Posts Tagged: Tesla Model X

Tesla direct sales ban in Connecticut stands, thanks partly to GM lobbying

Tesla’s ongoing crusade to be allowed to sell its vehicles directly to consumers recently suffered a setback in Connecticut, where a pro-Tesla bill failed for the second consecutive year. Tesla has a service facility in Milford, but consumers must purchase the cars in a neighboring state such as New York or Massachusetts. “I think the… Read more »

Tesla says it moves too fast for suppliers used to traditional auto development cycles

Over the past couple of decades, major automakers have built an ecosystem in which components of their cars are built by suppliers large and small around the world. This system has served them well, but it has several drawbacks that are becoming more apparent as cars become electric, autonomous and connected (Ian Wright eloquently described… Read more »

Tesla bulking up on workers and real estate as production gets ready to rocket

The Model 3 launch, which Tesla calls “the biggest consumer product launch ever,” is to be followed by what must be the biggest and fastest production ramp-up ever (those of little faith might prefer such adjectives as “quixotic” or “impossible”), Tangible evidence of this massive mobilization is beginning to appear. Tesla recently leased a million… Read more »

Tesla first quarter earnings overshadowed by questions about production ramp-up

Tesla’s earnings report for the first quarter of 2016 revealed that the company fell just short of its projected deliveries, and that revenue and loss figures came in fairly close to analysts’ forecasts. The company reached a new quarterly production record of 15,510 vehicles, up 10% from Q4 2015. It shipped 14,820 units, fewer than… Read more »

Musk: Probability of accidents 50% lower with Autopilot

It’s generally expected that autonomous vehicles will prove to be safer than those driven by fallible humans, but hard figures will be needed to convince regulators and a skeptical public. During a talk in Norway, Elon Musk said that Tesla is beginning to amass some statistics on the safety of its Autopilot-equipped vehicles. “The probability… Read more »

Does Manhattan really have more Tesla charging stations than gas stations?

Here’s a fun fact courtesy of the tabloid New York Post (and corroborated by more – shall we say – widely-quoted news outlets, including the Times and WNYC): Manhattan now has more public EV charging stations than gas stations. A lot more – in fact, fossil fuel pumps are outnumbered by Tesla-branded chargers alone. Tesla… 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 »

Tesla sales challenging in China, but healthy in Hong Kong

Along with every other automaker, Tesla spends a lot of time thinking about China, where a rising middle class is buying more cars and the government is strongly promoting EVs. However, doing business in the Middle Kingdom is not always easy for Western firms. Although Tesla’s Q3 2015 Chinese sales figure of 3,025 vehicles was… Read more »