Tesla
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Norway has been in the news lately and not just a little but across a wide range of news organizations. Norway has been very embracing of the move to EVs supporting just about every version that has come out from small EVs that would remind one of a Golf cart and illegal on the roads in the US to the luxury level of Tesla with the X and S auto's. Norway has even been leading the world in the change over of their countries taxi fleet to EVs. One benefit to the taxi owner is the ability to write off half of the auto cost in the first year and the rest in the second year as long as the taxi travels over 100,000 kilometers per year. This allows private taxi drivers…
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Last year, the State of Michigan signed a bill that banned an automaker from doing direct sales. This meant an automaker like Tesla couldn't sell any of their vehicles in the state. The move was widely applauded by the likes of GM and the Michigan Automobile Dealers Association. Tesla wasn't impressed by this and since then has been working on trying to change this. But it hasn't been going well. While the company has been trying to educate lawmakers and state officials, it seems everyone in the state doesn't want to bring up the debate. “There doesn’t seem to be much interest from not only the dealers, but manufacturers like GM that want to continue to shut us ou…
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Earlier this week, Tesla announced its quarterly production figures and the Model 3 is getting off to a slower start than expected. In a statement, Tesla said that it had delivered a total of 26,150 vehicles in the third quarter. Here is how it breaks down, Model S: 14,065 Units Model X: 11,865 Units Model 3: 220 Units Only 260 Model 3s were built in the third quarter. Tesla said the reason for the small production of Model 3s was due to "production bottlenecks." The company didn't go into detail as what the bottleneck is. This isn't a good start as Tesla promised to build 5,000 Model 3s by the end of the year. "It is important to emphas…
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G. David Felt Staff Writer Alternative Energy - www.CheersandGears.com Tesla Model 3 to Debut End of March, Production Late 2016 Green Car Report is reporting that the first images of the Model 3 will be shown at a Debut late in March. Tesla CEO in France for a Tesla Owners Convention says it could be only a picture or two, that they will show the real thing closer to production or release for sale. Yet many have stated that Tesla has been known to surprise people with new production auto's. GM with it's Chevy Bolt 3 going into production and availability coming up at dealership has put pressure on Tesla to finally deliver on the Model 3. Tusk has stated it wi…
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Shares of Tesla stock dropped today due to a video showing a tesla on highway 167 in south seattle catching on fire after hitting some steel in the road. Leaving one to wonder just how easy is it for these electric auto's to catch on fire and possibly kill someone. The incident happened at approximately 8am and was posted on WSDOT Cam web site and local news. It soon became the talk of the office in regards to how safe are these auto's and should they be allowed to be on the road? Seattle Times had the following story. http://seattletimes.com/html/businesstechnology/2021951388_teslastockxml.html?syndication=rss http://www.youtube.com/embed/q0kjI08n4fg http://www.…
Last reply by David, -
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Tesla isn't done with price cuts it seems. Bloomberg reports that the automaker has dropped the price of all Model 3 models by $1,100 - bringing the base price to $42,900. The reason cited by Tesla was the end of a customer referral program that ended up costing them more than they realize. The program gave new owners six months of free supercharging if they were referred by a friend. Those who referred a number of people got rewarded with various prizes such as getting the next-generation Tesla Roadster. This is the second price cut for Model 3 this year. Last month, Tesla instituted a $2,000 price cut on their lineup to soften the blow of the Federal Tax Credi…
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One of the key benefits of owning a Telsa is having access to the various Supercharger stations around U.S. for free. But if you're one of the 300,000-plus buyers for the Model 3, you'll have to pay to have your vehicle charged at the station. “Free Supercharging fundamentally has a cost,” said Telsa CEO Elon Musk at the company's annual shareholders meeting yesterday. "The obvious thing to do is decouple that from the cost of the Model 3. So it will still be very cheap, and far cheaper than gasoline, to drive long-distance with the Model 3, but it will not be free long distance for life unless you purchase that package.” That package in question would give Mo…
Last reply by hyperv6, -
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The National Highway Transportation Safety Administration (NHTSA) has opened an investigation into a fatal crash dealing with Tesla's Autopilot system. In a statement given to Reuters, NHTSA said the driver of a 2015 Tesla Model S was killed while the vehicle was in the Autopilot mode. The crash took place on May 7th in Williston, Florida when a tractor-trailer was making a left turn across a divided highway. Tesla in a lengthy blog post said: "neither Autopilot nor the driver noticed the white side of the tractor trailer against a brightly lit sky, so the brake was not applied." The Model S drove underneath the trailer with the bottom making contact with the windshie…
Last reply by oldshurst442, -
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Tesla Model S vs Tesla Model X - Dragtimes.com Husband vs wife, sedan vs crossover, insanely fast vs unimaginably fast; All are accurate ways to describe this comparison of Teslas. The latter of which was quick enough to claim a World Record run for a crossover (or so the article states) of 11.61 seconds at 116 mph. Crazier yet is that it managed to hit 60 mph in only 3.1 seconds. Don't take it from me, though, watch the video below. Mind = Blown.
Last reply by Drew Dowdell, -
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Tesla held their first quarter earnings call yesterday. The company reported revenue in the quarter that more than doubled and that they are on track on getting the Model 3 in production in July. But this was overshadowed by some comments made by CEO Elon Musk. "We have seen some impact of Model S orders as a function of people being confused" that Model 3 is the upgrade to Model S, Musk said on a conference call. Yes, it seems some of Tesla's prospective buyers believe the new Model 3 - the upcoming entry-level model - is the replacement for the Model S. This misconception has likely risen as Tesla has been promoting this vehicle since last July. Tesla's worry …
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http://www.autonews.com/article/20160224/OEM05/160229927/tesla-offers-free-towing-for-up-to-500-miles-in-n-a What exactly does that say about the quality of the car? IMO.. it says plenty.
Last reply by hyperv6, -
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One thing you cannot call Elon Musk is a shrinking violet. The CEO of Tesla has taken to Twitter once again to defend the company. This time it deals with the results of Consumer Reports' annual reliability survey where the Model S, a vehicle which had earned the coveted Recommended rating, lost it this year due to a number of problems reported by owners. CR says the Model S likely to face a "worse-than-average" overall problem rate. Musk said in his tweets that problems outlined in CR's survey were because of early production models and that new models have these issues ironed out. Musk goes on to say "Most important, CR says 97% of owners expect their next car to be…
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Found this great write up by Bob Lutz Industry auto Czar who thinks Tesla is Doomed and he gives some damn straight points to back his editorial up. 1) Distribution, Factory car shops are very expensive and Elen Musks Factory sales shop experience at Porsche ate through millions. So far this is not a sustainable model for auto's. 2) Once OEM existing auto companies get serious about long distant EV's they will eat up Tesla. Bolt is expected to be the first warning shot. 3) Cheap gas is not helping Tesla. 4) Auto companies who invested in Tesla did so to get R&D done without losing billions. Now many have left Tesla to go to work for the bigger auto companies li…
Last reply by El Kabong, -
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Tesla makes zero profit. Mitsu,,, actually I have no idea if they make a profit or not, but the billions it would take to develop EVs priced like EVs already here (or will be before mitsu gets off it's ass) would just accelerate mitsu's losses. And newsflash- "$35K" isn't "cheap".
Last reply by A Horse With No Name, -
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Report on Early Tesla Model S Claims two thirds will need powertrain replacement before 60,000 miles 1 2
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How is everyone this fine evening? http://www.popularmechanics.com/cars/hybrid-electric/a18489/two-thirds-of-early-tesla-model-s/
Last reply by David, -
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So Tesla, or more specifically, Elon Musk, said the company wants to have a self driving car on the road within 3 years. Musk is being realistic about this venture. The entrepreneur and futurist clarified that Tesla's self-driving car would give the computer 90 percent control of the vehicle. Otherwise, it would take much longer to get one on the road, since "it's incredibly hard to get that last few percent." Source: http://gizmodo.com/elon-musk-is-building-a-self-driving-car-because-of-cou-1340946551 I really don't like the idea of self driving cars. Driving is one of favorite hobbies and I would hate it this is taken away from future generations. What do you guys …
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Tesla's stock opened under $200 at $197.75 on Tuesday, a substantial decrease from the $332.80 it was trading for in December 2018. In April, Tesla posted a $722M loss for the first quarter of 2019. Tesla has faced terrible delivery reports over the last two quarters while also trying to get the new Tesla Model Y production online and a Gigafactory in Shanghai operational. The Los Angeles Times reports that Wedbush Securities Analyst Dan Ives has cut the price target of Tesla from $275 a share to $230 a share citing an escalating trade war between the U.S. and China. Another analyst cuts Telsa's forecast Chinese sales in half and sees the company being forced to t…
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.Over the weekend, Tesla CEO Elon Musk took to Twitter and announced a new powerful version of the Model 3. The version according to Musk will cost $78,000 and will be "quicker & with better handling. The last line of Musk's tweet made us chuckle since the current Model 3 warranty doesn't permit racing and autocross. Nevertheless, it has brought up questions as to where the $35,000 Model 3 is. For a number of buyers who plopped down the $1,000 deposit, this is the model they are waiting for. Musk gave a roundabout answer to where the low-priced Model 3 is. There is some truth to Musk's madness. Tesla is burning through cash like it is going…
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After September 24th, Tesla will end production of the rear-wheel drive Model S 75. The model is the cheapest way to get into the Model S with a base price of $69,500. After the 24th, the Model S 75D with its dual motor AWD setup will become the entry-level model with a base price $74,500. This will leave the Model 3 as the only Tesla model that is available with RWD. This news was first broke by Electrek back in July, although no official end date was given. We can see a couple of reasons for Tesla dropping the RWD Model S 75. One is to help streamline production line and hopefully get more vehicles out. It also gives further differentiation between the Model 3…
Last reply by oldshurst442, -
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There really hasn't been much information about the Tesla Model 3 since CEO Elon Musk revealed the concept last March. Speculation and spy pictures revealing certain details were all we had. But last night at the automaker's Fremont, California production facility, Tesla finally spilled the beans on the Model 3 along with delivering the first 30 models. The Model 3 will begin at $35,000 and delivers a total range of 220 miles. Tesla doesn't list any power specs for the electric motor, but does mention it will hit 60 mph in 5.6 seconds and a top speed of 130 mph. Six exterior colors will be available - aside from black, the other color choices add $1,000 to the bottom…
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During their first quarter presentation, Tesla announced that it would be accelerating plans to produce 500,000 vehicles from 2020 to 2018. This in part due to the demand for the recently announced Model 3. This is an ambitious goal to say in the least and one that could haunt Tesla if they don't meet. Already, they might have hit a roadblock. Reuters reports that Tesla hasn't finalized the design of its new Model 3. During a call with analysts last week, CEO Elon Musk said design is still being worked on. Musk also said it would take another six to nine weeks for various engineering decisions to be finalized. No reason was given as to why Tesla hasn't finalized the d…
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In case you lost count; we're in the 4th month.
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oh. my. God. Shades of the 1958 Aurora, it's even in the same color scheme: This has to be a joke, someone please tell me this is a joke. It looks like it was built with cardboard and a few cans of spray paint. Not to mention; Rivian must be feeling par-TIC-ularly pleased with their work after viewing this.
Last reply by David, -
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The latest state to ban direct sales of vehicles is Michigan. Today, Governor Rick Synder signed a bill into law that would ban such automakers as Tesla from directly selling vehicles to consumers. This bill also allows dealers to make the decision whether or not to charge the transaction fee. "This bill does not, as some have claimed, prevent auto manufacturers from selling automobiles directly to consumers at realign in Michigan. That is because this is already prohibited under Michigan law. The current law states that a manufacturer shall not "ell new motor vehicle directly to a retail customer other than through its franchised dealers…" the Governor wrote in a letter…
Last reply by hyperv6, -
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Tesla unveiled their newest addition to their lineup, the Tesla Model Y, last night at an event in Los Angeles. The Model Y is a crossover based on the Model 3 platform but is large enough to carry 7 adults. Inside, the high seating and panoramic roof lend a feeling of spaciousness. A front trunk and split folding second-row seats provide a total 66 cubic feet of storage. Like on the Model 3, accessing the Model Y works from a connection to the driver's smartphone. The Tesla Mobile App connects to features like remote door lock, Summon, remote pre-conditioning, location tracking, and more. Tesla has built the Model Y to be the safest mid-size SUV with rigid body …
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Tesla CEO Elon Musk made a surprise announcement earlier this year with the upcoming Model Y crossover using a new platform and not the one used for the Model 3. Musk has changed his tune, however. “Upon the council of my executive team . . . who reeled me back from the cliffs of insanity—much appreciated—the Model Y will in fact be using substantial carryover from Model 3 in order to bring it to market faster,” said Musk during the second quarter earnings call yesterday. How much faster? Previously, Musk said the Model Y (if that is the final name) could arrive by 2019. But during this call, Musk did not give a date - possibly a wise idea. Source: Autoblog…
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Tesla announced that beginning today, the standard version of the Model 3 with a base price of $35,000 is available for order. The base Model 3 has a top speed of 130 mph and a 0-60 time for 5.6 seconds. Additionally, Tesla will be introducing a Model 3 Standard Range Plus with 240 miles of range, top speed of 140mph, 0-60 of 5.3 seconds, and some interior upgrades for $37,000 before incentives. Tesla claims that these upgrades give customers 9% more range for 6% more money. Existing Model 3 drivers will be receiving firmware updates that will increase the range of the Long Range rear-wheel drive Model 3 to 325 miles and the Model 3 Performance top speed to 162 mph…
Last reply by David, -
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We have to wonder if Tesla CEO Elon Musk regrets posting this tweet as the Justice Department has opened an investigation into the company. Bloomberg has learned from two sources that federal prosecutors opened a fraud investigation into the company after Musk's tweet sent shares soaring. This follows an inquiry by Securities and Exchange Commission into whether or not Tesla had issued "misleading pronouncements on manufacturing goals and sales targets." The investigation is in the early stages according to a source and its unclear how big of a scope the investigation could take. Prosecutors could look into other statements by Musk concerning Tesla's overal…
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You ever know someone that was trying to be the center of attention by doing anything that would get them notice? We have to wonder if Tesla is employing this as yesterday they announced a 100 kWh battery option for the Model S and X. Here are the key details you need to know, Model S P100D: 0-60 time of 2.5 seconds in Ludicrous mode, total range of 315 miles Model X P100D: 0-60 time of 2.9 seconds in Ludicrous mode, total range of 289 miles As for pricing, the Model S P100D will set you back $134,500. The Model X P100D starts at $135,500. If that is a bit too much for you, there is another option. If you have a P90D Ludicrous on order, you can…
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G. David Felt Staff Writer Alternative Energy - www.CheersandGears.com "Officially Open" AP Reports for Tesla Gigafactory Brought to you from the Money section of MSN.com, AP is reporting that on July 26 2016, Tesla has officially acknowledged that the Gigafactory is officially open for manufacturing of batteries and expansion is on track that will allow Tesla to build and deliver 500,000 auto's in 2018. This includes the heavily pre-sold Tesla 3. AP Story on MSN There is plenty of additional news around this 3200 Acre battery plant that has even more info on the time line of being full production, which Elon Musk now says will be some time in 2020. BB…
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Tesla's hotly-anticipated Model X continues testing in California and Los Altos shutterbug hushypuppy has snapped half a dozen photos of the electric carmaker's crossover rolling down city streets. The company has yet to reveal photos of the production vehicle. The vehicle is vital to the Palo Alto-based carmaker's future. The twice delayed Tesla Model X has attracted over 21,000 pre-orders and is predicted to push Tesla (NASDAQ: TSLA) shares up 70%. Deliveries are expected to begin in Q3 2015. High definition photos can be viewed at VWVortex. Source: VWVortex; HybridCars.com View full article
Last reply by balthazar, -
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Last night, Tesla CEO Elon Musk announced some big changes for the Model S. The first change is the introduction of all-wheel drive to the Model S lineup, which means the addition of a second electric motor up front. The system dubbed Dual Motor All Wheel Drive works out like this for their lineup, 60D and 85D - Front & Rear Motor: 188 horsepower and 181 pound-feet of torque; Combined: 376 horsepower and 326 torque. P85D - Front Motor: 221 horsepower and 244 pound-feet of torque; Rear Motor: 470 horsepower and 443 pound-feet of torque; Combined: 691 horsepower and 687 pound-feet of torque. The P85D will take the place of the P85+ as the Model S flagship wit…
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Tesla's 'production hell' is continuing on and is causing the automaker to shut down the Model 3 assembly line for almost a week. Reuters has learned from two sources that Tesla will stop production of the Model 3 from May 26th to 31st in an effort to fix the various bottlenecks on the line. A Tesla spokesperson declined to comment. Tesla warned that there would be 10 days of temporary shutdowns this quarter in an effort to try and get Model 3 production back up and running smoothly. CEO Elon Musk said the shutdowns would be used to make upgrades to reach a goal of building 5,000 Model 3s by the end of June. Already, Tesla stopped production for a few days last …
Last reply by David, -
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Bloomberg is reporting that NJ caught Tesla by surprise when it moved to block direct sales of cars to the public forcing Tesla to consider what to do with their two auto stores in the most densely populated state in the nation. Tesla says that the company has been talking to NJ Government. The governor has said Tesla needs to work with the state's political system to change existing laws. Either way, Tesla is in a long fight as more states pass tougher direct sales laws for auto sales to protect their current franchise network of dealers. Texas just passed some of the strictest laws around. Full Story: http://www.bloomberg.com/news/2014-03-11/tesla-stores-may-be-clos…
Last reply by David, -
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Tesla is moving further into exotic car territory with the Model-S and Model-X. Elon Musk announced in a tweet on January 9th that after January 13th, the 75D versions of both vehicles would no longer be available for order and the new entry-level model will be the 100D. The starting price for Model-S 75D is $76,000. That gets you an AWD EV with 259 miles of range that can do 0-60 in 4.2 seconds. Telsa's AutoPilot is available for an additional $5,000. Moving to the 100D is an increase of $18,000 to $94,000. That increases the range to 335 miles and cuts a tenth of a second off the 0-60. The Model-X 75D starts at $82,000 with a range of 237 miles. With that…
Last reply by Drew Dowdell, -
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The latest way Tesla has been trying to get around states that ban direct sales (Michigan for example) is to apply for a dealer license. But this plan appears to not be working. Automotive News reports that North Carolina's Division of Motor Vehicles has rejected Telsa's application to attain a second dealership license and said the automaker must go through a third-party dealership group. The ruling states that Tesla didn't meet the specific requirements to become exempt from a state law prohibiting manufacturers from owning dealers. Tesla already has one store in North Carolina in Releigh and was hoping open a new store at their service center in Matthews (subur…
Last reply by hyperv6, -
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The past couple of months have not been pleasant for Tesla. Production delays of Model 3, the firing of 700 workers, and various parts of the Model 3 being handmade have put a negative light on the electric car company. Yesterday, Tesla announced their Q3 results and the news isn't pretty. Tesla reported a $671 million loss for the quarter, making it the largest quarterly loss. The company burned through $1.42 billion in cash in the quarter as it worked on ramping up Model 3 production. Revenue was slightly up to $2.98 billion. Tesla also revealed that it is pushing back its ambitious goal of 5,000 Model 3s per week by the end of this year to the end of the firs…
Last reply by A Horse With No Name, -
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In an email to all employees today, Elon Musk has announced that Tesla plans to layoff 7% of its staff or about 3,150 jobs. In addition to these cuts, Tesla will also retain only the most critical of contractors and temporary workers. Tesla's workforce grew by 30% last year. Musk reported that preliminary financial results for Q4-2018 show a small profit, smaller than the 4% profit reported for Q3-2018. Musk stressed that Telsa must work to get the mid-range Model-3 available in all markets by May in order to target a tiny profit for that quarter. The email was also posted to Tesla's company blog. Hat tip to reader @Cmicasa the Great for notifying u…
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Another set back for Tesla. Tesla faces a federal investigation by NHTSA regarding what has been termed an "alarming" number of vehicle fires. In some instances, vehicles in an accident caught on fire, were extinguished, towed to an storage lot, then again caught on fire WEEKS later. Tesla is also facing a class action lawsuit from owners over software update complaints. These legal entanglements are on top of the 2018 FBI investigation into possible overstatement of Model 3 deliveries and any associated stock price manipulation, AND Tesla settling a lawsuit by the SEC regarding his "funding secured" tweet related to implying he would take the company priva…
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Consumer Reports has rescinded the "Recommended" rating after a high number of survey responses came back with reliability complaints. Survey respondents have indicated that the electronics in the car have issues such the screen freezing or acting as though it was being touched rapidly in multiple locations. This issue would cause music to play, volume to increase to maximum, or the navigation map panning and resizing. Some owners reported issues with trim and paint, with a few, including CR themselves, experiencing a large crack in the rear glass. When the Model 3 came out in 2017 it received an initial rating of average based on the fact that it shares so …
Last reply by ocnblu, -
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Tesla is known for building quick vehicles, but they're also known for burning through a lot of cash. Bloomberg recently crunched some numbers on how fast Tesla goes through money and the amount is quite shocking. According to their data, Tesla has been burning through $8,000 per minute (about $480,000 in an hour) for the past 12 months. At this rate, Bloomberg predicts that Tesla could run out of money by next August. Tesla spending money like it is going out of style is not all that surprising. The automaker is trying to ramp up production of the Model 3 along with dealing with various issues. Still, the $8,000 per minute figure gives us an idea of how far Tes…
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Hundred of thousands of people plopped down $1,000 to reserve a Tesla Model 3 last year. At the time, buyers were told not to expect their Model 3 until the end of 2018. Since then, buyers haven't been told a thing. When will their vehicle arrive? What options will be available? What will be the final price? None of these questions have been answers and some now are looking for answers. Bloomberg spoke with some people that dropped $1,000 deposit to get on the Model 3 reservation list. All of the people in the story want more information and hope they get some answers this Friday as Tesla will be holding an event to hand over the Model 3s to the first 30 customers. …
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http://www.autoblog.com/2016/03/21/dont-buy-used-2014-bmw-i3-consumer-reports/
Last reply by hyperv6, -
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We never thought that we would ever see the day that a semi truck would get as much hype as an upcoming sports car or one of Tesla's new models. But that's the case with Tesla's new semi truck that debut last night. The design reminds us of GM's original 'dustbuster' vans with a clean shape and wide glass area. Tesla says the overall drag coefficient of their semi is 0.36, making it more aerodynamic than a Bugatti Chiron. The interior follows the look of the Model 3 with a minimalistic design and large screens providing key information and controls for various functions. The driver is positioned in the middle to provide a commanding view of the road. Under the sem…
Last reply by smk4565, -
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Today, Telsa pulled the covers off the updated Model S. The biggest change for the Model S is the removal of the front grille. It has been replaced with a similar fascia to the Model X and recently announced Model 3 - front panel and LED headlights. Inside, the Model S gets HEPA air-filtration system first introduced on the Model X as an option. This system according to Tesla is said to remove up to "99.97 percent of particulate exhaust pollution and effectively all allergens, bacteria, and other contaminants from cabin air." Tesla has also swapped the 40-amp onboard charger to a 48-amp one that will reduce recharging times. All of these updates means the Tesl…
Last reply by David, -
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As Model 3s begin to arrive at Tesla dealerships, we are beginning to get some answers to some of the key questions we have. Chief among those questions deal with how the Model 3's touchscreen works. Thanks to some videos that have made their way onto the internet, we have some answers and major concerns. We know that the screen would control many functions of the vehicle, but didn't know the extent. Thanks to the video we now know that most functions are controlled through the screen. Want to change the fan speed? You need to use the touchscreen. Open the trunk? Need to use the touchscreen. If it begins raining and you need to turn on the wipers, you need to use the…
Last reply by oldshurst442, -
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Tesla's stock price is going through the floor. It has lost a significant percentage of its value since September. I suppose it's due to the lower price of oil, which makes switching to electric vehicles less attractive. Would you invest in Tesla stock at the moment? I wouldn't. I think they're seriously over valued due to all the Sillicon Valley fanbois.
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The Model 3 is Tesla's most anticipated vehicle and biggest gamble the company has undertaken. But this gamble has become more risky thanks to a decision concerning the production line. Reuters reports that Tesla is skipping a step most automakers undertake when producing a new vehicle. Prototype tools are bought in on the production line to help determine issues in terms of fit and finish. Once these issues are worked out, the prototype tools are scrapped and automakers place orders for permanent and expensive tools. But Musk told investors last month, Tesla was jumping into the permanent and expensive part first so they can meet their self-imposed volume production…
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Thanks to a poster on the Model 3 Owners Club forum, we have some new and juicy information concerning the Model 3. The images posted come from an infographic being handed out to Tesla employees as "talking points" to try and sway people away from Model 3. A Tesla spokesperson confirmed to Road and Track the infographic is real and accurate. Some information listed on the infographic is already known such as a 215+ mile range and having to pay to use Tesla's Superchargers. There is also new information such as a 0-60 mph time of 5.6 seconds (though it is unclear what is the powertrain layout is being quoted), and a total of 14 cubic feet between the front and rear ca…
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Tesla has been on a roll as of late, and now it can add some more good news to its rather large list of positive press: the Model S earned the highest crash test scores in NHTSA's history. While NHTSA's highest public rating is five stars, the Vehicle Safety Number it gives to manufacturers can go higher, and Tesla says the Model S scored a 5.4. Part of the success lies in the fact that the Model S has no engine up front, allowing more room for the energy absorbing structure. The battery pack, which is nestled in the floor and creates a low center of gravity, lead to NHTSA being unable to roll over the car "via the normal methods, and special means were needed to induce…
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Tesla Model Y Nov 2019 According to a story on Autoblog which talked off the record to auto suppliers, Tesla has asked for quoting on supplying parts for the Tesla Y which will go into production Nov 2019 according to the RFI. Tesla Y story Seems Musk thinks he can produce 500,000 auto's off the building in Fremont California which is currently producing the Tesla S, X and 3. Now he wants to add the Y to this when they struggle to build the 3 in sufficient quantities. This makes me wonder how much business will be stolen by SF motors and their EV CUVs that will be built at an existing Hummer assembly plant they acquired and are currently renovating to …
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For the past couple of years, Tesla has been offering an $8,000 "full self-driving" feature for their Autopilot system. But you couldn't use this feature as Tesla had not yet activated this feature. Basically, you were buying a system that Tesla promised would come online sometime in the near future. But that is not happening as Tesla has pulled the option for the time being. Last night, Tesla CEO Elon Musk tweeted the option has been taken off due to it causing "too much confusion". Since Tesla began offering the option in October 2016, the company has seen a number of top managers and engineers leave the Autopilot program. A number of owners who paid for the $…
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Despite the hoopla and endless praise for Tesla and their vehicles, there are a number of owners who aren't happy with the company. Go on to any Tesla forum and you're bound to fin endless posts from owners of the Model X listing issues from poor paint quality to doors not closing. The Model S is no stranger to problems with batteries failing and the infotainment system freezing. This is a big issue for Tesla as they have been burning cash for the past two years, with a good amount of this cash coming going to repairs and warranty costs. CEO Elon Musk has promised investors to slow down the burn and curtail costs retaining to repairs. With Tesla announcing their resul…
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Tesla Unveils Tesla Semi Truck and Roadster 2.0 Tesla did a full unveiling of their Tesla Semi last night, showing what the Power of Electric Powertrains brings to the Big Rig World. With a center seating position for superior visibility, a Frunk on the truck and two passenger seats behind the driver, you have a Semi that can achieve 0 to 60 in 5 seconds for the Cab versus 15 seconds for a traditional Diesel cab. Under full load of 80,000 lbs, Tesla Semi can go 0 to 60 in 20 seconds compared to a Diesel Semi at almost 40 seconds. The Tesla Semi shows why electrification is the future as the same Diesel truck, 80,000 lbs cannot hold more than 45 MPH on a 5…
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I'd like to introduce you to your new moderator of the Tesla and Fisker forums - Buzz Killington. He's the local sheriff here now.
Last reply by Drew Dowdell, -
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G. David Felt Staff Writer Alternative Energy - CheersandGears.com Industry change is never easy or fast and yet Tesla has introduced their 2 minute fast charge system. From $50 to $80 dollars a robotic system would allow you to pull in after 200 miles and in approximately 90 seconds swap out your depleted battery pack for a fully charged pack beating the average fill time of 4 min for a petrol powered car. See what the news and industry is saying about what Tesla is planning and believes they can make a profit on. CNN Money http://money.cnn.com/2013/06/21/autos/tesla-battery-swap/index.html Daily Mail http://www.dailymail.co.uk/news/article-2346204/Tesla-Motors-in…
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Tesla announced the evening of March 6th 2019 that Version 3.0 of their supercharging network would roll out across the globe and be in place by the end of calendar year 2019. With the growth of the global market and to support a ever growing base of Tesla 3 owners and the upcoming new products, charging needed to get faster to reduce wait times by their customers. As such. V3 Supercharging was born out of Tesla's experience with the world's largest grid connected batteries enabling Tesla to surpass all OEM auto competitors in recharging their electric auto's. V3 Supercharging is a utility scale new architecture product that can delivery a peak rate of 250kW per car …
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On February 28th, Tesla announced that they would be closing most of their retail locations and moving to an online sales model in order to cut costs. In a blog post yesterday, Tesla has reversed course on that position somewhat, and will not only close a portion of their stores. Some of their locations, around 10%, have already closed and Telsa said they would have closed anyway due to low foot traffic. Another 20% of locations are currently under review and depending on performance will be decided on in the next few months. All sales will still remain online only, and customers who come into the stores will be shown how to order their vehicle online. The …
Last reply by Drew Dowdell, -
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By William Maley Staff Writer - CheersandGears.com May 28, 2013 Tesla's CEO Elon Musk is very keen on building a electric vehicle that is cheaper than the Model S and doesn't have many of the drawbacks like the Nissan Leaf. “With the Model S, you have a compelling car that’s too expensive for most people,” he said. “And you have the Leaf, which is cheap, but it’s not great. What the world really needs is a great, affordable electric car. I’m not going to let anything go, no matter what people offer, until I complete that mission,” said Musk during a interview. The new vehicle will have a pricetag under $40,000, have a range of 200 miles, and come out within the next …
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Despite posting $1.1 billion in revenues for the first quarter ($1.6 billion under non generally accepted accounting principles - GAAP), Tesla reported a net loss of $282 million for the quarter. Compared to the last quarter, Tesla made less in revenue, but the loss was slightly less. Tesla credits this to a careful watching of its spending. Tesla notes that its cash on hand - $1.4 billion - "does not include any meaningful cash flow from Model 3 reservations," but a fair chunk of that reservation money was used to repay back a $430 million credit line. This isn't the big news as it lines up with what analysts were expecting. It was Tesla's announcement of moving its …
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PepsiCo has placed a pre-order for 100 of Tesla's recently released Semi-Truck. Wal-Mart, J.B. Hunt, and Sysco have also placed orders. Reuters tallies the total so far at 285 units. Tesla was initially asking for a $5,000 reservation fee, but has since increased that to $20,000. Pepsico plans on using the trucks for lighter snack items and fixed routes between distribution centers. An order of 100 trucks represents about 1% of Pepsi's 10,000 strong fleet. Over 260,000 conventional semi-trucks are produced each year. The Tesla Semi has a promised range of 500 miles with 80,000 lbs at 65 mph. Promised performance increases over a conventional diesel include th…
Last reply by balthazar, -
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Tesla is apparently full of surprises. This morning, the Californian electric automaker announced the Model S 70D which will replace the 60 as the base model. The 70D packs a larger 70-kWh battery pack which increases range from 208 miles to 240. The D in the 70D means this is packing Tesla's dual-motor all-wheel-drive system which provides a total output of 514 horsepower. This increase in power drops 0-60 from 5.9 to 5.2 seconds. Other changes on the 70D include Tesla’s Supercharging DC fast-charger installed and the and the Autopilot semi-autonomous system. As for price, the Model S 70D will start off at $75,000, about $4,000 more than the Model S 60. Source: Tesl…
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G. David Felt Staff Writer Alternative Energy - www.CheersandGears.com Tesla X AWD, 762HP, 155MPH Top Speed The Tesla Forum finally opened up the Model X configurator to all pre-order customers so they could finalize their model X according to the web site www.insideevs.com. So what does the Tesla Model X cost one might ask, first available model is a Model X Signature edition. Base price $132,000. What does this get me you ask? AWD, 762HP, 155MPH top speed, 240 mile Lithium Ion battery pack, 0-60 in 3.8 seconds, quarter mile in 12.3 seconds, seating for 7, though I would say 5 adults and 2 kids based on the pictures. Standard equipment is the Falcon Wind …
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Tesla announced their second quarter results yesterday and the news wasn't great. The electric automaker posted a net loss of $293 million for the quarter. It also looks like Tesla might fall short of delivering 80,000 vehicles goal for this year. The quarter saw Tesla move 14,402 vehicles (9,764 Model S and 4,638 Model Xs). Add in the first quarter deliveries of 11,507 vehicles, and Tesla is very short of meeting this goal. "We are clearly disappointed with our delivery numbers," said Tesla CFO Jason Wheeler. It should be noted that 'almost half' of Q2's deliveries took place within the last four weeks of the quarter. "We were in production hell for the firs…
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G. David Felt Alternative Fuels & Propulsion writer www.CheersandGears.com TESLA PREOWNED SALE http://www.teslamotors.com/models/preowned Received this email today from Tesla for their first PreOwned sale. I was curious to see just how many and what types were available. 256 on their own preowned site and Florida leads the way with 43 listed. More surprising was that while the list was well divided between 2012, 2013 and 2014, the average for mileage was just a little over 10K miles. Then I continued to look and found 94 more tesla's for sale on the tesla motor club web site. 87 listed for sale on CarFax web site. LotPro had 7 listed. Ebay has 40 listed and A…
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In a deal announced late Saturday between Tesla and the Securities and Exchange Commission, Elon Musk will be stepping down as Chairman of Tesla Motors and barred from holding that position for 3 years. Additionally, Musk and Tesla will pay $20 million in fines each. As part of the settlement, Tesla will add two additional board members and more closely monitor Mr. Musk's public communications. Neither Tesla nor Mr. Musk admit wrongdoing as part of this agreement. The settlement comes as a surprise as apparently Musk had rejected a similar deal earlier this week. The settlement stems from a lawsuit filed by the SEC against Musk and Tesla over an A…
Last reply by A Horse With No Name, -
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http://www.businessinsider.com/elon-musk-just-said-sales-are-tanking-in-china--stock-is-down-5-2015-1 They're blaming the low number of chargers apparently. I think it might be more due to the Chinese people's more conservative nature. They know petrol cars work just fine and they stick to them.
Last reply by Drew Dowdell, -
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G. David Felt Staff Writer Alternative Energy - www.CheersandGears.com Tesla Reports First Profit after 12 Quarterly Losses! Surprise, Surprise, Tesla posts a $22 million profit for it's latest quarter. How did Tesla do this? Wall Street Story WSJ reports that Tesla reports the following numbers: Selling pollution tax credits to other auto makers. Gross profit from the credits soared to $139 million from $39 million a year ago. Revenue is up to $2.3 billion from $936.8 million a year earlier. Tesla said it generated free cash flow, repaid $600 million in debt and finished September with $3.1 billion in cash, a decline of $1…
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Tesla Semi starting off with a Bang, Can Tesla Deliver? Tesla in the last week has gone from zero to hero in regards to helping companies that have fleets of semi trucks potentially reduce their carbon footprint. Anheuser-Busch started off with pre-ordering 40 of the Semi's. This was then followed by Sysco ordering 50 themselves. This week we now hear that PepsiCo has placed an order for 100 EV Semi's. Story is all the same, reduce costs of maintenance and fuel plus adding silence into their night / early morning deliveries. Sysco being one of the largest food delivery companies along with Bud's order places it at $13.5 million in semi value. PepsiCo adds…
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It was going to happen sooner or later, but Tesla is taking the state of Michigan to federal court over its ban on direct sales to consumers. According to the suit, Tesla is seeking “to vindicate its rights under the United States Constitution to sell and service its critically-acclaimed, all-electric vehicles at Tesla-owned facilities in the State of Michigan”. This suit comes after the Michigan's Secretary of State office denied Tesla a dealership license earlier in the month. “The license was denied because state law explicitly requires a dealer to have a bona fide contract with an auto manufacturer to sell its vehicles. Tesla has told the department it does …
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Tesla has been fighting tooth and nail to sell their vehicles direct to consumers in the U.S. But six states - Arizona, Connecticut, Michigan, Texas, Utah, and West Virginia - have banned direct sales. Tesla is trying to change this with a combination of new legislation, applying for dealer licenses, and other items. However, Tesla is ready to take this issue to federal court with an interesting legal argument. The Wall Street Journal reports that Tesla's legal staff has been looking into a 2013 federal appeals court ruling in New Orleans dealing with coffins. What?! The case dealt with the St. Joseph Abbey in Louisiana trying to sell monk-made coffins to help allevia…
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Hertz has announced that it will sell off roughly 30%, or 20,000 vehicles, of its EV fleet. The move came after it announced a scale-back from its original goal of electrifying 25% of the rental fleet. Hertz's original goal was to acquire 100,000 Tesla and 65,000 from Polestar over five years. Teslas make up roughly 80% of the Hertz EV fleet. At the time of this writing, there are 631 Teslas for sale on Hertz's website and only 40 EVs from other brands. In a statement, Hertz cited substantially higher than average repair costs "for EVs" with extended wait times for parts availability. Additionally, Hertz reported that manufacturers' new lower retail prices hurt the …
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Last year, Tesla gave the Los Angeles Police Department two Model S P85Ds to evaluate for possible duty as a police vehicle. It seems the LAPD were impressed that they have decided to equip one of the two models to duty as a patrol vehicle. NBC affiliate KNBC in Los Angeles reports that the LAPD is working with Tesla on an agreement to equip one of the Model Ss with the equipment needed for patrol duty - radios, computer, custody cage, and locking shotgun rack. "They will have an active role equipping this vehicle," said Vartan Yegiyan, LAPD's assistant commander of the Administrative Services Bureau - the group that oversees the vehicles of the department. …
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Tesla has finally done it. Over the weekend, the company hit their milestone of producing 5,000 Model 3s in a week only a few hours after the deadline set by CEO Elon Musk - the end of the second quarter. Two Tesla factory workers told Reuters that the 5,000th Model 3 cleared final inspection around 5:00 AM PDT. “We did it!! We either found a way or, by will and inventiveness, created entirely new solutions that were thought impossible. Intense in tents. Transporting entire production lines across the world in massive cargo planes. Whatever. It worked,” said Tesla CEO Elon Musk in an email to employees. “I think we just became a real car company.” Reaching …
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Tesla reported Q3 2018 Earnings on Wednesday with revenue of $6.82 billion and a profit $417 million or $2.90 per share. Tesla's earnings per share widely out-paces analyst estimates of losses of 15 to 19 cents per share. Revenue on automotive production increased 158% year over year with a dramatic increase in sales during the summer of 2018 due to increased sales of the Model 3 sedan. Tesla also cites increased gross margins on the Model S and Model X due to increased efficiencies. The Model 3's margin grew to above 20% while production rate increased and manufacturing costs dropped. Telsa is now moving an average of 4,300 Model 3s off the assembly line per week. …
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Tesla has been fighting in various states to allow for direct sales of their vehicles. The most contentious being the state of Michigan which enacted a law in October 2014 banning automakers from selling vehicles directly to consumers. Tesla has been working hard to try and change the law by offering test drives and education to legislators, to no avail. Even the Federal Trade Commission has called on the state to rethink this law. But Michigan is sticking to its guns. So Tesla decided to do the unexpected, apply for a Michigan dealer license. The Detroit News reports the California electric vehicle builder submitted applications in November to the Michigan Secret…
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So I got my monthly newsletter all about the Latest batch of Updates and I have to say it was very underwhelming and mostly marketing rehash of stuff they already have stated before. Why can they not really deliver something new?
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The tweet that has become Elon Musk's version of Pandora's Box has brought forth a lawsuit from the Securities and Exchange Commission (SEC). Today, the SEC accused Musk of securities fraud when he tweeted that he had the funding secured to take Tesla private back in August. "Musk knew or was reckless in not knowing that each of these statements was false and/or misleading because he did not have an adequate basis in fact for his assertions," the SEC wrote in a complaint filed in Manhattan federal court today. "Musk's false and misleading public statements and omissions caused significant confusion and disruption in the market for Tesla's stock and resulting ha…
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Tesla current owners are wanting change in the state of Texas and especially Elon Musk wants this change to happen as well. Musk became aware of the issue when a local owner posted this on twitter and tagged Elon Musk. According to a beginners guide to the Texas legislature, at the end of the civil war, Texans were rewriting the state constitution and it was made very clear they hated government. The old joke goes that they wanted to have the state legislature meet for 2 days every 140 years. they had to settle for 140 days meeting every two years. As such the state house and senate members get paid their yearly salary, but only work 140 years every two years fo…
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More than 90 percent of Tesla Model S and X models that roll off the assembly line require fixes before they are shipped. This figure comes from nine former and current Tesla employees that spoke to Reuters this week citing data from the company's internal tracking system. At Tesla “so much goes into rework after the car is done ... that’s where their money is being spent,” said a former supervisor. Industry experts say it is critical for an automaker to get the quality right before initial production as repairs waste time and money. Other automakers such as Toyota only have an average of "fewer than 10 percent of their cars" requiring some sort of fix. Som…
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Elon Musk revealed in a series of tweets that the Tesla Model Y compact crossover would be revealed at an event in their LA Design Studio on March 14th. Detailed specs, pricing, and even test rides will be available. Musk says that the Model Y will be about 10% larger than a Tesla Model 3 and expects pricing to be about 10% more. The Model Y will share battery sizes with the Model 3 and because of increased size and weight will get slightly less range. Musk indicated that the Model Y will look a lot like a Model 3 and will not have the falcon wing doors found on the Model X. Last week Tesla announced that the base model $35,000 (before destination charges) versi…
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After a long journey, Tesla has finally revealed the production version of the Model X crossover. Introduced at an event last night at the company's headquarters, CEO Elon Musk made his case as to why you want it. Musk began with safety as he states that the Model X is the first SUV that gets five stars in every crash test category. This is due to no gas engine in the front of the vehicle, and the heavy battery mounted so low in the vehicle which reduces the risk of a rollover. There is also a massive HEPA filter that is claimed to remove allergens, soot/smog, bacteria, and viruses down to just 0.01 microns. There is even a "Bioweapon Defense Mode" to protect occupant…
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Personally, I'm saying "something." I get that Elon Musk is rich, but this gotta get fixed soon, doesn't it? http://m.winnipegsun.com/2015/08/10/tesla-loses-more-than-us4000-on-every-car-sold
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Jalopnik's Story on Tesla Executives Death A twin-engine Cessna piloted by a "high-ranking official at Tesla" crashed into an East Palo Alto neighborhood today killing pilot and two other employees aboard. We don't think it was Elon Musk, but haven't heard back from a Tesla spokesperson.
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By William Maley Staff Writer - CheersandGears.com April 3, 2013 Yesterday, Tesla announced a new, more affordable way to get behind the wheel of a Model S. Its what Tesla calls a "revolutionary new finance product" that combine the "best aspects of car leasing and ownership." How affordable are we talking about? Tesla was throwing a cost of less than $500 per month*. How does this product work? From Tesla's press release, Note a key phase in that quote. "When considering the savings from using electricity instead of gasoline, depreciation benefits and other factors, the true net out of pocket cost to own a mid-range Model S drops to less than $500 per month." In…
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G. David Felt Staff Writer Alternative Energy - www.CheersandGears.com Tesla Model 3 to be Unprofitable per UBS Per the Street insider web site, UBS analyst, Colin Langan is stated as saying for the Tesla 3 to be break even they will need to sell at $50,000 each. Until Li-Ion chemistry costs drop and Tesla can get economy of scale in building auto's, the ability for Tesla to make a profit let alone break even on the Tesla 3 auto is going to be impossible. This story is based on the UBA analyst hosting a call with Jon Bereisa, President and CEO of Auto Lectrification. Jon is a 35 year veteran of GM responsible for the VOLT program as well as the EV1 progra…
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A new year marks the beginning of the reduction of the federal tax credit for Tesla - from $7,500 down to $3,750. To counteract the reductions, Tesla has instituted a $2,000 price cut on all models. Here is how the pricing looks like, Model 3 $45,200, Mid-Range $52,200, Long Range $63,200, Performance Model S $77,200, 75D $95,200, 100D $134,200, P100D Model X $83,200, 75D $98,200, 100D $139,200 P100D This reduction comes on the same day that Tesla announced fourth quarter production numbers. The past f…
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Speaking at the annual shareholders meeting in Mountain View, California, Tesla CEO Elon Musk said the company will begin rolling out their second model, the Model X, in the next three to four months. The model which was first shown in 2012 and was supposed to start production in 2014, has been hit with a number of delays and problems for various aspects. Musk said engineers are working on a number of parts of the Model X including the Falcon Wing doors just right before production models begin rolling off the line. “The Model X will be a better SUV than the Model S is a sedan,” said Musk. Source: Bloomberg View full article
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Here is the MotorTrend Head 2 Head video of the Tesla Model X and Bentley Bentayga. The speed of the Model X is just amazing, as evidenced that it can pull a trailer with an Alfa Romeo 4C on it and still win a drag race vs an Alfa Romeo 4C. https://www.youtube.com/watch?v=ib-02b2ooLY
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After much speculation, it has come to light that Apple did propose to bid on Tesla back in 2013 for $240 a share, higher than the sub-$200 a share Tesla is trading at today, according to CNBC. Analyst Craig Irwin told CNBC that there was a serious bid from Apple and says that multiple credible sources have told him so. Tesla is down more than 46% from its high in August 2018 when CEO Musk tweeted that he had funding secured to take Tesla private at $420 a share via a Saudi Soverign Wealth Fund, but that tweet turned out to be false, Tesla reversed course, and got Musk and Tesla in trouble with the SEC and further cost Musk the Chairmanship of the company. No…
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After seeing its sales slide during the first quarter of this year, Tesla needed to come up with an incentive to help boost sales of the sagging Model-X and Model-S. In that effort, Tesla is returning the offer of free SuperCharging on all Model-S and Model-X sold. The plan was last offered in 2018 and then ended after Elon Musk called the plan unsustainable. Telsa has been making changes to their lineup and pricing almost monthly since the beginning of 2019, so this could be a short term offer or it could stick around longer. Tesla buyers who already purchased their car are out of luck though, the offer only extends to new purchases. View full article
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November 19th, 2013 Drew Dowdell Managing Editor - CheersandGears.com Following three high profile fires, two in the United States and one in Mexico, the National Highway Transportation Safety Administration announced today that the agency has opened a formal probe into the safety or the Tesla Model-S electric car. The investigation centers around "undercarriage strikes" where metal road debris run over by the car pierced the battery compartment and caused a catastrophic runaway reaction resulting in the total loss of the vehicle. In the NHTSA announcement, they point out that in all cases, the vehicle provided ample audio and visual warnings to the driver well befor…
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December 2021 possible customers and existing customers noticed that the production date for the Cybertruck had dropped off the reservation page at Tesla.com. The CEO later sent out on social media that he would have an update in the near future. Seems Reuters.com got the 411 on this info as now per a person familiar with the matter informed Reuters yesterday that production is pushed back to the end of 2022 with initial deliveries to be done at the end of the first quarter of 2023. Tesla as an electric car and suv builder has talked about electric semi-trucks and in 2019 revealed the Tesla Cybertruck to a much-flawed introduction, but a …
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In news that will likely not shock anyone, Michigan's Secretary of State office has official denied Tesla a dealership license to sell vehicles in the state. The ruling issued last week follows a hearing earlier this month to review Michigan's initial motion to deny Tesla's request for a license, submitted last November. “The license was denied because state law explicitly requires a dealer to have a bona fide contract with an auto manufacturer to sell its vehicles. Tesla has told the department it does not have one, and cannot comply with that requirement,” said Michigan Department of State Communications Director Gisgie Dávila Gendreau in an email to The Detroit Ne…
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Tesla tweeted that the Model 3 will go on sale Friday July 7th. While it is claimed to do 0-60 about a half second quicker than it's primary price competition --the Chevy Bolt--, disappointingly it's range is a mere 133 miles vs. the Bolt's 238. All along the range expectation was said to be over 200, many stating they thought it would be over 250. Combined with the lack of options & upgrades on initial launch, it remains to be seen what any rate of order cancellation may occur. Looking forward to first 'journalist' test impressions- no doubt Tesla will be receive massive publicity & coverage when the 3's start becoming available, as per usual. Here's to hop…
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First Video of Tesla 3
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While Tesla is fighting for the right to sell vehicles direct to consumers in many states, the automaker will also be selling the Model S in new and temporary locations. Fortune reports that Tesla will be opening mobile container stores in various locations this summer with the first location being Santa Barbara, CA during the Memorial Day holiday. Why is Tesla doing this? They hope to lure in wealthy customers to a vehicle during their summer vacation. The mobile stores themselves are situated in two shipping containers and takes a few hours to setup. Once setup, the mobile stores look like the standard stores with a neutral gray and bright red paint scheme, alon…
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There is no love lost between Tesla Motors and the former director of Autopilot. Bloomberg reports that the Silicon Valley automaker has sued Sterling Anderson over allegations of stealing confidential information about Autopilot and trying to recruit Tesla employees to his new venture. In the court filing, Tesla says Anderson began work on an autonomous-car venture, Aurora Innovation LLC back in summer when he was head of the Autopilot project. As the director of Autopilot, Anderson would have access to Tesla's semi-autonomous tech. He would leave Tesla in December. Anderson has been collaborating with the former head of Google’s self-driving car project, Chris Urms…
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If you happened to be perusing the Monterey, CA Craigslist this morning, you might have come across an interesting ad. Someone had posted an ad for a Tesla Model 3. The vehicle allegedly has about 2,000 miles on the odometer. Like many of Model 3s currently rolling off the production line, this is the long-range variant with a 310-mile range. Other features include a panoramic glass roof, upgraded sound system, and "Aero" wheels. The price? $150,000. Our favorite part of the ad is the last line; "THIS IS REAL." Red flag anyone? The ad has been taken down since various outlets started reporting on it. There is an interesting reason as to why. If you look at …
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If you are one of the lucky people to order their Tesla Model 3 first, you'll be somewhat disappointed in the number of options available. At Tesla's annual shareholder meeting, CEO Elon Musk said buyers of the first Model 3s will only have two configuration options; colors and wheels. This is an effort to help ramp production of the Model 3 quickly. "You just need to decide what color you want and what size wheels, at least for the initial production," said Musk. Musk went on to say there would be more options for the Model 3, but didn't give a timeframe as to when they would arrive. Also, the Model 3 would only be rear-wheel drive for the time being. An a…
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