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Is Tesla Motors A Carmaker.Or Really A Grid-Storage Company?

Green Car Reports

Many among the Detroit auto media were skeptical of Tesla Motors for years, correctly noting just how hard it is to start a car company and build a genuinely appealing product--electric car or not.

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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 posts first quarterly profit

Green Car Congress

According to the shareholder letter, the company exceeded its targets for deliveries; significantly expanded gross margin; and improved execution throughout the company. Excluding non-cash warrant and stock option items, the company generated a profit of $15 million. customers are selling other customers on the car.

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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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Tesla Motors interested in licensing battery and EV tech to Toyota and others

Green Car Congress

Tesla Motors is interested in licensing its battery and other EV technologies to Toyota Motor Corp. Tesla is also interested in joining hands with Toyota in the area of customer service, Musk said, adding that Tesla's cars can be serviced at Toyota facilities. Earlier post.).

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First Three Conditional Loan Commitments Under DOEs ATVM Program go to Ford Motor Company, Nissan Motors and Tesla Motors

Green Car Congress

billion for Ford Motor Company; $1.6 and $465 million to Tesla Motors. Ford Motor Company will receive $5.9 In addition, theses loans will help the company convert two truck plants to the production of cars. Tesla Motors will receive $465 million in two parts.

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Tesla Motors Buys 35-Acre Test Facility In Fremont, CA

Green Car Reports

As Tesla Motors [NSDQ:TSLA] faces the obstacle of obstreperous dealer organizations, rides the wave of its strong production figures, and quietly welcomes recent evidence that its batteries in the Roadster are lasting longer than predicted, another development: the electric car company has purchased a 35-acre tract adjacent to its Fremont, CA.'