22nd August 2013
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Report: Tesla CEO Elon Musk Pontificates On Future EV Products – Rumor Central

It’s been about two weeks since Tesla’s Model S won Automobile Magazine’s Automobile of the Year, and the EV sedan added another trophy–Motor Trend’s Car of the Year title –to its case, which also includes Yahoo Autos’ Car of the Year. Tesla Motors CEO Elon Musk is happy to see the awards rack up and hear the accolades, but is reportedly celebrating with the promise of more Tesla models. That isn’t to say that Musk isn’t ...
18th August 2013
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Report: Tesla Wants To Build A Nissan Leaf Competitor – Rumor Central

Tesla Motors wants to build a competitor to the Nissan Leaf, CEO Elon Musk told Bloomberg. Musk said that his electric-car company would develop a more affordable model that was nicer and more desirable than the Nissan Leaf. Musk admitted to Bloomberg that his company’s only current offering, the Model S, has somewhat limited appeal because it is very expensive. He says Tesla will develop a more affordable model that would compete with — and beat ...
14th August 2013
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Tesla Unveils Supercharger Network, Promises Solar-Powered Charging – Rumor Central

One of the largest hurdles Tesla has faced is the lack of electric charging points for its electric cars. Now, the company is working to resolve that issue by opening up a network of quick chargers across the country. Dubbed the Supercharger, Tesla’s new charger not only helps to expand the current network of electric-car charging stations, but it can also help feed electricity back into the current power grid. The Supercharger works as such: the ...
10th August 2013
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Feature Flick: The Tesla Model S is 2013 Automobile of the Year – Rumor Central

We know we’ve already announced it, but it bears repeating: the Tesla Model S is the 2013 Automobile Magazine Automobile of the Year. The car’s blend of electric-car smoothness and efficiency, gas-powered car range and power/torque, and sleek interior and exterior design won our hearts (and our votes) early last month during three days of testing in western Michigan, besting some 27 other competitors along the way…both on the road and at the track. You can ...
3rd August 2013
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Tesla Motors Teases Model X Electric SUV – Rumor Central

Tesla Motors, the electric car startup, plans to launch a new vehicle called the Model X. Based on a dark teaser photo accompanied by the tagline “Utility meets performance”, we believe the Model X will be an all-electric SUV. It will be revealed Thursday, February 9, in California. We don’t really know anything about the Model X, although lightening the teaser image with the wizardry of Photoshop reveals a curved hooded, sloping roofline, and oval front ...
2nd August 2013
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Tesla Plans on Early Repayment of DOE loans, Re-Files Annual Report – Rumor Central

In stark contrast to the woes faced by other upstart plugin auto brands Coda and Fisker, Tesla seems to be resolute and resilient in its business strategy. The company is so confident in its success, that it released a statement on the company blog that it intends to re-pay its Advanced Technology Vehicle Manufacturing loans five years ahead of schedule. This would put the final payment of the loan in 2017, as opposed to the ...
1st August 2013
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Tesla Turns A Profit As Sales Exceed Expectations – Rumor Central

Tesla Motors revealed today that it will post a profit in the first quarter of 2013, because sales of the Model S electric sedan exceeded expectations. Total sales of the Tesla Model S reached 4750 units, 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 ...
31st July 2013
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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 ...
29th July 2013
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Massachusetts Dealer Lawsuit Against Tesla Dismissed – Rumor Central

One of the advantages of being the new kid on the block in business is that you often get to approach things in a different way than the more established players in the market, even down to how your products are sold. That’s the approach Tesla took in selling its vehicles, adopting a manufacturer-direct, company-owned store model. But that approach did not sit well with established, franchise model dealers, claiming the company’s model skirts the ...
28th July 2013
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Elon Musk, New York Times Spar Over Tesla Model S Driving Range – Rumor Central

Just how far can you drive an electric car? That’s the subject of a mild argument between Tesla Motors CEO Elon Musk and The New York Times, after the latter published a story claiming a Tesla Model S electric car couldn’t drive as far as its range estimates predict. Reporter John M. Broder planned to test Tesla’s new Supercharger network by driving a Model S with an 85-kWh battery from a Supercharger point in Newark, Delaware, ...