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Posts Tagged: Tesla Model 3

Tesla kills the instrument cluster

Automobiles, and the automotive industry itself, have a lot of features that survive as vestiges of earlier technological times, and may no longer serve any real purpose. Tesla has eliminated a few of these (model years, free press trips) and tried hard to eliminate others (rear-view mirrors, independent dealerships). With the advent of the Model… Read more »

Tesla unveils the mass-market Model 3, reservations flood in

The next era of automotive history began last night at the Tesla Design Studio in Hawthorne, California, as the company unveiled its long-awaited Model 3, and hordes of buyers around the world put down deposits to reserve their copies of the new EV, sight unseen. Elon Musk began the presentation with a synopsis of Tesla’s… Read more »

Tesla earnings report highlights critical importance of ramping up production

The latest Tesla earnings report followed the usual pattern: large losses today, but plenty of potential tomorrow. The Messiah of the Motor Industry reported revenue of $1.21 billion for the 4th quarter of 2015, and $4.05 billion for the full year, both healthy increases over the previous periods. Tesla delivered 17,478 vehicles in Q4, including… Read more »

Musk: Model 3’s veil will be lifted only a modicum in March

As every auto journalist knows, an automaker’s official “unveiling” of a new model seldom offers much in the way of technical information. A photo op with an auto body, some flashy videos and some hors d’oeuvres are what one usually expects. Tesla, so iconoclastic in other matters, tends to follow this norm. At a recent… Read more »

Elon Musk: Tesla is tracking 60 battery development efforts around the world

Tesla CEO Elon Musk covers a lot of ground in a recent interview with Investment icon Ron Baron. He explains how, as a young man, he identified the five tech areas that would have the greatest impact on mankind’s future, and set out to make his mark. He also gives propers to early partner AC… Read more »

Riviera Tool & Die reopens as Tesla Michigan

In May, Tesla acquired Riviera Tool & Die, a Michigan-based firm that makes large stamping die systems used to produce automotive sheet metal parts. The Californians have now taken over the company’s Grand Rapids facility and rebranded it as Tesla Michigan. Reporter Rick Albin from local TV station WOOD recently took a factory tour and… Read more »

Tesla Q3 results: production on track, Autopilot working fine, Gigafactory cranking up

Tesla’s latest earnings report delivered no unpleasant surprises, and that was enough to bring TSLA stock back to rude health, up almost 10% in Wednesday’s trading. The company reported a net loss of $230 million, or $1.78 per share, on revenues of $937 million in GAAP terms: $75 million, or $0.58 per share, on revenues… Read more »

Tesla aims to build cars in China

Elon Musk, speaking at Tsinghua University in Beijing, said that Tesla is in discussions with government officials in China about producing its vehicles locally, and hopes to make a specific announcement soon. Some media reported that Musk spoke of building the upcoming Model 3 in a Chinese factory within 2 years, but he later tweeted… Read more »

Tesla shifts focus to Model 3 as engineers prepare to start work at the Gigafactory

Tesla’s Chief Technology Officer JB Straubel gave a talk at the University of Nevada in Reno this week, as the company announced a new internship program and an investment of $1 million in the university’s battery research program. Saying that the transition to a truly sustainable world won’t be accomplished in a single generation, Straubel… Read more »