Posts Tagged: Tesla Model 3

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 »

Elon Musk settles with SEC, will resign as Chairman and take it easy on Twitter

Tesla supporters are hoping that a settlement between Elon Musk and the SEC will bring an end to what one commenter called Tesla’s Summer of Needless Drama. Earlier this week, the stock market regulatory agency accused the impulsive Iron Man of misleading investors with his market-moving tweet about a plan to take Tesla private, and… 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 »

Short sellers burn, financial pundits fulminate as Elon Musk announces plan to take Tesla private

Wheee! What fun it must be to set the financial markets and the media ablaze with a single tweet, and incinerate $1.3 billion of your enemies’ wealth with a few keystrokes. Tesla has been through some roller coaster rides before, but this year has been unlike anything we’ve ever seen, and things just got even… Read more »

Wall Street comfortably digests Tesla’s Q2 results

Tesla isn’t like other companies, and you can never tell how Wall Street will react to a particular quarterly earnings report. Like gourmands digesting a culinary oeuvre, those of us who aspire to be seen as wise have learned to wait a day or so to let things settle before passing judgement (or making stock… Read more »