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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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We visited ECD Automotive’s new facility where it’s building electric Jaguar E-Types with Tesla motors

Electrek

It’s here that the company is setting up a second assembly line to build all-electric versions of the Jaguar E-Type to join all the classic Land Rovers it has been converting for years. The post We visited ECD Automotive’s new facility where it’s building electric Jaguar E-Types with Tesla motors appeared first on Electrek.

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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).

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Electric Vehicle Spotlight (EVS): ECD Automotive Design is building badass one-of-a-kind electric Land Rovers using Tesla motors

Electrek

The company has recently begun building electric versions of its one-of-a-kind vehicles by integrating Tesla motors and battery packs. ” more… The post Electric Vehicle Spotlight (EVS): ECD Automotive Design is building badass one-of-a-kind electric Land Rovers using Tesla motors appeared first on Electrek.

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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 The investment builds upon a multi-year collaboration of the two companies to accelerate the market expansion of the electric vehicle.

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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. Including those factors, its GAAP profit was $11 million.

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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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