Elon MuskTesla CEO opens fire on Texas dealers 12:01 am U.S. ET | April 8, 2013  Tesla Motors CEO Elon Musk is firing all barrels against dealers in Texas in a franchise-law battle over whether the electric-car maker can sell its cars directly to the public.... Read More »
NEWS ANALYSIS How affordable is Tesla's Model S? 12:01 am U.S. ET | April 8, 2013 Tesla Motors did its best last week to cast its Model S electric sedan, which starts at $71,070, including shipping and fees, as affordable. But some of its logic is, well, elusive.... Read More »
Tesla's Musk calls e-mail sent by sales staff 'overzealous' 6:57 am U.S. ET | April 5, 2013  Elon Musk, the billionaire who leads Tesla Motors, called an e-mail sent by his sales staff last month “overzealous” and said the wording wasn't approved by the electric-car maker.... Read More »
Q&A: Musk talks about Tesla's financing plan, company's future 9:18 am U.S. ET | April 3, 2013  On Tuesday, Tesla Motors announced a guaranteed-residual-value financing plan starting at $1,051 a month for the base 60 kWh Model S electric sedan. While paying off the 63-month loan, consumers can trade in the car after 36 months for a guaranteed price. After the announcement, Tesla founder and CEO Elon Musk spoke with Automotive News West Coast Editor Mark Rechtin about the plan, as well as other Tesla topics.... Read More »
Tesla offering special financing plan for Model S sedan 5:18 pm U.S. ET | April 2, 2013  Tesla Motors has joined forces with USBank and Wells Fargo Bank to create vehicle financing and leasing products that allow consumers to lease a Model S electric sedan for a net payment of about $500 a month after a 10 percent down payment and calculated savings. CEO Elon Musk said he would personally guarantee the value of the cars.... Read More »
Tesla says it turned profitable as Model S sales beat forecast 7:27 am U.S. ET | April 1, 2013 Tesla Motors, the electric carmaker headed by billionaire Elon Musk, said it turned profitable in the first quarter, citing higher-than-expected sales of its Model S sedan.... Read More »
Norway shows the way with EVs, but at what cost?March 16, 2013 06:01 CET  Norway's market for pure electric cars has in its very success shown the severe drawbacks to a model that relies on public subsidies worth as much as $8,200 per car, every year. Carmakers such as Nissan, Mitsubishi, PSA and Tesla Motors see Norway and its 10,000 battery-powered vehicles as a reason for optimism in otherwise gloomy terrain.... Read More »
Musk extends Times feud, calls Model S review 'ethics violation' 12:01 am U.S. ET | March 10, 2013  Tesla CEO Elon Musk took another swipe at The New York Times on Saturday, calling the newspaper's critical review of his Tesla Model S electric car a "low-grade ethics violation."... Read More »
Tesla's Musk thanks Minn. legislators for stalling franchise law rewrite 4:09 pm U.S. ET | March 8, 2013  Tesla Motors CEO Elon Musk is thanking Minnesota lawmakers who blocked legislation that would prevent the electric vehicle maker from opening stores in that state. But the legislative tussle is far from over.... Read More »
Tesla libel suit over BBC's 'Top Gear' dismissed by U.K. appeals court 10:48 am U.S. ET | March 5, 2013  An appeals court in the United Kingdom dismissed a libel lawsuit from Tesla Motors, a maker of electric vehicles led by billionaire Elon Musk, against the BBC show "Top Gear."... Read More »
MARK RECHTIN Is Tesla's fight with The New York Times over? 12:01 am U.S. ET | Feb. 27, 2013  Tesla Motors' CEO Elon Musk has been at war with The New York Times regarding a recent negative review that he claimed was rigged to make the Model S sedan fail.... Read More »
Tesla will accelerate repayment of U.S. loan, Musk says 4:24 pm U.S. ET | Feb. 26, 2013  Tesla Motors plans to repay its $465 million loan from the U.S. Department of Energy twice as quickly as planned, CEO Elon Musk said today.... Read More »
FINAL ASSEMBLY The Times vs. Tesla: A no-decision bout 12:01 am U.S. ET | Feb. 25, 2013  So was Tesla wronged by that New York Times review of the Model S that detailed how the electric car ran out of juice in the middle of a test drive?... Read More »
Tesla loss widens but EV maker expects to become profitable in Q1 5:18 pm U.S. ET | Feb. 20, 2013  Tesla Motors expects to become profitable in the first quarter as it works to reduce manufacturing costs and benefits from a backlog of Model S orders. Tesla's fourth-quarter revenue jumped to $306.3 million compared to $39.4 million in the same quarter last year as the company increased Model S deliveries to 2,400 vehicles in the fourth quarter compared to 250 units shipped over the three prior quarters.... Read More »
Tesla test drive report had problems, Times editor writes 12:13 pm U.S. ET | Feb. 19, 2013  The New York Times auto critic who had a Tesla Model S stall during a test drive took imprecise notes that left him open to valid criticism, the paper’s public editor wrote. Tesla CEO Elon Musk -- who said reporter John Broder “changed the facts” when they didn’t suit his opinion of EVs -- then responded on Twitter afterwards to say his faith in the Times was “restored.”... Read More »
MARK RECHTIN His Tesla gored, a miffed Musk trashes the Times 12:01 am U.S. ET | Feb. 18, 2013  It's a scientific fact: Electric vehicles fare poorly in cold climates. So when The New York Times took a Tesla Model S for a spin from Washington to Boston in freezing temperatures -- ending with the vehicle out of juice on a flatbed -- it was almost to be expected. The surprise was Tesla's response Mark Rechtin is West Coast editor for Automotive News.... Read More »
Tesla steps up defense of Model S after New York Times review 9:46 am U.S. ET | Feb. 14, 2013  Tesla Motors released data gathered during a New York Times test drive of the Model S, stepping up its defense of the vehicle to counter a critical review.... Read More »
Tesla's Musk extends a hand to get Boeing Dreamliner flying again 9:50 pm U.S. ET | Jan. 28, 2013  Elon Musk has long considered Tesla Motors the bold, nimble answer to the auto industry's cautious culture. Now the electric-car maker's top executive has extended his help to another industrial giant: Boeing.... Read More »
2013 DETROIT AUTO SHOW Tesla nimbly updates Model S over the air 3:02 pm U.S. ET | Jan. 16, 2013  As a start-up company building a new vehicle in a new plant with many employees new to car assembly, Tesla Motors faces its share of challenges. But Tesla's small size has meant that running changes and product updates have occurred quickly, said Jerome Guillen, the company's director of Model S programs.... Read More »
2012 LISTS OF 10 Quotables from notables 12:01 am U.S. ET | Dec. 31, 2012 Some of the memorable comments from the past year.... Read More »
Tesla was cash flow positive last week, CEO Musk says 1:18 pm U.S. ET | Dec. 4, 2012  Tesla Motors, the maker of electric vehicles led by billionaire Elon Musk, was cash flow positive last week, the CEO said Monday in a posting on Twitter.... Read More »
Obama win should fuel electric car production, says Tesla CEO 7:37 am U.S. ET | Nov. 13, 2012  The re-election of President Barack Obama will likely mean a continuation of the federal government's policy promoting electric and hybrid vehicles, Tesla CEO Elon Musk said Monday.... Read More »
NADA seeks Tesla meeting to discuss retail store plans 8:04 am U.S. ET | Oct. 24, 2012 The National Automobile Dealers Association is seeking to meet with electric-car maker Tesla Motors Inc. about its retail network plans. Tesla, the maker of the Model S, is defending its retailing strategy against lawsuits by state auto dealer groups.... Read More »
Tesla co-founder Elon Musk defends retail strategy 4:12 pm U.S. ET | Oct. 22, 2012  Tesla Motors co-founder Elon Musk is defending the electric vehicle maker's retail strategy from charges that it runs afoul of state laws. Dealers in Massachusetts and New York sued Tesla last week to shut down company-owned stores they claim violate state franchise laws and consumer protection laws.... Read More »
Tesla CEO says company is fine, repaying U.S. government loans 10:33 am U.S. ET | Oct. 4, 2012  Tesla CEO Elon Musk dismissed fears the electric carmaker was in financial trouble and said it was making an advance payment on the federal loan used to make its Model S sedan.... Read More »
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 Dealer O.C. Welch's big-truck turnaroundAfter Mercury's demise, South Carolina Ford-Lincoln dealer O.C. Welch had to find a way to replace lost revenue. He decided to load up on Super Duty pickups – and sell them online. Mon., June 17» Watch the Video |
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