Tesla

Toyota sells some Tesla shares, cooperation still possible

5:53 pm U.S. ET | Oct. 23, 2014
Toyota said today it had sold some of its shares in Tesla Motors but that it would continue to study possible cooperation with the California electric car maker in the future....
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CHRISTIAAN HETZNER

Why Daimler doesn't share investors' love affair with Tesla

9:14 am U.S. ET | Oct. 22, 2014
Are Tesla shares overvalued? If you ask Daimler, investors have gotten ahead of themselves with their exuberant love for Elon Musk's EV carmaker. Daimler sold its 4 percent Tesla stake for $780 million....
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GABE NELSON

Three factors in Daimler's $780M sale of Tesla stock

8:39 pm U.S. ET | Oct. 22, 2014
When Mercedes-Benz parent Daimler disclosed it had sold its 4 percent stake in Tesla Motors for a handsome $780 million, people naturally rushed for a simple explanation....
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CHRISTIAAN HETZNER

Why Daimler doesn't share investors' love affair with Tesla

9:14 am U.S. ET | Oct. 22, 2014
Are Tesla shares overvalued? If you ask Daimler, investors have gotten ahead of themselves with their exuberant love for Elon Musk's EV carmaker. On Tuesday, Daimler decided to cash out on its 4 percent stake for the price of $780 million....
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Daimler's surprise sale of Tesla stake fuels rivalry speculation

Oct. 22, 2014 12:28 CET
Daimler's decision to sell its 4 percent stake in Tesla Motors surprised investors and fueled speculation of a growing rivalry in the increasingly competitive electric car market....
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Mich. blocks Tesla's sales model by plugging loophole

2:19 pm U.S. ET | Oct. 21, 2014
Michigan Governor Rick Snyder signed a bill today that effectively bars Tesla Motors' direct-sales model in the state. While Tesla's model was already prohibited in Michigan, the wording of its franchise law left an opening that the automaker could potentially exploit as it has in Massachusetts, where dealers unsuccessfully tried to stop it from operating a store there. That potential loophole is now closed....
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Daimler earns $780 million windfall from sale of Tesla stake

Oct. 21, 2014 23:42 CET
Daimler said it would book a $780 million windfall from selling its 4 percent stake in electric car maker Tesla. The company said it will continue sourcing powertrain for the Mercedes B-Class Electric Drive from Tesla...
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Daimler sees $780 million windfall from sale of Tesla stake

5:18 pm U.S. ET | Oct. 21, 2014
Daimler AG said it will book a $780 million windfall from selling its 4 percent stake in rival electric car maker Tesla Motors....
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Tesla courted suppliers in bid to stop bill banning direct sales in Mich.

6:22 pm U.S. ET | Oct. 20, 2014
Tesla Motors looked for support from its suppliers in Michigan in the company's unsuccessful bid to get Governor Rick Snyder to veto a bill that bans Tesla from selling its EVs directly to customers in the state....
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Tesla's sales limits in Michigan tightened by one word of law

8:32 am U.S. ET | Oct. 20, 2014
By the removal of a personal pronoun from state law, a bill awaiting Governor Rick Snyder's signature would make it harder for Tesla Motors to sell its electric vehicles directly to customers in Michigan....
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Tesla blasts Michigan bill as 'raw deal'

2:31 pm U.S. ET | Oct. 17, 2014
Tesla says it's getting a “raw deal” in Michigan and is speaking out on a bill that would block its direct-sales model in the state -- and prevent it from operating a gallery. The bill cleared Michigan's legislative chambers October 2 and is awaiting the signature of Governor Rick Snyder....
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Anti-Tesla bill reaches Michigan governor's desk

12:50 pm U.S. ET | Oct. 15, 2014
Legislation that would prevent Tesla Motors from directly selling its EV lineup in Michigan has cleared the state's legislative chambers and is awaiting the signature of Republican Governor Rick Snyder. The deadline to sign the bill is October 21....
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For Tesla, best offense is strong D

12:01 am U.S. ET | Oct. 12, 2014
Tesla is applying the tech industry's approach to its cars, setting aside the auto industry's fixed cadence of redesigns and mid-cycle refreshes and adopting the technology industry's more fluid rhythm, offering incremental upgrades as they become available....
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Tesla's 'D' will be Model S with all-wheel drive, 2 motors

11:15 pm U.S. ET | Oct. 9, 2014
Tesla Motors will offer an all-wheel-drive system in its all-electric Model S sedan, CEO Elon Musk says, giving a glimpse of the first-of-its-kind powertrain that will power Tesla's Model X crossover when it goes on sale next year....
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Tesla to end 'The D' suspense

12:34 am U.S. ET | Oct. 9, 2014
Tesla CEO Elon Musk today will unveil new technology that helps keep drivers from drifting off the road and what analysts predict will be an all-wheel-drive variant of its Model S....
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Tesla spokesman Sproule leaves to be CMO at Aston Martin

11:05 am U.S. ET | Oct. 7, 2014
Aston Martin, the British sports car brand, said today it hired Simon Sproule, the vice president of communications at Tesla Motors, to serve as chief marketing officer under new CEO Andy Palmer. The move is effective November 1....
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Tesla's trump card? Used cars

12:01 am U.S. ET | Oct. 6, 2014
Tesla is developing a program to sell the Model S secondhand in a bid to lower the cost of entry for the $71,070 sedan and unlock the earnings potential of Tesla's factory-owned retail network....
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Tesla prepares to join automated-driving race

7:28 am U.S. ET | Oct. 6, 2014
Tesla Motors will make its first foray toward automated driving, joining luxury rivals in offering high-tech features, including one that can keep the car in its lane, said a person familiar with the carmaker's plans....
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EDWARD NIEDERMEYER

Dissecting what it means when Buffett grabs the wheel

11:27 am U.S. ET | Oct. 4, 2014
Wherever Warren Buffett goes, investors follow. But for anyone who thinks now is the best time to buy into car dealerships, a quick reality check may be in order....
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Tesla set to introduce automated-driving functions, report says

12:34 am U.S. ET | Oct. 4, 2014
Tesla will make its first foray toward automated driving with a suite of new high-tech features including one that can keep the car in its lane, said a person familiar with the carmaker's plans....
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Tesla battery factory near Reno is bet Nevada will see new gold rush

12:01 am U.S. ET | Oct. 4, 2014
Tesla's plans for a giant, advanced battery factory in a dry, desolate desert are raising hopes old Nevada, symbolized by adult entertainment like gambling and prostitution, will meet a new Nevada, where high-tech manufacturing and distribution businesses built on an immense scale can restore some of the state's fabled wealth....
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GABE NELSON

Musk's mysterious 'D' is probably an awd Model S

2:53 pm U.S. ET | Oct. 2, 2014
With his 1 million-plus Twitter followers and his celebrity status, Tesla Motors CEO Elon Musk has a tendency to act like a one-man marketing department....
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Tesla's Musk hints at a new model and 'something else'

6:37 am U.S. ET | Oct. 2, 2014
Tesla Motors CEO Elon Musk sent out a cryptic tweet, saying it is "about time to unveil the D and something else," with an accompanying photo which mentioned a date, Oct. 9....
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2014 Eurostar winner Elon Musk

Oct. 1, 2014 06:01 CET
The executives chosen as 2014 Automotive News Europe Eurostars achieved success by exceeding expectations. Tesla co-founder and CEO Elon Musk is this year's Eurostar winner for Entrepreneur....
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Iowa pulls the plug on Tesla test drives

4:10 pm U.S. ET | Sept. 26, 2014
Tesla Motors cut short a test-drive event in Iowa earlier this month after state regulators said the electric-vehicle maker was improperly acting as a dealer....
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