced a couple of upgrades to its service offerings.