Tesla News
-
As predicted last month, and tweeted and teased by CEO Elon Musk, Tesla Motors showed off battery swapping for its Model S electric car at a press event last night. Held at Tesla's design studio in Hawthorne, California, the demonstration itself was simple: A Tesla Model S drove onto the stage and stopped over a hole in the floor. Automated arms reached through the hole, supported the pack and the car, disconnected the fittings, and dropped it through the hole. Then a replacement pack was moved into position, raised through the hole to sit under the car's floorpan, and reconnected to the car...
-
UPDATE: Musk Posts Photo Of Tesla Model S Battery Swap VideoTesla Motors CEO Elon Musk confirmed that a press event to be held this Thursday evening will demonstrate battery-swapping for the Tesla Model S. The mode of communication was his favorite medium: a tweet. "Seeing is believing," wrote Musk, saying that the company will do a live demonstration of...
John Voelcker -
Tesla Model S Recall Announced For Rear-Seat Latch BracketTesla Motors announced this morning that it will conduct a partial recall of Model S electric sedans manufactured between May 10 and June 8 of this year to fix a potentially weakened left-rear seat attachment striker bracket. According to a post on the company's website and signed by CEO Elon Musk...
John Voelcker -
What Questions Would You Ask Tesla's Elon Musk?It's probably safe to say that many readers of this site would love to sit down for a chat with Tesla Motors CEO Elon Musk. While he's known for tweeting about the company--and autographing owners' Model S cars at publicity events--Musk is a pretty busy guy. While he can be refreshingly blunt in...
John Voelcker -
Life With Tesla Model S: Trying Out The Service ProgramTesla's announcement last month of its new service program sounded almost too good to be true. If anything went wrong with my 2013 Tesla Model S, promised CEO Elon Musk, instead of schlepping to the nearest service center, I would simply await the arrival in my driveway of the Tesla service tech...
David Noland -
Elon Musk Hangs Up As Writer Questions Battery-Cost DeclinesReporters interview CEOs all the time, but it's rare for those CEOs to end interviews abruptly. Which is what makes an article in Barron's about Tesla Motors [NSDQ:TSLA] and its current high stock price so entertaining. In "Recharge Now!", author Bill Alpert opens with a comparison between Tesla...
John Voelcker -
The problem with battery electric cars is that you can't take them on long trips, because they take so long to recharge. Or so goes the common wisdom, anyhow. Would a trip from Los Angeles to New York City in an electric car perhaps refute that statement? That's the idea discussed by CEO Elon Musk at Tuesday's annual shareholder meeting of Tesla Motors [NSDQ:TSLA]. Musk is planning to take a "personal road trip" from one coast to the other in a Tesla Model S, using the company's network of Supercharger quick-charging stations to recharge the battery en route. The trip is, in part, a publicity...
-
Tesla Loses Legal Battles To Texas, North Carolina DealersWin some, lose some. Tesla's had a very good year thus far, but it was recently dealt legislative defeats in two states where it had hoped to sell its electric cars. In Texas, the state legislature declined to make an exception to existing rules that make it illegal for automakers to sell cars to...
John Voelcker -
Tesla Model S Top Speed: More Than 130 MPH, Emission-FreeTop speeds are more relevant than many people think. That even applies to cars like the Tesla Model S, though perhaps more for bragging rights than any practical purpose. And as bragging rights go, 133 mph isn't too bad for an electric car. While there aren't many places you can legally explore a...
Antony Ingram -
Does Tesla Motors Really Want To Be Chevron, Rather Than Ford?It's been a great few months for Tesla Motors [NSDQ:TSLA]. The company's flagship product attracted a near best-ever rating from Consumer Reports to add to its trophy cabinet. Its DoE federal loans have been paid, and the company made a profit in the first quarter. But is Tesla's greatest potential...
Antony Ingram -
Does The Tesla Model S Electric Car Pollute More Than An SUV?Does the supposedly clean, green Tesla Model S really pollute more than a gas-guzzling Jeep Grand Cherokee sport-utility vehicle? That's what one analyst has claimed. In an exhaustive 6,500-word article on the financial website Seeking Alpha, analyst Nathan Weiss lays out a case that the Model S...
David Noland -
Tesla Planning Grid Storage As Part Of Supercharger ExpansionBuy a Tesla Model S, and you won't need to worry about brownouts. And you could even keep driving through the Zombie Apocalypse. Tesla Motors CEO Elon Musk revealed that little tidbit at a press conference today, where plans were detailed for an expanded network of the company's Supercharger...
Bengt Halvorson -
The electric-car maker Tesla Motors [NYSE: TSLA] has announced breathtaking expansion plans for its Supercharger network, detailing where the company plans to install its proprietary Supercharger rapid-charging stations all the way through 2015. According to CEO Elon Musk, who announced the expanded network and other improvements in a media conference call, Tesla owners will be able to choose from hundreds of stations and thousands of charging ports by 2015, and to drive all the way from Los Angeles to New York, using only the company's Supercharger network, by the end of 2013. Ultimately...
-
Tesla Didn't Make A Profit On Its Cars In Q1: Let's Be ClearTesla Motors has accomplished many remarkable things in its short life as a startup maker of electric cars. But, to clear up a common misperception, its supporters should understand that it has not--yet--made a profit in its core business: designing, building, and selling the Model S all-electric...
John Voelcker -
Tesla Supercharger Coming To Midwest Too, Not Just CoastsThe long-promised announcement from Tesla Motors on expansion of its Supercharger network has been delayed by the company's billion-dollar fundraising, and this week's payoff of its entire Department of Energy loan. But Tesla Motors [NSDQ:TSLA] still plans a rapid expansion of the network of...
John Voelcker -
Tesla Repays $465-Million DoE Loan, Chrysler Bites Back At ClaimAh, politics. Yesterday, Tesla paid off the balance of its U.S. government loan, using proceeds from its $1 billion-plus offering of stock and warrants last week, as CEO Elon Musk had said Monday it would in a tweet. The amount settled yesterday was $451.8 million, following installments paid by...
John Voelcker -
Audi Startled By Tesla Sales Success? Deleted Press Release Seems To Say SoIt may be that short sellers and naysayers aren't the only ones a bit surprised these days at the positive press received by electric-car maker Tesla. Yesterday, Germany luxury-car maker Audi issued a rather unusual press release in which it pointed out that it sells more cars than Tesla Motors...
John Voelcker -
Can Tesla Raise More Than $1 Billion On Soaring Stock Price?Investors in startup electric-car maker Tesla Motors [NSDQ:TSLA] have had quite the wild ride lately. Following its first-ever profitable quarter, with its share price soaring above $80, Tesla announced last Wednesday that it would issue new stock and warrants. Now, Tesla has quietly increased its...
John Voelcker -
How far will state car-dealer associations go to prevent Tesla Motors from opening its electric-car showrooms and selling cars over the Internet? A long, long way. In North Carolina, a new law passed by the state Senate would apparently make it illegal for Tesla to e-mail its customers. In other words, if you're a North Carolina resident who has a question about Tesla, the new law may prohibit Tesla Motors [NSDQ:TSLA] from responding to your question via e-mail. The specific wording of the law bars automakers from "using a computer or other communications facilities, hardware, or equipment"...
-
Tesla Model S Vs Chevy Volt: Owner Compares Electric CarsI've been leasing a 2011 Chevrolet Volt for almost two years now. And about three months ago, I took delivery of a 2013 Tesla Model S, the 60-kWh version. So I've gotten an extended first-hand look at arguably the two most technically advanced production cars in the U.S.--and the two best-selling...
David Noland -
Tesla To Issue More Stock, Pay Off Energy Dept With ProceedsSince Tesla issued its first-quarter financials last week, its stock has been on a tear. Not only did the company have its first profitable quarter ever, but the many investors who had shorted the stock of Tesla Motors [NSDQ:TSLA] are now faced with the threat of expensive margin calls. So Tesla is...
John Voelcker -
Elon Musk Answers Qs About Tesla In 2010: Rate His ResponsesElon Musk isn't a man who minces his words--few people in his position get to where they are by being shy and retiring. That means the Paypal, Tesla Motors [NSDQ:TSLA] and SpaceX executive is always good for a soundbite, and there are quite a few in this Time interview from 2010. Such a great deal...
Antony Ingram -
Should Apple Buy Tesla? Or Would Ford Be A Better Buyer?Electric-car maker Tesla is on a roll--its first quarter was profitable, its stock price is soaring, and Consumer Reports gave its Model S a rave review. That has led many writers to compare the company to Apple Inc. [NSDQ:AAPL]. Now one analyst has taken it further: In a Bloomberg column, Chamath...
John Voelcker -
New Tesla Testing Technique From Staid Consumer Reports: Drifting!We'd not normally advise getting information directly from Wikipedia, but its opening line on the sport of drifting is as good as any other definition you'll find: "Drifting is a driving technique where the driver intentionally oversteers, causing loss of traction in the rear wheels, while...
Antony Ingram