Tesla Motors

E-Commerce Assistant Shopify Raises $7 Million in First Round

Tricia Duryee in Commerce on December 13, 2010 at 6:30 am PT

Shopify, which is powering online storefronts that sell merchandise ranging from stuffed Angry Birds to the latest in protective cases for the iPad, is announcing today that it has raised $7 million in venture capital. Investors include Bessemer Venture Partners, FirstMark Capital and Felicis Ventures.

Tesla IPO Firing on All Cylinders Batteries [UPDATED]

John Paczkowski in News on June 29, 2010 at 2:12 pm PT

Tesla Motors went public today in the first IPO from an American car company since Ford’s in 1956. And already, its stock appears to have attracted a cult following. Floated with an initial offering price of $17, Tesla shares opened at $19 and closed at $23.89–up $6.89, or 40.5 percent.

Tesla Motors Plans IPO

John Paczkowski in News on January 29, 2010 at 2:44 pm PT

Add Tesla Motors to the list of companies planning to avail themselves of what may, or may not, be a fledgling IPO recovery this year. The electric car maker said Friday that it’s planning an initial public offering to raise up to $100 million.

Who Shot Valleywag? Gossip Bloggers Thomas (Outgoing) and Tate (Incoming) Speak!

Kara Swisher in News on May 1, 2009 at 9:20 pm PT

Was it Facebook COO Sheryl Sandberg in Fraiche Yogurt with a Macbook Air? Or Tesla CEO Elon Musk on the streets of San Francisco with a Model S? Or, most likely of all, Marissa Mayer of Google in the penthouse with a Manolo Blahnik spiked heel? For all the invective this trio has taken from him, all would certainly be prime suspects if some nefarious fate befell Valleywag’s always controversial gossip blogger, Owen Thomas. Actually, the truth is a little more mundane: The self-described “scourge of [Silicon] Valley” is moving onto another digital job as head of NBC Universal’s new Bay Area Web site, whose motto is “Locals Only.” Deceptively fresh-faced Ryan Tate is his replacement. Here are Thomas’s last words on the controversial gossip site.

Your Karma Ran Over My Tesla

John Paczkowski 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

John Paczkowski 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.