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.

 
Update
11

5 hours ago

There are ways to sneak Tesla Model S into Russia for just 6.5M rubles

Aug 30 2014 4:07pm CDT | Source: Autoblog

Filed under: Sedan, Russia, Tesla, Electric Tesla Fever has extended far and wide, winning over critics and everyday enthusiasts alike. The company is rapidly expanding its efforts both in its home market and abroad, but for some of its wealthy fans, that move isn't happening quite fast enough. Dmitry Grishin is one such enthusiast. The 35-year-old multi-millionaire founder of Russia's Mail.ru is a big fan of Elon Musk's operation, so much so, in fact, that he's decided ...
Source: Autoblog   Full article at: Autoblog
 

 
Update
10

10 hours ago

Georgia Dealers Want Tesla Shut Down

Aug 30 2014 11:00am CDT | Source: Jalopnik

It is no surprise that San Francisco is the number one metro area for EVs, but I would have never guessed that Atlanta would be number two. It seems Georgia dealers have not taken too kindly to this EV popularity and are now petitioning the state legislature to get Tesla shut-down.Read mor ...
Source: Jalopnik   Full article at: Jalopnik
 

 
Update
9

11 hours ago

Weekly Recap: Volvo's $11-billion gamble

Aug 30 2014 10:13am CDT | Source: Autoblog

Filed under: Crossover, Volvo It's ambitious, but Volvo is spending money on core products built on qualities that have made the brand successful in the past. Just how much does it take to revive an iconic premium brand? How does $11 billion sound? That's what Volvo's Chinese owners are spending to give the Swedish company one more shot to make it as a global carmaker. It's a make-or-break proposition. Volvo must get it right, as ...
Source: Autoblog   Full article at: Autoblog
 

 
Update
8

15 hours ago

California lawmakers set to adjourn without Tesla aid

Aug 30 2014 5:40am CDT | Source: Automotive News

California lawmakers are set to adjourn for the year without coming up with incentives to entice Tesla Motors to build a $5 billion battery plant ...
Source: Automotive News   Full article at: Automotive News
 

 
Update
6

1 day ago

Dealers in Georgia petition to shut Tesla down

Aug 29 2014 5:03pm CDT | Source: Automotive News

Auto dealers in Georgia are the latest seeking to shut down Tesla's factory-owned sto ...
Source: Automotive News   Full article at: Automotive News
 

 
Update
5

1 day ago

2016 Chevy Volt Range Extender, Tesla Hunger Games, Toyota Hybrid Sales: Today's Car News

Aug 29 2014 10:41am CDT | Source: Hybrid SUV Reports

Today we have stories on three big green-car names. Find out why the 2016 Chevrolet Volt could get a 75-horsepower range extended, and why states may be stuck in a "Hunger Games" for the massive battery "Gigafactory." Meanwhile, Toyota continues to dominate global hybrid sales. All this and more on Green Car Reports. Are states in a ...
Source: Hybrid SUV Reports   Full article at: Hybrid SUV Reports
 

 
Update
4

1 day ago

Tesla setting up 400 charging stations in China

Aug 29 2014 8:47am CDT | Source: Driving Canada

Tesla, the electric automaker led by CEO Elon Musk, will work with China’s second-largest mobile-phone company to set up charging points for its vehicles. Tesla signed an agreement today with China United Network Communications Corp. to build 400 charging points in 120 Chinese cities at China Unicom outlets, Tesla spokeswoman Peggy Yang said today in a phone interview. The two companies will also build 20 supercharging stations that ...
Source: Driving Canada   Full article at: Driving Canada
 

 
Update
3

1 day ago

Tesla shares jump to record after China charging network deal

Aug 29 2014 6:45am CDT | Source: Automotive News

Tesla Motors shares rose to a new record after the electric-car maker led by Elon Musk reached an agreement to create a vehicle-charging network in China with the country's second-largest mobile-p ...
Source: Automotive News   Full article at: Automotive News
 

 
Update
2

1 day ago

'Tesla Hunger Games': Are States In 'Race To Bottom' For Gigafactory?

Aug 29 2014 6:00am CDT | Source: All Small Cars

Electric-car makers don't normally draw comparisons with dystopian autocracies. But as five states compete to host Tesla Motors' massive battery "Gigafactory," some are comparing the contest with a certain fictional "sporting" event. Welcome to the "Tesla Hunger Games," com ...
Source: All Small Cars  Full article at: All Small Cars
 

 
Update
1

1 day ago

Tesla signs deal to set up 400 charging points in China

Aug 29 2014 5:52am CDT | Source: Automotive News

Tesla Motors has agreed to work with China's second-largest mobile-phone company to set up charging points for it ...
Source: Automotive News   Full article at: Automotive News
 

 

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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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