The buildup was pretty big: earlier this week, Elon Musk’s tweeted that an upcoming software update for Model S would “end range anxiety.” The reality – announced at a press conference today – is neat, but perhaps not quite so game-changing. Software version 6.2, which is expected to be enabled in the next 10 days,… Read more »
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Tesla’s next competitor might not need to build a single car
These days, the media insists on describing every future plug-in vehicle as a “Tesla competitor.” The latest putative challenger is not an automaker at all, but Apple, a company that has a lot in common with our favorite EV maker (including about 150 former employees). Reports that Apple has been bulking up on battery expertise… Read more »
Tesla Q4 earnings: still in the red, but great things coming soon
Tesla’s earnings report for the 4th quarter of 2014 followed the usual pattern: there’s plenty of good news, but the company is still operating at a loss; Elon Musk dropped his customary vague hint of more wondrous goodies to come in the future; and the stock market reacted in its usual way – TSLA shares… Read more »
Forbes debunks Merrill Lynch’s bearish take on Tesla
We’ve gotten used to hearing Elon Musk speak right up when anyone in the press disses Tesla. This time however, it was a Forbes columnist who took up the pen to defend the fair maiden’s honor. Merrill Lynch auto analyst John Lovallo, a confirmed Tesla bear, recently published a research note in which he “came… Read more »
Tesla pre-owned vehicle program could be lucrative profit center
Tesla is developing a certified pre-owned vehicle program similar to those already offered by luxury brands such as BMW and Mercedes. “With the Model S fleet now heading toward the first cars hitting three years old, we are looking at CPO and how best to structure.” VP of Communications Simon Sproule told Automotive News. In… 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 does it again: sales, revenue, stock price take off
Tesla has done it again. Financials for the fourth quarter of 2013, released this week, show record sales, growing revenue and dwindling net losses. Wall Street dug it. TSLA stock has broken out past the $200 mark and set a new all-time high. By the way, the stock market utterly ignored last week’s report of… Read more »
Plenty to like in Tesla quarterly report, but red ink causes stock to slide
Tesla’s earnings report for the third quarter of 2013, released Tuesday, told a tale of steady, if modest, progress on almost all fronts. The company delivered a record number of vehicles, increased its gross margins, increased its cash balance – and either earned or lost money, depending on how you’re counting. Just over 5,500 Model… Read more »
Musk expands on Tesla’s Q2 financial report
Last evening, Tesla Motors announced its Q2 2013 financial results, and afterward, Chairman & CEO Elon Musk and CFO Deepak Ahuja took questions from journalists and analysts for about an hour. As expected, Musk did most of the talking, and covered a lot of ground concerning Tesla’s future production plans and international expansion. On… 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.