Manifesting a Tesla to Help Promote Electric Vehicles

Category Archives: Tesla

Tesla to Offer $500 Million in Common Stock

Proceeds to Accelerate Growth of Business, Including Tesla Energy, and Development of Model 3 and Gigafactory
PALO ALTO, CA — Tesla announced today that it intends to offer, subject to market and other conditions, $500 million of additional shares of common stock in an underwritten registered public offering. In addition, Tesla intends to grant the underwriters a 30-day option to purchase up to $75 million of additional shares of common stock.
Elon Musk, Tesla’s CEO, intends to purchase $20 million of common stock in this offering at the public offering price.

Tesla intends to use the net proceeds from this offering to accelerate the growth of its business in the United States and internationally, including the growth of its stores, service centers, Supercharger network and the Tesla Energy business, and for the development and production of Model 3, the development of the Tesla Gigafactory, and other general corporate purposes.
Goldman, Sachs & Co. and Morgan Stanley are acting as lead joint book-running managers for the offering, J.P. Morgan and Deutsche Bank Securities are acting as additional book-running managers for the offering, and BofA Merrill Lynch and Wells Fargo Securities are acting as co-managers.

Tesla Motors – Second Quarter 2015 Shareholder Letter

• Record quarterly deliveries of 11,532 vehicles• Produced a record 12,807 vehicles, exceeding plan while improving efficiency• Introduced new Model S variants that improve range, performance and value• Model X remains on track for start of deliveries in late Q3• Tesla Energy deliveries set to ramp in Q4 August 5, 2015 Dear Fellow Shareholders: Q2… Continue Reading

Tesla Motors Announces Software v6.0 for the Model S

In a blog post on the official Tesla blog at TeslaMotors.com, Tesla has announced the release of their Software v6.0 for the Model S.  Some model S owners have already reported receiving the software update. The Software v6.0 update introduces traffic-based navigation and commute advice, provides an in-car view of daily schedules, enables location-based air suspension settings,… Continue Reading

Panasonic to Team with Tesla Motors on New ‘Gigafactory’

Artist rendering of the future Tesla Gigafactory According to a story from the Associated Press, Japanese electronics company Panasonic is partnering with American electric car maker Tesla Motors to build a battery manufacturing plant in the U.S. expected to create 6,500 jobs. The companies announced the deal Thursday, but they did not say where in the… Continue Reading

Tesla Crash at Tesla Motors’ Fremont Store and Delivery Center Leaves Questions

Apparently yesterday there was a strange crash at the Tesla Motors’ store and delivery center in Fremont California.  There have been conflicting reports as to what caused the accident, but as you can see from the photos, it did not end well for the unfortunate Tesla owner. While some were speculating that the crash was… Continue Reading

The is ONE Guy on the Planet Who Doesn’t Want a Tesla Model S After Driving One for the Weekend

Rob Enderle wrote a post for Digital Trends that outlines many of the great features of the Tesla Model S, but claims that he doesn’t want one because he isn’t a big sedan guy.  I can respect that – especially since he is looking forward to the future Tesla models including a SUV called the Tesla Model… Continue Reading

Squamish British Columbia Gets First Tesla Supercharger in Canada!

Tesla has installed and opened their first Supercharger station in Canada.  The new 6 stall Supercharger is in Squamish, British Columbia, just about halfway between Vancouver, BC and Whistler, BC.  According to Google maps it is 67 kilometers north of Vancouver – or about an hour drive without traffic. The new Tesla Squamish Supercharger is… Continue Reading