Posts Tagged: Tesla Model X

Elon Musk: Tesla is tracking 60 battery development efforts around the world

Tesla CEO Elon Musk covers a lot of ground in a recent interview with Investment icon Ron Baron. He explains how, as a young man, he identified the five tech areas that would have the greatest impact on mankind’s future, and set out to make his mark. He also gives propers to early partner AC… Read more »

Riviera Tool & Die reopens as Tesla Michigan

In May, Tesla acquired Riviera Tool & Die, a Michigan-based firm that makes large stamping die systems used to produce automotive sheet metal parts. The Californians have now taken over the company’s Grand Rapids facility and rebranded it as Tesla Michigan. Reporter Rick Albin from local TV station WOOD recently took a factory tour and… Read more »

Tesla Q3 results: production on track, Autopilot working fine, Gigafactory cranking up

Tesla’s latest earnings report delivered no unpleasant surprises, and that was enough to bring TSLA stock back to rude health, up almost 10% in Wednesday’s trading. The company reported a net loss of $230 million, or $1.78 per share, on revenues of $937 million in GAAP terms: $75 million, or $0.58 per share, on revenues… Read more »

Tesla Model X will probably qualify for the Hummer Tax Loophole. What does that mean?

Oh the irony! Could something called the Hummer Tax Loophole end up supercharging sales of Tesla’s new Model X? Section 179 of the federal tax code allows taxpayers to immediately deduct the cost of certain assets, including “heavy vehicles and equipment,” instead of depreciating them over time. Electrek reports that this became known as the… Read more »

Tesla reveals details of Model X Signature Series

Tesla has launched an online configuration tool for existing reservation holders of the Model X Signature Series, revealing several previously unknown details of the ESUV, which is expected to begin deliveries in late September. The top-end Signature Series, which will be the first Model X version to be produced, includes a suite of special features,… Read more »

Tesla locks up long-term lithium supply

To produce EVs, you need batteries. To build batteries, you need lithium. That’s why Tesla has signed a long-term contract with a pair of mining companies to supply lithium hydroxide from a site in northern Mexico. Bacanora Minerals Ltd and Rare Earth Minerals PLC are partners in a joint venture called the Sonora Lithium Project…. Read more »

Loyal GM customer told CEO Mary Barra he is tempted by Tesla’s “beautiful” user interface

There’s currently a lot of talk about a trend that Tesla co-founder Ian Wright discussed in our pages a year ago: even as software becomes a more and more critical part of the automobile, the user interfaces built by the (non-Tesla) automakers are clunky and old-fashioned, especially when it comes to integrating with our other… Read more »