Posts Tagged: Tesla Model S

November sales: Prius Plug-in takes lead, Volt drops to third place

The good news: 2012 plug-in vehicle sales may turn out to be triple the 2011 figure. The bad news: November’s total is down a little from October, and sales of the former front-runner, the Chevy Volt, took a big hit. The Volt sold 1,519 units in November, a steep decline from October, in which the… Read more »

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 »

October plug-in vehicle sales break records

With a presidential election and a deadly hurricane hogging the headlines, it’s perhaps understandable that the major national news media have ignored the most important story: all three of the mass-market plug-in vehicles broke sales records in October, while also topping the Consumer Reports customer reliability survey. Once again the Chevrolet Volt leads the plug-in pack. The… Read more »

VIDEO: Jay Leno gives Model S a thorough workout

In the latest episode of Jay Leno’s Garage, our favorite TV personality and auto enthusiast takes an in-depth look at Tesla’s Model S, which he introduces as “the car they said would never be produced” and “the electric car that doesn’t look like an electric car.” Chief Designer Franz von Holzhausen gives Jay the grand tour,… Read more »

Monthly EV sales continue to grow

It’s that time again – September sales figures are in. Overall EV sales are up, and the standings remain the same.The Chevy Volt sold 2,851 units, a slight improvement over August’s all time record of 2,831, for a year-to-date total of 16,348. The Volt’s Hamtramck assembly line will remain idle until October 15th.  Toyota’s Prius… Read more »

…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 »