Tesla plans to roll out electric SUV in 2014

Tesla plans to roll out electric SUV in 2014
Electric components will make it roomier than comparably sized conventional vehicles, Tesla says. Tesla, the electric car manufacturer, has begun planning for a small sport utility vehicle that will be called Model X and enter the market in 2014, the Palo Alto company said.

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Toyota to Pay Tesla $60 Million for Electric RAV4 Development

Toyota to Pay Tesla $60 Million for Electric RAV4 Development
Toyota Motor Corp., the world’s largest automaker, will pay affiliate Tesla Motors Inc. about $60 million to develop batteries, motors and other parts for an electric-drive vehicle the companies are collaborating on.

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Electric car maker Tesla Motors to begin offering stock

Electric car maker Tesla Motors to begin offering stock
NEW YORK – Tesla Motors Inc. begins selling stock to the public on Tuesday. The sale’s success depends on how much investors are willing to bet on a car company that has never made a profit, sells a single vehicle and expects to lose money until at least 2012.

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