Tesla Motors Inc. appears to have missed its revenue target for the latest quarter by $315 million, suggesting the company is much better at selling cars than making them.
Breitbart News reported last month that Tesla’s CEO Elon Musk had told a shareholders’ meeting last month that the company, despite never meeting production goals, will revolutionize the auto industry to increase production over the next five years. He predicted … More
Porsche is developing its own electric car to take on Tesla – and says it will eclipse Elon Musk’s electric car.
‘It’ll be something entirely different than any of its competitors, across the board’ a product manager from Porsche told Automobile magazine.
Porsche first showed off its Mission E last year as a concept, but has since said it will go into production.
The firm has taken aim at Tesla’s ‘ludicrous mode’ … More
Lightweight agility is complemented by performance figures that challenge those of the internal combustion 3 Wheeler. Early indications suggest a minimum 0-62mph time of less than 9 seconds and a top speed in excess of 90mph. Encased within the tubular space frame chassis is a 20KWh Lithium Battery and a liquid cooled 46kW motor driving the rear wheel.