Tesla

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Tesla Discussing 'Autopilot' for Cars With Google

Elon Musk aims for affordable version for his electric cars

(Newser) - Electric carmaker Tesla is talking with Google about developing an "autopilot" system for its cars, reports Bloomberg . Google, of course, has been testing "self-driving" cars for a few years, though Tesla chief Elon Musk dislikes the term. "Self-driving sounds like it’s going to do something you...

Mercedes, Toyota Use Laptop Batteries in Electric Cars

Automakers adopting once-derided Tesla technology

(Newser) - When Tesla Motors first tried powering cars with a bundle of laptop batteries, the industry laughed. But now, other automakers are lining up to use the technology. Mercedes plans to produce a new version of its A-Class this fall with two Tesla batteries, each containing about 2,000 individual batteries...

Orders Roll in for Tesla Model S

Fans plunk down big money for place on wait list

(Newser) - Electric car enthusiasts are clamoring to reserve a Tesla Model S, even though the much-hyped electric sedan isn't scheduled to roll out of the factory until 2012. More than 2,200 people have plunked down deposits on the car, SiliconValley.com reports, and that’s no small commitment. It costs...

Tesla IPO Roars Out of the Gate

Private sector gives electric cars a vote of confidence

(Newser) - The Dow may have plunged yesterday, but over on the Nasdaq, things were great for new kid Tesla Motors. In its first day of trading, Tesla's price shot up almost 41% from its $17 offer price, closing at $23.89, after at one point hitting $25, MarketWatch reports. The company's...

Tesla's CEO Is Broke
 Tesla's CEO Is Broke 

Tesla's CEO Is Broke

And the company hasn't disclosed that to investors

(Newser) - Elon Musk is a legend in Silicon Valley: His much-buzzed about electric car company, Tesla Motors, is on the verge of a major IPO, and he even had a cameo in Iron Man 2. There's just one problem. “About four months ago, I ran out of cash,” he...

Toyota Teams Up With Tesla on Electric Car

$50M buy-in on 'affordable' Tesla model due in 2012

(Newser) - Toyota is teaming up with Tesla Motors to develop and build electric cars at a recently shuttered auto plant in the San Francisco Bay area. Toyota CEO Akio Toyoda said yesterday the world's largest automaker will invest $50 million in Tesla when the company goes public, and Tesla CEO Elon...

Meet Tesla's Fully Electric Car
 Meet Tesla's Fully Electric Car 

Meet Tesla's Fully Electric Car

(Newser) - The electric car is real—at least in prototype form. Tesla Motors yesterday unveiled a working prototype of its much-anticipated Model S, a fully-electric 5-door sedan, the LA Times reports. It’s actually Tesla’s second electric vehicle, but unlike the Roadster, which is produced in London and carries a...

US Choice: Put Money in Startups or Big Three

Tesla needs aid for new electric sedan

(Newser) - Small upstart Tesla wants to build on the success of its bold electric sports car—the pricey Roadster—by building a tamer sedan for the masses. But to do so, it needs a big infusion of cash from the Obama administration, which is looking to boost clean energy. The situation,...

Electric-Car Makers Want Fed Jolt, Too

Troubled firms call for government aid, bigger tax credits for drivers

(Newser) - The electric-car industry is facing the same problems as Detroit’s needy giants—plus a few of its own, the Wall Street Journal reports. Like Big Three leaders, electric-car reps have been to Washington seeking government help; struggling industry leader Tesla Motors wants $400 million from the $25 billion energy...

Electric Car Maker Sues Rival for Stealing Trade Secrets

Designer Fisker employed by Tesla, then started own company

(Newser) - The maker of an electric sports car is suing a rival company, alleging stolen trade secrets, the New York Times reports. Tesla Motors hired Henrik Fisker to design a new sedan; after a subpar effort, Tesla says, he founded his own company and built a better vehicle with Tesla tricks....

Roadblocks Zap Electric Carmakers' Momentum

Infighting and broken promises mar ambitious companies

(Newser) - The more than two dozen startups racing to produce viable electric cars face a bumpy road, the Los Angeles Times reports, as they navigate infighting, skyrocketing costs, and lack of mass-production know-how. Meanwhile, a successful car would face serious competition from several major automakers working on innovations of their own....

Electric Roadster Ready to Roll
Electric Roadster Ready to Roll

Electric Roadster Ready to Roll

Tesla's battery-powered vehicle meets federal safety standards

(Newser) - The long-awaited, all-electric Tesla Roadster has passed federal safety tests with flying colors and will finally go into production March 17—albeit with temporary transmissions on the first models, reports DailyTech. The interim transmissions mean the $100,000 Roadster will do zero to 60 in 5.7 seconds, instead of...

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