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Most of this article is exaggerations but the part about Teslas business model being dependent on growth is true. Without continued growth, Teslas fixed costs will eat away at its margins. The downside of having everything in house.
He finds fault in Tesla's business model, which he says is dependent on robust revenue growth, integrating vertically to capture profits from car sales, and directly selling cars to consumers.
"That is a brilliant model when [there's] growth … because you actually get paid for growing and you capture all the margin. The problem is, when you go into reverse and sales go down, it also goes in reverse," Lekander said, noting that Tesla was now faced with paying its fixed costs and negative working capital, a situation where liabilities exceed a business's income and assets.
I tried Tesla's full self-driving mode. It nearly crashed my car. Tesla gave no warning, didn't break before near crash
Although most of the one-mile FSD drive in Vero Beach was smooth — and really cool to see the technology in action — I had to immediately intervene and take control when my Model 3 nearly rear-ended a pickup.
After the turn signal was automatically activated, my Tesla was correctly merging into a left turn lane. However, there wasn’t enough room between the median curb and the stopped pickup in the inside lane to proceed without a collision.
There was no warning, braking or sign of an automatic interception. I manually slammed on the brake, which disengaged FSD, to avoid a low-speed fender-bender with the pickup.
Once there was enough room, I manually drove into the turn lane and reengaged FSD.
The lesson to Tesla drivers everywhere is to try out FSD, but understand the importance of supervising the drive, just like you would do with cruise control or any other similar feature.
For non-Tesla drivers, be aware many Tesla drivers will experiment with FSD in April, which could look like atypical driving behavior.
Teslas desperate push of FSD via trial prompted this journalist to test it, almost crash, and warn Tesla drivers as well as other drivers that Teslas may behave oddly as they trial FSD software.
https://www.tcpalm.com/story/opinion/columnists/2024/04/01/tesla-full-self-driving-test-near-rear-end-collision-florida-vero-beach/73170733007/
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Tesla Drivers Have the Highest Crash Rate of Any Brand: Study
Tesla led all automakers with 23.54 crashes per 1,000 drivers in the past year.
https://www.thedrive.com/news/tesla-drivers-have-the-highest-crash-rate-of-any-brand-study
=======================================
Tesla goes out of control hitting a hydrant and tree, burns its occupants alive as their friends try desperately to get them out.
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.
Problem for TESLA, Musk cut prices to sell more cars and now Wall Street don't like the decreasing margins. Demand for EVs slowed and now Tesla has too much inventory. Tough situation.
Elon Musk just said Nelson Peltz should be on Disney's board for several reasons. I agree, and he should be on Tesla's board for the same reasons. How about it Elon?
This aged well. Further downside ahead.
Cathie Wood & Ark Invest's Buys 234,998 Shares of Tesla Inc. (TSLA)
By: Ark Invest Daily | April 2, 2024
Cathie Wood and Ark Invest's trade activity from yesterday 4/2.
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However bad the delivery numbers look i’m certain they would have been worse with Ross on the board
Elon:
He’s such an idiot that he can’t even tell he’s an idiot.
BYD sales dropped by 42% from last quarter. This was a tough quarter for everyone.
Fed’s Mester and Daly expect 3 rate cuts this year
https://finance.yahoo.com/news/feds-mester-and-daly-expect-3-rate-cuts-this-year-161204778.html?.tsrc=fin-notif
Good luck and GOD bless,
That is odd. My dad owned GM stock for year and made a mint off of it. That old line of don't marry a stock has value, but there are exceptions. I believe Telsa's story is still early on. Where will Tesla be 5 years from now, how about 10? I find that easier than trying to time trading the wild swings on this stock.
OSHP: Speed a possible factor in Canal Winchester crash that killed man, juvenile
A man and a juvenile were killed in a crash in Canal Winchester Monday evening. Authorities say speed may have been a factor in the crash.
The Ohio State Highway Patrol said a 2016 Tesla Model S was heading west on West Waterloo Street, just east of Gender Road. The Tesla did not stop at a stop sign, crossed Gender Road and struck a 2015 Buick Enclave traveling south on Gender Road.
The driver of the Buick, 63-year-old Wayne Smith, and a juvenile passenger in the same vehicle were pronounced dead at the scene. A woman who was also a passenger inside the Buick was taken to Mount Carmel East in serious condition.
The driver of the Tesla was taken to Grant Medical Center and his condition was described as stable.
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.
TESLA'S ARE DEATH TRAPS, ELON MUSK SHOULD BE IN PRISON FOR FRAUD AND CRIMINAL NEGLIGENCE!!!!!!
I post on two boards where massive con jobs have taken place for very different reasons. Tesla has never been what people thought it was, falsely pumped up to astronomical values due to its fake it until it can make it deceptive practices; done in part to help fund SpaceX. Without such deception Tesla would not have sold near as many vehicles as it has and likely would not be profitable. 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.” 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.
The other company's board i post on, the opposite has happened. All efforts by posters are done to keep people from investing to keep the companies valuation as low as possible despite ties to a major player in its industry and importance of its IP to that industry. Im waiting to see how things play out there but Tesla trajectory seems more clear.
If Tesla fails to move FSD into level 5 autonomous as i expect, its going face a high degree of lawsuits and blows to its reputation. Further blows will come when people begin to figure out just how dangerous EVs really are. Thus Tesla desperately needs a new product that could save it like Optimus. Definitely a needed product, but unfortunately, Optimus robots will go out of control and spontaneous combust just like Tesla cars do for the same reason, Electromagnetic Fields & radiation causing interference resulting in malfunctions.
=======================================
In a previous post i claimed that "Tesla = fake it until you make it scam". In other posts ive claimed that Tesla is a bigger scam than what Theranos was. People will say it sells cars, its cant be a scam. Very true, the car part and the energy part of the company are not "fake it until you make it scams". What makes Tesla a fake it until you make it scam is the fact that Tesla would not have sold nearly as many of its cars and possibly even megapacks without the lies that have been perpetuated about Tesla to help pump it. Its valuation would be nowhere near what it is or peaked at. Elon Musk would not be worth the over hundred billions hes worth, without the misleading claims, mostly by Mr Musk, about Teslas FSD software and what could be achieved by it in a rather short period of time. Reality is that true full self driving is decades away if ever achieved; i lean toward never because of natural phenomena that should make it impossible to safely achieve.
Its therotically possible that Tesla produces a few robotaxis and tests them in cities like Cruise and Waymo. That said, I expect Tesla to experience the same setbacks those companies have in the cities they operate in, struggle with expanding to other cities, or even continue to operate in the cities they are allowed to be in . In otherwords, it will not achieve true self driving robotaxi network.
What constitutes a fake it until you make it scam?
Is that not exactly what Elon Musk did when he made a series of promises 8 years ago that helped Tesla drive its valuation, sell more vehicles, and net him billions in gains via his enormous share count? This scheme was so successful that sales grew in part because a lot of people invested in TSLA, used their gains to buy 1 or more of Teslas vehicles; some of which then sold them for profit on the secondary market because of all the hype around Tesla coupled with shortage in supply. Without said fake it until you make it scam, Tesla and the greater EV market would likely be on its last breath; at least in the US and Europe.
Elon Musk’s Big Lie About Tesla Is Finally Exposed
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.
Article fails to include that sales of Tesla vehicles would be nowhere near what Tesla has sold to date without these lies.
BYD thoughts of Self driving technology
“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.
Quote Sources:
https://corpgov.law.harvard.edu/2022/01/30/theranos-the-limits-of-the-fake-it-till-you-make-it-strategy/\
https://incomecraze.medium.com/make-passive-income-with-teslas-robotaxi-network-80bfca249c56
https://www.rollingstone.com/culture/culture-commentary/elon-musk-tesla-crash-1234930544/
https://www.cnbc.com/2023/04/19/chinese-ev-giant-byd-self-driving-tech-better-for-factories-than-cars.html
How about admitting that marrying any stock is a bad idea?
Blind loyalty in a changing world does not make too much sense.
The long term does not mean always it's a sure thing. Such dependence is too high a risk. Sounder advice would be creating a balanced portfolio where no one stock can cause financial hardship should plans or dreams fail to realize. Loyalty should be for one's own good first when it comes to security in finances, health and wellbeing in my opinion.
Circumstances and life changes. We are in a changing world.
Thinking and remaining flexible is needed for life itself and important matters are needed for one's wellbeing and living comfortably.
Even today I was happy to have changed my portfolio 6-8 months ago how Tesla and Musk were doing poorly causing me to take a serious step of re-balancing my portfolio and reduced my shares to half and stopped thinking about the long term. The great days of the jumping of the price have become a history in my opinion. Even now after a long fall from the $413 area are regarded as over valued by most. I am glad this feeling made me buy other stocks like google, amazon, nvidia, arm holdings, etc. to balance my port. Investing in individual stocks following others in loyalty come what may is a poor approach. And I am concerned for anybody who has placed most or all of their funds in Tesla only calling it for the long term. Hopefully a miracle happens for them. GLTY
Tesla deliveries fall more than expected as firm cites production issues
The company said it delivered 387,000 vehicles in the first quarter, down from the previous quarter and fewer than analysts predicted
Tesla said it delivered 387,000 vehicles to customers in the first quarter, down 20 percent from the previous quarter and down more than 8 percent year-over-year. Ahead of Tuesday’s report, Wall Street analysts generally expected Tesla to report 443,000 deliveries for the quarter, according to Wedbush Securities analyst Dan Ives.
“It’s death by 1,000 cuts,” said Karl Brauer, an executive analyst with the car research company ISeeCars.com. Musk “has never had a demand problem … but over the past year-plus, there has been increasing indicators that he’s producing more cars than the market wants.”
Tesla said it made 433,000 vehicles in the first quarter, or 46,000 more than it delivered.
That means another 11k cars went unsold growing Tesla's inventory to about 100k cars as it had over 88k cars available end of Q3.
Tesla Vehicle Safety Report
Millions of miles driven before an accident occurs for Tesla vehicles using Autopilot technology
https://www.tesla.com/VehicleSafetyReport
Good luck and GOD bless,
Buy the dip. DCA from here until after ER
Tesla sued after toddler crashes Model X into pregnant mom
Mallory Harcourt was eight-months pregnant when her son crawled into the driver’s seat on Dec. 27, 2018. He somehow turned on the Tesla, accelerated up their home driveway into the garage, and struck Harcourt, according to a lawsuit filed on behalf of Harcourt and her toddler.
The 2-year-old was able to turn on the vehicle and shift it into drive from the footwell, the suit claims. A neighbor heard the mother’s screams while she was pinned between the Tesla and garage wall. The neighbor reversed the vehicle and Harcourt survived. She suffered serious pelvic injuries and prematurely delivered her baby while her pelvis was still broken, the suit states.
The lawsuit accuses Tesla of consumer fraud for advertising its Tesla Model X’s technology as safe, as well as negligence for alleged flaws in its software design.
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.
Tesla China ends Q1 2024 on a strong note with 17.3k insurance registrations
https://www.teslarati.com/tesla-china-ends-q1-2024-17-3k-insurance-registrations/
Good luck and GOD bless,
OMG.... The sky is falling! Bail from Tesla! (Says the MSM).
Naw.... I am good.(says I) I know what I hold.
Elon Musk's New Twitter CEO Linda Yaccarino Is A Vaccine-Pushing, Pro Mask-Wearing, WEF Globalist https://www.outkick.com/culture/elon-musks-new-twitter-ceo-linda-yaccarino-is-a-vaccine-pushing-pro-mask-wearing-wef-globalist $TSLA
TOTAL DISATEUR AS THEY SAY IN FRENCH !!
BEV adoption reaches ‘tipping point’ in 31 countries
”… Globally, BEVs were at a 14.5 percent adoption rate in Q4, after surpassing the 5 percent tipping point about halfway through 2021.…”
The CEO needs to get his acts together and focus on Tesla instead of other topics. If they excel and lead in AI then it's a game changer.
Tesla China sales rise 47.5% to 89,064 wholesale units in March 2024
https://www.teslarati.com/tesla-china-sales-rise-47-5-percent-89k-wholesale-march-2024-cpca/amp/
Good luck and GOD bless,
No it wasn't an April 1 Fools Day trick. Tesla share price Warning yesterday morning turned into a full fledged DOUBLE BOTTOM BREAKDOWN. Better luck.
HOW DOES ONE SPELL "" DISASTER """................T S L A !!!!
Denmark reported 1,724 Tesla sales and 9.9% market share for March
By: Roland Pircher | April 2, 2024
• Denmark reported 1,724 Tesla sales and 9.9% market share for March.
• Tesla second best-selling brand
• Model Y best-selling car and Model 3 second
• 56% Model Y and 44% Model 3
• 5th best third month of the quarter ever and -58% vs. the previous one
• Second best March ever
• 5th best quarter ever and -51% quarter-over-quarter
• Year-to-date -32% over same period last year
• Year-to-date is 16% or 1.9/12 of last year's total
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Ireland reported 422 Tesla sales and 2.8% market share for March
By: Roland Pircher | April 2, 2024
• Ireland reported 422 Tesla sales and 2.8% market share for March.
• 49% Model Y and 51% Model 3
• 5th best third month of the quarter ever and +208% vs. the previous one
• Second best quarter ever and best Q1 ever and +104% quarter-over-quarter
• Year-to-date +23% over same period last year
• Year-to-date is 25% or 3/12 of last year's total
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Switzerland reported 1,930 Tesla sales and 8.3% market share for March
By: Roland Pircher | April 2, 2024
• Switzerland reported 1,930 Tesla sales and 8.3% market share for March.
• Market share is 442 basis points or 114% above the 3-month trailing average of 3.9%
• Tesla 4th best-selling brand
• Model Y best-selling car
• 78% Model Y and 15% Model 3
• Second best month ever with +92% vs. last month
• Second best third month of the quarter ever and +78% vs. the previous one
• Best March ever
• Best quarter ever
• Year-to-date +109% over same period last year
• Year-to-date is 37% or 4.5/12 of last year's total
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Norway reported 2,234 Tesla sales and 22.9% market share for March
By: Roland Pircher | April 2, 2024
• Norway reported 2,234 Tesla sales and 22.9% market share for March.
• Market share is 281 basis points or 14% above the 3-month trailing average of 20.1%
• Tesla best-selling brand
• Model Y best-selling car
• 89% Model Y and 10% Model 3
• 6th best quarter ever and +24% quarter-over-quarter
• Year-to-date -46% over same period last year
• Year-to-date is 20% or 2.4/12 of last year's total
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France reported 4,998 Tesla sales and 2.8% market share for March
By: Roland Pircher | April 2, 2024
• France reported 4,998 Tesla sales and 2.8% market share for March.
• 61% Model Y and 37% Model 3
• Second best March ever
• 6th best quarter ever and -49% quarter-over-quarter
• Year-to-date -11% over same period last year
• Year-to-date is 18% or 2.2/12 of last year's total
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Austria reported 1,239 Tesla sales and 4.8% market share for March
By: Roland Pircher | April 2, 2024
• Austria reported 1,239 Tesla sales and 4.8% market share for March.
• Market share is 154 basis points or 47% above the 3-month trailing average of 3.3%
• Tesla 7th best-selling brand
• Second best month ever with +41% vs. last month
• Second best third month of the quarter ever and +111% vs. the previous one
• Second best March ever
• Second best quarter ever and +49% quarter-over-quarter
• Year-to-date -8% over same period last year
• Year-to-date is 30% or 3.6/12 of last year's total
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Finland reported 487 Tesla sales and 7.6% market share for March
By: Roland Pircher | April 2, 2024
• Finland reported 487 Tesla sales and 7.6% market share for March.
• Market share is 130 basis points or 21% above the 3-month trailing average of 6.3%
• Tesla 5th best-selling brand
• Model Y second best-selling car
• 70% Model Y and 29% Model 3
• Second best March ever
• 5th best quarter ever and -29% quarter-over-quarter
• Year-to-date -33% over same period last year
• Year-to-date is 15% or 1.7/12 of last year's total
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The Netherlands reported 3,957 Tesla sales and 10.7% market share for March
By: Roland Pircher | April 2, 2024
• The Netherlands reported 3,957 Tesla sales and 10.7% market share for March.
• Market share is 470 basis points or 79% above the 3-month trailing average of 6.0%
• Tesla second best-selling brand
• Model Y best-selling car
• 60% Model Y and 38% Model 3
• Second best month ever with +207% vs. last month
• Second best third month of the quarter ever and +66% vs. the previous one
• Best March ever
• Best quarter ever
• Year-to-date +53% over same period last year
• Year-to-date is 35% or 4.2/12 of last year's total
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POWER11 IS ISSUING A STRONG SELL TARGET 65$ BY YEAR END !!
THE GREATEST WALL ST. BULL ON TSLA : DAN IVES COMMENTS : THIS WAS A TOTAL " DISASTER ""
Cathie Wood & Ark Invest's Buys 84,164 Shares of Tesla Inc. (TSLA)
By: Ark Invest Daily | April 1, 2024
• Cathie Wood and Ark Invest's trade activity from yesterday 4/1.
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Beautiful pop and distribute above 165
Tesla Giga Texas is Austin’s largest private employer: Report
https://www.teslarati.com/tesla-giga-texas-austin-employer/
Good luck and GOD bless,
Bullish $TSLA Flow Today A highly unusual $2.3 Million put sell order recently hit the tape as well. The trader wants Tesla to stay up into end of week so they can collect the premium
By: Cheddar Flow | April 1, 2024
• Bullish $TSLA Flow Today
A highly unusual $2.3M put sell order recently hit the tape as well. The trader wants Tesla to stay up into end of week so they can collect the premium
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This should be an interesting week....
Tesla share price HIGH POLE WARNING today, on 1-April-2024. Happy April Fools Day.
Portugal reported 1,184 Tesla sales and 5.2% market share for March
By: Roland Pircher | April 1, 2024
• Portugal reported 1,184 Tesla sales and 5.2% market share for March.
• Tesla 7th best-selling brand
• Second best month ever with +3% vs. last month
• Best third month of the quarter ever
• Best March ever
• Second best quarter ever
• Best Q1 ever and -10% quarter-over-quarter
• Last three months -9.9% vs. October - December
• Year-to-date +38% over same period last year
• Year-to-date is 31% or 3.7/12 of last year's total
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Taiwan reported 2,135 Tesla sales and 5.2% market share for March
By: Roland Pircher | April 1, 2024
• Taiwan reported 2,135 Tesla sales and 5.2% market share for March.
• Market share is 375 basis points or 264% above the 3-month trailing average of 1.4%
• Tesla 5th best-selling brand
• 4th best month ever with +26,588% vs. last month
• 4th best third month of the quarter ever and +19% vs. the previous one
• Second best March ever
• 9th best quarter ever and -35% quarter-over-quarter
• Year-to-date -31% over same period last year
• Year-to-date is 16% or 2/12 of last year's total
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Spain reported 1,458 Tesla sales and 1.6% market share for March
By: Roland Pircher | April 1, 2024
• Spain reported 1,458 Tesla sales and 1.6% market share for March.
• 38% Model Y and 61% Model 3
• 4th best month ever with +43% vs. last month
• 3rd best third month of the quarter ever and -18% vs. the previous one
• Best March ever
• Second best quarter ever and best Q1 ever and -29% quarter-over-quarter
• Year-to-date +72% over same period last year
• Year-to-date is 27% or 3.2/12 of last year's total
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When you drove the latest version you had any issues?
Announcing the end of FSD beta is a desperate way to recognize revenue.
You have omitted the amplitude of the EMW and how much higher in strength used in testing compared to natural exposure. Please express in dB_
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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.
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i think was greater than all inventors.
https://www.youtube.com/watch?v=cU7gSrMwyKg
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