Category Archives: Tesla

News and reviews of Tesla electric cars (including plug-in hybrids).

Tesla’s used car sales ecosystem growing rapidly

As part of its progress towards becoming a fully-fledged OEM, Tesla is now quickly adding considerable scale towards its used car business cash flow.

As part of its progress towards becoming a fully-fledged OEM, Tesla is now quickly adding considerable scale towards its used car business cash flow.

Its nascent used car operation in the first six months of this year has already well surpassed sales from 2016 – and if the pace continues would result in a tripling of the size of the business in just a year. Total 2016 sales reached $117.4m (€99.8m), and sales recorded so far this year have topped $154.1 million (€131.0m).

Tesla says the sales jump is down to more used Tesla vehicles being in circulation, as well as due to the support of various Tesla trade-in programmes. It is now itself also listing its stock of used cars online on Cars.com following owners having listed their own vehicles on the website for some time.

In the second quarter of 2017, Tesla’s total business – including Tesla cars on the way to the consumer, vehicles in Tesla showrooms, used Tesla vehicles and energy storage products – reached $1.47 billion (€1.25 billion). After a falling out over how to treat existing clients, Tesla CEO Elon Musk ousted executive Klaus Grohmann in March, meaning Grohmann’s Prüm, Germany-based firm Tesla Grohmann Automation, which gave Tesla fundamental engineering expertise, will be playing an increasingly small role going forwards, with more development being done in-house.

As part of its Q2 filing, Tesla said:

‘In future periods, we do not anticipate meaningful revenue from sales of powertrain or other vehicle systems and components to third parties.

‘However, we anticipate that revenue from sales of pre-owned vehicles will continue to increase as the volume of pre-owned vehicle sales increases and that revenue from services by Grohmann will decrease as we primarily consume internally its services.’

Read more: Autovista Group

Vegans rejoice: Tesla quietly goes leather-free

Tesla’s electric cars are known for being environmentally-friendly, and they just got a little more vegan-friendly. The automaker this week quietly upgraded all of its premium interior options to be completely leather-free.

While the company hasn’t made an official announcement, a Tesla spokesperson confirmed the change, saying that the company now only sells its premium seating option, which is a non-animal seating material designed specifically for Tesla.

Cars still come with leather steering wheels, but leather-free options are available upon request, according to a blog post from the People for the Ethical Treatment of Animals (PETA).

No official announcements have been made about the interior of the new Model 3, and the representative from Tesla could only confirm this transition for the Model S and Model X.

Tesla CEO Elon Musk, however, appeared to confirm that vegan seating would be an option for the Model 3 on Twitter.

PETA, one of Tesla’s shareholders, applauded the move in a blog post Monday.

Tesla has always offered standard cloth seating which is a vegan option, but PETA began pressuring the automaker at a 2015 stockholder’s meeting to drop leather seats entirely by 2019.

Although Tesla stockholders voted against that proposition, the following year Tesla rolled out its first synthetic leather premium seating option in “Ultra White” for the Model X crossover SUV.

Anne Brainard, PETA’s Director of Corporate Affairs, noted that other luxury car companies like BMW and Mercedes-Benz have also begun offering faux-leather seating options.

Despite this, Brainard said dozens of major automakers are still supplied by cattle ranches that subject animals to horrific abuse, citing a 2016 PETA investigation.

“PETA will continue to urge all companies to follow Tesla’s lead in choosing sustainability and kindness over cruelty,”

Brainard said.

Source: USA Today

Tesla Model3 (Image: Wikimedia/Carlquinn)

The car is dead, long live the car, thanks to Tesla

Established carmakers may scoff at Elon Musk’s firm, but like Apple and the iPhone, it heralds a massive shake-up of the auto industry.

Tesla Model3 (Image: Wikimedia/Carlquinn)
Tesla Model3 (Image: Wikimedia/Carlquinn)

Two interesting things happened last week. One was Tesla’s delivery of the first batch of its Model 3, the company’s first “affordable” car. (If you think $35,000, about £26,500 – is affordable, that is.) The second was a “diesel summit” held in Berlin, a meeting where the bosses of Germany’s leading car manufacturers (VW, BMW, Audi, Ford, Porsche and Daimler) got together with ministers to ponder the industrial implications of the emissions-cheating scandal and the decisions of the British and French governments to outlaw petrol cars and vans from 2040.

Although no one in the car industry will say so, diesel technology has been a dead duck since the emissions-cheating scandal erupted, followed by the revelations of how polluted London’s atmosphere has become, with emissions of nitrous fumes from diesels being blamed for much of the problem. And the fallout is already being seen in the sales figures. In January, for example, UK registrations of new diesel cars were 4.3% down on a year ago, while petrol car sales were up by 8.9%. If you’re a rural resident who doesn’t worry too much about the environment or resale value, then you can already grab real bargains in the diesel car market. And for the time being petrol heads can feel (relatively) cleaner than thou. But ultimately, the game is up for the internal combustion engine.

Read more: The Guardian

UK Tesla Model 3 production won’t begin until 2019 as electric saloon’s specification revealed

Deliveries of electric car maker’s more affordable saloon begin in USA, but right-hand-drive models are some way off

The first deliveries of Tesla’s more affordable electric saloon began on Friday, but UK advance orders won’t be fulfilled until 2019 at the earliest.

The electric car company’s much-anticipated “more affordable” Model 3 saloon has been pitched as the car that brings EV technology to the general public thanks to a $35,000 (£26,000) price tag.

However, following Friday’s launch event, it became clear that while it is possible to buy a Model 3 at that price, very few cars will ever hit the road in base spec.

In a likely nod to the Ford Model T, introduced in 1908 and widely regarded as the first affordable car, the only standard colour is black – silver, blue, white and red all cost $1,000 (£760) extra.

The standard car has a 220-mile battery, though a long-range version with a range of 310 miles is available starting at $44,000 (£33,500). The latter also offers faster acceleration and shorter recharging times.

Meanwhile, the premium upgrade package, which includes heated seating, upgraded interior materials and a premium audio system, costs $5,000 (£3,800).

Read more: Express and Star

Tesla Model 3 Unveil (Image: Tesla)

Tesla Model 3 doesn’t have a key – and seven other things we learned

Elon Musk’s new mass market-aimed electric car has no directly visible speedometer, comes in two battery versions and isn’t a bad option for a sleep.

Tesla Model 3 Unveil (Image: Tesla)
Tesla Model 3 Unveil (Image: Tesla)

lon Musk revealed Tesla’s Model 3 is unlocked by a smartphone and doesn’t have a traditional key or fob among a host of other details at the delivery event for the first 30 mass-market electric cars over the weekend.

As the Model 3 enters what Musk called “six months of manufacturing hell” as Tesla ramps up production to meet the more than 500,000 pre-orders, one of the most surprising titbits is that there is no traditional key to open and start Tesla’s mass-market electric car hope.

Instead, would-be buyers of the $35,000-plus five-seat electric car will have to unlock the car with their smartphones over Bluetooth. The car will detect the owner’s smartphone – almost all modern smartphones made in the last three years supports Bluetooth – and automatically unlock, ready to start and go.

Should the battery on your phone run flat, which is a very real possibility in the days of increased use for everything from music, cameras and now keys, Tesla has a backup in the form of an NFC key card that is apparently thin enough to store in a wallet.

Press the card against the car’s B-pillar to unlock it and place it between the seats on a special spot to be able to start the car. It’s designed for valet use, but should be good to get into the car and at least charge your phone so you can properly unlock the Model 3 and go.

But the key-less design wasn’t the only thing we learned over the weekend …

1. Two battery versions

The minimalist interior of the Model 3. Photograph: Reuters

The Model 3 will come in two versions. The $35,000 base model has a battery with a 220-mile range, does 0-60mph in 5.6 seconds and has a top speed of 130mph. It can be “supercharged” to 130 miles of range in 30 minutes and charges at a rate of 30 miles per hour via a 240V, 32A home charger.

The range-extended version, which costs $44,000, will travel up to 310 miles per charge, reaches 60mph in 5.1 seconds and a top speed of 140mph. It will reach a charge of 170 miles in 30 minutes attached to a supercharger, and charges at a rate of 37 miles per hour with a 240V, 40A home charger.

The more expensive Model 3 with the longer range is currently being produced, with the cheaper version to be produced at a later date. A high-performance version of the Model 3 will also be available sometime in the middle of next year, according to Musk.

2. There are no instruments, just a 15in touchscreen in the middle

The 15in touchscreen is the only display in the cabin. Photograph: Reuters

There’s no speedometer, battery gauge or anything else directly in front of the driver. Instead there’s a large, 15in touchscreen in the middle of the dash, which displays a virtual instrument cluster along with mapping, entertainment and cabin controls.

The Model S has a 17in touchscreen in the middle of the dash, but it is in mounted in a portrait orientation compared to the Model 3’s landscape orientation.

Read more: The Guardian

I spent three minutes inside Tesla’s Model 3 — and I’m still thinking about it a day later

The raucous crowd had dwindled to a few dozen hangers-on. The international reporters had returned to their hotels, and Tesla’s billionaire chief executive, Elon Musk, had disappeared into his sprawling Fremont, Calif., factory about an hour earlier.

Tesla’s Model 3 rollout was essentially over, but in a nearby parking lot where the first test rides of the electric car were being offered, the night’s enthusiasm had yet to wane.

In almost any other circumstances, a silent, three-minute ride around a poorly lit factory parking lot that barely cracked school-zone speed limits would’ve been a laughably underwhelming experience. But for many riders, myself included, this time was different.

One spin in the Model 3 just wasn’t enough. Journalists, factory workers and their family members, and random revelers on hand to celebrate returned to the back of the line over and over again as if the understated electric sedan were a futuristic carnival ride.

“That was fantastic,” one man said as he got out of the car. “Can we take pictures?”

“Can we do it again?”a woman asked.

It’s quite likely that the effusive reactions were at least partly influenced by Tesla’s sustained PR campaign. Company handlers had been force-feeding attendees a diet of Model 3 exuberance for several hours in the form of mesmerizing videos, splashy lights, upbeat dance tracks and free drinks – giving people the feel of having an exclusive backstage pass to the automotive future.

“This is the world’s first mass-market electric vehicle,” we were told. “You, my friend, are experiencing history!”

Read more: The Washington Post

Is the Tesla Model 3 launch today the D-Day for electric cars? I think so

It is hard to overstate the significance of today’s Tesla Model 3 launch at the Fremont California factory. It very well could be the beachhead that electric cars need to tip the scales over gasoline cars in the US and the world.

Will we be witnessing history tonight? Let’s put it into perspective…

Tesla has over 400,000 reservations for the vehicle which haven’t been road tested by the public as of this writing, haven’t been in showrooms and really hasn’t been even seen in person by all but a few lucky folks. Keep in mind that at the beginning of this year there was only just over half a million EVs on US roads and just slightly more in all of Europe or China.

Tonight’s event will be the beginning of an order of magnitude change. If you want to compare Tesla to Apple, this is making a great electric car available to many more people akin to lowering the price of an iPhone from $600 to $200 (a drop by two thirds) and making it available to a much broader swath of the world.

Do people love their Teslas like Apple folks love their iPhones? Let’s have a look at Consumer Reports numbers (right) of Tesla people who would buy another vehicle from the company.  Tesla is a whopping 15 percentage points above the field and the only maker that is even in the same ballpark is Porsche at a significant 7 points behind.

If the Model 3 is as great as us early believers think it will be, the car will fundamentally change how we move around. Gas stations, oil changing locations, transmission shops will start to disappear and be replaced by huge charging stations between major metropolitan areas. Oil infrastructure including tanker boats and trucks will disappear. Cities will become quieter. Air will become cleaner.

In their place, people will put solar on their rooftop to make free energy. The grid will need to be reinforced but it will grow stronger and more resilient.
The multi-trillion dollar fossil fuel industry will try to buy delays from the government and sway the public with misinformation but at the end of the day, the math simply doesn’t work out. Even if you don’t believe the science of climate change, EVs are better, faster, more fun cars and they move people around more cheaply than gasoline powered vehicles.

Read more: electrek

Tesla Model3 (Image: Wikimedia/Carlquinn)

Elon Musk hands over first Tesla Model 3 electric cars to buyers

With half a million orders for the $35,000, 350km-range vehicle, the upstart carmaker faces its biggest test

Tesla boss Elon Musk has handed over the first of what he hopes will be a mass-market electric car to employee buyers, setting the stage for the biggest test yet of the company’s plans to revolutionise the auto industry.

Tesla Model3 (Image: Wikimedia/Carlquinn)
Tesla Model3 (Image: Wikimedia/Carlquinn)

Outside Tesla’s factory in Fremont, California on Friday night, Musk showed off the $35,000 Model 3 which has a range of 220 miles (350 km) on a charge that marks a departure from the company’s earlier luxury electric cars.

Hours before the event, Musk acknowledged it would be “quite a challenge” to build the car during the early days of production.

“We’re going to go through at least six months of manufacturing hell,”

Musk told journalists.

The over half a million reservations are up from about 373,000 disclosed in April 2016. Customers pay $1,000 refundable deposits for the car, which is eligible for tax credits. Any new buyers would likely not receive their car until the end of 2018, Musk said.

A longer-range version of the car is priced at $44,000 and will drive 310 miles (500 km) on a single charge. The cars feature a streamlined dashboard devoid of buttons or knobs, with a touchstream display to the right of the driver.

Tesla faces major hurdles living up to the Model 3 hype. The 500,000 vehicles Tesla vows to produce next year are nearly six times its 2016 production.

Were Tesla to produce, and sell 500,000 cars per year, the company would likely outsell the BMW, Mercedes, or Lexus brands in the United States.

Production delays and quality issues marred the launches of Tesla’s Model S and Model X vehicles, and the company blamed production problems for a shortfall during the second quarter of this year. Musk has said a simpler Model 3 design will greatly reduce potential assembly-line problems.

Tesla has burned through more than $2bn in cash so far this year ahead of the launch. A troubled Model 3 launch could heighten the risks for the company, while a steady delivery of Model 3s could generate a stream of cash that would allow Tesla to avoid going again to the capital markets to fund its operations.

Read more: The Guardian

Elon Musk: more than half of new vehicles will be electric and almost all autonomous in the US within 10 years

We have recently seen several projections about the adoption of electric vehicles from different companies and research groups, like Morgan Stanley, Bloomberg, and even OPEC. Most of them predict that about half of new vehicle production will be electric at some point between 2035 and 2040.

Now Tesla CEO Elon Musk jumps in with his own prediction, which is unsurprisingly much more aggressive.

At the National Governors Association today, Musk said that he expects “more than half of new vehicles” will be electric in the US within the next 10 years or roughly 10 to 15 years ahead of most predictions. He said:

“I think things are going to grow exponentially. There’s a big difference between 5 and 10 years. My guess is probably in 10 years more than half of new vehicle production is electric in the United States.”

We gave a similar prediction back in May when Morgan Stanley projected that electric vehicle sales will surpass gas-powered cars by 2040. We suggested that due to rapidly falling battery costs, there will be a point between 2020 and 2025 when all-electric powertrains reach cost parity with internal combustion engines before accounting for the cost of operation (gas and maintenance savings).

At that point, there will be virtually no reason for buyers to want gas-powered cars over battery-powered cars and automakers will divert all their investments to electric vehicles.

Musk specifically referred to new vehicles coming to market in the US – stating that it will take a few more years until all production is electric and then a few more to replace the existing fleet.

Interestingly, Tesla’s CEO added that it will likely happen even sooner in China, where they have been more aggressive with their regulations. He even referenced the fact that virtually all automakers (except for Tesla) are asking the Chinese government to slow down their electric car mandate.

Furthermore, while he expects over 50% of new vehicles to be electric in the US within 10 years, he thinks that “almost all” new vehicles will be autonomous within the same timeframe. Add another 10 years and he thinks that all vehicles will not even feature a steering wheel anymore.

Read more: Electrek

Elon Musk’s big battery brings reality crashing into a post-truth world

For months, politicians and fossil fuel industry have lied about the viability of renewables. Now Tesla’s big battery in South Australia will prove them wrong

Elon Musk’s agreement to build the world’s largest battery for South Australia isn’t just an extraordinary technological breakthrough that signs coal’s death warrant. It’s potentially a game changer in the way we do politics, reinserting the importance of basic reality into a debate which has been bereft of it for too long.

There’s been a lot written in recent years on the idea that we are living in a “post-truth” world. Climate writer David Roberts brought it to my attention around 2010, when I was grappling with the idea that dinosaur politicians and rent-seeking corporates not only weren’t telling the truth about climate change and energy: they were actively dismissive and destructive of the very idea of truth.

While we got a taste for it in Australia under Tony

“don’t believe anything I haven’t written down”

Abbott’s government, the idea sprang into the global mainstream last year with Donald Trump’s election campaign and the Brexit bus.

It seemed that truth no longer mattered. Facts were not just unimportant, but barriers to be smashed through with rhetoric. Demonstrating beyond reasonable doubt that a politician was lying no longer had any impact. Even when people agreed that he (usually) was lying, they still supported him, because he activated a frame or a value that drove their political decision-making.

Read more: The Guardian