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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.

 
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1 hour ago

Tesla Model S: The Electric Car For 'Mistresses', Apparently

Aug 22 2014 7:00am CDT | Source: Green Car Reports

Most buyers of expensive luxury sedans are men, and most Tesla Model S electric car drivers seem to be men too. There are notable exceptions, of course, including NASCAR ARCA-series racer and self-described "vegetarian hippie chick" Leilani Münter. But now, apparently, the fast, sleek, expensive, and fashio ...
Source: Green Car Reports   Full article at: Green Car Reports
 

 
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3 hours ago

Motor Mouth: A self-driving motorcycle is a ridiculous idea

Aug 22 2014 5:00am CDT | Source: Driving Canada

Surely, this is the first sign that Google has jumped the shark. Or, perhaps, it’s just the latest indicator that the ever-expanding tech company has — cue hackneyed comparisons with the Terminator‘s Skynet — thoughts of world domination. At the very least, the Mountain View, Calif.-based tech giant is showing itself seriously tone-deaf to the issues surrounding human-machine interaction. Having successfully created the self-driving car — never mind that Google has gloriously ...
Source: Driving Canada   Full article at: Driving Canada
 

 
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15 hours ago

Start your Tesla engines...with your iPhone, report says

Aug 21 2014 5:46pm CDT | Source: CNET Car Tech

Leaked screenshots of OS 6.0 show that the updated firmware will come with several new features, including the abi ...
Source: CNET Car Tech   Full article at: CNET Car Tech
 

 
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15 hours ago

Start your Tesla engines...with your iPhone, report says

Aug 21 2014 5:46pm CDT | Source: Car Craft

Leaked screenshots of OS 6.0 show that the updated firmware will come with several new features, including the ability to go fully keyless ...
Source: Car Craft   Full article at: Car Craft
 

 
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22 hours ago

Ford Mustang MPG, Tesla Gigafactory, Electric-Car Battery Winner: Today's Car News

Aug 21 2014 10:30am CDT | Source: All Small Cars

Today's news is all about technology. Leaked window stickers reveal fuel-economy ratings for the 2015 Ford Mustang EcoBoost, states compete to meet Tesla's "Gigafactory" criteria, and we delve into the complex all-wheel-drive Acura RLX Hybrid. All this and more on Green Car Reports. Struggling with financial issues, NEVS has revealed a proto ...
Source: All Small Cars  Full article at: All Small Cars
 

 
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23 hours ago

Tesla Owners Will Be Able to Start Their Cars With Only an iPhone

Aug 21 2014 9:35am CDT | Source: Jalopnik

Tesla's Model S is so technologically advanced, it gets software updates the way your old fashioned car gets oil changes. And rumor has it the newest update will let iPhone-using Tesla owners forget their car keys forever: The car will soon recognize the owner's phone to star ...
Source: Jalopnik   Full article at: Jalopnik
 

 
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1 day ago

Audi welcomes Tesla in Hamburg through a billboard

Aug 21 2014 8:10am CDT | Source: World Car Fans

Audi has surprisingly welcomed Tesla in the city of Hamburg, Ge ...
Source: World Car Fans   Full article at: World Car Fans
 

 
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1 day ago

Tesla Battery Gigafactory: Speed, Incentives, Power-Line Proximity Crucial

Aug 21 2014 7:00am CDT | Source: All Small Cars

Tesla Motors' proposed "gigafactory" to make lithium-ion cells and battery packs for electric cars won't just benefit drivers; it will also benefit the state where it's located. With an estimated 6,500 jobs in the balance, the gigafactory is one of the larger job-creating manufacturing projects in recent years. Tesla origin ...
Source: All Small Cars  Full article at: All Small Cars
 

 
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1 day ago

Tesla Wants to Pay Hackers a Full-Time Salary to Break Its Cars

Aug 20 2014 3:06pm CDT | Source: Car and Driver

Computer hackers, call off your salvos against Microsoft and stop trying to wreck our blog: Break into a Model S and Tesla might hire you. The electric automaker wants to hire up to 30 full-time employees from the hacking community, as evidenced from its display at the recent annual Def Con conference in Las Vegas. More than 10,000 coders and network-security pros (the nice people who point out digital flaws without destroying the whole worl ...
Source: Car and Driver   Full article at: Car and Driver
 

 
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1 day ago

Tesla News Video, VW 'XL2' Rumored, Hydrogen Stories: Today's Car News

Aug 20 2014 10:15am CDT | Source: Green Car Reports

Today's news spans three types of powertrain. We recap the last two weeks of whirlwind Tesla news on video, explain our reasoning for writing about hydrogen fuel-cell cars, and delve into rumors of a four-seat Vollkswagen "XL2" diesel plug-in hybrid. All this and more on Green Car Report ...
Source: Green Car Reports   Full article at: Green Car Reports
 

 

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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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