Tesla considering Ontario for its third generation electric car

Tesla Motors Inc. is planning to seriously consider Ontario when the time comes for mass-manufacturing it’s under $30,000 electric cars for sale. However the eventual decision will also depend on the value of the Canadian dollar at that time. The company is considering Ontario because the top bosses believe that it’s a great place to [...]

The Challenging Ride of Tesla Motors

Tesla Motors has been developing high-performance electric cars for sale. It has already attracted the attention of heavy weights like PayPal co-founder Elon Musk, who is its main backer, and Google co-founders Larry Page and Sergey Brin. Tesla Motors has raised $186 million until now.
It has produced the Tesla Roadster, which is a plug in [...]

Tesla in Red

Tesla Motors, one of the cutting edge electric car companies, which has people like the founders of Google, George Clooney and Arnold Schwarzenegger among its fans, has announced that it has been hit by the global financial crisis and is losing money.
Tesla Motors was banking on an investment of $100m, which failed to materialize because [...]

Tesla’s Deal with the city of San Jose

Tesla Motors, the luxury electric car manufacturer recently announced its intentions of building a $250 million manufacturing unit in San Jose. It plans to build a new $60,000 sedan at this factory. The area would also have Tesla’s headquarters and is expected to employ around 1000 people. The site should be able to put roll [...]

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