Category: Tesla

By on October 13, 2015

Police say a photographer with the Reno Gazette-Journal on Oct. 9 trespassed at Tesla’s battery factory in Nevada and struck security guards there with a car.

According to Storey County Chief Deputy Melanie Keener, the photographer, Jose Andrews Barron, was charged with misdemeanor trespassing and two counts of felony battery. He was taken to Storey County Jail and held in lieu of $30,000 bail. It’s unclear if Barron is still at the jail.

In a post on its corporate blog, Tesla said Barron and another newspaper employee climbed over a fence and took pictures of the battery factory. When approached, Barron and the other employee jumped into a car with Reno Gazette-Journal stickers. Barron struck a security guard on his way out and hit another security manager on an ATV. According to the newspaper, the driver’s side window was smashed and a seatbelt was cut in half.  Read More >

By on October 13, 2015

Tesla Model S In Hero Blue

Tesla will begin rolling out its firmware update Thursday to enable some Model S and Model X cars to partially drive themselves, the company’s CEO announced on Twitter.

Tesla’s AutoPilot feature will reportedly steer the car during some highway driving and help parallel park the car. A valet feature that would park and retrieve the car without a driver will reportedly come later. It’s unclear how autonomous the cars will be after Thursday, so we’ll save up the $75,000 and let you know as soon as we can.

Model S cars built after September 2014 will reportedly be eligible for the driver-less updates. Cars without the needed sensors and cameras receive a UI update, according to CEO Elon Musk.

Read More >

By on October 12, 2015

 

A self-professed reformed BMW enthusiast says backlash against Tesla comes from car owners “stuck in the past” who consider grease under their fingernails as a “manliness” status symbol among “nostalgic car weenies.” Basically, military-grade trolling. 

Mike Barnard, a writer at Slate.com, says that the time is coming for internal combustion engine fans to give up the ghost and get with Tesla because:

People who don’t like hybrid race cars and production supercars are saying that they don’t like better all-around performance—they just really only love things with cylinders and pistons, make of that what you will.

Read More >

By on October 6, 2015

Tesla Model X

Morgan Stanley analyst Adam Jonas issued a lower target for Tesla on Wednesday, saying the automaker’s SUV price tag is too hefty for the carmaker to meet its production volume goal for 2016.

Jonas wrote that the $130,000 SUV is just too pricey (via Business Insider):

Even allowing the Model X (average transaction price) to decline over time through the introduction of lower-spec models leaves what we believe to be a higher-priced vehicle than we expected that may struggle to meet the volume expectations of the market and our forecasts.

If you remember correctly, Jonas was the analyst that called for Tesla’s stock to effectively double because he had a good idea for the automaker, which he said was the world’s most important.

Read More >

By on September 30, 2015

press02-model-x-front-three-quarter

Tesla finally rolled out its third model, the Model X last night to loyalists and some media (not us) Tuesday in California.

The SUV’s falcon doors and ludicrously insanely fast 0-60 mph times (3.2 seconds for a car that weighs 5,441 pounds) may get most of the headlines, but the rest of the car’s features and specifications are just as impressive. Tesla says that the batteries in its Model X — which are the same as the Model S — are good for 250 miles. The combined torque for its front and rear engines motors, which produce 259 hp and 503 hp respectively, is more than 700 pound-feet.

And the air filtration system inside may protect you from mustard gas, or something.

Read More >

By on September 29, 2015

elon-musk-model-s

Speaking to Auto Express ahead of Tesla’s first European factory opening, Tesla CEO Elon Musk said internal combustion engines have hit their physical limit for efficiency and that Volkswagen engineers may have resorted to lying out of necessity.

“There must have been lots of VW engineers under pressure — they’ve run into a physical wall of what might be possible so trickery was the only option,” he told the publication. Read More >

By on September 9, 2015

 

In a letter to Model S owners, Tesla CEO Elon Musk said that its referral “experiment” had gone well and that the company would be expanding the program, according to HybridCars.

Owners can refer as many people as they want, and although the “free” Model X cars have likely already been claimed in each of the three sales regions, the top referrer by Oct. 31 can trade in their Model S for a P85D with “ludicrous” speed mode. Referring 10 new buyers now means you can buy a fully loaded “Founder Series” Model X for the price of a base Model X (a $25,000 savings according to the company).

It’ll still probably be ugly for whomever wins at the end.

Read More >

By on September 3, 2015

 

According to the Tesla Motors Club, the referral program that would award one Model X to a lucky loyalist in exchange for referring 10 new Model S buyers may already be over. “Kevin2686” may likely be the North American winner for the free Model X considering he managed to refer 10 new buyers.

Forum members say Kevin2686 spam posted his referral link, and indeed on a CNET news story about the promotion a user named “Tesla2000” offered $1,000 up front and $1,000 later with a link to Kevin2686’s referral code. In Tesla’s relatively vague referral language:

“Please note that we may withhold credits, discounts or other awards where we believe customers are acting in bad faith or otherwise acting contrary to the intent of this program.”

This may not end well.  Read More >

By on September 3, 2015

Tesla Model X

Details on Tesla’s “free” Model X for the first 10 referral buyers have been few since the beginning. First it appeared that the program would be limited by time, then it appeared it would be limited by country, now it appears that it’ll be limited by continent.

The first person to refer ten friends in each sales region— North America, Europe, and the Asia-Pacific — will receive a free Founder Series Model X.

But even more unclear is exactly how Tesla will give its winner their new Model X. Depending on how that happens, there are very few scenarios in which the new Model X owner (with 10 friends wealthy enough to buy new Model S cars) wouldn’t qualify for up to $7,500 back from the feds. Read More >

By on September 3, 2015

 

Tesla’s third production model, its Model X crossover, will start arriving to customers who have already ordered the car September 29, the automaker announced.

Customers for the crossover, which costs $133,000 to $144,000, began ordering options and colors for their cars that include premium sound and “ludicrous speed” modes.

The company announced it would hand over its first few cars to new owners at their headquarters in California.

Read More >

By on September 1, 2015

teaser@2x

Prospective buyers of Tesla’s coming Model X SUV can go online Tuesday and pick out their color and options for their cars, which should be arriving at the end of September, Automotive News is reporting.

The online configurator popped up Monday night for potential buyers and forum users started posting pictures of their cars online. The pictures are the first from the automaker before its official reveal.

The interior pictures detail seating for seven adults and the Model X’s falcon doors that will reportedly sport sensors that keep passengers from getting out hitting the doors on low garages.

Read More >

By on August 31, 2015

 

Wall Street Journal columnist Holman W. Jenkins (great name) slammed Consumer Reports for its glowing review and better-than-perfect score for the Tesla Model S P85D, in part, because the $127,000 car still qualifies for a government tax break.

“Prostitute is not too strong a word,” he wrote. “… (Consumer Reports) is shilling not only for the car but the government policies that subsidize it.”

Jenkins takes aim at the state and federal tax incentives still available for the vehicle — which are going away in many places — and at the magazine for hyping its review so heavily, and subsequently giving it away for free on its subscription-based website. Read More >

By on August 27, 2015

 

Consumer Reports says that Tesla’s Model S P85D initially scored 103 points out of a possible 100, which initially “broke” their rating system.

Consumer Reports adjusted the overall score to 100, and said that the Model S P85D wasn’t perfect, but that it was very good:

To be clear, the Tesla’s 100 score doesn’t make the P85D a perfect car—even at $127,820. It has imperfections. The interior materials aren’t as opulent as other high-ticket automobiles, and its ride is firmer and louder than our base Model S.

What’s more, a lengthy road trip in an electric car with a 200-plus mile range can be a logistical hurdle if a quick-charging station isn’t along your route.

It’s also important to note that our Rating doesn’t include the Tesla’s reliability. The Model S has average reliability, according to our owner-survey responses. Read More >

By on August 20, 2015

 

Tesla’s second stock offering netted the automaker $738 million in cash for its Gigafactory, Model 3 development, and dealer and service upgrades, Bloomberg is reporting.

Banks exercised their options to buy more stock than the initial $500 million estimate, with underwriters Morgan Stanley and Goldman Sachs buying more than 2 million of the available 3.1 million shares. Tesla CEO Elon Musk said he would be interested in buying $20 million worth of shares in the offering.

(Before the stock offering, the banking arms of Morgan Stanley and Goldman Sachs loaned Musk a combined $475 million, to which Musk pays market rate and is separate from their investment divisions, according to the offering.)

Shares of Tesla were down more than 3 percent in Thursday trading to $245. Read More >

By on August 18, 2015

 

Tesla’s ride-sharing business could be worth hundreds of millions to the company in the future, an analyst for Morgan Stanley said Monday.

Adam Jonas increased his price target for Tesla from $280 to $465 — but said the stock could go even higher to $611 — based on his forecast that Tesla could introduce an autonomous ride-sharing service by as early as 2018, Bloomberg reported.

It’s at least the third time that Jonas has publicly pumped Tesla’s stock.

Read More >

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