Elon Musk
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Elon Musk isn't a man who minces his words--few people in his position get to where they are by being shy and retiring. That means the Paypal, Tesla Motors [NSDQ:TSLA] and SpaceX executive is always good for a soundbite, and there are quite a few in this Time interview from 2010. Such a great deal has changed in the last three years, particularly at Tesla, so it's interesting seeing whether Elon's views from a few years back correlate with his companies' success today. The questions, picked by Time readers around the world, cover a variety of topics, but Tesla is at the top of the bill. Back...
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Should Apple Buy Tesla? Or Would Ford Be A Better Buyer?Electric-car maker Tesla is on a roll--its first quarter was profitable, its stock price is soaring, and Consumer Reports gave its Model S a rave review. That has led many writers to compare the company to Apple Inc. [NSDQ:AAPL]. Now one analyst has taken it further: In a Bloomberg column, Chamath...
John Voelcker -
Self-Driving Tesla Electric Cars Coming, Courtesy Of Google?Love or hate Tesla Motors (NSDQ:TSLA) and its CEO Elon Musk, it's hard to deny that he's ahead of the curve when it comes to developing new cars. So when Musk says self-driving or autonomous technology is the next logical step in the evolution of the car, you take notice. According to Bloomberg...
Antony Ingram -
Tesla Tunes Up Model S Warranty, Loaner Cars, Service PlanOn Friday, Tesla held a media call to reveal another in the series of announcements touted in tweets by CEO Elon Musk. This time, the news covered enhancements to the warranty and service experience on its Tesla Model S electric luxury sport sedan. Tesla Motors [NSDQ:TSLA] is now delivering several...
John Voelcker -
Will Tesla Try For Federal Rule Permitting Non-Dealer Stores?Several thousand Tesla owners have now purchased their cars by ordering and paying for them online after visiting a Tesla Store showroom. No franchised dealers are involved. That's a model that Tesla Motors [NSDQ:TSLA] feels is crucial to getting its electric cars into the mainstream. State and...
John Voelcker -
Tesla Model S Loaners For Tesla Model S Owners, Elon Musk SaysLoaners cars are now routinely provided by luxury carmakers when their customers have cars in for servicing. Now Tesla Motors [NSDQ:TSLA] is joining the crowd, providing Model S luxury sports sedans to its Model S (and Roadster) owners while their cars are in the shop. But according to CEO Elon...
John Voelcker -
Texas is tough, and Texas car dealers are no exception. But electric-car startup Tesla Motors [NSDQ:TSLA], in the person of its CEO Elon Musk, testified yesterday at a hearing in the Texas legislature on a bill that would allow it to sell its cars directly to Texas buyers. That's presently illegal in Texas, where legislation long backed by state dealer groups requires all new cars to be sold by an independently-owned third party. That is to say, a car dealer. No touching the new car There are now two Tesla Stores in the state, in Austin and in Houston, among the 16 stores in 12 states run by...
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Oh, Tesla: Your 'Lease' Is Smart, But That Calculator Wasn'tWell, that didn't take long. Yesterday, just before 5 pm Eastern time, Tesla Motors [NSDQ:TSLA] released details of its new "lease-like" financing product. The general consensus in the media (we read a lot of Tesla coverage here, folks) has been that it's smart for Tesla to offer financing for its...
John Voelcker -
Tesla Model S Electric-Car Deliveries For Q1: 4,750-Plus, Says CompanyWhen the news is good, you want to get it out there. Last night, Tesla Motors [NSDQ:TSLA] released a statement saying that it had delivered more than 4,750 Model S cars from January 1 through March 31 of this year. The statement came before the first quarter of 2013 had even technically ended...
John Voelcker -
Tesla Now Making, Delivering 500 Model S Electric Cars WeeklyWith a backlog of more than 10,000 depositors for the Tesla Model S, its maker is making and delivering electric luxury sedans as fast as it can. Among other benefits, that may allow Tesla Motors [NSDQ:TSLA] to achieve CEO Elon Musk's suggestion that the company could be profitable for the first...
John Voelcker -
How To Get A Tesla Model S 'Elon Musk Signature Edition'Why would Tesla Motors CEO Elon Musk take a Sharpie to the sun visor of an all-but-new Tesla Model S electric sport sedan? It wasn't a question we'd considered until a reader tipped us off to a photo on Flickr that showed just that. And we were intrigued enough to contact Tesla Motors [NSDQ:TSLA}...
John Voelcker -
Elon Musk & SolarCity Offer Honda, Acura Owners Subsidized Solar PowerDo you own a Honda, or maybe an Acura? You might be eligible for a discount on solar power at your home. If you think that sounds strange, you're right. Why would a solar company partner with an automaker to provide solar arrays for owners of certain cars? The answer appears to be: market research...
Richard Read -
Yesterday was a bumpy ride for the stockholders of electric-car maker Tesla Motors [NSDQ:TSLA]. Following the company's Wednesday release of its 2012 financial results, including an after-hours conference call, the stock plummeted yesterday. Before the earnings call, it had closed Wednesday at $38.54. Yesterday, it opened sharply lower at $36.49 and closed at $35.16, almost $5 off its recent high. At one point during the day, it had fallen to below the $35 level, which was enough to trip a so-called digital "circuit breaker" meant to slow the short sales of falling stocks. Analysts suggested...
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Tesla Motors To Be Profitable Selling Electric Cars By April, It SaysTesla Motors announced its fourth-quarter and full-year results late yesterday, and offered some good news to the company's shareholders. That would be the projection that Tesla Motors [NSDQ:TSLA] will operate at a profit in the current quarter, which ends March 31. "We expect to be slightly...
John Voelcker -
Is Tomorrow The Most Important Day Ever For Tesla Motors?It's never dull over at Tesla Motors, but tomorrow is a particularly important day. It may, in fact, be the most important day in the electric-car maker's history. That's because after the stock market closes, Tesla Motors [NSDQ:TSLA] will give the first hints about whether it could genuinely...
John Voelcker -
Tesla's Elon Musk & NY Times: Disturbing Discrepancies On Model S Range ReportingGolly. Turns out nothing ignites the Internet quite like a rapid-fire online spat between Tesla Motors CEO Elon Musk and The New York Times, the Grey Lady of establishment journalism. Like many such controversies, common ground turns out to be easier to find than you might think: It's a fact that...
John Voelcker -
Tesla CEO Musk: Boeing 787 Batteries 'Inherently Unsafe'Tesla Motors CEO Elon Musk is hardly shy and retiring. He tweets out random financial results, states as fact things that haven't quite happened yet, and regularly speaks his mind. Yesterday, he described the troubled Boeing 787 Dreamliner's battery pack design as 'inherently unsafe,' which could...
John Voelcker -
Tesla CEO Elon Musk Offers Help To Boeing On Battery ProblemsHe has his eyes on space, and is changing the world of automobiles with his Tesla electric cars--but now Elon Musk is offering a hand to Boeing, too. The Tesla Motors [NSDQ:TSLA] CEO tweeted Saturday that he was in talks with the chief engineer of Boeing's Dreamliner 787 aircraft, currently...
Antony Ingram -
Some of the biggest news of the year has been broken on social networking site, Twitter. For Tesla CEO Elon Musk, that includes regular tweets about the company. Yesterday, he tweeted that Tesla Motors [NSDQ:TSLA] was in the black. "Am happy to report that Tesla was narrowly cash flow positive last week. Continued improvement expected through year end", he announced. No doubt the news is music to the ears of Tesla fans, not to mention Musk himself--but at the same time, it's important to put things in context. While Musk expects things to improve further, this is still only one week. As such...
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Injunction To Shut Tesla Store Denied In MA, Dealers To Fight OnScore one for startup carmakers trying to do things differently. Last Friday, a judge denied a request by the Massachusetts State Automobile Dealers Association for an injunction that would have shut down the Tesla Store in Natick, which opened on September 28. If the dealers' request had been...
John Voelcker -
Elon Musk, CEO Of 'Loser' Tesla, Suggests Romney Got It WrongOne week ago today, Americans elected a president. During the hard-fought campaign that preceded the election, Republican candidate Mitt Romney called Tesla a "loser" company, along with Fisker Automotive. Tesla Motors [NSDQ:TSLA] and other companies named by Romney had received loans or grants...
John Voelcker -
Tesla Model S: More New Versions Coming, Says CEO Elon MuskTesla being what it is--a venture-funded startup battery-electric automaker in Silicon Valley--every utterance from its CEO Elon Musk becomes newsworthy. So a generalized hint at future development of its main product, the 2012 Tesla Model S electric sport sedan, becomes fodder for news stories. In...
John Voelcker -
Update On 2012 Tesla Model S Production: 1,000 BodiesTesla Motors is often frustratingly opaque about the company's progress in getting its 2012 Tesla Model S electric sport sedan up to mass production. Hard numbers come only from quarterly reports filed with the SEC--and sporadic tweets from Elon Musk, its CEO. According to one of those tweets...
John Voelcker -
Auto Dealers' Fight Against Tesla Stores: Elon Musk Weighs InTesla Motors is facing a formidable opponent it may not have sufficiently appreciated: the auto dealers of America, and their state associations. Tesla, you may remember, is selling its electric cars online, not through franchised, independently owned dealers, and delivering them directly to buyers...
John Voelcker