28th August 2013
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Consumer Reports Rates Tesla Model S 99 Out Of 100 – Rumor Central

The Tesla Model S now has another strong endorsement. Product-review publication Consumer Reports gave the electric car 99 out of 100 possible points — a rating matched by only one other car in Consumer Reports’ history, the 2007 Lexus LS460L. The Tesla Model S received the ringing endorsement from Consumer Reports because, “It accelerates, handles and brakes like a sports car, it has the ride and quietness of a luxury car and is far more energy ...
25th August 2013
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Zero-Emissions: A Tour of the Tesla Factory and Spin in the Model S in Latest WOT Video – Rumor Central

In the latest episode of Wide Open Throttle, Frank Markus drives the all-new Tesla Model S while host Jessi Lang takes us to electric automaker’s Northern California factory for a tour and a look at how the Model S is built. Lang starts with 2012 Tesla Model S specs. The Model S will be available with 40-, 60- and 85-kWh battery capacities, with an estimated range of up to 265 miles. The Model S is powered ...
24th August 2013
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2013 Tesla Model S Rated For 95 MPGe, 208-Mile Range With 60-kWh Battery Pack – Rumor Central

The 2013 Tesla Model S electric luxury sedan is offered with several different battery packs, and now the Environmental Protection Agency has rated the energy efficiency of the Tesla’s middle option, a 60-kWh lithium-ion battery pack. The EPA says that Model S sedans equipped with the 60-kWh battery average 94/97 mpge (city/highway) for a combined rating of 95 mpge, and can travel 208 miles on a single battery charge. The estimates show that the 2013 Tesla ...
24th August 2013
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Tesla Loses $396.2 Million in 2012, Posts Net Loss In Q4 – Rumor Central

The 2012 loss grew some $141.8 million over the company’s 2011 losses, bringing the red ink to a total of $396.2 million. According to Automotive News, “manufacturing and supply chain inefficiencies” were behind the fourth-quarter loss of almost $90 million, which was up by $8.4 million over the same period in 2011. Indeed, the automaker says much of its red ink stems directly from ramping up production of the Model S sedan, the company’s sole product ...
6th August 2013
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The 10 Best Sports-Oriented Family Cars – Rumor Central

Just because you’ve grown up, settled down, and had a kid or two doesn’t mean you can’t have fun anymore. While you may have to take a pass on that late-night partying you once did, you can stay in touch with your younger self with a car that’s fun to drive and can double as a family vehicle. However, finding a vehicle that appeals to you both as an enthusiast and a head of household ...
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 ...
30th July 2013
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Feature Flick: News Round Up, Including C7, Mercedes AMGs, Tesla Model X – Rumor Central

The Motor Trend Channel’s Wide Open Throttle news show kicks off its fourth episode, starting out with more than a dozen models coming from AMG in the next few years, electric-powered BMWs, and spy shots of the upcoming seventh-generation Corvette just around the corner, and Tesla’s sporty new Model X electric crossover. We’re all fans of high-performance models, so whenever we hear more are coming, we get excited. Among the most intriguing is the rumored Porsche ...
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 ...