Editor’s Note: Related tickers: Tesla Motors Inc (NASDAQ:TSLA)
Does Tesla Motors Really Want To Be Chevron, Rather Than Ford? (GreenCarReports)
It’s been a great few months for Tesla Motors Inc (NASDAQ:TSLA). The company’s flagship product attracted a near best-ever rating from Consumer Reports to add to its trophy cabinet. Its DoE federal loans have been paid, and the company made a profit in the first quarter. But is Tesla Motors Inc (NASDAQ:TSLA)’s greatest potential in its Supercharger fast-charging network, rather than the Model S and its future vehicles? The Wall Street Journal thinks it might be, and the argument is a strong one. At the moment, only eight Superchargers dot the country, but that number will triple by the end of this month and rise to a hundred by the end of the year.
Tesla Model S Selling More Than Mercedes-Benz S-Class, BMW 7 Series and the Audi A8 (TellMeNews)
Tesla Motors Inc (NASDAQ:TSLA)’ Model S all-electric sedan sales are starting to take off. The sales of the Tesla Model S has surpassed sales estimates a few weeks ago. Then Tesla announced they became the plug-in car sales leader in the US, passing the Chevy Volt. Then lately Tesla reported its first profitable quarter ever, beating its critics. Even though it’s started out well, skeptics claim the Model S is too expensive for ordinary people and a more affordable option is needed. Tesla is in a similar sedan class in a similar price range as several German automakers (Audi, Mercedes-Benz, and BMW), and for the first quarter of 2013 Tesla Motors Inc (NASDAQ:TSLA) sold more Model S sedans than all the other German makers’ cars in the same price category.
Tesla to expand high-speed Supercharger network (AutoCar)
Tesla Motors Inc (NASDAQ:TSLA) is planning to place a “Supercharger” station within easy reach of all of its customers in the next few years. The California-based maker is planning to set up “hundreds” of the quick-charging facilities across the US and Canada and says it will lay out plans for a European network later this month. Tesla has already begun opening Supercharger stations along America’s east and west coasts but will now nearly triple the number of facilities, with “most of the major metro areas in the US and Canada” within reach by the end of 2013. By mid-decade, no location in American will be more the 100 miles away from one.
Cameron Diaz’s Rumored Billionaire ‘Boyfriend’ Says They’re NOT Dating (Zimbio)
When the rumor mill starts churning sometimes the best way to put a stop to all the madness before things start getting out of control (see: here, here, and here), is to hear the truth straight from the horses mouth. That’s exactly what billionaire businessman Elon Musk did after he discovered there was speculation that he was involved in a relationship with Hollywood actress Cameron Diaz. It’s been only a day since the rumors were sparked, but somehow he found a way to shut it down because, hey, time is money, especially when you’ve founded not so little companies like SpaceX, Tesla Motors Inc (NASDAQ:TSLA), and PayPal.
Has Elon Musk Finally Gone Too Far? (DailyFinance)
Tesla Motors Inc (NASDAQ:TSLA) CEO Elon Musk had plenty of interesting things to say this week. He wowed Tesla owners by announcing that the company was tripling the number of Supercharger stations, offering drivers free Tesla battery charging options in more locations. He also teased that more details would be forthcoming on his “hyperloop” project that would help transport people faster and cheaper than bullet trains or planes. However, the one comment that truly turned heads was Musk’s forecast — at both the AllThingsD conference and later on CNBC — that Tesla Motors Inc (NASDAQ:TSLA) will put out a sedan in three to four years that costs half as much as today’s Model S.
Tesla set to introduce $30k electric car for the rest of us (iTechPost)
Tesla Motors Inc (NASDAQ:TSLA), the electric car wing of Elon Musks’s empire, has announced that they’re planning to introduce two affordable sedan that is expected to compete with the Audi A4 and BMW 3 Series. The car, tentatively named Gen 3 is scheduled to be released in three to four years, and will allegedly cost around $30,000. That’s a much more affordable price than Tesla Motors Inc (NASDAQ:TSLA)’s popular Model S sedan, which comes in at $60,000, even after a $7,500 federal tax credit. Creating an affordable electric vehicle will go a long way to boost the adoption of the electric vehicles among middle class consumers.
