Model STesla 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 »
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 »
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 »
Tesla begins Europe push with high-end Model S 3:04 am U.S. ET | Dec. 20, 2012 Tesla Motors said only higher end versions of its battery-powered Model S sedan will initially be sold in Europe as it races to turn a profit.... Read More »
Tesla hikes Model S price by $2,500 1:11 pm U.S. ET | Nov. 29, 2012 Tesla Motors is hiking the base price of the all-electric Model S by $2,500 to $59,900, or $52,400 after a federal tax credit. The new price reflects an increase of 4.4 percent over the $57,400 base price ($49,900 after the $7,500 tax credit) when the sport sedan debuted in March 2009.... 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 »
Tesla cuts revenue forecast due to slow Model S rollout 10:44 am U.S. ET | Sept. 25, 2012 Electric car maker Tesla Motors today cut its forecast for 2012 revenue because of a slower-than-expected rollout of its Model S sedan, sending its shares down almost 10 percent.... Read More »
AutoNation CEO calls Tesla Model S 'first-rate car' 8:04 am U.S. ET | Aug. 21, 2012 Tesla Motors' Model S luxury sedan is a "first-rate car" that will attract limited demand because of its price, the CEO of the nation's largest auto retailer said.... Read More »
FINAL ASSEMBLY Tesla S gets an A from some hard-nosed critics 12:01 am U.S. ET | July 16, 2012 Tesla Motors CEO Elon Musk put a big target on his back last year when he said his goal for the Model S was "to be the best car in the world and to show that an electric car can be the best car in the world." What would hard-boiled car journalists say when they got their first spin in the battery electric sedan?... Read More »
On first glance, Tesla S is a winner 12:01 am U.S. ET | July 2, 2012 Tesla offered reporters only a 10-minute test drive of its Model S sedan at the press debut -- a five-mile loop of nearby city streets and a quick freeway hop. But the first impression is of an electric vehicle that is ready for prime time.... Read More »
MARK RECHTIN Tesla's test drive: Manipulation or circumstance? 12:01 am U.S. ET | July 2, 2012 What does it mean when a car company carefully orchestrates the media launch of a new vehicle and limits media test drives of that vehicle to 10 minutes on a controlled circuit? Mark Rechtin is West Coast editor for Automotive News.... Read More »
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Toyota's Lentz: 'It's really a three-horse race'Toyota's Jim Lentz believes the Camry will extend is 11-year reign as the best-selling car in the United... Mon., May 20» Watch the Video |
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