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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.

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Tesla Motors posts first quarterly profit

Green Car Congress

Tesla said it expected this to decline significantly in future quarters, as ZEV credits will only apply to about 1/6 of worldwide deliveries, versus roughly half of US deliveries, and the price per credit has declined. Tesla reaffirmed its prior guidance of a gross margin of 25% in Q4 2013, assuming zero ZEV credit revenue.

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Tesla Motors Earnings: Losses Rise, So Does Share Price

Green Car Reports

Silicon Valley startup electric-car maker Tesla Motors released its 2010 earnings report yesterday, and--as you might expect from a startup that has sold only cars for three years--it lost money. Tesla shares closed yesterday at $22.84, down slightly from the previous day's close of.

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Tesla introduces new entry-level Model S 70D; dual-motor AWD standard

Green Car Congress

Tesla Motors has introduced the new entry-level Model S 70D, an all-wheel drive electric car with a 70 kWh pack, a 0-60 time of 5.2 Starting price is $75,000. Model S 70D dual motor drive. Cash starting price. Along with the new 70D, Tesla introduced three new colors: Ocean Blue, Obsidian Black, and Warm Silver.'

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Tesla Model 3 reservations top 325,000; Tesla projects average price ~$43,000

Green Car Congress

Tesla Motors reported that Model 3 reservations have topped 325,000, corresponding to about $14 billion in implied future sales (average unit price ~$43,000). Base price is $35,000. The reservation ($1,000) is effective when it is placed, and when Tesla receives payment.

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Pro-Tesla States, Gas Mileage-Rules Threatened, Lit Motors C-1 Demo Video: Today's Car News

Green Car Reports

We finish off the week with a look at where Tesla Motors can legally sell cars directly to customers, examine how dropping gas prices could impact impending Corporate Average Fuel Economy (CAFE) rules, and the Lit Motors C-1 electric motorcycle goes for a test run in a new video. All this and more on Green Car Reports.

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DOE updates eGallon prices; Sec’y Moniz highlights growth of PEV sales

Green Car Congress

Ernest Moniz highlighted the continued growth of plug-in electric vehicle (PEV)sales—more than doubling in the first 6 months of 2013 to 40,000 units compared to the same period in 2012—as the US Department of Energy (DOE) released its most recent pricing data showing the low cost of fueling on electricity. from $1.14 from $1.14

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