Daimler AG says it has sold its 4 percent stake in electric car maker Tesla for $780 million.
The Tesla ‘D’ will feature dual motors, and all wheel drive, which links the wheels electronically, as opposed to a shaft that connects most all wheel drive systems.
lon Musk put all the Tesla fan boys and girls in a tizzy when he tweeted out a cryptic photo Oct. 1 leading up to Thursday’s big announcement of a new electric car model.
We are a week away from knowing what the next big thing from Palo Alto electric car-maker Tesla.
NASA is a giant step closer to launching Americans again from U.S. soil, and one of the likely contenders is SpaceX, the private rocket company formed by PayPal and Tesla co-founder Elon Musk.
An unprecedented package of economic incentives to bring Tesla Motors’ $5 billion lithium battery factory to Nevada won unanimous approval from the state Legislature late Thursday and Gov. Brian Sandoval was preparing to quickly sign it into law.
Opposition emerged Wednesday as Nevada lawmakers began negotiating over whether to approve a complex package of up to $1.3 billion in incentives for Tesla Motors in a special session ordered by Gov. Brian Sandoval to seal the deal to bring the electric car-maker’s $5 billion battery factory to the state.
Nevada Gov. Brian Sandoval announced Thursday that Tesla Motors will build a massive battery factory in the state as long as legislators approve tax breaks and other incentives worth up to $1.3 billion over 20 years.
Known for its annual music festival, the Coachella Valley in Southern California has emerged as a potential location for Tesla Motors to build its widely anticipated battery factory.
Electric car maker Tesla Motors says it has extended the drive-unit warranty for its Model S sedan to make it good for eight years and unlimited miles.