|ABT Sportsline To Compete In Formula E|
|• Bavarian outfit to be only German team to compete in new zero emission race series|
KEMPTEN, GERMANY (15 November, 2013) – ABT Sportsline, led by Team Principal Hans-Jürgen Abt, has today reached an agreement that will see it become the seventh team and the only German outfit to enter the new FIA Formula E Championship – competing under the banner 'Audi Sport ABT Formula E Team'.
'We're proud to have the opportunity to take part in the debut of this new racing series. Part...[Read more...]
|DRAGON RACING JOINS FIA FORMULA E CHAMPIONSHIP|
|• Leading IndyCar squad appointed fourth team for new global electric series|
LOS ANGELES, USA (25th September, 2013): Leading IndyCar outfit Dragon Racing has today signed an agreement with series promoters Formula E Holdings to become the fourth team to enter the FIA Formula E Championship – the new fully-electric race series beginning in September 2014.
Dragon Racing is owned by media and publishing entrepreneur Jay Penske, with its headquarters based in Los Angeles – a cit...[Read more...]
|ALL-NEW 2013 FIAT 500E AWARDED NORTHWEST AUTOMOTIVE PRESS ASSOCIATION'S FIRST-EVER 'TOP ELECTRIC VEHICLE' PICK|
|◾All-new fully electric 2013 Fiat 500e voted 'Top Electric Vehicle' at the Northwest Automotive Press Association's first annual 'Drive Revolution' green-car competition
◾NWAPA members selected the Fiat 500e among the latest Electric Vehicle (EV) competitors during the Drive Revolution event
◾2013 Fiat 500e electrifies the Cinquecento lineup for as low as $20,600 for eligible California residents after federal credits, state incentives and FIAT rebates are included
Congregating in the natio...[Read more...]|
|Tesla Motors Announces Offerings Of Common Stock And Convertible Senior Notes|
| ||Palo Alto, CA – May 15, 2013 — Tesla Motors, Inc. (NASDAQ: TSLA) announced today offerings of 2,703,027 shares of common stock and $450 million aggregate principal amount of convertible senior notes due 2018 in concurrent underwritten registered public offerings. In addition, Tesla has granted the underwriters a 30-day option to purchase up to an additional 405,454 shares of common stock and $67.5 million in aggregate principal amount of the notes.
In addition, Elon Musk, Tesla's Chief...[Read more...]|
|TESLA MODEL S SALES EXCEED TARGET|
| ||Tesla Motors announced today that sales of its Model S vehicle exceeded the target provided in the mid-February shareholder letter. As customers who note their Model S serial number this weekend will realize, vehicle deliveries (sales) exceeded 4,750 units vs. the 4,500 unit prior outlook. As a result, Tesla is amending its Q1 guidance to full profitability, both GAAP and non-GAAP.
'I am incredibly proud of the Tesla team for their outstanding work. There have been many car startups over the ...[Read more...]|