Cars
Chrysler to Tesla: Not So Fast, We Were the First to Repay Government Loan
After Audi, it's Chrysler's to turn its guns on Tesla, only this time, it's not about a sales report from a news agency, but it regards a press statement made by the maker of the battery-powered Model S. On Wednesday, Tesla announced that it paid off in full a $465 million loan that the Energy Department made in 2010, nine years earlier than scheduled. In the statement, the California-based company also added, "Following this payment, Tesla will be the only American car company to have fully repaid the government."
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Elon Musk Replies To Chrysler: You’re Not American, You Still Owe $1.3 Billion
Tesla Motors CEO Elon Musk is not one to back down from a public dispute. The latest one started with Tesla’s announcement that it had repaid in full its government loan, with the release adding that it is the first American carmaker to do so....
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Audi Responds To Report About Tesla Model S Beating Its A8's Sales [updated]
Tesla can add another star to its belt of pride after Audi of America came out with a rather lame press statement concerning a report from CNN Money, which said Tesla sold more Model S sedans in U.S. during the first quarter of the year (4,750 examples)...
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Tesla Asked Customers To Pay For Cars Early To Help Report Its First-ever Quarterly Profit
Tesla Motors recently announced that it recorded its first-ever quarterly profit, a very important step for the company that took government loans to develop an relatively affordable electric saloon. Whether the Model S is a truly affordable EV is another...
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Tesla Working On All-electric Toyota Rav4 And Lexus Rx Prototypes
Electric car partners Toyota Motor Corp. and Tesla Motors will develop battery-powered prototypes of the Japanese automaker's Toyota RAV4 and Lexus RX crossovers according to a news report from Businessweek citing "a person familiar with the...
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Tesla Wants $400 Million Bailout Loan - Anyone Else?
Everyone wants a piece of the (bailout) pie; even tiny Tesla Motors. The Associate Press reported that the Silicon Valley-based electric car joined Detroit's Big Three automakers in their bid to get a $25 billion government aid. Tesla was said to...
Cars