Tesla
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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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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…
Last reply by balthazar, -
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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 …
Last reply by David, -
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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…
Last reply by balthazar, -
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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…
Last reply by oldshurst442, -
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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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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…
Last reply by El Kabong, -
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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…
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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…
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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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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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 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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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…
Last reply by Intrepidation, -
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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 …
Last reply by David, -
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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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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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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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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…
Last reply by ocnblu, -
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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…
Last reply by David, -
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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…
Last reply by balthazar, -
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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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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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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 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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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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.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…
Last reply by David, -
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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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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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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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G. David Felt Staff Writer Alternative Energy - www.CheersandGears.com Tesla / Solarcity merger, Brilliant or Disaster? Tesla announced their intent to buy SolarCity and some screamed the sky is falling. Tesla moves forward with offering a complete home solution of Solar panels, battery bank and 220V charging for your Tesla and believes they have the future tied up in a single one stop shopping solution that beats all the other Auto OEMS. The merger final vote by Solarcity shareholders is scheduled for Nov 17th 2016. Yet with this deal not done yet, there are many that have divided into two camps, those that think this is brilliant such a…
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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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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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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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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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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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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…
Last reply by ocnblu, -
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In case you lost count; we're in the 4th month.
Last reply by David, -
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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.
Last reply by dariel2323, -
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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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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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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…
Last reply by smk4565, -
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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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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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An intrepid Redditor has snapped a photo of Tesla's Model X with its rear falcon wing door open, proof that engineers have cleared a major engineering hurdle. The poster, likely a contract engineer, shared his photo on the Reddit's r/spotted 'subreddit.' The account was deleted shortly after but the image remains. This news will allay fears that the Model X's ambitious rear doors would not see production. The 'falcon wing' door system is believed to have contributed to the crossover vehicle's delays, with engineers unsatisfied with the seal between the door and body. In a later comment, the poster added "The interior is beautiful and the power is comparable to the…
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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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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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http://www.autoblog.com/2016/03/21/dont-buy-used-2014-bmw-i3-consumer-reports/
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It is interesting that Tesla is now in the midst of trying to get the states and tax payers to pay or heavily subsidies the creation of a plant that would make the batteries in the US from North America Sources raw materials. Full story on how California is working to try and keep Tesla and Musk in the state while Arizona, Nevada, New Mexico and even Texas are all considered sites for the battery plant and the estimated 6500 jobs it would create as the push is on to build 500,000 batteries and cars within 3 years or about 2017 or 2018 depending on when the ground breaks. Thoughts? http://www.sacbee.com/2014/04/20/6336181/dan-morain-california-could-be.html Interesting…
Last reply by A Horse With No Name, -
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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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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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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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The Tesla Model 3 nearly broke into the top 10 best selling vehicles in Europe for September 2019, missing the mark by just 217 units. Overall, sales growth in the EU is strong with 14 markets reporting positive numbers. Germany came in at 9.1 percent and Italy came in at 6.5 percent. Battery electric vehicles were up sharply, increasing 119 percent, of which Tesla controlled nearly 50% of that number. Total Tesla registrations were 19,500 out of the 40,700 BEVs registered. That put the Tesla Model 3 as the best selling BEV in Europe. For September, the Volkwagen Golf was the best selling vehicle in Europe with 32,398 units registered. Tesla shares jumped…
Last reply by Robert Hall, -
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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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It was only eight weeks ago when Tesla finally announced that the $35,000 Model 3 would be available to order. This news caused the internet to go crazy on this news as it would become the most affordable model in Tesla's lineup. But late this week, the Californian automaker made some changes to the Model 3 ordering process to "simplify vehicle choices and make Autopilot more affordable." On Thursday, Tesla said in a blog post that the $35,000 Model 3 - known as the Standard Range - would not be available to order online. If you want one, then you need to either find Tesla store that is still open or call the company directly. Why is this happening? (Author's…
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Came across this video on how Tesla makes there auto's. Very interesting.
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…
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Whoops.
Last reply by David, -
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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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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 …
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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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William Maley Editor/Reporter - CheersandGears.com December 20, 2011 Tesla has released pricing and specifications of their upcoming Model S and it looks pretty good if the company can meet them. The Model S' pricing is broken down by battery capacity and the range, with the 40-kWh battery pack model starting at $57,400, the 60-kWh battery pack model starting at $67,400, and the 85-kWh battery pack model starting at $77,400. There will also be a performance model which will use the 85-kWh battery pack starting at $87,400. Specifications of the batteries has been released, with the 40-kWh model delivering 160-mile range, a top speed of 110 miles per hour and a 100,000…
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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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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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Following a dismal fall in sales in the previous two quarters, Tesla has sacked several dozen employees in stores in Chicago, New York, and Tampa last week according to a report in Bloomberg. These cuts are the latest in a series of cuts to Tesla's retail staff that Tesla had announced earlier in the year. At first, Tesla had announced it would close most of its retail locations and moving to an entirely online retail model. They later changed course and dialed back the reductions with the caveat that some locations would still be closing. Tesla then raised the prices on the more expensive Model 3 trims Most of the cuts came from staff who hold the position of Ins…
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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…
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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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Over the weekend, Tesla CEO Elon Musk commented on Model Y production. Originally thought to be slated for production at Tesla's Gigafactory in Nevada, Tesla appears to have changed course. Reported by Bloomberg, Musk said "Right now our default plan is to produce the Y at Fremont." during an interview on the "Ride the Lightning" podcast. "I was skeptical about whether this made sense at first, but my team convinced me the fastest way to get volume production is to do the Y at Fremont." In order to free up space in the factory, Tesla plans to move Model S and Model X to a single line, according to current and former employees. Both models have seen sales tumbl…
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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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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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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 $…
Last reply by balthazar, -
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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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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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Maxwell Technologies has announced their definitive merger agreement with Tesla, Inc. This is a $218 million dollar all-stock deal which put a value of $4.75 per share on the Maxwell common stock. To quote the news announcement from Maxwell; Tesla CEO Elon Musk is on record saying that ultracapacitors could provide a more likely bet for a breakthrough in energy storage than batteries. Maxwell Ultracapacitors can hold up to 300 watt-hours of electricity per kilogram. This represents 20% more storage than Tesla's largest battery cell pack. Maxwell is also on record saying that their Ultracapacitors have the potential to store more than double the energy by mass ver…
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According to sources familiar with Tesla software, Tesla is preparing to update the Model S and Model X with new, more efficient motors. Recent software updates have appeared that make reference to the new motors. The new motors with the codename "Raven", are permanent magnet reluctance motors as found in the Model 3. These motors have the benefit of pre-excitation from the magnets giving them an efficiency advantage. They also work to reduce the overall costs of the vehicle. In the Model 3, the motors can achieve an efficiency rating higher than 97% compared to 93% on the Model S/X. The difference in efficiency is even more marked in stop and go traffic where t…
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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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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…
Last reply by A Horse With No Name, -
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We reported earlier in April that Tesla was preparing more efficient versions of their Model S and Model X. Yesterday Tesla announced improvements to the Model S and Model X Long Range models that will increase range to 370 miles and 325 miles respectively, based on EPA testing cycle. The vehicles will still use the same 100 kWh battery pack. Unfortunately, customers will only get this upgrade when they purchase a new vehicle. The upgrade changes the drive hardware to the latest version of Tesla's motor technology. Now using a permanent magnet synchronous reluctance motor, silicon carbide power electronics, improved lubrication, cooling, bearings, and gear desig…
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Tesla is seeking to raise nearly $2.7 billion to add to its sagging balance sheet according to a filling. It would offer 3.5 million shares priced at $243 per share and a $1.6 billion convertible debt. Elon Musk will be buying $25 million in shares and currently owns around a 20 percent stake in the company. Wall Street seemed to find this capital raise promising as it boosted shares 1.5% before the opening bell. Analysts were calculating that Tesla, which burned $1.5 billion in Q1-2019 alone, would not have enough cash to continue working on its Model Y crossover and the new Tesla Semi-truck, and also getting production rolling in China. In the backdrop of a…
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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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Tesla posted a $722M loss for the first quarter of 2019, higher than analysts expectations. This was a swing from a 4th quarter 2018 profit of $139.5M. Cash on hand is $1.5B lower than end of 2018, now $2.2B, partially due to a one time payment of $920M in convertible bonds that came due. Tesla says that is built 63,000 model 3s in the first quarter gearing up for overseas sales, though only 12,100 of those vehicle were delivered. Tesla is maintaining its projections of 360,000 to 400,000 vehicles total for the year. Tesla recently announced updates to its Model S and Model X vehicles that allow them to travel further on a single charge and also charge up to …
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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…
Last reply by riviera74, -
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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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Tesla's Model S may have taken the world by storm, but one Atlanta woman's vehicle was taken out by a storm. Sarah Day was charging her Model S at a Supercharger near Columbus, Georgia, when a lightning bolt struck nearby. Once Day realized her dash camera stopped working, Day realized something went wrong. She explained what happened next in an interview with Teslarati: Though Tesla sent a tow-truck, the Model S was unable to be disconnected from the charging station. The sunroof was also stuck halfway. Thus Day's vehicle had to be left at the station, until a technician could service the vehicle onsite. Sarah's day wasn't entirely rained out. She rave…
Last reply by Intrepidation, -
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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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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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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?
Last reply by hyperv6, -
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...in average insurance coverage costs in 49 States, according to nerd wallet (it's the 2nd highest in NY State). And interesting contrast to Elon Musk's statement that insuring a Tesla "should be 20% cheaper than average". Louisiana has the highest average insurance bill for the Model 3, at $3436 / yr. Insanely expensive... funny how I've never read about extravagant insurance costs in a single Tesla review. Seems to be yet one more associated cost that gets swept under the rug (along with charging & maintenance costs). I'm kind of surprised this far into the Tesla story that this has slipped under the radar. As these hidden costs gets more & more exposure, …
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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…
Last reply by David, -
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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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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 …
Last reply by ocnblu, -
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I was reading that the Tesla can go a little over 300 miles on a single charge. I looked at the Tesla map for charging stations in the DFW area in Texas and there are not as many as I would like to see. I did see that you can purchase a portable charger. I wanted to know if people have experience using that.
Last reply by Drew Dowdell, -
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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
Last reply by balthazar, -
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Last Tuesday, Tesla CEO Elon Musk tweeted that the company would produce "around 500,00" cars in 2019, a large increase over the goal of 400k vehicles the company previously forecast in January. Musk later corrected himself and said that is meant "annualized production rate at the end of 2019 probably around 500k". The problem with this tweet is that back in October, Tesla and Musk had entered into a settlement with the SEC that Musk's public statements regarding Tesla production, finances, and other such matters would be reviewed by the company's board of directors before they were posted. The settlement stems from a fraud case where Musk tweeted that "funding has …
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 …
Last reply by Drew Dowdell, -
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Interesting article on Jalopnik and video from Engineering Explained. Jason Fenske compared his Model 3 with comparable ICE car Giulia Quadrifoglio. Jalopnik "According to Jason’s rough, conservative calculations, not taking into account various possible driving conditions and driving styles, you would save about $1,400 per year driving the Model 3 Performance. The EPA estimates that annual fuel costs would be $550 for the Model 3 Performance and $2,250 for the Giulia Quadrifoglio, which would be a difference of about $1,600 annually."
Last reply by David,
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