Category: Tesla

By on August 17, 2015

flyer1Following a similar effort last month at Tesla’s headquarters, Carpenters’ Local 713 of Hayward, CA, set up a protest on Friday outside  the EV maker’s showroom in nearby San Jose, saying that the automaker’s policies “hurts workers, hurts families, hurts community.”

The protest was not without a bit of theater, including a giant papier-mâché puppet of death. Fliers were handed out saying “Shame on Them” and calling on the company to require “General Contractors and all their sub-contractors pay the Carpenter Area Standard Wages and Benefits on all jobs all the time”.

One assumes this labor dispute has to do with construction that Tesla is doing in California and not about the Gigafactory for making batteries that Tesla is building in Nevada, unless Local 713 is taking up the cause of their union brothers and sisters in the Silver State. The UAW has so far unsuccessfully attempted to organize Tesla’s assembly plant in Fremont, CA, formerly the UAW facility operated by GM and Toyota known as NUMMI. Read More >

By on August 13, 2015

 

Tesla filed Thursday to sell nearly $500 million in shares of its company to raise capital and cover investments the electric carmaker plans to make in the future.

According to the filing with the U.S. Securities and Exchange Commission, the proceeds will go toward the company’s planned investments in the Model 3, Supercharger network and its Gigafactory battery plant in Nevada.

By the book, the stock sale is a short-term pain for long-term gain. Exposing Tesla further to the market carries certain risk, especially considering Tesla’s price growth and relative upside-down balance sheet, but if historical stock prices are any indication, it’ll be a cash cow. Elon Musk asking to buy $20 million in his own stock has pumped up the prices too beyond any distillation worries.

But don’t be mistaken: the second stock sale isn’t really about the cars.

Read More >

By on August 6, 2015

2013-Tesla-Model-S-Rear

Two men say they’ve managed to shut off a Tesla Model S at low speeds, proving that no car is actually safe on the streets anymore and we should all go back to driving Chevrolet Vegas.

The hack, which was reported by the Financial Times and detailed exhaustively by Wired, requires physical access to the car’s infotainment system to exploit the vulnerability. The car can then be remotely disabled.

Similar to hackers who recently said they could start and stop OnStar-enabled vehicles, the two men who broke into Tesla’s software said they presented their findings to the automaker and Tesla released a patch for its cars Thursday. Last month, a vulnerability in Fiat Chrysler Automobiles’ Uconnect system forced the automaker to recall 1.4 million cars.

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By on July 31, 2015

 

Yesterday, we reported that in a sales call, Tesla Motors CEO Elon Musk announced a referral program that could, possibly, maybe net one free Model X for someone who referred 10 new buyers.

The qualifications for getting the free car: Refer 10 buyers by Oct. 31 and be the first in your “region” to do so.

Turns out “region” doesn’t mean what we think it does.

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By on July 30, 2015

 

Tesla Motors CEO Elon Musk told press Wednesday that people who refer 10 people to buy the company’s new Model X would get one for free, Mashable is reporting (via Car and Driver).

The caveats: You need to be the first in your region to refer 10 people (we have no idea on what “regions” mean, we asked) and you’d need to do it by Oct. 31.

Despite how you feel about Tesla, the company is proving that an automaker can be run like a tech startup and not a car company.

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By on July 26, 2015

 

Despite the absence of a mule, prototype or anything that would resemble reality, Tesla’s Model 3  — or III, however you spell it — will make its debut at the Geneva auto show next year, AutoExpress is reporting.

The BMW 3 Series fighter would be the third model from Tesla, and perhaps the first built in a European factory. Representatives from Tesla said they would consider building the Model 3 on the European continent once the automaker started mass producing its three models.

Read More >

By on July 18, 2015

Tesla Model S In Hero Blue

Tesla is yet again updating its Model S range with interesting options on each end of the price scale before the release of the Tesla Model X.

Elon Musk, in a blog post yesterday, announced a new single-motor version of the base model Model S 70 priced at $70,000 — or $52,500 after maximum incentives available in certain states — which is $5,000 less than the all-wheel drive Model S with the same 70 kWh battery pack.

On the other end of the spectrum is a $13,000 (!!!) upgrade to the P85D, pushing Tesla Motors’ top performer to a 0-60 mph time of 2.8 seconds.

Read More >

By on July 15, 2015

Tesla Store

We have opined in these pages before about how for every Tesla sold in America, there are two or three glowing stories written about the electric automaker. There are days when over 50 percent of the pieces on auto industry news feeds are about Tesla, which is not bad for a company capturing 0.1 percent of the U.S. automobile market. Tesla Motors CEO Elon Musk is truly a marketing and public relations genius.

Given that, it is fascinating when a negative story surfaces about Tesla’s way of doing business and the slobbering media is strangely silent.  Read More >

By on July 1, 2015

 

The National Automobile Dealers Association new electric vehicle retention list released last week has a tasty little tidbit in its roundup of value retention rates.

Tesla’s Model S, which topped the 3-year value retention rate list for EVs in the new list, also sported a better value rate for most cars on a similar list released last year for all segments, including mid-size luxury cars. That includes BMW.

But the news may not be all good, all the time.

Read More >

By on May 28, 2015

Tesla Model S

We’ve owned our 2013 P85 Tesla Model S since December, putting maybe 3,000 miles on it, so I thought TTAC readers would appreciate a long-term update.

Overall it’s still the grin-inducing ride that all owners like to be smug about. That said, there have been more than a few unusual experiences. To that end, I thought it would be useful to present this update as a series of individual stories, or vignettes, of the Tesla ownership experience. Read More >

By on March 18, 2015

elon-musk-model-s

His hand may be on a steering wheel now, but Tesla CEO Elon Musk foresees a future where autonomous vehicles lead to a total ban on human intervention.

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By on March 17, 2015

Tesla Harris Ranch California Battery Swap House Entrance

Tesla’s battery swap pilot program in Harris Ranch, Calif. may never leave the pilot phase, thanks to how California handles ZEV credits.

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By on March 10, 2015

tesla-china-charger-620x350

Tesla may be denying delays in the construction of its Gigafactory, but the automaker’s not holding back on firing 200 employees in China due to poor sales.

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By on March 9, 2015

Obligatory XKCD

You’d think that, after all these years, I’d have a tougher skin for people who say stupid things on the Internet. And I’m pretty good about that, but now that I own a Tesla, it strangely gets under my skin when people write ill-informed drivel about the car. Here at TTAC, we’re all about well-informed drivel. It’s a subtle distinction, but we’re proud of it. Anyway, here’s a bit of unfortunately typical writing, found on a random Internet chat board (not TTAC, because the B&B would never stoop to this). All grammar and spelling have been left untouched.

Tesla interior is junk far away from luxury. BMW 335i has better interior design, and 550i in whole different league. Road noise, cheap panels, flimsy speaker grille, seat comfort, ceiling height, sound quality (premium sound!!) all materials that tesla uses belong to 20$K Honda. So rest of money goes into battery price.

Let’s break this down, shall we?

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By on February 19, 2015

NB_23Tesla2.jpg

As Tesla gears up to tackle Texas’ direct-sales ban during the state’s 2015 legislative session, dealers are begging for a shot to sell the automaker’s EVs.

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