Articles Tagged Press Release
Articles tagged "Press Release"
PALO ALTO, Calif., February 26, 2014 – Tesla announced today an offering of $1.6 billion aggregate principal amount of convertible senior notes in an underwritten registered public offering. Of the total offering, Tesla will offer $800 million aggregate principal amount of convertible senior notes due 2019 and $800 million aggregate principal amount of convertible senior notes due 2021.
PALO ALTO, Calif., January 29, 2014 – Tesla announced today that it will post its financial results for the fourth quarter and full year ended December 31, 2013, after market close on Wednesday, February 19, 2014. At that time, Tesla will issue a brief advisory release via Marketwire containing a link to the fourth quarter and full year 2013 Shareholder Letter, available on the company website. Tesla management will hold a live question & answer webcast at 2:30pm Pacific Standard Time (5:30pm Eastern Standard Time) to discuss the Company's financial and business results and outlook.
AMSTERDAM, the Netherlands – This week, Tesla officially opens new Supercharger locations connecting the Netherlands, Germany, Switzerland, and Austria. These newly-energized routes will enable Model S customers to enjoy free, convenient, 100 percent electric trips on the German Autobahn and to destinations in the Alps and elsewhere.
PALO ALTO, Calif. – Tesla sales in the fourth quarter of 2013 were the highest in company history by a significant margin. With almost 6,900 vehicles sold and delivered, Tesla exceeded prior guidance by approximately 20%. A higher than expected number of cars was manufactured as a result of an excellent effort by the Tesla production team and key suppliers, particularly Panasonic.
The two key drivers of demand were the superlative safety record of the Model S and great performance under extremely cold conditions.
PALO ALTO, Calif. – A variety of factors such as corrosion, physical damage to receptacles, or inappropriate wiring or installation of electrical outlets can cause higher than normal electrical resistance when using the Universal Mobile Connector (“UMC”) NEMA 14-50 adapters to charge Tesla Model S vehicles. When charging, higher than normal electrical resistance connections to external energy sources may cause excessive heating of the adapter.
PALO ALTO, Calif. – The National Highway Traffic Safety Administration (NHTSA) has reaffirmed the 5-star safety rating of the Tesla Model S overall and in all subcategories for Model Year 2014, confirming the highest safety rating in America. While Tesla is awaiting feedback from NHTSA regarding their investigation of recent fire incidents, the German Federal Motor Transport Authority, Kraftfahrt-Bundesamt (KBA), recently concluded its review of the incidents, finding no manufacturer-related defects or need for further action.
German Federal Motor Transport Authority (Kraftfahrt-Bundesamt) Concludes Review of Model S Incidents
PALO ALTO, Calif. – Tesla received a recent inquiry from the German Federal Motor Transport Authority, Kraftfahrt-Bundesamt (KBA), regarding the Model S post-crash fire incidents in Seattle, Tennessee and Mexico. The KBA is the German authority in charge of motor vehicle regulation. They have the power to initiate and perform investigations, and compel recalls. In response, Tesla provided the KBA with data and additional information regarding each of these incidents.
PALO ALTO, Calif.-- Tesla Motors today announced the opening of the West Coast Supercharger Corridor, energizing a network of stations that enable Model S owners to travel for free between San Diego, California and Vancouver, British Columbia.
OSAKA, Japan / PALO ALTO, Calif. -- Panasonic Corporation and Tesla Motors today announced that the two companies have reached an agreement in which Panasonic will expand its supply of automotive-grade lithium-ion battery cells to Tesla. With this agreement, the two companies update and expand their 2011 arrangement to now supply nearly 2 billion cells over the course of four years.
PALO ALTO, Calif.-- Tesla Motors has hired Doug Field to be its Vice President of Vehicle Programs, responsible for driving development of new vehicles. Doug is an accomplished leader and engineer of innovative, high-technology products, most recently serving as Vice President of Mac Hardware Engineering at Apple. Doug led the development of many new products at Apple including the latest MacBook Air, MacBook Pro, and iMac. Doug began his career as an engineer at Ford Motor Company.