Tesla Motors

Tesla Motors CEO Musk lost $1.5 billion as stocks plunged

Tesla Motors CEO Musk lost $1.5 billion as stocks plungedWith the shares of electric carmaker Tesla Motors plunging from $176.81 at the close Tuesday to $137.95 on Friday, the company's billionaire CEO Elon Musk has reportedly lost more than $1 billion. Overall, Tesla shareholders lost $4.7 billion - that is, almost 22 percent of their investment - in three days.

Tesla’s Model S sedan is most-registered new car in wealthiest US neighborhoods

Tesla’s Model S sedan is most-registered new car in wealthiest US neighborhoods Data tracking service Edmunds has revealed in a recent report that Tesla Motors' Model S sedan is now the top-selling vehicle in the wealthiest of neighborhoods in the US.

According to the statistics shared by Edmunds, the Model S is the most-registered new car in eight of the country's 25 wealthiest neighborhoods tracked by zip code, measuring by average real-estate values.

Tesla has hired Apple’s VP of Product Design Doug Field to lead new vehicle development

Tesla has hired Apple’s VP of Product Design Doug Field to lead new vehicle developmentAccording to a new TechCrunch report, electric-car manufacturer Tesla Motors has hired Apple executive Doug Field to lead the automaker's new vehicle development. Field, who served as Apple's VP of Product Design, has been hired by Tesla as the company's new VP of Vehicle Programs.

Two top U.S. engineers sign on with crowdfunding site dedicated to building ‘Hyperloop’ transit system

Two top U.S. engineers sign on with crowdfunding site dedicated to building ‘Hyperloop’ transit systemIn a move which is apparently aimed at helping Tesla founder Elon Musk's `Hyperloop' transportation system turn into a reality, two top U. S. engineers have signed on with the southern California crowdfunding startup, JumpStartFund.

Tesla board member: Hybrid cars are not Tesla’s future

 Hybrid cars are not Tesla’s future According to the information shared by Tesla board member Steve Jurvetson with Fox Business Network, the electric-car automaker does not have any plans to produce a hybrid gas-electric vehicle in the future.

Tesla: Model S sedan has got NHTSA’s top US crash rating

 Model S sedan has got NHTSA’s top US crash ratingElectric-car maker Tesla has revealed in a recent announcement that its flagship Model S sedan has received the highest-ever crash test ratings for any car, from the US National Highway Traffic Safety Administration (NHTSA).

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