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Huge buying opportunity on the most futuristic company ever$$$$$$
expecting under $115 per share by december 31,2024
Tesla (TSLA) gets “Buy” rating and $298 price target from RBC Capital
https://www.teslarati.com/tesla-tsla-buy-rating-298-pt-rbc-capital/amp/
Good luck and GOD bless,
Tesla Cuts 10% of Workforce, VP Resigns as Shares Fall 4%
April 15 2024 - 2:42PM
IH Market News
Tesla Inc. (NASDAQ:TSLA) is reducing over 10% of its global workforce, according to an internal email sent by CEO Elon Musk on Monday.
He said the company carried out a “thorough review of the organization” and that the decision will “enable us to be lean, innovative and hungry for the next growth phase cycle.” He added that Tesla is developing “some of the most revolutionary technologies in auto, energy and artificial intelligence” and thanked the remaining employees in advance for the “difficult job that remains ahead.”
At the end of 2023, Tesla had 140,473 employees. The automaker’s stock has lost over 31% of its value this year, compounded by weak delivery figures for the first quarter.
Tesla shares plummet over 4% during the trading session.
Tesla’s senior VP Baglino resigns
Tesla Inc.’s Senior Vice President of Powertrain and Energy Engineering Drew Baglino on Monday revealed that he decided to leave the company after 18 years.
“I made the difficult decision to move on from Tesla after 18 years yesterday. I am so thankful to have worked with and learned from the countless incredibly talented people at Tesla over the years,” Baglino said in a post on X, formerly known as Twitter.
Baglino joined the electric carmaker in 2006 as a junior electric engineer and in October 2019 he was appointed senior vice president.
Tesla (NASDAQ:TSLA)
Tesla Undercuts Average US Car by Almost $5,000 in EV Shakeout
https://www.bloomberg.com/news/articles/2023-02-21/tesla-undercuts-average-us-car-by-almost-5-000-in-ev-shakeout?utm_medium=cpc_search&utm_campaign=NB_ENG_DSAXX_DSAXXXXXXXXXX_EVG_XXXX_XXX_COUSA_EN_EN_X_BLOM_GO_SE_XXX_XXXXXXXXXX&gad_source=1&gclid=EAIaIQobChMIu6Gfqu3FhQMVW3FHAR12fgc7EAMYASAAEgJzLvD_BwE&gclsrc=aw.ds
Good luck and GOD bless,
‘I paid 80K for this and it almost killed my entire family’: Cybertruck driver says design flaw in his truck nearly caused fatal crash
In the TikTok, which has more than 2.2 million views, Jose Martinez (@el.chepito1985) shared that a few days ago, he was driving his Tesla truck when he suddenly went from a normal speed to “100% full throttle.”
Many people would panic in this situation, with a car whose speed they could no longer control, but luckily, that’s not how Martinez reacted. “Override the pedal,” Martinez thought to himself as he held down the brake to control the car.
But every time he lifted his foot off the brake, the car would accelerate at a dangerous speed.
Still holding down the brake, Martinez managed to put the car in park and get out. At first, he assumed the pedal was broken or defective, but as he examined the area around the driver’s seat, he figured it out.
See, the pedal on Tesla’s truck is made up of two parts. One is the internal metal component that connects to the car’s mechanics, the other is what looks like a plastic cover that latches onto the metal bit.
Well, that plastic part isn’t as secure as it should be. Martinez realized that as he was driving, the plastic part slid up and up and up. Because of the floorboard’s design, the plastic bit eventually got wedged in the floorboard, not allowing the gas pedal to release.
It was learned that a speeding Tesla crashed into a fire hydrant at Macarthur Boulevard and Grant Lane Road in Tracy at 9.45pm on Friday night, then crashed into a tree and burst into flames.
Behind their car, their other friends were coming in another car, who tried hard to save their friends, but the car got locked and they could not do anything because of the flames.
I'm begging all of you to NEVER get in a Tesla as long as you live. It started accelerating on its own in a parking garage and my dad lost all control of the car and we ran into a wall at 40 mph. Most horrifying experience of my life.
Jain is one of tens of thousands of Tesla owners who have experienced premature failures of suspension or steering parts, according to a Reuters review of thousands of Tesla documents. The chronic failures, many in relatively new vehicles, date back at least seven years and stretch across Tesla’s model lineup and across the globe, from China to the United States to Europe, according to the records and interviews with more than 20 customers and nine former Tesla managers or service technicians.
~140k vehicles were leftover by the end of Q1.
Who or what is Cat Turda?
Obama funded Tesla.
Elon destroyed it for Cat Turda.
Automobile production and sales is tough business. And, probably "pathetic" vehicles require longer time to design and produce. As Musk is ready to produce them after several years later than promised at a fast clip, the demand begins to shrink. However, layoffs are easy since he is against unionization.
RUMORS FLOATING OUT THERE; TSLA UNSOLD VEHICLES CLOSE TO 80K.
Tesla puts ‘$25,000 electric car’ codenamed NV9 on back burner despite what Elon Musk said
Electrek can confirm that Tesla indeed put its upcoming ‘$25,000 electric car, sometimes referred to as ‘Model 2’, on the back burner despite what Elon Musk said.
The project was codenamed NV9.
Tesla Giga Texas packed with Model Y Quicksilver and Cybertruck units
"...On Monday, drone operator and Giga Texas observer Joe Tegtmeyer shared a video from the Austin plant, showing multiple lots full of the Cybertruck, and one with several of the the Quicksilver Model Y. The video seems to show around 340 Cybertrucks across multiple exterior parking lots and 87 of the Model Y units, not counting a few that are scattered around other vehicles...."
LOL. I vote for gorilla tape. It's the best!
Exactly. Plus it was just one of Elon's many lies. I had a trimotor ordered for $69,000 I thought and it was supposed to get 500 miles of range. Then I was told the beast was $120,000 with the larger battery and it gets only 300 miles of range. I cancelled it. Sick of Elon's lies. Battery day one and battery day two, both BS. You can't trust Tesla anymore. The stock price reflects it and they lost 30% of their institutional investors as well.
Now Tesla is shedding 10% of it's workforce with some execs leaving as well.
CyberTruck is the most pathetic vehicle ever produced - every aspect of it is an epic failure.
A faster and cheaper way could be using chewing gum temporarily, wouldn't it? Cheers and enjoy FooBarAndGrill. GLTY
IS THIS YOUR LATEST LATIN CRYSTAL BALL ANALYSIS ???? WOW !! WOWYY !!!
POWER11 IS ISSUING A URGENT "" SELL "" TARGET 65
TESLA share price DOUBLE BOTTOM BREAKDOWN today, on 15-April-2024.
ARE YOU AWARE, George? Reality is what matters. GLTY & GLTA
“…On March 20, Cybertruck posted an image to X, formerly known as Twitter, of the Gigafactory Texas team posing outside its warehouse with the caption, "Produced over 1k Cybertrucks' worth of 4680 cells at Giga Texas last week!"…”
CT Accelerator pedal consist of a plastic core with a fancy metal-looking cover which is just snapped on with no adhesives. This cover can detach and jam between the core pedal and the plastic kick trim. Physical RECALL coming! Epoxy will fix, I guess.
Why on earth would Tesla reduce the production of the Cybertruck. That makes no sense at all. If they stop the doofus overpriced "foundation" thingy and put the price back down to normal the already fast selling truck will need two shifts just to keep up with it.
Here's the article: Tesla (TSLA) is rumored to be preparing a massive round of layoffs
By: Electrek | April 14, 2024
Tesla announced to Gigafactory Texas employees that it will shorten Cybertruck production shift amid rumors that it is preparing a round of layoffs.
We received several reports today from Tesla employees hearing rumors of an important round of layoffs happening this week at the company.
Some of them are talking about layoffs as high as 20% of the workforce, which would mean tens of thousands of employees.
The rumors come after Tesla angered some employees with delayed performance reviews and price bumps earlier this year.
They also come after Tesla had quite a disastrous quarter with a year-over-year reduction in deliveries, which came way below even the most pessimistic analyst estimates.
As we noted, Tesla had some good excuses regarding production going down this quarter, which would also affect deliveries and the logistics of getting cars to customers, but it didn’t have a good explanation for adding 46,000 vehicles to its inventory in a single quarter.
The automaker has been consistently adding cars to its inventory over the last year and CEO Elon Musk has been mostly blaming the situation on pricing and high interest rates.
Tesla has been expected to reduce production to adjust for what appears to be clear lower demand.
Last month, the automaker reduced production at Gigafactory Shanghai, its most productive factory.
Today, it was reported that Tesla shortened its Cybertruck production shifts at Gigafactory Texas.
Tesla wouldn’t be the only big tech company doing layoffs. Several other major companies have recently announced layoffs, including Apple – although to a much lesser degree than what is being rumored now.
Musk has recently expressed concerns about the global economy, and he has slowed things down at Tesla because of it, like the GIgafactory Mexico project, for example.
Tesla has often implemented yearly waves of layoffs, which the automaker has attributed to hiring inefficiencies amid rapid headcount growth and getting rid of underperformers.
However, if the rumors proved to be true, this one feels different. It comes after an obviously very bad quarter and comes with Tesla reducing production capacity.
Also, Tesla hasn’t been growing its headcount as much and as fast as it used to – making it harder to blame it on rapid growth.
Whether the rumors are true or not, they are clearly currently spreading at Tesla, and that’s stressful for employees. Job insecurity is not fun. I wish the people at Tesla the best right now.
Read Full Story »»»
DiscoverGold
Ouch! Thats 20+k employees.
Anaheim Police to deploy Tesla Model Y cruisers this week
https://www.teslarati.com/anaheim-police-tesla-model-y/
Good luck and GOD bless,
Tesla $TSLA Is Rumored To Be Preparing A Massive Round Of Layoffs
By: Evan | April 15, 2024
• Electrek said it received several reports today from Tesla employees hearing rumors of an important round of layoffs happening this week at the company. Some of them are talking about layoffs as high as 20% of the workforce.
Read Full Story »»»
DiscoverGold
TikToker says she was trapped in 115-degree heat after her Tesla locked her inside during a software update
A TikToker says she got stuck in her Tesla for 40 minutes during a software update.
Her car was parked in the sun, and during the update she says the temperature inside reached 115°F.
The door has a manual release, but the user guide says opening it during an update can damage the vehicle.
Bloomberg
@business
·
17h
Sales of electric vehicles have now passed a critical tipping point for mass adoption in 31 different countries, according to a Bloomberg Green analysis
Tesla Model Y & Model 3 Cost $10,000 Less Than Average New Car Price
https://cleantechnica.com/2024/04/12/tesla-model-y-model-3-cost-10000-less-than-average-new-car-price/
Good luck and GOD bless,
Elon Musk-led xAI unveils Grok 1.5V featuring visual processing
https://www.teslarati.com/elon-musk-xai-grok-1-5v-visual/
Good luck and GOD bless,
imo... four new pictorial familiars to adorn Mt. RUSHMORE...... agoura. GUy.........ihuser......vexari...... offspring-
TSLA
IHuser
Tesla’s Model Y comprised over a third of all Q1 EV sales in the U.S.
https://www.teslarati.com/tesla-model-y-q1-ev-sales-us/
Good luck and GOD bless,
Thats some serious BS.
There were reports two weeks ago from some Tesla engineers who believed that FSD would reach robotaxi level by July 2024.
it was arguably a referendum on “fake it till you make it” practices, such as intentionally overstating, and thereby misrepresenting, a fledgling company’s current capabilities, success, or profitability, while banking on the notion that its aspirations will eventually follow the desired trajectory and become a reality.
Not long before the pandemic reared its ugly head, the brilliant, serial entrepreneur Elon Musk promised to roll out an Uber-like service enabled by self-driving Tesla vehicles. According to Musk, Tesla owners could expect to earn up to $30,000 per year in extra cash by lending their Teslas out to anyone in need of a ride. Owners and customers would transact on the “Tesla network.”
This self-driving technology already exists. At this point, the network can go live very soon, opening the world to an exciting new way to make money while you sleep.
Back in 2016, Elon Musk claimed that Tesla cars could “drive autonomously with greater safety than a person. Right now.” It was a lie, one that sent Tesla’s stock price soaring — and made Musk among the wealthiest people on the planet. That lie is now falling apart in the face of a new recall of 2 million Teslas. It’s also revealing to the broader public what close observers of Tesla have always known (and the company itself admits in the fine print of its legal agreements): Tesla’s so-called “self driving” technology works fine — as long as there’s a human behind the wheel, alert at all times.
By this time Musk had MCed numerous stock price-spiking hype events around the technology, and had been collecting deposits from customers since late 2016 for a “Full Self-Driving” version of the technology. Despite the reported deaths and clear evidence that the only video of a driverless Tesla was heavily staged, even Musk admits that his hype around self-driving technology has been the central factor in the recent growth of his wealth to titanic proportions.
“We think self-driving tech that’s fully separated from humans is very, very far away, and basically impossible,” Li Yunfei, a spokesperson for BYD, said in Mandarin, translated by CNBC.
“When we think about [self-driving tech] from all aspects, from human psychological safety needs, from ethics, from regulation, from technology — including application in this industry — we haven’t figured out [the logic] and we think it is probably a false proposition,” Li told reporters on the sidelines of the Shanghai auto show on Tuesday.
“There may be many industries and businesses that invest a lot of money on this [tech], and after investing for many years it will prove it leads nowhere,” he said.
Tesla is Creating Level 4 Self Driving Cars Before Our Eyes
https://www.nextbigfuture.com/2024/04/tesla-is-creating-level-4-self-driving-cars-before-our-eyes.html
Good luck and GOD bless,
imo... i was sold on a rechargeable spy car that has a mind of its own until i pushed the bacon and scrambled eggs button..it was a disappointment....
TSLA
IHuser
WTF?? I WAS RIGHT? WHOA, this issue, as expected, is a non-issue now...LMAO!!
But it still has plenty of glaring problems with edge cases.
North America is still the largest region for Tesla, despite the largest year-over-year decline
By: Roland Pircher | April 12, 2024
• North America is still the largest region for Tesla, despite the largest year-over-year decline.
Year-over-year results for the first quarter:
-16% 🇺🇸🇨🇦
-3.8% 🇨🇳
-9.5% 🇪🇺
+18.5% Global
Read Full Story »»»
DiscoverGold
Takes you to any address
Just because you had a good experience doesnt translate into the software being ready to perform as a robotaxi.
Tesla Will Not Have True Robotaxi Release This Year
Without a doubt, Tesla Full Self Driving (Supervised) version 12.3 is much better than versions that came before it. But it still has plenty of glaring problems with edge cases. Whether that’s turning right from a left turn lane in the middle of an intersection, straddling a lane marking on the interstate and driving 50-50 in two lanes, entering a parking lot via a clear “do not enter” exit, or driving well over the speed limit in a school zone, it isn’t hard to find examples of why Tesla FSD 12.3 can’t be let loose to operate as a robotaxi.
Takes you to addresses even if the people living there have moved out? Just checking.
Drove on latest fsd all day, car took me everywhere and I never had to interfere. People have no clue robotaxi is already here!
Tesla stops deadly self-driving crash lawsuit from trial as Canada bans Level 3 vehicle autonomy
Tesla is now trying to prevent its Autopilot secrets and issues from spilling out in the open, while British Columbia bans higher levels of autonomous driving.
Drivers in the Canadian province of British Columbia will not only be fined if they use the still rare Level 3 autonomous driving systems, but they can't even drive cars that have them as a feature.
Despite that Level 3 autonomous vehicles still require the driver to be alert and ready to override the system, they can take decisions to pass a slow vehicle on their own, for instance.
This is why the new Motor Vehicle Act in British Columbia has now banned any Level 3-5 autonomous driving systems on the province's roads unless explicitly authorized.
Tesla is smart enough to classify its free Autopilot and paid Full Self-Driving (Supervised) features as Level 2 systems to escape such regulatory scrutiny before the imminent FSD launch in Canada.
It is also smart enough to prevent the inner workings of those systems, and the data it has on them, from spilling out in the open for everyone to pick apart. Instead of allowing a deadly Autopilot crash lawsuit to reach trial stage, Tesla just settled for an undisclosed amount.
however, assigned equal blame to Tesla for overhyping the capabilities of its driver-assist system, and to the California highway authority that had failed to fix the barrier where Huang crashed, leaving it damaged from a previous accident.
In any case, the family countered, in 2018 when the deadly crash happened, there weren't nearly as many or as detailed warnings and classifications about the use of Tesla's driver-assist systems as there are now.
Instead of going to trial on the matter, Tesla preferred to settle with the relatives and avoid opening statements and cross-examinations, which could serve as a precedent in other such trials, or for regulatory bodies that are investigating such incidents.
While Tesla says in the fine print that you shouldn’t use its self-driving without oversight, the novelty upon which it’s sold implies that you can. “There’s so many incentives toward bullshit, right?” he says, “toward overclaiming what your technology can do.”
Agency probes Philadelphia fatal crash involving Ford that may have been running on automated system
The National Transportation Safety Board is investigating a March crash near Philadelphia that killed two people and involved a Ford electric vehicle that may have been operating on a partially automated driving system.
A Mustang Mach E sport utility vehicle hit two stationary passenger cars on Interstate 95 at 3:19 a.m. March 3, the agency said. Both drivers of the stationary cars were killed, and one may have been outside of their vehicle.
In a posting Wednesday on the social platform X, the agency said it will coordinate with the Pennsylvania State Police in the probe. The Mach E hit a parked Toyota Prius and rammed it into a Hyundai Elantra, the agency said.
Ford said in a statement that it was told of the Philadelphia crash by the NTSB, and the company informed the National Highway Traffic Safety Administration.
"We are researching the events of March 3 and collaborating fully with both agencies to understand the facts," the company said Wednesday.
The crash is the second this year involving a Mach E that the NTSB has sent a team to investigate. The first crash occurred on Feb. 24 along Interstate 10 in San Antonio, Texas.
It was learned that a speeding Tesla crashed into a fire hydrant at Macarthur Boulevard and Grant Lane Road in Tracy at 9.45pm on Friday night, then crashed into a tree and burst into flames.
Behind their car, their other friends were coming in another car, who tried hard to save their friends, but the car got locked and they could not do anything because of the flames.
I'm begging all of you to NEVER get in a Tesla as long as you live. It started accelerating on its own in a parking garage and my dad lost all control of the car and we ran into a wall at 40 mph. Most horrifying experience of my life.
Jain is one of tens of thousands of Tesla owners who have experienced premature failures of suspension or steering parts, according to a Reuters review of thousands of Tesla documents. The chronic failures, many in relatively new vehicles, date back at least seven years and stretch across Tesla’s model lineup and across the globe, from China to the United States to Europe, according to the records and interviews with more than 20 customers and nine former Tesla managers or service technicians.
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Moderators DiscoverGold crudeoil24 chklingon rolvram Dubster watching Tesla thru the roof |
Nikola Tesla was born in 1856 in Smiljan, Croatia, then part of the Austro-Hungarian Empire. His father was a priest in the Serbian Orthodox church
and his mother managed the family’s farm. In 1863 Tesla’s brother Daniel was killed in a riding accident.
The shock of the loss unsettled the 7-year-old Tesla, who reported seeing visions—the first signs of his lifelong mental illnesses.
- Feb. 12th 2016 3:35 pm ET
@FredericLambert
ESLA TESLA MODEL 3 TESLA MODEL S CARS SALES
$TSLA, WOULD TSLA BUY FORD ?????
$TSLA, Exclusive: Bill Ford at Mustang Mach-E unveil admits being on Tesla’s turf
Bradley Berman
- Nov. 17th 2019 10:44 pm ET
Minutes after the official unveiling of the Ford Mustang Mach-E,
we jumped into the press scrum surrounding Bill Ford. Electrek asked Ford’s chairman, and Henry Ford’s great-grandson,
if he knew the introduction was taking place one block from Tesla’s design center.
“That’s a coincidence,” he said. And then he flashed a big smile.
Tesla Motors, Inc. (Tesla), incorporated on July 1, 2003, designs, develops, manufactures and sells electric vehicles and advanced electric vehicle powertrain components. Tesla owns its sales and service centers and Supercharger stations. In addition to the Company’s own vehicles, it designs, develops, manufactures, and sells advanced electric vehicle powertrain components to other automotive manufacturers. The Company has provided development services and powertrain components to Daimler AG (Daimler) for its Smart fortwo and A-Class electric vehicles. The Company developed stationary energy storage products for use in homes, commercial sites, and utilities. The Company offers financial products through various financial institutions in the United States, Europe, and Asia.
Tesla Motors was founded in 2003 by a group of engineers in Silicon Valley who wanted to prove that electric cars could be better than gasoline-powered cars. With instant torque, incredible power, and zero emissions, Tesla’s products would be cars without compromise. Each new generation would be increasingly affordable, helping the company work towards its mission: to accelerate the world’s transition to sustainable transport.
Tesla’s engineers first designed a powertrain for a sports car built around an AC induction motor, patented in 1888 by Nikola Tesla, the inventor who inspired the company’s name. The resulting Tesla Roadster was launched in 2008. Accelerating from 0 to 60 mph in 3.7 seconds and achieving a range of 245 miles per charge of its lithium ion battery, the Roadster set a new standard for electric mobility. Tesla would sell more than 2,400 Roadsters, now on the road in more than 30 countries.
In 2012, Tesla launched Model S, the world’s first premium electric sedan. Built from the ground up to be 100 percent electric, Model S has redefined the very concept of a four-door car. With room for seven passengers and more than 64 cubic feet of storage, Model S provides the comfort and utility of a family sedan while achieving the acceleration of a sports car: 0 to 60 mph in about five seconds. Its flat battery pack is integrated into the chassis and sits below the occupant cabin, lending the car a low center of gravity that enables outstanding road holding and handling while driving 265 miles per charge. Model S was named Motor Trend’s 2013 Car of the Year and achieved a 5-star safety rating from the U.S. National Highway Traffic Safety Administration.
In late 2014, Tesla CEO Elon Musk unveiled two dual motor all-wheel drive configurations of Model S that further improve the vehicle’s handling and performance. The 85D features a high efficiency motor at the front and rear, giving the car unparalleled control of traction in all conditions. The P85D pairs a high efficiency front motor with a performance rear motor for supercar acceleration, achieving a 0 to 60 mph time of 3.2 seconds – the fastest four-door production car ever made.
Now with more than 50,000 vehicles on the road worldwide, Tesla is preparing to launch Model X, a crossover vehicle that enters volume production in 2015. Featuring exhilarating acceleration, falcon wing doors, and room for three rows of seating, Model X defies categorization.
Tesla owners enjoy the benefit of charging at home so they never have to visit a gas station or spend a cent on gasoline. For long distance journeys, Tesla’s Supercharger network provides convenient and free access to high speed charging, replenishing half a charge in as little as 20 minutes. Superchargers now connect popular routes in North America, Europe, and Asia Pacific.
Tesla’s vehicles are produced at its factory in Fremont, California, previously home to New United Motor Manufacturing Inc., a joint venture between Toyota and General Motors. The Tesla Factory has returned thousands of jobs to the area and is capable of producing 1,000 cars a week.
The company is expanding its manufacturing footprint into other areas, including in Tilburg, the Netherlands, where it has an assembly facility, and Lathrop, California, where it has a specialized production plant. To reduce the costs of lithium ion battery packs, Tesla and key strategic partners including Panasonic have begun construction of a gigafactory in Nevada that will facilitate the production of a mass-market affordable vehicle, Model 3. By 2020, the gigafactory will produce more lithium ion cells than all of the world’s combined output in 2013. The gigafactory will also produce battery packs intended for use in stationary storage, helping to improve robustness of the electrical grid, reduce energy costs for businesses and residences, and provide a backup supply of power.
Tesla is not just an automaker, but also a technology and design company with a focus on energy innovation.
The Tesla Roadster is an electric sports car. The Company sells and services its Tesla Roadster though its Company-owned sales and service network in the North America, Europe and Asia. It has delivered approximately 2,500 Tesla Roadsters to customers in over 30 countries. It completed the production of Tesla Roadster gliders at Lotus Cars Limited in January 2012.
Model S is a four door, five-passenger premium sedan. It has designed Model S to include a third row with two rear-facing child seats, subject to applicable safety regulations and requirements, allowing the Company to offer a seven passenger sedan.
The Company revealed an early prototype of the Model X crossover as the first vehicle that it intends to develop by leveraging the Model S platform. This vehicle has been designed to fill the niche between the roominess of a minivan and the style of an SUV, while having high performance features, such as a dual motor all-wheel drive system. Model X will seat seven adults. The Company anticipates that it would make Model X available with 60 kWh and 85 kWh battery pack options, with pricing of each version similar to those of a comparably equipped Model S.
The Company also has announced its intent to develop a third generation electric vehicle, to which it refers as Gen III, to be produced at the Tesla Factory.
In addition to the Company’s own vehicles, it designs, develops, manufactures, and sells advanced electric vehicle powertrain components to other automotive manufacturers. The Company has provided development services and full powertrain systems and components to Daimler AG for its Smart fortwo, A-Class, and B-Class electric vehicles. It has also developed an electric powertrain system for Toyota Motor Corporation for use in its RAV4 EV. As of December 31, 2013 the Company shipped approximately 1,600 units.
In 2013, the Company developed stationary energy storage products for use in homes, commercial sites, and utilities. The applications for these battery systems include backup power, peak demand reduction, demand response and wholesale electric market services. The Company intends to ramp sales of these products in 2014. In 2015, Tesla introduced the Powrball: Tesla Home Battery. Powerwall is a home battery that charges using electricity generated from solar panels, or when utility rates are low, and powers your home in the evening. It also fortifies your home against power outages by providing a backup electricity supply. Automated, compact and simple to install, Powerwall offers independence from the utility grid and the security of an emergency backup. Powerball comes in 10kWh weekly cycle and 7kWh daily cycle models. Both are guaranteed for ten years and are sufficient to power most homes during peak evening hours. Multiple batteries may be installed together for homes with greater energy need, up to 90 kWh total for the 10 kWh battery and 63 kWh total for the 7 kWh battery.
The Company offers financial products through various financial institutions in the United States, Europe, and Asia. In the United States and Canada, it offers customer loans through specified commercial banking partners. In connection with certain of these loans, the Company offers a resale value guarantee to all customers who purchased a Model S and financed their vehicle.
ADDITIONAL PRODUCT 02-16-201 MINI CHILD THING.Company website.......http://www.motortrend.com/
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Nikola Tesla 1856 - 1943 and his contribution to science and humanity.
============================================================================================================================================
i think was greater than all inventors.
https://www.youtube.com/watch?v=cU7gSrMwyKg
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