John Paczkowski

Recent Posts by John Paczkowski

Tesla CEO in Love With His Car, Got a Feel for His Automobile

teslacrash.jpg

I would say it’s great. According to one of the car magazines, either Car & Driver or AutoWeek, it’s apparently the best kind of mid-speed acceleration of any car they ever tested. So that’s perfect for when you’re driving on the highway and you want to make a lane change or something like that. It’s incredibly responsive, so it’s a very, very fun car to drive.”

Tesla Motors chairman Elon Musk sings his creation’s praises.

Now that Tesla Motors has finally managed to roll its first zero-emission Roadster out of the garage, the company is looking at markets other than the luxury one for which the $98,000 car was intended. The company plans to build an electric four-door, five-passenger sports sedan that will sell for about half the price of the Roadster.

To do that, Tesla figures it needs another $250 million in the bank and so it’s mulling an IPO. Said Tesla’s chairman Elon Musk, “I would say within [the] end of this year or next year there is a good chance we would go public.”

(Crash test photo courtesy Tesla Motors)


Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald