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Tesla Motors Inc

AUTOS
November 19, 2013 | By W.J. Hennigan
Los Angeles billionaire Elon Musk said Tesla Motors Inc. was being overly scrutinized by the media after three fires broke out in recent months on its expensive electric cars. Musk, chief executive of Tesla, addressed the topic during a wide-ranging interview before a Los Angeles World Affairs Council banquet Monday at the Hyatt Regency Hotel in Century City. "Our car is basically the safest car you can possibly drive if you care about fires," he said. “And that's not the impression you would have if you read newspapers.
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BUSINESS
May 22, 2012 | By Jerry Hirsch
Tesla Motors Inc. said it will begin delivering its first mass production electric car - - the high-end Model S to customers starting June 22, about a month ahead of the expected schedule. The Palo Alto-based company says it has more than 10,000 orders for the battery-powered car but that not all will be delivered this year. The announcement of early deliveries by the company co-founded by tech industrialist and chief executive Elon Musk came on the same day that SpaceX, another Musk company, became the first private business to launch a spacecraft to the International Space Station.
BUSINESS
May 23, 2012 | By Tiffany Hsu
Tony Stark, alias Iron Man, is suave, brilliant, mega-rich and dripping with beautiful women. Sounds an awful lot like Elon Musk, the South African entrepreneurial wunderkind who spent his Tuesday shooting a rocket into space and making a major advance in electric vehicles. The 40-year-old served as an inspiration for the fictional genius billionaire in the "Iron Man"movies, according to director Jon Favreau. Musk even makes a cameo in one of the films. But the comparisons are really getting some traction now, with the comic book character playing a pivotal role in the blockbuster "The Avengers" at the same time that Musk kicks two of his grandest ventures into high gear.
BUSINESS
May 11, 2012 | By Jerry Hirsch
DeLorean Motor Co. never had a future to get back to. Tucker Corp. got torpedoed. Fisker Automotive doesn't seem to have good karma. Launching a new auto business and building a brand in the U.S. is no simple task. But inch by inch, electric-car maker Tesla Motors Inc. seems to be doing just that. "Tesla continues to show its ability to manage expectations and deliver on what it promises," Morgan Stanley Research auto analyst Adam Jonas wrote in a report to investors.
BUSINESS
September 23, 2009 | Ken Bensinger
In its latest bid to help finance the car of tomorrow, the Obama administration said it would lend more than $500 million to Irvine-based Fisker Automotive Inc. to develop a pair of plug-in hybrids. The loans, announced Tuesday, come from a $25-billion Department of Energy program to fund development of alternative vehicles. According to the administration, the funding will help create or save 5,000 jobs at Fisker and its suppliers. The $528.7-million low-interest loan "is another critical step in making sure we are positioned to compete for the clean energy jobs of the future," Energy Secretary Steven Chu said.
AUTOS
November 21, 2013 | By Jerry Hirsch
Consumer Reports said Thursday that the Tesla Motors Model S electric car has generated the highest consumer loyalty of any car it has surveyed in years. Owners of the luxury sports sedan, which sells for $70,000 to $100,000 depending on equipment and options, gave the Model S a score of 99 out of 100. The magazine said that it collected more than 600 survey responses from owners of 2012 and 2013 models.  The score also matches “the near-perfect 99 overall test score the Model S earned in Consumer Reports' performance ratings,” the magazine said.
BUSINESS
May 26, 2007 | John O'Dell, Times Staff Writer
You can feel the electricity. Tesla Motors Inc., manufacturer of an exotic electric roadster, will launch its brick-and-mortar retailing effort with a store on Santa Monica Boulevard near the 405 Freeway in November. And Environmental Motors, the newest dealer for Zap, importer of a three-wheeled, low-speed electric "city car" called the Xebra, just held a grand opening for its showroom at 134 S. Glendale Ave. in Glendale.
BUSINESS
October 11, 2006 | John O'Dell, Times Staff Writer
The battery-powered electric car isn't dead yet. Mitsubishi Motors Corp. said in Tokyo today that it would introduce the third generation of its battery-powered electric car Oct. 23. The research vehicle will be tested by two Japanese power companies beginning in January. The car is based on Mitsubishi's popular four-seat mini-car, the i. Mitsubishi says the electric car has a top speed of 80 mph and can travel 80 to 100 miles on a single charge.
BUSINESS
December 12, 2012 | By Tiffany Hsu
SolarCity Corp. expanded the size of its highly anticipated initial public offering but knocked down the share price in what analysts said was a bid to boost investor demand. The San Mateo company said in a Wednesday filing with the Securities and Exchange Commission that it plans to sell 11.4 million shares at $8 apiece. That values the company, which is one of the country's largest providers and installers of residential and commercial solar power generating systems, at about $584.6 million.
BUSINESS
June 24, 2009 | Associated Press
The Energy Department said Tuesday that it would lend $5.9 billion to Ford Motor Co. and provide about $2.1 billion in loans to Nissan Motor Co. and Tesla Motors Inc., making the three automakers the first beneficiaries of a $25-billion fund to develop fuel-efficient vehicles. Energy Secretary Steven Chu announced the loan recipients at Ford's Research and Innovation Center in Dearborn, Mich.
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