tesla

Tesla offers loaner cars, valet service

Tesla announced today that it would offer its high-end Model S Performance edition, with an 85 kilowatt-hour battery pack, and the Roadster as loaner cars for when owners' cars are being serviced. As Tesla sells cars directly to owners, the company, rather than a dealer, handles all service and loaner-car issues.

No matter what Model S version is in for service, owners will have their choice of the Model S Performance edition, which retails for $87,400, or one of the older Roadster models as a loaner car. Further, Tesla said it will let owners who would like to upgrade … Read more

Tesla plans big announcement that Model S owners 'will like'

There's the possibility that Tesla may be looking to make its luxury all-electric cars a tiny bit more affordable. The company's CEO Elon Musk tweeted Thursday that Tesla will announce some big news on Friday.

Announcement of new @teslamotors strategy tomorrow. Tesla owners will like this.

— Elon Musk (@elonmusk) April 25, 2013

While no further information is given, this tweet does offer some clues into what Musk may be suggesting. The fact that he mentioned it will be something "Tesla owners will like" harkens back to a similar tweet from last month.

After tweeting about an … Read more

Five stylish cars for the everyday driver

Cars such as Ferraris and Maseratis look beautiful, but unless you live in Monaco you rarely see them on the road. However, there are everyday cars, much more affordable than the exotics, that still offer striking design. These are the cars you are more likely to see -- and notice -- in your local grocery market parking lot. They also illustrate the fact that nice design does not have to be expensive.… Read more

Google's Brin in a pink Batmobile, wearing Google Glass

When you work at one of the world's most successful -- and occasionally silliest -- companies, it's hard to create wonderful April Fool's pranks.

After all, you're supposed to contribute your best ideas to the company, so that they might be selected as one of the 15 or so that are used to fool the world on April 1.

It's astonishing that any Googlies have time left over for personal japes. You know, like punking the boss, for example.

And yet, evidence has emerged that members of the Google(x) team -- which I believe … Read more

Detroit Electric launches SP:01: A Tesla rival

Little-known -- but storied-brand -- Detroit Electric has launched its electric alternative to the Tesla.

The SP:01 is a limited-edition, two-seat pure-electric sports car, according to the company's announcement today.

With its Lotus Elise-like design, the SP:01 boasts a top speed of 155 mph and goes from 0-62mph in 3.7 seconds.

Other marquee features of the SP:01:

Electric motor: rear-wheel-drive with a mid-mounted 200 bhp electric motor made in the USA. Body: carbon-fiber body, with a total weight of 1,070 kg (2,359 pounds). Driving range: With a power rating of 37 kWh, the … Read more

Tesla guarantees resale value of Model S

Last week, Tesla CEO Elon Musk tweeted of an upcoming big announcement. Despite product-oriented speculation, the details that came out today lay out a new financing plan for the Model S.

The plan could bring net payments down to $500 a month according to Tesla, after taking into account the savings from purchasing electricity over gasoline, government incentives, and resale value.

Tesla added a True Cost of Ownership calculator to its site, which lets prospective buyers see how the numbers add up.

Tesla's announcement says it developed the plan with Wells Fargo and U.S. Bank, each of which … Read more

Tesla kills 40 kWh battery for Model S over 'lack of demand'

The 40 kWh battery option that was offered to Tesla Model S customers won't be put into production after all.

Tesla announced the news yesterday, saying that its decision was made after it witnessed a "lack of demand" for the 40 kWh (kilowatt-hours) battery. Just 4 percent of those who ordered the Tesla S asked for the smaller battery pack.

Tesla, an electric carmaker, said that customers who ordered the 40 kWh option will get a 60 kWh pack instead. However, to keep the price down to the same level as the 40 kWh option, the better … Read more

Tesla's Elon Musk tweets about big announcement for Thursday

In a tweet mentioning @TeslaMotors, Tesla CEO Elon Musk promised a big announcement on Thursday, and wrote, "Am going to put my money where my mouth is in v major way."

A Tesla spokeswoman told CNET that the company is still working out the place and timing of the announcement. However, she said that Tesla will not be at the New York auto show, which is holding a press preview on Wednesday and Thursday of this week.

After the tweet was posted, Tesla's shares jumped 4.23 percent.

Musk's second sentence in the tweet suggests he … Read more

Detroit Electric set to launch U.S.-made Tesla rival

Storied-brand Detroit Electric is teasing an electric vehicle that will take on the Tesla.

"After an absence of over 70 years, Detroit Electric...has returned to the legendary Motor City, promising job creation and a range of exciting 100% electric vehicles for the mass market," the company said in a press release.

The first model will be "a limited-edition two-seat sports car," the company said.

And it will be assembled in Michigan with production to start in August. "We are proud to become the fourth car manufacturer born out of Detroit," according to the … Read more