Keyword: tesla

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  • Comparison: 2014 Tesla Model S P85+ vs. 2014 BMW i8

    09/14/2014 11:17:43 PM PDT · by 2ndDivisionVet · 69 replies
    Motor Trend ^ | The October 2014 Issue | Frank Markus | Photos By Julia LaPalme
    Where is the automobile headed in our gradually warming world? Fully electric like the Chevy Spark, Nissan Leaf, or Mercedes SLS AMG Electric Drive? Plug-in hybrid like the Chevy Volt, Ford Energi models, or Porsche 918? Flying cars like the Terrafugia Transition? Something else entirely? One thing's for sure: Wherever it's headed, folks buying at the pointy end of the price pyramid will get there first and help field-test the tech for the rest of us. If you have both the means and the inclination to live your automotive life on the green-tech bleeding edge -- or if you need...
  • All-Electric Car Race Ends in Crash With No Flames, But Plenty of Sparks

    09/14/2014 4:51:22 AM PDT · by LogicDesigner · 35 replies
    Mashable ^ | September 13, 2014 | Adario Strange
    As drivers Nick Heidfeld and Nicolas Prost approached one of the final turns, Prost — attempting to prevent Heidfeld from taking the lead — collided with him, sending Heidfeld's car flying over one of the track dividers. Luckily, Heidfeld emerged from the crash looking mostly no worse for wear. But he immediately rushed over to confront Prost on the track, proving that the dangerous racing tradition of on-track bluster continues, despite last month's tragic accident involving Tony Stewart. "I have a small pain in my calf," Heidfeld said in a statement on the Formula E website. "But apart from that,...
  • China Could Upend Elon Musk's Renewable Energy Dreams

    09/13/2014 9:21:07 AM PDT · by ckilmer · 58 replies
    fool.com ^ | September 13, 2014 | By Travis Hoium
    China Could Upend Elon Musk's Renewable Energy Dreams By Travis Hoium | More Articles September 13, 2014 | Comments (0) Elon Musk has as much as $10 billion, not to mention his own personal fortune, riding on the growth of Tesla Motors (NASDAQ: TSLA  ) EV sales and SolarCity's (NASDAQ: SCTY  ) solar and energy storage system growth. It's one of the biggest bets ever made on renewable energy and it's made him a household name across the country. To dominate EVs, solar energy, and energy storage Musk is trying to build out battery capacity before competitors can gain traction, and thus far...
  • Few critics as Nevada mulls Tesla tax breaks

    09/10/2014 10:40:41 PM PDT · by Olog-hai · 16 replies
    Associated Press ^ | Sep 11, 2014 1:13 AM EDT | Scott Sonner
    Critics say Nevada lawmakers are gambling with taxpayers’ money, but they clearly were in the minority Wednesday night as legislators moved forward with an unprecedented package of up to $1.3 billion in incentives they hope to approve in the days ahead to bring Tesla Motors’ $5 billion battery factory to the state. Republican Gov. Brian Sandoval urged legislators in the two Democrat-controlled houses to seize an “extraordinary opportunity” to land the electric car maker’s “gigafactory” and the tens of thousands of jobs he said would help pull Nevada from the worst economic crisis in state history. Legislative leaders, who convened...
  • Tesla's Nevada Bait and Switch

    09/06/2014 6:24:46 AM PDT · by rktman · 25 replies
    americanthinker.com ^ | 9/6/2014 | Chriss Street
    While continuing to collect massive corporate welfare from the Golden State, Tesla and its CEO Elon Musk can look forward to a business environment in Nevada with zero corporate income tax, zero individual income tax, plus lower sales and property taxes. Nevada is ranked 3rd best in the Tax Foundation's State Business Tax Climate Index. The Index compares the states in five areas of taxation that impact business: corporate taxes, individual income taxes, sales taxes, unemployment insurance taxes, and taxes on property, including residential and commercial property.
  • Nevada Taxpayers Lose With Tesla Deal, Even If Factory Succeeds

    09/05/2014 7:29:57 PM PDT · by willk · 88 replies
    Huffington Post ^ | 9/5/14 | Ben Hallman
    Nevada officials are lauding the deal as a huge win for the state, touting the creation of 6,500 well-paying jobs that the factory is expected to generate, along with an another 22,000 indirect jobs. But the enormous cost of the deal, in terms of lost revenue to state coffers, is staggering: an estimated $1.3 billion. Paradoxically, it is a deal that could prove even more painful for taxpayers if the factory is a success.
  • Tesla Needs $3B in Tax Breaks for New Battery Factory

    09/04/2014 11:15:35 AM PDT · by jazusamo · 50 replies
    Fox Business ^ | September 4, 2014 | Elizabeth McDonald
    Nevada looks to be the winner for Tesla Motors’ (TSLA) new $5 billion battery factory, but the win comes at a cost for state taxpayers. Tesla is seeking up to $3 billion in new tax breaks to help fund about half of its cost for the new battery factory, which Tesla has already disclosed in regulatory filings would be located outside Reno, Nev., about 235 miles from its auto assembly plant in the San Francisco Bay area. “The total capital expenditures associated with the gigafactory through 2020 are expected to be $4-5 billion (sic), of which approximately $2 billion is...
  • Tesla Wants to Put 'Gigafactory' Battery Plant in Nevada

    09/04/2014 8:38:10 AM PDT · by jazusamo · 38 replies
    NLPC ^ | September 4, 2014 | Paul Chesser
    Only a year after Tesla Motors and CEOElon Musk extracted themselvesfrom the $465-million taxpayerstimulus loan that brought critical scrutiny to the company’s performance, the electric automaker has once again put itself under the spotlight that comes with taking government corporate welfare. Today the company will announce its plans to build a battery manufacturing plant near Reno . The new gambit was the culmination of competition that pitted at least five states against one another for the “privilege” of hosting Tesla’s “Gigafactory” – named so because of the amount of stored power they plan to produce. Cost to build the...
  • Tesla reportedly selects Nevada to build massive $5 billion battery plant

    09/03/2014 3:35:34 PM PDT · by jazusamo · 96 replies
    Fox News ^ | September 3, 2014 | AP
    RENO, Nev. – Tesla Motors has chosen Nevada as the site for a massive, $5 billion factory that will pump out batteries for a new generation of electric cars, a person familiar with the company's plans said Wednesday. The person, who spoke on condition of anonymity because no official announcement had been made, said work would soon resume at an industrial park outside Reno. Four other states -- California, Texas, Arizona and New Mexico -- were vying for the project and the estimated 6,500 jobs it will bring.
  • Georgia dealers want Tesla store shuttered for selling too many Teslas

    09/03/2014 12:59:46 PM PDT · by grundle · 25 replies
    yahoo.com ^ | September 2, 2014 | Steven Lang
    Imagine owning the most popular automaker in the United States. Now imagine a special ​interest group eliminating your ability to serve over 10 million Americans unless you did business with their unique cartel. That's in essence what happened right before Labor Day weekend, when the Georgia Auto Dealer Association filed a petition with state officials seeking to cancel Tesla's license to sell its cars in the state of Georgia. Tesla's crime? Selling 173 cars directly from a factory-owned store located 25 miles away from Atlanta, the only Tesla retail location in Georgia. The dealers say Tesla can only sell 150...
  • Tesla Motors Dealing as States Play Factory Poker

    08/31/2014 5:13:27 PM PDT · by EveningStar · 44 replies
    AP via ABC News ^ | August 31, 2014 | Justin Pritchard
    From the start, little has been typical about Tesla Motors' plan for a $5 billion factory to make batteries for a new generation of electric cars. It's not just the project's massive scale, the cutting-edge technology, or even the bonanza of 6,500 good-paying jobs. It's how Tesla is deciding where to build. Through a series of unusual plays, Tesla has five states bidding up subsidy packages to land the coveted plant. The winner is expected to offer the luxury car-maker publicly financed incentives exceeding a half-billion dollars.
  • Battery Economics The story of Elon Musk and GM’s race to build the first mass-market electric car

    08/30/2014 11:30:35 AM PDT · by ckilmer · 94 replies
    One of the hottest clashes in technology pits two pathmakers in the new era of electric cars—Tesla and General Motors. Both are developing pure electrics that cost roughly $35,000, travel 200 miles on a single charge, and appeal to the mass luxury market. The stakes are enormous. Most electrics have less than 100 miles of range. Experts regard 200 miles as a tipping point, enough to cure many potential electric-car buyers of “range anxiety,” the fear of being stranded when their battery expires. If GM and Tesla crack this, sales of individual electrics could jump from 2,000 or 3,000 vehicles...
  • Consumer Reports: Tesla Model S has ‘more than its share of problems’

    08/12/2014 11:51:13 PM PDT · by Olog-hai · 7 replies
    Reuters ^ | Mon Aug 11, 2014 6:51pm EDT | Bernie Woodall
    Consumer Reports, which last year gave top marks to electric carmaker Tesla Motors Inc.’s Model S sedan, now says the car it owns has had “more than its share of problems.” While the car has impressed staff at the influential U.S. consumer magazine with its “smoothness, effortless glide and clever, elegant simplicity,” there have been many quirks that might dampen consumers’ experiences, Consumer Reports said in a statement on Monday. […] “Just before the car went in for its annual service, at a little over 12,000 miles, the center screen went blank, eliminating access to just about every function of...
  • Washington Tried to Land Massive Tesla Electric Car Factory — Would It Be Worth It?

    08/01/2014 1:35:06 PM PDT · by Robwin · 7 replies
    Newstalk 870 KFLD ^ | July 29, 2014 | John McKay
    The Washington Department of Commerce said it mounted an aggressive effort that included the personal involvement of Inslee. The company would reportedly create 6,000 jobs to build batteries for a projected 500,000 Tesla cars to be built by 2020. Among the reasons given for Tesla’s reluctance to locate here is that we’re not a “right to work state.” Controversial labor issues with Boeing and other companies have scared off some prospective companies. But beyond this grand project are some shady financial issues... This despite Consumer Reports fiascos that occurred in testing some Tesla models – which either caught fire in...
  • Tesla taps Reno as potential Gigafactory site

    07/31/2014 7:53:10 PM PDT · by redreno · 20 replies
    http://www.reviewjournal.com ^ | July 31, 2014 - 4:34pm | By ED KOMENDA
    It’s official: Tesla Motors has broken ground on a stretch of land outside Reno that could serve as the site for its forthcoming $5 billion battery factory. But not so fast: they’re not the only one in the mix. In a letter to shareholders, Tesla CEO Elon Musk was careful in saying the Reno site “could potentially be” the location for the Gigafactory, expected to create 6,500 jobs. “Consistent with out strategy to identify and break ground on multiple sites, we continue to evaluate other locations in Arizona, California, New Mexico, and Texas,” Musk wrote. The news followed weeks of...
  • Tesla's Battery Factory Could be Great for a Bankrupt California

    07/29/2014 7:51:31 AM PDT · by SeekAndFind · 35 replies
    Business Insider ^ | 07/29/2014 | Matthee Debord
    Based on reports that have emerged over the past few weeks, it looks like California is back in the running as a location for Tesla's Gigfactory — a massive facility that will build the advanced lithium-ion batteries needed to get the electric carmaker to the next level. Nevada, Texas, New Mexico — these were the states that appeared to be in a better position to become the Gigafactory's home than California.But there's been some chatter about Elon Musk and his company potentially taking over an old U.S. Navy facility near San Francisco. And now, according to the Los Angeles Times'...
  • Why Tesla Motors can't sell cars in most of the United States

    07/20/2014 8:07:19 PM PDT · by 2ndDivisionVet · 69 replies
    Engadget ^ | July 17, 2014 | Ben Gilbert
    Tesla Motors makes beautiful, quality electric automobiles. Don't just take it from us; Consumer Reports rated the Tesla Model S the "best overall" car in its 2014 Top Picks report (which includes all non-electric cars as well). Yet, despite Tesla CEO Elon Musk's ongoing effort to expand his EV empire, state after state in the United States is pushing back. Not because those states are against electronic vehicles, Musk or even Tesla; it's about the way Tesla wants to sell its cars. Specifically, it's about money. WHAT TESLA WANTS You know how Apple has stores where it sells its computers,...
  • Allegedly Stolen Tesla Involved in Police Pursuit Crashes Into Cars, Splits in Half ...

    07/04/2014 8:40:18 AM PDT · by BenLurkin · 31 replies
    KTLA ^ | July 4, 2014
    The incident began when police received a call from a Tesla dealership stating that an individual was “tampering or messing with” one of the vehicles, according to Sgt. Campbell with the Los Angeles Police Department’s Pacific Division. Officers responded to the dealership and a pursuit began at about 12:45 a.m., Campbell said. During the pursuit, the Tesla reached speeds of up to 100 mph, according to Campbell. The pursuit ended on La Brea Avenue between Fountain and Lexington avenues a short time later when the driver of the Tesla hit two other cars and a lamp post, Campbell said. A...
  • Tesla Motors on a mission to hire American veterans

    07/03/2014 4:29:54 PM PDT · by Reaganez · 11 replies
    San Jose Mercury News ^ | July 3,2014 | Dana Hull
    FREMONT -- Tesla Motors, which is on a mission to bring electric cars to the masses, now has another goal -- to become a leading employer of America's military veterans. "We want to be known throughout the veteran community as a great place to work," Arnnon Geshuri, Tesla's vice president of human resources, said in an interview. "Veterans are a great source of talent for Tesla, and we're going after it." "Tesla has risen to the top" among companies known for creating veteran-friendly workplaces, said Ted Daywalt, president and CEO of VetJobs, the nation's leading military job board. "They have...
  • 106 Years Ago, A Mysterious Explosion 1000x More Powerful Than The Hiroshima Bomb Rocked Siberia

    06/30/2014 10:09:56 AM PDT · by blam · 40 replies
    BI ^ | 6-30-2014 | Sam Ro
    Sam RoJune 30, 2014 Today is the 106th anniversary of a historic explosion that still has no clear explanation. It happened in Tunguska, a remote forest area in the middle of Siberia. The blast had the power of 15 megatons of TNT, roughly a thousand times that of the atomic bomb dropped on Hiroshima Japan. The event was so powerful that it was felt and heard a thousand miles away. Locals believed the blast was supernatural, caused by a god that was punishing people for their wickedness. Scientists, on the other hand, believed it was a meteor. Here's Where It...
  • Tesla Enthusiasm for Battery Swap Wanes After Subsidies Disappear

    06/30/2014 10:31:19 AM PDT · by jazusamo · 12 replies
    NLPC ^ | June 30, 2014 | Paul Chesser
    NLPC has extensively documented howTesla Motors has taken advantage of market distortions to reap revenues – including government mandates, subsidies, and taxpayer support – not the least of which have been so-called “zero emission credits” from the state of California. But much of the revenue Tesla enjoyed last year – which often meant the difference between profit and loss – was credited based upon theoreticaltechnological capabilities and not ones actually put into practice. CEO Elon Musk has also relied on accounting gimmicks to enhance his bottom line over the last 18 months, during which a couple of quarterly earnings...
  • Morgan Stanley On Tesla: 'Whoa'

    06/26/2014 2:25:31 PM PDT · by ckilmer · 81 replies
    businessinsider.com ^ | Jun. 17, 2014, 2:04 PM | Rob WileRob Wile
    Morgan Stanley's Adam Jonas is out with an awesome and slightly hilarious note in which he argues Tesla is now, maybe, the most important car company in the world. "Not even two years after the delivery of the first Model S, Tesla Motors has transformed from fledgling start-up to arguably the most important car company in the world. We are not joking."
  • Why Tesla's Elon Musk Must Sell 6 Million Electric Cars To Make History

    06/05/2014 6:58:15 PM PDT · by ckilmer · 26 replies
    greencarreports ^ | Jun 5, 2014 | John Voelcker
    Why Tesla's Elon Musk Must Sell 6 Million Electric Cars To Make History   By John Voelcker 4,097 views Jun 5, 2014 23 Comments Follow John Reddit This! Share on Facebook Share on Twitter Henry J. Kaiser and Elon Musk, CEO, Tesla Motors [Kaiser image courtesy Kaiser Permanente] Many entrepreneurs have tried to start car companies in the U.S. over the past century, but the last person to do so from the ground up with a brand that survives to this day was Walter P. Chrysler.He started his company in December 1924--which indicates the magnitude of the challenge faced by...
  • Tesla, Missouri Auto Dealers begin late battle over state franchise law

    05/14/2014 10:53:16 AM PDT · by E. Pluribus Unum · 15 replies
    PoliticMO ^ | May 12, 2014 | Eli Yokley
    JEFFERSON CITY, Mo. – Missouri lawmakers are set to begin a last-minute fight over whether electric car manufacturers like Testa Motors should be able to sell their product directly to consumers. With only a week left in session, the Missouri Senate quietly attached language to House Bill 1124 that would effectively bar Tesla from selling directly to consumers in Missouri. Similar hurdles for the company have popped up in other states. Supporters of the legislation believe the current franchise-based model for selling automobiles has served the state’s economy and its consumers well, and that they don’t understand why Tesla will...
  • Tesla Loses $49.8 Million In Q1 2014, Panasonic On Board With Gigafactory

    05/10/2014 6:09:13 PM PDT · by jjotto · 23 replies
    The Truth About Cars ^ | May 8, 2014 | Derek Kreindler
    Although Tesla reported a profit of $17 million on $713 million in revenue, their financials were reported using non-GAAP (Generally Accepted Accounting Principles) figures. Which means that my current checking account, according to non-GAAP figures, is probably somewhere in the high seven figures. Using GAAP numbers, Tesla lost nearly $49.8 million, on revenues of $620 million. Despite the loss, Tesla delivered 6,457 units, and expects to sell 35,000 Model S units this year. Tesla also announced that their Model X SUV will be delayed again, until 2015. But the bad news was interrupted today by a major development for Tesla....
  • Inside Tesla's Two-State Bake Off For The Gigafactory

    05/08/2014 7:06:37 PM PDT · by BenLurkin · 15 replies
    forbes.com ^ | 5/08/2014 @ 6:49PM | Micheline Maynard,
    Tesla has identified four states — Arizona, Nevada, New Mexico and Texas — as the competitors for the plant. One of the four is expected to be chosen for the initial ground breaking, which Musk said Wednesday will take place next month. There most likely will be another ground breaking to follow not long after the first. “All four states are still in the running, because of their eagerness and capability,” Simon Sproule, Tesla’s vice president of communications and marketing, said Thursday. He declined to say which state or states are in the lead, nor would he give a date...
  • Tesla to Break Ground at 2 ‘Gigafactory’ Sites

    04/30/2014 1:35:49 PM PDT · by Rio · 31 replies
    Product Design and Development ^ | 4/30/2014 | Joel Hans
    In an interview, Tesla’s Elon Musk did not quite name a winner, or even a few finalists for the company's proposed battery "gigafactory," but he did announce that he would pick two sites for construction as the company hedges its bets and emphasizes speed.Musk was quoted by Bloomberg as saying in an interview: “What we’re going to do is move forward with more than one state, at least two, all the way to breaking ground, just in case there’s last-minute issues. The No. 1 thing is we want to minimize the risk timing for the gigafactory to get up and running.”The...
  • Crony Capitalism Keeps the US Dependent on Vladimir Putin

    04/24/2014 8:52:44 AM PDT · by Kaslin · 15 replies
    Townhall.com ^ | April 24, 2014 | Michael Schaus
    The latest news to come out of Ukraine doesn’t involve Vice President Joe Biden, European natural gas supplies, or Vladimir Putin’s insatiable appetite for the resurrection of the Soviet Union. In fact, it hits a bit closer to home. America’s spy satellites, as it turns out, is dependent upon Russian provided technology to reach orbit. That’s right… Not only are our astronauts hitching rides to the Russian-run “international” space station, but even our spy satellites have to hitch a ride via Putin’s Russian Military industrial complex. And any sanctions that could come out of the situation in Ukraine, may just...
  • Giant Tesla battery factory producing 'affordable' electric cars at $35,000? [Nevada solar?]

    04/12/2014 3:07:03 AM PDT · by Cincinatus' Wife · 50 replies
    The Drum ^ | February 27, 2014 | Noel Young
    "......The California car firm yesterday revealed plans for the factory that would employ up to 6,500 people , cover 1,000 acres, and cost $5 billion, said the Wall Street Journal, Solar and wind farms would at least in part supply the huge power needs of the plant in either Nevada, New Mexico, or Arizona. Reno is thought to be a favorite. Tesla needs its own production to hit its cost target for a more affordable car. Tesla Chief Executive Elon Musk's idea is a "Gigafactory" that takes in raw materials and produces finished lithium-ion batteries. He has said he intends...
  • Tesla drivers like Drudge Report, financial news: study

    04/04/2014 12:00:37 PM PDT · by illiac · 3 replies
    Marketwatch ^ | 4/4/14 | MarketWatch
    Quantcast released a study this week looking at the browsing habits of Tesla Model S drivers. The sleek electric sports cars come equipped with a large center console monitor that includes a web browser. The headline number is that some 10% of Tesla page views went to the Drudge Report. This is despite the fact that Tesla TSLA -5.52% ownership is heavily concentrated in California, and that the car touts its environmentally friendly all-electric power system as part of its appeal. Breitbart suggested that the appeal of Drudge to Tesla drivers may be less in its generally conservative slant on...
  • Tesla's 'GigaFactory': Batteries not included?

    03/22/2014 1:43:07 AM PDT · by Cincinatus' Wife · 7 replies
    Pittsburgh Tribune-Review ^ | March 21, 2014 | Daniel Mcgroarty
    To convey some sense of the audacity of Tesla's Elon Musk and his plans, consider that the sale of all-electric vehicles in the U.S. reached a high of 100,000 in 2013 — but that's still less than 1 percent of all cars sold. Enter Tesla's GigaFactory, aiming by 2020 for annual production of 500,000 lithium-ion battery packs. Under one roof — a very large one, at 10 million square feet — Tesla will “manage everything from processing raw materials to the assembly of the batteries.” All of which begs the question: Where is all that lithium going to come from?...
  • Car Dealers Are Terrified of Tesla’s Plan to Eliminate Oil Changes

    03/14/2014 12:35:29 PM PDT · by ckilmer · 33 replies
    samachar.com ^ | 03.14.14 6:30 AM | Marcus Wohlsen
    Car Dealers Are Terrified of Tesla’s Plan to Eliminate Oil Changes By Marcus Wohlsen03.14.146:30 AM   The Tesla Roadster 2.5. Image: Tesla Car dealers fear Tesla. In states across the country, powerful car dealer associations have lobbied to ensure the electric car maker and its direct-sales model are kept out. This movement claimed another victory this week when New Jersey banned Tesla stores in the state.On the surface, the fear is hard to fathom. In New Jersey, for instance, sales of Tesla’s $70,000 Model S reportedly number in the hundreds. But if you dig a little deeper, it becomes obvious...
  • Governor Christie, Luddite in Chief, bans Tesla sales in New Jersey

    03/13/2014 10:53:47 AM PDT · by lifeofgrace · 33 replies
    The Thanks Project ^ | 03/13/2014 | Steve Berman
    New Jersey has followed Arizona and Texas into the Dark Side, banning sales of Tesla Motors cars. I feel like I’m living a chapter from Ayn Rand’s Atlas Shrugged. The part of Hank Reardon is being played by Tony Stark Elon Musk, CEO of Tesla Motors (and CEO of SpaceX, and transportation visionary and software designer and physicist). James Taggart is played by Chris Christie, governor of New Jersey, Luddite in Chief.
  • New Jersey blocks Tesla sales in state

    03/12/2014 9:24:33 AM PDT · by nascarnation · 9 replies
    Silicon Valley Business Journal ^ | 4/12/14 | Eric Van Susteren
    The New Jersey Motor Vehicle Commission passed a ruling today that will block the sale of Tesla Motors Inc. vehicles in the state, according to Bloomberg, which could ding the company's growth plans. The rule would require an auto dealers franchise agreement in order to legally sell new cars in the state. But Tesla sells its cars through direct sales – from the manufacturer straight to the consumer. Tesla may have to close its two showrooms in the state, Bloomberg noted.
  • Tesla Just Took Its First Step Toward Obliterating The Power Companies

    02/27/2014 11:16:45 AM PST · by ckilmer · 35 replies
    news.nom ^ | Feb. 26, 2014, 6:21 PM | Rob Wile
    Tesla Just Took Its First Step Toward Obliterating The Power Companies By Rob Wile 19 hours ago   View photo. Elon Musk just announced details of Tesla's plan to start pumping out lithium ion batteries like M&Ms at its planned "Gigafactory." Obviously, it's big news for electric vehicles as this should bring down the cost of a very expensive component.But it has equal and possibly greater significance for renewable energy.We've explained that power storage is the key to unlocking widespread renewable energy. For renewables to be truly cost competitive with existing power sources, they need to be able to provide a...
  • Tesla reveals $5 billion Gigafactory, the world's largest battery plant

    02/26/2014 8:56:24 PM PST · by ckilmer · 93 replies
    recode.net ^ | 02/26/2014 | Justin Hyde
    Tesla reveals $5 billion Gigafactory, the world's largest battery plant By Justin Hyde 6 hours ago Motoramic   .View photo Tesla Motors No automaker has quite the momentum that Tesla Motors enjoys today. It sells every car it builds easily, with customers queuing around the globe. It's considered the best car for sale in America by several critics, and Wall Street has bought into Elon Musk's vision with a fervor rarely seen outside riverside baptisms. And yet everything Tesla stands for today and wants to accomplish in the future rides on a single stubborn, expensive piece of technology — the...
  • Tesla May Raise the Green Bar With New Battery Factory

    02/22/2014 7:54:51 PM PST · by ckilmer · 11 replies
    wallstcheatsheet ^ | February 22, 2014 | Eric Schaal
    Tesla May Raise the Green Bar With New Battery Factory Eric Schaal | More Articles February 22, 2014 As is often the case with Tesla Motors (NASDAQ:TSLA), expectations for the electric car company’s battery factory are sky-high. Tesla Chief Executive Elon Musk recently noted that the soon-to-launch factory would produce more lithium-ion batteries than all other sources on earth combined. In fact, word that the factory will be powered by sun and wind helps Tesla toward its stated goal of changing the sustainability quotient of the auto industry and thus U.S. culture as a whole.Musk’s appearances at town-hall-style meetings in Europe in...
  • The Electric Car Boondoggle (Cost comparisons)

    02/22/2014 10:58:52 AM PST · by jazusamo · 51 replies
    American Thinker ^ | February 22, 2014 | Matthew Hurwitz
    There are two electric cars on the market that have received a lot of attention in the media. One is GM's Chevy Volt and the other is the Tesla Model S. Extravagant claims have been made by both manufacturers to have us believe that these that these automobiles are practical and economical to drive. As we shall see, that is not really true when one takes into account all the factors which contribute to the total operating cost of each of these two vehicles. Chevy VoltThe manufacturer claims that "The Chevy Volt is the most fuel-efficient car with a gasoline...
  • Tesla's future rides on a massive battery plant

    02/22/2014 10:02:29 AM PST · by mandaladon · 48 replies
    CNN Money ^ | 22 Feb 2014 | Chris Isidore
    So far the story of Tesla Motors has been about exciting electric luxury cars and an even higher performing stock. Next week it will reveal plans for a much less sexy innovation that is more important to the company's future than either of those things: A huge new lithium battery factory dubbed the "Gigafactory" by Tesla founder Elon Musk. The plant is the key Tesla needs in order to produce an "affordable" long-range electric car in substantial enough numbers to join the ranks of the major automakers. "It's the future of the company," said Craig Irwin, analyst with Wedbush Securities....
  • Proof That Demand for the Tesla Motors, Inc. Model S Is Healthier Than You Think

    02/14/2014 9:18:55 AM PST · by ckilmer · 14 replies
    fool.com ^ | February 13, 2014 | By Nickey Friedman
    Recs 2   Proof That Demand for the Tesla Motors, Inc. Model S Is Healthier Than You Think By Nickey Friedman | More Articles | Save For Later February 13, 2014 | Comments (4) Demand has been so strong, you would think that Tesla (NASDAQ: TSLA  ) had the most popular commercial aired during the Super Bowl. Nope, Tesla has still refused to spend a single dime on advertising. If there was any concern about value and demand of Tesla's electric cars, there is a new indicator should quickly remove any last doubt.Tesla draws a crowd. Source: Tesla Motors The production...
  • What You Need to Know About Tesla Motors' Big Plans for the Chinese Auto Market

    02/14/2014 7:30:17 AM PST · by ckilmer · 11 replies
    fool.com ^ | February 13, 2014 | By Tamara Walsh
    What You Need to Know About Tesla Motors' Big Plans for the Chinese Auto Market By Tamara Walsh | More Articles | Save For Later February 13, 2014 | Comments (1) Tesla Motors (NASDAQ: TSLA  ) is hoping to unlock even more growth as it expands its operations overseas. The electric-car maker recently entered the world's largest auto market and plans to officially begin Model S deliveries in China as soon as next month. However, the real potential for Tesla comes as the automaker prepares to install its Supercharger network there.Value creation at its bestTesla's Supercharger network creates tremendous value for...
  • Another Tesla Caught On Fire While Sitting In A Toronto Garage This Month

    02/13/2014 7:11:42 PM PST · by NormsRevenge · 35 replies
    SFGate.com ^ | 2/13/14 | Linette Lopez - Business Insider
    Earlier this month, a Tesla Model S sitting in a Toronto garage ignited and caught on fire. The car was about four months old and was not plugged in to an electric socket, says a source. Fires are a touchy issue for the company, which reports Q4 2013 earnings on February 19th. Last year, three vehicles caught fire over the course of six weeks. The company has previously pointed out in a government filing that the lithium ion battery cells "have been observed to catch fire or vent smoke and flame." So the fires have raised concerns with consumers and...
  • Tesla Motors' Dirty Little Secret Is a Major Problem

    01/20/2014 6:22:29 PM PST · by logi_cal869 · 34 replies
    The Motley Fool ^ | 1/19/2014 | Katie Spence
    Energy independence, a reduction in greenhouse gas emissions, lower fuel costs: All of these promises are factors behind the rise in electric vehicles' popularity. Unfortunately, they're more fiction than fact. Here's why, and how it could affect companies like Tesla Motors (NASDAQ: TSLA  ) .Do you want cancer with that battery?Recently, the Environmental Protection Agency and the U.S. Department of Energy undertook a study to look at the environmental impact of lithium-ion batteries for EVs. The study showed that batteries that use cathodes with nickel and cobalt, as well as solvent-based electrode processing, have the highest potential for environmental impacts, including...
  • UAW Sets Up Organizing Committee at Tesla's Fremont Factory

    01/06/2014 4:14:33 PM PST · by nascarnation · 19 replies
    Autoblog Green ^ | 1/06/2014 | S. Blanco
    Tesla is happy to do things differently than other automakers, from the company-owned stores to the all-electric drivetrain. It also doesn't use union workers at its factory in Fremont, California (the former NUMMI plant, pictured). But now the United Auto Workers (UAW) is testing the waters for representation at the plant, according to a report in the San Francisco Chronicle. UAW President Bob King has revealed that the UAW has created an organizing committee in Fremont. How this would change things at Tesla – and whether it would be a good or bad thing – is not really known, but...
  • 3 Reasons Tesla Motors Will Dominate in 2014

    01/04/2014 10:31:44 AM PST · by ckilmer · 64 replies
    fool.com ^ | January 3, 2014 | Tamara Walsh
    3 Reasons Tesla Motors Will Dominate in 2014 By Tamara Walsh | More Articles | Save For Later January 3, 2014 | Comments (2) Tesla Motors (NASDAQ: TSLA  ) celebrated a record year in 2013, with the stock surging nearly 350% during the year. That's a serious improvement over Tesla's gain of just 7% in 2011. The electric-car maker passed many milestones along the way, including reporting its first quarterly profit and winning the academy award of autos as its zero-emissions Model S took home Motor Trend's 2013 "Car of the Year" award. With the stock growing in value from $32...
  • The Tesla battery swap is the hoax of the year

    12/22/2013 4:34:29 PM PST · by AlbertoZaragoza · 37 replies
    Watts Up With That ^ | 22-12-2013 | Alberto Zaragoza
    So here we are, fifteen months after Tesla started getting carbon credits for the battery swap. The company has already cashed out, probably for more than $60 million. Without building a single swap station, or demonstrating the feature in consumer cars, or bothering to provide any sort of explanation. I have emailed them, written on their Facebook page, posted in their forum. Their only “reaction” was to kinda make the battery swap disappear from their website. It’s impossible to get an actual response from the company. Tesla intends to shut up its way out of this mess. The question is,...
  • More Fires, More Subsidies for Tesla in California

    12/20/2013 9:53:42 AM PST · by jazusamo · 12 replies
    NLPC ^ | December 20, 2013 | Paul Chesser
    There’s that uncomfortable juxtaposition of words again: “Tesla” and “fire.” This time was quite an accomplishment by the electric automaker’s publicity department: they kept the Irvine, Calif. garage fire quiet for over a month. The secrecy expired on the November 15 incident when the Orange County Fire Authority attributed the incident to the EV’s re-powering set-up, according to a report obtained by Reuters. “The fire occurred as a result of an electrical failure in the charging system for an electric vehicle,” the report said, while stating the cause of the fire is unclear. “The most probable cause of this fire...
  • Tesla just got a $30-million tax break

    12/19/2013 3:57:11 PM PST · by lowbridge · 29 replies
    dailycaller.com ^ | december 19, 2013 | Giuseppe Macri
    The state of California just approved a $34.7-million tax break for electric car manufacturer Tesla Motors to expand the company’s production capability by another 35,000 additional units per year. As a result, Tesla will be exempt from paying sales and use taxes on its planned purchase of $415 million in new manufacturing equipment, which California estimates will result in a $24-million economic boon to the state’s economy.
  • Exclusive: Tesla Model S charging system may have started garage fire - California fire dept

    12/19/2013 9:14:24 AM PST · by NormsRevenge · 17 replies
    Yahoo! News ^ | 12/19/13 | Bernie Woodall and Norihiko Shirouzu - Reuters
    (Reuters) - A fire department in Southern California said a garage fire may have been caused by an overheated charging system in a Tesla Model S sedan, in the latest link between the top selling electric car and the potential for fire. While Tesla Motors Inc maintains that the fire was not related to the car or its charging system, the Orange County Fire Authority said the Tesla-supplied charging system or the connection at the electricity panel on the wall of the garage of a single-family home could have caused the fire. "The fire occurred as a result of an...
  • Tesla battery swap a fake - company gets $55M for non-existent feature

    12/08/2013 8:06:30 PM PST · by AlbertoZaragoza · 36 replies
    Doubting is thinking ^ | 9-12-2013 | Alberto Zaragoza
    The maximum amount of credits goes to a car that can go 300 miles and refuel to 95% of capacity within 15 minutes. The Tesla Model S falls short on range and, especially, on refuelling time. .... And so the joke begins. At the end of 2012, Californai decided that they needed a way to account for the Model S' ability to do a 90-second battery swap. This effectively meant it was refuelling a lot faster than its 15 minutes target, and to 100% capacity to boot. So the cancelled version remained at 4 credits, but the short-range version was...