Tesla shares now trading 40% higher than IPO price

Filed under: EV/Plug-in , Tesla Motors , USA We can safely say very few people saw this one coming. By the close of trading today, Tesla stock was trading at $23.89 - up a hefty 40.53 percent from the stock’s IPO price of just $17.

POLL: Tesla’s IPO is upon us, and there’s no consensus on what to do - what’s your plan?

Filed under: EV/Plug-in , Tesla Motors So, Tesla ’s long-awaited IPO is due next week, and there’s a lot of chatter about whether to invest or not. Considering this is the first automotive company IPO in ages, this particular offering is getting noticed by people who might otherwise not be paying attention.

Breaking: Tesla shows future products, liquid cooled motor and electronics in IPO road show

Filed under: EV/Plug-in , Tesla Motors Tesla future models - Click above for more slides from the road show The long-delayed initial public offering for Tesla Motors is expected to finally happen as soon as the beginning of next week. Naturally, then, company CEO Elon Musk now has to go out and really sell it. One of the last steps before the on-sale date for the stock is what’s known as the road show, where executives go before the mavens of Wall Street to convince them of the value of the company.

A written walk through the new Tesla Model S plant

Filed under: EV/Plug-in , Manufacturing/Plants , Tesla Motors About a month ago, Tesla announced it would build the Model S at the recently closed NUMMI factory in Fremont, CA. Today, on Tesla’s official blog, Gilbert Passin, Tesla vice president of manufacturing, describes the manufacturing process, including details about the aluminum stamping machines and the low-emission paint process. Other companies, like Ford and BMW , have also made their painting processes better for the environment .

Musk says hiring ex-NUMMI workers is top priority for Tesla

Filed under: EV/Plug-in , Manufacturing/Plants , Tesla Motors , Green Daily When NUMMI closed its doors , 4,700 employees were left stranded without a job.

Reuters: UAW pressuring Tesla/Toyota to hire union workers at former NUMMI plant

Filed under: Manufacturing/Plants , Toyota , Tesla Motors Yesterday, Toyota and Tesla announced that the two companies would be collaborating on electric vehicle development . Tesla will be taking over the NUMMI factory in Fremont, California, which was recently closed. Now, the United Auto Workers is urging Toyota to hire union workers to operate the plant, giving jobs back to the people who were rendered unemployed after the NUMMI shutdown.

Tesla Model S factory plan timeline unrealistic?

Filed under: EV/Plug-in , Manufacturing/Plants , Tesla Motors Tesla Model S - Click above for high-res image gallery Autopia has brought a healthy dose of skepticism to the claims that Tesla will be delivering the Model S sedan to customers by 2012. Wired’s automotive wing unearthed a report by the Downey Patriot that says that if the electric car manufacturer wants to use the property it has been eying in Downey, California, it will need to get on the ball in a hurry. The report claims that in order for Tesla to renovate the structures located on the 51-acre tract of land to suit its needs, the company will need to have construction crews work 20-hours a day, five-days a week.

Report: Tesla’s Elon Musk says new SUV model due in 2013

Filed under: EV/Plug-in , Tesla Motors IED Tesla EYE concept - Click above for high-res image gallery The Tesla EYE design concept we saw in Geneva was just an experiment some students at the Istituto Europeo di Design of Turin did with the Tesla brand. But the idea that we will see more and new vehicle models from Tesla Motors is a fact, as CEO Elon Musk reaffirmed this week during his acceptance speech for the Automotive Executive of the Year Innovator Award .

Panasonic delivers first 3.1Ah lithium ion cells to Tesla

Filed under: EV/Plug-in , Tesla Motors Tesla Motors has never officially announced who supplies the lithium ion cells used in the Roadster’s battery pack, but it does have an agreement with Panasonic to supply cells for the Model S.

Report: Tesla says it gave Musk stock options valued at over $44.5 million

Filed under: EV/Plug-in , Tesla Motors , USA Tesla Model S - Click above for high-res image gallery In January, Tesla filed documents with the Securities and Exchange Commission (SEC) as a lead-up to their eventual IPO. In a revised S-1 filing last week , the company updated its paperwork, disclosing that it lost more money last year than originally reported and providing greater details about CEO Elon Musk’s compensation.

Next Page »

AutoGreen Latest

• UK approves $7,800 incentive for ultra-low carbon vehicles
• SK Energy to provide lithium-ion batteries for upcoming Hyundai, Kia electric vehicles
• Boeing predicts renewable fuel to supply 1% of commercial aviation industry by 2015
• UK new car CO2 average down by 4.7 in first half of 2010
• Video: Elon Musk chats it up on Colbert Report
• Coulomb CT500 Level II home charging station now available
• BMW reportedly banned from claiming zero-emissions in ads
• Ann Arbor, MI gets first four hydraulic hybrid recycling trucks
• Recycling gone wild: turn your VW Jetta TDI into a Smyth Performance G3F
• Plug-In 2010: Drive Oregon chills with Arcimoto Pulse, Barefoot Motors ATV
• Toyota celebrates a decade of Prius
• Plug-In 2010: Bill Nye, Chelsea Sexton return for public night panel
• Enterprise Rent-A-Car to offer Nissan Leaf rentals early next year
• Production of Nissan Leaf battery pack now underway in Japan
• Audi A7 Sportback to launch with V6 engines and auto-start-stop
• API: First-half demand for gasoline 0.6% lower than last year