21st August 2013
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Wide Open Throttle Drives Tesla Model S, Explores Tesla Factory

The 2012 Tesla Model S is a make-or-break car for electric car manufacturer Tesla. On this week’s Wide Open Throttle, host Jessi Lang takes us on a tour of Tesla’s Silicon Valley factory, while Frank Markus brings us along for his interview with Elon Musk and drive of the 2012 Tesla Model S. Lang starts with 2012 Tesla Model S specs. The Model S will be available with 40-, 60- and 85-kWh battery capacities, with an ...
20th August 2013
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Watch the Tesla Model S Attempt to Reach Las Vegas from L.A. on a Single Charge

Like it or not, an increasing number of automakers are experimenting with electric vehicles. Whether EVs will supplant internal combustion engines or only complement regular vehicles depends on how well executed they become. On this episode of Wide Open Throttle, host Jessi Lang and Motor Trend technical director Frank Markus attempt to drive the all-new Tesla Model S from Los Angeles to the Las Vegas strip on a single charge – the first real-world range ...
20th August 2013
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Tesla Claims Plug-In Sales Lead for First Quarter 2013 – Report

The Tesla Model S has never been marketed or positioned as a mass-market volume play along the lines of the Nissan Leaf or Chevrolet Volt, but despite the car’s not-insignificant purchase price, the Palo Alto, California-based company is expected to report first-quarter sales of the Model S surpassing the Leaf and Volt, making the Model S the best-selling plug-in vehicle for the quarter, according to Bloomberg. Tesla is expected to report 4750 deliveries of the Model ...
19th August 2013
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Top 10 Road Trip Cars with 400 Horsepower or More and Room for Four

With the holidays fast approaching and enthusiasts planning road trips to visit family and friends, we’ve put together this list of the top 10 coolest road trip cars with 400 hp or more that can accommodate at least four full-size adults. From four-wheel-drive SUVs for those who may traverse deep snow to rear-drive sedans and a wagon for those whose travels will feature sunshine and dry roads, we’ve got the field covered for drivers who ...
19th August 2013
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Motor Trend Giveaway: “Own” a Tesla Model S in Car Town!

The Motor Trend 2013 Car of the Year-winning Tesla Model S may be priced out of reach for most consumers, but that’s not the case anymore. Motor Trend is partnering with the popular social game Car Town, allowing players to own the Tesla Model S by visiting our Facebook fan page and following the instructions. “Any true automobile aficionado will want this kind of horsepower in their stable,” said Dennis Suggs, president and CEO, Cie Games, ...
19th August 2013
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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, ...
18th August 2013
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Tesla Model S to go on Sale Next Month, Ahead of Schedule

Electric carmaker Tesla delivered a bittersweet announcement today. First the good news – the upcoming Tesla Model S will go on sale next month, ahead of schedule. Bad news? The automaker posted a loss of $89.9 million during the first quarter of this year, which is significantly more than the $48.9 million it lost during the first quarter of 2011. Despite that, Automotive News reports that Tesla is expecting its total revenue for 2012 to be ...
17th August 2013
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Tesla Confirms Plans to Increase Model S Prices

The price of a Tesla Model S will be increasing soon — but the company hasn’t yet disclosed by how much prices will rise. However, Tesla did confirm that some features that were previously standard on the Model S will become paid options. The Tesla Model S is an all-electric sedan built in California by billionaire visionary Elon Musk. The car is Motor Trend’s 2013 Car of the Year. Prices currently range from $57,400 for an ...
16th August 2013
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Update: Tesla Says No Pending Completed Loan Applications with DOE

Following the bankruptcy of solar-panel maker Solyndra, the House Republicans are eager to cut green-jobs programs. – The ill-fated solar panel manufacturer was the first company to receive money from the Obama administration’s green-tech stimulus loan. One of the other programs under scrutiny is the U.S. Department of Energy’s (DOE) Advanced Technology Vehicles Manufacturing Program (ATVM). The same program loaned Tesla Motors $465 million back in June 2009. Tesla used the ATVM loan to open an ...
16th August 2013
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Tesla Model S Sales Exceed Expectations, Low-Range Model Axed

Tesla Motors announced today that it will report profitability for the first quarter, after sales of the Model S electric sedan exceeded expectations. Tesla has sold 4750 units of the car thus far, up from the 4500 units previously planned. The announcement is good news for Tesla after a disappointing year in 2012, when the company lost almost $400 million. Last year, Tesla sold just 2650 units of the Model S while it ramped up production ...