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Tesla reaches profitability for the first time in its 10-year history
- Tesla Motors reported a quarterly profit for the first time in its 10-year history during the first quarter of 2013. This was done by exceeding their own targets for deliveries, expanding gross margin and improving execution throughout the company according…
Tesla revises in-house financing plan for Model S buyers
- Last month Tesla CEO Elon Musk announced a partnership with two major banks that would make it easier than ever for potential customers to secure financing when purchasing the company’s Model S electric car. The executive used some creative accounting…
Tesla partners with major banks to make Model S more accessible
- Tesla Motors recently announced a partnership with two major banks that will allow customers to finance the company’s Model S electric cars. CEO Elon Musk said the deal combines the surety and comfort of owning a car with all of…
Tesla cancels 40 kWh battery option for Model S ahead of production
- Tesla Motors recently announced plans to discontinue a smaller battery option for the Model S before it ever enters production. The 40 kWh battery pack won’t be offered due to lack of demand as only four percent of customers selected…
Revived Detroit Electric to unveil Tesla Roadster rival on April 3
- Detroit Electric, a brand responsible for building electric cars in the early 1900s, has been revived after more than 70 years of inactivity – or as their marketing team would prefer: Recharged, Rebooted, Reborn. The company plans to unveil their…
After review Tesla loses hundreds of orders, $100 million in stock market value
- The fallout from the New York Times' controversial review of the Tesla Model S continues as CEO Elon Musk said hundreds of people have cancelled orders for the electric car. It didn’t stop there as the company’s stock market value…
Tesla CEO Elon Musk says Times article on Model S range was fake
- The New York Times recently published an article featuring Tesla’s new Model S electric car. To say the author’s experience with the car went poorly would be an understatement – he ultimately had to have the vehicle towed as it…
Tesla Model S rides away with Motor Trend's Car of the Year award
- Motor Trend magazine has announced the winner of their coveted Car of the Year award. The Tesla Model S electric car rides away with the top honor for 2012 in a decision that’s sure to surprise a lot of automotive…
Tesla unveils Supercharger stations for Model S electric cars
- Tesla Motors has unveiled a network of high-speed electric car recharging stations known as Superchargers. The company built six of these new booths around middle and southern California in secrecy ahead of the launch with plans to install stations throughout…
Nvidia Maximus hybridizes Quadro and Tesla products
- Nvidia has launched a new hybrid processing technology that should make it easier for professionals to use the company's graphics and compute products in the same machine. First unveiled during a press event at SIGGRAPH 2011 in August, the company's…
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