Tesla Motors Inc (TSLA) News: Smart Elon Musk, Convertible Bond Offer at $525mln, Model S Outselling Rivals

Tesla Motors Inc (TSLA): Why Are Shares Up Again? (Insider Monkey)
Shares of Tesla Motors Inc (NASDAQ:TSLA) were revving up once again today, gaining as much 12% after the carmaker announced a secondary share offering last night. Subsequent share offerings usually send stocks down as they dilute current shareholders, but Tesla Motors Inc (NASDAQ:TSLA) is a special case. The electric-car maker is one of the more exciting companies in the market, and is coming off its first quarterly profit last week, not to mention that its Model S sedan just won Consumer Report’s highest-ever car rating.

Tesla teases faster way to charge battery (Houston Chronicle)
Rumors are swelling that Tesla Motors Inc (NASDAQ:TSLA) may make an announcement about their batteries after the company’s CEO Elon Musk tweeted that there is a way to charge a Tesla faster than filling a car with gasoline. Musk tweeted earlier this week that “there is a way for the Tesla Model S to be recharged throughout the country faster than you could fill a gas tank.” Tesla has rolled out a few supercharging stations across the country, but using those stations can be time-consuming. Yahoo noted Tesla Motors Inc (NASDAQ:TSLA) may be dusting off an old idea with electric vehicles — battery swapping. The process could expand the range of electric cars, but there aren’t any facilities currently capable of doing it, or not quickly.

Tesla vice president blasts North Carolina Republican’s attack on the free market (Raw Story)
Diarmuid O’Connell, Tesla Motors Inc (NASDAQ:TSLA)’s vice president for corporate and business development, on Wednesday slammed legislation in North Carolina that would prevent the sale of his company’s all-electric cars. “What’s happening here is the rules are being changed to protect the dealer model and exclude us from the market,” he said on CNBC. “North Carolina consumers are buying these vehicles, they are interested in these vehicles. It’s a great market, it’s an innovative market, it’s a technology-philic market.” Currently, Tesla Motors Inc (NASDAQ:TSLA) sells cars directly to consumers over the phone or Internet rather than through third-party dealerships. Legislation introduced by North Carolina state Sen. Tom Apodaca (R-Henderson) would make such a business model illegal in the state. Apodaca said the bill would prevent unfair competition.