11 Updates
Despite Tesla Successes the Company May Not Be Ripe for Takeover

Despite Tesla Successes the Company May Not Be Ripe for Takeover

Jun 25 2013, 1:00pm CDT | by

Musk may not want to sell

Electric vehicle maker Tesla has been in the news a lot lately. The company paid off its federal loans years early and has one of the few truly successful electric vehicles on the market. Some...

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1 year ago

Despite Tesla Successes the Company May Not Be Ripe for Takeover

Jun 25 2013, 1:00pm CDT | by

Musk may not want to sell

Electric vehicle maker Tesla has been in the news a lot lately. The company paid off its federal loans years early and has one of the few truly successful electric vehicles on the market. Some believe that the fact that Tesla had paid off its government loans so early could make the company ripe for takeover. However, Tesla may not be as likely a takeover target has some analysts believe.

Tesla's loans with the Department of Energy had verbiage reports Bloomberg that limited Tesla's ability to sell itself. With those loans paid off the company can now sell to whoever it wants to. However, factors limiting Tesla's ability to sell remain. Perhaps the largest of those factors is the fact that Tesla CEO Elon Musk may not want to sell his company.

Potential suitors may also be concerned that Tesla has only just now reported its first quarterly profit in its 10-year history. Tesla is currently trading stock for 816 times its estimated earnings for 2013. That values the company at over $5 billion.

 
Update
11

7 hours ago

Tesla's gigafactory could make electric cars rival gas cars

Jul 23 2014 8:05pm CDT | Source: Car Craft

Electric Bicycles Hire In Madrid
The massive lithium-ion battery plant is slated to open in 2017 and is said to bring down the battery cost per kWh by 30 perce ...
Source: Car Craft   Full article at: Car Craft
 

 
Update
10

14 hours ago

TopSpeed Podcast Episode 021 LIVE

Jul 23 2014 1:00pm CDT | Source: Top Speed

2014 BET Experience At L.A. LIVE - Music Matters Presented By Nissan
Ladies and Gentleman, tomorrow is the TopSpeed Podcast day. Or Thursday as the boring people call it. We would love it if you would join us for the 21st Episode of our awesome podcast LIVE tomorrow at Noon (1200 EDT).This week I get to talk about the Nissan Versa Note, Justin had a Miata, and Mark played around with a Lexus IS convertible.For the news portion of our show we have the Tesla Model III, spy shots of the upco ...
Source: Top Speed   Full article at: Top Speed
 

 
Update
9

17 hours ago

2015 VW e-Golf Vs. Golf TDI, Tesla Model X Prep, 2015 Ford F-150 Engine Details: Today's Car News

Jul 23 2014 9:49am CDT | Source: All Small Cars

Incoming Ford CEO Mark Fields Unveils New 2015 Ford Edge
Today on Green Car Reports: We drive the 2015 Volkswagen e-Golf electric car and Golf TDI diesel back to back, Tesla halts Model S assembly to prepare for the Model X, and Ford details fuel-efficient engines for the 2015 F-150. All this and more on Green Car Reports. Electric o ...
Source: All Small Cars  Full article at: All Small Cars
 

 
Update
8

18 hours ago

Audi won't race BMW and Tesla in EVs - report

Jul 23 2014 9:20am CDT | Source: World Car Fans

Tesla In Concert - Indianapolis, IN
According to a recent report, Audi won’t chase rivals Tesla and BMW in selling pure electric vehicle ...
Source: World Car Fans   Full article at: World Car Fans
 

 
Update
6

18 hours ago

Unplugged Performance sweetens the look of your Tesla Model S for around $6,000

Jul 23 2014 9:08am CDT | Source: Autoblog

Filed under: EV/Plug-in, Green Culture, Tesla Motors, AutoblogGreen Exclusive Tesla electric vehicles are no strangers to the tuner set. Saleen is working on a modified Model S. Brabus once offered neon for your Roadster. And new we find a number of body panel upgrades for the Model S from Unplugged Performance. Unplugged Performance has its offices right by the Tesla's Supercharger in Hawthorne, CA, and sales manager Mark Borushko told Autoblo ...
Source: Autoblog   Full article at: Autoblog
 

 
Update
5

19 hours ago

Is This The Site Of Tesla's Gigafactory Battery Plant?

Jul 23 2014 8:10am CDT | Source: Jalopnik

SERBIA-TRANSPORT-AVIATION
Way back in April, the hype over which state would get Tesla Motors' Gigafactory battery plant reached its zenith. But an official announcement was never made, and since then it's been more or less radio silence. Now, some new clues lead Tesla-watchers to think that a site near Reno, Nevada will be the home of the Gigafacto ...
Source: Jalopnik   Full article at: Jalopnik
 

 
Update
4

20 hours ago

Tesla Halts Model S Assembly, Prepares For Model X

Jul 23 2014 7:00am CDT | Source: Honda Insight Reviews

Bloomberg Breakfast - 2014 Tribeca Film Festival
Tesla Motors has halted production of the Model S electric car while it upgrades the assembly line for its next vehicle--the Model X crossover. A two-week production hiatus will give the firm enough time to complete a full $100 million upgrade to the plant, before production restarts at increased speed. According to Bloomberg, the up ...
Source: Honda Insight Reviews   Full article at: Honda Insight Reviews
 

 
Update
3

22 hours ago

Tesla stops Model S production to get Fremont plant ready for Model X

Jul 23 2014 5:20am CDT | Source: World Car Fans

Infiniti Red Bull Racing RB9 Launch
Tesla Motors spokesman Simon Sproule told Bloomberg production of the Model S has been stopped to make the necessary preparations for the Model X ...
Source: World Car Fans   Full article at: World Car Fans
 

 
Update
2

1 day ago

Tesla prepares California plant for Model X sport utility

Jul 22 2014 10:37pm CDT | Source: Car Craft

Solar Panel Farm In East Charlotte, Vermont
Carmaker is preparing up to deliver its first sport utility vehicle. The Model X is expec ...
Source: Car Craft   Full article at: Car Craft
 

 
Update
1

1 day ago

Tesla prepares California plant for Model X sport utility

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

Solar Panel Farm In East Charlotte, Vermont
Carmaker is preparing up to deliver its first sport utility vehicle. The Model X is expected to arrive i ...
Source: CNET Car Tech   Full article at: CNET Car Tech
 

 

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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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