The New Jersey Motor Vehicle Commission on Tuesday adopted a rule that blocks the company from selling directly to consumers in the state. Palo Alto-headquartered Tesla Motors is not happy with this move.
The Palo Alto-based automaker plans to break ground this year on its Gigafactory, with the hope that its factory will produce lithium-ion batteries for 500,000 vehicles by 2020.
California state grants aimed at multiplying electric vehicle chargers have proved helpful for many EV drivers in the Bay Area over the past couple years. But not everyone is reaping the benefits at home.
Tesla Motors, Inc., the luxury electric automaker, announced financial results Feb. 19 for both the fourth quarter and fiscal year of 2013.
Palo Alto based electric car manufacturer Tesla Motors, Inc. acts more like a Silicon Valley startup than a big-three automaker when it comes to paying its executives.