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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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1 hour ago

Rumormill: Is Land Rover developing an all-electric Tesla Model X rival?

Oct 31 2014 10:37am CDT | Source: Autoblog

Filed under: SUV, Technology, Land Rover, Electric, Off-Road Tesla will soon put its all-electric Model X crossover on sale, and if it's anywhere near as successful as the brand's four-door sedan the Model S, then it'll be a hell of an attention getter for mainstream automakers. Land Rover isn't waiting for proof of the Model X's success, though. According to reports, Land Rover could be preparing an all-electric Range Rove ...
Source: Autoblog   Full article at: Autoblog
 

 
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4 hours ago

Life With Tesla Model S: At Last, Some Maintenance Needed (New Tires)

Oct 31 2014 7:30am CDT | Source: All Small Cars

After 20 months and 26,000-plus miles, I finally spent my first dollar on maintenance for my 2013 Tesla Model S. Almost 2,000 of them, in fact. The total was $1,858--the cost of four new tires and Tesla's recommended annual service. Up till that point, tire rotations, washer fluid replace ...
Source: All Small Cars  Full article at: All Small Cars
 

 
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21 hours ago

Awesome Chinese Carpenter Made His Own Electric Car Out Of Wood

Oct 30 2014 1:40pm CDT | Source: Jalopnik

Why wait for a Tesla when you could just build an electric car yourself? Well, other than the splinters, ...
Source: Jalopnik   Full article at: Jalopnik
 

 
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23 hours ago

Austrian company AeroMobil creates an actual flying car

Oct 30 2014 11:46am CDT | Source: Driving Canada

Move over, autonomous cars. An Austrian company has just taken the wraps off a fully-functional car that can actually fly. Known as the AeroMobil 3.0, the flying car is the work of Stefan Klein, head of the Department of Transport Design at Slovakia’s Academy of Fine Arts. It can be refueled at any conventional gas stations when its wings are retracted and requires just a few feet of runway to take off. The AeroMobil ...
Source: Driving Canada   Full article at: Driving Canada
 

 
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1 day ago

Tesla Sales Battle, Nissan Leaf-To-Home Test, Mid-Size Sedan Gas Mileage: Today's Car News

Oct 30 2014 10:30am CDT | Source: Diesel Reports

Today we've got stories on a battle between Tesla Motors and trade journal Ward's Auto over the electric-car maker's sales numbers, a test of Nissan's Leaf-To-Home power station in Japan, and a gas mileage comparison of the Ford Fusion and Hyundai Sonata. All this and more on Green Car Repo ...
Source: Diesel Reports   Full article at: Diesel Reports
 

 
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1 day ago

Elon Musk Vs Ward's: A Sales Battle Tesla Brought On Itself

Oct 30 2014 10:00am CDT | Source: All Small Cars

It all started when stock analysts began circulating an estimate from auto-industry trade journal Ward's Auto that Tesla sales were down 26 percent in the third quarter. It was covered in a Wall Street Journal story, and Tesla's stock price fell. On Tuesday, Tesla Motors CEO Elon Musk took ...
Source: All Small Cars  Full article at: All Small Cars
 

 
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1 day ago

Tesla Model S Dashboard: Teardown Analysis Reveals Tablet-Like Construction

Oct 30 2014 6:00am CDT | Source: Hybrid SUV Reports

With its massive 17-inch touchscreen display and very few secondary controls, the dashboard of a Tesla Model S electric car looks like nothing else on sale from any other automaker. The differences continue beneath the surface, where the Model S dashboard appears to borrow heavily from the designs of smart ...
Source: Hybrid SUV Reports   Full article at: Hybrid SUV Reports
 

 
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1 day ago

All-electric Range Rover considered to rival Tesla Model X

Oct 30 2014 5:40am CDT | Source: World Car Fans

A new report indicates Land Rover is working on a pure electric Range Rover model to compete with the forthcom ...
Source: World Car Fans   Full article at: World Car Fans
 

 
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1 day ago

Land Rover Eyes Electric SUV To Rival Upcoming Tesla Model X: Report

Oct 30 2014 3:30am CDT | Source: Motor Authority

Following news that Germany’s major luxury brands are all planning high-end electric cars to take on Tesla Motors’ [NSDQ:TSLA] Model S and upcoming Model X, we now have details on similar plans at Land Rover. The British automaker is rumored to be eying a low-slung, car-like crossove ...
Source: Motor Authority   Full article at: Motor Authority
 

 
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1 day ago

Why Fiat-Chrysler Is Spinning Off Ferrari: An Analyst Weighs In

Oct 29 2014 3:21pm CDT | Source: Car and Driver

Today’s announcement that Fiat-Chrysler will spin off Ferrari into a separate company rocked the automotive world. Coming hot on the heels of the fiery resignation of longtime Ferrari CEO Luca Cordero di Montezemolo, the Italian-American auto conglomerate’s decision to shed Ferrari seems particularly chaotic. We spoke with Dave Sullivan, an analyst at AutoPacific, to get some insider insight on the deal. “In Q2 of th ...
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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