MotorAuthority

• Tesla Motors applies for $400 million government aid

  Fledgling electric car company Tesla Motors has encountered financing problems recently, prompting the firm to apply for a $400 million aid package from the Department of Energy. The DOE has already a...

• Tesla teases new Model S sedan

  Despite receiving more than a thousand orders for its $100,000 all-electric Roadster, Tesla has been bit by the financial crisis bug and was recently forced to make several major cost cutting measures...

• Tesla announces new CEO, confirms layoffs

  Yet another senior management reshuffle has taken place at electric car company Tesla, with chairman and key investor Elon Musk replacing Ze’ev Drori as CEO. Drori stepped into the top job as recent...

• Tesla’s third model will be a sedan priced under $30,000

  Deliveries of Tesla’s all-electric Roadster are just starting to trickle but already the company is looking at the next range of models to fill its order books. The $100,000 Roadster was always goin...

• Tesla building new assembly line and HQ in San Jose, CA

  An all-new $250 million facility located in the heart of Silicon Valley will host Tesla's assembly-line, R&D and headquarters as it ramps up for production of its all-electric Model S luxury sedan. Th...

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