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Tesla sales up 500 percent in Q4, sees profit ahead

Tesla lost $89.9 million after charges as sales soared 500 percent sequentially to $306 million in the fourth quarter. At the same time, management delivered a bullish forecast for the company's first quarter.

"In the first quarter of 2013, we expect to generate slightly positive net income, on a non-GAAP basis," CEO Elon Musk said in a letter to shareholders today. He added that Tesla expects "to be near breakeven on cash flow from operations."

Musk wrote in a post co-authored with Chief Financial Officer Deepak Ahuja:

These targets would be achieved through a … Read more

Tesla, the Times, and how to drive an electric car

This week's Tesla versus The New York Times flap came to a climax yesterday when Tesla released the logs it promised on its Web site, and the newspaper responded with a point-by-point refutation.

Tesla's post says that New York Times environmental reporter John Broder misrepresented the Model S' performance. Broder argues that he was simply following advice from Tesla personnel during the drive.

The original New York Times story painted the Model S with a negative brush, but as I wrote Wednesday, a close reading of the article shows that the Model S operated exactly as you'd … Read more

Behind the bloodsport: Tesla vs. NY Times

Where's Don King when you need him?

It seems that everybody and their mother-in-law are buzzing about the tussle between a New York Times car reviewer and Tesla Motors. It's a good example of the kind of public dialog that can happen in the age of the Internet and instrumented devices, such as a super-fast car that is basically a computer on wheels.

To briefly catch you up, a fierce debate broke out not long after New York Times writer John Broder wrote a review reporting shortcomings in the range of Tesla's Model S electric car during … Read more

Tesla releases logs on disputed NYT car review

Tesla, the electric car maker, has made good on its promise of releasing logs connected to the contested New York Times' review of its Model S.

In the review, published Sunday, the Times' John Broder criticized the Model S for range issues and for problems in low-temperature environments. Tesla's founder and CEO, Elon Musk, has wasted no time trying to discredit the review, claiming that Broder's account of what happened was not factual.

Here's a brief list of issues Musk gleaned from the logs:

Despite Broder saying that he called a flatbed truck after the Model S … Read more

Tesla, the Times, and the range war over the electric car

This week saw a war of words between Tesla's supporters, lead by CEO Elon Musk, and New York Times' environmental reporter John M. Broder. The issue in contention was the range of the Model S electric car during a typical East Coast winter, as detailed by Broder in the article "Stalled Out on Tesla's Electric Highway."

Broder's article could be taken as an indictment against the practicality of the Model S, but reading his account closely, I did not see anything that went outside of how I would expect an electric car to behave.

Finding … Read more

Tesla's Elon Musk lambasts New York Times article

Tesla's CEO Elon Musk has become incensed over a news article critical of the all-electric car that was published in The New York Times last week.

"I do not think this is a he said, she said situation," Musk told Bloomberg West in an interview today. "It is really black and white. The facts are the facts."

The tussle got started after New York Times reporter John Broder wrote an article about taking the Tesla Model S out on a test drive in the East Coast's freezing weather. He claimed that the car couldn'… Read more

Tesla rolls out remote app for Model S

When we reviewed the Tesla Model S, we came away very impressed by the driving character and the cabin electronics, but some features, common on other high-end or electric cars, were missing. Tesla made up for one of those features by making a smartphone app available that will let Model S owners view their battery levels.

These types of apps have become common for electric cars; Ford offers MyFord Mobile for the Focus Electric and Honda has its HondaLink EV for the Fit EV. The electric car includes a mobile data connection, which owners can use to view everything from … Read more

2012 Car Tech Awards: And the winner is...

CNET Tech Car of the Year for 2012

2012 Tesla Model S Our choice for CNET Tech Car of the Year goes to the 2012 Tesla Model S, a car that shows superb technology throughout while also challenging our conceptions of how a car should work. Most people know the Model S for its electric drivetrain, which not only gives it tremendous acceleration, but also the best range among current production electric cars. Compared with an internal combustion engine, the Tesla's electric motor delivers magnitudes of better energy efficiency. The EPA estimates the cost of electricity for a year of driving at $700, about 25 percent of the cost for gasoline in an equivalent luxury sedan.

Beyond its efficiency, the Model S modernizes the whole idea of a car's cabin. Tesla streamlined the entire process of getting into the car and setting off, taking out steps that have become anachronistic. A big touch screen handles all in-cabin functions, eliminating the need for an array of buttons across the dashboard. A 3G data connection feeds the infotainment functions, providing maps, destination search, and music, similar to what we have become used to with our personal electronics.

The Model S went up against the Audi S5, BMW 640i Gran Coupe, Ford Focus Electric, and Toyota Prius C, a formidable field nominated for technical excellence in drivetrain and cabin. The BMW proved popular with our jury, and we liked how the Focus Electric drove, but the Model S trumped the others with its innovative approach and capabilities.

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Tesla Model S

With much anticipation, Tesla launched its Model S electric car in 2012, beginning full line production and sales to the public. The car represents a milestone in practical electric car technology, as the top trim models boast a 265-mile EPA-rated range, while at the same time offering a sport-luxury driving experience.

The car also marks a milestone for Tesla, as it is the first vehicle the company designed and built from the ground up. The Model S comes out of Tesla's new manufacturing facility in Fremont, Calif. Tesla set up its factory line, which goes from body construction to … Read more

CNET announces nominees for 2012 Tech Car of the Year

As 2012 rolls to a close, we look back at the cars we've reviewed over the last year to see which rise to the level of Tech Car of the Year. Numerous feasible electric cars launched this year, and two made our nominees list. Audi and BMW continued their slugfest in cabin, driver assistance, and performance tech, and we picked representative sample models from each. Also slipping in is the new Toyota Prius C hatchback, showing off Toyota's venerable hybrid drivetrain and its latest app integration.

Please let us know which car you think should be the 2012 Tech Car of the Year in our poll, and discuss it in the comments. Our CNET jury will place their votes, and we will announce the winner on December 19. … Read more