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Yesterday Daimler AG announced it has reorganized its cooperation with Tesla Motors Inc. In doing so, the German automaker terminated the share-price hedge it initiated in 2013 and has sold its approximately 4-percent stake in Tesla. Daimler explained it initially acquired a 9.1 percent interest in Tesla in May 2009 for an estimated $50 million. […]

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Want your Tesla Model S to stand out even more? Tesla tuner Unplugged Performance has released a Tesla Model S specific set of wheels. Announced today,the UP-01 wheel upgrade package has been co-developed and produced by world renowned wheel manufacturer BBS. “The long term vision for Unplugged Performance is to fill the role as the […]

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BMW’s new i-series is boosting BMW’s global image, and in the U.S. the automaker intends to boost availability. The company has sold 3,104 i3s from May-September in the U.S. this year, and the i8 sold nine when launched in August, 58 in September, and it is sold out at BMW dealers through to 2015 showing […]

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As a testament to the company’s ambitions, Tesla’s Model S has been available in Japan since early September. This new market availability follows the introduction in June of the Model S in right-hand drive configuration to the UK market. Japan, like the UK, requires drivers to be on the right side of the cockpit, as […]

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Tesla has had an up-and-down history with its direct-to-consumer sales model, with states like Arizona, New Jersey, Maryland, Texas and Virginia coming down hard against the California-based start-up. Now, according to a story in the Des Moines Register, Iowa is another where dealer lobby groups have restricted how Tesla operates in the state. The issue […]

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After the dust settled in the Nevada legislature from last week’s drawn-out approval of Tesla new Gigafactory, the company continues to be in the news today. Perhaps the most important nugget came from analyst Adam Jonas from Morgan Stanley — described by Automotive News as “one of Tesla Motor Inc.’s strongest supporters on Wall Street” […]

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After three long days of special legislative sessions, the Nevada government finally approved the $1.3 billion bundle of tax breaks and other incentives needed to bring the Tesla Gigafactory to the state. During a signing ceremony, Nevada Governor Brian Sandoval said that the deal “changed the trajectory of our state forever,” and that “We made […]

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When Tesla Motors CEO Elon Musk and Nevada Governor Brian Sandoval announced that the company’s new battery Gigafactory would be built just outside Reno, the impression left was that there were few details left to discuss. Apparently not. Earlier this week, state legislators were called in for a special legislative session in order to hammer […]

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Tesla, who has continually confounded critics over its stock price, managed to set a new record after it closed at $284.05 a share yesterday, a 5.3 percent increase from its previous high on August 28. Several factors were at play here, including a recent deal struck with China Unicom — the second-largest mobile phone company […]

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For all the armchair pundits and paid journalists out there sloshing around the data bits regarding ELR versus Model S, recently GM said the Volt-based coupe is not positioned as GM’s response to Tesla, but GM has previously said it is a competitor. Last Thursday the Detroit News quoted Mark Reuss, GM’s head of global […]

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