Friday was an important day for billionaire Elon Musk’s electric-car maker, Tesla Motors. Ten new sedans, called the Model S, rolled out the door during a ceremony at the company’s factory in Fremont.
As gas prices continue to climb steadily, so are electric car sales, and this has Bay Area cities gearing up for a driving revolution.
California air regulators have unanimously passed sweeping auto emission standards that include a mandate to have 1.4 million electric and hybrid vehicles on state roads by 2025.
Tesla Motors has described the next generation of all-electric vehicle to be manufactured at its Fremont plant as part mini-van, part SUV.
A one-alarm fire at the Tesla Motors facility in Palo Alto early Wednesday morning was extinguished by the building’s sprinkler system, a Palo Alto fire official said.
The rebates available to Californians who buy hybrid or all-electric vehicles will be smaller, but state officials hope the latest incarnation of the Clean Vehicle Rebate Project will reach more motorists.
The California Public Utilities Commission hopes to boost the widespread use of electric vehicles in California by unanimously approving new procedures to set up more charging stations.
Electric car upstart Tesla Motors Inc. said it will sell 5.3 million additional shares of stock for $28.76 in a secondary public offering.
As more and more consumers become interested in electric vehicles, Tesla Motors in Palo Alto is hoping to lead the foray into the next wave of cars.
Electric car maker Tesla Motors Inc. said it plans to raise up to $214.3 million by selling common stock.