Tesla very nearly became a part of Google when the electric car company was cash-strapped and on the verge of bankruptcy, according to a published report.
Tesla is getting hammered on a report that its new Model S registrations in China fell 45-percent in February from the month before.
Luxury electric car maker Tesla Motors is making its Model S sedan faster and safer in an effort to compete better with other high-end sedans.
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.
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.
Tesla Motors has selected Nevada for a massive, $5 billion factory that it will build to pump out batteries for a new generation of electric cars.
Earlier this week, budget watchdogs wrote an open letter warning five states, including California, not to offer too many incentives to Tesla.