Based on a recent Tweet from Elon Musk and a hint dropped in Tesla’s quarterly report, the firm may be working on a replaceable battery scheme to speed up recharging, or is at least promoting the notion it might have such intentions.
A new offering from Tesla Motors of a $850 million package of common stock and convertible senior notes will be used to completely prefund payoff of the Dept. of Energy loans, as well as general corporate purposes.
Tesla has not only stolen key talent (and some say design cues) from Aston Martin, but is also talking with Google about making an electric robot car. In typical Silicon Valley fashion, bridges are being jumped at Tesla Motors.
The Nissan Leaf posted strong numbers for the second month in a row, comfortably beating the Chevrolet Volt to lead the American electric vehicle segment in April 2013 sales – although you should take special note of the asterisk.
Going against the Automobile Dealers Association, who is seeking to block Tesla's sales model around the country, a Houston area car dealer makes the case that Tesla should be allowed to sell cars directly to the public because it would increase consumer choice.