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Tesla Motors will open seven new sales and service centers by the end of June in the U.S. and Europe, the all-electric car manufacturer said today.

A U.S. traffic safety agency has ordered the first recall of Tesla’s electric sports car Roadster over a problem which can cause its rear wheels to come loose.

German automaker Daimler AG acquired an equity stake of nearly 10 percent of Tesla Motors Inc. the San Carlos California- based manufacturer of all electric vehicles, the companies announced Tuesday.

All electric automaker Tesla Motors said Tuesday the number of reservations for its Model S car has exceeded the company's expectations hitting 1,000 units over the weekend, according to a company spokeswoman.

Elon Musk, the Chief Executive of electric automaker Tesla Motors said Tuesday that General Motors should have continued introducing new electric cars after its EV1 models were produced in the 1990s, adding that he hopes that his company’s cars will help spur an electric car revolution.

Tesla Motors, Inc. announced Thursday that it has taken more than 500 orders for its all electric sedan Model S since the car was launched on March 26.

Electric car start-up Tesla Motors Inc unveiled its newest, cheapest vehicle on Thursday, a four-door sedan that can carry five adults and could travel up to 300 miles per charge.

Electric luxury automaker Tesla Motors Inc. may receive a loan for $350 million from the U.S. Department of Energy's $25 billion program to encourage building of more fuel efficient cars.

Shares of graphics chip maker Nvidia Corp. (NASDAQ: NVDA) traded at an all time high on Thursday after the company gave an upbeat outlook for the near-term and it introduced a new high-end desktop product.