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I'm the contrarian and am calling a bottom right around here
The decision represents an abandonment of a longstanding goal that Tesla(TSLA.O), opens new tab chief Elon Musk has often characterized as its primary mission: affordable electric cars for the masses. His first “master plan”, opens new tab for the company in 2006 called for manufacturing luxury models first, then using the profits to finance a “low cost family car.”
Elon Musk Denies Report Tesla Is Scrapping Less-Expensive Car
The stock fell as much as 6.2% on Friday after Reuters said Tesla had canceled the project, citing anonymous sources and company messages it had reviewed. Shares were down 1.3% as of 1 p.m. Friday in New York.
“Reuters is lying,” Musk wrote on X, without offering specifics. In another post, he responded with an eyes emoji to a Tesla investor who speculated that Tesla was shifting more resources toward trying to bring a robotaxi to market.
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.
Huge Tesla $TSLA Call Blocks Coming In
By: Cheddar Flow | April 5, 2024
• Huge $TSLA & $QQQ Call Blocks Coming In
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For Japan are estimated ~0.7k Tesla sales and 0.3% market share for March
By: Roland Pircher | April 5, 2024
• For Japan are estimated ~0.7k Tesla sales and 0.3% market share for March.
• Market share is 10 basis points or 48% above the 3-month trailing average of 0.2%
• Second best March ever
• 7th best quarter ever and -18% quarter-over-quarter
• Year-to-date -3% over same period last year
• Year-to-date is 25% or 3./12 of last year's total
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Belgium reported 3,121 Tesla sales and 7% market share for March
By: Roland Pircher | April 5, 2024
• Belgium reported 3,121 Tesla sales and 7% market share for March.
• Market share is 214 basis points or 44% above the 3-month trailing average of 4.8%
• Tesla 5th best-selling brand
• Best month ever with +2% vs. second best month
• Best quarter ever
• Year-to-date +62% over same period last year
• Year-to-date is 45% or 5.4/12 of last year's total
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Germany reported 3,878 Tesla sales and 1.5% market share for March
By: Roland Pircher | April 5, 2024
• Germany reported 3,878 Tesla sales and 1.5% market share for March.
• 8th best quarter ever and +6% quarter-over-quarter
• Year-to-date -37% over same period last year
• Year-to-date is 21% or 2.5/12 of last year's total
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The UK reported 6,995 Tesla sales and 2.2% market share for March
By: Roland Pircher | April 5, 2024
• The UK reported 6,995 Tesla sales and 2.2% market share for March.
• Model Y top 10 best-selling cars
• 80% Model Y
• 7th best quarter ever and +20% quarter-over-quarter
• Year-to-date -12% over same period last year
• Year-to-date is 24% or 2.8/12 of last year's total
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Like the crane in Florida that landed partially on a Tesla, i wonder if this plan suffered Hutchison Effect which led to a component of the engine to break off and get ingested by the engine.
A Southwest flight departing from Lubbock, Texas, returned to the gate shortly after abandoning its takeoff roll when the flight crew reported a possible engine fire, according to a statement from Lubbock Preston Smith International Airport.
Lubbock Fire Rescue responded to reports of an engine failure and fire on Thursday and said crews were working on "extinguishment operations."
"We had gotten to the acceleration part of take-off, about to lift off, and you could hear a 'thump' and the plane swerved and we came to a stop."
"It didn't seem scary. We thought a tire had blown out … but the pilot came on and said, 'The engine had ingested something, and a flame had come out,'" Powell told KABC.
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 share price DOUBLE BOTTOM BREAKDOWN today, on 05-April-2024.
PS: Apparently share price aiming to head to $152 area.
Australia reported 6,017 Tesla sales and 5.5% market share for March
By: Roland Pircher | April 5, 2024
• Australia reported 6,017 Tesla sales and 5.5% market share for March.
• Market share is 291 basis points or 113% above the 3-month trailing average of 2.6%
• Tesla 6th best-selling brand
• Model Y 3rd best-selling car
• 73% Model Y and 27% Model 3
• Second best month ever with +6% vs. last month
• Second best third month of the quarter ever and +174% vs. the previous one
• Best March ever
• Second best quarter ever and best Q1 ever and +58% quarter-over-quarter
• Year-to-date +23% over same period last year
• Year-to-date is 28% or 3.3/12 of last year's total
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Sweden reported 2,524 Tesla sales and 10.6% market share for March
By: Roland Pircher | April 5, 2024
• Sweden reported 2,524 Tesla sales and 10.6% market share for March.
• Market share is 523 basis points or 98% above the 3-month trailing average of 5.3%
• Tesla second best-selling brand
• Model Y best-selling car
• 80% Model Y and 19% Model 3
• 4th best month ever with +139% vs. last month
• 4th best third month of the quarter ever and +41% vs. the previous one
• Second best March ever
• 4th best quarter ever and +7% quarter-over-quarter
• Year-to-date -8% over same period last year
• Year-to-date is 21% or 2.5/12 of last year's total
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Thailand reported 566 Tesla sales and 1.2% market share for March
By: Roland Pircher | April 5, 2024
• Thailand reported 566 Tesla sales and 1.2% market share for March.
• Market share is 20 basis points or 20% above the 3-month trailing average of 1.0%
• 13% Model Y and 87% Model 3
• 4th best third month of the quarter ever and -45% vs. the previous one
• Second best March ever
• 5th best quarter ever and -20% quarter-over-quarter
• Year-to-date -43% over same period last year
• Year-to-date is 16% or 1.9/12 of last year's total
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Israel reported 1,418 Tesla sales for March
By: Roland Pircher | April 5, 2024
• Israel reported 1,418 Tesla sales for March.
• 3rd best third month of the quarter ever and +224% vs. the previous one
• Second best March ever
• 5th best quarter ever and best Q1 ever and +34% quarter-over-quarter
• Year-to-date +24% over same period last year
• Year-to-date is 26% or 3.1/12 of last year's total
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South Korea reported 6,025 Tesla sales for March
By: Roland Pircher | April 5, 2024
• South Korea reported 6,025 Tesla sales for March.
• 98% Model Y
• Best month ever with +24% vs. second best month
• 4th best quarter ever and best Q1 ever and -16% quarter-over-quarter
• Year-to-date +376% over same period last year
• Year-to-date is 38% or 4.5/12 of last year's total
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Italy reported 1,465 Tesla sales and 0.9% market share for March
By: Roland Pircher | April 3, 2024
• Italy reported 1,465 Tesla sales and 0.9% market share for March.
• Market share is 9 basis points or 12% above the 3-month trailing average of 0.8%
• 54% Model Y and 42% Model 3
• 3rd best third month of the quarter ever and +49% vs. the previous one
• Second best March ever
• 4th best quarter ever and -19% quarter-over-quarter
• Year-to-date -18% over same period last year
• Year-to-date is 22% or 2.7/12 of last year's total
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Do Teslas have bad luck in addition to suffering spontaneous fracturing of components, going out of control, and spontaneously combusting?
A Tesla Model Y was involved in what could only be described as a freak accident in Fort Lauderdale, Florida. The incident resulted in the death of a person and injuries to another two. The driver of the all-electric crossover was able to walk away from the accident without any injuries.
At around 4:30 p.m. local time on Thursday, Fort Lauderdale Police and Fire Rescue units responded to the Southeast Third Avenue Bridge. Authorities saw a shocking scene. A Tesla Model Y and a minivan were damaged by a part of a crane that collapsed onto the bridge. The bridge itself had an apparent hole, seemingly from the falling crane.
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.
$TSLA Flow is starting to pick up, mostly skewed to the put-side
By: Cheddar Flow | April 5, 2024
• $TSLA Flow is starting to pick up, mostly skewed to the put-side
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SEC should probe Reuters. Can't believe they can manipulate the market like this.
That’s a good tell, someone needed to close out some big shorts.
Fake news by Reuters confirmed by Elon this morning..
Reuters is lying (again)
— Elon Musk (@elonmusk) April 5, 2024
There's your pop and distribute. Went parabolic yesterday.
That was Goldman, HaHa! You Can’t Shake Me, Long and Strong #Tesla $TSLA Apes!
Tesla Model Y becomes Australia’s best-selling EV in March 2024
Tesla Model Y becomes the best selling EV in the entire continent of Australia.
https://www.teslarati.com/tesla-model-y-australia-best-selling-ev-march-2024/
Good luck and GOD bless,
$TSLA $3.8 Million Unusual Call Sell Orders. These orders have a near-term expiration and the traders are looking to collect premium on the contracts
By: Cheddar Flow | April 4, 2024
• $TSLA & $AAPL $4M+ Unusual Call Sell Orders
These orders have a near-term expiration and the traders are looking to collect premium on the contracts
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It seems very odd that only a month ago Tesla had to delay the deployment of FSD V12 due to a crash and odd braking anomalies and now it has opened the software to the greater public. This seems very risky, desperate, and could have major consequences for Tesla if/when this goes wrong. Tesla's FSD Beta program suffered an important setback after one of the vehicles testing the latest build was involved in a crash. Following the accident, Tesla halted FSD Beta V12.2.1 deployment until the collision conditions were fully investigated.
Tesla Delays FSD V12 Deployment Until Further Notice After a Car Crashed During Testing
This means that something bad must have happened when there's no apparent progress after two weeks from a software update going to the Wave1 group. This was the case with the V12.2.1 build, which was paused last week due to issues reported with the auto-speed modulation. This caused uncomfortable maneuvers with the potential of causing minor incidents such as being rear-ended. The update was pulled, with the team set to start testing the next iteration of the software.
However, toward the end of February, a car involved in the V12.2.1 testing was involved in a crash, requiring a full internal investigation. Fortunately, nobody was injured, and the Tesla experienced only minor damages. However, this caused further delays, with Tesla halting development until the circumstances of the accident were investigated. Instead of the planned wide rollout this week, there's no timeline for the next FSD Beta iteration.
Sounds like sudden braking that people have complained about. Teslas push of FSD trials is a gamble that could blow up in its face if suddenly theres more accidents.
https://www.autoevolution.com/news/tesla-delays-fsd-v12-deployment-until-further-notice-after-a-car-crashed-while-testing-it-230333.html
Before i reported seeing a ascending wedge pattern that i had thought was part of a bearish flag, it broke downward but not consistent of a bearish flag. Instead it seems to be part of a descending wedge pattern which could be why they are pumping the stock right now with BS on FSD/robotaxi to breakout upward.
Why would any company want to license FSD right now, its still very risky? I could see a trial announcement but i highly doubt any major automaker would license this yet.
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.
606-10-25-16 [24] A contract with a customer generally explicitly states the goods or services that an entity promises to transfer to a customer.However, the performance obligations identified in a contract with a customer may not be limited to the goods or services that are explicitly stated in that contract. This is because a contract with a customer also may include promises that are implied by an entity's customary business practices, published policies, or specific statements if, at the time of entering into the contract, those promises create a valid expectation of the customer that the entity will transfer a good or service to the customer.
I do remember the bold statements Musk made on stage in 2019. And also the statements he made since 2015.
He NEVER downplayed the fantasies his cult base were spreading. Instead, he amplified and encouraged them.
How did those statements not made a valid expectation in the heads of buyers that they soon would drive a L4/L5 autonomous car?
But this is fresh trash talk. I heard it about 4 years ago.
Yes, lot of trash talk about new batteries. We will see if this one lives up to the hype. If it does, VW has really counted coup on Tesla in the short term. I am sure Tesla is not ignoring all of this.
The company is poised for a turnaround, as in a few years, electric cars and trucks will comprise 80% of all vehicle sales, Wood said.
She pegged her bull case to Tesla’s plans to roll out a robotaxi, which could drive up to $10 trillion in revenue by 2030, she said, adding that the robotaxi could “save lives.”
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.
quantamscape (QS) batteries heading for production quantities by end of they year. They are tied to Volkswagen and may supply others. They are only new tech battery I know anywhere near production for real world use
Meh.... lots of trash talk about miracle batteries. None have actually show up in any meaningful numbers. I will believe it when I see it.
Tesla is making a profit, the others don't or are lagging far behind in margins, most negative. FSD is not fully appriciated. My Tesla takes me everywhere with no interventions. I assume most have not even tried FSD but when they do.......I also expect others will license FSD as there's nothing competing with it. Let's see. Think second half could go 200%
Cathie Wood touts $2,000 Tesla price target
https://www.marketwatch.com/amp/story/cathie-wood-touts-2-000-tesla-price-target-says-now-is-not-the-time-to-run-for-the-hills-as-stock-craters-64f2844d
Good luck and GOD bless,
CATL launches new EV battery with close to a 1 million mile, 15-year lifespan
https://electrek.co/2024/04/03/catl-launches-new-ev-battery-last-1-million-miles-15-yrs/
Good luck and GOD bless,
St. George's Feast Day 23, April 2024 also corresponds to Tesla Q1 2024 earnings call
https://www.teslarati.com/tesla-q1-2024-earnings-call-date/
Good luck and GOD bless,
Brand new Cybertruck owner left fuming when his $82,000 EV breaks down with critical fault just SECONDS after pulling out of the lot: 'Elon, what are you doing bro?'
Remo, who runs GearDown on YouTube, took viewers on the journey with him to pick up his new Tesla Cyberbeast.
He hit the accelerator leaving the dealership parking lot, revving the Dual Motor that generates 600 horsepower and all seemed well until a few seconds later the center dashboard turned into a blaring alarm.
Remo jokingly said 'I literally broke it right out the gate. Elon, what are you doing bro? How is it already broken?'
The flashing lights indicated there was an issuer with the vehicle's steer-by-wire system, which forced the Cybertruck into a limp mode and stopped it from exceeding four miles per hour.
Steer-by-wire is an advanced system that aims to replace traditional steering.
The new technology eliminates the physical connection between the steering wheel and the wheels of a car by using electrically controlled motors to change the direction of the wheels and to provide feedback to the driver.
The downsides of a steer-by-wire system are maintenance and cost - and if the connection is not perfect, drivers will experience what happened to Remo.
While Remo was able to pull off to the side of the road and head back to the dealer, Arizona-based Matthew Chirello was not as lucky when he was hit by the issue this month.
Chirello shared his experience on X but has since deleted the posts.
The post included a picture of his Cybertruck being towed and Chirello wrote: 'Love Tesla and my Cybertruck but 'catastrophe failure' with steering and brakes while on a road trip with wife and toddler.'
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.
Don't believe you, your fullofit, lol lol lo
Tesla becomes South Korea’s second-largest importer, beating Mercedes-Benz
https://www.teslarati.com/tesla-south-korea-second-largest-vehicle-importer-march-2024/
Good luck and GOD bless,
They need to solve the lithium battery fires too. Look what happened to Boeing and their new 787 with all the lithium battery fires too. As one of their employees pointed out, this is not a car. You can't pull over to the curb and get out.
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/
========================================
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.
Read Full Story »»»
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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,
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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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