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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 We are proud to strengthen our relationship with Tesla Motors. Toyota has also purchased $50 million of Tesla’s common stock.

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Tesla Motors Won't Need More Money, Says CEO Musk

Green Car Reports

Tesla Motors released its 2011 financial results today and held a conference call this evening for financial analysts to question officials. Perhaps the most significant is Musk's claim that Tesla won't need to raise any more capital. Tesla does not need to ever raise another.

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Tesla Hopes To Hire Hackers To Ensure Security Of Its Cars, Present And Future

Green Car Reports

Tesla Motors, for example, recently attended the Def Con security conference in Las Vegas in order to hire hackers to develop.'

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Tesla providing Range Assurance and Trip Planner application in Model S software update

Green Car Congress

Tesla Motors will address range anxiety for Model S drivers through an over-the-air (OTA) software update that will include a Range Assurance application that runs even when the car is shut off and a Trip Planner, CEO Elon Musk said during a press conference.

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Electric-Car Batteries, Rolling Coal, Luring Tesla Gigafactory: Today's Car News

Green Car Reports

Lots of Tesla news today--including hackers, purchase incentives, even environmental rules in California--plus jet fuel from tobacco, and the odious practice of "rolling coal." Tesla Motors recently showed up at a hacker conference, looking to hire software hackers to ensure its present and future cars are.'

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Wrightspeed partners with AxleTech on heavy-duty electric drive

Green Car Congress

The custom axle-outfitted GTD unit is featured in the Mack Trucks booth at the WasteExpo conference in Nevada this week. Wrightspeed is rapidly expands its supply chain team, bringing on experts with experience at Tesla Motors, Ford, Cummins, and others to meet strong demand for new powertrain technology. Click to enlarge.

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Tesla Gigafactory Going To Nevada, Apparently (First One, Anyhow)

Green Car Reports

A press conference to be held this afternoon may answer one of the major questions for the future of electric-car maker Tesla Motors: Where will it locate its gigafactory? The answer appears to be Nevada.

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