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 ...
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 ...
11th August 2013
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Tesla Model S Now Offers Wireless Vehicle Updates, Plant Running at Full Capacity

Once we begin our year-long test of the Tesla Model S, the 2013 Motor Trend Car of the Year, we may not have to visit the dealership to perform most software updates. The automaker has just implemented a new, cloud-based system that will allow owners to view and install software updates from their vehicle’s infotainment screen. It’s hard to imagine that the Model S needs any updating at this point, considering the amount of impressive technology ...
3rd August 2013
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Toyota Finally Moving Forward with Mississippi Plant; Corolla on Build List

For the past two years, the 170 employee skeleton crew at Toyota Motor Manufacturing Mississippi (TMMM) , located in quiet Blue Springs in the northern part of the Magnolia State, have kept themselves busy despite their plant never reaching operational status.  That’s all about to change in 2011. TMMM was originally announced back in February 2007 as the then-latest site for the Highlander. Then came the economic meltdown. The auto industry was hit especially hard during the recent ...
24th July 2013
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Crashed, Tested, Sold: Tesla Announces Model S Delivery Date – Rumor Central

The Tesla Model S is officially showroom ready, at least according to the U.S. government: after passing initial Environmental Protection Agency tests, the car has also reportedly passed crash testing at the hands of the National Highway Traffic Safety Administration. Not one to waste time, Tesla Motors subsequently announced the car’s initial delivery date is June 22nd, 2012. The crash test announcement comes from the personal Twitter account of Tesla CEO Elon Musk, who took a ...
21st July 2013
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Toyota Chooses Canada for RAV4 EV Production

Toyota will build the upcoming electric-powered RAV4 alongside the gasoline-powered variant at its Toyota Motor Manufacturing Canada, Inc. (TMMC) in Woodstock, Ontario, Canada. Production is slated to begin in 2012. Many plants were being considered for RAV4 EV production, including the NUMMI plant in Fremont, California. Tesla Motors, which has been assisting in the development of the electric-powered SUV, will build its 2012 Model S family sedan at NUMMI. Toyota says building the electric version of ...
19th July 2013
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Tesla Considers Pickup Truck Plant for Texas – Rumor Central

It’s been a little while since Tesla Motors CEO Elon Musk made any interesting declarations about product or development, which means we shouldn’t be surprised that Mr. Musk spoke of a future with Tesla Motors making pickup trucks in Texas. For what it’s worth, Tesla neither makes pickup trucks now, nor does it make vehicles in Texas. At this point the experiment of making electric sport sedans in California has been a relative success: Tesla says ...
12th July 2013
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Toyota, Tesla Come Together, Companies Seal $100 Million RAV4 EV Deal

Toyota and Tesla have joined forces in producing battery packs and motors for the upcoming electric RAV4 in what was previously a $60 million deal, but now, the Japanese automaker is forking over more money and officially making it a $100 million deal. The RAV4 EV, set to go into production next year, was rumored to only be available for fleet sales, but we shed light on those claims earlier this week. Toyota said in a ...
7th July 2013
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Electric Teamwork: Seven Carmakers Agree on Single EV Fast Charge Standard

With the rise of electric vehicles comes the risk of confusing methods to charge the batteries. Thankfully, seven automakers have collaborated and reached an agreement to standardize EV fast charging methods in the United States and Europe. The automakers include Audi, BMW, Daimler, Ford, General Motors, Porsche, and Volkswagen. All seven have agreed on one vehicle inlet/charging connector as well as the method in which the car communicates with the charging station. They also considered the ...
5th July 2013
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It’s Coming: Tesla’s Model S Beginning Deliveries in Second Quarter of 2012

Tesla is only in the first of two development stages for the electric Model S four-door hatchback, but it might not be long before we see a four-door Tesla rolling through Beverly Hills. Production of the Model S, Tesla announced at the Detroit Auto Show, will start in the second quarter of 2012. The all-electric Model S is claimed to have a range of 300 miles and accelerate from 0-60 mph in 5.6 seconds. Tesla hopes ...