Panasonic Corporation and Tesla Motors today announced that Panasonic has invested $30 million in Tesla. The investment was made through the purchase of Tesla common stock in a private placement at a price of $21.15 per share. The investment builds upon a multi-year collaboration of the two companies to accelerate the market expansion of the [...]
Tesla Motors and Toyota are going to work jointly on the development of electric vehicles, parts, production system and engineering support. Toyota is going to invest $50 million in Tesla stock immediately after their IPO, and Tesla is purchasing the NUMMI plant that Toyota once produced vehicles in as part of a joint venture with General [...]
As part of its 150th anniversary, TAG Heuer iscelebrating its motor-racing heritage in a round-the-world tour with partner Tesla Motors. Through the Odyssey of Pioneers, the two brands will share their values of innovation, performance, precision and energy-efficient luxury.From March through October 2010, TAG Heuer’s sustainable conscious “Odyssey of Pioneers” exhibition and roadshow, will visit [...]
Daimler is actively seeking to become the leader in zero emmision, sustainable mobility. In 2009, Daimler bought a 10% stake in Tesla Motors, the only production automaker selling a highway capable electric vehicle in North America and Europe. The two companies had already been working closely to integrate Tesla’s lithium-ion battery packs and charging electronics into the [...]
Tesla Motors, producer of the world’s only highway-capable EV, is now offering the option of leasing their all electric Roadster and Roaster Coupe. The new program will allow customers to take immediate delivery of a new 2010 Roadster or Roadster Sport with a three year, 30,000 mile contract.
Secretary of Energy Steven Chu announced the Department of Energy has closed its $465 million loan with Tesla Motors, Inc. for construction of a manufacturing facility in southern California on the Model S electric sedan and a power-train manufacturing facility in Palo Alto, California. The Palo Alto facility will assemble electric vehicle battery packs, electric [...]
NEW YORK — Advertising Age selected electric vehicle manufacturer Tesla Motors as one of “America’s hottest brands” in a special report highlighting the year’s 50 brightest brands and the visionaries behind them. Rather than depending on conventional advertising, Tesla has relied on the quality of its product and word-of-mouth recommendations from early customers to promote [...]
Coober Pedy, South Australia Tesla Roadster owner Simon Hackett and co-driver Emilis Prelgauskas completed 313 miles (501 km) in a Tesla Roadster on a single charge – a distance that appears to set a new record for a production electric vehicle.
Two auto industry veterans with deep engineering and manufacturing expertise have joined the leadership team of Tesla Motors. SAN CARLOS, Calif.-Peter Rawlinson, Vice President and Chief Vehicle Engineer, is responsible for the technical execution and delivery of the Model S, and for leading a world-class vehicle engineering team. He led vehicle engineering at Corus Automotive, [...]
Fjord Capital Partners announced that it has participated in the “Series F” funding round, raising $82.5 million, for Tesla Motors Inc. Tesla Motors Inc. is a designer and manufacturer of all electric vehicles (EVs) together with their power train and battery packs. It is the world’s first all electric sports car manufacturer, with a range [...]