Posts Tagged: Tesla Model S

Tesla raises $1.2 billion in new capital: good news or bad?

As expected, Tesla recently raised about $1.2 billion in fresh capital by selling stock and issuing new debt. The company sold stock at $262 per share, bringing in about $350 million, and issued convertible notes worth another $850 million, according to a document filed with the SEC. CEO Elon Musk personally bought $25 million in… Read more »

Rocket Man – Elon Musk In His Own Words (book review)

Like Einstein, Picasso and Muhammad Ali, Elon Musk is a great aphorist. His pithy sayings are continually quoted in contexts ranging far beyond the techie press. In fact, whole web sites (shitelonsays.com) have been devoted to the utterances of the Californic oracle. Not all those who do great things are good at explaining how they… Read more »

Elon Musk addresses Tesla employees about unionization

Unions and automakers have a long and fraught relationship. As Tesla has begun to evolve into a major automaker, the union has come calling, and Detroit execs are doubtless looking on with sympathy (or schadenfreude?) at the events of the past couple of weeks. Recently, Tesla factory worker Jose Moran claimed in a post on… Read more »

Tesla earnings report shows progress, but stock market is unconvinced

As expected, Tesla’s Fourth Quarter & Full Year 2016 Update depicts steady progress toward the company’s ambitious goals. Compared to Q4 2015, almost all the numbers are soaring. Vehicle deliveries are up 27%, gross margins are up 110 basis points, and revenue is up 88%. Of course, expenses are way up, but losses are down,… Read more »

Repair your Model S under a shade tree? Tesla plans to open up its policy

The Right to Repair is a concept that aims to make our throwaway society a bit more sustainable by requiring manufacturers to sell replacement parts for their products, and make their diagnostic codes and service manuals available to independent repair shops. The Right to Repair is currently the law only in Massachusetts, which is thus… Read more »

Tesla announces details of new Supercharger pricing model

As Tesla evolves from a low-volume startup into a major automaker, its decision to stop offering unlimited free Supercharging for new vehicles is entirely understandable. The company recently announced the details of the new pricing policy, which is designed to keep charging convenient for everyone, while still allowing drivers to fill up for long highway… Read more »

NHTSA finds Tesla not at fault in fatal Autopilot crash

It was a tragic milestone: last May, Joshua Brown, “a friend to Tesla and the broader EV community,” became the first person to die in a crash that occurred while his Model S was in Autopilot mode. The National Highway Traffic Safety Adminstration (NHTSA) made a full investigation into the circumstances of the accident, and… Read more »

After owner outcry, Tesla reverses decision to limit Model S Launch Mode

Many Tesla owners rave (in a good way) about the over-the-air software updates that the company uses to add new features or fix bugs. However, some were less pleased when Tesla used over-the-air capability to limit an existing feature called Launch Mode. Launch Mode is an electronic system that helps the driver to achieve maximum… Read more »