/ Archive by category / Tesla

Browse Tesla articles

Tesla Plans to Repay Energy Department Loan

Tesla plans to raise $1.08 billion to build cash reserves and repay the loan offered by the Energy Department. CEO Elon Musk said the automaker will sell 3.9 million shares for $92.24 each. Musk will buy 1.08 million shares for the price of $100 million and convertible notes might increase as much as $648 million. The automaker said $452.4 million will ...

More Tesla articles

Tesla Plans to Raise $830M to Repay Energy Department Loan

Tesla wants to sell $830 million in shares to be able to repay the federal loan offered by the Energy Department. Tesla announced that the money gathered from selling 2.7 million ...

Tesla Profit During Q1 Helped by Sales of California and US Emissions Credits

Tesla’s profit during the first quarter led by an increase in demand for the Model S, was also helped by the surge in sales of the US and California environmental ...

Tesla’s Value Surpasses Fiat’s After Posting Q1 Profit

After posting higher than expected first quarter profit, thanks to its Model S sedan, Tesla surged as much as 26%. At 11:45 a.m. New York time Tesla surged 23% to $68.36, ...

Tesla Model S Got a Near-Perfect Score from Consumer Reports

Tesla’s Model S got a near-perfect score from Consumer Reports, citing the model’s well-crafted and quiet interior, power, as well as ‘pinpoint’ handling. The Model S got a score of 99 ...

Tesla Reports First Quarterly Profit Due to Model S Sales

Tesla reported last quarter its first profit, beating analysts’ estimates, as Model S sales surpassed those of GM’s Chevrolet Volt. During the first quarter, Tesla’s net income reached $11.2 million, compared ...

Tesla CEO Talks to Google About Driverless Technology

Tesla CEO Elon Musk said he is discussing with Google about the possibility of adding driverless technology to its vehicles. Elon Musk believes that driverless technology is a logical step in ...

Tesla launching Model S Performance Plus

Tesla has recently announced its plans to introduce the Model S Performance Plus version, which is adding some interesting things onto the popular “green” vehicle. After it was officially launched on ...

Tesla Model S crashed through restaurant

A Tesla Model S vehicle has been recently crashed through a restaurant in California, after its driver hit the gas instead of the brake pedal. We have always said here on ...

Tesla Model S Might Have Outsold the Chevrolet Volt and Nissan Leaf in April

Chevrolet says that its Volt was outsold by the Nissan Leaf in April and possibly by the Tesla Model S too. Sales of Chevrolet Volt dropped 11% in April compared with ...

Luxury Automakers Plan to Assemble Vehicles in India to Avoid Import Tax

Luxury automakers try to boost sales in India by assembling the vehicles in this country. As automakers have to pay a ...

Luxury Auto Market Growth in China Down 8.34% in the First Quarter

During the first quarter, premium-car market in China has dropped to 8.34%, representing a decline of 80% compared with the ...

Thieves Stole an Audi RS4 Quattro Avant from Bury St Edmunds Audi Dealership

High-tech thieves managed to steal a grey Audi RS4 Quattro Avant estate two days ago, even if the car was ...

Tata Delays Plans of Building Plant in Thailand

As Tata tries to deal with a drop in demand it has decided to postpone the development of the new ...

Audi Surpassed BMW in India Luxury Auto Sales

Audi managed to surpass BMW and become the largest seller of luxury vehicles in India. Over the past years the luxury ...

GM Stock Surpasses 2010 IPO Price

Today, May 17th, GM’s shares surpassed the offering price from the 2010 IPO, which means that the US Treasury will ...

PSA Workers at Aulnay Plant End Four-Month Strike

Peugeot’s workers at the Aulnay plant accepted to end the 4-month strike held for the plant’s closure. The workers will end ...

Jaguar Plans to Upgrade Its Dealerships in the US

Jaguar plans to refurbish its dealerships in the US as it prepares for a wave of new products. The automaker with ...

VW April Sales Up 7%

VW reported sales up 7% to 784,600 vehicles in April, after a drop of 0.2% in March. "Nevertheless, the market environment ...

Volvo April Truck Sales Down 2%

Volvo sales dropped 2% to 16,572 vehicles in April, compared with the same month last year. Sales in Europe dropped 7% ...

Tesla Plans to Repay Energy Department Loan

Tesla plans to raise $1.08 billion to build cash reserves and repay the loan offered by the Energy Department. CEO Elon ...

Michelin Comes With New Agreement for Its French Plants

Michelin plans to implement new rules at its facilities in France, aimed at adjusting capacity and avoiding lay offs, as ...

George Michael Involved in Car Crash in England

Thursday night, May 16th, George Michael was injured in a car crash which took place on the M1 motorway at ...

Sale of the Nurburgring Race Track Began This Week

The bidding for the Nurburgring race track started this week, and the final price is expected to reach about £100 ...

Fiat Does Not Plan to Move Headquarters to the US

Fiat CEO Sergio Marchionne said that the company does not plan to move its headquarters to the US. "This issue, treated ...

Ferrari joins Lotus in tyre tweak criticism

May 17 (GMM/Inautonews.com) Ferrari has joined Lotus in criticising Pirelli's mid-season tyre tweak. Following early-season criticism, culminating in the furore ...