In one corner, America’s newspaper of record! In the other corner, one of our most eloquent entrepreneurs, a man who never shrinks from defending his creations against attacks in the media! This impromptu bout promises much entertainment for EV boosters and bashers alike. The story so far: On February 8, The New York Times published… Read more »
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Mouse Tesla offers to remove thorn from Lion Boeing’s paw
Elon Musk, the entrepreneurial force behind Tesla Motors and SpaceX, who surely knows a thing or two about lithium-ion batteries, has offered unspecified aid to aviation giant Boeing, whose flagship 787 Dreamliner remains grounded after a pair of battery-related incidents. “Desire to help Boeing is real & am corresponding w 787 chief engineer,” Musk tweeted… Read more »
Tesla cranks Model S assembly line up to full speed
Tesla’s director of Model S programs said that the company’s Fremont, California assembly plant is running at its full rate of 400 vehicles per week (20,000 per year).
Judge dismisses Massachusetts auto dealers’ lawsuit against Tesla
The good news just keeps rolling in for Tesla. This week a Massachusetts Superior Court judge dismissed a lawsuit that the Massachusetts Automobile Dealers Association had filed against the company, based upon the auto dealers’ lack of standing and failure to state a claim. Tesla plans to build its own network of stores, rather than… Read more »
Tesla opens its first Supercharger stations on the East Coast
The new stations are located at highway rest areas in Milford CT and Wilmington DE. The company plans to install more stations along the Northeastern corridor in the future.
Tesla announces European distribution center in the Netherlands
Most of the parts for Model S will still be made by Tesla in the US, but final assembly for European markets will take place at the Dutch facility.
Tesla reaches break-even point as it struggles to catch up with orders
Tesla’s on a roll these days. Still basking in the glory of rave reviews by Motor Trend and Consumer Reports, CEO Elon Musk announced that the company has stopped burning cash and reached the break-even point, a major milestone for any start-up. “Am happy to report that Tesla was narrowly cash flow positive last week. Continued improvement expected… Read more »
Tesla announces modest price increase as media raves about Model S
For many prospective Model S buyers got, today’s news was probably a pleasant surprise, as Tesla announced that its much-feared price increase would be – drumroll, please – $2,500. Many in the media thought it was madness to raise the price for the American-made electric luxury sedan, as everyone agrees that high up-front prices… Read more »
Tesla Model S to become even pricier
Tesla announced this week: “Yes, we will be announcing a Model S price increase in the near future."
…and the bad news is…Tesla reduces revenue forecast
Tesla’sunveiling of its new Supercharger was streamed online, with a light show and plenty of hoopla. Its announcement the next morning was a more subdued affair. The company said that Model S production has increased at a slower rate than anticipated, and that it is “approximately four to five weeks behind our previously announced Model… Read more »