7th September 2013
image-607

IP Uh-Oh: Tesla Filing Reveals Roadster Production to End in 2011

Electric car purveyor Tesla filed paperwork for a $100 million IPO with the SEC earlier today, and after deeper perusal of the 173-page form S – 1, the company looks to be treading on extremely thin ice. The filing has revealed that not only will the company stop making its only car — the Lotus Elise-based Roadster — in 2011 because Lotus will be retooling its plant to make way for a new Elise/Exige line, ...
6th September 2013
image-552

WOT Episode 4: C7 Breaks Cover, Mercedes AMGs, Tesla Model X – Motor Trend YouTube Channel

In the fourth episode of Wide Open Throttle, Jessi Lang tops off the hottest stories of the week, starting out with more than a dozen models coming from AMG in the next few years, electric-powered BMWs, and spy shots leaking out of the upcoming seventh-generation Corvette just around the corner, and Tesla’s sporty new Model X electric crossover. Finally, editor-at-large Angus MacKenzie talks with Jessi about Acura’s upcoming NSX. We’re all fans of high-performance models, so ...
3rd September 2013
image-568

Watch Out Tesla: Porsche Tests Full-Electric Boxster E

Porsche may not be the first name that comes to mind when you think electric vehicles. However Ferdinand Porsche developed what is believed to be the first hybrid car in 1906 for Austrian car builder Lohner. In the last few years, Porsche has begun using modern hybrid technology to increase efficiency in their SUVs and even a few race cars. The forward thinking company is again looking forward by building three full electric Boxsters to ...
31st August 2013
image-578

Panasonic Gives Tesla A $30-Million Jolt Of Cash For Powertrain Development

Electrons are small. You may think that dead pixel on your computer screen is small, but it’s a city block compared to an electron. This may be why many people don’t understand how hard it is to store enough of them to power a car. Two companies with an intimate knowledge of the problem are electric car pioneer Tesla, and electronics giant Panasonic. This week, the Japanese tech company announced it was investing $30 Million into ...
31st August 2013
image-532

We Hear: Tesla Sets Up Roadster-to-Model S Trade-In Program

Tesla is ready to help out those owners who feel that their Roadsters aren’t new and shiny enough. According to a new report, the electric car maker will be giving owners a credit when they trade in a Roadster for a new Model S. The San Francisco Chronicle reports that Tesla has created a buyback program for current Roadster owners who are looking to move into a new Model S. Tesla’s program works just as any other trade-in ...
31st August 2013
image-549

MT Then and Now: Tesla Roadster, Model S, Model X Prototype

When Tesla Motors was founded in the early 2000s, many would never have guessed the company would last long enough to produce a car like the Model S. The first car to arrive was the Tesla Roadster, followed by the just-released Model S and, before long, the Model X. As we share the results of our exclusive range test of the Model S, WOT is taking a look back at the Tesla models we’ve driven ...
28th August 2013
image-582

Tesla Buys $15 Million of Equipment and Parts From NUMMI Plant

The NUMMI venture between Toyota and General Motors may be long gone, but some of that partnership’s parts and equipment will live on with Tesla. The electric vehicle company just bought $15 million worth of assets from the NUMMI plant in Fremont, California. This follows Tesla’s agreement to purchase the plant for about $42 million. In July, Tesla and Toyota announced an electric version of the 2012 Toyota RAV4 SUV would be produced. It’s possible the purchase ...
19th August 2013
image-585

Tesla Raises $226 Million Through IPO

Tesla has become the first American car company to go public in 54 years, and has raised some $226 million in the process. The electric vehicle producer is the first automaker since Ford in 1956 to have an initial public offering (IPO). Initially, Tesla planned on offering 11.1 million shares at $14-$16 each, but later increased that figure to 13.3 million. According to Bloomberg data and a filing with the U.S. Securities and Exchange Commission, ...
10th August 2013
image-564

Update: Tesla, Top Gear Continue Verbal Spat Over Libel Suit

Last week we reported that Tesla Motors, maker of the of the 2-seater all-electric Tesla Roadster, is serving Top Gear with a libel suit claiming that an episode featuring the sports car contained false and exaggerated criticisms, some of which included failed brakes and an overheated and immobilized motor.  A complete explanation of the claim is posted on Tesla’s website. Recently, Top Gear’s executive producer Andy Wilman responded to the suit in a blog post on ...
31st July 2013
image-424

Nine Road Trip-Ready Vehicles – Rumor Central

Memorial Day weekend means many things to many people, but it universally signals the start of one summer tradition: road trips. Regardless of if you’re heading to see family, escape into the great outdoors, or simply crisscross the country, we’ve rounded up some ideal road trip vehicles for those seeking to hit the road this summer. I want to…go there and back on a single tank. Volkswagen Passat TDI Base Price: $26,225 EPA mileage: 30 mpg city/ 40 highway There ...