tesla

Tesla accelerates Gigafactory plans after $1.6bn fundraiser

Tesla accelerates Gigafactory plans after $1.6bn fundraiser

Tesla has announced a surprise $1.6bn convertible notes offering, and plans to use the money to accelerate its Gigafactory project to mass-produce Li-Ion batteries at more affordable rates. The news - which will see Tesla offer $800 million aggregate principal amount of convertible senior notes due 2019 and $800 million aggregate principal amount of convertible senior notes due 2021 - will allow the company to move ahead on the Tesla Gigafactory project "faster than previously thought possible."

Continue Reading

Tesla financial Q4 results in record Model S sales

Tesla financial Q4 results in record Model S sales

This afternoon Tesla shared the results of their financial fourth quarter for 2013, making clear their successes in selling their electric Model S vehicle worldwide. Tesla made clear that this quarter they’ve sold 6,892 Model S automobiles, a record for the quarter for the company. They’ve also shown that with 22,477 vehicles sold, they’re rolling quite comfortably into 2014.

Continue Reading

Tesla Model S may get larger battery pack tips Musk

Tesla Model S may get larger battery pack tips Musk

The Tesla Model S is one of the most popular electric vehicles on the market, despite its high price tag. The Model S also has one of the longest electric driving ranges of all EVs thanks to a large battery pack and an efficient drive system. Tesla CEO Elon musk recently tipped that a larger battery pack may find its way to the car.

Continue Reading

Apple eyes entry to automotive and medical device markets

Apple eyes entry to automotive and medical device markets

Sales of smartphones and tablets around the world are starting to slow. They are still vastly outselling computers, but growth won't be as strong in the smartphone and tablet market as it is now forever. Apple is getting ready for the time when the smartphone and tablet market can't deliver the kind of growth it enjoys now by looking to branch out into new areas.

Continue Reading

Apple iWatch may predict heart attacks insiders claim

Apple iWatch may predict heart attacks insiders claim

Apple's "iWatch" wearable could predict heart attacks by tracking blood-flow from the noise it makes in arteries, new sources claim, along with further chatter of talks between Apple and Tesla, suggesting the Cupertino firm could be looking to significantly expand its footprint. The health wearable would use pioneering audio technology to track blood turbulence, it's said, differentiating between healthy flow and the sound of blood struggling to get past the plaque build-up that can lead to coronary failure.

Continue Reading

Prev 1 2 3 4 5 6 7 8 9 Next