Tesla Roadster
-
I just sat down with Alan Salzman, CEO of VantagePoint Venture Partners — perhaps better known today as the first venture capital firm to invest in Tesla Motors — to see how he’s feeling about the big win, and what it might mean for VPVP’s growing green strategy. As you can imagine, he was pretty pleased yesterday, watching Tesla’s stock close 40.5 percent above its initial pricing of $17. His firm offered 238,748 of its 7.13 million shares in the sale, raking in a little over $4 million. But Salzman dodged congratulations on the lucrative exit. “Getting congratulated on something...
-
IPO Or Not, Tesla Won't Survive As Independent, Analysts SayQuick, name the last automaker to go public before yesterday's Tesla Motors IPO. Stumped? It was Ford Motor Company. The year was 1956. Perhaps buyers of Tesla Motors stock [NSDQ:TSLA] were optimistic because they had little context to assess the comapny. Tesla's stock soared from its offering...
John Voelcker -
Tesla IPOs, Moves To Build New Roadster In-House and Stop Losses
A Busy Week For One Of the Greenest Sports Car Makers
Jonathan McGrew -
Tesla Building Next-Gen Roadster Completely In-House
Today was a big day for Tesla, with the company’s shares finally trading on Nasdaq and investors pouring in more than $226 million into its coffers. As with any major Wall Street listing, Tesla needed to submit an IPO filing to the SEC detailing its structure, future plans and just exactly where...
Viknesh Vijayenthiran -
Elon Musk Draws Similarities Between Tesla, Google and Apple, But Are They Really Alike?
Unless you've been asleep for the past two months the chances are that you already know that Tesla Motors is about to launch it's IPO. You're probably also aware that predicted investment from the IPO is now at $178 million, up $78 million from original estimates. But just how is Elon Musk...
Nikki Gordon-Bloomfield -
Friday Favorite: Best 2009 Tesla Roadster Video Review Ever!
We've driven a 2009 Tesla Roadster, contributed to the complete review, and written about the torturous tradeoff between using the stupendous acceleration and maintaining enough battery range to get you home again. While the Roadster will go down in history for making electric vehicles sexy, Tesla...
John Voelcker -
Last week, VentureBeat reported that Tesla Motors CEO Elon Musk was personally running low on cash, a fact he disclosed in court papers as part of his divorce proceedings. We asked if the company, which is seeking to go public, should have included those facts in its filings with the Securities & Exchange Commission. Now, the company has responded, by way of a revised S-1 form filed today. In an article crediting VentureBeat’s reporting with prompting the newly amended filing, the Wall Street Journal points to language added to address Musk’s finances: While Mr. Musk has historically...
-
Tesla’s Elon Musk: 'I Ran Out of Cash'
Tesla Motors CEO Elon Musk seems to have it all. The electric-car entrepreneur is the toast of Silicon Valley, Sacramento, and Tokyo after unveiling a plan to revive Toyota’s shuttered NUMMI plant last week. And deal-hungry Wall Street bankers are angling to take his company public. He’s even a...
John Voelcker -
Musk divorce case could hang over Tesla for up to a year
This story, written by Camille Ricketts, was originally posted on VentureBeat's GreenBeat, an editorial partner of AllCarsElectric. Tesla Motors CEO Elon Musk may have won an initial ruling in the divorce dispute with his now-separated wife, novelist Justine Musk, but the case is far from over...
John Voelcker -
A Visit To Tesla’s Colorado Dealership: All-Electric a Mile High
Tesla’s Become a Normal Sight Among the Boulder Scene
Jonathan McGrew -
Californians: Buy a 2010 Tesla Roadster, Get $12,500 Off!
The nice thing about buying advanced-technology cars is that many of them, at one point or another, come with financial incentives meant to encourage fuel efficiency. Even if the car in question is a 2010 Tesla Roadster, the $109,000 two-seat all-electric convertible that blasts from 0 to 60 mph in...
John Voelcker -
Don't Have A Spare $109K? Now You Can Lease a Tesla Roadster
When the auto market fell apart last year, the era of cheap car leases came to an abrupt end. And only recently have manufacturers tiptoed cautiously back into offering lease payments for some models, rather than selling them outright. The latest maker to join the lease parade is Tesla Motors...
John Voelcker -
UPDATE (February 18): The three Tesla Motors employees killed yesterday in the crash of a small airplane at the Palo Alto Airport have now been identified, according to local news reports. They were: Doug Bourn, a senior electric engineer and the presumed pilot of the plane; Andrew Ingram, an electrical engineer; and Brian M. Finn, a senior manager of interactive electronics. The company has not yet confirmed the three men's identities, and at noon, the San Mateo County Corner's office plans to hold a press conference to release the information officially. [San Jose Mercury via Wired]...
-
More Tesla Turmoil? Executive Turnover Continues
Executive turnover continues at Silicon Valley electric-car startup Tesla Motors, with three executives leaving in nine months and two more hired. The turnover comes both in Vehicle Engineering--the group that must executive and deliver the 2012 Tesla Model S electric luxury sports sedan--and in...
John Voelcker
