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Tesla News - Page 24

Tesla Model S prices rise due to Australian currency struggles

Prices for the Tesla Model S have risen for the second time this year - and the US-based company claims it all comes down to the weak Australian dollar. According to the Australian arm of Tesla, the new higher pricing for the Model S has been driven by a "change in the exchange rates between Australian Dollar and US Dollar", and there have been increases across the four models currently available...

Tesla opens new showroom and service centre in Richmond

Tesla Motors has officially taken the wraps off a new showroom in Richmond, Victoria. The huge site was unveiled in front of a strong crowd of owners, prospective customers, members of parliament and VIPs, heralding a big step forward for the all-electric US car company. The site, located on Church Street in Richmond, includes a showroom, customer lounge, pre-delivery area and a service centre...

Tesla business acquisition wrongly sends stock market into frenzy

Tesla Motors acquired Riviera Tool LLC, a tool and die company based out of Michigan, for an undisclosed sum on the 7th of May. What followed was a buying frenzy of the wrong stock, which led to the industry regulator stepping in. Not long after the acquisition announcement by Tesla Motors, stock speculators suggested that shares in Riviera Tool LLC would be a good purchase, given the company's acquisition...

Tesla triples Q1 loss, but gains in other key areas

Tesla Motors, Inc. posted a $US154 million loss in the first quarter of 2015, a three-fold increase over the same period in 2014.  That said, it also managed a 50 per cent jump in total revenues, improved its manufacturing efficiency, doubled its research and development spend, and took significantly higher Model S orders...

Tesla Energy batteries headed for homes and businesses

Tesla will move beyond the automotive industry with the launch of an eco-friendly energy storage system for homes, businesses and utilities dubbed Tesla Energy. The Californian car maker claims the battery-based Tesla Energy system aims to foster a clean energy ecosystem and help wean the world off fossil fuels...

Tesla to open new showroom and service centre in Richmond

Electric car company Tesla Motors is in the process of building a new showroom and service centre in Richmond, Victoria. Set to open in the coming months, the new showroom will feature a service centre, showroom and lounge for new customers and existing owners. The all-electric car company will also switch on four Tesla superchargers following the opening of the showroom...

Tesla website, Twitter account and email accounts hacked

One of the world's leading technology-focused car brands, Tesla Motors, has been a victim of a hacking incident. The US electric car brand - which launched in Australia in 2014 - has launched an investigation into the hacking event, which reportedly saw someone posing as a Tesla employee gain access to the brand's phone accounts and forward calls to an unrelated number...

Norway may scale back its incentives for electric cars after 50,000th EV sold

A report indicates that Norway is considering ending or reducing some of its incentives for electric cars because the scheme has been almost too popular. According to Automotive News Europe, the finance ministry is currently conducting a review of its automotive and fuel taxes, which will be complete before the federal budget is announced in May...

Tesla almost became part of Google in 2013 claims new book

A soon-to-be-published book claims that during the first quarter of 2013 Tesla was "on the verge bankruptcy". As the company struggled to convert interest and pre-orders for its new Model S sedan into solid sales, its CEO, Elon Musk, negotiated a deal that would see the car maker become part of Google...

Tesla Motors confirms Supercharger in Goulburn, allowing electric travel between Sydney and Canberra

Tesla Motors Australia has announced it will build a Supercharger Station in Goulburn, between Sydney and Canberra, which it says will allow "free long-distance travel" between Australia's most populated city and the country's capital...

Tesla Model S 70D: New entry-level model detailed

Tesla has announced the introduction of a new entry-level variant for its luxury sedan range, the Tesla Model S 70D. The news might not be quite on the scale of Tesla's non-automotive announcement, which is scheduled for May 1, but the new Model S 70D may well turn out to be the more important piece of info...