10 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...

Filed under: news

 
 
 

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
9

6 weeks ago

As Dealers Become Irrelevant, NADA Fights Back: "At Least We're Not Selling Furniture!"

Nov 4 2014 10:22am CST | Source: The Car Connection

What would a world without auto dealerships look like? A generation ago, the question would've seemed absurd, but today, we may be on the way to finding out. Tesla is upending the traditional auto sales model, showing off its cars in relaxed "galleries" and selling its vehicles online. Survey after sur ...
Source: The Car Connection   Full article at: The Car Connection
 

 
Update
8

6 weeks ago

Ford F-150 Vs Chevy Volt Vs Tesla Model S: Which Is Most Important Vehicle Of The Decade?

Nov 4 2014 10:15am CST | Source: Honda Insight Reviews

Now that the 2015 model year is fully upon us, the decade is half-over. And those kinds of milestones always lead writers to look back and assess how far we've come. In the case of automobiles, we see three different vehicles launched over the last five model years that have radically changed the lan ...
Source: Honda Insight Reviews   Full article at: Honda Insight Reviews
 

 
Update
7

6 weeks ago

Car Dealers Fire Back: Why Negotiating Is Good For Car Buyers (Video)

Nov 4 2014 9:00am CST | Source: Hybrid SUV Reports

The battle between Tesla Motors, which sells its electric cars directly to customers over the Internet, and the nation's car dealers--which want to make that practice illegal--has raged for four years. Now, it seems to be starting to breed a wider conversation about the role of franchised deale ...
Source: Hybrid SUV Reports   Full article at: Hybrid SUV Reports
 

 
Update
6

6 weeks ago

Toyota Fuel Cell Sedan 'Featured' At Rally Course In Japan

Nov 4 2014 8:30am CST | Source: Green Car Reports

The Toyota Fuel Cell Sedan doesn't go on sale until next year, but it's already made its motorsport debut. Sort of. DON'T MISS: Will The Toyota Fuel Cell Sedan Target The Tesla Model S? The hydrogen fuel-cell car was "featured" in the final round of the 2014 Japanese Rally Championship over the weekend, where it ran the course b ...
Source: Green Car Reports   Full article at: Green Car Reports
 

 
Update
5

6 weeks ago

Hyundai/Kia MPG Fudging Nets $100 Million Fine from EPA

Nov 3 2014 1:56pm CST | Source: Car and Driver

The Environmental Protection Agency and the U.S. Justice Department just settled with Hyundai and Kia to the tune of $100 million, the largest Clean Air Act penalty ever assigned. The fine stems from claims that the Korean carmakers sold 1.2 million cars in the U.S. with overly optimistic fuel-economy ratings. The EPA contends that the vehicles sold under the inaccurate fuel-mileage ratings contributed more than 5.2 million unaccounted tons of greenhouse gases ...
Source: Car and Driver   Full article at: Car and Driver
 

 
Update
3

6 weeks ago

An electrifying journey

Nov 3 2014 11:41am CST | Source: Driving Canada

VANCOUVER – After driving their Tesla Model S from their home in Oregon east to St. John’s, Newfoundland then turning around and driving west to Vancouver, Kathleen Gonsalves says the most remarkable thing about her and husband Ron’s all-electric journey is that “we’re still friends.” The couple’s 24,000-kilometre odyssey began Aug. 27 and ended this past Saturday on the False Creek Seawall at the finish line of the second annual Sun Country E-mazing Race. Or ...
Source: Driving Canada   Full article at: Driving Canada
 

 
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2

6 weeks ago

Mercedes hopes Tesla technology in electric B-Class will help hatch beat BMW i3

Nov 3 2014 7:33am CST | Source: Driving Canada

Mercedes-Benz’s first mainstream electric car has Tesla technology under the hood, though it’s not flaunting it. Unlike BMW, which wrapped its competing emission-free model in futuristic carbon fiber, Mercedes unit put an electric motor and battery inside its existing van-like B-Class hatchback. The only clues that it’s electric are a couple of small decals and the blue trim on the mirrors and front grille. Teaming up with Tesla is supposed to help Mercedes transfer some of the hips ...
Source: Driving Canada   Full article at: Driving Canada
 

 
Update
1

6 weeks ago

Consumer Reports says Tesla Model S reliability is just 'average'

Nov 3 2014 7:00am CST | Source: Autoblog

Filed under: EV/Plug-in, Tesla Motors Tesla Motors chief Elon Musk strikes us as someone who retches at the word "average," especially when it's applied to one of his companies. But that's the reliability grade his company's Model S all-electric sedan has received from Consumer Reports. From what others have reported, that might not be a bad thing. CR reached its conclusion by factoring in both its own experiences and the responses ...
Source: Autoblog   Full article at: Autoblog
 

 
 

<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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