Tesla Motors keeps rolling with new round of financing
Tesla Motors has been hit hard with credit crunch of late, but the billionaire founder of Telsa and PayPal has personally guaranteed that all of the 1,200 battery-powered Tesla Roadster pre-orders...
View ArticleTesla Gets Another $40 Million Lifeline
Don’t pull the plug quite yet on Elon Musk’s electric sports car startup Tesla Motors. After laying off 18 percent of its workforce two weeks ago (69 people out of 384, we have confirmed with the...
View ArticleElon Musk At Web 2.0: Cars, Space, Energy
PayPal cofounder, SpaceX Founer and Tesla CEO Elon Musk takes the stage today at the Web 2.0 Summit to talk with John Battelle. What do space flights and electric cars have to do with Web 2.0?...
View ArticleA Look At The Tesla S 17-inch Haptic Entertainment And Navigation System
Mike and I were the first journalists to ride in the new Tesla Model S sedan yesterday and we were captivated by the massive 17-inch touch screen (so was Gizmodo) featured in the center console of the...
View ArticleDaimler Takes A 10 Percent Stake in Tesla Motors. Where's My Electric Benz?
Silicon Valley electric car manufacturer Tesla Motors got another shot in the arm today from German auto giant Daimler, which took a 10 percent stake in the company and expanded its partnership with...
View ArticleTesla To Open Three European Showrooms
Tesla, which has now delivered 500 Roadsters, will be opening several new sales showrooms this summer, the company says. Currently the company has showrooms only in California. Three of the new...
View ArticleTesla Says It Is Now Profitable, Ships 109 Roadsters In July
Silicon Valley’s electric car company, Tesla Motors, says that it hit profitability in July. The private company reports that it made “approximately $1 million of earnings” on revenues of $20 million,...
View ArticleLawsuit Against Tesla Dropped
Remember that whole sour grapes law suit filed against Tesla Motors and Elon Musk by co-founder and former CEO Martin Eberhard? According to Eberhard’s lawyer, he has dropped the suit but doesn’t give...
View ArticleTesla Motors preparing to go public "soon"
Tesla Motors is planning an IPO soon according to a Reuter’s report. However at this point it’s still not clear when that will be although the company had previously stated it won’t happen in 2009. In...
View ArticleThe Top Ten IPO Candidates For 2010
It’s been a long drought for IPOs, but venture capitalists and tech entrepreneurs are hopeful that 2010 will be the year they rain down on the Valley once gain. Earlier this year, a handful of IPOs...
View ArticleExclusive: SecondMarket Data On Private Company Stock Sales
SecondMarket opened up its private company stock marketplace in early 2009 and gave employees at hot startups something they never had before – an organized place to sell their stock even before the...
View ArticleTesla Motors' Next VP of Manufacturing Is A Toyota (Veteran)
Right off the heels of filing for a $100 million IPO, electric car company Tesla Motors this morning announced that it has hired former Toyota production engineering GM Gilbert Passin to lead the...
View ArticleClik here to view.
Facebook, Tesla And Solyndra Dominate SecondMarket Transactions In January
Last month SecondMarket published data on private company stock sales that they helped complete in 2009. They’ve now released last month’s data as well. A total of a little more than $13 million in...
View ArticlePlane Crash Kills Three Tesla Employees, Takes Out Power In Palo Alto
A small Cessna twin-engine plane crashed in East Palo Alto today, killing three Tesla Motors employees and taking out power in parts of the city. The plane took off from Palo Alto airport and...
View ArticleClik here to view.
Tesla CEO Elon Musk To Sell Nearly One Million Personal Shares At IPO
One day before its scheduled IPO, Tesla Motors is increasing the allotment of shares that will be sold to the public from 11.1 million to 13.3 million, according to an amendment to its S1 filing. The...
View ArticleElon Musk: "Why Owen Thomas Is Silicon Valley's Jayson Blair"
Tesla Motors Founder and CEO Elon Musk isn’t a man that backs down when facing the press. When the New York Times wrote an error-filled article, Musk lashed out at the author, saying “What is he doing...
View ArticleSolarCity Wins $21.5 Million Funding Round from Mayfield
SolarCity today announced that it is taking a $21.5 million round of funding led by Mayfield Fund, and the company’s previous investors Draper Fisher Jurvetson, DBL Investors and Generation Capital....
View ArticleClik here to view.
Cleantech Investment On The Rise Again In The US – $1.5 Billion In Q2 2010
According to an Ernst & Young analysis based on data from Dow Jones VentureSource, venture capital investment in US-based cleantech companies hit $1.5 billion for the second quarter, in 68...
View ArticleSustainable Brand Setbacks: Tesla Roadsters Recalled, SunChips Packaging Shelved
Advocates for environmentally sustainable business are having a rough week. Two products beloved by the movement, the Tesla Motors Roadster, an all-electric vehicle, and PepsiCo Frito-Lay’s SunChips,...
View ArticlePayback (And IPO) Time For GM As Chevy Volt Wins Industry Accolades
The 102-year-old car company General Motors (GM) is set to go public on Thursday after a government-forced bankruptcy and bailout in November 2008. The bailout cost taxpayers about $50 billion....
View Article