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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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25 minutes ago

Tesla prepares California plant for Model X sport utility

Jul 22 2014 10:37pm CDT | Source: CNET Car Tech

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Carmaker is preparing up to deliver its first sport utility vehicle. The Model X is expected to ar ...
Source: CNET Car Tech   Full article at: CNET Car Tech
 

 
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Jul 22 2014 5:50pm CDT | Source: Jalopnik

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Elon Musk's humanity-altering company, SpaceX (no, not Tesla), is trying its darndest to create a re-useable rocket booster. But they're not trying to do it with parachutes, followed by a big splashdown. They're trying to do it with more rocket fuel, and this video is proof of a b ...
Source: Jalopnik   Full article at: Jalopnik
 

 
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8 hours ago

Tesla Idles California Plant To Prep For Model X Production

Jul 22 2014 2:37pm CDT | Source: Jalopnik

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Fans of electric falcon-winged sport utility vehicles rejoice! The Tesla Model X is on its way. Tesla's Fremont, Calif. plant is in the process of retooling to produce what will likely be the h ...
Source: Jalopnik   Full article at: Jalopnik
 

 
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9 hours ago

Tesla halts production to prep for Model X

Jul 22 2014 1:38pm CDT | Source: Autoblog

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Filed under: Sedan, Plants/Manufacturing, Crossover, Tesla, Electric That darling of the electric car world, Tesla, is idling production at its factory in Fremont, CA, for the first time in order to expand the factory in preparation for its future Model X crossover. The $100-million renovation will add 25 robots and upgrades to the body shop and assembly line to support the new vehicle. Since it will be offering two models simultaneously, Tesl ...
Source: Autoblog   Full article at: Autoblog
 

 
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9 hours ago

Tesla halts production to prep for Model X

Jul 22 2014 1:20pm CDT | Source: Autoblog

Infiniti Red Bull Racing RB9 Launch
Filed under: Sedan, Plants/Manufacturing, Crossover, Tesla, Electric That darling of the electric car world, Tesla, is idling production at its factory in Fremont, CA, for the first time in order to expand the factory in preparation for its future Model X crossover. The $100-million renovation will add 25 robots and upgrades to the body shop and assembly line to support the new vehicle. Since it will be offer ...
Source: Autoblog   Full article at: Autoblog
 

 
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5

12 hours ago

Tesla Model S Hacked In Chinese Contest

Jul 22 2014 11:00am CDT | Source: Motor Authority

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As cars become increasingly computerized, it's hard to ignore that, like your home computer, it's a target for hackers all around the world. Chinese computer security conference SyScan recently promised a $10,000 reward to anyone who had the skills to hack into Tesla Motors' [NSDQ:TSLA] Model S electric car—and one of the contest's spo ...
Source: Motor Authority   Full article at: Motor Authority
 

 
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4

15 hours ago

Tesla Model S hacked by Chinese computer boffins

Jul 22 2014 7:56am CDT | Source: Recombu

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Remember we reported on a competition that challenged clever people to hack a Tesla Motors Model S? Well, it turns out the all-electric car is no match for one Chinese company, which ...
Source: Recombu   Full article at: Recombu
 

 
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3

15 hours ago

Tesla readies California plant to begin building new SUV

Jul 22 2014 7:44am CDT | Source: Driving Canada

Infiniti Red Bull Racing RB9 Launch
Tesla halted production at its California assembly plant for the first time as it adds robots to accelerate production of electric sedans and prepares to build its Model X sport-utility vehicle. Work to reconfigure the production floor at the facility in Fremont began yesterday and vehicle assembly will resume in two weeks, with a goal of boosting production by 25 percent, said Simon Sproule, a spokesman for the carmaker. The $100 million upgrade will add 25 robots and modify the factory’ ...
Source: Driving Canada   Full article at: Driving Canada
 

 
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15 hours ago

On-board video with Tesla Model S lapping the 'Ring

Jul 22 2014 7:20am CDT | Source: World Car Fans

Professional racing driver Robb Holland took a stock Tesla Model S and tested it around ...
Source: World Car Fans   Full article at: World Car Fans
 

 
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1 day ago

Build your own singing Tesla coil

Jul 21 2014 8:11pm CDT | Source: Car Craft

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TinyTesla allows anyone to build a Tesla coil that shoots arcs of electricity and plays simple MIDI mus ...
Source: Car Craft   Full article at: Car Craft
 

 

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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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