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10°

Tesla Motors might seek additional funding for third electric car

GreenBeat writes: "Tesla Motors, the company behind the Roadster electric vehicle, might look for additional funding from equity sales to help pay for development of its third electric car — the sport utility vehicle styled Model X — according to the company’s CEO Elon Musk.

The company is working on another electric car model that’s geared toward car buyers interested in an SUV or a minivan. Details about the Model X have been scarce — one of the few facts known about it is that it will use the same power train as the Model S — and the car should be unveiled at the end of the year, Musk said."

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venturebeat.com
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Community4740d ago
70°

Tesla is recalling almost every vehicle it's sold in the U.S.

Just one day after the California DMV filed to take Tesla to court, over 2 million Model S, Model 3, Model X, and Model Y vehicles are being recalled.

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acceleramota.com
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Community134d ago
Unafraidworm121d ago

Glad to see Chris at Acceleramota is an idiot and loves to spread misinformation. This so called “recall” was just an update that was sent out to certain Tesla models and year.

80°

‘We dug our own grave with the Cybertruck’, says Elon Musk, in rare moment of self-reflection

Maybe giving your truck the styling of an Nintendo 64 game isn't quite as 'epic' or 'based' as it is impractical.

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acceleramota.com
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Community189d ago
80°

EVs Explained: Steer-by-wire has a bold future plagued by a rough history

Fully electronic steer-by-wire tech has migrated from your gaming chair to the driver’s seat, and it will take some getting used to.

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acceleramota.com
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Community274d ago