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By
Matt Posky on November 2, 2020

Honda Motor Co. will be accompanying Fiat Chrysler Automobiles in pooling its emissions with electric vehicle manufacturer Tesla in an attempt to adhere to CO2 limits mandated by the European Union. For 2020, the average emissions of all vehicles sold within the region must not exceed 95 grams of CO2 per kilometer. Companies failing to comply will be forced to pay the government sizable fines as it readies even higher targets for next year.
Over half of automakers planning to move product inside Europe next year are already assumed to fail however, resulting in a series of rushed hybrid/EV products, the obliteration of the diesel-powered passenger vehicles, and companies desperate to team up with the manufacturers that came in under the regulatory limits.
(Read More…)
By
Matt Posky on October 23, 2020

Tesla is recalling some 30,000 imported Model S and Model X vehicles in China over claimed defects in the suspension. According to China’s State Administration for Market Regulation, cars manufactured between September 2013 and January 2018 suffered from two distinct issues, with some vehicles having both.
But, almost as quickly as the story was brought to our attention, Tesla announced the accusations were baseless and the recall was being forced by the Chinese government. The group that’s being recalled accounts for most of the American-made EVs shipped to China by the brand. Since Tesla started manufacturing in Shanghai in 2020, U.S. exports have slowed to a trickle. The automaker seemed to hint that there may be political reasons behind the decision but stopped short of saying it wouldn’t comply with Chinese regulators.
(Read More…)
By
Matt Posky on October 22, 2020

Tesla continued to prove itself as the electric automaker par excellence by posting its fifth profitable quarter in a row on Wednesday. The California-based (for now) automaker reported a net income of $331 million and a 39 percent improvement in revenue to $8.8 billion.
Of course, a huge amount of that money came via regulatory credits Tesla sold to its rivals. By nature of being an EV manufacturer, the company was able to sell $397 million in environmental absolution while helping its own bottom line. Though third-quarter deliveries were quite strong as automotive revenue jumped 42 percent to $7.6 billion.
(Read More…)
By
Matt Posky on October 6, 2020

Tesla Inc. has reportedly disbanded its U.S. media relations team in the United States, fitting since the only journalists that seem to have any direct contact with the company suffer from a condition where they unquestionably praise its products and business model. While access journalism appears to be on the rise in all industries, the automotive realm was relatively free of the phenomenon until fairly recently. Now its getting to a point where just finding someone in the PR department to respond to you within 48 hours is a minor miracle — and it makes little difference whether you’re one of the big boys or a smaller outfit, like ours.
While Tesla used to be wildly proactive in reaching out to authors, sometimes just to complain about articles, it’s been enacting radio silence for quite some time. Other automakers will at least provide you with a boilerplate corporate response — assuming they haven’t issued one already. But it has been complete static from Tesla for what feels like years, leaving the firm little reason to continue paying people whose sole responsibility was to totally ignore the media.
(Read More…)
By
Matt Posky on May 7, 2020

Reports indicate Tesla has idled production in Shanghai, despite plans for the facility to resume production this week. Workers had been given time off for a five-day break that incorporated China’s International Workers’ Day (May 1st), with production expected to resume on the 6th. However, the facility made the surprise decision to remain closed.
Staff have been informed that the facility will not reopen until May 9th, according to inside sources. While this may lead one to wonder if the factory has found itself at the epicenter of a new coronavirus outbreak, there’s likely another explanation. Local outlets report Giga Shanghai as suffering from part shortages. (Read More…)
By
Matt Posky on January 31, 2020

Tesla’s planned factory in Germany could face major delays if the manufacturer doesn’t start construction within the next two months. Brandenburg’s Economy Minister, Joerg Steinbach, recently told German outlet Handelsblatt that the 300-hectare area in Grünheide Tesla set aside is subject to environmental regulations that prohibit interfering with the local wildlife’s breeding habits.
These twitterpated critters are not to be interfered with if the company hasn’t started building by mid-March.
Until then, it’s fair game. Once crews finish clearing the land (and leftover ordnance from World War II), they can finish scaring away the animals. However, if Tesla can’t get all of that done in a couple of months and start construction on the factory, it will be forced to delay the entire project another nine months. (Read More…)
By
Matt Posky on January 21, 2020

Following confirmation from the National Highway Traffic Safety Administration (NHTSA) that it will look into a petition calling on the agency to formally investigate 500,000 Tesla vehicles over reports of unintended acceleration, the automaker took to the internet to defend itself.
On Monday, Tesla issued a blog post to say the allegations against it are wrong. It believes claims of unintended acceleration are erroneous, pushed by someone hoping to scoop up Tesla shares at a lower price so they can be swiftly flipped.
The short-seller defense is a popular one with CEO Elon Musk. He’s previously called short sellers “value destroyers,” repeatedly suggesting that the practice should be made illegal. But it’s also in his interest to keep Tesla’s stock ludicrously high, which it is. Despite being several times smaller than either General Motors or Ford, Tesla’s market worth has surpassed their combined value. (Read More…)
By
Matt Posky on January 17, 2020

The National Highway Traffic Safety Administration agreed to review a petition requesting the agency formally investigate 500,000 vehicles manufactured by Tesla Motors. The petition cites 127 consumer complaints to NHTSA involving models produced since 2012 and asks the NHTSA look into 500,000 units it believes may need to be recalled.
Many of the complaints involve incidents of unintended acceleration when attempting to park vehicles; others cite events where a vehicle’s advanced driving systems (namely Autopilot) led to erratic behavior or crashes in traffic. On Friday, the agency said it would look into the issue. (Read More…)
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