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News and Information about tesla

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Tesla says its Model 3 reservations are on the rise

Notwithstanding Tesla’s effortless marketing and anti-selling initiatives, its CEO, Elon Musk has finally announced that paid reservations for the Tesla Model 3 continue to go up every week. After commencing the reservation procedures barely a month ago, the CEO once shared that the company has already taken about 400,000 pre-order reservations. Since discussing these numbers however, Musk no longer wants to share the exact figures. He explained that if he does this, many people will speculate or make wrong assumptions on what’s going to happen next.

In the recent 1st quarter earnings call, Musk neither answered directly nor tried to eschew the inquiry. Instead, he replied by saying that although he’s not willing to share the actual number, the reservations continue to climb on a weekly basis. That is, in spite of their attempts to encourage their customers to buy the Model S instead of the Model 3.

When asked to provide the exact number of reservations, the CEO said that the problem lies in the probability that people will run off and make all kinds of conclusions based on the number and he thinks that this isn’t “predictive” of the future. He also mentioned that these people aren’t even allowed to test-drive a Model 3 and that the company doesn’t do a thing to sell the Model 3 but increasingly more reservations are made every week.

Read the entire article Tesla says its Model 3 reservations are on the rise

Ordinance filed at Tesla’s hometown requires new houses to use solar panels

California has a resourceful goal of having all new homes produce "zero net energy" by the year 2020, it roughly translates to producing at least as much energy as they can consume. Now the Elon Musk-headed company is no longer only selling electric vehicles, but renewable energy sources as well. And now Tesla has its only production factory in the city of Fremont.

The California-based energy company is venturing on a new business by the latter part of this year- the solar roof business, and this further undertaking will be initially observed at the homes located in the vicinity of the company's main factory. This is all due to the ordinance passed by the city council of Fremont, California on May 2 that firmly requires newly constructed houses and apartment complexes to install solar roof panels. The decision will work with a measure dating back from October that will require new construction to install mandatory wiring to be able to charge electric vehicles. The prescribed solar cell size will differ based on the size of the structure, and the ordinance necessitates an installation location that augments exposure to the sun.

Rachel DiFranco, Fremont's sustainability coordinator, said that they have over 5,000 electric vehicle drivers found in Fremont and they would like to observe if the drivers preferring an electric vehicle would increase and double over the next handful of years. Moreover, there’s also a call to obtain permission to install the cells found on the ground or one can utilize a wind turbine as a substitute. The state's building standards and energy commissions urge to approve the plan before all of it becomes official while this ordinance is through the city government. The process may take a few months, according to the local East Bay Times newspaper.

Read the entire article Ordinance filed at Tesla’s hometown requires new houses to use solar panels

Tesla may become a takeover target for Apple, says Citigroup analyst

Having $250 billion in free cash certainly gives Apple Inc. massive buying power. Apple could approach and take over valuable companies whose operations and business are in line with its interest or that will expand the tech giant’s reach. Interestingly, one of these companies is luxury electric vehicle maker Tesla Inc.

This comes as Citigroup recently published a list of companies – seven in total -- that could possibly become takeover targets for Apple. Tesla’s name surfaced on the list, which also includes Activision Blizzard, Electronic Arts, Hulu, Netflix, Take Two Interactive Software and Walt Disney.

Jim Suva, an analyst at Citigroup, said in a note to clients that more than 90 percent of Apple’s free cash is sitting beyond the United States. He quipped that should the tax proposals of US President Donald Trump be realized, Apple would have cash coffers amounting to $220 billion, which the tech giant could use for acquisitions or buybacks.

Read the entire article Tesla may become a takeover target for Apple, says Citigroup analyst

Tesla Model Y to launch as early as 2019 with new architecture

Even before Tesla has yet to start the production of the Model 3, its CEO, Elon Musk has his eyes set on the upcoming Model Y. For a while now, we’ve come to know that the Model Y will be a compact electric sport utility vehicle as Musk himself has already confirmed. As reported earlier by The Verge, Musk also said the Model Y will be getting a new platform and is likely to arrive in 2019.

Since the new architecture will be totally different, the CEO intends to replace the existing Tesla models’ 12-volt battery with a new power system. The change in architecture would mean there is no longer need for a lead-acid battery aside from a having new way of running the vehicle’s in-car electronic system. In doing so, the production will be a lot simpler since there is lesser amount of wiring involved with the new setup.

Musk refers to the electric SUV as an important factor in achieving Tesla’s objective of one million cars per year in the upcoming new decade. While at a conversation with some analysts about the company’s financial results in this year's 1st quarter, the CEO reassures everyone that the Model Y should be available either in late 2019 or 2020 at the most.

Read the entire article Tesla Model Y to launch as early as 2019 with new architecture

Tesla is shaking up the automotive industry once more by entering the semi-truck market. The Elon Musk-led company is set to debut its own electric semi-truck in September this year. And now, Elon Musk has given us the first sneak peek on the up-and-coming unnamed electric truck.

Tesla's head honcho Elon Musk was in Vancouver, Canada having a TED talk- discussing underground transportation. In between, he also revealed tidbits about his new electric Semi-Truck project. Furthermore, he also revealed the first ever shadowy teaser image of his Tesla Semi Truck.

The image expectedly went viral, but is not as dramatically different compared to the other concept vehicle images truck makers have revealed in the previous years. While there is an apparent rise in advanced electric techs in the passing years, it has been suited for smaller automobiles that cover shorter distances. The Semi Truck looks tall and the concept is quite futuristic, especially the headlights. And it appears there are no side mirrors present. It is possible that a camera system is fitted instead.

Read the entire article Tesla electric Semi Truck partly revealed in first teaser

Rap legend Snoop Dogg, aka Cordozar Calvin Broadus Jr, has taken delivery of his new Tesla Model X. To our amazement, this famed music producer and actor from Long Beach, California took to Snapchat and other social media platforms to share a quick preview of his recent purchase. Soon enough, a video with “The Dogg” and his White Tesla SUV was uploaded by a YouTuber that goes by the name “My Tesla”. Of course aside from Snapchat, the rest of “Mr Dogg’s” posts have also gone viral whether it came from his Reddit or Instagram account.

Snoop Dogg’s Tesla Model X comes in white body paint and is fitted with a set of 22-inch matte black Onyx wheels. On the video, it does look like the music artist opted for the 6-seater configuration and dressed it up entirely in black leather while the rest of the accessories are in ash wood finish . Other than showcasing the highly renowned falcon wing doors open wide, the video happens to show the Model X’s highly impressive 17-inch touch screen monitor.

Not only is Tesla popular among high-profile Hollywood stars, sports personalities or the majority of New York's elite, but in recent years the eco-friendly vehicle has also impressed the who’s who in the music industry. The rapper, also known as “Snoop Lion” was just among the many internationally acclaimed celebrities to own a Tesla vehicle. Among them are Stevie Wonder, Adam Levine, John Legend, Katy Perry, Rihanna and Jay Z. Radio personalities such as deadmau5, Skrillex and Zedd have their own Teslas as well. With this news hitting the Internet, it seems owning an EV is once again the coolest thing on earth.

Read the entire article Snoop Dogg is now the proud owner of a Tesla Model X

Xabier Albizu, a Spanish product and transportation artist, recently did a rendering of the Experimental Tesla Model EXP supercar. The third party design work looks quite sexy and has been the talk of the town recently. Albizu initially posted the first image of his rendering on March 6 on his Behance account.

As a third party designer, Albizu had all the time to make these renderings. His works show that the Tesla Model EXP is a high performance supercar with four electric motors (and independent torque vectoring), each one powering its own wheel, thus making it a four-wheel drive . But is controllable depending on the driver’s needs in that power delivery can be adjusted independently -for crazy handling and acceleration.

The high performance Tesla rendering has smart aerodynamics. With a flat bottom and the huge diffuser, there is an increase in downforce without sacrificing the drag. The rear end of the vehicle has an open design that extracts hot air from different components, and prevents it from overheating. But this design isn’t only functional. He designed this to give it a more aggressive and extreme look.

Read the entire article Spanish artist creates rendering of Tesla Model EXP

Tesla Motors is still shocking the world with its electric vehicles built with performances are at par or even better than their conventionally powered rivals. However, it turned out that Tesla is planning to go beyond electric sedans and SUVs. As Tesla founder and chief executive Elon Musk announced it would soon unveil the carmaker’s first semi-truck and pickup truck.

Through a post in Twitter, Musk revealed that the carmaker is unveiling the new Tesla Semi truck in September this year. He added that Tesla’s development team did an amazing job in creating this new semi truck, which he described as on a “seriously next level.” As far as we know, Musk isn’t joking. Of course, “seriously next level” could mean that it could be entirely different from the semi-trucks we know, thereby possible changing the game according to Tesla’s own definition.

To note, Musk tweeted in 2016 that Tesla’s Jerome Guillen was already test-driving the carmaker’s new semi truck. He also noted that Guillen was responsible for leading Daimler’s most successful semi-truck program. In addition, Musk said during the unveiling of Master Plan Part Deux last summer that Tesla is already in the early stages of development of its new heavy-duty trucks and high passenger-density urban transport. By then, he announced that these units would be ready to be unfurled this year. Now, Musk is staying true to his words and confirmed that Tesla is indeed unveiling a new semi-truck this September.

Read the entire article Tesla CEO Elon Musk confirms plans to release new semi and pickup trucks

The new Tesla Model S 100D has just broken the record for being the electric car with the longest range ever. A couple of months ago, an online website released an article of top electric cars, which have the longest range. While the list already included the 2017 Tesla Model S, it has only been proven just now.

The top electric vehicles on this list include: 2017 Tesla Model X at 295 miles (474.8 kilometers), 2017 Chevrolet Bolt EV at 238 miles (383 kilometers), 2017 Volkswagen e-Golf at 126 miles (202.8 kilometers), and 2017 Hyundai Ioniq Electric at 124 miles (199.6 kilometers). A few others range from 84 to 114 miles.

The non-performance Model S sedan carries dual motors and the largest battery the company has, at 100kWh. The EPA officially rated the performance of this car and the official numbers are as follows: city range - 331.1 miles (532.9 kilometers), highway range - 337.2 miles (542.7 kilometers) and a combined range of 335 miles (539 kilometers). Take note, we even rounded the number off to just 335.

Read the entire article Tesla Model S 100D rated by EPA, breaks all records for how far an electric car can go

Tesla has officially launched a fan-made commercial competition titled as Project Loveday. According to the company, the competition started on March 4, 2017, and will end on May 8, 2017. Winners will be revealed on May 22. While Tesla did post the guidelines for this contest, the rules are pretty straightforward which is to make a commercial video no longer than 90 seconds, and then submit it for consideration.

According to the guidelines, the top 10 winning videos will be both featured as well as shared on all the company’s social media channels. Each of the top 3 videos will be given extra promotion on the social media channels. Finally, the Grand Prize winner will be invited to a future product launch event by Tesla and will be given the chance to introduce that product. The company said it will shoulder travel expenses and accommodation for 2 people good for 2 nights.

Tesla also said that the contest is open to everyone who is at least 18 years of age. For those who are below 18 years and want to participate, they will need to get permission from the parent or their guardian.

Read the entire article Tesla launches fan-suggested ad contest dubbed Project Loveday

CEO and Chairman of Tesla Motors, Elon Musk is a very ambitious man, and is known by many as the man who wants to redefine transportation on Earth and in space. He also plans to expand fully autonomous vehicles to the mass market - which indeed are pretty cool ideas. But sometimes, Musk has brilliant ideas that most people don’t agree with.

For instance, earlier this week, he confirmed to the public that he will ditch the head-up display (HUD) for the Tesla Model 3, and it that it will not feature any traditional instrument.

Instead, he feels that all the information the driver needs can be put on a large center display.

Read the entire article Tesla CEO confirms plan to scrap Model 3’s head-up display (HUD)

This can be a pivotal year for the Elon Musk-led company as the iconic American automaker made headlines as it reportedly delivered over 25,000 vehicles in the first quarter of 2017, a new record for the electric car maker. This report from Tesla is surprising, considering that the firm has previously encountered a series of production delays and missed deliver targets.

Analysts had estimated that its deliveries for the quarter will be about 23,000 to 24,500, but Tesla proved them wrong. The powerhouse company marked a quarterly record with a 69% increase compared to last year's first quarter deliveries figure which indicates that business is booming for the folks in Tesla. The Model S leads the way for its deliveries as 13,450 S units were delivered while Tesla Model X is trailing behind by a narrow margin with 11,500 deliveries made. Around 4,650 automobiles were still in the process of being delivered, thus they will be counted as second quarter deliveries, Tesla remarked.

It is an incredible feat for Tesla to be able to do all these, especially as the Tesla Fremont plant was set offline a lot in the last few months. Tesla said that the numerous times that the plant’s operations were interrupted were necessary amid company plans to spearhead the production of the initial batch of the new Model 3s. Tesla's CEO Elon Musk raised more than $1.2 billion in a stock and debt sale the previous month to assist in the fund costs for the Model 3.

Read the entire article Tesla breaks quarterly delivery record with 25,000 units sold in Q1-2017

Chinese Tech Heavyweight Tencent Holdings Ltd. has secured a 5% asset from Tesla Inc., according to a report based on its U.S. regulatory filing. This move puts Tencent as one of the American company's largest investors at a time period when Tesla badly needs to increase its funds.

And Ford clearly has some catching up to do. Tencent, one of China's most profitable tech companies, dished out a whopping $1.8 billion for its share of 5% stakeout from Tesla. In return, Tencent acquired nearly 8.17 million worth of shares through a new Tesla stock offering at the open market. Per Bloomberg's report, the Chinese tech company's recently purchased stake makes it Tesla's 5th biggest shareholder to date.

Tencent took a passive stake which indicates that is highly unlikely to try to provide further tension to the electric automaker powerhouse to make any developments. In the aftermath of the press release, Tesla's stock expectedly surged from 3.42% to $279.39 per share in the early afternoon trading this Tuesday. Another detail worth mentioning is that the American automotive company is Zacks Rank #3.

Read the entire article Telsa stock blows up after Chinese tech company Tencent acquires 5% of its stake

Tesla marked a major milestone as it surpassed Ford in market capitalization. Automaker Tesla, formerly known as Tesla Motors, closed out the trading on March 27, 2017, with a market cap of a whopping $45.47 billion while Ford had dropped to around $45.35 billion.

From Wall Street's viewpoint, the company led by Elon Musk is considered now as a more valuable car manufacturer than the Ford Motor Company which is over 100 years old. Tesla has been trailing Ford's market capitalization for about a month.

As of February 28, FM stock price dwindled from $12.53 a share to $11.46 as of yesterday's trading while Tesla's stock price rose from $249.99 to $270.22 in the same time period. The market cap serves as the overall value of a firm/company's outstanding stock. Tesla's skyrocketing figure reveals that the investors of the company are pleased with how the company is performing so far, but it doesn't mean that it has become a much bigger company than the Blue oval in the real sense.

Read the entire article Tesla’s stock price surpasses Ford amid strong Model 3 optimism

The Tesla Model S has finally arrived in South Korean soil and is now available for test drive. But, there’s a catch. You’ll have to wait several months if you were not one of the first few hundreds to sign up for the test-drive.

What I mean is that if you purchase a Tesla Model S online or at the showroom, there is a higher chance of you getting your vehicle way ahead of time, than you getting that 20- to 30-minute test drive. In fact, the wait list is so long that it would take six months for those who signed up last. And nope, that was not a typing error when I wrote six months.

The reason behind this is that Tesla only has two showrooms in South Korea, and both of them are fairly new. Each showroom can only accommodate around 10 test drives per day, giving each person the chance to take the car out for a drive for about 20-30 mins. So, ten times two, that’s just twenty people per day for the whole nation. Having said that, there’s probably around 3,600 people in line to test drive the Model S. And the only way to fix that problem is for Tesla to open more showrooms, or to accommodate more people per day.

Read the entire article There’s a six-month waiting list to test drive Tesla’s Model S in South Korea

We are all aware that certain models and configurations of the Tesla Model X, as well as the Bentley Bentayga, both cost over six figures. So, what if both models were combined together? Well, it had already been done by Tesla tuner, TSportline. It gave this Model X such a grand makeover that anyone on the roads will definitely do a double take.

With over $60,000 worth of customizations, the model is stunning. For instance, it has a bespoke Bentley Red leather interior - with perforated leather and signature diamond stitching. The interior alone costs $25,000. And it’s not just that of course, it comes with two-toned gloss carbon fiber and Bentley leather steering wheel that costs an additional $3,200, plus a gloss carbon fiber interior package, and extra thick hand-carved floor mats.

The sound system, which is priced at $11,500, is a Rockford Fosgate 3sixty.3 EQ Processor that can individually tune 13 component speakers to create the perfect sound. The good thing is that this custom sound system does not draw power from the battery system.

Read the entire article TSportline is selling this Tesla Model X with a Bentley interior on eBay for $180K

Tesla confirms that they will be discontinuing the fairly new Model S 60 and 60D sedans as soon as next month. Why, you ask? The company wants to make enough room for the upcoming Model 3. But do not worry, orders of the entry level Model S (at $68,000) will be received until April 16. You should hurry up then if you still want to get any of those models before they’re scrapped.

The 60 line is currently Tesla’s most affordable electric car. It’s much more affordable than the Model S P90 D which starts at $90,700. The base model offers a 210-mile range and a battery pack capable of storing 75kWh. However, it is software limited to 60kWh, unless the buyer decides to pay an extra $6,500 to unlock its full power - increasing the driving range to 249-259 miles. Also, it will cost another $3,000 to enable the AutoPilot semi-autonomous features. Basically, you have to pay more, to get more. But not always, as the Model S 60 buyers can have access Tesla’s Supercharger network free of charge.

For the upcoming Model 3, the company plans to come out with seven options. However, if there would not be a new powertrain introduced soon enough, then they might reduce options to just five. This effort was done by the company to ensure that they have an affordable unit on hand, especially with the interest people are showing in the Model 3.

Read the entire article Tesla Model S 60, 60 D will be discontinued starting April 17

Tesla is finally setting a more “definite” schedule with regards to the official launch of the Tesla Model 3 electric car. A “limited production” is said to be slated to begin in July of this year although it appears that the first group that will come out of production has been earmarked for investors and employees at Tesla. CEO Elon Musk however did also say that customers may be able to begin configuring their vehicle within 3 to 4 months.

Production trials though have already started with the company stating that material sourcing and crash testing of the Model continue to be on schedule and will likely be able to support the volume deliveries expected in the second part of 2017. The actual volume production though is not expected to start until September. Tesla disclosed that it expects to deliver around 5,000 units per week by the fourth quarter of this year with the goal of increasing it to 10,000 units weekly sometime in 2018.

During a conference call, Musk revealed to reporters that the brand will slowly speed-up the production of the Model 3, in fact looking like an “S curve” that will increase the speed as initial bugs are detects and problems are fixed.

Read the entire article Tesla will begin limited production of Model 3 by July

In racing, driving a quicker and lighter car doesn’t always result in a win. However, such a car definitely has some advantages over other competitors. This could be the reason why the Electric GT Championship is changing the base car from the Tesla Model S P85+ to Tesla Model S P100.

When the Electric GT World Series was announced in March 2016, organizer Electric GT Holding Inc. also disclosed that it has chosen the Tesla Motors S P85+ as a base model for the 10 teams bound to enter the event in its 2017 inaugural season.

Agustin Paya, Technical Director for Electric GT Holdings, remarked back then that the Tesla model S was chosen because of its impressive circuit racing potential with its power, acceleration, weight distribution and low center of gravity as well as superb cornering speed. The race-bound Model S P85+ would race with the same powertrain, battery and programming as the one available for the market, although it has received modifications with regards to braking, aerodynamics, suspension and cooling, as well as steering and overall weight.

Read the entire article Tesla’s Electric GT Championship turns into a much faster race with shift to P100D

They were so near, and yet so far. This is how we could describe the saga of two electric cars -- the Tesla Model S and the BMW i3 – in their attempt to earn the highest safety award being given by the Insurance Institute for Highway Safety.

Of course, every carmaker wants their vehicles to earn at least the Top Safety Pick award. However, there is nothing much better than earning the Top Safety Pick+ (Plus) award. Why? Simply because a good chunk of possible customers also regard vehicle safety as one of the parameters in choosing a new ride. IIHS has already commenced testing vehicles for 2017.

As far as we could remember, a vehicle model could qualify for the 2017 Top Safety Pick, if it has managed to score good ratings in five crashworthiness tests -- small overlap front, moderate overlap front, side, roof strength and head restraints. It must also earn an advanced or superior rating for front crash prevention. For a vehicle to earn the 2017 Top Safety Pick+, a vehicle must earn good ratings in all five crashworthiness tests as well as an advanced or superior rating for front crash prevention. In addition, it should have an acceptable or good headlight rating.

Read the entire article Tesla Model S and BMW i3 fail to earn 2017 Top Safety Pick+ rating from IIHS [w/video]
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