Tesla Motors announced Wednesday it would issue up to 2.7 million to 3.1 million more shares of its common stock, Voelcker writes. Tesla Motors plans to use the proceeds of the offering to prepay the remainder of its $465 million low-interest loan from the US Department of Energy.
Tesla Motors has discussed battery swapping as part of the Model S electric car design at least since 2009, Fisher writes. Last week, Tesla Motors the company was planning to introduce features that allow for the rapid replacement of depleted battery packs.
Tesla Motors is a bright spot amid high-profile, federally-funded electric car flops. Tesla Founder Musk has found a way to bring high-tech pizzazz to a 'green' car drawing comparisons to Steve Jobs and Apple.
Which plug-in electric car is best for tall people? Green Car Reports offers the best and the worst of plug-in electric cars for very tall drivers.
Sarah Palin attacked Tesla in a Facebook post recently, lumping the electric car company in with other federally-funded, clean-energy failures. While Fisker Automotive is a fair target, Sarah Palin doesn't have the same argument when it comes to the more-successful Tesla Motors.
Tesla Motors announced late Sunday it exceded its sales target for its Model S electric car and expects to record a profit for the first time in the company's history. Meanwhile, its biggest luxury electric-car competitor, Fisker Automotive, is exploring filing for bankruptcy.
California is by far the largest single market for electric cars, Voelcker writes, and that means charging stations in public parking lots are now sometimes fully occupied, meaning they can't recharge their electric cars' batteries.
Tesla Motors CEO Elon Musk says the New York Times article on the company's Model S sedan cost Tesla Motors as much as $100 million, Ernst writes.
The Tesla vs. New York Times spat is a proxy for the debate on how to best decarbonize the transportation sector, Stepp writes.