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Tesla CEO amends Model S financing deal after criticism

DETROIT (Reuters) - Tesla Motors Inc, the automaker led by billionaire Elon Musk, overhauled financing strategy for the Model S electric sedan in response to criticism that its initial plan last month overstated the potential cost savings.Full story

Family sedans losing ground to crossovers on convenience, price

DETROIT (Reuters) - Family sedans like the Toyota Camry and Honda Accord are losing ground this year as American families and empty-nest baby boomers find they would rather handle life's daily chores in a crossover. Full story

Tesla CEO tweets strategic announcement coming Friday

DETROIT (Reuters) - Tesla Motors Inc <TSLA.O> Chief Executive Elon Musk said the electric carmaker on Friday will make a strategic announcement that according to a spokeswoman revolves around service. Full story

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Articles

Tesla launches financing product for electric sedan

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Video

  Tesla's Fuzzy Math?

CNBC's Phil LeBeau discusses how Tesla is making its luxury sedan more appealing to the mass market.

  Tesla CEO Musk's Math

Tesla is offering a financing product that will make its model "S" sedan more accessible. A close look at the deal, with CNBC's Phil LeBeau.

  Tesla at a Glance

CNBC's Herb Greenberg and Phil LeBeau take a look at the first "family" sedan from Tesla, the Model S, which costs between $57,400 and $77,400. The range is up to 265 miles fully charged.

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Related Photos

File photo of a Tesla Model S electric sedan being driven near the company's factory in Fremont
File photo of a Tesla Model S electric sedan being driven near the company's factory in Fremont

A Tesla Model S electric sedan is driven near the company's factory in Fremont, California, in this June 22, 2012 file photo. The Model S is ten-year-old Tesla's first attempt to reach a mainstream audience for electric cars. Sales of the five-passenger sedan have outpaced expectations since its lau

A Tesla Model S electric sedan is driven near the company's factory in Fremont
A Tesla Model S electric sedan is driven near the company's factory in Fremont

A Tesla Model S electric sedan is driven near the company's factory in Fremont, California, June 22, 2012. REUTERS/Noah Berger

File photo of the Fisker automotive electric Atlantic sedan logo
File photo of the Fisker automotive electric Atlantic sedan logo

The Fisker automotive electric Atlantic sedan logo is seen during its unveiling ahead of the 2012 International Auto Show in New York April 3, 2012 file photo. Fisker Automotive, the struggling, government-backed hybrid sports car maker, said on April 5, 2013 that it terminated most of its rank-and-

The Fisker automotive electric Atlantic sedan logo is seen on the car's tire during its unveiling ahead of the 2012 International Auto Show in New York
The Fisker automotive electric Atlantic sedan logo is seen on the car's tire during its unveiling ahead of the 2012 International Auto Show in New York

The Fisker automotive electric Atlantic sedan logo is seen on the car's tire during its unveiling ahead of the 2012 International Auto Show in New York April 3, 2012. REUTERS/Allison Joyce