Search This Blog

Wednesday, September 26, 2012

Tesla, electric vehicle company, in the news...

Model S deliveries began in June 2012.
Tesla Motors, Inc. unveiled Supercharger stations this week and announced a follow-on offering of 4,344,930 shares of its common stock.

Constructed in secret, Tesla revealed the locations of the first six Supercharger stations which will allow the Model S, which can go from 0 to 60 miles in 4.4 seconds, to travel long distances with ultra fast charging throughout California, parts of Nevada and Arizona.

“We are giving Model S the ability to drive almost anywhere for free on pure sunlight, ” said Elon Musk, Tesla Motors co-founder and CEO.

“Tesla’s Supercharger network is a game changer for electric vehicles, providing long distance travel that has a level of convenience equivalent to gasoline cars for all practical purposes. However, by making electric long distance travel at no cost, an impossibility for gasoline cars, Tesla is demonstrating just how fundamentally better electric transport can be,” Musk said.

"Every millimeter counts."
On the negative, Tesla stock was down 10 percent, production has been cut, and the U.S. Energy Department has asked the company to provide a speedier repayment schedule. Tesla Motors intends to use the net proceeds from the offering for general corporate purposes. As a part of the stock offering, Musk indicated a preliminary interest in purchasing shares of common stock at the public offering price for an aggregate purchase price of up to approximately $1 million.

The company was founded in 2003 by a group of Silicon Valley engineers bent on designing and producing awesome electric vehicles. In early 2008, the Tesla Roadster hit the streets. This year, over 2,300 Roadsters drive emissions-free in more than 37 countries.

Agility and quality beyond expectations
Tesla's goal is to accelerate the world's transition to electric mobility. The company also designs and manufactures EVs and EV power train components for partners such as Toyota and Daimler. Headquartered in Palo Alto, Calif., Tesla has 2,000+ employees and over 370 full-time, contract and temporary job openings posted on its website.

For more on Tesla, go to: http://www.teslamotors.com/

*Images scanned from sales brochure presented at metro Denver, Colo. store.

©2012 Tomi Johnson. All  rights reserved.

No comments:

Post a Comment

Please leave a comment or email your comments to tomimot@gmail.com.