Posts Tagged: Tesla Model X

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’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 »

Amsterdam airport taxis switch from Tesla Model S to Model X

Amsterdam’s Schiphol Airport is famous among travelling EV enthusiasts for its fleet of 167 Model S taxis. Now fleet operator BIOS-groep plans to trade the S for an X, replacing all of its Model S sedans with roomy Model X crossovers. BIOS-groep collaborated with Tesla to install its own on-site charging solution. Level 2 AC… Read more »

Tesla’s Model S and X Program Manager moves to Volkswagen

Volkswagen has appointed former Tesla exec Matthew Renna as Vice President, North American Region G4. Renna will manage VW’s “NAR-G4” team, overseeing the Modular Electrification Toolkit (MEB), the automaker’s modular EV platform. His responsibilities will include “product content, costs, financial results, timing, quality, launch, and risk management throughout the entire MEB product line life cycles.”… Read more »

Tesla acquires factory automation specialist Perbix

Tesla has announced plans to acquire Minnesota-based Perbix, which builds some of the equipment used at Tesla’s factories. Perbix, founded as a maker of machining equipment 41 years ago, has provided Tesla with automated tools, including a system that makes drive-unit rotors. Tesla also has Perbix equipment in its Nevada Gigafactory. “Perbix, which has been… Read more »

Former Tesla production head offers insourcing insights

For years, automakers have been steadily outsourcing more and more of their manufacturing. Modern vehicles are assembled from parts made by suppliers all over the world, and in some cases, even the final assembly is done under contract by companies such as Magna and Valmet. Tesla has reversed this trend to a certain extent –… Read more »