Internet entrepreneurs back Chinese electric vehicle startup, NextEV

3:13 pm U.S. ET | Aug. 31, 2015

A group of deep-pocketed China-based internet entrepreneurs and financial investors, including Tencent and Hillhouse Capital, is backing an effort to create NextEV, a new rival to U.S. electric car maker Tesla Motors....
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Calif. dealers call Tesla referral deal illegal

1:11 pm U.S. ET | Aug. 28, 2015

A new referral program from Tesla Motors that offers discounts to buyers referred by a Tesla owner is drawing complaints from dealers in the electric-car manufacturer’s home state of California....
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Musk takes page from PayPal with Tesla Model S referral offer

7:06 am U.S. ET | Aug. 28, 2015

Elon Musk reached back to his days at PayPal for Tesla's first-ever incentive offer. Anyone who orders a new Model S sedan before Oct. 31 using the referral link of a current owner will get $1,000 off the purchase price, under the program announced July 29....
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Tesla Model S breaks Consumer Reports' test scale

6:43 am U.S. ET | Aug. 27, 2015

Tesla's high-performance Model S P85D scored a 103 on Consumer Reports' ratings scale meant to top out at 100, forcing the magazine to recalibrate its ratings. “It blew away everything else we've ever tested,” said Jake Fisher, the magazine's automotive testing director....
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Mobility for Tesla? Musk isn't saying -- or is he?

12:01 am U.S. ET | Aug. 24, 2015

What's behind that eye-popping new share price outlook Morgan Stanley analyst Adam Jonas put on Tesla? Bloomberg reports that the key reason for raising the target to $465 from $280 (the stock closed at $255.25 on Aug. 19) is currently at about $243) is what Jonas calls “Tesla Mobility, an app-based, on-demand mobility service.”...
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Tesla strikes again at Pebble Beach

12:01 am U.S. ET | Aug. 24, 2015

If there is one constant as of late at the 65-year-old Pebble Beach Concours d'Elegance it is this: Everyone wants to talk about Tesla....
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Tesla revamps retail stores, adds apparel, gear

12:01 am U.S. ET | Aug. 22, 2015

Tesla Motors is launching a wholesale revamp of its stores worldwide as the electric-car company prepares to introduce the Model X, its first SUV. The effort is largely devoted to telling the Tesla story, critical for a young company selling a product that remains mysterious -- and intimidating -- to most drivers....
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Tesla engineer joins Apple's growing team of automated car experts

2:53 pm U.S. ET | Aug. 21, 2015

Apple has hired a senior engineer from Tesla, according to a LinkedIn posting, as part of Apple's effort to build a team of experts in automated driving....
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Tesla to install charging stations at 30 high-end Airbnb properties

9:51 am U.S. ET | Aug. 21, 2015

Tesla is providing charging stations to Airbnb hosts on the West Coast as part of a partnership with the home-sharing startup....
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Former Ford Europe COO tapped to recruit for U.S.-Chinese EV startup

2:58 pm U.S. ET | Aug. 20, 2015

Martin Leach, former COO at Ford of Europe, is recruiting staff for a new electric car manufacturer based mainly in China and California. Leach declined to say which company is backing the new venture, but said, "It is not a company with a background in the car industry."...
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Audi teases Tesla Model X fighter, says launch planned for 2018

Aug. 19, 2015 11:06 CET

Audi issued a teaser picture and some details of an all-electric SUV that it will launch to rival the upcoming Tesla Model X. The SUV will have a range of more than 500km (310 miles) and will go into production in 2018 as the brand's first volume electric car, Audi said....
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Tesla stock sale raises $738 million

6:05 pm U.S. ET | Aug. 19, 2015

Tesla said the underwriters of its secondary stock sale exercised their option for additional shares, boosting the proceeds to an estimated $738.3 million. The EV maker sold 3.1 million shares at $242, providing a cash cushion as it prepares to begin deliveries of its Model X SUV....
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Tesla, VW remain only Takata airbag users without recalls

6:54 am U.S. ET | Aug. 18, 2015

Volkswagen and Tesla are the only automakers that have avoided U.S. recalls while continuing to use Takata Corp. airbag inflators, which have triggered a global safety crisis....
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Tesla stock price predicted to nearly double, Morgan Stanley says

1:49 pm U.S. ET | Aug. 17, 2015

Forget about a mere 15 percent increase in stock value -- how about a 90 percent one? That's how bullish Morgan Stanley analyst Adam Jonas is on Tesla....
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Tesla raises share offering to $642.5 million

7:10 am U.S. ET | Aug. 14, 2015

Electric automaker Tesla Motors said today it was looking to raise about $642.5 million through a share sale, above the $500 million it announced on Thursday....
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Tesla note irks some Model S owners

1:42 pm U.S. ET | Aug. 14, 2015

Tesla Motors annoyed some owners of its Model S cars with an e-mail requesting that they stop hogging the free fast-charging stations the electric-vehicle maker provides to ease long-distance travel....
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Tesla seeks to raise about $500 million through share sale

7:18 am U.S. ET | Aug. 13, 2015

Tesla Motors plans to raise about $500 million through the sale of 2.1 million shares. CEO Elon Musk has indicated an interest in buying nearly 84,000 shares for about $20 million in the offering, the company said today....
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BLOG: Tesla strikes while the iron's hot

1:11 pm U.S. ET | Aug. 13, 2015

At certain points in their lives, even obsessive billionaires like Elon Musk must come to terms with the fact that some things are beyond their control....
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Tesla VP of service takes leave of absence

2:49 pm U.S. ET | Aug. 10, 2015

Jerome Guillen, Tesla Motors Inc.'s vice president of worldwide service and deliveries, has taken a leave of absence until the end of the year. Tesla's service skills may be tested in the coming months. The company next month is set to begin delivering the Model X....
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Tesla burns cash, loses more than $4,000 on every car sold

7:58 am U.S. ET | Aug. 9, 2015

It's crunch time for Tesla. The automaker is losing more than $4,000 on every Model S electric sedan it sells, using its reckoning of operating losses, and it burned $359 million in cash last quarter in a bull market for luxury vehicles. The company on Wednesday cut its production targets for this year and next....
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Tesla alters first sales incentive after Va. cracks down

4:37 pm U.S. ET | Aug. 7, 2015

Virginia regulators have taken issue with Tesla Motors' new Model S referral program, prompting the maker of luxury electric cars to change the program in that state....
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Hackers turn off Tesla Model S at low speed

8:10 am U.S. ET | Aug. 6, 2015

Tesla issued a software patch to address security flaws in the Model S that could allow hackers to take control of the sedan. Cybersecurity experts took command of a Model S and turned it off at low speed, one of six major flaws they found that could allow hackers to maneuver the vehicle, a newspaper reported....
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Tesla struggles with new SUV's 'artsy' middle seat

Aug. 6, 2015 10:57 CET

Elon Musk ratcheted back Tesla's sales targets and said the company is facing challenges with seats and other interior pieces on the company's first SUV, the Model X....
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Tesla critics still don't get it, executive says

5:32 pm U.S. ET | Aug. 4, 2015

Tesla Motors continues to be misunderstood and erroneously portrayed, the company's vice president of business development told an audience at the CAR Management Briefing Seminars Tuesday....
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Tesla executive challenges rivals to make better EVs

3:29 pm U.S. ET | Aug. 4, 2015

A Tesla Motors executive called on rival automakers to put more compelling electric vehicles on the road and said fuel-efficiency standards should be far more stringent....
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Mazda's Wager: Self-driving cars will be ‘disastrous’ for industry

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