Articles Tagged Press Release
Articles tagged "Press Release"
Tesla Dramatically Expands Supercharger Network, Delivering Convenient, Free Long Distance Driving Throughout U.S. And Canada
PALO ALTO, Calif.-- Tesla Motors announced that it has paid off the entire loan awarded to the company by the Department of Energy in 2010. In addition to payments made in 2012 and Q1 2013, today’s wire of almost half a billion dollars ($451.8M) repays the full loan facility with interest. Following this payment, Tesla will be the only American car company to have fully repaid the government.
Palo Alto, CA – May 15, 2013 — Tesla Motors, Inc. (NASDAQ: TSLA) announced today offerings of 2,703,027 shares of common stock and $450 million aggregate principal amount of convertible senior notes due 2018 in concurrent underwritten registered public offerings. In addition, Tesla has granted the underwriters a 30-day option to purchase up to an additional 405,454 shares of common stock and $67.5 million in aggregate principal amount of the notes.
PALO ALTO, Calif.-- Tesla has hired Aston Martin’s Chief Engineer of Vehicle Engineering, Chris Porritt, to be its Vice President of Vehicle Engineering. Chris is a world-class leader and automotive engineer who established Aston Martin’s Vehicle Engineering team from the ground up and used his innovative approach as Chief Engineer for Aston Martin’s One-77 supercar. The One-77 was best known for its advanced structural design combined with cutting edge active suspension and aerodynamics.
PALO ALTO, Calif.-- Tesla Motors announced today that it is raising the Model S resale value guarantee to be the highest of any premium sedan brand made in volume (excludes rare, low volume or limited edition vehicles). Buying a Model S through the Tesla financing offering now comes with a guarantee that the resale value will be higher than that of BMW, Audi, Mercedes, Lexus or Jaguar.
PALO ALTO, Calif.-- Tesla Motors, Inc. (NASDAQ: TSLA) will hold a conference call on May 3, 2013 at 10:30 AM Pacific Time (1:30 PM Eastern Time) for members of the media, to make an announcement. Following remarks from Elon Musk, Tesla Motors co-founder and CEO, media is invited to participate in a question and answer session.
PALO ALTO, Calif.-- Tesla Motors, Inc. (NASDAQ: TSLA) will hold a conference call on April 26, 2013 at 10:30 AM Pacific Time (1:30pm Eastern Time) for members of the media, to make an announcement about Tesla Service. Following remarks from Elon Musk, Tesla Motors co-founder and CEO, media is invited to participate in a question and answer session.
PALO ALTO, Calif.-- Tesla Motors, Inc. (NASDAQ: TSLA) announced today that it will post its financial results for the first quarter ended March 31, 2013, after market close on Wednesday, May 8, 2013. At that time, Tesla will issue a brief advisory release via Marketwire containing a link to the first quarter 2013 Shareholder Letter, available on the company website.
Poll From Austin Business Journal Shows Overwhelming Public Support For Tesla Motors Selling Electric Cars Direct To Consumers In Texas
AUSTIN, Texas-- A new readers poll conducted by the Austin Business Journal shows that 86 percent of respondents favor direct-to-consumer sales of electric cars, answering yes to the question “Tesla wants to sell electric cars directly to consumers. Should it be allowed to bypass Texas dealership regulations?” Of the participants in the poll, only 12 percent favored current franchise dealership regulations, and two percent said they were unsure of their position.