As Tesla Motors goes against the tide to establish its non-franchised retail stores and service centers to support its Internet-based sales, implied and stated allegations and assertions have clouded complex issues. Among these are the question whether Tesla has become a darling of the public and media and is getting off easy while garnering lots
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Elon Musk who has already committed to personally to guaranty resale values for Model S buyers is again putting his money where his mouth is. The maverick CEO and Tesla co-founder intends to purchase $100 million worth of common stock announced as being made available for public sale today and expected to raise about $830
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Tesla CEO Elon Musk said recently that a logical progression for Tesla vehicle evolution will in time include an “autopilot system” similar in concept but with less cost-intensive technology than that now being tested by Google. “Self-driving cars are the natural extension of active safety and obviously something we should do,” Musk said in an
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Tesla Motors announced today that it is raising the Model S resale value guarantee. Tesla said this makes it the highest resale value of any premium sedan brand made in volume (excludes rare, low volume or limited edition vehicles). Buying a Model S through the Tesla financing offering now comes with a guarantee that the
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In its continual efforts to do things automotive just a little bit differently – or very different – Tesla Motors announced today an optional new service loaner policy to enhance “peace of mind” for owners of its Model S. Should Model S customers need servicing for any issue, the $600 per year package entitles them
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Commenting last Friday on Facebook about Fisker’s expected bankruptcy, Sarah Palin lumped in other projects that have been smiled upon by the Obama administration, and called the Chevy Volt and Tesla “losers.” On Monday, Tesla CEO Elon Musk answered via Twitter that he was “deeply wounded.” The exchange via social media outlets has been seen
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Tesla has fought numerous battles against auto dealer associations as it defends its retail store model, and most recently, a pointed internal e-mail aimed at issues deep in the heart of Texas written by CEO Elon Musk was leaked. Tomorrow Musk plans to attend a Texas House committee meeting to support Tesla-backed legislation that could
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Wanting to dispel any speculation that Tesla might have been “booking vehicles as sold that were not actually sold” to inflate its results, CEO Elon Musk said a letter his staff sent to prospective buyers last month was “overzealous.” This he said in an interview with Bloomberg of an e-mail sent in March to customers
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Following Tesla’s throw down of cold hard data intended to leave no doubt that New York Times reporter John M. Broder fudged a run-out-of juice scenario with its 85-kwh Model S, the reporter wasted no time in responding. Tesla’s blog post was bylined by Elon Musk and insinuated Broder demonstrated a lack of common sense
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Positive news keeps piling up for Tesla Motors. First came the announcement at the beginning of November that the company’s Model S received Automobile of The Year from Automobile magazine. Only a couple weeks later Motor Trend bestowed the Model S with the honor of Car of The Year award. Now, as he said the company would, Tesla’s CEO, Elon
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