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Tesla Motors posts first quarterly profit

Green Car Congress

customers are selling other customers on the car. Given that it has not yet delivered any customer cars outside of North America, there would appear to be significant upside potential in Europe and Asia, the company said. Orders in a particular region increase proportionate to the number of deliveries—i.e.,

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Tesla Motors opens assembly plant in Tilburg, Netherlands

Green Car Congress

Having begun the first European deliveries of Model S, Tesla Motors opened its Tilburg Assembly Plant. The Tilburg facility will serve as the final assembly and distribution point for Model S vehicles sold in Europe as well as Tesla’s European service and parts headquarters.

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Technology Credit Union announces financing relationship with Tesla Motors

Green Car Congress

Tech CU (Technology Credit Union) is working with Tesla Motors as a preferred financing partner for their Model S, Model X and Roadster electric vehicles, offering up to 100% financing with a competitive annual percentage rate (APR). Tech CU is among the first credit unions in the country to offer car loans for Tesla vehicles.

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Tesla opens up all its patents

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Tesla Motors CEO Elon Musk announced in a blog post that the company is opening up access to its patents; Tesla will not initiate patent lawsuits against anyone who, in good faith, wants to use the company’s technology. Tesla Motors was created to accelerate the advent of sustainable transport.

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Tesla reports Model S sales exceed Q1 target; Q1 profitability; 40 kWh pack cancelled

Green Car Congress

Tesla Motors reported Q1 vehicle deliveries of more than 4,750 Model S units—exceeding the 4,500-unit Q1 target provided in the mid-February shareholder letter. As a result, Tesla is amending its Q1 guidance to full profitability, both GAAP and non-GAAP. I am incredibly proud of the Tesla team for their outstanding work.

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Boutique Porsche 911 EV conversion company Sacrilege Motors partners with UK’s Fellten

Green Car Congress

Sacrilege Motors, a bespoke performance, restoration and electric-conversion studio, is partnering with UK-based powertrain supplier Fellten , a designer and manufacturer of systems used in converting classic cars into electric vehicles. 370 kW Tesla motor, single-speed gearbox with 0-60 in 4.5 CCS fast recharging.

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Hybrids take 7% of California market in 1H 2013; PHEVs 0.7%; EVs 1.1%

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Tesla Motors took 0.6% On the electric vehicle side, Tesla Motors posted 2,308 units of the Model S in California during the second quarter of 2013, representing 44.8% Passenger car share in California was 62.6%, exceeding US levels by more than 11 share points. Despite a 0.9 market share. market share.

2013 372