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Tesla CEO Says NYT Review Cost the Company $100 Million

Tesla CEO Says NYT Review Cost the Company $100 Million

Feb 26 2013, 12:03pm CST | by

Musk thinks the company lost significant value in the wake of bad New York Times review

A war of words has been raging between Tesla CEO Elon Musk and the New York Times. The New York Times' John Broder took a Tesla Model S electric sedan on a trip and ran into problems. The resulting...

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1 year ago

Tesla CEO Says NYT Review Cost the Company $100 Million

Feb 26 2013, 12:03pm CST | by

Musk thinks the company lost significant value in the wake of bad New York Times review

A war of words has been raging between Tesla CEO Elon Musk and the New York Times. The New York Times' John Broder took a Tesla Model S electric sedan on a trip and ran into problems. The resulting negative review kicked off a war of words between Musk and the New York Times.

Musk maintains that Broder was not truthful in his review of the vehicle and Musk claims that he has the log files from the car to prove it. The New York Times continues to stand by the story. Musk has now come forward and said that the company has taken a significant financial hit as a result of the New York Times article.

Musk went on to say that he believes the bad review cost Tesla "tens of millions of dollars" and went so high as to say that the review cost the company as much as $100 million. Musk was specific in that he was talking about a loss of valuation the company not specifically that many canceled Model S orders.

 
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2 hours ago

Tesla sends traffic help via software upgrade

Sep 19 2014 2:33pm CDT | Source: Automotive News

Tesla Motors, which equipped its Model S sedan with a cellular connection to download wireless software updates over time, today revealed a sixth update that gives the Model S real-time traffic information for the firs ...
Source: Automotive News   Full article at: Automotive News
 

 
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2 hours ago

Tesla sends traffic help via software upgrade to Model S

Sep 19 2014 2:18pm CDT | Source: Automotive News

Tesla Motors, which equipped its Model S sedan with a cellular connection to download wireless software updates over time, today revealed a sixth update that gives the Model S real-time traffic information for the first ...
Source: Automotive News   Full article at: Automotive News
 

 
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3 hours ago

The Tesla Model S Raises The Suspension Based On Location

Sep 19 2014 1:04pm CDT | Source: Jalopnik

Tesla is out with one of its more elaborate software updates to the Model S, and among the list of features is a new location-based air suspension setting that remembers when you need additional ground clearance and lifts ...
Source: Jalopnik   Full article at: Jalopnik
 

 
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1 day ago

IRS won't, or can't, reveal how many plug-in vehicle tax credits are left

Sep 18 2014 2:11pm CDT | Source: Autoblog

Filed under: EV/Plug-in, AutoblogGreen Exclusive The IRS has set up a page to help track individual automaker sales figures, but it's a complete mess. One of the benefits of driving a plug-in vehicle these days is a federal tax credit worth up to $7,500. Officially called IRC 30D, this credit is intended to make the high cost of new EVs sting less for early adopters. Of course, free government money doesn't last forever, and when the tax credit law wa ...
Source: Autoblog   Full article at: Autoblog
 

 
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1 day ago

Nissan Leaf + Nissan Frontier = The World’s Only Zero-Emissions Leafamino

Sep 18 2014 11:01am CDT | Source: Car and Driver

Here’s some evidence that the engineers at Nissan’s technical center in Stanfield, Arizona, know how to have fun. As shown by the Nissan-supplied video below, that group needed a hauler to help them shuttle stuff around the grounds, and while they could have just used an old Titan or Frontier, they instead chose to build something far, far more rad. Working in the secrecy of a garage somewhere on the premises, durability and reliability engineers Roland Schellenberg and ...
Source: Car and Driver   Full article at: Car and Driver
 

 
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1 day ago

Natural-Gas Stepchildren, Iron Butt Record, Has Tesla Beaten Dealers? Today's Car News

Sep 18 2014 10:30am CDT | Source: Honda Insight Reviews

If you've never heard of the Iron Butt Assocation, you may not be a motorcycle rider--but you'll be interested in the first electric bike rider to win the honor. Plus a crack in the dealer opposition to Tesla Motors, and some encouraging news on wind and solar energy. All this and more on Green Car Reports. What happens to sales ...
Source: Honda Insight Reviews   Full article at: Honda Insight Reviews
 

 
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1 day ago

Tesla Says New Jersey Regulators Can't Stop Direct Sales

Sep 18 2014 7:26am CDT | Source: Jalopnik

In April the New Jersey Motor Vehicle Commission revoked Tesla's dealership licence in the state. Currently there are two pieces of legislation due for a vote in the fall that could allow Tesla to operate. But the automaker claims that the state regulators didn't have the authority to shut d ...
Source: Jalopnik   Full article at: Jalopnik
 

 
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1 day ago

Tesla 'Will Prevail In All States' Against Dealer Lawsuits: Dealership Commentator

Sep 18 2014 7:00am CDT | Source: Honda Insight Reviews

Have we just seen the first crack in the facade of auto-dealer opposition to Tesla Motors selling cars directly to retail buyers? An opinion piece in auto-industry trade journal Ward's Auto concludes with the following remarkable sentences: We can keep Tesla busy defending what are basically nuisance suits. ...
Source: Honda Insight Reviews   Full article at: Honda Insight Reviews
 

 
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1 day ago

Car And Driver: Is electricity safe?

Sep 17 2014 7:41pm CDT | Source: Jalopnik

Car And Driver: Is electricity safe? Lt. Jim Dangle: At the time of this writing, there's simply no way to test that.Rea ...
Source: Jalopnik   Full article at: Jalopnik
 

 
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2 days ago

Elon Musk’s Reno 911! : Lt. Jim Dangle (Thomas Lennon) Answers our Questions on the Reno-Based Tesla Gigafactory, the Evils of Moon Power, and the Rumors Reno 911! Will Return to Netflix

Sep 17 2014 2:35pm CDT | Source: Car and Driver

Lieutenant Jim Dangle led Reno Sheriff’s Department on the Comedy Central mockumentary Reno 911!. So when we heard the news that Tesla’s Elon Musk—technophile, playboy, space junkie, automotive executive—had unveiled plans to build his battery-manufacturing Gigafactory smack dab in Dangle’s Washoe County, we contacted the top cop to get his thoughts. (As it turns out, Thomas Lennon, the co-creator of Reno 911! and the actor who squeezed into the shortest shorts in t ...
Source: Car and Driver   Full article at: Car and Driver
 

 

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<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Shane is a self described car aficionado. He loves muscle cars, but also knows how green cars work. He has years of experience in testing cars and writes about cars with deeply felt emotions.

 

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