Tesla announced that Toyota Motor Corp will end its multimillion dollar arrangement with the electric car company, which supplies motors and battery packs for the Japanese automaker's RAV4 models.
Tesla Motors will stop selling its cars directly to New Jersey consumers starting on April 1 after the state ordered the company to comply with state laws, reports say
Tesla Motors, a Palo Alto based motor company that has led the auto industry in eco-luxury vehicles in the last few years, recently ruled out California's bid to develop a $4-to-$5 billion battery factory that is projected to employ 6,500 workers.
Could Apple be looking at expanding it's expertise into the automotive industry. There are speculations that Apple may be in talks to acquire electric car maker, Tesla.
Three Tesla cars have gone up in flames in the last five weeks but company CEO Elon Musk shot down recall rumors this week and said that the headlines are making things sound worse than they really are.
Electric car company Tesla Motors is facing mounting criticism after the cars that were awarded the highest safety rating ever were involved in three crash fires in a six-week period.
Roughly a week after Tesla Motors, Inc. announced that the National Highway Traffic Safety Administration awarded its Model S electric car with a 5-star safety rating, reports have surfaced that Tesla sales have soared in California.
