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After months of speculation and political maneuvering in five states to woo Tesla’s Giga Factory, yesterday afternoon Nevada was named the winner. The deal, with provisions subject to state legislative approval, was announced in a press conference with Tesla CEO Elon Musk and Nevada Governor, Brian Sandoval. As previously reported, Tesla aims to produce as […]

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Tesla Model S drive units have been receiving warranty replacements at a significant rate, so CEO Elon Musk issued a very generous warranty update. Tesla is bent on proving electric motors are more reliable. Wholesale replacements of the drive unit after a year or two doesn’t back that up. To deal with it, today he […]

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Still working toward indisputably increased earnings while growing the business, Tesla reported a record 7,579 sales and net income of $16 million by non-GAAP accounting last quarter, while losing $62 million according to customary accounting. The discrepancy comes from Tesla’s practice of reporting by non-generally accepted accounting principles (GAAP). These leave out financials affected by […]

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Not content to let Tesla rest on its laurels with the highest 265-mile EPA-rated range of the Model S 85, company CEO Elon Musk figures making an electric vehicle with over 500 miles of range wouldn’t take long to develop. Musk, who was being interviewed by Auto Express, said Tesla could do it “quite soon, […]

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Tesla has one store in Pennsylvania, another one coming soon, and last week the Pennsylvania State Senate capped the number it will be permitted to open to five. The compromise legislation came at the behest of … are you waiting to read “car dealers?” … the Alliance of Automobile Manufacturers. This is a trade group […]

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Tesla is still awaiting what is hoped to be a favorable ruling by the New Jersey State Senate to resume unfettered sales, but meanwhile it’s been OK’d for New Jersey’s first all-in-one sales, service, and Supercharging location in Paramus, N.J. On Thursday, the Paramus Zoning Board of Adjustment gave the green light to the electric […]

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Tesla giving access to its patents is opening many doors and following this, the Car Charging Group, Inc. announced its intention to integrate the Tesla Motors’ EV charging technology into Blink EV charging stations. The Car Charging Group describes itself as the largest owner, operator, and provider of electric vehicle (EV) charging services and owner […]

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New Jersey’s assembly approved a bill yesterday to allow Tesla to sell factory direct, but the battle for Tesla is not over. The next step is for the bill to be voted on by the N.J. senate and signed by Gov. Chris Christie. While the bill was crafted as a retort against the New Jersey […]

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Tired of being bashed as a “dinosaur” business model and various other unsavory descriptors, the National Auto Dealers Association is fighting back against Tesla on behalf of franchised car dealers. Actually, the NADA does not call out Tesla by name in a two-and-a-half-minute video and its Web page called “Get the Facts,” but who else […]

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Keeping the momentum going, Tesla said once it reaches 160,000 European sales, it intends to build a factory there, and its sales already exceed those of the United States. In the first four months of this year, the Fremont, Calif. company sold 3,467 Model S sedans into Europe according to JATO Dynamics. This compares to […]

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