Posts Tagged: Tesla Model 3

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 »

Tesla files patent for a system to isolate damaged battery cells

Tesla recently filed a patent on a new technology that could make its battery packs safer. The system is designed to isolate damage caused by failed battery cells, and prevent them from affecting intact cells in the pack. When battery cells fail, they typically release hot gases that can spread the damage to nearby cells…. Read more »

Tesla inks agreement for Shanghai factory

Tesla has reached an agreement with the Shanghai government to build the company’s much-anticipated Chinese Gigafactory. And none too soon – last week, in response to new US tariffs, China increased the import duty on American-made cars to 40 percent, forcing Tesla to raise prices by as much as $30,000. “We expect construction to begin… Read more »

Tesla could maximize federal tax credits for its customers, but at what cost?

Some of Tesla’s customers could soon be victims of the company’s success. The $7,500 federal tax credit for EV purchases is designed to sunset when a particular automaker sells over 200,000 EVs, and Tesla is nearing that bittersweet milestone. Ironically, thousands of affluent buyers of Models S and X received the credit, while most future… Read more »

Fired Tesla employee: saboteur or whistleblower?

Tesla has fired and sued a former employee whom it accuses of hacking its computer systems and disclosing company secrets to an unidentified third party. According to Tesla, Martin Tripp, a former technician at the Nevada Gigafactory, stole confidential photos of manufacturing systems and gave journalists false information about the company. Tesla has hired lawyer… Read more »

Tesla cranks up new Model 3 production line – in a tent?

Tesla appears to be closing in on its goal of producing 5,000 units of Model 3 cars per week. The Silicon Valley superhero team just unveiled a third production line, apparently assembled in a mere three weeks in a lightweight aluminum structure next to the Fremont factory. [Editor’s note: The  structure has been widely described… Read more »

Tesla’s “responsible sourcing” policy for cobalt and other exotics

How do you solve a problem like cobalt? The blue metallic element is used in significant quantities in EV batteries, but half the world’s supply of comes from the Democratic Republic of Congo, a war-torn land in which child labor is common. Several automakers are already taking steps to reduce their use of the costly… 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 »