Tesla News
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Tesla has announced its third quarter results. They show that revenues are down 31 percent from a year ago and that the car maker is losing nearly eight times as much money compared to the previous year. This quarter, Tesla lost $34.9 million, up 7.6 times from the $4.6 million from a year earlier. At $250 million, the company has three times as much funding as it did last year. It also lost $150 million in investing activities. In a statement, the company pointed out that revenues were up compared to last quarter — a 10 percent increase from $28.4 million. Right now, Tesla has $96.6...
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Tesla's Nemesis - Electric Lotus-Based Sports Car From U.K.Tesla knew what they were doing when they selected the chassis from the British Lotus Elise sports car as the basis for their Roadster. The bonded aluminum chassis is spectacularly light by modern standards and also incredibly strong and rigid despite being a roofless design. It also has a large...
Antony Ingram -
Panasonic To Join Parade of Tesla Investors With Toyota, DaimlerAs these things often happen, it was rumored in the Japanese press and then confirmed hours later. Panasonic, the huge Japanese consumer electronics conglomerate, is investing in Tesla Motors, building on a previous agreement to work together on large-format lithium-ion cells for electric car...
John Voelcker -
Tesla Gets Jolt Of Power As Panasonic Buys $30 Million StakeWe have to hand it to Tesla Motors. Over the past year the Californian-based automaker responsible for the fast, sexy 2011 Tesla Roadster 2.5 and 2011 Tesla Roadster Sport 2.5 has experienced a pretty good year. Not only has the Palo Alto firm survived its initial public offering, generating over...
Nikki Gordon-Bloomfield -
Five Electric Cars We Can't Wait To DriveIn recent months we've been lucky enough to get our hands on several different and important electric cars, be they range-extended EVs such as the 2011 Chevrolet Volt, electric family cars like the 2011 Nissan Leaf or even the 2011 Smart ForTwo Electric Drive, a compact electric microcar most at...
Antony Ingram -
Tesla Gears Up $42 Million Fremont Factory For Model STesla has officially completed its $42 million acquisition of the former NUMMI factory, a joint venture between Toyota and General Motors that was shut down in April due to the recession. The New United Motor Manufacturing Inc. facilities in Fremont, Calif. spans 5.5 million square feet and will...
VentureBeat's GreenBeat -
Working at Tesla Motors must be a lot of fun for many reasons. There's the chance of driving a lightning-fast 2011 Tesla Roadster Sport 2.5, for one. Then there's the chance that you'll be privy to hearing your CEO say something untrue. Or just wacky. Our latest example: On the sidelines of Tesla's ceremonial opening of its Fremont, California, assembly plant, Elon Musk tells GreenTechMedia why he considers plug-in hybrids to be essentially like amphibians. We don't happen to agree with his preimse; we think battery electric vehicles (which is all that Tesla makes) are likely to coexist with...
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Chrysler To Tap Federal Money--This Time, for Green CarsChrysler may join Nissan, Ford, Fisker and Tesla in winning a share of federal loans to convert old factories to greener-car production. Automotive News reports that Chrysler has applied to the Department of Energy for approximately $10 billion in low-interest loans, to be used for retooling...
Martin Padgett -
Racer Or Commuter? Just What IS The 2011 Tesla Roadster Sport 2.5?If you regularly read AllCarsElectric you’ll know that last weekend we were lucky enough to borrow a Lightning Green example of Tesla’s latest incarnation to the already-famous electric two-seater. But while most commentators view the 2011 Tesla Roadster Sport 2.5 as little more than a...
Nikki Gordon-Bloomfield -
A Weekend With The 2011 Tesla Roadster Sport 2.5 (Video)If you saw yesterday’s 2011 Tesla Roadster Sport 2.5: First Drive Review you’ll know that we were lucky enough to borrow a Lightning Green example of Tesla’s latest electric sports car for the weekend. Three days, 100 kilowatts of electricity, a couple of hard frosts, countless...
Nikki Gordon-Bloomfield -
2011 Tesla Roadster Sport 2.5: First Drive ReviewThe Tesla Roadster is known among gearheads and electric car advocates as being the sports car that smashes all preconceptions about electric vehicles. So when Tesla announced its aptly-named revision to the iconic all-electric car we just had to see if the Californian-based automaker could beat...
Nikki Gordon-Bloomfield -
How To Make Your 2011 Chevy Volt Drive Like a Tesla RoadsterPretty much anyone who's driven one loves the performance of the Tesla Roadster, the first modern electric car with a lithium-ion battery pack. The 2011 Chevrolet Volt is a much less radical electric car than the Roadster in certain ways, and one of them is its accelerator response. Volt: Just like...
John Voelcker -
What does it cost to develop an electric vehicle these days? In the case of the upcoming electric Toyota RAV4 crossover, $60 million. At least, that's the amount that Toyota will pay Tesla Motors under a contract to supply lithium-ion battery packs, electric motors, gearboxes, power electronics modules, software, and other components for the RAV4 electric conversion. The contract came to light yesterday in a Tesla filing with the Securities and Exchange Commission (SEC). Last May, Tesla and Toyota startled the automotive world by announcing a partnership under which Toyota would invest $50...
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Touched By Tesla: Why Tesla’s Future Lies In EngineeringDespite what some electric car conversion advocates will tell you, making a good electric car is extremely hard. It takes skill, money, resources and many hours of time. What’s more, the history books are littered with the names of small independent companies who tired and failed to produce...
Nikki Gordon-Bloomfield -
The 2011 Tesla Roadster 2.5 What Do YOU Want To Know?We’ve already covered the updated 2011 Tesla Roadster 2.5 upgrade on AllCarsElectric and although our John Voelcker has given the 2010 Roadster a 7.4 out of 10 over at TheCarConnection, we’ve yet to put the 2011 Roadster 2.5 through its paces. Updated with a new grille, some performance...
Nikki Gordon-Bloomfield -
Curiouser and Curiouser: Tesla's 'Gay' Electric Car ConnectionOh, what a tangled web we weave in the insular little world of electric car advocates. Take the news earlier today that Universal Pictures has agreed to a request from the Gay & Lesbian Alliance Against Defamation that it pull a trailer for a new Vince Vaughan movie in which the B-list star...
John Voelcker -
Hey Ron Howard: So Electric Cars Aren't That 'Gay' After All?The news came via a Facebook status from another automotive journalist: "Interesting. Phrase 'Electric cars are gay' pulled from Ron Howard movie." To which we could only respond, huh? [UPDATE: Turns out that there's even a Tesla angle too.] Turns out the upcoming movie The Dilemma, starring Vince...
John Voelcker -
Bad News For Electric Cars: Consumers Don't Understand ThemDespite the hype and the near-ubiquity of the Toyota Prius (pictured), most Americans remain leery of buying alternative-fuel vehicles. That’s probably because they don’t have the basic knowledge to understand it, according to a new survey conducted by Harris Interactive. The survey...
VentureBeat's GreenBeat -
It's debatable whether Tesla Motors should even be called a startup. It's five years old, it has almost 1,400 cars on the road, and it has 700 people working for it globally. Yesterday, in a bid to reinforce its credentials as a real automaker--the kind that can design, engineer, test, and build a car for global sale--Tesla invited a dozen or so journalists to tour its new Palo Alto headquarters building. Teslas, but Smart too Starting in the "showroom," which housed not only a silver 2011 Tesla Roadster 2.5 and a burgundy Model S prototype, but also a Smart Electric Drive and a Mercedes-Benz...
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Tesla Plays Cautiously, Recalls 439 Roadsters Over Potential Fire RiskTesla Motors, manufacturers of the all-electric Tesla Roadster and Tesla Roadster Sport has decided to recall 439 of its sexy sports car, over a potential fire risk. The Palo-Alto based automaker has often been in the news this year, from its roller coaster initial public offering back in June...
Nikki Gordon-Bloomfield -
Tesla Recalls 439 Roadster Models Over Potential Fire RiskTesla has recalled 439 Roadster 2.0 and 2.5 models due to a low-voltage cable that might be defective. A 12-volt auxiliary cable is the culprit. The cable could lose power, which would affect the headlights, taillights, turn signals/hazard flashers, and airbags. On one vehicle, the cable caused a...
Tim Healey -
Auto X-Prize Winners Finalize Plans To Bring Unique 2-Wheeler To MarketLet’s face it. We haven’t been particularly nice about the Automotive X-Prize. While the multi-million dollar competition was originally designed to seek out new engineering talent and encourage automakers to go green, the event became a holding pen for the misfits of the automotive...
Nikki Gordon-Bloomfield -
UPDATE: 2010 Paris Motor Show: Guide To Electric VehiclesThe 2010 Paris Motor Show is upon us and amongst the supercars and superminis lie a veritable feast of electric vehicles. Whilst we've known about many of the cars due to be shown for a little while now, for many it will be the first opportunity to see the newest EV concepts and production cars up...
Antony Ingram -
Is It A Bird? Is It A Plane? No, It's A <strike>2011</strike> 2012 Tesla Model S!Telsa has always been a little unconventional in its approach to building and marketing it's cars, but its latest advertising campaign literally lifts Tesla above the competition. For its latest publicity stunt, a full-size design model of the 2012 Tesla Model S greeted San Franciscans on Sunday...
Nikki Gordon-Bloomfield