One of the most common complaints about Tesla vehicles has been inconsistent fit and finish, specifically abnormally large or irregular gaps between body panels. Now the company has applied for a patent on a new clamping system that it hopes will eliminate the issue once and for all. Tesla explains in its patent application (via… Read more »
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Tesla’s back! Q3 earnings report includes record revenue and healthy profit
Those of us who saw past the tweets and the alarmist headlines were expecting good news from Tesla’s third-quarter earnings report, as it became apparent that demand for Model 3 remains robust as the company emerges from production hell. However, even most true believers were expecting a small loss, or perhaps a nominal profit. Instead,… Read more »
Tesla launches new Model 3 version with Mid-Range battery pack for $45,000
Tesla has announced a new version of Model 3 with a new Mid-Range battery pack and 260 miles of range that will sell for $45,000. That’s $4,000 less than the price of the Long Range battery pack version, which has a 310-mile range. The rear-wheel-drive option will now only be available with the new Mid-Range… Read more »
Tesla buys land for Chinese factory
Tesla has acquired a 210-acre piece of land in the Lingang region of Shanghai for its planned Gigafactory 3. No price has been announced. Lingang is located on the coast, about 47 miles from the center of Shanghai. Several automakers with foreign connections have facilities there, and unmarked test vehicles are often seen on the… Read more »
Tesla delivers: Q3 delivery goals met, 50% more than last quarter’s all-time high
As expected, Tesla met its Model 3 delivery goals for the third quarter, obliterating previous production records and setting the stage for a new chapter in the history of the EV. In Q3, Tesla produced 80,142 vehicles, 50% more than last-quarter’s all-time high, including 53,239 Model 3s and 26,903 units of Model S and X…. Read more »
So much for Audi’s “Tesla killer” – no e-tron inventory for US dealers
Mea culpa. Fooled again. Audi must have dropped several million bucks at a recent extravaganza in San Francisco, all for the launch of the e-tron, the brand’s first pure electric model, and it convinced this correspondent that this time, the company was serious about selling an EV in volume. Then came the news that Audi… Read more »
Chinese lithium producer will supply a fifth of its production to Tesla
One of China’s top producers of lithium has agreed to supply a fifth of its lithium hydroxide production to Tesla’s battery suppliers. The agreement with Jiangxi-based Ganfeng Lithium runs from 2018 to 2020, and could be extended by three years. EV-makers have been scrambling to secure supplies of lithium for the past couple of years…. Read more »
NHTSA awards Tesla Model 3 perfect 5-star safety ratings in every category.
Following in the footsteps of its elder siblings, Tesla’s Model 3 has earned a perfect 5-star safety rating in every category from the National Highway Traffic Safety Administration (NHTSA). NHTSA performs an extensive range of crash tests on all new vehicles, including frontal crash, side crash and rollover tests. Model 3 achieved the top score… Read more »
Analysts share a behind-the-scenes tour of Tesla’s Gigafactory
Can Tesla produce Model 3s in volume, and make a profit? That’s the question of the day (or maybe, of the century). Investment management firm Worm Capital (among others) believes that the answer depends on how efficiently the company is able to manufacture its battery packs, and it recently sent a team to visit Tesla’s… Read more »
Analyst visits Tesla factory, says Model 3 production is on track for 8,000 units per week
Tesla seems to have settled into a sustainable Model 3 production rate of at least 5,000 units per week. In its recent shareholder letter, the company reported that it had eliminated some bottlenecks, and now hopes to produce over 50,000 Model 3s during the current quarter. Tesla’s friends were happy to hear that the frenzied… Read more »
