2021 Tesla Model S on 2040-cars

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Recharge Wrap-up: Will.i.am's custom Tesla, Mahindra's Formula E livery

Take a look at Will.i.am's custom Tesla Model S caught on video in the wild in Beverly Hills. The over-the-top body kit comes from Black Eyed Peas member's own so-called car company, IAMAUTO. The deep-dish wheels appear to recede into nothingness, and the placement of the handles gives away the car's suicide rear doors, which a valet opens slightly at one point in the video. Overall, the custom job gives the EV a wide, low, and extremely chunky look. The man behind the camera gets a good view from a variety of angles, though whether there is actually a good angle for this particular Tesla is up for debate. Check it out in the video above, and read more at Teslarati. 1,635 Smart cars traveled in a parade through Hamburg, Germany as part of Smart Times 2016. At the 16th such gathering of Smart enthusiasts and their vehicles, the group beat the former world record of 1,427 parading cars at Smart Times 2014 in Cascais, Portugal. In addition to meeting with like-minded fans and showing off their fuel-sipping and electric runabouts, Smart Times attendees had the opportunity to test drive new models, talk to designers and tuners, enjoy live music, and meet beach volleyball players Laura Ludwig and Kira Walkenhorst, who arrived in a golden Smart Fortwo Cabriolet. There will be yet another opportunity to set a new record next year, when the Smart community will descend upon Salou, Spain. Read more from Daimler. ChargePoint is offering 10 percent off its ChargePoint Home EV charger. In honor of National Drive Electric Week, the deal on the 32-amp charging station is good until September 18, 2016. ChargePoint Home comes in hardwired and plug-in versions with either an 18- or 25-foot cable, and is for sale on Amazon. Read more from ChargePoint. Mahindra Racing has new livery for the third season of Formula E. The livery for the team's M3Electro racecar debuted at Donington Park for the first round of preseason testing. Mahindra held an online contest called #DrivenByDesign to choose its new look, with the winning design created by Spanish artist Adria Haro Jorba. Pininfarina Chief Designer Fabio Filippini chose Haro Jorba's design, which visualizes the car's aerodynamics and makes use of India's national colors. Learn more in the press release from Mahindra Racing.

Tesla begins selling in China, despite lack of formal company name

Car buyers in China can now start shopping for a new Tesla Model S. Only problem is, the California-based automaker doesn't seem to have hammered down a brand name for that market. According to Reuters, Tesla is still dealing with a trademark squatter for "Tesla" (or "Te Si La"), so in the meantime, it is a brand without a name.
Tesla has launched a website in China under the Tousule name, but it doesn't appear that will be the official nomenclature for cars sold in China. According to the report, a Tesla salesman in Beijing doesn't know when - or even if - Tesla plans to come up with a Chinese name for its brand. We reached out to Tesla for a comment on the matter, but we've yet to receive any response regarding this ongoing situation in China.

Tesla Announces Details Of Proposed Gigafactory Battery Plant

It's another day and electric automaker Tesla Motors is in the news once again. Tesla announced Wednesday that they will be offering $1.6 billion in convertible senior notes to the public. According to the press release, Tesla will use these funds to assist in "the development and production of its 'Gen III' mass market vehicle, the development of the Tesla Gigafactory and other general corporate purposes." The "Gigafactory" is a proposed lithium-ion battery plant that will sit on an estimated 500-1000 acres of land, employ around 6,500 employees and have an estimated vehicle output of 500,000 units per year in 2020, according to the automaker. That amount of vehicles will require an estimated 50 gigawatt hours of energy per year in battery pack production. That's more energy in lithium-ion batteries than was produced globally in 2013. Construction of the Gigafactory is anticipated to take place during 2014 and all of 2015, followed by equipment installation in 2016. First production launch is scheduled for 2017. In keeping with the environmentally friendly theme, the Gigafactory will be "heavily powered" by both solar and wind energy, and according to our colleagues at Autoblog Green, "will also use older Tesla packs for storage." Tesla still hasn't announced in which state the factory will be built, but it has been narrowed down to four: Arizona, New Mexico, Nevada, and Texas. More details can be read in this PDF document released by Tesla and in the press release below. TESLA ANNOUNCES $1.6 BILLION CONVERTIBLE NOTES OFFERING WEDNESDAY, FEBRUARY 26, 2014 PALO ALTO, Calif., February 26, 2014 – Tesla announced today an offering of $1.6 billion aggregate principal amount of convertible senior notes in an underwritten registered public offering. Of the total offering, Tesla will offer $800 million aggregate principal amount of convertible senior notes due 2019 and $800 million aggregate principal amount of convertible senior notes due 2021. In addition, Tesla intends to grant the underwriters a 30-day option to purchase up to an additional $120 million in aggregate principal amount of convertible senior notes due 2019 and an additional $120 million in aggregate principal amount of convertible senior notes due 2021, for a total potential offering size of up to $1.84 billion. Tesla intends to use the net proceeds from the offering to accelerate the growth of its business in the U.S.