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Tesla Motors stock breaks $200 mark for first time

It seems not that long ago that the air had been let out of Tesla Motors high-flying stock price. The company didn't adequately thrill the market when it disclosed its third-quarter 2013 financial results last November and TSLA price plummeted quickly enough to trigger a temporary halt to short sales. Immediately after that, the infamous Tenessee CarBQ happened, adding to the loss of altitude. Shares that had been, at one point, worth as much as $193.37 spent the last half of November 2013 bumbling along in the $120 neighborhood. If you had chosen that low point to invest, we imagine you are wearing a very self-satisfied smile today. That's because the TSLA stock has more than reversed all previous losses and reached a high of $201.91. The most dramatic part of that rise came this week as the price saw a gain of $30. By the end of the day today, TSLA settled at $196.62, up just six cents from the close of trading yesterday. Whether or not the stock has been buoyed by anticipation of the upcoming fourth-quarter financial reporting – estimated to happen a week from now – is hard to say. Certainly the fears over future battery supply constraints have been calmed, and we expect the upcoming call to have even more concrete details about the giga-factory. If you think you know the reason for the recent rise, please feel free to share with the rest of the class in the Comments. Featured Gallery Tesla Model S View 24 Photos News Source: NASDAQ Green Tesla Electric tsla nasdaq

Epic Electric American Road Trip goes 12,000 miles on EV power

Twenty-seven states. 12,000 miles. Zero gasoline. Those are the headline numbers for the "Epic Electric American Road Trip" that ended in Venica, CA today, just in time for Earth Day. Norman Hajjar, the managing director of Recargo's driver research division, PlugInsights, made the journey in a stock Tesla Model S both as a way to draw attention to electric vehicles (he's trying to get Guinness World Record to verify that this was the longest vehicle journey ever taken using 100 percent electric power) and to show that long-distance road trips are possible even with today's charging infrastructure. This was certainly a trip for an EV diehard, since it was made up of 109 hours of charging and 213 hours of driving. That leads to the second part of Hajjar's reason for driving criss-cross across the US: to "draw attention to needs for further improvement." You can relive the journey over at Plugshare or on Twitter. World Record-Breaking Electric Vehicle Journey Crosses Finish Line "Epic Electric American Road Trip" marks the longest ever journey made with zero fuel costs VENICE, Calif., April 21, 2014 /PRNewswire/ -- Today marks the completion of the record-setting Epic Electric American Road Trip, a 24-day, 12,183-mile battery-powered journey sponsored by electric vehicle (EV) software and information services company Recargo Inc. The trip is seeking Guinness World Record verification for longest vehicle journey ever taken using 100% electric power, and served to emphasize the possibilities of the nation's current electric vehicle charging infrastructure. Norman Hajjar, Managing Director of Recargo's driver research division, PlugInsights, crossed the finish line in a stock Tesla Model S sedan. At the trip's end, Norman has ventured across a 27-state route spanning the four corners of the lower 48 states: Washington, Maine, Florida, and California, ending at Recargo's offices in Venice, California. Hajjar took advantage of Tesla's newly built, proprietary string of cross-country "Supercharger" stations, in order to make the coast-to-coast electric venture. "We wanted to illustrate what's possible with the nation's charging infrastructure, and draw attention to needs for further improvement," said Norman Hajjar. "The plausibility of a mass switch to EV usage in America simply can't be separated from the need for a robust fast-charging network. I've traveled over 12,000 miles in under 3.5 weeks.

Recharge Wrap-up: Volvo's efficient truck concept, Tesla's updated mobile charger is cheaper

Mercedes-Benz plans to equip its gasoline-powered cars with particulate emissions filters, just like its diesel vehicles. Claiming to be the first automaker to apply the technology to gasoline motors, successful testing in the S500 led to the decision to expand the use of these filters. This announcement coincides with a $3.35 billion investment in clean diesel technology, including a new four-cylinder engine that adheres to strict emissions guidelines. It's not clear when Mercedes will begin including the filters on its gasoline vehicles, or if it intends to use them outside of Europe. Read more at Green Car Reports. Tesla has updated its mobile charger and given it a lower price. The 40-amp "Mobile Connector Bundle" – which used to sell for $650 – is now priced at $550 with two adapters and a storage bag, with an available $520 version offered without the adapters. Tesla's product description reads, "The Corded Mobile Connector has an integrated 240 volt 50 amp rated plug for high power output. A seamless design provides a low profile connection, allowing for use with covered outdoor outlets." Read more at Electrek. Volvo has developed a new truck concept that reduces fuel consumption by more than 30 percent. The modified Volvo FH 420 long-haul truck, simply called the Volvo Concept Truck, features 40 percent better aerodynamic efficiency, a weight reduction of about 4,400 pounds, and tires with lower rolling resistance. The truck's rear view mirrors have been replaced by cameras, which, in addition to reducing drag, also improve safety through better visibility. While the research vehicle won't reach market as-is, some of its aerodynamic features have already been included in real-world applications, with more to come as Volvo aims to improve the efficiency of its trucks by 50 percent. Read more at Green Car Congress, and in the press release below. Volvo Trucks' new concept truck cuts fuel consumption by more than 30% Almost one-third lower fuel consumption. Volvo Trucks' new concept vehicle shows how it is possible to drastically boost productivity in long-haul operations. Among the secrets behind these remarkable fuel savings are aerodynamic design and lower kerb weight. With support from the Swedish Energy Agency, Volvo Trucks has developed a new concept vehicle, the Volvo Concept Truck. It is the result of a five year long research project aimed at creating more energy-efficient vehicles.