PALO ALTO, Calif. – The National Highway Traffic Safety Administration (NHTSA) has reaffirmed the 5-star safety rating of the Tesla Model S overall and in all subcategories for Model Year 2014, confirming the highest safety rating in America. While Tesla is awaiting feedback from NHTSA regarding their investigation of recent fire incidents, the German Federal Motor Transport Authority, Kraftfahrt-Bundesamt (KBA), recently concluded its review of the incidents, finding no manufacturer-related defects or need for further action.
PALO ALTO, Calif.– Tesla Motors announced that it has paid off the entire loan awarded to the company by the Department of Energy in 2010. In addition to payments made in 2012 and Q1 2013, today’s wire of almost half a billion dollars ($451.8M) repays the full loan facility with interest. Following this payment, Tesla will be the only American car company to have fully repaid the government.
ECOstrive – Seems like it’s been forever, since I’ve updated this site. A lot has happened in the last couple of years. A123 Systems went bankrupt, even though they had a great battery technology. IBM began the Battery 500 program to create batteries for electric cars with a 500 mile range. Tesla went public and has been trading at nearly double their IPO price. And, the alarmist have been caught lying and manipulating data, without repercussions changed the theory several times and made fortunes off of “Green” investments in non-viable technologies supported by the governments.
PALO ALTO, CA. – Tesla Motors, Inc. today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission for a proposed initial public offering of its common stock. Tesla Motors designs, manufactures and sells high-performance fully electric vehicles and advanced electric vehicle powertrain components. The number of shares to be offered and the price range for the offering have not yet been determined.
Goldman, Sachs & Co., Morgan Stanley, J.P. Morgan and Deutsche Bank Securities are acting as the joint book-running managers for the offering.
Carlutti, who began this week as Tesla’s vice president of European sales and operations, has a unique background encompassing sales, marketing, branding and public relations. He has lead mission-critical divisions at Fiat, served as CEO of an Italian start-up and served on the organizing committee of the XX Winter Olympic Games. Continue reading Tesla hires Fiat strategist to head European operations
ECOstrive – With deliveries expected to begin in 2012, Tesla is poised to own the luxury sedan market with it’s all-electric Model S car. This seven passenger vehicle is unique because it is built on a flat platform. That is, batteries between the front wheels and motor between the rear. This gives the designers a very open pallet to be creative in both the exterior and interior of the car. Continue reading Design of the Tesla Model S
ECOstrive – Tesla Motors yesterday announced the details of the long awaited electric sedan called the Model S. This family sedan can seat 7 people and travel up to 300 miles on a charge.
“Model S doesn’t compromise on performance, efficiency or utility — it’s truly the only car you need,” said Tesla CEO, Chairman and Product Architect Elon Musk. “Tesla is relentlessly driving down the cost of electric vehicle technology, and this is just the first of many mainstream cars we’re developing.” Continue reading Tesla finally takes the wraps off of the Model S all electric Sedan
San Carlos, Calif. – (March 17, 2008) — Regular production of the 2008 Tesla Roadster commenced today, marking an historical milestone for Tesla Motors and a watershed in the development of clean, zero-emissions vehicles.
First unveiled as a prototype on July 19th, 2006, the revolutionary Tesla Roadster generated an extraordinary response from people everywhere who were inspired by the vision that beautiful, high performance cars could generate zero-emissions and burn no oil. Continue reading Tesla Motors Begins Regular Production of 2008 Tesla Roadster
ECOstrive – Tesla Motors has taken action in making electric cars more mainstream. They were not content with the current state of the electric vehicle, boxy, small, slow and very limited range. They decided to take electric cars to the opposite extreme. The Tesla Roadster is sexy, fast, and has a range that is manageable for a sports car of its class. Continue reading Tesla: Taking Action