Tesla

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Third Tesla Fire: Will Feds Investigate?

One safety advocate says NHTSA must take a look

(Newser) - This would qualify as a bad day for Elon Musk and his Tesla Motors. The electric-car company got a spate of bad publicity after reports emerged of a third car fire in six weeks, reports Reuters . The company's stock slid nearly 8% on the news, which wasn't helped...

Model S Burns, Tesla Stock Dives

Electric car went up in flames after collision

(Newser) - Electric car company Tesla was jolted by a 6% dive in its share price yesterday after a video surfaced showing its all-electric Model S on fire near Seattle following a collision. The driver told authorities that the vehicle caught fire after he struck some metal debris on the highway, the...

GM Working on Its Own Answer to Tesla
GM Working on Its Own Answer to Tesla
Sep 17, 2013 10:54 AM CDT

GM Working on Its Own Answer to Tesla

Technology is there, but expensive batteries are an issue

(Newser) - General Motors is working on an electric car with a range of 200 miles, a feat so far matched only by the Tesla Model S, officials tell the Wall Street Journal . And unlike its critically acclaimed competition, the GM model would come with a more affordable $30,000 price tag,...

Tesla, SpaceX Founder Unveils 800mph 'Hyperloop'

Elon Musk finally explains the next big thing in transportation

(Newser) - Elon Musk, the founder of Tesla Motors and commercial space company SpaceX, has finally unveiled the "Hyperloop," his much-hyped new transportation system idea . And it's pretty far out there. It's a bit like a human shotgun, explains Businessweek : people would sit inside aluminum pods, which would...

Transportation's Next Big Leap: Hyperloop?

Elon Musk calls it a cross between a Concorde and railgun

(Newser) - Elon Musk is up to something that he thinks could revolutionize transportation. At this week's D11 conference , the Tesla Motors and SpaceX founder was asked about something called "hyperloop," but said he couldn't talk much about it because "if I do, that will be the...

Tesla Pays Off US Loan 9 Years Early

CEO to taxpayers: 'I hope we did you proud'

(Newser) - Tesla has come a long way since Mitt Romney labeled it a "loser" in the presidential debates. The company has paid off its $465 million 2010 loan from the Department of Energy—plus interest—nine years before it was due, Businessweek reports. With yesterday's payment for $451.8...

Consumer Reports Gives Tesla Model S Highest Score Ever

Pricey plug-in vehicle gets 99 out of 100

(Newser) - The hype around Tesla's Model S got a big shot in the arm today courtesy of Consumer Reports , which is giving the car a whopping 99 out of 100, tied for the highest score the famously demanding magazine has ever given. In fact, CR director Jake Fisher tells Jalopnik...

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 
May 28, 2010 11:59 AM CDT

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 
Mar 27, 2009 8:45 AM CDT

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
Jan 25, 2008 2:00 PM CST

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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