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Tesla lowers Model S lease price, adds 3-month 'happiness guarantee'

Tesla Motors is offering an enticing deal for potential buyers who might not be entirely sure whether they actually want to own a Model S for the long term. A deal through US Bank not only lowers the cost to lease the EV but also turns leasing the brand's electric sedan into a long-term rental.
Curious buyers who lease a Model S are now able to return it in the first three months with no penalties and with the remaining payments waived, something Tesla is calling the "happiness guarantee." CEO Elon Musk announced the deal on the company's blog, and he said the payments were also as much as 25 percent lower because US Bank "has a much lower cost of capital than us." Currently, a Tesla lease starts at around $800 and can be up to $1,300, with down payments around $6,500. Tesla leasing is available in 38 US states (full list below).
Of course, there is a catch for the offer. If people turn in their Model S within three months, they can't immediately lease another one. Musk doesn't say how long the wait is.

Supra successor may be all-electric sourced from Tesla; MR2 returning too?

Rumors of a revival of the Toyota Supra and MR2 have been swirling for years right up until just this week when high-level Toyota employees all but confirmed their return.
But now The Detroit Bureau has put together news from different sources suggesting that the next Supra might be all electric. The report cites recent comments from Toyota senior executives hinting at plans to work with Tesla on a new joint project. The FT-HS Concept (shown above) seems a logical inspiration for a new Supra.
And on the other side of the equation is Tesla's design chief Franz von Holzhausen who was quoted last year saying his company was looking at its next project, probably a sports car, that would follow next year's intro of the Model X. He went on to suggest the car would compete directly with BMW's 3 Series, which, in coupe form, could be a worthy competitor to a Supra as well.

Refuel, TMC Connect conspire on most electric weekend ever

Refuel is back for 2014 and so is TMC Connect. This year the two events have logistically coordinated to make the July 18th weekend quite possibly the most electric ever. Refuel by Speed Ventures has been introducing owners of electric cars, motorcycles, and even go-karts to the wonders of the iconic Mazda Raceway Laguna Seca for the past six years, giving them the opportunity to explore its wondrous twists and turns at speed. For the more competitive-minded, the SportElectric TT allows participants to turn up the wick and race against the clock for trophies and glory. This year, they've even added an autocross course for your tire-squealing pleasure. This year, they've even added an autocross course for your tire-squealing pleasure. TMC Connect is a symposium for Tesla enthusiasts organized by the popular Tesla Motors Club forum. Having held its inaugural event last year under the Teslive banner just down the road from the Calfornia automaker's Fremont factory, the the conference has opted to motor southward to beautiful Monterey and let attendees take advantage of the coinciding Refuel event. Sunday's fun track time will be preceded by an informative Saturday, with number of speakers including Tesla's VP of Business Development Diarmuid O'Connell and Chelsea Sexton, the world's best known EV advocate and industry adviser. The concurrence of the two events ensures that there will be a large number of participants in on-track events, and so Refuel organizers have set up two different run groups. While there might be a sea of Teslas, we are also certain there will be quite a number of other, unique battery-powered vehicles on hand to check out. You can get more details from the official press release below or by visiting the Refuel website. If you are interested in attending TMC Connect, you can get more information and register via its website. REFUEL Welcomes Electric Vehicles to Mazda Raceway Laguna Seca Speed Ventures presents the 6th Annual REFUEL Clean Power Motorsports Event at Mazda Raceway Laguna Seca in Monterey, California on Sunday, July 20, 2014. For the sixth year running, Speed Ventures, the leading recreational motorsports club with operations in California and Nevada, welcomes electric cars and motorcycles to Mazda Raceway Laguna Seca in Monterey, California to showcase cutting-edge clean transportation technology in a motorsports setting.