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Tesla Posts Loses in Q3

Posted by Lloyd On November - 10 - 2010 ADD COMMENTS

So, looks like Tesla is down 31 percent from a year ago. They are losing nearly eight times compared to last year. In Q3 Tesla lost $34.9 million, which if you calculate is up 7.6 times from the year before ($4.6 million).

Model S assembly line opens– YESSS!

Posted by Lloyd On October - 29 - 2010 ADD COMMENTS

The Giants are kicking some Texas butt and Tesla is starting its Model S assembly line. Magic is happening in California. Keep Reading…

Tesla Showroom opens in Tokyo Japan

Posted by Lloyd On October - 26 - 2010 ADD COMMENTS

Tesla Motors, opened its first Asian showroom in Tokyo. The area of choice can be said to be an “upper class neighborhood”. This was done most likely to attract the uber rich Japanese looking to drive the next hot vehicle.

Top Gear reviews the Roadster– they aren’t fans!

Posted by Lloyd On October - 25 - 2010 5 COMMENTS

Top Gear, popular show hosted in London reviewed the Tesla Roasters. The host, Jeremy Clarkson was quite eager and excited as he started the tests on the car. Things soon went the wrong way. Watch this video and see what happens.

Kid Freaks out in a Tesla Roadster

Posted by Lloyd On October - 24 - 2010 ADD COMMENTS

An owner of a Tesla Roadster get his kid to join him on a spin around town in a new Tesla Roadster. The resulting video is too funny. The Tesla took the kid around from to to 60 in under 4 seconds. Watch what happens next…

Win a Tesla Roadster

Posted by Lloyd On October - 18 - 2010 4 COMMENTS

InterPark is giving away some green wheels! Grand Prize is a 2 year lease on an all-electric Tesla Roadster.
First Prize: 3 year lease on a Toyota Prius.
Second Prize: pair of Trek 7.6FX Bicycles.

Keep reading, then sign up to WIN!

Motor Trend visits Tesla’s new HQ

Posted by Lloyd On October - 18 - 2010 1 COMMENT

Check out this interesting article by Kim Reynolds from Motor Trend.

“My last stop on the tour of Tesla’s sprawling new headquarters/engineering center/battery-and-motor assembly line/and early production site for the Model S … was an employee vegetable patch. It wasn’t part of the schedule. But I’d heard about it, and being a Southern Californian, I had to see if this wasn’t some sort of Northern Californian put-on. But there it was, atop a small hill that partially encloses the bunker-like battery testing facility where Tesla’s favored little 18650 cells…”

Tesla’s CEO Elon Musk just announced news that Tesla has landed a $60 million dollar contract with Toyota. Tesla will be developing the drive-train of an all electric version of Toyota’s RAV 4.

The details are: Tesla would develop the battery systems, transmission, electric motors, …

Watch the Roadster WIN a Drag Race

Posted by Lloyd On October - 16 - 2010 ADD COMMENTS

Tesla Roadster goes up on a track against from fast, fire breathing cars and kicks their butt. Have to watch to video!

History of Tesla Motor Investors

Posted by Lloyd On October - 16 - 2010 ADD COMMENTS

Tesla was incorporated in 2003 as a visionary start up consisting of Martin Eberhard, Marc Tarpenning, Ian Wright, and an unfunded business plan. The company was looking for an initial round of funding to create an advanced prototype. Series A funding $6.5 million came together in later in the year, with $6.35 million of that contributed PayPal co-founder Elon Musk.

The first external venture capital investment round of $7.5 million …