Tesla
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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 …
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G. David Felt - Staff Writer Alternative Energy - www.cheersandgears.com Tesla's World's Largest Supercharger Station Opens Tesla has been on a fast pace build out of supercharger stations around the world and in fact has two 40 stall supercharger stations under construction in California. Now comes word via a Tesla S owner Jason Man in China that they have opened up the largest Tesla Supercharger Station in Shanghai with 50 stalls, capability to charge 3 megawatts of power per hour. This is located in the Lilacs International Commercial Centre, Pudong district of Shanghai. China has committed to opening 10's of thousands of charging stations over the…
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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 G. David Felt, -
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By William Maley Staff Writer - CheersandGears.com March 11, 2013 Tesla is quietly pushing back the start of production for their next model, the Model X. Originally Tesla said production of the Model X crossover would begin this year, with sales beginning in early 2014. However in a filling with Securities and Exchange Commission, Tesla push back the production date to 2014. "We currently plan to start production of Model X in late 2014. We anticipate that we will make Model X available with 60 kWh and 85 kWh battery pack options, with pricing of each version similar to those of a comparably equipped Model S. We currently intend to target an annual production rate …
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The bad luck is continuing at Tesla. Buzzfeed News reports that Tesla has temporarily shut down the Model 3 production line at the Freemont plant for a week. Employees at Tesla tell Buzzfeed the announcement came suddenly and they have the choice of using vacation days or stay home without pay. Some will get the chance to work in other parts of the plant. A Tesla spokesperson said the shutdown is due to the company wanting to “improve automation.” This is the second time this year that Tesla has shut down the Model 3 production line. Back in late February, reports came out that Tesla had shut down the Model 3 production line. "Our Model 3 production plan includ…
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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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Yesterday afternoon, Tesla CEO Elon Musk tweeted this This sent everyone into a tizzy, wondering if he was being serious or not. In fact, NASDAQ had to halt trading of Tesla for a couple of hours because of this tweet. Thankfully, Tesla posted an email that was sent by Musk to employees explaining why. The key reason comes down wanting to minimize distractions and begin focusing on the long term. "But the reason for doing this is all about creating the environment for Tesla to operate best. As a public company, we are subject to wild swings in our stock price that can be a major distraction for everyone working at Tesla, all of whom are shareholders. Being …
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Tesla will be dropping the Model S 60 and 60 D next month. According to Electrek, Tesla sent out emails to potential buyers last week letting them know that they have until April 16th to place an order for the 60. The 60-kWh version of the Model S was an odd model since it was equipped with a 75kWh battery pack that was limited via software to act like a smaller battery. Tesla offered the ability to unlock the full capacity of the battery for only $9.500. Tesla confirmed this and explained the reason they are dropping the 60 is most buyers tend to go for the battery upgrade and they want to streamline the ordering process. Source: Electrek View full …
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https://www.fool.com/investing/2021/01/30/teslas-profits-are-not-from-selling-cars/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article
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A new report from the Wall Street Journal reports that engineers at Tesla wanted to put more safeguards for Autopilot to keep drivers attentive to the road, but were rejected by executives. This has been concern within Tesla since the launch of Autopilot and only intensified in 2016 when a Model S crashed into a trailer in Florida. The driver was killed and an investigation revealed that Autopilot was on at the time. After the crash, Tesla brought in suppliers to talk about possible ways to keep a driver's attention on the road. Two ideas mentioned in the report included, Tracking the eyes of a driver to make sure they are watching the road. This would use a …
Last reply by G. David Felt, -
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Tesla's CEO Elon Musk teased last week of a new master plan that would be appearing early this week. But like the launch of one of their new vehicles, there was a bit of delay. Last night, the plan was unveiled. If you were hoping for some exciting announcements, then you'll be disappointed with this plan. One of the big parts of 'Master Plan, Part Deux' is to "the major forms of terrestrial transport." What this means is the company is working on developing a compact SUV and a and a "new kind of pickup truck." Musk also says early development work has begun on a Telsa-Semi (Musk's name, not ours) and methods of urban transportation. Musk goes on to talk about dev…
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Gizmodo reports Tesla is being sued by 127 people in Norway cause Insane mode is not insane enough. http://gizmodo.com/telsa-sued-because-insane-mode-not-insane-enough-1786893579 Pretty interesting reading, clearly buying the P85D with insane mode is understandably not as insane as a P90D or P100D. Guess these people have more money than brains.
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Tesla is asking suppliers to refund some of the cash on past work as a way to make the automaker profitable. The Wall Street Journal obtained a memo that was sent to a Tesla supplier last week. The company requested that the supplier return " a meaningful amount of money of its payments since 2016." The memo goes onto say that the request is essential to Tesla's "continued operation" and would "continue the long-term growth between both players." Its unclear how many suppliers received this memo. Tesla's list of suppliers include Magna, Panasonic, and Robert Bosch GmbH. Tesla declined to comment on the memo, but did confirm that it is seeking price cuts fro…
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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…
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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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G. David Felt Staff Writer Alternative Energy - www.CheersandGears.com Musk Throws Fit, Tesla Model S Goes from Good to Acceptable! Tesla claimed they had the safest auto's in the world and this was backed up by their 2013 IIHS testing of the Model S that received all good marks. Since then 4 years have passed and IIHS has upped their crash testing standards and other auto companies have stayed on top of the game to be the best around. As such the lastest 2017 IIHS test showed that the safest auto's this year were the all new Lincoln Continental, Mercedes Benz E-Class and Toyota Avalon. Earning acceptable ratings were Tesla Model S, Chevrolet Impala and F…
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https://twitter.com/rithesh/status/1028437449318576128 https://twitter.com/Benj1Franks/status/1028459288799465473 https://twitter.com/Benj1Franks/status/1028459288799465473/photo/1 1/2 hr, bringing Model 3 home, run in to heavy rain on the streets & bumper comes off https://t.co/mOh2UAjWWr <blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">1/2 hr, bringing Model 3 home, run in to heavy rain on the streets & bumper comes off <a href="https://twitter.com/hashtag/devastated?src=hash&ref_src=twsrc%5Etfw">#devastated</a> <a href="https://twitter.com/Tesla?ref_src=twsrc%5Etfw">…
Last reply by G. David Felt, -
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By William Maley Staff Writer - CheersandGears.com April 2, 2013 Tesla announced some interesting bits of news yesterday. In a press release, the company announced sales of the Model S have exceeded a previous estimate for the first quarter by 250 vehicles. Tesla also said that they're delivering 500 vehicles a week, up from 400 not too long ago. But that wasn't the most interesting bit of news. Further down the release, Tesla announced that they would not be building any of the 40 kWh Model Ss due to small number of orders they got for it (about 4% of total orders). Instead, Tesla will be giving the people who wanted to the 40 kWh model the 60 kWh models with the sa…
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Tesla is trying to stay in the spotlight while they continue working on the Model 3 and also enticing people into one of their vehicles. Their solution to both problems is introducing a new two-year lease option. Electrek reports that Tesla sent out an email announcing the new offer which states the lease deal starts at $593 per month and only is only available for those placing orders til September 12th. "A 2-year lease option is one of our most popular requests. We listened and are launching a limited time test of a 2-year lease on Model S and Model X. Starting at only $593/month, our new 2-year lease program was designed just for you to drive electric today,…
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Lone Star State lawmakers have reined in Tesla's hopes of selling to Texans. Two bills allowing the Palo Alto-based electric carmaker to open Tesla Store's have died in the state legislature, in the face of dealership opposition. Tesla's direct-sales approach has raised the ire of dealership associations nationwide, who worry this jeopardizes their decades-old sales model based on franchise laws. Similar laws are on the books in states such as Michigan, Arizona, West Virginia, and until recently, New Jersey. Tesla founder and CEO Elon Musk reportedly hired up to 20 lobbyists in Texas and made $150,000 in campaign contributions. Despite support from former gove…
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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.
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Tesla and SpaceX Facebook accounts Deleted by Elon Musk Musk Tweets What is Facebook as he has deleted his Tesla and SpaceX accounts. Seems Facebook is not reliable, safe or should even be used anymore. http://money.cnn.com/2018/03/23/technology/elon-musk-facebook/index.html http://www.businessinsider.com/elon-musk-deletes-tesla-spacex-facebook-pages-2018-3 Business insider expands on the story by pointing to 2016 when a SpaceX rocket that was supposed to launch a Facebook Satellite blew up costing Facebook millions. Some interesting reads and challenges. What do you think?
Last reply by G. David Felt, -
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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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Back in 2017, the NHTSA released a report on the safety of Tesla's Autopilot system after the fatal crash of a Tesla owner in 2016. That report claimed that the use of Autopilot, or more precisely the lane-keeping function called Autosteer, reduced crash rates by 40%. In that original crash, the owner repeatedly ignored warnings to resume manual control of the vehicle. Critics questioned whether Autopilot was encouraging drivers to pay less attention to the road. The NHTSA report appeared to put those concerns to rest. Later, when a second driver died in an Autopilot related accident, Tesla CEO Elon Musk pointed to the NHTSA study and the 40% increase in safe…
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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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Tesla only has one assembly plant in Fremont, California. But that could be changing in the near future. Yesterday, Tesla and the and the Shanghai government reached a preliminary deal for a new assembly plant. The automaker expects production in about three year's time, provided they can get the approvals and permits needed. Tesla says the plant could build up to 500,000 vehicles annually. According to Bloomberg, the plant is expected to build the Model 3 sedan and upcoming Model Y crossover. Tesla building a plant in China doesn't come as surprise. The country is the largest market for electric vehicles, and most forecasters believe sales will skyrocket as gov…
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"Tesla has created its own glass technology group, CEO Elon Musk announced this week on a conference call, reports Eletrek. Not only will this special glass be used for solar roof tiles, but it will also have automotive applications. In fact, the first car to receive the new glass will be the Model 3, Musk confirmed. Last week, Tesla announced it would create actual solar roofs (as opposed to solar panels) that are highly durable and can provide power for homes. In a video posted to Twitter, Tesla showed off the strength of its new solar roof glass tiles. But the ultra-strong glass technology will apparently trickle down to the roof or windshield of the Model 3. The …
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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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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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So here's an interesting article, in light of the rising hype over possibly "EV all the trucks!!' https://www.edmunds.com/tesla/model-x/2016/long-term-road-test/2016-tesla-model-x-tow-test-recap.html It's a worth-while, real-world read, and casts some real doubt on the viability of EV haul vehicles. Tester took a Model X, which has a tow rating about 4980 lbs, towing a teeny trailer around California for a 4-day road trip. Near 5000 lbs tow rating is pretty good in all actuality- that will handle most homeowner needs short of large boat or car-hauling. And the impression of the Model X's towing by the tester was very positive, performance-wise: "Right awa…
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Tesla Model 3 Shut Down for a Week! Seems Buzzfeed website just released the news that the Tesla 3 will have a week delay just as it had it's first week of 2,500 production built model 3 done. This is according to the CEO to make adjustments in the software of the automation robots to allow for production to increase to hit their stated 5,000 per week goal. Seems more robots was not better than more humans in building the auto's. The story goes on to say workers will have to use a week of PTO or go unpaid as the line is updated. According to the Story, Musk posted on April 1st that the company had gone out of business and he was wandering Palo Alto drinking…
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With the Tesla Model X coming over the horizon, talk has begun about Tesla's next model, the Model 3. As we have reported previously, the Model 3 will be around the size of a BMW 3-Series, have a total range of 200 miles, and cost somewhere around $35,000. But the Wall Street Journal reports there is more to the Model 3. JB Straubel, Tesla’s chief technical officer said at conference in Washington D.C. this past week that the Model 3 will not only come in sedan, but a crossover when its launched in 2017 (hopefully). Straubel went onto say that Tesla is hard at work on other models - but didn't go into details about what is in the pipeline. Source: Wall Street Jour…
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"On the heels of the rumors we reported yesterday, Tesla has officially announced the refreshed Model S sedan, which now features a revised exterior design that includes a new front fascia that’s similar to the one on the Model X crossover. New headlights have also been added to the Model S to give it a family resemblance to the rest of the Teslalineup. In addition to cosmetic changes, the Tesla Model S also gains the HEPA filtration system from the Model X. according to the automaker, this filter is 100 times more effective than other premium automotive filters, removing all allergens, bacteria, contaminants, and at least 99.97 percent of exhaust pollution. The sta…
Last reply by G. David Felt, -
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The long-hinted entry-level Tesla offering, the Model E could be shown earlier than anyone expected. AutoBild had the chance to interview Tesla's Chief Designer, Franz von Holzhausen. Holzhausen revealed that the Model E could be shown at the 2015 Detroit Auto Show, a full year ahead than what everyone was expecting. Tesla CEO Elon Musk has been hinting at the Model E for awhile, saying that it would be the size of a BMW 3-Series, have a range of 200 Miles, and cost somewhere around $30,000 (after federal EV tax credits). Holzhausen also revealed that work on the Tesla's next model, the seven-seat Model X crossover was coming to close. Source: AutoBild William Maley …
Last reply by regfootball, -
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Before January comes to a close, Tesla has announced some more changes for the Model S and X. Instead of using 100D and P100D to designate models, Tesla will be using the naming system found on the Model 3. This is how it will break down. 100D = Extended Range P100D = Performance P100D with Ludicrous Mode = Performance with Ludicrous Mode There will also be base models known as the Model S and Model X. They'll get the same 100 kW battery as in the extended range models, but range will be locked to 310 Miles (Model S) and 270 miles (Model X). You can pony up $8,000 to gain the extra range (335 for the Model S, 295 for the Model X). Earlier in…
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Yahoo has this great video on consumers reports review of the new Tesla P85D model. https://www.yahoo.com/autos/tesla-model-s-p85d-breaks-the-consumer-reports-127707921452.html Pretty interesting to listen to them, they admit it is not a perfect car, but still blew everything away with a 103 score. Your thoughts?
Last reply by smk4565, -
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I have been following the Tesla X model for a while. I love the way the doors open. And, I love the fact that I would not have to go to the gas station. I want to know what has been the experience of others when it comes to owning the TESLA X
Last reply by FAPTurbo, -
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If there is a trend at Tesla, it's that there's always more to the various stories. Case in point: On Friday night, CEO Elon Musk posted a piece on Tesla's blog saying that plans have been scrapped about taking the company private. "Although the majority of shareholders I spoke to said they would remain with Tesla if we went private, the sentiment, in a nutshell, was ‘please don’t do this,” Musk wrote. But what led him to this decision? Over the weekend, Bloomberg, The New York Times and Wall Street Journal published pieces into Musk's reversal. The short of it comes down to Musk jumped the gun with his announcement earlier this month on Twitter without making s…
Last reply by riviera74, -
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So we start off with two teens getting killed in a Tesla S and police say Speed might be the factor. https://www.usatoday.com/story/tech/2018/05/09/tesla-crash-killed-2-teens-probed-investigators/596728002/ They I like this story as it covers what has gone on under the Bland style since 2012. All the software updates: https://www.greencarreports.com/news/1092515_tesla-model-s-electric-car-software-updates-since-2012
Last reply by G. David Felt, -
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http://money.cnn.com/2017/06/06/technology/business/tesla-model-3-backlog/index.html Musk stated today Model 3 delivery isn't to be expected before "the end of 2018". There goes the production schedules and annual goals stated up until now. Not at all a shock if one has been paying attention to this company's history. What remains to be seen is the degree of people who decide 'enough is enough' and pull their deposits- THREE YEARS is a long damn time to wait for a car to be built.
Last reply by G. David Felt, -
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When Tesla finally revealed the Model 3 a couple weeks, we learned about a number of items such as max range (220 or 310 if you opt for the larger battery), how fast they hit 60 mph, and what will come standard. What wasn't talked about was how big the battery was and power figures. Thanks to some EPA documents, we have some idea on both. InsideEVs found some preliminary documents dealing with the long-range Model 3 and figured out that has an 80.5-kilowatt-hour battery pack - the document says it is a 230 Ah battery pack with 350 V nominal voltage. We should note that CEO Elon Musk has said previously that the Model 3 could not take anything larger than a 75-kWh bat…
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Saturday night at Tesla's Fremont, California assembly plant was a sight to behold. "...packed with people Saturday evening as the last hours of the quarter drew to a close. Red couches and tall white tables were set up outside, a DJ played music and a truck selling Vietnamese food was on hand," Bloomberg reports. Was Tesla was celebrating an important milestone? No, the company was using this to try and motivate their workers to get more Model 3s out the door to provide some good news for investors. The past week could be considered one of the worst for the electric car maker. Moody's downgraded Tesla's credit rating further into junk status due to…
Last reply by Robert Hall, -
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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…
Last reply by G. David Felt, -
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Last week, Tesla announced some new updates for the Model S. The big news was the introduction of the optional 'Ludicrous' acceleration mode. This mode drops 0-60 from 3.1 to 2.8 seconds and can do the quarter-mile in 10.9 seconds. Tesla is able to do this via a new advanced smart fuse for the battery that allows an increase in the maximum amp throughout from 1,300 to 1,500 amps. This option will cost $10,000 for a new Model S P85D. But if you are the current owner of a P85D, you can get the Ludicrous package for $5,000 plus labor for the next six months. Also announced is a new 90-kWh battery pack option which adds 15 Miles to the overall range of the Model S P85…
Last reply by G. David Felt, -
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William Maley Staff Writer - CheersandGears.com August 24, 2013 Its all about the trademarks it seems these days. Case in point, Venture Beat via Reuters reports that Tesla has applied for a trademark with the name ‘Model E’, that refers to “automobiles and structural parts therefore.” The application was filed on August 5th and is currently waiting for approval. This has caused most everyone to go into a frenzy and try to figure out why Tesla wants to trademark 'Model E'. The going theory at the moment is that 'Model E' will be the name of Tesla's next model. The new model will be a competitor to the BMW 3-Series and Mercedes-Benz C-Class. We'll be keeping a close …
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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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Over two years ago, hundreds of thousands of people put down $1,000 deposit to order their very own Tesla Model 3 with the hoping of getting it in 2018. Flash forward to now and a growing number of those have been asking for their money back. Second Measure, a company that analyzes billions of dollars in anonymized credit and debit card purchases to determine various trends said in a post today that 23 percent of reservation-holders have asked for a refund as of April, a noticeable increase from 12 percent last August. Contrast this with only 8 percent of holders that have configured a Model 3 for production. The remaining 69 percent is a mixture of those waiting for…
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There were serious concerns before the beginning of Tesla's annual shareholders meeting mostly due to CEO Elon Musk's erratic behavior over the past month or so. But Musk was on his best behavior during the meeting, where some big announcements were made. On the business front, Tesla shareholders voted to keep Antonio Gracias, James Murdoch, and Kimbal Musk on the board, despite criticisms from a group of shareholders that they aren't fully independent from Musk. There was also the proposal of splitting the chairman and CEO posts held by Musk, with one investor saying it has become difficult for Musk to oversee the company. This motion would be defeated. "At Tes…
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In a staff-wide email sent today, Tesla CEO announced that the company would be laying off nine percent of its staff across the company. The cuts comes as part of "an effort to reduce costs and become profitable.” “Given that Tesla has never made an annual profit in the almost 15 years since we have existed, profit is obviously not what motivates us. What drives us is our mission to accelerate the world’s transition to sustainable, clean energy, but we will never achieve that mission unless we eventually demonstrate that we can be sustainably profitable. That is a valid and fair criticism of Tesla’s history to date,” wrote Musk. The layoffs will not effect worke…
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Pretty clear that the Tesla autopilot works well up to the point it needs your help and then it needs your help faster than you can respond. Good 2 min video showing how this happens. Full story from BBC here: https://www.bbc.com/news/technology-44439523
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Tesla announced yesterday that it will reduce production hours for the Model S and Model X. This follows news of Tesla cutting seven percent of their workforce and dropping 75D variants of the S and X. “We recently announced that we are no longer taking orders for the 75 kWh version of Model S and X in order to streamline production and provide even more differentiation with Model 3. As a result of this change and because of improving efficiencies in our production lines, we have reduced Model S and X production hours accordingly,” Tesla said in a statement to Bloomberg. According to unnamed current and former employees, Tesla has set "substantially lower daily …
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http://www.businessinsider.com/tesla-the-origin-story-2014-10
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Last Tuesday, Tesla CEO Elon Musk tweeted out that he was considering taking the automaker private and had "secured" funding. Since then, the question of who is providing the funding has been left unanswered. Today, Musk wrote up a blog post that provides some insight. The post reveals that Saudi Arabia's Public Investment Fund is responsible for the possible funding of Tesla's move to private. In the last two years, representatives of the fund have met with Musk and discussed possibly taking the company off the market. The most recent meeting was on July 31st, after the fund bought an almost 5 percent stake. "During the meeting, the Managing Director of the fun…
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Recently if you wanted the cheapest version of the Tesla Model S, you had to get the Model S 70 which started at $71,500. But today, Tesla has announced a new low-cost version of the Model S. The new Model S 60 starts at $66,000 (before federal and state incentives) and offers a maximum range of 210 miles. If you're wondering why this sounds somewhat familiar, that is because Tesla offered the Model S 60 up until last year when the 70 took its place. Aside from the lower price, the 60 can be equipped with all-wheel drive (the 60D which starts at $71,000). Interestingly, the Model S 60 doesn't have a 60 kWh battery pack. Instead, it is a 75 kWh battery pack that a…
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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…
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In a surprising move today, three top officials from the Federal Trade Commission have come out against the laws that ban automakers like Tesla from selling their vehicles directly to consumers. Andrew Gavil, director of the FTC's Office of Policy Planning; Deborah Feinstein, director of the Bureau of Competition; and Martin Gaynor, director of the Bureau of Economics wrote in a blog piece on the FTC site that states the dealer franchise laws are a 'bad idea' since it doesn't allow consumers to shop in new ways. "For decades, local laws in many states have required consumers to purchase their cars solely from local, independent auto dealers," the three said in the post.…
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Elon Musk Compensation Update Seems the board is holding Elon Musk to a compensation plan that is all stock for hitting deliverables and taking the company to a $650 Billion value. First stock options kick in at $100 Billion and then every $50 Billion after that. He is not being paid cash or any other awards especially with the slip in Tesla 3 production. 12 year vesting period Stock grants only based on achieving milestones Must stay as CEO or serve at Chairman of the board and Chief product officer. Currently no changes in existing roles. Full Story here
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G. David Felt Staff Writer Alternative Energy - www.CheersandGears.com Tesla first to 100kWh Battery According Tesla today, they are now building the fastest 0-60 sedan in the world, beating out Porsche and Ferrari. Today people can now order the P100D with Ludicrous mode! This allows this 7 passenger sedan 5 adults / 2 kids to hit 60 in 2.5 seconds according to Tesla's own Blog. The Tesla X P100D can hit 60 in 2.9 seconds. The battery is 300 miles in Ludicrous mode and 315 miles in normal mode. Click Here Tesla says all S and X orders not delivered can upgrade to the 100 battery pack for $10,000 and existing S and X can upgrade for $20,0…
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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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Tesla delivers only 220 during the Quarter due to Bottlenecks Tesla says it is on track to deliver 100,000 S & X models by the end of the year and have Model 3 production up to 5000 units per month. Yet with that, they have also stated that due to bottlenecks on the assembly line, they are behind in building and delivering Tesla 3 to the public. I found the comment by another reader on the story of their quarterly report to be very spot on. To quote JSH who posted the following: "It seems that skipping basic steps in the tooling and manufacturing development process didn't pan out. It turns out that automotive manufacturers do know a bit more about ma…
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Over two weeks ago, Tesla CEO Elon Musk took everyone by surprise by announcing his intention to take Tesla private. But those plans have been scrapped. Last night, Musk published a blog post saying that he had met with the board and “let them know that I believe the better path is for Tesla to remain public. The Board indicated that they agree.” "Although the majority of shareholders I spoke to said they would remain with Tesla if we went private, the sentiment, in a nutshell, was ‘please don’t do this,” wrote Musk. In a separate statement, Tesla's board of directors confirmed Musk's decision. "Yesterday, we held a Board meeting, during which Elon rep…
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" We all understand acceleration. It’s the rate of change of velocity. This 4,891-pound Tesla Model S P100D does it best, reaching 30, 40, 50, and 60 mph from a standstill more quickly than any other production vehicle we’ve ever tested, full stop. In our testing, no production car has ever cracked 2.3 seconds from 0 to 60 mph. But Tesla has, in 2.275507139 seconds. The Tesla does not hold the advantage forever, though, because higher speeds give the advantage to horsepower over instant torque. The Ferrari LaFerrari hits 70 mph a tenth of a second quicker; the Porsche 918 and McLaren P1 pull ahead at 80 mph, and these hypercars all continue to pull away at higher spe…
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G. David Felt Staff Writer Alternative Energy - www.CheersandGears.com Should Apple buy Tesla? I came across this story posted in LinkedIn "What if Elon Musk ran Apple?" and this got me to thinking about the pros and cons of if this happened what would Apple become and what would Tesla become? The story states Apple has $200 Billion in cash on hand and could easily pay the current $33 billion market price for Tesla. Story has a mistake as they talk about Tesla $20 billion on the books for the 400,000 Tesla 3 on pre order. This is actually only $13 Billion worth at the $35,000 stated price. Yet they do point out that Elon has built a couple electric auto's…
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Came across this video on how Tesla makes there auto's. Very interesting.
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Last reply by A Horse With No Name, -
The National Transportation Safety Board (NTSB) has issued their preliminary report on the fatal crash involving a Tesla Model S in Autopilot mode and a semi-truck back in May. According to data that was downloaded from the Model S, the vehicle was traveling above the speed limit on the road (74 mph in 65) and that Autopilot was engaged. The speed helps explain how the Model S traveled around 347 feet after making the impact with the trailer - traveling 297 feet before hitting a utility pole, and then going another 50 feet after breaking it. The report doesn't have any analysis of the accident or a possible cause. NTSB says their investigators are still downloadin…
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In their recent shareholder update for 2017, Tesla reported strong Q1 revenues of $2.7 billion dollars, more than doubling performance of the same quarter last year and an improvement of $411m over the final quarter of 2016. However, losses also grew from $282m last year to $330m in 2017, or a per-share loss of $2.04. Tesla reports that most of the loss comes from capital expenditures for the Model-3 development, Gigafactory development, and acquisition related activity surrounding SolarCity. Subtracting SolarCity revenues, Automotive related revenue is reported at $2.289 billion, up 123% year over year. Vehicle margins excluding ZEV credits are at 27.8%. …
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According to electrek web site they were given information it would seem anonymously that is a real change from the gradually constant introduction of updates and new features Tesla is known for in pushing out updates quarterly. It seems for the Q3 2019 Tesla is planning to introduce a new minimalist interior into the S and X models inline with the Tesla 3. A full refresh of the exterior and interior will happen in 2021 as an assumed 2022 model. While the S and X are Tesla's flagship models and will remain so, the company is going to harmonize these interiors to look much like the Tesla 3's interior but with premium materiel's, features and expanded custom colors. …
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Late Thursday afternoon saw a massive bombshell dropped; the SEC sued Elon Musk over securities fraud over his August tweet that he was considering taking Tesla private and having the "Funding secured." But a new report from CNBC said there was a possible settlement between the two where Musk would not have to admit guilt. However, Musk pulled the plug on the deal at the last minute. According to sources, this is what the proposed deal looked like, Tesla and Musk would had to pay a fine Musk would not have to admit guilt or deny culpability Barred Musk as being the chairman for two years Require Tesla to find two new independent directors …
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Everyone seemed to lose their mind when Tesla CEO Elon Musk tweeted out Tuesday that he was considering taking the company private. For a time, the NASDAQ had to halt trading of Tesla stock because of massive fluctuations in the share price. The reasoning behind this move made sense as it would allow the company to focus on the long-term. But this tweet has also brought some unattended problems. Reuters has learned from sources at Tesla that the board of directors is seeking more information from him as to how the buyout will be financed. As we reported yesterday, the board has talked about this idea for some time. But a source reveals that it hasn't gotten either a …
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Tesla News
by ocnblu- 1 reply
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I told you people bad things would happen, but noooo... nobody wanted to believe me.
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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 finds itself without a chairman of the board as Elon Musk has stepped down due to a settlement with Securities and Exchange Commission. A possible replacement for Musk could be James Murdoch, chief executive of 21st Century Fox and a member of Tesla's board according to a report from the Financial Times. The SEC is wanting the next chairperson to be independent and not beholden to Musk. Murdoch is the closest thing as he has more financial independence than another candidate, Antonio Gracias. The FT report says Gracias' venture capital firm, Valor Equity Partners was an early investor into Tesla, though it had sold its shares when Tesla had its IPO. Gracias is …
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The News is abuzz with stories by various sources that Elon Musk needs to be replaced as CEO of Tesla, leaving him as non-executive Chairman of the company. Bob Lutz is now officially on record that for Tesla to survive, the board should replace Musk with Mulally. https://carbuzz.com/news/ex-gm-boss-bob-lutz-thinks-elon-musk-should-step-down-as-tesla-ceo https://www.autoblog.com/2018/08/20/bob-lutz-tesla-elon-musk-ceo/ https://bestsellermagazine.com/news/How-to-fix-Tesla?-Let-Mulally-take-the-wheel https://www.yahoo.com/news/apos-time-tesla-replace-elon-160000937.html https://www.roadandtrack.com/new-cars/car-technology/a22812531/tesla-replace-elo…
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Whoops.
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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…
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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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Gotta love EV owners plates:
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400 fired for Performance at Tesla or so they say. Seems Tesla fired approximately 400 employees from lowly sales associates to upper level executives all for performance. Yet with the bottleneck of production holding back the ability to actually produce and ship Tesla 3, it seems Tesla is more about laying off costs to stem the flow of cash till they can get the Tesla 3 shipping. Seems to me they will miss their production targets this year big time. Tesla Story on web
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Tesla Worst Quarterly Loss & Expected to Grow Short-term Tesla release the following details for their 4th quarter of 2017: Tesla Investor Event & Details 15,200 Model S deliveries 13,230 Model X deliveries 1,550 Model 3 deliveries 2,520 Model S & X in Transit 860 Model 3 in Transit Net Loss $675.4 Million or $4.01 per share from $121.3 million or .78 cents per share a year. Revenue Rose to $3.29 Billion from $2.28 Billion Gross Margin fell to 13.8% from 22.2% below the 15.7% expected by Analysts. Excluding items, the company lost $3.04 per share, Analysts were expecting $3.12 per share. Tesla is now…
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G. David Felt Staff Writer Alternative Energy - www.CheersandGears.com Understanding Tesla View of HP and Torque Most people today understand when a person mentions Horsepower or Torque they relate it to how well a petro powered auto might perform. Faster, stronger, driving machines that compete for your hard earned dollars while giving you an in the gut experience to make one grin from ear to ear or puke depending on your own personal constitution. With today's EV auto's, people are still looking to relate the EV to the horsepower and torque or HP / lb-ft that they are used to and no fully understanding that in the EV world the motors are dealing with Kilowat…
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Hot on the heels of the veiled news that Teslas are going to effectively be $3625 more expensive by the end of 2019 (with the ratcheting down of the EV tax credit once a manufacturer hits 200K units sold), Tesla announced today that they are discontinuing the 'entry level' 75 kw Model S and Model S by this Sunday night. That's a 72 hour notice. What this means --in the case of the Model S for example-- is that the future buyer of that Tesla is staring at an $18,000 price increase.
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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 Hearse, Ultimate Final Ride? A company in the Netherlands has decided to give you the ultimate quiet final ride! A Tesla Hearse! Remetz Car Anyone have time to convert the web site to English and add more details about this interesting offering, go for it. Also found this, a company converting Tesla S into Limo's
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Tesla announced their second-quarter results this afternoon and the picture that it paints is somewhat cloudy. The company reported a loss of $717.5 million for the quarter, marking the seventh consecutive loss, On the upside, Tesla's revenue for the quarter was about $3.4 billion. In terms of production, Tesla said it produced 53,339 vehicles for the quarter. More importantly, the company delivered 18,449 Model 3s in that timeframe. During the earnings call, CEO Elon Musk said the company would become profitable towards the end of this year as it ramps up production and deliveries of the Model 3. "Our goal is to be profitable and cashflow positive in ever…
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Cool Tesla Videos Thread
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Last May, Joshua Brown was killed in a crash when his Tesla Model S in Autopilot collided with a tractor-trailer. After an investigation that took over half of a year, the National Highway Traffic Safety Administration released their findings today. In a report, NHTSA said they didn't find any evidence of defects with the Autopilot system. The agency also stated that they would not ask Tesla to perform a recall on models equipped with Autopilot. In a statement, Tesla said "the safety of our customers comes first, and we appreciate the thoroughness of NHTSA’s report and its conclusion." NHTSA's report revealed that neither Autopilot nor Brown applied…
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... how the Model X came out.
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A well done review from C&D by their contributing editor (former editor-in-chief) Csabe Csere: Saw my third Model S on the streets today, this time in black. It appears they are finally reaching consumers' hands, and I wish them success as they continue with the roll-out. Such a groundbreaking car in many ways.
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https://www.wsj.com/articles/elon-musk-races-to-exit-teslas-production-hell-1530149814 https://www.detroitnews.com/story/business/autos/2018/06/28/elon-musk-calls-ford-morgue-ford-fires-back/741328002/ Seems Elon Musk is up to his habit of deflecting attention on Tesla's lack of profit, inability to deliver 5000 Model 3s a week and has to rely on calling for "like a morgue according to the news. Seems lots of finger pointing by Musk and yet Ford, GM and others have shown the media how they turn out a 1000 auto's a day on their production lines. Ford recently brought the media into one of their plants to show off how they build 1000 trucks / SUVs a day on th…
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Tesla Semi? Tesla teased everyone with this picture of their new City hauling 200-300 mile range Class 8 Semi EV. A reddit user saw this in california in an area known to be used by Tesla to test their EV projects. Is this the Tesla 200-300 mile range EV Class 8 Semi that is promised to be unveiled Oct 26 2017? Autoblog Video Is this the future of Silent delivery in our cities? autoblog story
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Tesla Wagon production has begun in UK. Start with a Model S P90 and deconstruct the rear, add a carbon fiber rear addition and lift gate and you have the Tesla Wagon that went from a 26.3 cubic feet of interior space to an SUV-like 33.7 cubic feet, that is 7.4 additional cubic feet of space. This enhanced Wagon added a total of 26 pounds to the finished weight and is still faster than the Mercedes-benz AMG E63 wagon. This whole project came about by a guy who got his Tesla S and then realized his Four legged friends could not be in the far back comfortably. What you end up with is a new company called QWESTNORFOLK and they are now taking real orders for p…
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GM Exec calls Musk full of Crap! Seems Musk stating his auto's are level 5 capable of self driving is now being called full of crap by GM Exec that says without Lidar, there is no way Tesla system can be Level 5 full autonomous driving. It cannot see in the black of Night nor the difference of a snow covered road. Clearly many use cases that show Tesla to not be a Level 5 autonomous driving auto. Interesting read at Autoblog. https://www.autoblog.com/2017/10/16/gm-exec-calls-elon-musk-full-of-crap-autonomy-claims/
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Hits Keep Coming for Tesla 3 Edmunds two years ago put down a $1,000 deposit for the Tesla 3 and bought a $56,000 configured Tesla 3. This car to date has only been able to rack up 5,257 miles in 4 months due a very long list of problems and multiple service calls for what many call cutting edge EV. The goal was to rack up at least 1,700 miles a month in the Tesla 3, so 6,800 miles in 4 months yet the EV is sidelined again awaiting a service call. Edmunds has confirmed that the Tesla 3 met and at other times surpassed the EPA rating for the car. The list of issues is so long that they have a google doc to just keep track of them all. Most common issues is the a…
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Found a good read on how Tesla is improving their Tesla 3 battery pack with the use of High Strength Steel in the car to protect a less protected battery pack. Interesting is the floppy battery cover they remove and they reduced weight by building the AC and DC to DC converters into the battery pack making it more efficient and less complex modules located around the auto. https://insideevs.com/what-makes-the-tesla-model-3-battery-pack-so-light/ https://insideevs.com/watch-as-tesla-model-3-battery-is-removed-and-disassembled/ Also interesting read on how Panasonic / Tesla are reducing their Cobalt needs heading towards zero cobalt. …
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G. David Felt Staff Writer Alternative Energy - www.CheersandGears.com Tesla Ends Free Charging Jan 1st 2017 Tesla has announced the end of their free supercharging for all new auto's starting January 1st 2017. CNBC has reported that Tesla has informed them that all auto's sold starting Jan 1st 2017 will only come with a free yearly use of 400KWh or equal to about 1000 miles of driving. After this users of their Supercharging stations will have to pay local electrical rate fee's up to a certain point. This is to allow Tesla to grow their north american network from the current 734 stations with 4600 superchargers. Their superchargers charge a 170 mi…
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Tesla End of Year Updates Letter Seems Tesla is looking to simplify their product portfolio, Effective immediately all Model S and X now come standard with Dual Motors. they are also pushing solar options, trying to grab money in reservations for the new roadster and offering Free Supercharging with 5 year extended warranty.
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https://www.nytimes.com/2018/11/08/business/tesla-new-chairwoman-elon-musk.html NY times is the first one to report this, but seems others have also already. https://www.tesla.com/blog/announcing-robyn-denholm Robyn Denholm, Tesla’s new chairwoman, has an extensive background in technology. https://www.washingtonpost.com/business/tesla-says-robyn-denholm-of-telstra-to-be-new-board-chair/2018/11/08/46a13b4a-e32e-11e8-ba30-a7ded04d8fac_story.html?noredirect=on&utm_term=.5cc3cebe4e57 https://www.businessinsider.com/tesla-board-of-directors-full-list-elon-musk-chairman-replacement-2018-8 http://www.laht.com/article.asp?ArticleId=24…
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Tesla cuts Tesla 3 parts delivery 40% starting in December 2017. According to a story that has broke on another site, it would appear that instead of taking delivery of enough parts per week to build 5,000 Tesla 3 cars per week in December, Tesla has cut that rate by 40% which indicates 3,000 per week by the end of Dec. This also has a ripple affect as it pushes out their delivery of reaching 10,000 Tesla 3 cars per week in the early part of 2018. They story goes on to say that Tesla will not start taking delivery of parts in 10,000 lot shipments till May or June at the earliest. This would indicate that If they are only building about 3,000 a week in the first half …
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https://www.engadget.com/2018/09/16/tesla-ends-lifetime-free-supercharging-offer/?yptr=yahoo Tesla's offer of free, unlimited Supercharger access was supposed to have ended in early 2017, but it's been on a form of life support since then. Unless you were buying a regular Model 3, you could get the no-cost charging by ordering your EV with a referral code from an existing owner. Now, however, even that exception is coming to an end. Elon Musk has pointed out that the referral program is about to end. After September 16th, owners will only get to hand out $100 in Supercharging credit to Model S, Model X and Model 3 Performance buyers -- just enough f…
Last reply by balthazar,
