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Technology Credit Union announces financing relationship with Tesla Motors

Green Car Congress

Tech CU (Technology Credit Union) is working with Tesla Motors as a preferred financing partner for their Model S, Model X and Roadster electric vehicles, offering up to 100% financing with a competitive annual percentage rate (APR). Tech CU is among the first credit unions in the country to offer car loans for Tesla vehicles.

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Tesla Motors opens assembly plant in Tilburg, Netherlands

Green Car Congress

Having begun the first European deliveries of Model S, Tesla Motors opened its Tilburg Assembly Plant. The Tilburg facility will serve as the final assembly and distribution point for Model S vehicles sold in Europe as well as Tesla’s European service and parts headquarters.

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Panasonic invests $30M in Tesla Motors

Green Car Congress

Panasonic Corporation has invested $30 million in Tesla Motors. The investment was made through the purchase of Tesla common stock in a private placement at a price of $21.15 Panasonic aims to be the number one Green Innovation Company in the Electronics Industry by 2018, the 100 th anniversary of our founding.

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Tesla Motors launches Supercharger network in Norway

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Tesla Motors introduced the first elements of its European Supercharger network—a set of fast charging stations across Norway. With locations in Lyngdal, Aurland, Dombås, Gol, Cinderella and Lillehammer, Norway’s most vital and commonly used roads and highways are covered by Tesla Superchargers.

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Tesla Motors posts first quarterly profit

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Tesla reached profitability in the first quarter of 2013 for the first time in its ten year history. Total revenues for Q1 rose 83% from Q4 to $562 million, a new record for Tesla. Tesla reaffirmed its prior guidance of a gross margin of 25% in Q4 2013, assuming zero ZEV credit revenue.

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Green Hero: Tesla Motors

Green Cars News

It’s been a breakthrough year for Tesla Motors. While many electric car start-ups have fallen by the wayside during the year, Tesla finally posted profits during the first quarter of 2013 (see article): its first profits after 10 years in business. Tesla Motors Green Hero'

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Ohio Dealers Renew Assault Against Tesla Motors Sales

Green Car Reports

The legislative battle that pits Ohio car dealers against Tesla Motors and its company-owned stores continues. The Cleveland Plain Dealer reports that the car dealers are once again pushing legislation that would keep Tesla from selling cars in the Buckeye State.

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