We're here at the Tesla Design Studio in Los Angeles, where Elon Musk just unveiled his startup's third vehicle: an SUV it calls the Model X. It's party piece is a pair of double-hinged "Falcon Wing" rear doors which apparently make loading people and things easier, as you reach into the car not over it.
21,537 vehicles through the first half of 2015.And that's where the big question the company has to answer comes in.Tesla reports second-quarter earnings on Wednesday, after the close. CEO and Elon Musk will hold a conference call with analysts after the numbers are released. We'll be covering the earnings announcement and the call, so check back.
This past week, Tesla pulled the cover off its hotly anticipated new crossover SUV , the Model X. Elon Musk's startup electric-car maker threw a very big, very Tesla party in Fremont, California, where Tesla's is headquartered and operates its main factory. We already knew pretty much everything about the Model X, but seeing was definitely believing.
Tesla's news today wasn't just about " Ludicrous Mode " along with more range and cheaper entry-level Model S , with CEO Elon Musk also discussing the roadmap for the company's next three new cars. Nearest at hand is the Tesla Model X, the electric SUV, which Musk said is on track for the first deliveries in two months time.
"Tesla is essentially learning how to become a manufacturing company on the fly," wrote analysts at RBC Capital Markets. "While we don’t have meaningful reason to doubt Tesla can eventually get to their targets, doing so in a timely matter without some growing pains could prove challenging."The confusion is palpable.
Bloomberg's Dana Hull quoted New York University professorGalloway, who made the bold claim that Tesla isn't a car company — it's a luxury brand.Here's the thing about those three events: only one person in the mix seems to understand what Tesla actually is.
do Ludicrous because Ludicrous speed is stupid." Instead of pure straight-line speed, Palmer claims the electric Astons will aim deliver a complete driving experience with track capable speed and handling.Tesla challengers have come along.
Tesla has been doing very well with its Model S electric vehicle. The Model S is one of the best selling EVs in the country and is the EV with the best driving range, it also happens to be the most expensive EV on the market right now. The next model from Tesla will be the Model X SUV and recently a prototype of that Model X was spied cruising the streets in Berkley, California.
Since the end of the financial crisis, there have been four carmakers that have staged IPOs: General Motors and Tesla in 2010, Fiat Chrysler Automobiles earlier this year, and Ferrari last week . And General Motors doesn't entirely count, because the company was reentering the public markets after its 2009 bankruptcy.
Tesla is adding a Ludicrous Mode to its Model S, introducing a new "smart fuse" that allows the 0-60 mph time to be cut to just 2.8 seconds. Rather than using a traditional fuse that melts if the voltage gets too high, Tesla has developed an electronic version with its own battery, which tracks current in real-time and is pyro-actuated to cut the power if necessary.
Regulatory approvals received, so Autopilot rolling out to all countries! (Excluding Japan, which is still under review) — Elon Musk (@elonmusk) October 23, 2015At the launch of its latest Autopilot features , Tesla CEO Elon Musk noted that it would roll out the new vehicle capabilities to nations outside the United States once it got regulatory approval.
Tesla revealed its pricing scheme for its upcoming Model X electric SUV on Tuesday when it sent out online configurators to prospective buyers. The limited edition first-run, dubbed the Signature Series, will reportedly retail for $132,000. For the base model . Granted, the Signatures will come with most every feature Tesla offers, like Autopilot .
During an interview with German business newspaper Handelsblatt on Thursday, Elon Musk unleashed some very CE-Oh No He Didn't!-worthy words about Apple's car efforts. "They have hired people we've fired," he responded when asked if he was worried about a new competitor that's been snapping up former Tesla engineers.
Tesla is offering a larger 90 kWh battery pack for the Model S, extending range, while also making its entry-level electric car more affordable. The new battery, a $3k upgrade, will be offered as an option on all 85 kWh Model S cars, improving range by 5-percent.
Tesla decides to recall every single Model S vehicle due to a single, isolated incident regarding a seatbelt. One single customer, apparently, turned around to speak with a person in the back seat of their Tesla Model S vehicle, and a seatbelt bolt came undone. No-one was hurt, and the bolt was the sort that tightens the seatbelt in the event of an accident.
Adam Jonas is Morgan Stanley's lead auto analyst and a reliable Tesla bull with a $450 target price on a stock currently trading around $230. But he's also the guy who asks the crazy, out-there questions on conference calls after quarterly-earnings announcements.
They have hired people we’ve fired. We always jokingly call Apple the 'Tesla Graveyard.' If you don’t make it at Tesla, you go work at Apple. I’m not kidding," Musk says.Tesla Motors CEO Elon Musk doesn't think very much of Apple's reported plan to build an electric car , he revealed in an interview with German newspaper Handelsblatt .
Each week our friends at Inhabitat recap the week's most interesting green developments and clean tech news for us -- it's the Week in Green.
After three years of anticipation Tesla just launched its latest electric car. The company says the Model X is the world's safest SUV; it can go from 0-60 in 3.2 seconds; and it comes with a "bioweapon defense mode" in case of... well, the apocalypse .