The Shanghai government will fully assist Tesla to build Gigafactory in China. (Via Twitter)
Breaking News:
Official video from China ?? Shanghai government:The Shanghai government will fully assist Tesla to build Gigafactory in China ?? Shanghai Lingang and put it into production as soon as possible. $TSLA #TeslaChina #Teslahttps://t.co/zWPRSH9ds4 pic.twitter.com/HgjdS2DCPD
— vincent (@vincent13031925) August 12, 2018
Tesla, Elon Musk and the Breadcrumbs We Failed to Follow
Tesla CEO Elon Musk has been waiting for a long time to take Tesla private. Back in 2013 he wrote to SpaceX employees that If being a public company diminishes that likelihood, then we should not do so until Mars is secure. He also went on to say that Tesla and SolarCity are public because they don’t have a choice.
If we read between the lines, Elon Musk has said that if there was choice then he would have kept Tesla private. Now that the company is approaching profitability Tesla has the standing to attract private investors. Read More
Two lawsuits accuse Elon Musk of false statements to boost Tesla share price (CNN)
Two new lawsuits accuse Tesla and its CEO Elon Musk of violating federal securities law by allegedly making false statements to boost the company’s stock price.
The complaints, filed in federal court in San Francisco this week, claim Musk sought to mislead investors when he said on Twitter that he had secured the funding to take Tesla private. Read More
Tesla Model 3 2170 Battery Cell Format is Years Ahead of Anything Else
When Tesla boasted that its Model 3 batteries were “the highest energy density cells used in any electric vehicle,” it may or may not have known that this would hold true for years to come. I suspect they knew very well because Panasonic made it very clear that they had already achieved something that every battery competitor is trying to do – reduce the amount of cobalt used in each cell. Read More
The Global EV Market is Quickly Becoming Nissan Leaf vs Tesla Model 3 Battle
Make no mistake, Nissan LEAF is the real king in the EV world. Since 2010, Nissan has sold more than 320,000 LEAFs all over the world. The “2018 World Green Car” award winner recorded 54,451 deliveries in 2017, a 15% increase from 47,423 a year earlier.
Tesla has now sold more than 360,000 cars worldwide, but that includes Tesla 2008 Roadster, Model S, Model X and Model 3. Tesla the EV maker has gone past Nissan LEAF. Read More
This Is What Happens When Tesla and Model 3 Has No Competition
Even when the call came, the competition fell asleep at the wheel.
The Subject? Reservations for Tesla Model S and Model X were coming, even though Tesla decided to cap production at 100,000 units for 2018. Buying competitors electric vehicles, available for the past several years with unmentionable range, was always an option but lacked the allure of a company with a steadily growing network of superchargers. Read More
Saudi Arabia’s massive investment fund said to be uninterested in funding Tesla’s idea to go private (CNBC)
Saudi Arabia’s Public Investment Fund (PIF) has shown no interest so far in financing Tesla CEO Elon Musk’s proposed $72 billion deal to take the U.S. electric car maker private, despite acquiring a minority stake in the company this year, two sources familiar with the matter said. Read More
Grand Theft Auto: Tesla Boasts Impressive Stolen Car Recovery Rate. Really?
Of the 138 Teslas stolen in the U.S. between 2013 and May 2018, only 2 cars were never recovered. How is that possible when the average recovery rate of stolen automobiles in the United States has consistently been in the mid-double-digits? That’s the question that rudely interrupted my thoughts while reading about it in Market Watch.
That’s an amazing statistic, isn’t it? Read More
About Tesla’s “99% of the US population is within 150 miles of a Supercharger” Line
Tesla is not a very easy company to like. And Elon Musk is not a very easy man to like. But at the end of the day, you have to make a choice: love what he does and wish him well, or shut up and live your life, already. But that’s just not possible. If you can’t love him, you gotta hate him.
You have to appreciate his foresight to build a Supercharger network that is accessible by 322,443,000 Americans. Read More
Tesla Keeps Registering Model 3 VINs. 98% of the latest batch is Dual Motor
Tesla has been on a Model 3 VIN registering spree since the start of this month. The electric car maker has registered 20,715 Model 3 VINs this month, that’s just 357 units shy of what Tesla registered in July.
A quick look at the highest possible VINs Tesla registered at the end of every month shows how the production has been set on a steep upward slope. Read More
Tesla may Open Source Vehicle Security Software to Other Car Manufacturers
Tesla CEO Elon Musk announced via twitter that the company is “planning to open-source Tesla vehicle security software for free use by other car makers. Extremely important to a safe self-driving future for all.”
Back in 2014, Tesla decided to give away its patents for free. The company said that “Tesla will not initiate patent lawsuits against anyone who, in good faith, wants to use our technology.” Read More
Elon Musk’s plan to take Tesla private isn’t crazy. Just ask Henry Ford (Via Autoblog)
Although Elon Musk’s proposed idea of taking Tesla private seems like something totally unthinkable, there really is precedent for this in the auto industry — something that occurred nearly 100 years ago.
Henry Ford, who was to cantankerousness what Musk is to showmanship, was annoyed with minority shareholders who wanted things such as higher dividends to be paid out during the 1910s. The way they thought this could be accomplished was through raising the price of the Model T. Henry was completely outraged by having anyone tell him how to run his business. Read More
