Following up a record-breaking quarter for deliveries, Tesla is making changes to the models it offers and adjusting pricing to reflect the new lineup. It’s good news if you were looking for a high-end Model S or X, but if you were looking at the base model, you’re in trouble. Read More >
When Elon Musk announced Tesla was developing a new Roadster, he promised us the moon. When released, the car is supposed to yield a 0-to-60 time of just 1.9 seconds and possess an all-electric range over 620 miles, thanks to its sizable, 200-kWh battery pack. As if that wasn’t ambitious enough, he spent last week outlining an optional SpaceX package that includes “cold-air thrusters” that might allow the vehicle to fly.
Then he said he was serious.
As you know, flying cars are bullshit. The closest we’ve come after decades of work are road-going airplanes. But Musk asserted over Twitter that some variants of the Roaster would fly or, at the very least, be able to hover. This has to be a joke, right? Read More >
Are you sitting around waiting for a Tesla Model S or Model X update before spending your hard-earned money on the high-end electric vehicle of your dreams? You might as well just buy now because, according to Elon Musk himself, there is no major refresh or updates coming to either of Tesla’s top-end models. Cue the sad trombone.
In response to a tweet from last night, Musk answered the question as to whether there would be an update on the horizon. “There is no ‘refreshed’ Model X or Model S coming” said the CEO, “only a series of minor ongoing changes.” Musk went on to then say there there might be small updates over time, like integrating the motor from the Model 3 into the S and X, but that just happened recently so there’s nothing in the pipeline. Read More >
During Tesla’s most-recent shareholders meeting, Elon Musk said the company’s pickup should be arriving this fall — adding that we would probably see it near the end of the summer if everything goes according to plan. Apparently disinterested in waiting another two months, robotics enthusiast and self-professed EV fan Simone Giertz decided to fabricate her own using a Tesla Model 3 as a starting point.
Giertz, who runs a YouTube channel focused on quirky building projects, claimed the home-brewed pickup’s relation to the sedan was one of necessity. She only chose the Model 3 because it possessed a steel chassis and was cheaper to risk ruining than a Model S would have been. Read More >
The $35,000 Model 3 is here. Fittingly, perhaps, it’s three years late.
Tesla has promised a $35,000 version of the Model 3 since announcing the car in 2016, but the company focused on more-expensive variants at first to help get the model off the ground without tanking the company in the process. It needed the large profit margins from the higher-priced Model 3 to help the company turn a profit for back-to-back quarters for the first time.
Now you’ll be able to buy multiple versions of a Standard Range trim. The base version of which will be available for $35,000 and have a 130-mph top speed and a range of 220 miles. Zero to sixty should take 5.6 seconds. Read More >
The automaker may have worked out production bugs and finally turned a profit late last year, but 2019 is off to a rocky start for Tesla. In an email to employees Friday, CEO Elon Musk said he’ll thin the company’s full-time ranks by 7 percent, warning of a “very difficult” road ahead.
The news comes hot on the heels of a slew of cost-cutting measures, including the elimination of various trim configurations and this month’s culling of 75D base models — a move that leaves only the top-flight 100D versions of the Model S and X in Tesla’s stable. Thursday brought word of the scrapping of company’s long-running customer referral program, prompting tears in the Tesla-boosting blogosphere.
All of this throws Musk’s promise of a true “people’s car” by this summer into doubt. Read More >
Shortly after General Motors announced its decision to end assembly work at two car-producing U.S. plants, Tesla CEO Elon Musk floated the possibility of a Silicon Valley rescue of either Detroit-Hamtramck or Lordstown Assembly.
Talks between GM and Tesla did occur, it turns out, but GM CEO Mary Barra doesn’t seem to think much of the chances of laid-off employees finding salvation in a Tesla intervention. Read More >
There will be no Ace of Base prizes for the Tesla Model X or Model S in 2019. Just days after promising to cut prices of all its cars by $2,000 in response to the company blowing through its federal tax credits faster than a record producer with a bag of high-test cocaine, the company’s Chief Executive Tweeter has announced the discontinuation of the 75D X and S models.
This is in addition to Tesla cleaving off a number of color and interior trim choices last year. At the time, it was speculated the company was doing so in an effort to streamline production.
So Elon giveth, so Elon taketh away.
During my wayward youth in the Aughts/early this decade, a friend of mine decided it would be funny if he got me involved in a weird little bar game called “icing.” The idea of this game was to order your friend a Smirnoff Ice surreptitiously and/or hide it somewhere, and when he received the drink he must drop to one knee and chug it. There may be other variations to the game, but that’s all I recall.
Like many things that happened culturally during that decade, icing was quite stupid. Stupid as it was, it was also relatively harmless. The “iced” got a free drink out of it, even if it was a terrible vodka drink, and everyone else got a laugh. The late Aughts were such innocent times.
Fast-forward a decade and now there’s a new type of “icing” afoot, though it’s now called “ICE-ing.” It has nothing to do with booze, but it still involves bros.
The calendar reads 2019, meaning new Tesla customers can’t hope to wrangle more than $3,750 in EV tax credits from the feds — a figure that’s half as much as the incentive enjoyed by buyers up until New Year’s Eve. Of course, you may find yourself living in a state that’s happy to hand out some of its own cash. If so, lucky you.
Looking to soak up some of the difference, Tesla announced a price cut on all models Wednesday. Going forward, or at least until CEO Elon Musk decides otherwise, Tesla is shaving $2,000 from sticker prices across the board — including on the current cheapest model, which recently saw a price bump. Read More >
A little over a month ago, we ran the results of our best/worst cars of 2018 poll. At the end of each post, I reflected a bit on the results, but I wanted to dig a bit deeper.
While I had hoped to do this a bit sooner, other work got in the way. So Steph and I decided it would be a good way to close out the year.
Tesla’s nine-member board now numbers eleven, with many shareholders hoping that the addition of two independent directors — a key directive of Tesla’s SEC settlement — helps keep a lid on CEO Elon Musk’s stock-rocking shenanigans.
Whether or not the two new members can actually do this remains to be seen. Musk continued antagonizing the Securities and Exchange Commission even after agreeing to the settlement that saw him removed as chairman, and he insists no one’s vetting his tweets. Speaking of ill-considered tweets, Musk’s lawyers claim the British cave diver suing Musk for defamation should just let it go. Read More >
Having rung the bell on 200,000 electric vehicle deliveries in the U.S., Tesla will enter 2019 without the ability to offer a full $7,500 federal tax credit to would-be buyers. While not nearly as attractive an incentive as the same amount applied to a lower-priced EV, it’s still free public dollars. And it’s better than $3,750.
Twice this past fall, Tesla CEO Elon Musk warned customers they’d need to order by a certain date in order to ensure a delivery date prior to January 1st. After receiving a holiday earful from dutiful customers now facing late deliveries, Musk put on the Santa suit. Read More >
Tesla’s Fremont, California assembly plant once cranked out Pontiac Vibes and Toyota Matrixes under a joint venture between General Motors and Toyota, but could a current GM factory one day give way to Tesla production?
Tesla CEO Elon Musk put that possibility out there during a 60 Minutes interview on the weekend. As one might expect, Musk’s comments were greeted with skepticism. Read More >
If you want a Porsche Taycan EV, you may end up waiting even longer than planned.
Unless you’ve already raised your hand, that is.
Production is a year or more away, but Porsche USA’s top boss is already saying that if all preorders are turned into sales, the car is already sold out for year one. This, despite the company’s CEO saying that production will increase to account for the number of preorders.
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