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‘tesla’ Stories

Tesla’s dealership woes continue as Virginia refuses license

, Apr 24th 2013 Discuss [0]

Tesla's dealership struggles continue, with electric car company founder Elon Musk confirming that the Virginia DMV has denied the marque a dealer license in the state. "Not all good news" Musk took to Twitter to complain, "Virginia DMV Commissioner just denied Tesla a dealer license, despite Hearing Officer being in favor." Tesla's application for the license had been opposed by the Virginia Automobile Dealers Association. Read The Full Story

Tesla CEO Elon Musk urging lawmakers to allow direct auto sales in Texas

, Apr 10th 2013 Discuss [0]

Tesla Motors currently has over 50 locations around the world, and it seems that the company wants to focus on sales in the US. However, the only state that isn't allowing Tesla to build their own dealerships in Texas. In the Lonestar State, the law says that auto makers must go through a third party in order to sell its vehicles, but Tesla CEO Elon Musk doesn't want it that way. Read The Full Story

SlashGear Weekend Wrap-Up: April 6th, 2013

, Apr 6th 2013 Discuss [0]

This week is finally almost over, and there were tons of news stories published everyday. At the beginning of the week, we learned that there was an iMessage DDoS attack going around that would lag your device and inhibit its capabilities. More bad news for Apple followed when the USPTO denied its iPad Mini trademark. April Fools was a blast this year with many companies perfectly executing their well thought-out pranks. Read The Full Story

Sergey Brin’s Pink-Wrapped Batmobile Tesla rolls through Google HQ

, Apr 5th 2013 Discuss [0]

This week if you're in Google's neighborhood in Calofornia, you might be seeing one eye-murdering iteration of an electric vehicle swinging your way, complete with a Batman symbol on its hood and massive plastic eyelashes above its headlights. This is the vinyl-wrapped Tesla Model S late April Fool's Joke the Google executives other than Sergey Brin have played on the man - and yes, he is Batman. And yes, it's not permanent. Read The Full Story

Tesla reveals revolutionary financing product

, Apr 2nd 2013 Discuss [0]

Tesla Motors has just revealed a new, amazing finance product that takes the best aspects of owning a car alongside the best aspects of leasing a car. With its new payment, those looking to purchase a Model S will be able to get one with virtually no down payment, as well as low monthly payments. After 36 months, they will officially own the car, which they resell back to Tesla for cash value, or obtain trade-in credit for it to be used towards their next Tesla Vehicle. Read The Full Story

Tesla cuts cheapest Model S as buyers opt for range instead

, Apr 1st 2013 Discuss [0]

Tesla has scrapped plans for a small battery version of its Model S all-electric car, claiming tiny driver interest makes the 40 kWh variant uneconomical for production. Only 4-percent of Model S buyers opted for the cheaper Model S, which started at $52,400, Tesla said in a statement today, along with the revelation that stronger than expected deliveries means the firm will make a full profit in Q1 2013. Those who went for the cheapest Model S rung will still get a car, though, borrowing the 60 kWh power pack from the $62,400 version, albeit with a software cap on range. Read The Full Story

Tesla Motors to make big announcement on Thursday

, Mar 25th 2013 Discuss [0]

We've been hearing a lot about Tesla Motors lately. The company was recently in the news for the fiasco with the New York Times over their Model S review. All of that dust has seemed to settle, though, and now the company has a big announcement planned for this Thursday. There are any number of guesses as to what they could announce, but what could it possibly be? Read The Full Story

Tesla Model X delayed to late 2014

, Mar 11th 2013 Discuss [0]

While Tesla's Model S sports sedan is garnering all the attention at the moment, anticipation for the company's SUV model is also building. However, it looks like it won't be arriving on time as expected, since Tesla announced that the Model X will be delayed into 2014 and won't be arriving until later that year. Read The Full Story

Tesla will repay loan 5 years earlier than expected

, Mar 9th 2013 Discuss [0]

Tesla had made statements before about repaying its loan to the Department of Energy ahead of schedule, and that it plans on forgoing help from the government in the future in order to thrive as a stand-alone company. Tesla has now stated that it has changed its loan's terms of agreement, and it expects to pay off the entire loan by 2017. That 5 years ahead of the anticipated December 2022 repayment target. Read The Full Story

Elon Musk shows off “any song, any time” Easter Egg in Tesla’s Model S

, Mar 1st 2013 Discuss [0]

I can't honestly say that I recall the Tesla Model S being an Internet connected vehicle. The Model S is apparently connected to the Internet while in operation. At least that's the idea given by company CEO Elon Musk as he shows off a feature of the Model S to Bloomberg that I've never seen. Musk promises the vehicle will play any song you ask for at any time. Read The Full Story

Tesla to repay Department of Energy loan ahead of schedule, says CEO

, Feb 27th 2013 Discuss [0]

Elon Musk, Tesla's CEO, stated at the Advanced Research Projects Agency for Energy's summit today that the company will repay the loans it received from the Department of Energy ahead of time, giving a time frame of half the time it was given for doing so. This puts the payoff completion date sometime around 2015, with the company being on the hook for $465 million. Read The Full Story

Tesla loses hundreds of orders due to the NYT article

, Feb 25th 2013 Discuss [0]

Elon Musk, CEO of Tesla Motors Inc., stated that because of the controversy surrounding the New York Time's article written for Tesla's Model S, the company has lost hundreds of orders for the car. There were hundreds of cancellations pouring in, and it ended up cutting down Tesla's stock market value by up to $100 million. Since the N.Y. Times article was published, Tesla saw shares fall 12%, from $39.24 to $34.38. Also because of the article, Tesla's market capitalization fell around $553 million. Read The Full Story
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