Post Tagged with: "silicon valley"

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Rich tech gurus and their sweet rides

Rich tech gurus and their sweet rides

The Silicon Valley force is also showed in the parking lot. Yes, no matter how smart, powerful or wealthy, nothing screams success like an exotic ride. There are, though, instances when the billionaire tech cofounders and CEOs are humble. Taking you from point A to point B is what a […]

Tesla reportedly needing more loans to survive in 2013

Tesla reportedly needing more loans to survive in 2013

Tesla Motors will be in a very difficult situation next year without loans from the U.S. Department of Energy, MarketWatch reports. Without the hundreds of millions of dollars received by Tesla from the federal government this year, the electric-car maker’s finances would be „gasping for air as 2012 winds down”. […]

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Ford opens Silicon Valley Lab

Ford opens Silicon Valley Lab

Ford Motor Co on Monday said it has officially opened its Silicon Valley Lab (SVL) in Palo Alto, California. Ford’s Silicon Valley Lab will serve as a local touch point for the many relationships Ford already has with Bay Area technology companies and startups. Its core mission, though, is to […]

Tesla to begin repaying U.S. DOE loans by end of 2012

Tesla to begin repaying U.S. DOE loans by end of 2012

Tesla Motors Inc. the Silicon Valley-based company that designs, manufactures and sells electric vehicles and electric vehicle powertrain components plans to start repaying its DOE loans by the end of the year, Bloomberg reports. According to the same source, the Palo Alto, California-based company had $104.5 million left as of […]

Tesla’s 4Q loss widens to $81.5mln, sees 2012 revenue tripling

Tesla’s 4Q loss widens to $81.5mln, sees 2012 revenue tripling

Tesla Motors Inc., the Silicon Valley-based company that designs, manufactures and sells electric cars and electric vehicle powertrain components said its fourth-quarter net loss widened to $81.5 million, as electric Roadster sales end before the release of Model S sedans. Revenue rose by 8.5 percent to $39.4 million. Analysts expected […]

Tesla Opens Three New Stores in North America

Tesla Opens Three New Stores in North America

Tesla Motors on Thursday announced that will open three new stores in in the U.S. this month. The boutiques will be located in Bellevue, Wash.; Chicago and Newport Beach, California. As expected, these new boutiques or galleries, rather than stores are part of the preparation for the upcoming 2012 Tesla […]

Tesla Motors request more money from the Feds

Tesla Motors request more money from the Feds

With federal aid for green-tech start-ups under assault in Washington, Tesla Motors took to the webs last week touting how its $465 million federal loan had helped create hundreds of jobs. But now, the Silicon Valley automaker is asking for more government money. Tesla spokeswoman Khobi Brooklyn reportedly confirmed that […]

Tesla will end roadster production this December

Tesla will end roadster production this December

Silicon Valley electric car pioneer Tesla plans to stop production of its first electric car, the Roadster, in December 2011,according to a filing. The Model X is said to “incorporate the functionality of a minivan with the consumer appeal of a sports-utility vehicle”. The company says the technology progress made […]