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Daimler buys 10% stake in Tesla, offers parts and know-how


Daimler and Tesla have been working together in a limited capacity for some time now, but the two made their relationship official in a pretty big way earlier today, with Daimler announcing that it has bought a 10% stake in Tesla, and that it'll be lending a hand with both parts and engineering. Of course, as with most things Tesla, there's no firm price tag attached to the deal, although it's said to be in the "double digit millions." They're a bit more specific when it comes to the working relationship, however, which will apparently include Tesla "leveraging Daimler's engineering, production and supply chain expertise" in ways that'll "accelerate" bringing the Model S to production. Tesla will also reportedly work on battery pack integration and battery management systems for Daimler from here on out, and the two will continue to collaborate on Daimler's second-generation Smart ED electric vehicle that's slated to go into production later this year. Interestingly, as AutoBlog points out, the deal also gives Tesla access to the automotive lithium-ion cells being produced by Daimler subsidiary Li-Tec which, when we're talking about electric vehicles, is no small thing.

Tesla reportedly snags some funding from GE (updated)


This isn't fully official just yet, but a recently leaked Car and Driver interview with Tesla CEO Elon Musk looks to have all but confirmed that the company received some funding from GE Capital as part of its current $40 million haul. While the exact amount GE has invested isn't clear, the company is apparently the second-largest investor in this round of financing, behind only Musk himself. As you're no doubt aware, this is on top of the $350 million in loans that Tesla is apparently close to securing from the U.S. government, which isn't exactly enough for it to rest easy given its ambitions, but is at least slightly encouraging for folks itching to get behind the wheel of a Model S. Musk even goes one step further in an attempt to assure potential customers in the interview, saying that "even in the worst case of an Armageddon scenario, I'll personally refund people [their money] if need be," adding quickly that he thinks there's "very little danger of that."

Update:
According to Earth2Tech, this deal is off the table... and may have never been on it to begin with. GE Capital was apparently "closely watching" Tesla, but there had been no official deal. When the site reached out to Tesla, here's what they had to say:
GE had committed to invest in Tesla and sent an e-mail confirming the investment, but GE backed out on the day it was supposed to wire funds to Tesla. The decision came after GE went into company-wide capital conservation mode.
So, really, no kind of investment at all. If you were a Tesla shareholder, you'd probably be thinking about putting a tighter leash on Elon Musk right around now.

Update 2: Here's a statement directly from Tesla:
GE has not invested in Tesla.

When Car & Driver interviewed Elon Musk a couple months ago, GE had committed to invest in Tesla and had sent an e-mail confirming the investment. But GE backed out on the day it was supposed to wire funds to Tesla. The decision came after GE went into company-wide capital conservation mode.

In any case, GE's investment allocation was taken up by venture capital firms Westly Group, Technology Partners and Draper Fisher Jurvetson, and Tesla closed the $40 million round without a problem earlier this year.
Read - GE Invests In Tesla
Read - GE "Watching" Tesla, Does Not (Yet) Invest

Tesla can't get funding, postpones plans to build new factory


Looks like Tesla's decision to jack up options pricing on the Roadster to make the company's financials more enticing to investors didn't necessarily pay off: the company failed to score the required $100m in private funding needed to start building that new factory and HQ in San Jose. The new plan is to request some $400m from the government's Advanced Technology Vehicle Manufacturing Program and spend it on both the planned facility and an advanced battery and powertrain lab -- which might mean Tesla would have to move elsewhere, since the ATVM requires the money to be spent rehabilitating an older factory. We'll see how this one plays out -- although we're still in love with the Roadster, Tesla itself always seems to be one stroke away from catastrophe.

Update: Tesla got in touch -- full statement below.

[Via Gearlog]

Shelby's amazing Aero EV: 0 to 60 in 2.5 seconds, 10 minute recharge


Man juices in a boil? No shame, that's Shelby Super Cars' Aero EV in pursuit of the "world's fastest production electric car" title. SSC just came clean with the details behind its All-Electric Scalable Powertrain (AESP) producing 1,000 horsepower and 800 lb-ft of torque that rips the Aero EV through 0 to 60 in just 2.5 seconds at a 208mph top speed. Compare that to the Tesla Roadster's 0-60 in 3.9 seconds (or 3.7 for the 2009 sport model) and you'll understand all the hubbub, bub. Better yet, the 150-220 mile battery can be refilled in just 10 minutes (Tesla takes 3.5 hours) from a 220V service thanks to what SSC calls its "Charge on the Run" onboard charging system -- something that nearly eliminates (or at least minimizes) the need for a battery swapping infrastructure. The first full-scale, pre-production Ultimate Aero EV should be on the streets before June with production deliveries expected in the fourth quarter. Now we just need a price.

[Via inhabitat]

BRABUS announces Tesla Roadster customization plans


It's a bit of a shift from its usual business, but it looks like BRABUS isn't about to let the Tesla Roadster escape its reach, and it's now taken the wraps off a completely customized version of the vehicle to give those lucky few owners out there (or would-be owners) a taste of what's possible. Sure to attract the most attention is the company's "space sound generator," which can not only pump out the sound of a traditional V8 engine like some similar systems, but some "futuristic soundscapes" as well, including "Beam" and "Warp" sounds, which we can only hope are just as Jetsony as we imagine them to be. Other custom options include an all new tire / wheel combination that promises to improve handling, a redone exterior with a special matte white paintjob, a set of LED running lights, a whole slew of interior options and, of course, some underbody neon for that added touch of class. No word on a price for any of that, naturally, but those in the area will apparently be able to check it all out first hand at German's Essen Motor Show later this month.

Tesla #6 crash disturbs the sound of silence


The Tesla roadster goes from 0 to 60 in 3.9-seconds (by December anyway) and costs $100,000 if you're lucky enough to get dibs on the 10 or so electric cars delivered so far. Come to find out, it also goes from 30 to 0 in a nausea-filled second when ground to a halt of twisted carbon-fiber beneath a Mercedes. The image above was snapped by Alex Volkov at the scene of a Friday evening accident in San Francisco. Of course, this isn't the first wrecked Tesla we've seen. According to Fortune, ousted co-founder Martin Eberhard suffered further distress when his Tesla rear-ended a truck en route for delivery to Eberhard's home. While the cause of the new accident isn't official, a few eye-witnesses said that Tesla #6 -- driven and owned by an unidentified man -- had gone "unnoticed" as it went "bumper-to-bumper between the cars." Interestingly enough, the Tesla's air-bags never deployed. One thing seems obvious: we expect to see more crashes from the silent, ultra-low-profile Tesla street-racer as it attempts to compete for space on roads dominated by SUVs, Hummers, and Testosterone.

Read -- SF Tesla Crash
Read -- Fortune

Tesla starts delivering Roadsters as production ramps up, hires hotshot engineering exec


Move over, Elon Musk -- the Tesla owners club is about to get bigger. The upstart electric-car company announced the delivery of the first nine production Roadsters to customers in California earlier this week, with several more to follow at the rate of four per week, and the plan is to start building 100 a month by December, when that new transmission is ready. That's pretty ambitious, but Tesla's brought in some big guns to help make it happen -- the company just hired Mike Donoughe as EVP of Vehicle Engineering and Manufacturing. Donoughe is fresh off a 24-year stint at Chrysler, where he was most recently in charge of revamping all of the company's mid-size sedans. Word on the street is that Donoughe could have written his own ticket at any major carmaker, so it's interesting that he landed at Tesla, where he'll be working on the Model S as well as the Roadster. Oh, and there's a new Tesla store in Menlo Park, in case you were looking to blow a quick $100K in Silicon Valley -- aren't we all?

Tesla Roadster takes 30 hours to charge from a standard wall socket

If you've got the coin to roll deep enough to own a Tesla Roadster, we'd imagine that making sure the car gets its 8 (or fewer) hour charge from a 220v / 80A circuit (like what powers some larger home appliances) won't be a huge issue. But if not, think twice about your driving schedule with the all-electric sports car, because while you can technically power a Roadster from any standard wall outlet, the amount of draw a standard 110v / 15A plug delivers would mean a 30 hour wait to juice up your vehicle's thousand pound battery pack. Thankfully, Tesla owners have time to think over how to deal with these kinds of details, being that none of the customers who've pre-ordered a car have yet received theirs.

[Via Autoblog Green]

Tesla finally finalized its single-speed gearbox, on track for completion in August


Those Tesla folks are finally (almost) out of the woods on this whole powertrain nonsense. Its original two-speed design had many "durability, efficiency and cost challenges," but Tesla Motors decided to go with it in its first production run, and then swap in the new single-speed "1.5" powertrain once they get it just right. It's a bit funny Tesla 'fessing up to durability problems now, after denying them so vehemently before, but either way buyers of the first 40 cars that'll ship with the old powertrain won't have to wait long for an upgrade, since the 1.5 powertrain has been finalized and is slated for production in August. Tesla already has a 1.5 version they're driving regularly, and they're in the testing phase. 1.5 involves improvements to the motor, inverter and gearbox design, and improves torque among other things -- which gives that 3.9 second 0-60 spec they've always wanted.

Los Angeles becomes home to Tesla Motors' first dealership


Nary two months after the Tesla Roadster finally hit production, the automaker's first dealership has swung its doors wide open. Not surprisingly, the establishment is planted in gridlock heaven, better known as Los Angeles, California. Even less shocking is the fact that it opened at one of the busiest intersections in the city -- near the practically useless (we kid... sort of) 405 freeway and the always-packed corner of Santa Monica and Sepulveda boulevards. Of course, the 10,000-square-foot dealership isn't exactly rolling cars off of the showroom floor just yet (something about a lingering transmission issue), but it's hoping the $2 million cost of construction more than pays itself off in a couple of years. And if you're hankering for a Tesla Motors store near you, you can look forward to others popping up in Menlo Park (CA), New York, Miami, Seattle and Chicago in the next year or so.

Tesla's original transmission maker sues for back payment


The drama surrounding the Tesla Roadster's transmission and the company's attempts to build a system that can transmit power from the motor to the wheels without breaking under the strain took another strange twist today, with the revelation the that first supplier Tesla contracted to design the part is suing the company for $5.6M. Magna Powertrain USA says Tesla hired it to develop a two-speed transmission in September 2006, and when things fell behind schedule, Tesla canceled the contract and walked away without paying. Saucy! Of course, problems with the proposed two-speed transmission are why Tesla plans to ship early production Roadsters with "temporary" one-speed units and swap them out later, but there's no word on where the two-speed versions are going to come from apart from Tesla saying "We need to have more control over our fate and manage the process in house." Sure, sure, just as long as we get one for "testing," okay?

Tesla Roadster enters production at long last


Remember a few dozen years ago when we heard the first batch of 100 Tesla Roadsters had sold out? Us neither, but we're assuming those were heady days. Since then we've seen delays, setbacks and untimely retirements, but Tesla Motors claims it finally has the car under production, and is naturally taking orders for the 2009 run -- 900 cars have been reserved so far. Despite the concrete language in this press release, we'll believe it when these silent beasts start hitting the road. And run our cycling-asses down.

Tesla Motors says its Roadster is not a converted Lotus Elise

Tesla Motors sure has been doing a lot of explaining about its all-electric Tesla Roadster since it first announced it way back when, and it's now aiming to clear up what it says is another common misconception about the car: that it's a converted Lotus Elise. According to Tesla's Darryl Siry, the total number of shared parts between the cars is actually "under 7%," and that "if you were to try to convert an Elise to a Tesla and started throwing away parts that aren't carried over what you would basically be left with a windshield, dashboard (complete with airbags!), front wishbones and a removable soft top." He does admit, however, that the remaining pieces (particularly the dashboard and steering wheel) are so noticeable that they give drivers the impression of an Elise, as we've seen in some of the road tests of the vehicle. If you're still not convinced, you can find Siry's full, lengthy explanation at the read link below.

Tesla sets the record straight: Roadster has airbags, okay?


Tesla VP of Sales, Marketing, and Service, Darryl Siry, set the record straight on the whole airbag wavier thing: in case it wasn't already clear, the Roadster does indeed have driver and passenger airbags. The waiver was regarding the fact that currently "front passenger airbag does not vary its deployment based on the weight of the passenger," and thus needed the waiver not unlike other boutique automakers (he cites the Ferrari F430 as an example). Of course, this misunderstandings and misinformation might have been mitigated if Tesla just addressed the issue at the time (instead of waiting a month after the fact); we can only hope their non-metaphoric airbags don't take as long to deploy.

Tesla Roadster gets out of air bag requirement for green behavior

Apparently when you're saving the planet with an all-electric car, there's no need to kill yourself over safety. The Tesla Roadster has been granted a waiver in regards to advanced air bags by the NHTSA, since the "public interest is served by encouraging the development of fuel-efficient and alternative-fueled vehicles." Standard air bags are still included, and Tesla apparently tried to comply with the advanced requirement, but told the NHTSA that it's in the hole financially, and would have to cancel the planned sedan and "ultimately have to terminate its operations" if forced to go through with the fancy air bags. All 2008 Roadsters have been pre-sold, and Tesla is supposed to start delivering the cars in Q1 2008.
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