Tesla is making a big name for themselves. As if the Model S and and Roadster weren’t enough, the battery-powered company is planning to introduce more models to their lineup: the Model X, as they plan to call it, will be an electric crossover based on the same architecture as developed by Lotus, the Versatile...
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Here at the AutoGuide office, we are quite fond of the Tesla Roadster. We like its battery technology, its range, and most of all its amazing performance. It certainly has shown us a glimpse of the future, and thankfully its not boring. However, the Roadster model is quite expensive and impractical and Tesla is aware...
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Tesla‘s Model S Sedan will be profitable for the company, even at lower volumes thanks to its cheaper batteries. While Tesla says it only needs 20,000 vehicles a year to make money, whereas competitors like Nissan need to move 500,000 units annually to amortize the R&D costs of their EV systems. Tesla’s battery systems are...
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Tesla Motors share price feel by roughly 15 percent Monday as company insiders rushed to dump their shares after the expiration of a 180 day limit on selling their stock holdings. The shares being sold were previously not available on the open market, and were reportedly offered to investors and other insiders as a form...
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Tesla Motors announced that 3,000 people have submitted their deposits for a Model S sedan. Slated to go into production in 2011, Tesla also announced that crash testing and other necessities will begin next year, with deliveries starting in 2012. So far, Tesla has sold 1,400 Roadsters, and is helping automakers like Toyota and Mercedes-Benz...
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By getting into the holiday spirit and putting up some outdoor lights on your house, you could win a two nights at the Ritz-Carlton and a test drive in a Tesla electric supercar from Sunday Drive. The challenge, which is called “Candy Cane lanes,” gives you the chance to take a test spin in one...
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With all the introductions of next-generation electric cars at this year’s Los Angeles Auto Show, it’s safe to say that they’re becoming the vehicles of the future. Whether or not electric cars and/or hybrids will fully replace what we’ve known to love over the last decades, we won’t know for a while, but it’s nice...
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The next product from Tesla is not the long awaited Model S sedan, but something far more plebian – a Toyota RAV4 using a Tesla derived battery pack and electric propulsion system. Toyota just released this teaser photo the RAV4 EV, but don’t hold your breath for too long. It’s hard to imagine this car...
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When we test drove the Tesla Roadster Sport 2.5 , we did our best to provide you with an accurate impression of what it feels like to drive something so completely different from anything else on the road. Even with the limited range, the lack of practicality and the huge pricetag, we would still have one without...
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We guess Tesla didn’t want to feel left out. Now, they can say that they are the fourth niche manufacturer in recent time that has had to issue a parts recall for a vehicle defect. The problem is an overflowing 12V auxiliary cable that is rubbing against a carbon fiber panel on one of the...
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Toyota‘s initial investment of $50 million in its partnership with Tesla will also cost the company another $60 million in development costs needed to bring its RAV4 EV to market. The $60 million is, according to SEC filings, for services rendered by Tesla, and any future components will require additional funds. Tesla took over Toyota’s...
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General Motors is attempting to trademark the phrase “range anxiety”, a term that apparently describes how electric car owners feel when the battery charge drops to near empty levels. GM Spokesman Rob Peterson confirmed the move to the New York Times, but gave no timeline on when the process would be complete. “We’ve been told...
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As a sideshow to the new 2011 CLS, Mercedes-Benz will display a production version of the A-Class EV at the Paris Motor Show. Called the A-Class E-Cell, the limited-run electric car will be powered by 40kW lithium-ion batteries and additional components provided by U.S. electric car maker Tesla Motors. The vehicle’s range is expected to...
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With electric versions of the Audi R8 and Mercedes-Benz SLS on the horizon, Toyota is looking for its own electric halo vehicle to bring the fight to the Germans, similar to how the Japanese automaker did with their Lexus LF-A flagship. With electric motors at all four wheels and selectable driving programs, the Toyota mimics...
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Tesla Motors and Toyota have announced that they are working on an all-electric version of the Toyota RAV4. Tesla expects to deliver the prototypes by the end of this year, with the car going on sale in 2012. Electric vehicle nerds will remember that this isn’t the first time an electric RAV4 has been sold....
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In a followup to the story we brought you yesterday about Toyota‘s new electric vehicle prototypes that are being built by American electric sports car maker Tesla Motors, the actual vehicles in question are reported to be the RAV4 crossover and Lexus RX luxury crossover. The reason for the use of crossovers is believed to...
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After reports last week that Toyota has already begun building a prototype electric car using Tesla battery technology, it now appears that that Tesla is also engaged in the prototype process. The American manufacturer of electric sports cars has announced that by the end of the month it will deliver two prototype models to Toyota...
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Toyota has already begun building an electric vehicle prototype using Tesla’s battery technology confirms company CEO Akio Toyoda. The comments were made during a meeting with journalists in Nagoya, Japan. That news does not, however, mean that a production EV will make it to market combining Tesla’s innovation and Toyota’s reputation for quality and its...
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Most of us are probably more comfortable looking at a dyno graph than any sort of financial data, but believe it or not, the AutoGuide staff actually have interests outside of cars, and for some of us, that includes finance. The Tesla IPO was one story that came to our attention, as it was the...
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Hot on the heels of Tesla’s IPO (which is down $1.89 as of 3:40 PM today) comes their newest product, the Roadster 2.5, which receives a host of largely inconsequential updates designed to keep an old model in the public eye just a little bit longer (perhaps Tesla isn’t that different after all). The Roadster gets the...
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Los Angeles based rapper J Brave describes himself as an “MC, poet, activist for peace, and visionary…”, so we can understand why he would shun Maybachs and Bentleys in his lyrics in favor of the eco-friendly, uber-liberal chariot known as the Tesla Roadster. Unfortunately for J Brave, his rap song “Dippin In My Tesla” doesn’t quite...
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Despite never turning a profit and selling as few as just 1,000 vehicles, Silicon Valley electric car maker Tesla Motors has raised $226 million in an initial public offering. Even more amazing is the fact that Tesla was able to generate such investment in the midst of a still shaky economic recovery that has seen...
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American electric car maker Tesla is about ready to launch its IPO and go from a small niche market automaker to possibly a large international electric vehicle powerhouse. But in order to make hat next big step CEO Elon Musk needs money, and lots of it. So before he opens up his company to the...
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The end goal for most venture-capital financed start-ups is to issue an IPO and help get some money into the hands of those investors brave enough to give the company money at the early stages. Tesla Motors, perhaps the first Silicon Valley car company(and headed by Elon Musk, a former dot-com executive), is about to...
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