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

4 hours ago

Tesla China Sales, Aluminum Ford Super Duty Trucks, 2015 Zero Electric Motorcyles: Today's Car News

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

Today's theme is "variety." We've got a report on Tesla Motors sales in China, confirmation of aluminum-bodied 2016 Ford Super Duty pickup trucks, and an overview of the updated line of 2015 Zero electric motorcycles. All this and more on Green Car Reports. 2015 Zero electric motorcyles get a handfu ...
Source: Diesel Reports   Full article at: Diesel Reports
 

 
Update
10

6 hours ago

Tesla Model S China Sales 'Robust', Electric Car Waiting List Long: Analyst

Sep 30 2014 9:00am CDT | Source: All Small Cars

Tesla Motors sales in China are "robust," and the company may have as many as 4,000 reservations for its Model S--which it only started selling in China five months ago. The upbeat assessment came from Patrick Archambault, a Goldman Sachs analyst who has followed Tesla Motors [NSDQ:TSLA] since its ini ...
Source: All Small Cars   Full article at: All Small Cars
 

 
Update
9

7 hours ago

Tesla Passes 200 Supercharger Sites, Only 60 Percent In U.S.

Sep 30 2014 8:00am CDT | Source: Diesel Reports

Tesla Motors' steadily-growing network of Supercharger DC fast-charging stations for its electric cars recently hit a significant milestone. The Silicon Valley carmaker recently announced that its 200th Supercharger site is now open, in Oxnard, California--about 35 miles northwest of Los Angele ...
Source: Diesel Reports   Full article at: Diesel Reports
 

 
Update
8

18 hours ago

2016 Chevy Volt Camouflage So Secret That GM Issues Press Release

Sep 29 2014 8:33pm CDT | Source: Jalopnik

The styling of the next-generation Chevy Volt is one of the automotive world's best-kept secrets, and this I know because that is the exact first line of Chevy's press release concerning the styling of the 2016 Chevy Volt , complete with picture. And they want you to know all about the styl ...
Source: Jalopnik   Full article at: Jalopnik
 

 
Update
6

20 hours ago

Totaled Tesla Model S is a case of buyer beware

Sep 29 2014 6:10pm CDT | Source: Autoblog

Filed under: EV/Plug-in, Tesla Motors, Legislation and Policy, USA, Videos Getting a Tesla Model S for just $50,000 is a steal, but when it's a salvage title car and was written off as totaled by an insurance company, the bargain might not be worth the headache. That's what a San Diego man is learning now that he's having trouble getting his fancy but damaged electric vehicle to work. Tesla has a different version of th ...
Source: Autoblog   Full article at: Autoblog
 

 
Update
5

1 day ago

Wrecked Tesla, Dopey Dealers, VW Passat Plug-In Hybrid, Sakti3 Batteries: Today's Car News

Sep 29 2014 10:30am CDT | Source: Diesel Reports

We've got two Tesla stories--one in which a car-dealer rep says something really dumb--plus a debate over green transport, VW's second plug-in hybrid, and the emergence of a secretive battery startup with ties to GM. All this and more today on Green Car Reports. On Saturday, we covered the prior we ...
Source: Diesel Reports   Full article at: Diesel Reports
 

 
Update
4

1 day ago

2015 Honda Civic Type R, Porsche 918 Spyder Fire, Buying A Crashed Tesla: Today’s Car News

Sep 29 2014 10:00am CDT | Source: Motor Authority

Honda has released the first specs for its 2015 Civic Type R, a high-performance version of the Civic hatchback that the rest of the world enjoys. In addition to the new specs, we’ve also been treated with another concept version of the car, this time painted blue. We’re sad to report that a Porsche 918 Spyde ...
Source: Motor Authority   Full article at: Motor Authority
 

 
Update
3

1 day ago

2015 Ford Mustang, Tesla Vs. Iowa, First Challenger SRT Hellcat: What’s New @ The Car Connection

Sep 29 2014 9:30am CDT | Source: The Car Connection

From The Car Connection: 2015 Ford Mustang Review The sixth-generation 2015 Ford Mustang has arrived, and for the faithful, it's a watershed moment. The new Mustang fully extracts the pony car from its plebeian beginnings--it's now a luxury sport coupe of the first order, with enough performa ...
Source: The Car Connection   Full article at: The Car Connection
 

 
Update
2

1 day ago

Buying A Crashed Tesla Model S: Damage, Risk, Safety, Salvage, And Reporting

Sep 29 2014 7:00am CDT | Source: Hybrid SUV Reports

Caveat emptor. Or, for those less conversant in Latin, buyer beware. That's the lesson that should always apply when buying a used car. Especially one with obvious damage. Especially a used electric car that's been so badly damaged that it's been declared a total writeoff by an insurance company, meaning that it' ...
Source: Hybrid SUV Reports   Full article at: Hybrid SUV Reports
 

 
Update
1

1 day ago

Tesla's Musk will speak at Automotive News World Congress

Sep 28 2014 11:02pm CDT | Source: Automotive News

Elon Musk, the founder and CEO of Tesla Motors Inc., will be a featured speaker at the Automotive News ...
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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