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Posts Tagged: Tesla Model 3

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 »

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 »