Tesla’s massive South Australia battery installation recently received some harsh words from LNP senator and Minister for Resources Matt Canavan, who likened the massive Powerpack system to reality TV star Kim Kardashian. According to Canavan, Tesla’s battery is not very useful at… Read more ›
Feelings about Tesla CEO Elon Musk have always run hot, and lately his company has come in for some withering criticism over (among other things) the working conditions at its factories and its inflated stock valuation. Putting all that aside, though, even his grumpiest critics… Read more ›
One of the largest German banks, Nord/LB initiated coverage of Tesla not only with a sell rating, but with jabs at CEO Elon Musk. “You have to ask yourself what will happen first: that Elon Musk will fly to Mars… Read more ›
(Bloomberg) — After rushing to get a Tesla Motors Inc. Model S, Shanghai resident Sunny Zhang is suffering from buyer’s remorse. Zhang ordered the car last April and received it in September. Echoing complaints from other Chinese Tesla owners, he… Read more ›
Panasonic will invest “tens of billions of yen” — hundreds of millions of dollars — in Tesla’s Nevada gigafactory, according to a statement made by Panasonic’s CEO at a trade show in Japan. The gigafactory will produce lithium-ion batteries for… Read more ›
What is Elon Musk tweeting about, project D? What is D? Who has a D and who wants a D? I do! It’s the Dashboard, with a capital D. And it’s gonna be an iPhone / iOS device. Yes, the… Read more ›
Shares of Tesla Motors Inc. rose 4.3% at the open Thursday, hours after a cryptic hinted at a new product or project, the “D”, to be revealed on Oct. 9. Musk offered no further explanation on what the “D” might be.… Read more ›
Last month Tesla shut down its assembly line for three weeks in order to retool for expanded production of the Model S and the impending debut of the Model X. It’s a good thing too, because according to Street Insider,… Read more ›
When Tesla CEO Elon Musk announced his company’s $5 billion “Gigafactory” near Reno, Nevada, last month, he promised that the massive facility would help the electric carmaker bring down battery-cell costs and continue to transform the automobile industry. But a… Read more ›
Tesla Motors Inc. Chief Executive Officer Elon Musk said the technology to make a fully autonomous car will be ready in five or six years, and the result will be vehicles far less likely to harm occupants and others on the road. “They… Read more ›
From a Tesla press release: In June, we broke ground just outside Reno, Nevada on a site that could potentially be the location for the gigafactory. Consistent with our strategy to identify and break ground on multiple sites, we continue… Read more ›
While the least expensive version of the Model S luxury four-door has recently become available on the Chinese market, it seems Elon Musk’s plans are far from being over in his green Asian adventure. Recently, Beijing’s first Tesla supercharger station turned operational.… Read more ›
At Tesla’s annual shareholders’ meeting CEO Elon Musk covered a great deal of topics important to those following the electric car company, and his answers were reassuring as usual and hinted at a few twists to look forward to. The… Read more ›
As demand for electric cars grows, supply of batteries must grow to meet it. That much is obvious. But just how much is battery demand expected to grow by over the coming years? According to an Electric Vehicle Batteries report by Navigant Research, existing capacity… Read more ›
TRENTON, N.J. (AP) — Electric-car company Tesla Motors might stay plugged in in New Jersey. An Assembly committee on Thursday is scheduled to consider a bill that would allow electric car manufacturers to sell vehicles directly to residents. The companies… Read more ›
Is there anything that the Tesla Model S isn’t best at? From consumer safety to performance to comfort, the Model S is practically in a league of its own. Turns out Tesla Model S aerodynamics are also much better than you might expect from… Read more ›
Tesla Motors said Tuesday is inching closer to a decision on the Southwest states that will get to break ground on its $5 billion gigafactory, which will produce enough battery packs by 2020 to supply 500,000 vehicles. At the company’s… Read more ›
Tesla’s CEO isn’t going anywhere anytime soon, there are “gigafactory” delays and, oh yeah, Ford Motor Company killed “SEX.” Those were three takeaways from Elon Musk’s Q&A session at the company’s annual shareholder meeting in Mountain View, Calif., Tuesday. Tesla’s stock… Read more ›
Tesla CEO Elon Musk, in expressing surprise other automakers haven’t made big commitments to electric cars, said Tuesday he’s thinking of doing something “fairly controversial” regarding the company’s patents. He didn’t elaborate, but says it’s a decision he would have… Read more ›
Tesla Motors (NASDAQ:TSLA) was among companies featured in a new market research report that predicts sales of hybrid cars and electric cars will triple in the next 10 years. By 2024, global sales of such vehicles will reach nearly $179 billion,… Read more ›
Late last month, Toyota handed California some bad news: The world’s largest automaker would be moving its American sales headquarters from Torrance, in Los Angeles County, to the suburbs of Dallas, and is taking around 2,000 workers with them. The move… Read more ›
The auto industry’s love affair with weight-saving aluminum is just warming up. In the pipeline is a growing list of vehicles with all-aluminum bodies or with more aluminum body panels, such as doors, roofs and trunks. Ford, for instance, in… Read more ›
Summary Developing a solid service center and Supercharger infrastructure in China is Tesla’s largest revenue opportunity. Tesla’s growth depends on acceptance of its direct-to-consumer sales model. North American legal battles dampen Tesla’s full potential. An innovative business model, trendy product… Read more ›
There are many reasons for Tesla to pursue a radical supply chain strategy in developing new, localized sources of supply for the giant battery facility that it is planning on building. I covered some of the basics on the strategy… Read more ›
Tesla Motors Inc.’s planned gigafactory battery plant is not just the biggest project that founder Elon Musk has ever attempted. It’s also not just the largest manufacturing project planned in the U.S. right now. It’s a historically massive undertaking that could… Read more ›
Expensive and range threatened pure electric vehicles have failed to meet sales targets, and over-ambitions global projections will have to be scaled back, investment bank Morgan Stanley MS +2.07% said in a report. Traditional internal combustion engines will take up the slack for a while yet,… Read more ›
Tesla Motors is loved by auto critics, customers and investors. But it got a rare negative review when Standard & Poor’s rated its debt as junk bonds. S&P said late Tuesday that the electric car company’s $2.2 billion in debt,… Read more ›
Tesla has opened its 100th Supercharger, adding to its network of free recharging points for the Model S, with the end goal of creating a huge infrastructure for electric cars to roam without range-anxiety. The latest milestone means Tesla now has 86 Superchargers… Read more ›
During a speech at the 5th Annual Energy Storage Symposium, Tesla’s Chief Technology Officer JB Straubel gave a keynote speech that was very revealing about how Tesla sees itself and where it sees opportunities in the future. Elon Musk has always… Read more ›
The Tesla Model S is an amazing, cutting-edge electric vehicle, and for some people the only problem is that it has two doors too many. Newport Convertible Engineering, the company building 100 Tesla Model S convertibles for an unnamed Chinese investor, is… Read more ›
While California-based electric automaker Tesla initially only selected four states on its proposed locations for the battery factory, the home state now seeks to enter the competition. Tesla Motors nominated earlier this year for its $5 billion plus Li-Ion battery… Read more ›
In a note published earlier this month, Morgan Stanley (MS) analyst Adam Jonas reiterated his Overweight rating on Tesla Motors Inc. (TSLA), once again brushing off concerns and criticism from Tesla naysayers. The note predicts that Tesla will overtake other car manufacturers in… Read more ›
PHOENIX — Tesla Motors is continuing to reduce the “range anxiety” of its customers with a new supercharging station in Arizona.The company announced last week it has opened a charging station on West Pima Street in Gila Bend that gives… Read more ›
Tesla Motors is now the largest auto-industry employer in California — employing more than 6000 people within the state, with a further 500 jobs expected to be added to that figure before the end of 2014. That’s an impressive feat… Read more ›
Commuters using public transport in the Norwegian capital Oslo are quickly losing patience with electric car drivers, undermining the city’s reputation as utopia for electromobility. Generous incentives for electric car buyers have seen a boom in sales of the Nissan LEAF and… Read more ›
By Reuters – Panasonic Corp. (TOKYO:6752) said it expected to become the sole manufacturer in Tesla Motors Inc’s (NASDAQ:TSLA) planned multibillion-dollar U.S. battery factory, firming up its commitment to the electric car maker’s project. Panasonic Aims To Be Sole Producer In Tesla’s Multibillion-Dollar Factory… Read more ›
There has long been a feeling around, shared by your correspondent, that the graphite space was becoming seriously overpopulated, that the market would at some future time be groaning under mountains of surplus graphite, that the graphite enthusiasm was redolent… Read more ›
Whether or not you believe Tesla Motors‘ (NASDAQ: TSLA ) stock is the buy of the decade or the most egregiously overvalued company on the Nasdaq, you have to respect CEO Elon Musk with what he’s done to completely disrupt a stoic and stodgy… Read more ›
Tesla and Plug Power have generated extraordinary gains after experiencing numerous inflection points. CNBC reporter’s recent comparison of Plug Power to Tesla requires a deeper look into the two companies. Plug Power CEO’s recent debut to the mainstream media served… Read more ›
The eyes of Tesla Motors are on Texas as a location for its gigafactory. And the state is placing the highest possible priority on landing the $5 billion investment, with Gov. Rick Perry personally leading the negotiations, according to the San Antonio Express -News. But… Read more ›
When Nissan launched its LEAF in 2011, it was the first mass-produced, all-electric vehicle. Although sales originally suffered, Nissan surveyed LEAF owners in late-2012 and ultimately decided to cut the price by a massive $6,400. [Editor’s note: the price of the LEAF was cut… Read more ›
For years, Johanna Quandt and her children, Stefan Quandt and Susanne Klatten, have been the auto industry’s wealthiest individuals, thanks to their nearly 50 percent stake in the German automaker BMW. The three billionaires inherited their wealth from their late… Read more ›
One of the unique things about Tesla Motors is that the entire business is generated solely toward building electric cars. It means that the company’s five-million-squre-foot Fremont plant in California is the only factory of its kind, with all the… Read more ›
A few new details about Tesla’s upcoming ‘affordable’ electronic vehicle came out of a talk the company’s founder and CEO Elon Musk gave last week, and Electrek has the key takeawaysfrom the event. Musk shared info around what we can expect… Read more ›
At what point do you give up on a losing trade or investment? Do you set a certain loss level ahead of time, or do you continue to watch your losses increase, hoping that the stock will eventually turn? These… Read more ›
Tesla Motors, the electric-car company founded by Elon Musk, is planning a dealership in Brentwood. The Tennessean reports that Tesla has filed plans with the Brentwood Planning Commission to renovate the former Five Star Motorcars building at 1641 Westgate Circle in Westgate Commons.… Read more ›
The numbers are truly staggering. The new Tesla Motors gigafactory is more than a game-changer for the California car maker. It could change the way batteries are made in the U.S. for years to come. It comes down to the numbers for… Read more ›
Tesla Motors Inc.’s Elon Musk, already taking on the auto and aerospace industries, is going after utilities by seeking to drive down the cost of storing energy through building cheaper batteries. Elon Musk added another billion to his fortune earlier… Read more ›
With a plan to build the world’s largest lithium-ion battery factory, Elon Musk continues his long bet against all the incumbents around him: rival car companies, battery-makers and the scientific establishment. The wager is based on two big assumptions: that no one… Read more ›
Tesla is having itself a pretty nice year so far. Not only were sales of its first mid-priced sedan, the Model S, 20% higher than anticipated (helping land Tesla a nod on our Most Innovative Companies list), but Consumer Reports recently gave it top… Read more ›
Tesla Model S 85 in Silver