Tesla, Panasonic Agree to Cooperate on U.S Gigafactory
The electric vehicle-maker Tesla Motors Inc. has teamed up with the Japanese electronics giant Panasonic Corp. for the construction and operation of the American carmaker’s so-called gigafactory, its...
View ArticleTesla’s Q2 Net Loss Widens to $62M
Tesla Motors Inc.’s net loss widened to $61.9 million in the second quarter even though it assembled and delivered record numbers of Model S electric cars. Also, the net loss was reported even though...
View ArticleConsumer Reports says, Tesla Model S has ‘more than its share of problems’
Consumer Reports says the electric carmaker Tesla Motors Inc. Model S sedan has had “more than its share of problems”. Last year, the Model S sedan received top marks from Consumer Reports. While the...
View ArticleTesla Extends Warranty on Model S to 8 Years
Electric carmaker Tesla Motors Inc. has announced the extension of the drive unit warranty of its Model S sedan. The warranty has been increased to match that of the battery pack and will now be...
View ArticleAudi Tests Driverless Car Technology
Audi has tested the most popular technology in the automotive industry today, driverless cars. Two Audi (NSU) RS7 performance sedans raced around a track in northern Germany and the car without a...
View ArticleAnti-Tesla Bill Reaches Michigan’s Governor’s Desk
A bill that would prevent Tesla Motors Inc. from selling electric vehicles directly to Michigan consumers has cleared the state’s legislative chambers. It is now awaiting the signature of Republican...
View ArticleTesla Offers Leasing Options for New Model S in U.S
Tesla Motors Inc. revealed a leasing policy for its new Model S. The new policy provides buyers in the United States the option to return the car within three months of purchase. In a blog post, Tesla...
View ArticleTesla’s Q3 Loss Doubles to $75 Million
The shares of Tesla Motors Inc rose more than 7 percent in after-hours trading on Wednesday. The electric-car maker beat analysts’ expectations for third-quarter results. The quarterly loss of the...
View ArticleTesla Gets N.J Lawmakers’ Backing to Sell Directly to Customers
Tesla Motors Inc. drew closer to resuming electric-car sales in New Jersey as a state Senate committee approved a rule to allow direct customer purchases. In June, the bill was passed unanimously by...
View ArticleTesla Plans Software Update for Model S
At a news conference held on Thursday, Tesla Motors Inc. has revealed a software update for its Model S vehicle. The update is designed to quell fears that drivers will run out of power for their cars,...
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