Tesla

Tesla meets Model S production goal, but losses widen

5:30 pm U.S. ET | Feb. 11, 2015

Tesla's fourth-quarter net losses widened to $108 million from $16 million as the EV maker approached the final stages of development for its Model X crossover. Fourth-quarter revenues were $957 million, up 55 percent from $615 million. Tesla said it manufactured 11,627 vehicles in the fourth quarter....
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Porsche plans EV-only Pajun, report says

12:01 am U.S. ET | Feb. 2, 2015

Porsche will sell its long-planned Pajun sedan only as an electric car to compete with vehicles such as the Tesla Model S, a German magazine reported....
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Porsche plans EV-only Pajun to fight Tesla, report says

Jan. 24, 2015 06:01 CET

Porsche will sell its long-planned Pajun sedan only as an electric car to compete with vehicles such as the Tesla Model S, a German magazine said....
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NICK BUNKLEY

BLOG: NADA, Tesla, pitchforks and torches -- a missed opportunity

1:00 am U.S. ET | Jan. 23, 2015

If there's one thing many car dealers can't stand right now, it's Tesla. Yet here they are, thousands of them, spending a few days right in Elon Musk's backyard....
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Missouri dealers file suit to block Tesla sales

1:20 pm U.S. ET | Jan. 23, 2015

Missouri auto dealers filed suit to block Tesla Motors' direct manufacturer-to-consumer sales in the state. The Missouri Automobile Dealers Association on Thursday filed a lawsuit in a state court, accusing the Department of Revenue and its director, Nia Ray, of violating Missouri law by allowing Tesla to sell its vehicles without a franchise dealer....
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Independent repair shops edge out dealership mechanics in customer satisfaction survey

3:27 pm U.S. ET | Jan. 22, 2015

When it comes to vehicle repairs, independent shops may be pleasing customers more than mechanics at dealerships' service bays, a Consumer Reports' survey said today....
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JAMES B. TREECE

BLOG: Luddites? Really?

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

Maybe you saw this: Four states received a “Luddite Award” from a think tank for laws preventing Tesla from opening its own stores. The four are Arizona, Michigan, New Jersey and Texas....
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Ford to open r&d lab in Tesla's backyard

4:16 pm U.S. ET | Jan. 21, 2015

Ford CEO Mark Fields, seeking to burnish his company's high-tech credentials, will announce Thursday the opening of a Silicon Valley r&d center that is believed to be one of the auto industry's largest....
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MISSION TO DETROIT

Tesla's Musk focused on turning EV skeptics into believers

12:01 am U.S. ET | Jan. 19, 2015

In an hourlong discussion at the Automotive News World Congress, Tesla's Elon Musk offered several pearls of Elonthink and a few prized revelations about his personal life. But the real reason Musk came to Detroit was to deliver an urgent message to the industry establishment: Believe in EVs now, or regret it later....
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2015 AUTOMOTIVE NEWS WORLD CONGRESS

Musk: 'Keep driving our volume' to hit targets

12:01 am U.S. ET | Jan. 19, 2015

Electric vehicle maker Tesla Motors Inc. should be able to sell "a few million" cars per year by 2025, after the company has broadened its lineup beyond the Model S sedan and opened a "gigafactory" to double the world's supply of lithium ion battery cells, CEO Elon Musk said last week at the Automotive News World Congress....
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PHILIP NUSSEL

BLOG: Musk's $481 million paper loss in Detroit

12:10 pm U.S. ET | Jan. 16, 2015

In the world of Elon Musk, one off-hand remark can be expensive. On Tuesday, the Tesla CEO lost $481 million on paper after he mentioned "unexpectedly weak" sales in China. But after his celebrity-like appearance here, it was clear that Detroit's love for Musk is only going to grow....
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Musk dangles track, car plant in wooing Texas lawmakers

9:31 pm U.S. ET | Jan. 15, 2015

Tesla CEO Elon Musk urged Texas lawmakers to ease restrictions on sales of the company's electric luxury cars as he floated the prospect of locating a new car factory or a test facility for his "hyperloop" mass transit concept in the state....
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DOUGLAS A. BOLDUC

BLOG: Zetsche, Tesla's Musk have similar timetables for self-driving cars

8:00 am U.S. ET | Jan. 14, 2015

Daimler CEO Dieter Zetsche and Tesla CEO Elon Musk have very similar timetables for when they think autonomous cars will be on the road....
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DOUGLAS A. BOLDUC

BLOG: Zetsche, Tesla's Musk have similar timetables for self-driving cars

12:01 am U.S. ET | Jan. 14, 2015

Daimler CEO Dieter Zetsche and Tesla CEO Elon Musk have very similar timetables for when they think autonomous cars will be on the road....
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2015 AUTOMOTIVE NEWS WORLD CONGRESS

Musk urges automakers to move faster on EVs

3:45 pm U.S. ET | Jan. 13, 2015

Established car companies must accelerate the development and sale of electric vehicles, despite a drastic decline in oil prices, Tesla Motors CEO Elon Musk said today during a speech to auto executives at the Automotive News World Congress....
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GABE NELSON

BLOG: For once, Detroit's dealers welcome Tesla

2:00 pm U.S. ET | Jan. 10, 2015

For 10 days in January, throngs of car buffs will walk the floors of Cobo Center at the Detroit auto show, eager to see whatever catches their eye....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Tesla seeks solutions in 'fragmented' Europe

Jan. 9, 2015 06:01 CET

Tesla expects Europe to play a big part in its bid to hit production targets by the end of 2015, but the region presents unique challenges, as the electric carmaker's global sales boss, Jerome Guillen, explained to Automotive News Europe....
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Driverless-car global market seen reaching $42 billion by 2025

5:00 pm U.S. ET | Jan. 8, 2015

Vehicles that drive themselves on the freeway or take over in traffic jams may be on the road in large numbers by 2017 and autonomous cars might create a $42 billion market for the technology by 2025, Boston Consulting Group said....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Check out the ANE e-magazine for January

Jan. 7, 2015 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine is ready for you to view. This month's edition looks at why Jaguar expects 2015 to be a record-breaking year....
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Toyota opens hydrogen patents to advance fuel cells

4:00 pm U.S. ET | Jan. 5, 2015

Toyota said today it won’t enforce more than 5,600 patents it owns on hydrogen fuel-cell technology through 2020, allowing rivals to reap the fruits of its research royalty-free. The move mirrors a step last year by Tesla Motors....
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TESLA

Waiting for Model X

12:01 am U.S. ET | Jan. 5, 2015

The dual-motor, all-wheel-drive version of the Model S, which bears the letter 'D' on its badge, will debut in Detroit, three months after its unveiling at a private event in Los Angeles....
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China extends green vehicle subsidies until 2020

3:40 pm U.S. ET | Dec. 30, 2014

China will extend subsidies for new energy "green" vehicles to 2020, according to draft rules published on Tuesday, extending the current incentive plan, which expires at the end of 2015....
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German premium brands seek to highlight tech lead at electronics show

Dec. 29, 2014 06:01 CET

Germany's premium automakers aim to show that they still have a leading edge in autonomous driving and car connectivity technology at the Consumer Electronics Show in Las Vegas....
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Tesla offers Roadster upgrade package to reach a 400-mile range

4:24 pm U.S. ET | Dec. 26, 2014

Tesla Motors is offering a suite of upgrades to its sporty two-seat roadster, which it no longer sells, giving owners as much as a 400-mile range, enough to drive from San Francisco to Los Angeles....
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Tesla to help Chinese buyers trade in their old cars for Model S

8:10 am U.S. ET | Dec. 26, 2014

Tesla Motors will help Chinese buyers trade in their old cars if they buy a Model S, part of the automaker’s latest efforts to spur sales of its all-electric sedan in the world’s biggest vehicle market....
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