Tesla – News Stories About Tesla - Page 21

May 28, 2010 11:59 AM CDT

Tesla's CEO Is Broke

And the company hasn't disclosed that to investors

(Newser) - Elon Musk is a legend in Silicon Valley: His much-buzzed about electric car company, Tesla Motors, is on the verge of a major IPO, and he even had a cameo in Iron Man 2. There's just one problem. “About four months ago, I ran out of cash,” he...

Toyota Teams Up
With Tesla on
Electric Car

May 21, 2010 8:19 AM CDT

Toyota Teams Up With Tesla on Electric Car

$50M buy-in on 'affordable' Tesla model due in 2012

(Newser) - Toyota is teaming up with Tesla Motors to develop and build electric cars at a recently shuttered auto plant in the San Francisco Bay area. Toyota CEO Akio Toyoda said yesterday the world's largest automaker will invest $50 million in Tesla when the company goes public, and Tesla CEO Elon...

Meet Tesla's Fully Electric Car

Mar 27, 2009 8:45 AM CDT

Meet Tesla's Fully Electric Car

(Newser) - The electric car is real—at least in prototype form. Tesla Motors yesterday unveiled a working prototype of its much-anticipated Model S, a fully-electric 5-door sedan, the LA Times reports. It’s actually Tesla’s second electric vehicle, but unlike the Roadster, which is produced in London and carries a...

US Choice:
Put Money
in Startups
or Big Three

Jan 17, 2009 1:42 PM CST

US Choice: Put Money in Startups or Big Three

Tesla needs aid for new electric sedan

(Newser) - Small upstart Tesla wants to build on the success of its bold electric sports car—the pricey Roadster—by building a tamer sedan for the masses. But to do so, it needs a big infusion of cash from the Obama administration, which is looking to boost clean energy. The situation,...

Electric-Car Makers
Want Fed Jolt, Too

Dec 8, 2008 10:51 AM CST

Electric-Car Makers Want Fed Jolt, Too

Troubled firms call for government aid, bigger tax credits for drivers

(Newser) - The electric-car industry is facing the same problems as Detroit’s needy giants—plus a few of its own, the Wall Street Journal reports. Like Big Three leaders, electric-car reps have been to Washington seeking government help; struggling industry leader Tesla Motors wants $400 million from the $25 billion energy...

Electric Car Maker Sues Rival for Stealing Trade Secrets

Apr 15, 2008 3:06 PM CDT

Electric Car Maker Sues Rival for Stealing Trade Secrets

Designer Fisker employed by Tesla, then started own company

(Newser) - The maker of an electric sports car is suing a rival company, alleging stolen trade secrets, the New York Times reports. Tesla Motors hired Henrik Fisker to design a new sedan; after a subpar effort, Tesla says, he founded his own company and built a better vehicle with Tesla tricks....

Roadblocks Zap Electric
Carmakers' Momentum

Apr 6, 2008 3:12 PM CDT

Roadblocks Zap Electric Carmakers' Momentum

Infighting and broken promises mar ambitious companies

(Newser) - The more than two dozen startups racing to produce viable electric cars face a bumpy road, the Los Angeles Times reports, as they navigate infighting, skyrocketing costs, and lack of mass-production know-how. Meanwhile, a successful car would face serious competition from several major automakers working on innovations of their own....

Electric Roadster Ready to Roll

Jan 25, 2008 2:00 PM CST

Electric Roadster Ready to Roll

Tesla's battery-powered vehicle meets federal safety standards

(Newser) - The long-awaited, all-electric Tesla Roadster has passed federal safety tests with flying colors and will finally go into production March 17—albeit with temporary transmissions on the first models, reports DailyTech. The interim transmissions mean the $100,000 Roadster will do zero to 60 in 5.7 seconds, instead of...