3 posts and columns on sedan

Tesla Shares on Another Joy Ride

in News on June 30, 2010 at 9:04 am PT

Tesla’s newly listed shares roared out of the garage again today, climbing higher still in their second day of trading. After spiking 40.5 percent Tuesday, even as the broader markets tanked, shares of the electric-car company are on another tear this morning, up 22.23 percent at $29.20. Quite a run for a stock initially priced at $17.

Your Karma Ran Over My Tesla

in News on November 4, 2008 at 8:16 am PT

Tesla Motors has lost its Sturm und Drang race with Fisker Coachbuild. On Monday, an arbitrator ruled that Fisker did nothing untoward by introducing an electric-powered luxury sports car after doing some design work for Tesla.

Tesla Foiled

in News on October 17, 2008 at 4:42 am PT

While $25 billion in low-cost federal loans keeps General Motors, Ford and Chrysler churning out SUVs through the econalypse, the wheels are coming off cleantech car company Tesla Motors. Without access to the same sorts of loans given its Detroit colleagues, the country’s leading electric car maker is delaying production of its Model S sedan, sacking an unspecified number of employees and shuttering two offices.