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Tesla’s gigafactory has echoes in the political spheres, but is also creating waves in the battery manufacturing and the mining industries. American Manganese Inc., a company mining in Arizona raw materials needed for EV batteries, added its views by stating where they would like to see raw materials sourced. According to the mining company, Tesla’s […]

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Tesla Motors’ fourth quarter and full-year 2013 financial news was received as overwhelmingly positive, with implications and projections for more growth ahead. Disclosure that Tesla delivered a record 6,892 Model S sedans last quarter was not actually news, as that was revealed last month in Detroit, but it did put icing on the earnings cake. […]

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As part of a broader story by Consumer Reports on its 2014 Brand Perception Survey, Tesla Motors was found to have climbed significantly upwards to now rank above several other established brands. In the minds of consumers, the start-up company rates higher overall than 15 other major automotive brands, not least of which include Mercedes-Benz, […]

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Today Tesla Motors said in addition to updated software to prevent house wiring from overheating under certain conditions, it will be issuing at no cost improved home charger wall adapters equipped with thermal fuses to trip in the event of overheating. Tesla does not say so in its press announcement, but there have been reports […]

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Yesterday Tesla Motors’ third quarter earnings were announced in an optimistically toned letter that highlighted everything positive it was doing around the world, and reported a modest gain by one accounting measure, and ultimately a loss. According to generally accepted accounting principles (GAAP), Tesla reported a loss of $38 million on revenues of $431 on […]

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It’s been said that a few years ago Tesla gave thought to a plug-in hybrid, but then left that perceptibly lesser task to makers like Chevrolet with its “extended-range electric” Volt, and now-collapsed Fisker with its ill-fated Karma series hybrid. This week, Tesla CEO and co-founder Elon Musk actually took critical jabs at the Volt […]

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Minutes ago, Tesla Motors released its latest shareholder letter divulging results from its second quarter this year. The start-up from Fremont, Calif. reports net income (non-GAAP) increased by 70 percent to $26 million over Q1. Sales for Q2 were a record of 5,150 Model S sedans to North America. The total since launch is now […]

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If you’ve had your eye on a new Tesla Model S but don’t care as much for the two month or so wait in line, there is a way to get immediate gratification: Buy one direct from the nearest Tesla retail store. Although it’s not actively promoted by Tesla, its U.S. and Canadian retail stores […]

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As announced in advance last month, Tesla Motors has become profitable for the first time in its 10 year history. Its profit for the quarter ending March 31 on $562 million in sales from delivery of 4,900 Model S sedans out of over 5,000 built was $11 million. Tesla also doubled its gross margin in […]

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A federal insider trading probe has recently been launched against Tesla Motors and Cardiovascular Systems Inc., a medical device company. Subpoenas were sent to executives at both companies by the U.S. attorney’s office for the Eastern District of New York requesting emails and documents related to a trading plan, according to the Wall Street Journal. […]

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