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

57 minutes 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 forthcoming T ...
Source: World Car Fans   Full article at: World Car Fans
 

 
Update
10

3 hours 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 crossover, an ...
Source: Motor Authority   Full article at: Motor Authority
 

 
Update
9

15 hours 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 this year, F ...
Source: Car and Driver   Full article at: Car and Driver
 

 
Update
8

20 hours ago

2016 Chevy Volt Powertrain Details, Tesla Competition, 2015 Audi A3 TDI: Today's Car News

Oct 29 2014 10:30am CDT | Source: Honda Insight Reviews

Today, we've got the first details on the second-generation Voltec electric-drive system that will power the 2016 Chevrolet Volt, analysis of how Audi, BMW, and Mercedes-Benz plan to compete with Tesla Motors, and the 2015 Audi A3 TDI is the first of our five nominees for Green Car Reports 2015 Best Car To Buy award. All this and more on Green ...
Source: Honda Insight Reviews   Full article at: Honda Insight Reviews
 

 
Update
6

20 hours ago

Official: Detroit Electric shows new fastback style for SP:01

Oct 29 2014 10:06am CDT | Source: Autoblog

Filed under: Coupe, Performance, Electric, MISC There's been a proud history of basing electric sports cars off of the Lotus Elise. Its lightweight architecture has formed the basis for the original Tesla Roadster, the PG Elektrus, the Rinspeed sQuba concept, the Zytek Elise prototype and the Dodge Circuit EV show car. But those projects have all come and gone. That run might not be over, though, as the next to raise th ...
Source: Autoblog   Full article at: Autoblog
 

 
Update
5

21 hours ago

How Audi, BMW & Mercedes Plan To Compete With Tesla--And Why

Oct 29 2014 9:00am CDT | Source: All Small Cars

We already know that in the next few years, we'll see a slew of mid-size SUVs offered with plug-in hybrid powertrains--most from luxury brands like Audi, BMW, Mercedes, Porsche, and Range Rover. But the German luxury marques are making plans to compete more direct with Tesla Motors and its Model S all-electric long-range luxury sedan. All ...
Source: All Small Cars   Full article at: All Small Cars
 

 
Update
4

23 hours ago

Tesla Model S Gets Huge Incentive In Shangahi: No $12K Fee For Registration

Oct 29 2014 7:30am CDT | Source: Hybrid SUV Reports

The Tesla Model S electric luxury sedan has now been on sale in China for six months, but it recently received a major sales incentive from local officials in Shanghai. That city's municipal government has ruled that Tesla buyers will be exempted from paying the $12,000 registration fee require ...
Source: Hybrid SUV Reports   Full article at: Hybrid SUV Reports
 

 
Update
3

1 day ago

Tesla car owners get exemption from $12,000 Shanghai plates

Oct 29 2014 5:56am CDT | Source: Automotive News

Tesla car owners in Shanghai can register their electric vehicles for free after the city exempted them from paying $12,000 for ...
Source: Automotive News   Full article at: Automotive News
 

 
Update
2

1 day ago

Detroit Electric Updates Design For SP:01 Sports Car

Oct 29 2014 2:30am CDT | Source: Motor Authority

It was just over a year ago that revived electric car brand Detroit Electric revealed a Lotus-based sports car not unlike the original Tesla Roadster. The car was called the SP:01 and was said to be going on sale shortly after the debut with a starting price of $135,000. Since then, Detroit Electric h ...
Source: Motor Authority   Full article at: Motor Authority
 

 
Update
1

1 day ago

Tesla stock bounces back 10% after Musk disputes WSJ on Twitter

Oct 28 2014 3:20pm CDT | Source: Automotive News

Tesla CEO Elon Musk tweeted that sales of the electric Model S rose 65 percent in North America last month and reached a ...
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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