Posts Tagged: Tesla Model X

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 »

China logs record EV sales, Tesla top foreign brand

Plug-in sales in China are going wild – annual sales for 2016 are expected to exceed 350,000. The country now has the largest plug-in fleet in the world: over 650,000 vehicles, surpassing Europe (630,000) and the US (560,000). Upcoming changes to government incentive programs contributed to a sales surge for small EVs in November. The… Read more »

Tesla Supercharger V3 could have power output greater than “a mere 350 kW”

As EV ranges increase, charging levels are on the way up too. Phoenix Contact, EVgo and Porsche are among the companies developing more powerful charging systems. Naturally, Tesla has plans to outdo them all. In a recent tweet, Elon Musk hinted at something called Supercharger V3, which presumably will offer charging levels higher than the… Read more »

Tesla subsidies amount to a fraction of what the Big Three have received

Tesla has been the target of trolls, misinformation and fake news stories since its founding. Whole web sites are devoted to trumpeting the company’s failings, real and invented. Since the US presidential election, the torrent of tirades has kicked into high gear. The Institute for Energy Research, a think tank funded by oil and coal… Read more »

Consumer Reports blasts Tesla Model X

The honeymoon is over. Consumer Reports praised Tesla’s Model S to the skies in 2013, and again in 2014. Now however, the respected source of unbiased product reviews says that in spite of its “brag-worthy magic,” the Model X “largely disappoints.” CR praised the electric SUV’s performance: “Despite its 5,400-pound weight, the X has warp-speed… Read more »