Tesla

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Tesla CEO: Our New Home Battery Does Not 'Suck'

Elon Musk intros Powerwall battery to soak up sun in the day, power homes at night

(Newser) - The guy who's diligently working on a plan to transport humans to Mars has also been toiling on a project that makes use of the sun. That project, a rechargeable lithium-ion battery made by Tesla called Powerwall , is designed to be installed in homes and store solar energy to...

Tesla Riders Go Nuts Over 'Insane Mode'

Video compilation reveals passenger reactions, lots of cursing

(Newser) - The car everyone is buzzing about is now the car passengers are cursing about in a hilarious new video from DragTimes . Tesla driver Brooks managed to convince friends and family to get into the Model S P85D to test out the car's "insane" mode: a 0 to 60...

Tesla's New 'Autopilot' Car Wins Rave Reviews

Elon Musk reveals dual-engine Model S that can self-park

(Newser) - Tesla's newly unveiled version of its electric car is earning headlines that include phrases such as "the future of driving" ( Business Insider ). Much of the buzz centers on the vehicle's automated driving system—it falls short of being considered a self-driving car, explains CEO Elon...

Nevada Doesn't Realize It Got Robbed by Elon Musk

Tax breaks for Tesla are outrageous, writes the Wall Street Journal

(Newser) - Politicians in Nevada are patting themselves on the back for securing a deal with Elon Musk to be the home of Tesla's future " gigagfactory " to build electric-car batteries. Instead, they ought to be apologizing to state taxpayers for giving away the store to Musk, write the editors...

Car Maker Tesla Open Its Patents to All

Elon Musk goes open source, says it will help electric-car industry overall

(Newser) - Electric car maker Tesla Motors is handing over the keys to its technology in an unusual effort to encourage other automakers to expand beyond gasoline-burning vehicles. Tesla CEO Elon Musk promised today to give away the company's entire patent portfolio to all comers, as long as they promised not...

Is Apple Trying to Buy Tesla?
 Is Apple Trying 
 to Buy Tesla? 
Feb 17, 2014 12:55 PM CST

Is Apple Trying to Buy Tesla?

'Chronicle' thinks Apple wants to buy, but others aren't so sure

(Newser) - Apple might just be shopping for a certain electric car company, suggests the San Francisco Chronicle . It reports that Tesla's Elon Musk held a secret meeting last year with the Apple executive in charge of mergers and acquisitions and "probably" CEO Tim Cook. Industry analysts have been floating...

Feds Digging Into Tesla Car Fires

Elon Musk: There's 'no safer car on the road'

(Newser) - Tesla is facing more scrutiny following three car fires in six weeks. First, investors launched a lawsuit; now, the government is getting involved, USA Today reports. The National Highway Traffic Safety Administration is now investigating two of the fires, both of which occurred after Model S undercarriages hit debris on...

After Third Car Fire, Investors Sue Tesla

Class-action suit says company misled on safety issues

(Newser) - Headlines about cars starting on fire tend to do bad things to said car company's stock prices, and investors in Tesla have gotten angry enough to sue. A class-action suit announced yesterday accuses the company of misleading investors on safety issues, reports the San Francisco Chronicle . The suit follows...

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...

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