Tesla CEO Says Fire Was Caused By Impaled Battery
The CEO of electric car company Tesla says a battery in a Model S that caught fire this week was apparently impaled by a metal object.
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The CEO of electric car company Tesla says a battery in a Model S that caught fire this week was apparently impaled by a metal object.
Shares of Tesla Motors fell another 5 percent Thursday as investors in the high-flying company assessed the fallout from a fire in one of its $70,000 electric cars.
Shares of Bay Area electric car company Tesla sank more than 6 percent Wednesday after an Internet video showed flames spewing from one of the company's vehicles near Seattle.
Gov. Jerry Brown threw his support behind the proposed expansion of California's electric vehicle market during an appearance at San Francisco's Exploratorium on Monday.
Tesla's Model S electric car has often been seen as a novelty, a cutting-edge toy for the rich, but America's youngest car company is enjoying a run of good news that has nothing to do with being the new kid on the assembly line.
Excluding one-time items and lease accounting, Tesla Motors Inc. said it had a profit of 20 cents per share. The one-time items included a $16 million charge associated with the payoff of a $465 million loan from the U.S. Department of Energy. Tesla paid off the loan in May, nine years earlier than it was due.
Tesla will be joining the Nasdaq-100 Index on Monday as software maker Oracle Corp. heads to the New York Stock Exchange.
More 100,000 people have signed an online petition urging President Barack Obama to oppose efforts by states to block Palo Alto-based Tesla Motors from selling its electric cars directly to consumers, a company spokeswoman said Tuesday.
Tesla is recalling as many as 1,228 of its Model S vehicles, citing a problem with a rear seat latch in the electric sports sedan.
Tesla Motors is announcing a dramatic rollout of its network of super-fast car charging stations, to ease the range anxiety for drivers of their all-electric Model S sedan.
Electric car maker Tesla Motors says it has repaid a loan from the U.S. government nine years early.
The chief executive of electric car maker Tesla Motors says his company plans to pay back an Energy Department loan in half the time required by the government.
The CEO of Tesla Motors has told Bloomberg that a New York Times review - which had its veracity called into question - may have cost the $100 million in value.
Tesla's CEO Elon Musk has become incensed over a news article critical of the all-electric car that was published in The New York Times last week.
A Southern California-based space company has successfully tested a reusable rocket it hopes will make it cheaper to go into space.
The 2013 Motor Trend Car of the Year has all the features you'd expect from a vehicle that has earned that honor. It has a light body, advanced design, a roomy cabin, and plenty of load capacity. What the Tesla Model S doesn't have is an internal combustion engine.
Tesla Motors Inc. is unveiling a solar-powered charging station that it says will make refueling electric vehicles on long trips about as fast as stopping for gas and a bathroom break in a conventional car.
The first Tesla S sedans rolled off the Fremont assembly line last Friday.
Friday was an important day for billionaire Elon Musk's electric-car maker, Tesla Motors. Ten new sedans, called the Model S, rolled out the door during a ceremony at the company's factory in Fremont.
Tesla Motors has described the next generation of all-electric vehicle to be manufactured at its Fremont plant as part mini-van, part SUV.
The small plane that crashed into an East Palo Alto neighborhood last year - killing three Tesla Motors employees -was likely caused by pilot error, according to federal investigators.
A small plane's engines were at near full power when it crashed last year in an East Palo Alto neighborhood, killing the three Tesla Motors employees on board, according to federal investigators.
A high-tech water-treatment system is making some of Northern California's cleanest water even cleaner.
As more and more consumers become interested in electric vehicles, Tesla Motors in Palo Alto is hoping to lead the foray into the next wave of cars.
