15 Updates

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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Update
14


Quote:
"This is consistent with the primary design goal of the Model S, which is first and foremost to maximize safety. However, we discovered that, due to body side alignment adjustments in the factory, the bonded section of the joint was compromised and the welded section of the joint was weakened in some cars."


Source: The Next Web

 
Update
13

26 minutes ago

Partial Tesla Model S recall

Source: Hacker News  |   Jun 19 2013, 4:18am CDT

After a careful examination, we have concluded that some Model S vehicles manufactured between May 10, 2013 and June 8, 2013 may contain a defect. Specifically, the attachment strength of the mounting bracket for the left hand ...

Continue reading on: Hacker News  More like this

 
Update
11

51 minutes ago

Tesla Motors recalls Model S cars built in May and June 2013 due to weakened mounting bracket

Source: The Next Web  |   Jun 19 2013, 3:53am CDT

Tesla Motors has announced a partial recall for some of its Model S vehicles due to a weakened mounting bracket for the left-hand latch of the rear seats. Elon Musk, CEO and Chairman of Tesla Motors, confirmed that a number of cars bu ...

Continue reading on: The Next Web  More like this

 
Update
10

57 minutes ago

Tesla Model S recalled

Source: Autocar  |   Jun 19 2013, 3:47am CDT

A number of Tesla Model S saloons have been recalled after a seat-latch fault was uncovered Tesla says it has not received any reports of injuries resulting from the fault Tesla is recalling a number of Model S saloons after it uncovered a potentia ...

Continue reading on: Autocar  More like this

 
Update
9

1 hour ago

Tesla recalls about 800 Model S vehicles

Source: MarketWatch  |   Jun 19 2013, 3:26am CDT

Want to see how this story relates to your portfolio? Just add items to create a portfolio now: LONDON (MarketWatch) -- Tesla Motors (NASDAQ:TSLA) said Wednesday that it is recalling about 800 of its Model S vehicles t ...

Continue reading on: MarketWatch  More like this

 
Update
8

1 hour ago

Tesla issues partial recall of Model S electric sedan

Source: The Verge  |   Jun 19 2013, 3:18am CDT

The defect could cause the seat back to come loose in the event of a crash. Musk stresses that there have been no complaints, no injuries (that the company is aware of), and no weld failures. Customers affected by the f ...

Continue reading on: The Verge  More like this

 
Update
7

1 hour ago

Tesla Model S recall after rear seat crash risk spotted

Source: Slashgear  |   Jun 19 2013, 3:17am CDT

Tesla has announced a partial recall of the Model S electric car, after the discovery of a shortcoming in how the rear seats are fixed to the EV’s body. The issue – which Tesla is at pains to point out has not actually res ...

Continue reading on: Slashgear  More like this

 
Update
6

2 hours ago

TOP NEWS: Tesla and its Dealers are Set for Battle

Source: Automotive Digest  |   Jun 19 2013, 2:01am CDT

Tesla Motors is allow­ing local auto deal­ers to show, but not sell, their cars – which is buck­ing up against deal­ers and fran­chise laws in some states. Get the details on the power strug­gle in bat­tle­ground states. Elon Musk made a for­tune d ...

Continue reading on: Automotive Digest  More like this

 
Update
5

3 hours ago

Charming Teslagrad also targeting Wii U this fall

Source: Destructoid  |   Jun 19 2013, 1:37am CDT

Using electricity and magnetism, players will solve puzzles in Tesla Tower. Two other points caught my eye: there are no cutscenes or speech bubbles -- Rain Games is relying on "visual storytelling" -- and the game also features "old-school" boss f ...

Continue reading on: Destructoid  More like this

 
Update
4

7 hours ago

REUTERS SUMMIT-Tesla to deploy local lawyers to challenge U.S. dealer laws

Source: Reuters  |   Jun 18 2013, 8:54pm CDT

* Tesla wants to sell directly to consumers * Is facing strong opposition from local politicians, dealers SAN FRANCISCO, June 18 (Reuters) - Tesla Motor Inc is marshalling lawyers across the country to prepare for a "mu ...

Continue reading on: Reuters  More like this

 
Update
3

8 hours ago

The RAV4 EV is no Tesla in Toyota clothing

Source: CNET  |   Jun 18 2013, 7:57pm CDT

Just about every automaker has an electric vehicle in its lineup now, from the Nissan Leaf to the soon-to-be-released BMW i3 , but among this crop of quiet cars there is only one electric SUV. The Toyota RAV4 EV ca ...

Continue reading on: CNET  More like this

 
Update
2

8 hours ago

Toyota taps Tesla for its electric RAV4 EV (pictures)

Source: CNET  |   Jun 18 2013, 7:57pm CDT

Toyota joins the new crop of electric vehicle makers with its RAV4 EV, using a driveline sourced from partner Tesla Motors. Toyota's is the first SUV among the new crop of electric vehicles, although it's th ...

Continue reading on: CNET  More like this

 
Update
1

10 hours ago

How Many Quarter-Mile Races Can the Tesla Model S Do On One Charge?

Source: Carscoop  |   Jun 18 2013, 6:13pm CDT

Fears regarding the Tesla Model S’ one-charge range don’t only concern the more eco-minded drivers who are set to achieve the maximum range out of it, because those with a faster driving style who also happen to like racing the cla ...

Continue reading on: Carscoop  More like this

 
 

16 weeks 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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<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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