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Tesla Shows Off Model S Alpha, Comes Dressed to Impress
Tesla‘s Model S sedan is looking ready for production, as evident by these new photos released by the electric car manufacturer. Based on its aesthetics alone, the Model S will be very competitive in the mid-size luxury market, featuring an aggressive front end with a very sleek and stylish body. Unfortunately we’re looking at a late next year sale date now and we’re hoping it’ll be worth the wait.
Tesla To Unveil New Model X By End Of 2011
They already have the Model S sedan, which is set to go on sale in 2012, but now they are also working on a crossover vehicle, which is referred to as the Model X.
2011 Gumball 3000 Rally Kicks Off in London [Video]
With the Gumball 3000 already underway (it started May 26), the folks in charge of the international parade of shenanigans has released a video showing the rally’s start in Covent Garden, London. The 19 minute video shows over 100 of the most magnificent and rare supercars in the world. Even the rain couldn’t stop the massive crowd that gathered to watch the beginning of the world’s most fun and most glamorous rally.
The 3000 mile rally will start in London and end in Istanbul over a seven day period across 10 countries, via Paris, Barcelona, Monte Carlo, Milan, Venice, Zagreb, Belgrade and Sofia. It was also revealed that the 2011 rally would cost £25,000 to take part in.
Participants include the “who’s who” of the international social scene, Sheikhs, entrepreneurs, oil tycoons, and dot com billionaires.
The incredible line up includes Pagani Zondas, Bugatti Veyrons, Ferraris, Lamborghinis, Rolls Royces, Bentleys, Aston Martins, Jaguars, Porsches, Morgans and several Lotus’, and this year, over 20 eco and concept electric cars are taking part as Gumball enters a new decade of green motoring!
Check out the video after the jump!
Green Car Parade to Cruise Through Washington DC During Earth Week
Earth Week is scheduled from Friday, April 15 through Friday, April 22. The parade of cars and trucks will take place on Tuesday, April 19, and be part of the Electric Drive Transportation Association (EDTA) conference. Twenty-two companies will participate, including AMP Electric Vehicles, BMW, Coda Automotive, Edison Electric Institute, General Motors, Mitsubishi, Tesla, Toyota and VW.
Tesla Suing BBC Over "Malicious" Top Gear Episode
American electric car maker Tesla Motors has filed a lawsuit against the BBC over an episode of its popular Top Gear show that Tesla says is libelous and contains, “malicious falsehood.”
Tesla Model S To Launch With Three Trim Levels Denoting Different Battery Ranges
With most car manufacturers, the different trim levels often signify how well-equipped a vehicle is. But the new Tesla Model S electric car will use them in a different manner, with the three trims carrying different batteries, ranging from 160 to 300 miles.
Tesla Readies New Model X Crossover, Plans Other Models
Tesla is making a big name for themselves. As if the Model S and and Roadster weren’t enough, the battery-powered company is planning to introduce more models to their lineup: the Model X, as they plan to call it, will be an electric crossover based on the same architecture as developed by Lotus, the Versatile Vehicle Architecture (VVA). The VVA is an all-aluminum platform shared by contemprary Lotuses (Loti?), but its ability to be resized makes it perfect for both the Model X, their sedan, the Model S, an upcoming three-row SUV, as well as a coupe, to complete the metaphor of multiplying like cell biology.
Tesla Model S Struts Its Stuff On Winding Roads [Video]
However, the Roadster model is quite expensive and impractical and Tesla is aware of that. So to appeal to the masses, Tesla has been working on a sedan of its very own, known as the Model S (obviously taking naming inspiration from the Ford Model T).
It looks now that the Model S has gotten closer to production as the company just released a video of it rolling along silently in the countryside. Tesla’s vehicle dynamicist Graham Sutherland says the Model S is “amazingly agile for a car of its size. It has great handling balance and poised ride with communicative steering.” He attributes these qualities thanks to a stiff body and a low center of gravity.
Tesla claims that the Model S will have a range of about 300-miles on a full charge and will accelerate from 0-60 mph in just 5.6 seconds. Sounds good to us and we hope to get our hands on one in the near future.
Follow the jump to view the video:
Tesla Says Model S Will Be More Profitable Thanks To Cheap Batteries
Tesla‘s Model S Sedan will be profitable for the company, even at lower volumes thanks to its cheaper batteries. While Tesla says it only needs 20,000 vehicles a year to make money, whereas competitors like Nissan need to move 500,000 units annually to amortize the R&D costs of their EV systems.
Tesla Shares Fall 15% After Investors Dump Holdings
Tesla Motors share price feel by roughly 15 percent Monday as company insiders rushed to dump their shares after the expiration of a 180 day limit on selling their stock holdings.
Tesla Model S Gets 3,000 Pre-Orders
Tesla Motors announced that 3,000 people have submitted their deposits for a Model S sedan. Slated to go into production in 2011, Tesla also announced that crash testing and other necessities will begin next year, with deliveries starting in 2012.
Toyota Teases RAV4 EV Ahead Of Los Angeles Auto Show Debut
The next product from Tesla is not the long awaited Model S sedan, but something far more plebian – a Toyota RAV4 using a Tesla derived battery pack and electric propulsion system.
Video: Youngster Shows What's It's Like To Drive A Tesla
When we test drove the Tesla Roadster Sport 2.5 , we did our best to provide you with an accurate impression of what it feels like to drive something so completely different from anything else on the road.
Even with the limited range, the lack of practicality and the huge pricetag, we would still have one without thinking. This video should explain why.
The young auto enthusiast in this video best represents the mixture of fear and exhiliration when you put your foot down and feel the car just GO. Although we managed to get a giggle out of Peter Miller, our photographer for the Tesla review, Peter races go-karts at a high level and is used to going fast. For the average person, the video below is much more accurate of what it really feels like to hit warp speed in Elon Musk’s electric speed-demon.
Hit the jump to see the Tesla Roadster acceleration video.
[Thanks to Autoblo g for the link]
Toyota/Tesla RAV4 EV Will Cost Toyota $60 Million
Toyota‘s initial investment of $50 million in its partnership with Tesla will also cost the company another $60 million in development costs needed to bring its RAV4 EV to market.
2011 Tesla Roadster 2.5 S Review
A recent poll suggested that 40% of Americans were interested in driving an electric car. If they knew what the Tesla Roadster was all about, that number would likely be 100%.
General Motors Attempting To Trademark The Phrase "Range Anxiety"
General Motors is attempting to trademark the phrase “range anxiety”, a term that apparently describes how electric car owners feel when the battery charge drops to near empty levels.
Electric Mercedes A-Class to Debut at Paris Auto Show Using Tesla Battery Tech
As a sideshow to the new 2011 CLS, Mercedes-Benz will display a production version of the A-Class EV at the Paris Motor Show. Called the A-Class E-Cell, the limited-run electric car will be powered by 40kW lithium-ion batteries and additional components provided by U.S. electric car maker Tesla Motors. The vehicle’s range is expected to be roughly 124 miles with a solid 214 ft-lbs of torque.
Toyota Considering Electric Supercar
With electric versions of the Audi R8 and Mercedes-Benz SLS on the horizon, Toyota is looking for its own electric halo vehicle to bring the fight to the Germans, similar to how the Japanese automaker did with their Lexus LF-A flagship.
Toyota And Tesla Collaborate On RAV4 Electric Vehicle; Former RAV4 EV Owners Rejoice
Tesla Motors and Toyota have announced that they are working on an all-electric version of the Toyota RAV4. Tesla expects to deliver the prototypes by the end of this year, with the car going on sale in 2012.
Electric vehicle nerds will remember that this isn’t the first time an electric RAV4 has been sold. Toyota offered the RAV4 EV from 1997-2003. 328 RAV4 EVs were leased sold to customers in California, and the cars were destroyed once customers returned them at the end of their lease period. While some managed to survive, Toyota initially did not want to support the vehicles, which were based on the obsolete first-generation RAV4. Hopefully Toyota is better prepared to handle the 2nd generation RAV4 EV, and with a $50 million dollar investment in Tesla, we’d expect that they have some more inclination than the first time around.
Hit the jump to read the official press release
[Source: Toyota]
Tesla-Built Toyota Electric Prototypes Tipped to Be RAV4, Lexus RX
In a followup to the story we brought you yesterda y about Toyota‘s new electric vehicle prototypes that are being built by American electric sports car maker Tesla Motors, the actual vehicles in question are reported to be the RAV4 crossover and Lexus RX luxury crossover. The reason for the use of crossovers is believed to be because they would more easily accept the added weight of Tesla’s battery pack, although it may also suggest a direction that Toyota intends to go with when it finally launches electric vehicles.
Tesla Building Two EV Prototypes for Toyota Using Japanese Automaker's Vehicles
After reports last week that Toyota has already begun building a prototype electric car using Tesla battery technology, it now appears that that Tesla is also engaged in the prototype process. The American manufacturer of electric sports cars has announced that by the end of the month it will deliver two prototype models to Toyota using their battery pack technology inside of Toyota vehicles.
Toyota Already Building Prototype EV With Tesla Technology Says CEO
Toyota has already begun building an electric vehicle prototype using Tesla’s battery technology confirms company CEO Akio Toyoda. The comments were made during a meeting with journalists in Nagoya, Japan.
Tesla IPO Comes Back Down To Earth After One Week Of Trading, Outlook Gloomy
Most of us are probably more comfortable looking at a dyno graph than any sort of financial data, but believe it or not, the AutoGuide staff actually have interests outside of cars, and for some of us, that includes finance.
Tesla Launches Roadster 2.5, Tree Huggers Have A New Latest And Greatest Ride
Hot on the heels of Tesla’s IPO (which is down $1.89 as of 3:40 PM today) comes their newest product, the Roadster 2.5, which receives a host of largely inconsequential updates designed to keep an old model in the public eye just a little bit longer (perhaps Tesla isn’t that different after all).
Hip-Hop Ode To The Tesla Roadster Makes Soulja Boy Sound Good
Los Angeles based rapper J Brave describes himself as an “MC, poet, activist for peace, and visionary…”, so we can understand why he would shun Maybachs and Bentleys in his lyrics in favor of the eco-friendly, uber-liberal chariot known as the Tesla Roadster.
Unfortunately for J Brave, his rap song “Dippin In My Tesla” doesn’t quite have the same vibe as other odes to automotive related conspicuous consumptio n. Songs like those are all about escapism, letting you step out of your 1997 Nissan Altima and into a world where your ride costs more than your house. Saving the planet isn’t a common fantasy for most hip-hop heads (at least not in the green sense). We’ll let you be the judge of the artistic merits.
[Source: Autoblog]
Hit the jump to see J Brave’s video for “Dippin In My Tesla”
Tesla's Future Gets a Charge With $226 Million Raised in IPO
Despite never turning a profit and selling as few as just 1,000 vehicles, Silicon Valley electric car maker Tesla Motors has raised $226 million in an initial public offering. Even more amazing is the fact that Tesla was able to generate such investment in the midst of a still shaky economic recovery that has seen dozens of other companies postpone IPOs.
Tesla Unveils Plans for Cabriolet, Crossover and Van in IPO Presentation
American electric car maker Tesla is about ready to launch its IPO and go from a small niche market automaker to possibly a large international electric vehicle powerhouse. But in order to make hat next big step CEO Elon Musk needs money, and lots of it. So before he opens up his company to the market, Musk is shopping it around, hoping to convince investors with a business model for the future.
Tesla Releases IPO Details, Expects To Raise $185 Million
The end goal for most venture-capital financed start-ups is to issue an IPO and help get some money into the hands of those investors brave enough to give the company money at the early stages. Tesla Motors, perhaps the first Silicon Valley car company(and headed by Elon Musk, a former dot-com executive), is about to do just that, after filing papers with the Security and Exchange Commission, detailing terms of their IPO.
Toyota, Telsa to Begin Testing Secret Electric Car by Year's End
It looks as though Tesla’s IPO filings with the SEC may have been intended to draw attention away from the company’s recent tie-up with Toyota. In those filing Tesla commented that while there is an intention between both automakers to work together towards building a new electric car, “we have not entered into any agreements with Toyota for any such arrangement, including any purchase orders, and we may never do so.”
Tesla Confirms No Plans to Build Electric Cars With Toyota, "and We May Never Do So"
It appears as though last month’s much-touted tie-up between Toyota and American electric car maker Tesla Motors was more of a publicity stunt than the start of a brave new electric world. In a recently filed IPO statement to the SEC, Tesla says that while there are a lot of good intentions to work together on future electric vehicles and bring the Tesla Model S to market, “we have not entered into any agreements with Toyota for any such arrangement, including any purchase orders, and we may never do so.”
Report: Tesla CEO Elon Musk Is Broke
At 38 years old, Elon Musk has already lived a life filled with more adventures and pitfalls than most of us can fathom. The founder of PayPal, Tesla Motors and SpaceX was also a one time owner of a McLaren F1, the holy grail of car collecting, and served as the inspiration for Tony Stark, aka Iron Man, in the latest films inspired by the Marvel Comic franchise.
"Hiring Former NUMMI Workers Is A Priority For Us"- Tesla CEO Elon Musk
After acquiring the former NUMMI plant jointly owned by General Motors and Toyota, Tesla Motors was immediately targeted by the UAW for a guilt-trip campaign by the United Auto Workers to re-hire the 4,700 workers set to lose their jobs as the plant closed.
UAW Putting Pressure On Toyota/Tesla To Hire Union Workers For New Joint Venture
The United Auto Workers is busy inserting itself into the Toyota/ Tesla joint venture barely 24 hours after it was even announced. The two companies announced that they would be collaborating on electric vehicles, and Tesla would be taking over the revolutionary (at the time) NUMMI plant in Fremont, California, to build their new Model S sedan.
Toyota and Tesla to Partner on Electric Cars; Tesla Buys NUMMI to Build Model S in California
Japanese giant Toyota Motor Corp and American electric car start-up Tesla Motors have announced a partnership that will see both automakers work towards future electric cars. In the short term, however, the deal has a more immediate result, namely that Toyota is spending $50 million to buy a significant stake in Tesla, which will then use that money to purchase a part of the NUMMI factory in Fremont, California.
Until recently NUMMI has been used by Toyota to build both the Corolla and Tacoma. Tesla will use it to build the company’s new flagship Model S electric luxury sedan. Company CEO Elon Musk said he expects to build roughly 20,000 models a year at first (around 2012), bringing 1,000 jobs back to the NUMMI plant. If the plan ever reaches max capacity of half a million models it could employ as many as 10,000.
In addition to the physical assets, Toyota will also teach Tesla about its production system, a “widely copied system that lead to dramatic quality improvements and unprecedented manufacturing flexibility and worker satisfaction.”
Toyota CEO Akio Toyoda hopes the partnership will also benefit his company by learning from the small and agile Tesla. “Through this partnership, by working together with a venture business such as Tesla, Toyota would like to learn from the challenging spirit, quick decision-making, and flexibility that Tesla has,” said Toyoda. “Decades ago, Toyota was also born as a venture business. By partnering with Tesla, my hope is that all Toyota employees will recall that ‘venture business spirit,’ and take on the challenges of the future.”
With access to Toyota’s production methods and a proper facility to build the cars, Tesla intends to drive down the cost of electric cars through economies of scale. The company’s first car, the Tesla Roadster, costs roughly $100,000 while the new Model S is expected to retail for $49,900 after a federal tax credit.
[Source: Toyota and Autoblog]
Official release after the jump: