Tesla Motors Sold To Daimler? Well Some Of It…

Here’s the latest news on the maker of the super sexy electric vehicle (EV) Tesla Roadster. Tesla Motors has been sold to the German giant automaker Daimler. But not all over it…only 10%. How much is the Tesla-Daimler deal worth? About $50 million.

There is no denying that Tesla Motors is struggling right now. Even though their make clean electric cars, they still can’t get away from the clutches of the traditional motor industry.

Here are some of the news on the web about Tesla Motors and Daimler deal:

1) Tesla looks to future after selling stake to Daimler – Struggling electric vehicle pioneer Tesla has found a potential solution to its recent financial troubles – by turning to one of the giants of the car industry…

2) Daimler Partners with Tesla to Build Small Electric Car – German automotive giant Daimler has invested in electric-car company Tesla Motors and plans to use Tesla’s battery packs in its Smart electric car due later this year…

3) Trying to find the upside to Tesla-Daimler deal – Not everyone think the big Daimler-Tesla deal announced last week is a win-win. In fact, Jay Yarow over at Business Insider is trying to figure our how either side benefits from Daimler’s estimated $50+ million investment in Tesla…

4) Tesla, Daimler Team Up for Smart Batteries, Daimler Takes 10 Percent Stake – Daimler AG has invested a “double-digit million-dollar sum for about a 10 percent stake” in Tesla Motors as part of a new strategic partnership between the German automaker and the Silicon Valley electric sports car startup…

5) Tesla, Daimler Ink EV Deal – Daimler announced that as part of the agreement, it has acquired almost a 10 percent equity stake in Tesla Motors, giving the company a much needed cash infusion…

6) More Details on Tesla, Daimler EV Collaboration and the Future Roadster – Tesla Motors is collaborating with Daimler AG on two affordable EVs planned for production within the next few years…

7) Electric Connection: Tesla, Daimler – Electric car startup Tesla Motors has a new partner: German giant Daimler (DAI). On May 19, at the fashionable Hay-Adams Hotel in Washington, Daimler announced it has taken a 10% stake, worth about $50 million, in the San Carlos (Calif.) auto pioneer…

8) REPORT: Tesla Motors valued at $1 billion – Wondering how much Tesla Motors might be worth on the open market? It would seem the actual figure would depend you who you ask. Based on the assumption that Daimler paid $50 million for nine-percent of Tesla, the Silicon Valley automaker would theoretically be worth $550 million…

That’s the news so far on Tesla – Daimler deal. It makes you wander, makers of pure electric car are having a tough time surviving in the current market. It actually made DIY electric car conversion makes more sense.

Tesla Motors Unveiled the New Model S Electric Car

The been a lot of excitement lately in the electric car industry. Tesla Motors has unveiled their new sedan electric car, the Model S. Check out the video below:

Here are some facts about the Model S:
1) Weight: 4000 pounds
2) Top speed: 120 mph
3) 0 – 60 in less than 5.6 seconds. The Tesla Roadster 0 – 60 is less than 4 secs
4): Mileage per charge: There are actually 3 types of Model S. Each has different mileage per battery charge. The ranges are 160 miles, 230 miles and 300 miles.
5) Battery charging time: 45 minutes
6) Seating Capacity: 5 adults and 2 children
7) Electric Car Cost: The basic model is selling at $49,000.00
8) Delivery date: Some time in 2011. All depend whether Tesla Motors can secure funding for the production.

How does it feels like to get into a new Tesla Roadster electric car? Check out the video below:
I am dying with envy.