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Tesla Supercharger wins AOL Autos Tech of the Year award

The votes are in, the ballots have been counted and the envelope is open. Together with our partners at AOL Autos, we're proud to announce the winner of our second annual Technology of the Year award. After having awarded the inaugural prize last year to Chrysler for its UConnect infotainment system, this year we've selected the Tesla Supercharger network as the top technological advancement in the automotive industry.
While enthusiasts will likely associate the name "supercharger" with forced induction, Tesla has successfully redefined the term to apply to its increasingly sprawling network of charging stations across the country. Drive your Model S up to one of the 54 such stations in the United States, and you can be on your way with a full charge in just 20 minutes, instead of the full eight hours it usually takes. With much of the industry and government still wringing its hands over a lack of infrastructure for alternative fuels, Tesla has taken the reins and is working to fix the problem itself.
The winner was selected from a compelling list of candidates by a jury including editors from AOL Autos, Autoblog, AutoblogGreen, Translogic and even Engadget. The Tesla Supercharger beat out such contenders as Chevy's MyLink Valet Mode, Infiniti Backup Collision Intervention, Volvo Pedestrian and Cyclist Detection, Mopar In-Vehicle Wireless Charging and Mercedes-Benz Intelligent Drive to claim the hardware, which was presented at this week's CES show in Las Vegas.

Tesla's Elon Musk made $1.1 billion yesterday, how about you?

Thanks to skyrocketing share prices, yesterday was a very big payday for Tesla founder Elon Musk. The already wealthy businessman added another $1.1 billion, ten percent of his net worth, to his overflowing wallet yesterday after Tesla's shares hit $248. This time last year, TSLA was trading at roughly $34 per share.
Tesla's latest jump in a year that has already seen share prices climb 65 percent is thanks to positive reports from Consumer Reports on the company's Model S electric sedan, and some kind words from Morgan Stanley about the brand's plans for a battery factory.
Despite all the good news for Tesla yesterday, not all of the $1.1 billion Musk earned came from his automotive pursuits. SolarCity, which Musk is also the largest shareholder in, saw its share prices jump 3.1 percent, as part of a 43-percent jump in 2014.

If Tesla Model 3 is successful, Sergio Marchionne will copy it

Fiat Chrysler CEO Sergio Marchionne hasn't hidden his disdain for electric vehicles, but he would copy the Tesla Model 3 if it is successful, according to Automotive News Europe. If Elon Musk "can show me that the car will be profitable at that price, I will copy the formula, add the Italian design flair and get it to the market within 12 months," Marchionne told Automotive News Europe during FCA's annual meeting in Amsterdam. In terms of pre-orders, the Model 3 is a success. Musk tweeted on April 7 that the company had over 325,000 reservations for the sedan, which he estimated were worth around $14 billion. The car will start at $35,000 before incentives. Marchionne, however, isn't optimistic Tesla can actually make the electric sedan work financially. "I'm am not surprised by the high number of reservations but you have then to build and deliver them and also be profitable," he told ANE. The FCA boss is a noted skeptic of EVs. In 2012, he said that the company only built the 500e because of California's zero-emissions vehicle mandate and to give engineers experience with the technology. He doubled-down in 2014 when he claimed FCA lost $14,000 on each 500e and said he would rather people didn't buy them. More recently, he infamously said "you'd have to shoot me first," before he'd allow a fully electric Ferrari. Related Video: