Posts Tagged: Tesla Model X

Tesla has yet to build an alpha prototype of Model 3

Tesla’s Model 3, the promised EV for Everyman, is due to disrupt the automotive world in 2017, but the company has yet to complete an alpha engineering prototype. Should we be worried? Automakers are usually secretive about this sort of stuff, but it seems that developing alpha and beta prototypes are milestones that CEO Elon… Read more »

Tesla Q4 earnings: still in the red, but great things coming soon

Tesla’s earnings report for the 4th quarter of 2014 followed the usual pattern: there’s plenty of good news, but the company is still operating at a loss; Elon Musk dropped his customary vague hint of more wondrous goodies to come in the future; and the stock market reacted in its usual way – TSLA shares… Read more »

VIDEO: Mister Musk goes to Detroit, presses automakers to get serious about EVs

Elon Musk spoke at the Automotive News World Congress in Detroit this week, and as usual, he had plenty to say – in an hour-long interview and a Q&A with reporters, he covered a wide range of topics. The gadfly of the automotive industry reiterated his long-standing challenge to other automakers to move faster on… Read more »

Tesla Model X to be the first EV with towing capability

When Tesla’s category-killing electric SUV finally goes on sale, it will be available with an optional trailer hitch, the company revealed this week. A letter to Model X reservation holders posted on the Tesla Motors Club forum (via Green Car Reports) reads, in part: We’ll be spending much of 2015 building and testing production-intent prototypes before delivering… Read more »

Tesla third-quarter results: record deliveries of Model S, another delay for Model X

Tesla’s third-quarter shareholder letter was a mixed bag: profits are up, but mainly due to sales of California ZEV credits; Model S deliveries are right on track; and the Model X will be delayed once again. Tesla reported a small third-quarter profit of $3 million, using non-GAAP figures, which include healthy sales of Zero Emission… Read more »

Tesla ready to unveil new wonders October 9 (Updated)

Mark your calendars! On October 9, Tesla is going to announce…something. Elon Musk has issued one of his famously cryptic tweets, to wit:  About time to unveil the D and something else — Elon Musk (@elonmusk) October 2, 2014 The mysterious missive is accompanied by a picture of what is undoubtedly a Model S… Read more »

Tesla to build Gigafactory in Nevada, state offers major incentive package

It’s official: Tesla will build its game-changing Gigafactory in Nevada. CEO Elon Musk and Governor Brian Sandoval made the announcement at a press conference, and each gave the usual pep talk. “Tesla will build the world’s largest and most advanced battery factory in Nevada, which means nearly one hundred billion dollars in economic impact to… Read more »

Tesla infinite-mile warranty will also apply to Models X and 3

A little rain fell on Tesla’s parade recently, when Consumer Reports and each reported that their Model S units had racked up what seemed to be an excessive number of maintenance issues. However, both sources reported that most of the repairs in question were covered under warranty. Perhaps in response to the negative publicity,… Read more »

Tesla quarterly report: progress on all fronts

Steady progress was the theme of Tesla’s second-quarter report, released after the bell on Thursday. Development of the Gigafactory is firmly on track – the company formalized a partnership agreement with Panasonic, and has broken ground at a site near Reno, Nevada. Although, the final location of the factory is still uncertain. “Consistent with our… Read more »

Tesla halts production to gear up for Model X

Tesla has halted production at its Fremont, California assembly plant as it prepares to begin cranking out the Model X, and accelerate production of the Model S. A $100-million upgrade will add 25 robots and boost production by 25 percent. “This represents the single biggest investment in the plant since we really started operations and… Read more »