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Tesla’s Musk reveals upcoming electric plans

Tesla’s Musk reveals upcoming electric plans

Billionaire entrepreneur and co-founder, Tesla’s chief executive officer Elon Musk, took to his usual way of delivering media updates using the various social networks at hand. This time around he used Twitter on Wednesday to claim the company’s mass-market and affordable electric car, the Model 3, would be introduced to […]

Tesla gets a perfect score from consumers

Tesla gets a perfect score from consumers

While Tesla’s Model S P85D got occasional complaints, it managed to receive the highest rating ever. The S model not only managed to get a perfect score, but moreover, it succeeded by scoring 103 points on a 100-point scale, according to Consumer Reports (CR) magazine. This model is the better […]

Tesla gets $738 million from stock sale

Tesla gets $738 million from stock sale

Good news seems to follow Tesla Motors Inc. as the auto company increased its proceeds to around $738.3 million due to its underwriters of its secondary stock sale which chose to purchase additional shares. The electric carmaker sold a massive 3.1 million shares at the price of $242 each in […]