A latest report has revealed that Tesla Motors Inc., the designers and manufacturers of electric cars has announced their future plans.

It has been revealed that they have made a sport-utility battery powered car which has gullwing doors. The car was unveiled also, but CEO Elon Musk told that they would start the sales of the care after starting the sales of Model S sedan.

Japanese automaker, Toyota has said that it will be soon showcasing an-all new electric version of RAV4. This version is being developed in collaboration with Tesla Motors and will be used as plug-ins for Prius in the US.

Toyota said that the car will be introduced by mid of May or June of 2012. The information was given by the head of Toyota's R&D facility.

The electric car making firm of US Tesla Motors has observed that its shares up by 40% on their first day of trading. Tesla Motors was the top gainer in the NASDAQ Index of Wall Street despite of huge falls in rest of the market.

California-based electric car maker, Tesla Motors has managed to raise $226 million through its IPO which was priced at $17.

This is the first IPO in almost half a decade in US which has been able to sell its issue at the price which is higher than its earlier forecast price.

$42 million is expected to be paid by Tesla Motors for the bones of the NUMMI plant in Fremont, California. The Company, here is in a doubt to construct electric vehicles with the help of Toyota.

Three employees of Tesla Motors Inc., a manufacture of battery-powered autos, died in a plane crash in California's Silicon Valley that knocked out electricity to companies including Hewlett-Packard Co. and Facebook Inc.

Tesla Motors CEO Elon Musk and co-founder Martin Eberhard have settled their differences, putting an end to bitter legal dispute.

The dispute was over the issue: whether Elon Musk or Martin Eberhard got the right to call himself the founder of the company.

Underlining the hiccups associated with the switch-over to the EV technology, the $109,000 version of electric Roadster manufactured by Tesla Motors have been recalled, due to contract manufacturer Lotus' 'suspension' lapse pertaining to improper installation of bolts.

With a view to further its electric car production plans, German automaker Daimler AG Tuesday announced its acquisition of a nearly 10 percent stake in California-based electric car maker Tesla Motors Inc. As an inclusive part of the stake deal, Herbert Kohler - Daimler's VP - will take a seat on Tesla's board of directors.

The manufacturer of consumer-oriented battery electric vehicles in Silicon Valley, Tesla Motors unveiled its second electric car, 'Tesla Model S,' on Thursday. The San Carlos, California based automobile startup company revealed its lower-cost successor to its Roadster and all electric sedan - 'Tesla Model S' at the Hawthorne, California.