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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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Is Tesla Motors A Carmaker.Or Really A Grid-Storage Company?

Green Car Reports

Many among the Detroit auto media were skeptical of Tesla Motors for years, correctly noting just how hard it is to start a car company and build a genuinely appealing product--electric car or not.

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Tesla Motors demonstrates battery swap in the Model S

Green Car Congress

As promised, Tesla Motors CEO Elon Musk demonstrated a battery swap option for the Model S. The scenario, said Musk, is that each Tesla Supercharging station (“Tesla station”) would have a swap option. An electric vehicle] can actually be more convenient than a gasoline car. Some people take a lot of convincing. [An

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Tesla opens up all its patents

Green Car Congress

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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