25th June 2013

Tesla curbs forecast due to Model S issues, losses total $864.9M

It ain't easy creating a brand-new automaker from scratch. The fact that Elon Musk and Tesla have actually been able to bring not one, but two cars to market is in itself quite impressive. That said, the road has not been without its bumps, and Tesla is feeling some of the setbacks that come with being a fledgling automaker. To that end, Tesla has revealed that it expects $400 million to $440 million in full-year revenue, ...
19th June 2013

Tesla will hold 5,000 test drives in 45 days, but there’s trouble in MA

Two steps forward, one step back. Or maybe that should be 5,000 steps forward, a few steps back. In just 16 days, Tesla Motors plans on delivering the first Model S vehicles to customers (which, we believe, will end up costing Dan Neil $1,000, but no one is responding to our questions about that bet. In any case, CEO Elon Musk and other big investors are already driving theirs). Today, Tesla has got more good news ...
14th June 2013

Auto Makers Have Fewer Differences According to Consumers, Survey

The past few years has seen major shakeups in the automotive industry, and it shows in a recent survey on brand perception conducted by Consumer Reports. Once dominant players Toyota, Honda, Ford, and Chevrolet remain on top, but each automaker has seen its points gap decrease compared to last year. In the meantime, electric vehicle manufacturer Tesla has broken into the top ...