Tesla Motors

Tesla to produce a quicker version of Model S

Tesla to produce a quicker version of Model STesla Chief Executive Elon Musk has reportedly said that the car manufacturer would bring a higher performance version of the Tesla Model S electric-powered sedan, which is expected to be launched next year.

The Tesla Model S sedan will be capable of sprinting from zero to 60 mile per hour in just 5.6 seconds.

SpaceX to launch a Thai TV broadcasting satellite in 2013

SpaceXHawthorne-based rocket manufacturer SpaceX has confirmed that it had hit a contract with Thaicom Plc. to launch a television broadcasting satellite.

SpaceX, the brainchild of Tesla Motors CEO and PayPal co-founder Elon Musk, will launch the Thaicom 6 satellite aboard a Falcon 9 from Cape Canaveral, Fla., sometime in the second quarter of 2013.

Tesla Motors files lawsuit against BBC’s 'Top Gear' for libel

Tesla Motors files lawsuit against BBC’s 'Top Gear' for libelElectric carmaker Tesla Motors Inc has filed a lawsuit against the BBC television show “Top Gear” for libel & malicious falsehood.

Top Gear showed a Tesla Roadster running out of electric charge during a race with the Lotus Elise- a gas-powered car. Tesla claimed the concerned television show represented the performance of its electric vehicle falsely.

Tesla Records a Descend in Shares Below the Initial Price

Tesla Records a Descend in Shares Below the Initial PriceTesla Motors is facing serious share downfall despite the profitable head start the market witnessed in its debut-day. Tesla Shares recorded to worth less than their $17 original offering price on Tuesday, after the slid of the share price to $16.11.

Tesla announces its upgraded fourth-generation roadster - Roadster 2.5

Close on the heels of its last week initial public offering, Tesla has recently announced an upgraded fourth-generation roadster – the sleek-design Roadster 2.5, which apparently is a sheer novelty with its quiet space-age hum!

Some of the key cosmetic changes that the Roadster 2.5 features include enhancement of interiors; revamped front clip and rear diffuser; and new forged wheel designs.

Tesla Motors’ strong trading debut sparks hopes for electric-car market

Tesla Motors

Elon Musk, the co-founder and CEO of Tesla Motors, told CNBC on Tuesday that the Palo Alto, California-based company’s initial public offering (IPO) received an “incredibly positive outcome from the smartest investors in the world” and raised over $200 million.