Tesla

Tesla Motors may repay U.S. loan by Wednesday, Musk says

10:41 pm U.S. ET | May 20, 2013
Tesla Motors may repay its federal Department of Energy loan as early as Wednesday, CEO Elon Musk said in a message on Twitter on Monday.... Read More »

 

REUTERS NEWS ANALYSIS

The road to a greener America is littered with roadkill

11:43 am U.S. ET | May 20, 2013
Apart from the recent success of Tesla Motors, the electric vehicle sector has been one of the biggest duds in clean tech. It's all part of green energy's mid-life crisis.... Read More »

 

GABE NELSON

Audi gripes, but Tesla could be en route to niche-brand success

3:59 pm U.S. ET | May 20, 2013
Audi wants to be clear: Just because the Tesla Model S is outselling Audi's flagship A8 in the U.S. luxury sedan market, it does not mean Tesla Motors is beating Audi.... Read More »

 

DAVE GUILFORD

Price is next hurdle for Tesla growth

12:01 am U.S. ET | May 20, 2013
Tesla has had one hell of a run lately. It reported its first quarterly profit. It's brainstorming self-guided cars with Google. The stock is sizzling. Let's just take a deep breath. Amid all the buzz, it's important to realize what Tesla has and hasn't accomplished Dave Guilford is enterprise editor of Automotive News.... Read More »

 

FINAL ASSEMBLY

Tesla's soaring stock price buries short sellers

12:01 am U.S. ET | May 20, 2013
The recent rocket ride of Tesla stock has put the hurt on holders of "shorts" -- those gambling that the price of the stock will fall.... Read More »

 

Behind the scenes, Straubel keeps Tesla running at pivotal time

12:01 am U.S. ET | May 18, 2013
Elon Musk was fresh off the sale of PayPal and starting another business, commercial rocket service Space Exploration Technologies, when he met kindred spirit JB Straubel. Their shared belief that consumer electronics advances could be applied to more earthly modes of transport is a cornerstone of Tesla Motors.... Read More »

 

Tesla expands share, debt offering to repay U.S. loan, hike cash

10:34 am U.S. ET | May 17, 2013
Tesla Motors increased the size of its equity and debt offerings by 30 percent to as much as $1.08 billion to repay its U.S. loan and build up cash reserves.... Read More »

 

Tesla issuing stock, debt to accelerate repayment of U.S. loan

5:34 pm U.S. ET | May 15, 2013
Tesla Motors plans to issue 2.7 million new shares and debt to repay its U.S. Energy Department loan faster than a five-year plan.... Read More »

 

Musk's magic touch on Wall St.

12:01 am U.S. ET | May 13, 2013
The cult of personality surrounding Tesla Motors founder and CEO Elon Musk has wowed the investment community. Operating on the edge of the U.S. Securities and Exchange Commission's fair-disclosure rules, Musk and his steady flow of Twitter posts about Tesla have corresponded with a swift rise in the share price of his EV company. He has repeatedly halted declines with well-timed tweets.... Read More »

 

Retired Texas dealer McCall supports Tesla

12:01 am U.S. ET | May 13, 2013
Retired Texas auto dealer Sterling McCall surprised fellow dealers in April when he testified in favor of Tesla Motors Inc.'s bid to carve out an exemption to state franchise law. But after buying two Teslas himself -- and taking delivery of his Model S in a high school parking lot -- McCall became convinced that the current Texas law is unfair to the electric vehicle maker.... Read More »

 

Tesla falters in Texas; N.C. fight goes on

12:01 am U.S. ET | May 13, 2013
Elon Musk has two weeks to convince Texas legislators that he deserves an exemption to current state law that would allow him to sell his Tesla electric vehicles directly to consumers. It will be a long shot.... Read More »

 

DAVE GUILFORD

Next hurdle for hot Tesla is pushing EVs mainstream

11:47 am U.S. ET | May 10, 2013
Tesla has had one hell of a week. It reported its first quarterly profit. It's brainstorming self-guided cars with Google. The stock is sizzling.... Read More »

 

Tesla CEO talking with Google about 'autopilot' systems

May 10, 2013 06:01 CET
Tesla CEO Elon Musk said the electric-car maker is considering adding driverless technology to its vehicles and discussing the prospects for such systems with Google Inc.... Read More »

 

Tesla Model S wins high praise from Consumer Reports

6:00 am U.S. ET | May 9, 2013
The all-electric Tesla Model S sports car received the highest score in Consumer Reports' ratings -- a 99 out of 100 -- along with widespread plaudits from the magazine's automotive testing staff.... Read More »

 

Tesla shares surge 24% after 1st quarterly profit

5:21 pm U.S. ET | May 8, 2013
Tesla shares surged 24 percent today after the company posted its first quarterly profit in its 10-year history, driven by sales of the battery-powered Model S sedan.... Read More »

 

Tesla CEO talking with Google about 'autopilot' systems

9:21 am U.S. ET | May 7, 2013
Tesla CEO Elon Musk said the electric-car maker is considering adding driverless technology to its vehicles and discussing the prospects for such systems with Google Inc.... Read More »

 

Tesla hikes guaranteed residual value on Model S

4:16 pm U.S. ET | May 3, 2013
Tesla increased the guaranteed residual value of its electric Model S sedan to 50 percent after its lease-to-own period of three years. The car's guaranteed residual value had been tied to that of the Mercedes-Benz S class, which, at 43 percent after 36 months, is relatively low compared with the overall luxury segment.... Read More »

 

Tesla probed over stock trading plans, report says

12:35 pm U.S. ET | April 30, 2013
Federal prosecutors have sent subpoenas to Tesla Motors asking for documents and e-mails relating to a trading plan that allows executives to sell company stock, The Wall Street Journal said today, citing a person familiar with the probe.... Read More »

 

Automakers pitch green cars for saving money, not the planet

8:23 am U.S. ET | April 28, 2013
Nissan is joining General Motors and Tesla Motors, the largest sellers of rechargeable autos in North America, in promoting the money-saving benefits of battery-powered cars over saving the planet.... Read More »

 

Tesla Model S topped Chevy's Volt in Q1 sales

2:59 pm U.S. ET | April 26, 2013
Tesla Motors is North America's rechargeable auto sales leader so far this year as its Model S sedan passed GM's Chevrolet Volt in the first quarter.... Read More »

 

Tesla store license rejected by Virginia

4:28 pm U.S. ET | April 23, 2013
The Virginia Department of Motor Vehicles has rejected Tesla Motors' bid for a dealership license. In a ruling issued Monday, Virginia DMV Commissioner Richard Holcomb turned down Tesla's request, which dates back to March 16, 2012.... Read More »

 

LETTER TO THE EDITOR

Car dealerships are not Apple stores

12:01 am U.S. ET | April 22, 2013
Regarding "Musk opens fire on Texas dealers" (April 8) about Elon Musk and Tesla: I find his strategy bizarre. I won't bother addressing the anticompetitive aspects of it.... Read More »

 

AMY WILSON

Dislike dealer franchise laws? There's a White House sign-up sheet

12:01 am U.S. ET | April 21, 2013
Just a day after Monday's Automotive News report that Tesla Motors CEO Elon Musk will consider federal options in his fight with dealers over his factory-store sales model, a petition popped up on a White House Web site urging the Obama administration to overturn state franchise laws.... Read More »

 

Q&A

Musk: Why franchised dealers are wrong retail route for EVs

12:01 am U.S. ET | April 15, 2013
After testifying last week before Texas legislators, Tesla Motors CEO Elon Musk talked in depth with Automotive News about his reluctance to use franchised dealers. The following is an excerpt of the interview with Automotive News reporter Amy Wilson:... Read More »

 

Tesla's Musk: I'll take store fight federal

12:01 am U.S. ET | April 15, 2013
If Tesla Motors CEO Elon Musk can't win against dealers at the state level, he will make a federal case of his bid to sell electric vehicles directly to the public through factory stores.... Read More »