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Revitalizing downtown Las Vegas with 100 Tesla Model S cars

2013-04-02 21:09:35| CNET News.com

The Teslas will be part of a transportation system designed to free people from owning cars and at less than the monthly cost of traditional car ownership. [Read more]

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Biz Break: Apple CEO says 'I'm sorry,' Tesla CEO says 'I'm winning!'

2013-04-02 16:07:23| Oil & Gas - Topix.net

Today: Apple CEO Tim Cook apologizes for Chinese warranty policy, but stock crumbles even more as Exxon takes Wall Street title.

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Tesla Motors expects first profit; Fisker Automotive eyes bankruptcy

2013-04-02 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Christian Science Monitor: The contrasting narratives are not unusual in an electric car industry marked by highs and lows. Fisker shut down production of its plug-in hybrid Karma last November after its battery manufacturer declared bankruptcy. It has struggled, and failed, to restart production of the luxury sedan ever since. Tesla is no stranger to hiccups either. A calamitous February test drive by a New York Times reporter created a public relations headache. The ensuing spat between Tesla and the Times raised questions...

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Accelerated Model S sales drive Tesla into the black

2013-04-02 11:42:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: Tesla has posted its first quarterly profit after the electric car manufacturer recorded higher than predicted sales of its Model S sedan. A company statement released on Sunday said vehicle sales in the first three months of this year exceeded 4,750, comfortably beating its target of 4,500 units. It added that "as a result, Tesla is amending its Q1 guidance to full profitability", although no exact figure has yet been given. "There have been many car start-ups over the past several decades,...

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Tesla expects first-quarter profits after strong demand for Model S

2013-04-01 19:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Electric-car maker Tesla said it expects a first-quarter profit on both a net and adjusted basis following stronger-than-expected sales of its Model S sedan, sending its shares soaring more than 19% in early trading on Monday. Tesla also said it was dropping plans to produce a low-end version of the Model S due to lack of demand, and will focus instead on higher-margin editions of the car. Model S sales exceeded 4,750 units in the quarter, higher than the 4,500 Tesla had forecast, the company...

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