Tesla Motors

Tesla co-founders are friends again

Tesla Motors

Tesla Motors CEO Elon Musk and co-founder Martin Eberhard have settled their differences, putting an end to bitter legal dispute.

The dispute was over the issue: whether Elon Musk or Martin Eberhard got the right to call himself the founder of the company.

Tesla’s 345 electric roadsters recalled due to ‘suspension’ defect

Tesla’s 345 electric roadsters recalled due to ‘suspension’ defect

Underlining the hiccups associated with the switch-over to the EV technology, the $109,000 version of electric Roadster manufactured by Tesla Motors have been recalled, due to contract manufacturer Lotus' 'suspension' lapse pertaining to improper installation of bolts.

Daimler acquires 10% stake in Tesla to further electric-car plans

Daimler acquires 10% stake in Tesla to further electric-car plans

With a view to further its electric car production plans, German automaker Daimler AG Tuesday announced its acquisition of a nearly 10 percent stake in California-based electric car maker Tesla Motors Inc. As an inclusive part of the stake deal, Herbert Kohler - Daimler's VP - will take a seat on Tesla's board of directors.

Tesla Motors unveils its second electric car – “Tesla Model S”

Tesla Motors

The manufacturer of consumer-oriented battery electric vehicles in Silicon Valley, Tesla Motors unveiled its second electric car, 'Tesla Model S,' on Thursday. The San Carlos, California based automobile startup company revealed its lower-cost successor to its Roadster and all electric sedan - 'Tesla Model S' at the Hawthorne, California.

Tesla expects approval of its $350-million loan from Department of Energy

The San Carlos, California-based Electric-car maker Tesla Motors Inc is expecting the US Department of Energy's notification on its $350-million loan application in about four months' time, and a subsequent disbursement of the loan-amount, subject to approval.

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