11 Updates
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 courts suppliers to stop bill banning direct sales in Michigan

Oct 20 2014 5:31pm CDT | Source: Automotive News

With the fate of Tesla's sales in Michigan on the desk of Gov. Rick Snyder, the electric carmaker is looking for support from its suppl ...
Source: Automotive News   Full article at: Automotive News
 

 
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5 hours ago

ONE MEEEELLION DOLLARS: James Bond Lotus Esprit Submarine Up for Auction

Oct 20 2014 2:35pm CDT | Source: Car and Driver

The Spy Who Loved Me featured perhaps the the second most famous James Bond car of all time, after the iconic Goldfinger DB5: the Lotus Esprit S1 that went from sports car to submarine with the flick of a switch. Now, thanks to an eBay auction, you can buy one—for a million bucks. Okay, so the full-size movie prop offered in this auction can hardly be called a car. This static piece, fresh from a complete overhaul on the reality show American Restoration, shows the folding whee ...
Source: Car and Driver   Full article at: Car and Driver
 

 
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9 hours ago

2015 Ford Focus Electric Price Cut, Tesla Model X Delay, Stricter EPA Gas-Mileage Testing: Today's Car News

Oct 20 2014 10:30am CDT | Source: Hybrid SUV Reports

We've got plenty of green-car news to start off your week. The 2015 Ford Focus Electric could get a price cut of $6,000, one analyst believes there's a "reasonable risk" of another Tesla Model X delay, and the EPA plans to tighten gas-mileage test rules. All this and more on Green Car Reports. Is a ...
Source: Hybrid SUV Reports   Full article at: Hybrid SUV Reports
 

 
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10 hours ago

 
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11 hours ago

Tesla's sales limits in Michigan tightened by one word of law

Oct 20 2014 8:32am CDT | Source: Automotive News

By the removal of a personal pronoun from state law, a bill awaiting Governor Rick Snyder's signature would make it harder for Tesla Motors to sell its electric vehicles directly ...
Source: Automotive News   Full article at: Automotive News
 

 
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13 hours ago

Will Tesla Model X Be Delayed Again? Analyst Says 'Reasonable Risk'

Oct 20 2014 6:00am CDT | Source: Diesel Reports

Each of its two previous models came to market later than projected, and now the third vehicle from Tesla Motors--the Model X electric crossover utility vehicle--may slip a bit more too. At least that's the expectation of Adam Jonas, the financial analyst from Morgan Stanley who's an avid follower of the Silicon Val ...
Source: Diesel Reports   Full article at: Diesel Reports
 

 
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2 days ago

How Tesla Did It, Fuel-Cell Questions, Next Electric Chevy: The Week In Reverse (Video)

Oct 18 2014 5:30am CDT | Source: Hybrid SUV Reports

Is a century-old and very fuel-efficient two-stroke engine poised for a comeback? And, what questions should you ask about upcoming hydrogen fuel-cell cars? This is our video look back at the Week In Reverse--right here at Green Car Reports--for the week ending on Friday, October 17, 201 ...
Source: Hybrid SUV Reports   Full article at: Hybrid SUV Reports
 

 
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3 days ago

Recent Tesla Model S buyers frustrated over new features

Oct 17 2014 4:31pm CDT | Source: Autoblog

Filed under: Car Buying, Sedan, Technology, Tesla, Electric Tesla wowed the motoring world when it recently unveiled the all-wheel drive, dual-motor D version that added power and range to the already well-regarded Model S. At the same time, the company showed off a new suite of safe-driving tech like a forward-looking camera, radar and ultrasonic sensors to come standard on all models. While the new features might attract some new buyers into the fold, for a few current owners the upgrades ...
Source: Autoblog   Full article at: Autoblog
 

 
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3 days ago

Why Investors Aren’t Excited About Fiat-Chrysler’s NYSE Listing

Oct 17 2014 3:05pm CDT | Source: Car and Driver

Monday marked Chrysler’s first return to the New York Stock Exchange in seven years, albeit hitched to Fiat. It was a welcoming presence on the exchange, one the Italian-American automaker hopes will spur further investment as it kicks off its most aggressive product expansion yet. The trouble is, apparently investors weren’t feeling the same excitement. Despite a staging of the carmaker’s finest machinery on W ...
Source: Car and Driver   Full article at: Car and Driver
 

 
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3 days ago

Tesla pushes hard against Michigan's anti-direct vehicle sales bills

Oct 17 2014 2:15pm CDT | Source: Autoblog

Filed under: EV/Plug-in, Tesla Motors, Legislation and Policy While Tesla has been fighting against direct-vehicle sales bans in a number of states, the California electric vehicle company doesn't ask for help every time it finds itself in a skirmish. Last year, it did send out some ravens calling for assistance in Ohio. It has done so again to deal with a fast-moving situation in Michigan. A new bill, House Bill 5606, would not allow a vehicle manufac ...
Source: Autoblog   Full article at: Autoblog
 

 

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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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