A U.K. court dismissed a libel lawsuit from Tesla against the BBC show “Top Gear,” Bloomberg reports.
The case had been thrown out before. Tesla appealed. Read More >
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Category: Electric Vehicles
GM is planning to build up to 36,000 Chevrolet Volts and other plug-in hybrids for worldwide delivery this year, 20 percent more than in 2012, “two people familiar with the effort” told Bloomberg. Read More >
Tesla announced plans to pay down their $465 million dollar Department of Energy loan in 5 years or less, as Tesla seeks to achieve profitability.
If Elon Musk is still smarting about how much damage the New York Times has done to Tesla, the fledgling automaker can take comfort in the fact that the positive reviews are still pouring in.
Tesla CEO Elon Musk found the perfect scapegoat for lost Tesla sales and a 13 percent drop of the company’s stock: John Broder of the New York Times. Musk told Reuters that “Tesla has lost about $100 million in sales and canceled orders due to the Times story, which said the sedan ran out of battery power sooner than promised during a chilly winter test drive from Washington D.C. to Boston.” Musk should look in the mirror if he needs a scape goat. Read More >
Tesla Motors Inc. released its Fourth Quarter & Full Year 2012 Shareholder letter on Wednesday. While the letter provides a very positive outlook for Tesla’s future, there are some questions looming in the background once we dig deeper into Tesla’s balance sheet.
Carlos Ghosn’s assertion that “...electric vehicles could represent 10% of the global market in the next ten years, or 6 million vehicles…” may no longer be en vogue over at Renault, at least according to French business paper La Tribune.
Pull up a chair, get some popcorn. The fireworks have been flying fast and furious. New York Times reporter John Broder wrote a piece about his press loaner Tesla running out of juice. Tesla, already smarting from the perceived slight given them by BBC’s Top Gear, decided they needed an ace up their sleeve: data logging. Chairman Elon Musk penned a response that included detailed data logs from the press car. Broder responded in general terms and then with a point-by-point response to Musk’s charges. The NYT’s public editor, Margaret Sullivan, has also chimed in with the opening of her own investigation. Notably, Musk hasn’t returned her calls. Her tentative conclusion? “I reject Mr. Musk’s central contention that Mr. Broder’s Sunday piece was faked in order to sabotage the Model S or the electric-car industry.” She also called for Tesla to release all the data they’ve got in proper machine-readable form, not just their pretty annotated graphs with the circles and the arrows and the paragraph on the back of each one. Read More >
Tim Horton’s, the Canadian coffee chain that’s home to the legendary “double-double”(the local slang for two cream, two sugar in one’s coffee), has announced a pilot project to install EV charging stations in the parking lots of its coffee shops.
Three years ago, at a groundbreaking ceremony for an LG Chem Battery plant in Holland, Michigan, President Obama promised that this and other pants will be “a boost to the economy in the entire region.” Instead, the plant has become an example for what is wrong with a state-directed command economy. It also is yet another chapter in the Chevrolet Volt debacle. Read More >
Tow truck delivers Model S to charging station
New York Times reporter John Broder told a harrowing story of a test drive from Delaware to Connecticut in a Tesla-supplied Model S. Broder wanted to review both the car and Tesla’s Supercharger stations along I95. The drive ended on a flatbed truck with a Model S that had run out of juice. The story landed Broder on Elon Musk’s shitlist. Read More >
EV sales had shown minor signs of life in the last quarter of 2012, only to collapse sharply in January. “Sales of the Chevrolet Volt, the Toyota Prius Plug-In and Nissan Leaf each had deep dropoffs in January from December,” Reuters says. Read More >
Today must be International Backpedaling Day. Volkswagen said “Never mind beat Toyota by 2018.” Obama says: “Never mind a million EVs by 2015.” Read More >
America, land of wide open roads and big cars, listen up: On the sidelines of Nissan showing its new day care center at its Yokohama headquarters to reporters, Nissan’s COO Toshiyuki Shiga made a comment that should resonate well with American customers: Read More >
Elon Musk offered Boeing Tesla’s help with its troubled Boeing 787 battery packs. He wants Boeing try the packs Tesla uses in its SpaceX rockets and Tesla cars. Ever the hipster, Musk announced the unsolicited aid via Twitter: Read More >
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