Tesla has a plethora of projects in the pipeline – the Tesla Semi, Model Y, the Tesla Pickup – and making these real will require vast sums of cash – as much as $2.5 billion in capital expenditures this year, according to Bloomberg. So it wasn’t much of a surprise when the company announced last… Read more »
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Tough times for Tesla – Q1 earnings report lays out large loss
Tesla had a rough week. In its first-quarter 2019 earnings report, it described a loss of $702 million, or $4.10 per share – quite large even by Tesla’s standards, and greater than the $1.81 per share that Wall Street analysts (surveyed by FactSet) had forecast. Q1 revenue of $4.54 billion also fell short of expectations,… Read more »
Elon Musk fends off a shareholder challenge and answers his critics at Tesla meeting
As expected, a shareholder proposal to remove Elon Musk as Chairman was voted down at the company’s recent shareholders’ meeting, as was an attempt to get rid of three board members that some see as not sufficiently independent. Elon himself made a lengthy speech in which he addressed many of the current criticisms of the… Read more »
Next-gen Tesla Roadster will be the fastest car ever produced
The Tesla Semi promises to revolutionize the trucking industry, with unpredictable effects on our economy and society. But for lovers of electric speed, the big rig was upstaged at Thursday’s reveal event by a little surprise Tesla was hiding in the trailer. The new Tesla Roadster will be the fastest production car ever made. It… Read more »
The technical reasons Tesla would limit supercharging speed, and other practical charging considerations
Recently, a bit of a kerfuffle kicked up when a Tesla Model S owner noticed that the maximum charge rate for his car on the Supercharger network had suddenly been cut from 120 kW down to 90 kW, apparently the result of too many fast charge cycles. Tesla’s explanation was, essentially, that many things can… Read more »
NHTSA finds Tesla not at fault in fatal Autopilot crash
It was a tragic milestone: last May, Joshua Brown, “a friend to Tesla and the broader EV community,” became the first person to die in a crash that occurred while his Model S was in Autopilot mode. The National Highway Traffic Safety Adminstration (NHTSA) made a full investigation into the circumstances of the accident, and… Read more »
After owner outcry, Tesla reverses decision to limit Model S Launch Mode
Many Tesla owners rave (in a good way) about the over-the-air software updates that the company uses to add new features or fix bugs. However, some were less pleased when Tesla used over-the-air capability to limit an existing feature called Launch Mode. Launch Mode is an electronic system that helps the driver to achieve maximum… Read more »
Tesla reveals Master Plan, Part Deux
Is it madness, or genius? Will it save civilization, or summon the Terminators? Either way, Tesla is determined to make the next ten years mighty interesting. With Model S in a vigorous prime and Model 3 gestating, Elon Musk’s first master plan is nearing completion. That plan, unveiled 10 years ago, is familiar to Charged… Read more »
Will Tesla really have highway autopilot capabilities within a year?
Elon Musk touched on a lot of interesting topics at Tesla’s first-quarter shareholders’ meeting, but one of the biggest bombshells of all slipped by almost unnoticed, a single sentence towards the end of the 75-minute presentation (at about 15:30 of part 2): “I think we’re making some really good progress on the autopilot side,” said the… Read more »
Tesla posts detailed statement about Model S fire
It was bound to happen sooner or later – EVs have many advantages over legacy vehicles, but being fireproof isn’t one of them. However, there was a sort of spooky symbolism (an EV-hater might call it poetic justice) in the fact that it was a Model S, the most high-profile electric model, and a car… Read more »