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Keyword: tesla

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  • Why Teslaís announcement is such a big deal: The coming revolution in energy storage

    05/01/2015 11:11:05 AM PDT · by Brad from Tennessee · 49 replies
    Washington Post ^ | May 1, 2015 | By Chris Mooney
    Late Thursday, the glitzy electric car company Tesla Motors, run by billionaire Elon Musk, ceased to be just a car company. As was widely expected, Tesla announced that it is offering a home battery product, which people can use to store energy from their solar panels or to backstop their homes against blackouts, and also larger scale versions that could perform similar roles for companies or even parts of the grid. For homeowners, the Tesla Powerwall will have a power capacity of either 10 kilowatt hours or 7 kilowatt hours, at a cost of either $ 3,500 or $ 3,000....
  • Tesla CEO plugs into new market with home battery system

    05/01/2015 8:08:16 AM PDT · by Red Badger · 24 replies
    Phys.Org ^ | 05/01/2015 | by By Michael Liedtke And Jonathan Fahey
    Never lacking daring ideas, billionaire entrepreneur Elon Musk is determined to jolt the electricity market. The CEO of electric car maker Tesla Motors hopes to park hundreds of millions of large, solar panel-connected batteries in homes and businesses so the world can disconnect from power plantsóand he can profit. On Thursday night, before an adoring crowd and a party-like atmosphere, Musk unveiled how he intends to do it. Musk took the stage at Tesla's design studio near Los Angeles International Airport, an audience of drink-toting enthusiasts cheering him on, in a scene fitting for an audacious dreamer renowned for pursuing...
  • Tesla Unveils Battery To Power Homes (Solar Energy Storage & Backup Generator Alert)

    05/01/2015 12:33:33 AM PDT · by goldstategop · 74 replies
    BBC News ^ | 05/01/2015 | BBC News
    Chief executive Elon Musk announced the firm would build batteries that store solar energy and serve as a back-up system for consumers during blackouts. The device would allow consumers to get off a power grid or bring energy to remote areas that are not on a grid. Tesla plans to start shipping the units to installers in the US by this summer. In a highly anticipated event near Los Angeles, Mr Musk said the move could help change the "entire energy infrastructure of the world". "Tesla Energy is a critical step in this mission to enable zero emission power generation,"...
  • Tesla Could Be Changing The Dynamics Of Global Energy

    04/28/2015 10:13:13 AM PDT · by bananaman22 · 43 replies
    Oilprice.com ^ | 28-04-2015 | Prince In White Tesla
    Teslaís announcement last week about creating a new line of batteries for use by businesses, consumers, and the electrical grid at large is a game-changer for the industry. Currently, when individuals or companies need back-up power, they usually rely on generators. Effective battery storage for large amounts of energy would be a game changer in that it would enable a separation of generation and use of energy produced through clean fuels like solar and wind power. The big problem with solar and wind right now is that the energy is only useful when it is actually produced and, because a...
  • The Tesla Gigafactories Are Coming. Can Global Lithium Supply Keep Up?

    04/26/2015 7:06:29 PM PDT · by ckilmer · 42 replies
    The Tesla Gigafactories Are Coming. Can Global Lithium Supply Keep Up? Many investors are dreaming of the growth that Tesla Motors' Gigafactory could unlock, but is there enough global lithium to enable the growth in the first place? † Venture capitalist Steve Jurvetson (left), shown here on the roof of the Gigafactory with Tesla CTO JB Straubel (right), has invested in Elon Musk through SpaceX and Tesla. Image source: Steve Jurvetson/Flickr.Five hundred thousand electric vehicles per year, a steady supply of household energy storage devices to be coupled with residential solar, and a doubling of global lithium ion battery production...
  • Teslaís Mystery Product May Be Battery Power For Your†Home

    04/22/2015 11:21:57 AM PDT · by Citizen Zed · 34 replies
    cbs sf bay ^ | 4-22-2015
    Tesla shares (TSLA) are getting a charge from a Bloomberg report that the company will unveil a home battery and a large-scale utility battery, at an event at its Hawthorne design studio next week. Bloomberg got a hold of an email from Teslaís investor-relations chief saying the company will explain the benefits of Teslaís solutions compared to battery options in the past. There has been speculation that Tesla will look to challenge the traditional utility power grid with home and utility batteries, and a research note from Deutsche Bank says Tesla could be at the forefront of an energy storage...
  • Tesla introduces new $75,000 car: the Model S 70D (Entry Level)

    04/08/2015 10:54:33 AM PDT · by C19fan · 102 replies
    CNN ^ | April 8, 2015 | Octavio Blanco and Peter Valdes-Dapena
    Tesla has just introduced a new entry level car, but before you fire up your laptop to order one, you should know it's even more expensive than Tesla's current starter vehicle. The car it announced on Wednesday is called the Tesla Model S 70D and it'll start at $75,000, although buyers are eligible for a federal tax credit that brings the price down to $67,500. The Model S starts at $70,000.
  • Demand for electric vehicles in Western Pennsylvania still low

    04/08/2015 2:05:29 AM PDT · by Cincinatus' Wife · 44 replies
    Pittsburg Tribune-Review ^ | April 7, 2015 | David Conti
    Jake Pultorak chuckles at the mention of ďrange anxiety,Ē the fear among some electric vehicle owners that their car's battery will run out of juice before the driver can find a charger. ďI had that as a gas-car driver, but the anxiety was over how much I had to pay to get where I was going,Ē said Pultorak, 44, of Franklin Park, who has owned an all-electric Tesla Model S for about two years. Worries at the gas pumps have diminished over the past nine months as the global crash in oil prices brought the cost of gasoline to its...
  • Lovefest: Tesla Model S Owners More Likely To Recommend The Brand

    04/05/2015 5:36:33 PM PDT · by LogicDesigner · 152 replies
    FOX News ^ | March 30, 2015 | Bengt Halvorsen
    While Tesla Motors continues to fight it out on a state level with dealership groupsómost recently gaining ground in Georgia but getting shut out in West Virginiaóone thing is for sure about the automaker's product: The Tesla Model S is, again and by far, the most-loved vehicle in the U.S. The Tesla Model S, according to the market-research firm Strategic Vision, boasts figures of Ďloveí from their overall vehicle experience that handily top those for much-loved sports-car models like the Porsche Boxster and 911. A whopping 92 percent of owners of the Model S summed their experience in the top...
  • Tesla reports 'record' quarter for auto sales

    04/04/2015 9:42:47 AM PDT · by Red Badger · 52 replies
    Phys.Org ^ | 04/04/2015 | Staff
    Electric carmaker Tesla announced Friday it delivered a "record" number of vehicles in the first quarter, as it began more timely reporting of sales figures. The California firm started by tech entrepreneur Elon Musk said it sold 10,030 cars in the first three months of 2015. "This was a new company record for the most cars delivered in a quarter and represents a 55 percent increase over the first quarter last year," the company said in a statement. Going forward, Tesla said it would publish the number of new car deliveries within three days of quarter end. "We have decided...
  • Author provides inside look at Argonne National Laboratoryís efforts to build a Ďsuper batteryí

    03/30/2015 4:11:19 PM PDT · by ckilmer · 29 replies
    uchicago.edu ^ | March 27, 2015 | By Laura Alessio
    Author provides inside look at Argonne National Laboratory‚Äôs efforts to build a ‚Äėsuper battery‚Äô By Laura Alessio March 27, 2015 So secretive were efforts to create the first self-sustained nuclear reaction in 1942 that physicist Enrico Fermi and his Manhattan Project team quietly toiled beneath the stands of Stagg Field and communicated with each other in code.That breakthrough ushered in the nuclear age, but also led to the creation of the country‚Äôs first national lab, Argonne National Laboratory. Some 70 years later, with 20 countries racing to achieve another world-changing scientific shift‚ÄĒto design and build a better rechargeable ‚Äúsuper battery‚ÄĚ‚ÄĒArgonne...
  • Electric Cars Leave Behind A Cloud Of Carbon Dioxide

    03/26/2015 7:39:12 AM PDT · by rktman · 56 replies
    investors.com ^ | 3/25/2015 | KERRY JACKSON
    Another name for electric cars is "coal-powered cars." That doesn't sit well with those who want to demonstrate their green bona fides by driving a plug-in vehicle. But it is in many cases accurate. Anyone who begs to differ can take up the argument with Chris Kennedy, a professor of civil engineering at the University of Toronto. He told the Canadian Broadcasting Corp. that, depending on the province, an electric car can produce more carbon dioxide than a gasoline-powered car.
  • New Jersey Throws It Into Reverse, Welcomes Tesla

    03/18/2015 2:10:53 PM PDT · by LogicDesigner · 6 replies
    Forbes ^ | March 18, 2015 | Micheline Maynard
    Last year, New Jerseyís state legislature told Tesla its selling style wasnít welcome. But now, Elon Muskís electric car company is back in the Garden Stateís good graces. On Wednesday, Gov. Chris Christie signed a bill that allows Tesla to sell cars directly to consumers, Bloomberg reported. The move is part of a bill that overhauls the stateís automobile franchise laws. Under the new law, Tesla has to meet some criteria, such as maintaining a service center in New Jersey where the electric vehicles can be fixed. ... But Texas lawmakers have refused to let the company sell directly to...
  • Tesla denies reports about gigafactory construction delay

    03/08/2015 11:45:21 AM PDT · by E. Pluribus Unum · 8 replies
    8NewsNow.com ^ | 03/08/2015
    <p>RENO, Nev. (AP) -- Electric-car maker Tesla Motors is denying reports that construction has been delayed on its gigafactory about 15 miles east of Reno.</p> <p>The International Brotherhood of Electrical Workers, in an online job posting, says the project has been delayed.</p>
  • Tesla should stop accepting subsidies says WSJ

    03/01/2015 6:40:39 PM PST · by thackney · 49 replies
    ecomento.com ^ | February 25, 2015 | STEVE HANLEY
    The European edition of The Wall Street Journal has said in an editorial that Tesla Motors should stop accepting federal and state subsidies. ďLast year Tesla made a roughly $150 million killing from selling ZEV credits. Thatís up from $130 million in 2013, $32 million in 2012, and $3 million in 2011. All told in 2014 Tesla sold about $216 million in credits,Ē the newspaper said. It goes on to say, Capitalism needs visionaries, but its reputation suffers when companies worth billions soak middle-class taxpayers for profits. Turn off the taxpayer tap, Mr Musk. It would earn you more friends...
  • Meet the fast-charging, affordable Ďfutureí car that Elon Musk hates

    02/25/2015 12:04:07 PM PST · by ckilmer · 171 replies
    Meet the fast-charging, affordable ‚Äėfuture‚Äô car that Elon Musk hates By Drew Harwell February 25 at 8:00 AM The Toyota that runs on hydrogen fuel cells(3:23) Toyota's Mirai will be one of the first mass-market cars to run on hydrogen fuel cells, which convert compressed hydrogen gas to electricity, leaving water vapor as the only exhaust. (Toyota) Toyota this week¬†officially rolled out what it's betting will mark "a¬†turning point" in automotive history ‚ÄĒ a¬†sleek, affordable, eco-friendly "future"¬†car that can drive for¬†300 miles, takes less than five minutes to charge and comes with three years of free fuel.It's everything¬†haters of gas-guzzling...
  • Chinaís electric car boom: should Tesla Motors worry?

    02/20/2015 6:25:55 AM PST · by ckilmer · 23 replies
    fortune ^ | February 19, 2015, 7:00 AM EST | Levi Tillemann
    China’s electric car boom: should Tesla Motors worry? by  Levi Tillemann February 19, 2015, 7:00 AM EST   Up until recently, China has been an underperforming electric vehicle market, while Tesla has been an over-achieving electric vehicle company.Tesla Motors CEO Elon Musk has threatened to fire key executives from his China team after weak sales of the automaker’s luxury electric cars. And last week, the company’s chief marketing officer in China resigned. Although the media widely covered the management shakeup, the press has largely ignored the context: a massive boom in China’s market for electric cars. For after years of...
  • Strange Bedfellows: Consumer Groups, Koch Brothers Unite To Back Tesla Stores

    02/18/2015 12:34:09 PM PST · by LogicDesigner · 28 replies
    Green Car Reports ^ | February 18, 2015 | Stephen Edelstein
    War makes strange bedfellows. Over the past decade, the Koch Brothers have become a major political force, funneling money from their family company into organizations that support conservative politicians and causes--including the denial of climate change. So Charles and David Koch wouldn't seem like enthusiastic supporters of electric-car maker Tesla Motors. Yet the Koch-funded group Americans for Prosperity is one of 10 signatories on a letter sent to U.S. governors and legislators urging them to support Tesla's direct-sales business model.
  • Tesla Model S Battery Life: How Much Range Loss For Electric Car Over Time?

    02/17/2015 7:36:42 AM PST · by LogicDesigner · 71 replies
    Green Car Reports ^ | February 17, 2015 | David Noland
    ... Based on 84 data points from the 85-kWh version of the Model S and six from 60-kWh cars, the study concludes that the Model S will retain about 94 percent of its capacity after 50,000 miles, with losses thereafter shrinking to about 1 percent per 30,000 miles. That means that after 100,000 miles, the typical Model S is projected to retain about 92 percent of its battery capacity and range.
  • As high-speed rail gains momentum, U.S. can look to Europe's example

    02/16/2015 5:02:12 PM PST · by Oldeconomybuyer · 38 replies
    Los Angeles Times ^ | February 15, 2015 | By ANASTASIA LOUKAITOU-SIDERIS
    Most of the debate over the building of the nation's first bullet train, in California, has focused on the economics of such a monumental undertaking and its projected $68-billion first-phase price tag. Largely ignored amid the excitement over the railway's recent official groundbreaking is the physical impact and design challenges that cities will need to grapple with as they prepare for high-speed rail. California should look to rail systems across Europe to fully understand the challenge of building a transportation hub that connects to the community. To make the most of California's once-in-a-lifetime chance at building a thriving transportation network,...
  • Apple has 'several hundred' workers designing new electric car, codenamed 'Titan' - report

    02/14/2015 4:07:50 AM PST · by shove_it · 219 replies
    AppleInsider ^ | 13 Feb 2015 | Sam Oliver
    The smoke surrounding rumors of an Apple-branded vehicle has begun to thicken, as a new report says that Apple is indeed working on an all-electric vehicle that would take the shape of a minivan, with a huge team tasked to the project. Apple has given the project codename "Titan," according to the Wall Street Journal. The company is said to have "several hundred" employees working in the group. Apple CEO Tim Cook reportedly green-lighted the project almost a year ago, and company executives have already begun to meet with potential contract manufacturers, including Canadian firm Magna Steyr. Apple iPod and...
  • Apple hiring automotive experts to work in secret research lab

    02/13/2015 1:27:47 PM PST · by Star Traveler · 67 replies
    Financial Times ^ | Friday, February 13, 2015 | Tim Bradshaw, Andy Sharman
    Apple is recruiting experts in automotive technology and vehicle design to work at a new top-secret research lab, said several people familiar with the company, pointing to ambitions that go beyond the dashboard. Dozens of Apple employees, led by experienced managers from its iPhone unit, are researching automotive products at a confidential Silicon Valley location outside the companyís Cupertino campus, the people said. Sir Jonathan Iveís team of Apple designers has held regular meetings with automotive executives and engineers in recent months, in some cases trying to hire them. Recent recruits to Appleís team include the head of Mercedes-Benzís Silicon...
  • CarPlay's Emerging Dominance

    01/24/2015 7:22:05 PM PST · by Swordmaker · 17 replies
    TGAAP ^ | Jan 23, 2015 | by: Mark Reschke
    31 car companies and counting. Apple is closing in on adding every major, or exotic, car manufacturer on the planet to their CarPlay solution. Third party makers such as Alpine and Pioneer are also making aftermarket CarPlay receivers. Kenwood said only months ago it really did not need CarPlay, but in early January at the Detroit Auto Show, Kenwood announced its forthcoming CarPlay decks, as did JVC. The four major aftermarket deck manufactures are now building for CarPlay. High-end smartphone market share was clearly going to shape which platforms auto makers would support, and Apple is dominating the U.S....
  • 5 things Steve Jobs said Apple would never do - and Apple is doing

    01/19/2015 11:18:56 AM PST · by martin_fierro · 160 replies
    Money/CNN ^ | 1/19/15 | David Goldman
    Go to the link for details, but herein I break it down for ya bruvva Introducing styluses Small iPads Large screen iPhones Lifelike-looking software/icons ("skeuomorphism") Restoring philanthropy
  • Elon Musk Threatens Layoffs After Tesla Sold Just 120 Cars in China Last Month

    02/12/2015 3:16:27 PM PST · by 2ndDivisionVet · 31 replies
    Entrepreneur Magazine ^ | February 11, 2015 | Geoff Weiss
    Though initially heralded by Elon Musk as Teslaís biggest potential market after the United States, China is shaping up to be an enormous blind spot for the electric car maker. Tesla sold just 120 cars in China last month, according to Reuters -- a dismal figure that has Musk seeing red. He allegedly blasted out an email to managers in China in January threatening to fire and demote executives who were ďnot on a clear path to positive long-term cash flow.Ē And so it is. Today, June Jin, Teslaís vice president of communications in China, has left the company, Bloomberg...
  • New NADA Chairman Will Continue Anti-Tesla 'Get The Facts' Campaign

    02/05/2015 3:15:02 PM PST · by LogicDesigner · 39 replies
    Green Car Reports ^ | February 5, 2015 | John Voelcker
    Last June, the National Automobile Dealers Association launched a publicity campaign to convince car buyers why it's in their own best interests that dealers make it illegal to buy a car from Tesla Motors. The campaign is called "Get the Facts," and it now includes a handful of animated videos, infographics, fact sheets, and other publicity materials. While it's not clear that the campaign has had a great deal of effect on car buyers' attitudes toward dealers, NADA's new chairman plans to continue the campaign.
  • Tesla Model S P85D 'Insane' Mode: NSFW Video Shows How Insane It Really Is

    01/28/2015 12:57:48 PM PST · by LogicDesigner · 183 replies
    Green Car Reports ^ | January 28, 2015 | John Voelcker
    Many Tesla fans and electric-car drivers now know about the Model S P85D, Tesla's all-wheel-drive electric car that's arguably the fastest four-door sedan on the market. What most of them likely don't know is just what the car's ultimate performance mode, called "Insane," actually feels like. Now there's a video out from Drag Times that shows how astoundingly, jaw-dropping, amazingly, startlingly, incredibly insane the Insane mode actually is. NOTE: Video is NSFW, has rude words (delivered in tones of shock, horror, awe, amazement, and joy). With 1.3 million views in three days, the reactions to Drag Times CEO Brooks Weisblat's...
  • Tesla Is No Free Market Champion

    01/27/2015 5:09:39 AM PST · by IBD editorial writer · 19 replies
    Investor's Business Daily ^ | 01/26/2014 | John Merline
    Some conservative types have been extolling the electric car company Tesla's fight against archaic and anti-consumer laws that prevent direct-to-consumer car sales. But Phil Kerpen, writing in National Review Online, cautions that Tesla Motors (NASDAQ:TSLA) is hardly a model of free-market capitalism. In fact, he says, the company wouldn't last long without massive government subsidies.
  • Tesla P85D Destroys Dodge Challenger Hellcat On Dragstrip: Electric Car Thrashes 707-HP Hemi (Video)

    01/20/2015 11:57:06 AM PST · by LogicDesigner · 263 replies
    Green Car Reports ^ | Jan 19, 2015 | John Voelcker
    Say "P85D" to Tesla owners and fans, and you will see the drooling and twitching and heavy breathing and lustful stares--and more drooling--that Tesla's fastest, highest-performance electric car brings. The same happens with the word "Hellcat" for fans of high-powered Hemi V-8 performance. Now, courtesy of two owners--each convinced that their car is the fastest, baddest beast on the road--we know what happens when the two cars face off on the drag strip. Two days ago at Palm Beach International Raceway, a Tesla Model S P85D and a 2015 Dodge Challenger Hellcat competed in the traditional quarter-mile drag race. Hint:...
  • Elon Musk: The new Tesla Roadster can travel some 400 miles on a single charge

    12/26/2014 7:07:15 PM PST · by 2ndDivisionVet · 136 replies
    The Washington Post's The Switch Blog ^ | December 26, 2014 | Brian Fung
    Car nerds, you just got an extra present under the tree. Tesla announced Friday an upgrade for its Roadster, the electric car companyís convertible model, and said that the new features significantly boost its range -- beyond what many traditional cars can get on a tank of gasoline. The company is installing three retrofits for the vehicle. First up is a battery upgrade that marks a 31 percent increase in capacity. Next is an ďaero kitĒ thatíll alter the carís profile slightly, producing a 15 percent reduction in wind drag. Finally, the Roadster will be getting new, more efficient tires....
  • Tesla Drivers Don't Be Too Smug: Electric Cars Are Not So Green, Says Study

    12/18/2014 1:03:43 PM PST · by SeekAndFind · 36 replies
    Reason ^ | 12/18/2014 | Ronald Bailey
    In a new study in The Proceedings of the National Academy of Sciences University of Minnesota researchers report in various scenarios that vehicles using alternative fuels are often more harmful to human health than are conventional gasoline-powered automobiles. From the abstract: We find that powering vehicles with corn ethanol or with coal-based or ďgrid averageĒ electricity increases monetized environmental health impacts by 80% or more relative to using conventional gasoline. PNAS The AP reported: "It's kind of hard to beat gasoline" for public and environmental health, said study co-author Julian Marshall, an engineering professor at the University of Minnesota. "A...
  • Lawrence Berkeley Lab team helps lead charge to revolutionize energy storage

    11/21/2014 2:07:57 PM PST · by ckilmer · 18 replies
    libreprensa ^ | 11/20/2014 10:53:33 AM PST | Jeremy Thomas
    Lawrence Berkeley Lab team helps lead charge to revolutionize energy storage By Jeremy Thomasjethomas@bayareanewsgroup.comPosted: † 11/20/2014 10:53:33 AM PST2 Comments | Updated: † a day ago † † BERKELEY -- Imagine an electric car with the range of a Tesla Model S -- able to reach Lake Tahoe from the Bay Area on a single charge -- but at one-fifth the $70,000 price tag for the luxury sedan.† † Or a battery not only able to provide many times more energy than today's technology but also at significantly cheaper prices, meaning longer-lasting and less expensive power for cellphones, laptops and...
  • Tesla keeps ZEV scam alive...by building a fake swap station!

    11/10/2014 2:41:59 AM PST · by AlbertoZaragoza · 1 replies
    Doubting is thinking ^ | 11/9/2014 | Alberto Zaragoza Comendador
    CARB and Tesla Motors have fooled us all. Tesla will keep selling cars as usual but, quietly, they will be earning 9 ZEV credits for each of them rather than the 4 they legally deserve - on the basis of a few thousand battery swaps that never actually took place. By the time everybody realizes what has happened, it will be too late.
  • 'Anti-Tesla Bill' Means Economic Loss for Michigan

    10/25/2014 8:35:33 AM PDT · by Kaslin · 67 replies
    Townhall.com ^ | October 25, 2014 | Jared Meyer
    Against the interests of Michiganders, Governor Rick Snyder has signed a bill banning Tesla Motor¬ís direct-to-consumer automobile sales in the state.The original focus of House Bill 5606 was on determining how franchise-dealership fees are charged. Then, right before the vote, an amendment banning automobile sales directly to consumers was added by State Senator Joe Hune. This backhanded maneuver shielded the amendment from public comment and debate. Passed unanimously in the State Senate and with only one dissenting vote in the House, the ¬ďanti-Tesla bill¬Ē is an economic loss for Michigan. The state will miss out on tax revenue from sales...
  • Michigan to Tesla Motors: You're Not Welcome

    10/22/2014 4:31:03 AM PDT · by LogicDesigner · 72 replies
    Forbes ^ | October 21, 2014 | Micheline Maynard
    Michiganís Republican governor signed legislation on Tuesday that officially bans Tesla Motors and any other carmaker from selling directly to consumers in the state. But Rick Snyder, who is seeking re-election next month, maintained in a letter to lawmakers that the bill simply clarified the stateís existing law and that such direct sales already were not legal in Michigan, home to Detroitís big auto companies. Now, state law requires that Tesla, or other car companies, must sell vehicles through networks of franchised dealers. If the company doesnít have its own network, the state requires it to sell vehicles through another...
  • How Can Tiny Norway Afford to Buy So Many Teslas? [Subsidies and 'Carbon Laundering']

    10/20/2014 12:15:18 PM PDT · by Scoutmaster · 13 replies
    Stephen J. DUBNER: As you likely know, the American automobile company Tesla makes some of the most desirableĖand expensiveĖelectric cars in the world. The company is currently valued at roughly $31 billion. Compare that to the $55 billion market cap of the Ford Motor Company.Tesla, however, last year sold fewer than 25,000 cars while Ford sells more than 6 million vehicles a year, or roughly 240 vehicles for every single Tesla. Tesla currently has just one vehicle in production, the Model S luxury sedan. In the U.S. the starting price is a bit more than $70,000.Americans buy more Model Sís...
  • A Raw Deal in Michigan

    10/17/2014 6:11:10 AM PDT · by LogicDesigner · 9 replies
    Tesla Motors ^ | October 16, 2014 | The Tesla Motors Team
    On October 1, the Michigan Automobile Dealers Association succeeded in passing a bill that is harmful to consumers. The bill, HB5606, was originally a single amendment to existing law designed to ensure that the car dealers can tack additional fees on to the purchase price for all vehicles (from any manufacturer) sold in Michigan. Such fees have a controversial history, are generally regarded with skepticism and have been the subject of consumer concern in other states. Not content with enshrining their ability to charge consumers dubious fees, on the last day of the legislative session, the dealers managed to make...
  • Tesla D Buyers Shouldn't Get Tax Credit

    10/16/2014 1:45:48 PM PDT · by jazusamo · 33 replies
    NLPC ^ | October 16, 2014 | Mark Modica
    Environmentally conscientious, wealthy car enthusiasts are in luck! The much-hyped "D" unveiling came last week as Tesla CEO, Elon Musk, presented what appears to be a very impressive version of its plug-in Model S electric car called the P85D. Boasting 691 horsepower, 687 ft/lb of torque, AWD and a blazing 3.2 second zero to sixty time, the new rich peoples' toy is expected to cost in the neighborhood of $120,000. In fact, the car is so darn impressive that the only obvious question is why in the world do we need to give the affluent purchasers of cars like...
  • Why Tesla's Next Big Thing Could Flip the Auto Industry Upside Down

    10/05/2014 6:40:13 PM PDT · by ckilmer · 133 replies
    fool.com ^ | Daniel Sparks | Daniel Sparks
    Why Tesla's Next Big Thing Could Flip the Auto Industry Upside Down By Daniel Sparks | More Articles | Save For Later October 5, 2014 | Comments (10) Tesla Motors (NASDAQ: TSLA††) is calling it the Gigafactory. The electric-car maker estimates that the $5 billion factory will boast lithium-ion battery production that by 2020 will exceed the entire world's 2013 lithium-ion battery production. The factory, Tesla says, is necessary for the company to bring the economies of scale to batteries that will enable Tesla to launch an electric vehicle at half the price of its Model S by 2017, one...
  • 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 ó attempting to prevent Heidfeld from taking the lead ó 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 taxpayersí 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 Motorsí $5 billion battery factory to the state. Republican Gov. Brian Sandoval urged legislators in the two Democrat-controlled houses to seize an ďextraordinary opportunityĒ to land the electric car makerís ďgigafactoryĒ 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 Motorsí (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. ďThe 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 companyís 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 ďprivilegeĒ of hosting Teslaís ďGigafactoryĒ Ė 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. Ė 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 ‚Äčinterest 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.