Tesla Motors

Redefined Tesla Will Be On Road Soon

Tesla will be on roads soon with its improved features. Though the manufacturer Company is not expected to go for its gradation, the new version of the fourth generation roadster, the 2.5, will soon be hitting the roads.

A lot of improvements have been made in the old model, including the interiors, with large touch screen, the power control hardware that allows dynamic drive, sophisticated sound-systems, the invigorated front clip and rear diffuser and forged wheel designs.

Tesla Motors Withdraws Shares for Third Consecutive Day

Tesla Motors Inc., which is the first U. S. auto manufacturer to complete an early public offering in no less than a half century, withdrew its shares for the third straight day to spruce the gain for its initial week of trading to 13%.

The maker of the $109,000 electric Roadster that had been purchased by Brad Pitt and George Clooney slumped 13% to $19.20 in Nasdaq Stock Market trading.

Palo Alto, a California-based firm, had rallied 41% on June 29 after vending its shares above the predicted price range for its $260 million offering.