tesla motors

The electric car has arrived, but odds are that there isn't one in your driveway. Several factors have gotten in the way of the eco-friendly automotive revolution, but at least now we can ask conspiracy theorists -- who argue that oil companies and the government are blocking plug-in cars from the road -- to leave the room and take their tinfoil hats with them. The electric car is here; drivers simply don't want them yet.

Upstart automaker Tesla Motors confirmed this week that its groundbreaking Model S, an all-electric luxury-sports sedan, was on track to enter production by this summer. It already has pre-orders for more than 8,000. Is the moment coming soon when electric cars go mainstream?

The automaker has licensed technology from the Energy Department's Argonne National Laboratory that will boost the performance of lithium-ion battery cells for its electric Chevy Volt. The next-generation power packs will be made at a new plant in Michigan by Korea's LG Chem.

Toyota plans to rev up its vehicle production in the U.S., despite November's 7.3% drop in U.S. sales. The automaker has hired the first of an expected 2,000 workers for a new Mississippi Corolla plant, and says it expects to boost overall capacity utilization significantly from last year's weak levels.

Panasonic is recharging electric-car company Tesla Motors with $30 million. The electronics manufacturer, which provides batteries for Tesla's cars, will now own 2% of its customer. The deal also puts Tesla back in the battery business.

Electric carmaker Tesla Motors (TSLA) is recalling 439 cars because over fire concerns. The company said it is recalling Roadster models 2.0 and 2.5 after an incident where a cable chafed against the edge of a carbon fiber panel in the car, creating smoke and possibly fire behind the right...

Here's news from the business world and other money matters to watch out for Friday (last updated at 7:09 a.m. Eastern time): New 'Tech Titans' Emerge: Economic downturns typically breed innovation in the business world. Given the depth of the Great Recession, it's no surprise then that a whole...

As the U.S economy emerges from recession, a new crop of start-ups is blooming. From microblogging to social gaming and genetic testing, DailyFinance takes a look at 10 companies that stand a chance of becoming the tech leaders of the next decade.

Government funds will help expand manufacturing to produce up to 500,000 electric cars yearly by 2015, according to the Energy Department. The money, part of the economic stimulus program, will also boost the U.S. share of global battery production to 40% by 2015.

Tesla's electric cars have amazing acceleration, but the company's stock has been moving even faster since its IPO last week. It shot up 79% in its first two days, but has since fallen below the IPO price. Venture capitalists and cleantech startups are watching carefully.