Articles Tagged Press Release

Articles tagged "Press Release"


Tesla Motors Reports Third Quarter Results

PALO ALTO, Calif. – Tesla Motors, Inc. (Nasdaq: TSLA) today announced its preliminary unaudited financial results for the quarter ended September 30, 2010. Revenues for the third quarter of 2010 were $31.2 million, a 10% increase from the $28.4 million reported in the prior quarter. Gross margin improved to 30%, up from 22% for the prior quarter. Net loss for the quarter was $34.9 million as compared to $38.5 million in the prior quarter.

Tagged: Press Release

Panasonic Invests $30 Million in Tesla

PALO ALTO, Calif. - Panasonic Corporation and Tesla Motors today announced that Panasonic has invested $30 million in Tesla. The investment was made through the purchase of Tesla common stock in a private placement at a price of $21.15 per share. The investment builds upon a multi-year collaboration of the two companies to accelerate the market expansion of the electric vehicle.

Tagged: Press Release


Tesla Motors Opens Tesla Factory – Home of the Model S

FREMONT, Calif. - Tesla today unveiled the Tesla Factory where it will build the Model S and future Tesla vehicles.

The former NUMMI factory closed in April 2010. Tesla purchased the factory in May. The Tesla Factory is the only auto assembly plant in California, and the first facility dedicated exclusively to the mass production of electric vehicles.

Tagged: Press Release

Tesla notifies SEC of Agreement with Toyota to Develop Electric Version of RAV4

PALO ALTO, Calif. - Today Tesla Motors (NASDAQ:TSLA) filed an 8-K with the Unites States Securities and Exchange commission to disclose its agreement with Toyota Motor Corporation to develop an electric powertrain system for the electric version of the RAV4.

The form can be found here, or the text is below:

Tagged: Press Release

Tesla Initiates Voluntary Recall After Single Customer Incident

PALO ALTO, Calif. - Tesla Motors has launched a voluntary safety recall on Roadster models 2.0 and 2.5. The recall involves the 12v low voltage auxiliary cable from a redundant back up system that provides power to various systems, including the headlamps, taillights, turn signals and hazard lights, and airbags in the unlikely event the primary 12V power fails or drops below a minimum threshold value.

Tagged: Safety and Press Release


Tesla Roadster arrives in Paris at conclusion of historic world tour

PARIS – A Tesla Roadster traveling around the world will conclude its epic voyage Sept. 29 when it arrives in Paris for a spectacular gala.

Sponsored by electric carmaker Tesla Motors and TAG Heuer to commemorate the Swiss watchmaker’s 150th anniversary, the Odyssey of Pioneers has traveled through hundreds of towns and 16 major cities worldwide.

Tagged: Press Release

Tesla Announces Go Electric Roadster Tour

PALO ALTO, Calif. – Tesla Motors kicks off its Go Electric Roadster Tour to introduce the Tesla Roadster -- the only highway-capable electric sports car – to new cities across North America. Special test drive events will be offered from Nova Scotia to Salt Lake City to Atlanta, proving that the Roadster truly is a vehicle for all seasons.

Tagged: Press Release

Tesla Roadster Roars into the Lion City

SINGAPORE – Tesla Motors (NASDAQ:TSLA), manufacturer of the only highway-capable electric sports car, the Tesla Roadster, announced today that sales have commenced in the Republic of Singapore. Tesla will directly sell and service the Roadster through a unique arrangement of wholly-owned outlets.

Tagged: Press Release

Tesla to open Paris store next week


PARIS — Electric vehicle manufacturer Tesla Motors (NASDAQ:TSLA) will open its newest showroom Sept. 30 in the heart of Paris, just in time for the 2010 Paris Motor Show.

Tesla’s 14th worldwide store, at 41 Avenue Kléber, is walking distance to the Arc de Triomphe and Champs Elysées, with a view of the Eiffel Tower. The Paris store will serve Tesla owners throughout France, Belgium and the Netherlands – and offer test drives to prospective customers visiting the capital for work or pleasure.


Tagged: Stores and Press Release

Tesla and Panasonic Collaborate to Develop Next-Generation Battery Cell Technology

SAN CARLOS, Calif.--(BUSINESS WIRE)--Tesla Motors and Panasonic today announced that they will collaborate to develop next-generation battery cells for electric vehicles.

Tagged: Press Release