The latest Tesla earnings report followed the usual pattern: large losses today, but plenty of potential tomorrow. The Messiah of the Motor Industry reported revenue of $1.21 billion for the 4th quarter of 2015, and $4.05 billion for the full year, both healthy increases over the previous periods. Tesla delivered 17,478 vehicles in Q4, including… Read more »
Search Results Found For: "Tesla ZEV credits"
Tesla resists changes to California ZEV mandate
California’s ZEV mandate, which will require 15 percent of cars sold in the state to be zero-emission vehicles (ZEVs) by 2025, will soon be expanded to include medium-size OEMs such as Mitsubishi and Volvo, which naturally have some helpful ideas as to how the rules could be watered down. At a May hearing, automakers and… Read more »
Elon Musk vs the LA Times: Yes, Tesla has benefited from government incentives. And?
The LA Times recently ran a “now it can be told” article highlighting the various government subsidies and incentives that benefit Tesla and Elon Musk’s other companies, SolarCity and SpaceX – a total of about $4.9 billion by the Times’ reckoning. Certainly Tesla, like many other energy companies and automakers, has benefited from a wide… Read more »
Tesla third-quarter results: record deliveries of Model S, another delay for Model X
Tesla’s third-quarter shareholder letter was a mixed bag: profits are up, but mainly due to sales of California ZEV credits; Model S deliveries are right on track; and the Model X will be delayed once again. Tesla reported a small third-quarter profit of $3 million, using non-GAAP figures, which include healthy sales of Zero Emission… Read more »
Tesla battery swapping: dead, or just delayed?
It was one year ago that Tesla introduced its battery swapping technology in a theatrical presentation, with lights flashing and music thumping. At the time, Elon Musk said that the company planned to make swapping available as soon as the end of 2013, and eventually install the capability at every Supercharger station. In early 2014… Read more »
Tom Gage on ZEV mandates, Tesla’s early days, BMW’s EV commitment and V2G tech
Q&A with the EV trailblazer Tom Gage Tom Gage is one of America’s true EV pioneers. He’s perhaps best known as one of the designers of the tzero electric sports car that provided the inspiration for the Tesla Roadster. However, that is far from his only contribution to the electric mobility field. Charged recently caught up… Read more »
Tesla Gigafactory location: Tucson throws its hat in the ring, California out of the running
The city of Tucson, Arizona has made a formal proposal to become the home of the Tesla Gigafactory. Mayor Jonathan Rothschild said that the city has identified a potential site with access to the railroad mainline and interstates, and that the city could add tax incentives to those offered by the state. “I look forward… Read more »
VIDEO: Elon Musk says third-generation Tesla will be about 20% smaller than Model S
Star entrepreneur Elon Musk gave a lengthy and wide-ranging interview at this week’s D11 Conference in Rancho Palos Verdes, California. Interviewers Walt Mossberg and Kara Swisher question Musk from the standpoint of someone who isn’t familiar with Tesla or with EVs in general, so he includes a brief primer on the EV scene. He explains… Read more »
This week at Tesla part two: Media naysayers turn to cheerleaders (VIDEO)
Publications across the media spectrum, including former skeptics, are now cheering the California company on.
Consumer Reports: Tesla Model S is the best car since 2007 (VIDEO)
Tired of hearing about a certain California carmaker? Well, sorry. Tesla’s name is all over the press this week, from gushers about stock market success to sour-grapes hit pieces about ZEV credits to tantalizing hints of next-gen batteries and self-driving sedans. However, this is the most important news of all for a prospective Model S buyer: Consumer… Read more »