Tesla (Page 190)

Tesla

Read the latest Tesla news here. At TorqueNews we cover Tesla’s automotive and financial news, and do reviews so that you can make the best decision when it comes to buying your next car, or if you’re just in the mood to learn a little about Tesla.

Tesla is one of the most well known names in the modern day automotive industry. It is the leading automotive manufacturer for battery powered cars. Yes, that means zero gasoline usage. It is without question that the evil genius behind this company, Elon Musk, has done anything except the abnormal. Their brand released their first car in 2008 and today in 2020 it is one of the most popular and practical options you can get on the market. Tesla’s have entered the market from the top down as they are quickly on their way to meet the $20,000 to $30,000 price mark, but their most popular models are $35,000 and above.

The brand is most noted by their quirky leader, their long range capabilities under one singular charge, their surprising performance aspects, and their cutting edge technology. Currently, the Model S holds the record for the longest range on one charge which was 370 miles, but Elon claims 400 miles is coming soon and also claims that the coming soon 2nd gen Tesla Roadster will not only be the fastest production car, but it will also have a range of 620 miles which is absurd.

The Current Tesla Lineup

Teslas Model 3 ————————————— Starting MSRP $35,000
Tesla Model S ————————————— Starting MSRP $75,000
Tesla Model X ————————————— Starting MSRP $81,000
Tesla Model Y ————————————— Starting MSRP $52,990

Follow Torque News Tesla reporters Guillaume Humbert, Paul Fosse and Tinsae Aregay for daily Tesla News.

Tesla repays loans in dramatic fashion

By John Goreham on May 22, 2013 - 6:12PM

Like all of its moves, today's announcement that Tesla had repaid all of its Department of Energy debt, was not without flair.

TheTesla Model S Chassis/batterpack. Photo © 2013 by Don Bain

Why Tesla is talking replaceable batteries and why it won't work

By Don Bain on May 18, 2013 - 4:48PM

Based on a recent Tweet from Elon Musk and a hint dropped in Tesla’s quarterly report, the firm may be working on a replaceable battery scheme to speed up recharging, or is at least promoting the notion it might have such intentions.

Tesla's $850 million stock offering to help company pay off Dept of Energy loans

By David Herron on May 16, 2013 - 4:52AM

A new offering from Tesla Motors of a $850 million package of common stock and convertible senior notes will be used to completely prefund payoff of the Dept. of Energy loans, as well as general corporate purposes.

Consumer Reports: Tesla Model S is the one of the best cars ever [video]

By Anthony Faccenda on May 9, 2013 - 1:49PM

The Tesla Model S has received a 99 out of 100 score from Consumer Reports, making it the highest-rated car on the road today.

Tesla Motors shows strong sales, big revenue growth for Q1 2013

By David Herron on May 8, 2013 - 6:30PM

Tesla Motors lived up to their promise to reach profitability for Q1 2013, based on stronger than expected sales and manufacturing efficiency improvements.

Tesla steals from Aston Martin, talks to Google about Auto Bots

By Aaron Turpen on May 8, 2013 - 12:28AM

Tesla has not only stolen key talent (and some say design cues) from Aston Martin, but is also talking with Google about making an electric robot car. In typical Silicon Valley fashion, bridges are being jumped at Tesla Motors.

Tesla tweaks Model S financing, giving higher resale value, and lower payments

By David Herron on May 3, 2013 - 2:51PM

After garnering criticism from the first version of the Model S financing program, Tesla Motors has tweaked the offering, giving even more guaranteed value.

Nissan Leaf soundly beats the Chevy Volt to lead US EV sales*

By Patrick Rall on May 2, 2013 - 2:36PM

The Nissan Leaf posted strong numbers for the second month in a row, comfortably beating the Chevrolet Volt to lead the American electric vehicle segment in April 2013 sales – although you should take special note of the asterisk.

Houston car dealer supporting direct car sales exemption for Tesla Motors

By David Herron on May 2, 2013 - 1:29PM

Going against the Automobile Dealers Association, who is seeking to block Tesla's sales model around the country, a Houston area car dealer makes the case that Tesla should be allowed to sell cars directly to the public because it would increase consumer choice.

Tesla unveils worlds best service and warranty program for Model S, X

By David Herron on April 26, 2013 - 3:10PM

Elon Musk unveiled new service and warranties that include unlimited battery pack coverage, top end Model S loaner cars, and invisible valet service.

Tesla Motors might make federal case out of dealership fight in Texas and elsewhere

By David Herron on April 16, 2013 - 12:20AM

Tesla is fighting in several states for the right to sell its electric cars in the way it deems best, via direct sales to customers, while going against the traditional independent dealership system.

Tesla passes Bentley in sales and looks ahead to higher levels of production

By John Goreham on April 10, 2013 - 3:16PM

Tesla claims production and shipment numbers that are quickly moving it out of the niche catagory and possibly into the levels of some mainstream brands.

Elon Musk pitches Texas legislature on right to sell Tesla Model S in Texas

By David Herron on April 10, 2013 - 1:20PM

Tesla's sales model is incompatible with laws in some states, and Texas law is so restrictive that Musk had to step in personally to lobby the Texas Legislature in support of a law creating a narrow exception that would allow specifically defined electric car makers to sell cars direct to customers.

March 2013 electric car sales best ever according to EDTA, led by Leaf and Model S sales

By David Herron on April 5, 2013 - 7:55PM

Nissan Leaf and Tesla Model S sales are surging, leading to the highest ever monthly sales of electric cars for March 2013.

Tesla's stock price (TSLA) swings wildly on profitability and lend-lease program news

By David Herron on April 5, 2013 - 3:57PM

Whether the price for Tesla Motors stock has fallen or risen this week depends on how broad of a horizon one sees.

Detroit Electric's new SP:01 electric roadster looks very much like an EV we have seen before

By John Goreham on April 4, 2013 - 10:15AM

Claiming the car sets the benchmark for EV performance, we have a strange feeling of deja vu when we look at the car and consider the business plan.

Tesla ownership calculator does not add up

By John Goreham on April 3, 2013 - 4:28PM

Mr. Musk promises a True Cost of Ownership of $500, but a close look reveals the price for even the most basic Model S is over a thousand per month even with an adjustment for not buying gas.

Project100 buying 100 Tesla Model S's for Las Vegas car sharing program

By David Herron on April 3, 2013 - 3:24PM

Aiming to use the Model S's as part of a comprehensive transportation system allowing people to 100% eliminate the need for owning a car, Project100 has placed the single largest Model S reservation until now.

An image of the TeslaX from the public website.

It's High Noon for Tesla in Texas

By Don Bain on April 2, 2013 - 11:46PM

The Texas Auto Dealers are taking Tesla to the legislature in Austin tomorrow, and Tesla CEO Elon Musk is all a-tweet to rally his rebels to the electric car cause before the final showdown.

Tesla Motors adds amazing $500ish/month Model S financing offer

By David Herron on April 2, 2013 - 7:18PM

Moving to make Tesla Model S ownership more affordable, the new financing deal gives prospective Model S owners peace of mind from the certainty of knowing ahead of time the cost of owning an electric car.

Tesla Motors expecting first ever profit after steep losses in 2012

By David Herron on April 1, 2013 - 12:13PM

On the back of stronger than expected sales and production, the company ends several years of posting losses with the first profit ever for Tesla Motors.

Tesla will artificially reduce driving range of some 2013 Model S sedans

By John Goreham on April 1, 2013 - 11:54AM

Having dropped the entry level Model S, Tesla will now provide a more range-capable car, but limit the range with a software lock.

Mercedes launching B-Class Electric Drive in 2014, starting in the U.S.

By David Herron on March 27, 2013 - 6:26PM

The Mercedes B-Class Electric Drive features a drive train designed by Tesla Motors, luxury features you'd expect from Mercedes, and is due to go on sale in early 2014.

Tesla's announcement for Thursday has Musk putting his money where his mouth is

By David Herron on March 25, 2013 - 5:37PM

Tesla's stock price popped today after an obtuse Elon Musk tweet promised a big announcement and implied a bigger investment in the company.

Tesla Model S deliveries over 500 per week, with over 12 million electric miles driven

By David Herron on March 21, 2013 - 9:32PM

Tesla is now delivering Model S's at a rate roughly 25,000 per year, well above the 20,000 per year production goal, and in total Model S owners have driven over 12 million electric miles.

Tesla SEC filing reveals Model X electric SUV production delayed until 2014

By David Herron on March 11, 2013 - 3:04PM

In what may be growing pains for start-up electric automaker Tesla Motors, their fiscal year 10-K filing reveals that Model X production won't begin this year.

Tesla speeding up to repay DOE Loan five years early by 2017

By David Herron on March 8, 2013 - 6:08PM

Tesla Motors announced a plan to speed up repayment of their DOE loan, cutting the time in half.

Battery breakthrough are down the rioad, current technology works

Do We really Need Battery Breakthroughs For Electric Cars?

By Nicolas Zart on March 8, 2013 - 1:10PM

Battery breakthroughs are exciting but they are years down the road. Lithium-ion technology works today and the results are impressive.

Tesla Motors reports massive losses for 2012, profitability in 1st quarter 2013

By David Herron on March 8, 2013 - 1:13AM

Tesla Motors' management expects to immediately shift from massive losses while preparing for Model S sales, to immediately become profitable due to Model S sales.

Tesla Motors delays yearly 10-K SEC filing, investors yawn

By David Herron on March 4, 2013 - 3:17PM

When a company misses deadlines to file financial reports it's a big red flag, but when Tesla failed to file it's fiscal year 2012 SEC report the investors yawned and sent the stock price up 2.4%.

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