Tesla Earnings Electrify the Industry (TSLA)

Tesla Model S

Yesterday Tesla announced their quarterly earnings to shareholders, and the results were quite good. The market was expecting the company to post a loss in revenue, but Tesla turned around and announced nearly a $0.20/share profit instead. Stocks unsurprisingly surged in after-hours trading following the announcement. In the quarter, Tesla produced 5,150 Model S all-electric […]

Tesla One Deal Away from EV Critical Mass?

Tesla Supercharger

I seem to be talking a lot about Tesla Motors lately. Not without reason, mind you. The company repaid their Department of Energy loan a whole nine years early. They are beating production estimates, selling more cars than they thought they would, and they turned a profit for the first time ever. They have even announced […]

Tesla Outselling Similarly Priced German Sedans

Tesla Model S

Tesla Motors’ Model S all-electric sedan is starting to become a bit of a sales sensation. In the past few weeks Tesla has announced the the Model S exceeded sales estimates. Then Tesla announced that they were the plug-in car sales leader in the United States, by beating the Chevrolet Volt in sales. Finally, Tesla then […]

Tesla Repays Government Loan 9 Years Early

Tesla CEO Elon Musk

Tesla is the first US automaker to pay back its loan from the government in its entirety, a full 9 years before it is due. If you are paying attention, not too long ago Tesla made a loan payment and announced that it would have the loan paid off in half the amount of time required. […]

Tesla Motors Posts Profitable Earnings with High-Tech Electric Cars

Tesla Model S

Tesla Motors posted its first profitable quarter providing further proof that there is consumer demand for high-tech, electric cars that look more like a sports car than a family hauler. Tesla Motors announced its quarterly earnings on Wednesday. This is a significant moment for the US-based automaker and the CEO Elon Musk. Profitability is extremely important for a startup business, […]

Tesla Model S Outsells Chevrolet Volt in North America

Tesla Model S

Tesla is having a tumultuous year, legally. They recently won the right to sell their Model S vehicles in New York, but then were denied sales in Virginia. Tesla is gaining ground in Texas, though, with a new factory and model on the line. When it comes to sales though, Elon Musk’s Tesla must be motivated by […]

Tesla In For Service? Receive a Tesla as a Loaner!

Tesla Model S

Is there anything worse than taking your vehicle in for service and receiving a crappy loaner car? Tesla Model S owners won’t have to worry! According to USA Today, Tesla is readying a fleet of 80 Model S loaner vehicles. CEO Elon Musk wants his customers to have top notch service. He plans on providing […]

Tesla Wins Legal Victory in Empire State

Tesla Model S

Tesla Motors is engaged in a series of lawsuits throughout the country with other auto dealerships trying to shut down their sales operations. New York Supreme Court Justice Raymond J. Elliott III ruled that local dealerships will not be able to use the Franchised Dealer Act to attempt to sue Tesla out of business. The […]

Tesla Motors Wants to Compete Against Pickup Trucks?

Tesla Model X

Tesla‘s Elon Musk was in Texas this past week to fight for his company’s right to sell vehicles there, and shared this bit of information… “I have this idea for a really advanced electric truck that has the performance of a sports car but actually more towing power and more carrying capacity than a gasoline […]

$15/month Internet Makes Your Audi Easier on the Budget

Audi R8 Spyder

Audi announced a cheaper version of its Audi Connect service that provides unlimited 3G wireless Internet in your vehicle for $15/month. WiFi access in-car is a growing trend, and Audi was the first company to offer it integrated within the vehicle without a dealer add-on module. Now, they are trying to make a statement by offering […]

Tesla Car Sharing Heads to Las Vegas with Project 100

Tesla Logo

Project 100, a venture of Zappos CEO Tony Hsieh’s Downtown Project in Las Vegas that will let people access vehicles to commute around the city, has just purchased 100 Tesla Model S sedans to be part of their new transportation sharing fleet. The Downtown Project was founded by Zappos CEO Tony Hsieh to help revitalize Las Vegas. […]

Tesla Lease Details: Almost Complicated Enough to Require A Slide Rule

Tesla Model S

Tesla, along with partner Wells Fargo and US Bank, has announced a “revolutionary” new leasing program for the Model S designed to make the vehicle more affordable. Tesla has also launched a new online calculator to show you the “true cost of ownership.” Tesla has partnered with Wells Fargo and US Bank to offer down […]

Tesla Exceed Sales Targets on Model S, Kills Low Range Version

Model S Press Shot

Tesla announced late yesterday that they are exceeding their sales target on the Model S. The goal was 4,500 units, and Tesla announced they have sold 4,750 units. Tesla also announced that they will be amending the profitability outlook to full profitability at the end of Q1. Even though the company has been flogging their […]