Tesla

Texas Business
3:24 pm
Mon June 30, 2014

California State Lawmaker In Texas To Convince Tesla Cali Is Best Fit For "Gigafactory"

Much like Gov. Rick Perry’s many trips to California to convince companies to relocate their business to Texas, a California state lawmakers is doing the same here, asking the electric car manufacturer Tesla to build its "gigafactory" in California rather than in Reno or San Antonio.

California state Sen. Ted Gaines, R-Roseville, said he’s not deterred by expert predictions that the electric car company will either build its gigafactory in Reno, Nevada or in San Antonio.  

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The Source - April 22, 2014
2:54 pm
Tue April 22, 2014

The Source: San Antonio's Bid For Tesla

Joseph Thorton (Flickr user: jtjdt) cc

It was a secret meeting that every one heard about: Big wheels from Tesla having a sit down with local leaders. The topic: The "gigafactory" that everyone wants.

Private entreaties from CPS Energy also made public, the city may pull out all the stops to land the estimated $5 billion-$6 billion deal. 

Do we really have a shot at Tesla's "gigafactory"?

Guest:

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Business
8:51 am
Thu April 10, 2014

Tesla Swings At Direct-Sale Bans As Bigger Fight Awaits

Tesla stores, like this one in Miami, sell cars directly to customers, bypassing dealerships. Tesla has had to fight to keep its stores open in some locations, most recently in New Jersey.
Joe Raedle Getty Images

Originally published on Fri April 11, 2014 6:37 am

Try to buy a Tesla in some states, and you may find yourself having to shop online. Texas and Arizona are among those that have banned direct sales of the electric vehicles. New Jersey may be next. Tesla intends to fight a ruling in the state that says it has to close its stores there by April 15.

These individual disputes could turn into bigger battles, as Tesla works on making cheaper, more mainstream models.

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Car Sales
7:48 pm
Tue March 18, 2014

Will Texas Law Keep Tesla From Building "Gigafactory"?

Tesla

Tesla Motors determines where it will manufacture the massive batteries that power their cars, and Texas is in the final four. But many question whether or not Texas’ regulations keeping the company from creating dealerships that can sell directly to consumers will also keep the company from bringing the 6500 high-paying jobs that this factory—the "Gigafactory," as they call it-- would promise. 

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The Source - March 18, 2014
10:50 am
Tue March 18, 2014

The Source: Tesla In Texas

Elon Musk lobbied the legislature last year to allow Tesla to sell direct.
Ryan Poppe TPR News

Tesla's model S has been called the best car built in the United States by Motor Trend, Consumer Reports and others, but you can't buy a Tesla in Texas. 

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Texas Business
4:16 pm
Mon March 3, 2014

Dallas Lawmaker Makes Play To Land Tesla "Gigafactory"

Tesla Model S.
Ryan Poppe TPR News

Despite some setbacks last legislative session, state Rep. Jason Villalba, R-Dallas, is hoping to persuade the owner of Tesla Motors to come to Texas for another business endeavor. While it might not be as sexy as being able to sell the luxury electric car, people need batteries to make them run.

Last legislative session, Tesla Motors owner Elon Musk was regularly seen around the state capitol trying to convince state lawmakers and the Texas Automotive Dealers Association to allow him to sell his $90,000 electric cars in Texas.

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The Two-Way
10:36 am
Thu February 27, 2014

Any Way It's Measured, Tesla's $5B 'Gigafactory' Is Huge

Joe Raedle Getty Images

Originally published on Thu February 27, 2014 12:31 pm

Just how big a deal is the "gigafactory" that Tesla Motors says it's going to build to make batteries for its electric cars?

-- It's projected to cost $5 billion between now and the year 2020. Tesla expects to invest about $2 billion. Partners — who it's rumored could include Apple and Panasonic — would invest the rest.

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NPR Story
9:14 pm
Mon December 9, 2013

Tesla Fights Auto Dealers On Direct Sales

Peter Kirby, of Cambridge, paid $90,000 for his Tesla Model S. Compared to other vehicle purchases, he called the Tesla car-buying process “a much easier experience.” (Jesse Costa/WBUR)

Originally published on Tue December 17, 2013 9:56 am

The California-based electric car manufacturer Tesla is hitting a few roadblocks when it comes to pitching their vehicles to the public.

The company sells directly to consumers, much like how Apple sells its iPads straight from an Apple store. But auto dealers associations in a number of states say that’s against the law — Tesla needs to use a middle man, a franchise. Tesla doesn’t agree, so the car dealers are taking the fight to the courts and the legislatures.

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Business
4:06 pm
Sun October 6, 2013

Tesla Slips From Pedestal That May Have Been Too High

It's been a rough week for Tesla, but extra scrutiny is expected for the new car on the block, says Jake Fisher of Consumer Reports.
Jeff Chiu AP

Originally published on Fri October 18, 2013 8:52 am

Over the last year of so, Tesla motors has received some really good press. But this past week, it's been knocked off its pedestal.

"We're a country that likes to put things up on pedestals and then tear them down from pedestals. We do that with people, I think we do that with things," says Jack Nerad, an analyst with Kelley Blue Book.

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The Two-Way
11:36 am
Thu October 3, 2013

Tesla's Stock Gets Burned After Car Fire And Downgrading

A Tesla Model S at the 2013 North American International Auto Show in Detroit on Jan. 15.
Stan Honda AFP/Getty Images

Originally published on Thu October 3, 2013 12:26 pm

High-flying billionaire Elon Musk's Tesla Motors has seen its shares skid the past couple days because they've been downgraded by analysts and because of a YouTube clip showing one of the all-electric luxury cars engulfed in flames earlier this week.

Just before noon ET, a share of Tesla was trading around $169.50 — down about 6.5 percent for the day and $25 (13 percent) below its 52-week high of $194.50.

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