Find Reviews by Make:
Morgan Stanley analyst Adam Jonas issued a lower target for Tesla on Wednesday, saying the automaker’s SUV price tag is too hefty for the carmaker to meet its production volume goal for 2016.
Jonas wrote that the $130,000 SUV is just too pricey (via Business Insider):
Even allowing the Model X (average transaction price) to decline over time through the introduction of lower-spec models leaves what we believe to be a higher-priced vehicle than we expected that may struggle to meet the volume expectations of the market and our forecasts.
If you remember correctly, Jonas was the analyst that called for Tesla’s stock to effectively double because he had a good idea for the automaker, which he said was the world’s most important.
Read More >
Tesla finally rolled out its third model, the Model X last night to loyalists and some media (not us) Tuesday in California.
The SUV’s falcon doors and
ludicrously insanely fast 0-60 mph times (3.2 seconds for a car that weighs 5,441 pounds) may get most of the headlines, but the rest of the car’s features and specifications are just as impressive. Tesla says that the batteries in its Model X — which are the same as the Model S — are good for 250 miles. The combined torque for its front and rear engines motors, which produce 259 hp and 503 hp respectively, is more than 700 pound-feet.
And the air filtration system inside may protect you from mustard gas, or something.
Read More >
Speaking to Auto Express ahead of Tesla’s first European factory opening, Tesla CEO Elon Musk said internal combustion engines have hit their physical limit for efficiency and that Volkswagen engineers may have resorted to lying out of necessity.
“There must have been lots of VW engineers under pressure — they’ve run into a physical wall of what might be possible so trickery was the only option,” he told the publication. Read More >
In a letter to Model S owners, Tesla CEO Elon Musk said that its referral “experiment” had gone well and that the company would be expanding the program, according to HybridCars.
Owners can refer as many people as they want, and although the “free” Model X cars have likely already been claimed in each of the three sales regions, the top referrer by Oct. 31 can trade in their Model S for a P85D with “ludicrous” speed mode. Referring 10 new buyers now means you can buy a fully loaded “Founder Series” Model X for the price of a base Model X (a $25,000 savings according to the company).
It’ll still probably be ugly for whomever wins at the end.
Read More >
According to the Tesla Motors Club, the referral program that would award one Model X to a lucky loyalist in exchange for referring 10 new Model S buyers may already be over. “Kevin2686″ may likely be the North American winner for the free Model X considering he managed to refer 10 new buyers.
Forum members say Kevin2686 spam posted his referral link, and indeed on a CNET news story about the promotion a user named “Tesla2000″ offered $1,000 up front and $1,000 later with a link to Kevin2686’s referral code. In Tesla’s relatively vague referral language:
“Please note that we may withhold credits, discounts or other awards where we believe customers are acting in bad faith or otherwise acting contrary to the intent of this program.”
This may not end well. Read More >
Details on Tesla’s “free” Model X for the first 10 referral buyers have been few since the beginning. First it appeared that the program would be limited by time, then it appeared it would be limited by country, now it appears that it’ll be limited by continent.
The first person to refer ten friends in each sales region— North America, Europe, and the Asia-Pacific — will receive a free Founder Series Model X.
But even more unclear is exactly how Tesla will give its winner their new Model X. Depending on how that happens, there are very few scenarios in which the new Model X owner (with 10 friends wealthy enough to buy new Model S cars) wouldn’t qualify for up to $7,500 back from the feds. Read More >
Tesla’s third production model, its Model X crossover, will start arriving to customers who have already ordered the car September 29, the automaker announced.
Customers for the crossover, which costs $133,000 to $144,000, began ordering options and colors for their cars that include premium sound and “ludicrous speed” modes.
The company announced it would hand over its first few cars to new owners at their headquarters in California.
Read More >
Prospective buyers of Tesla’s coming Model X SUV can go online Tuesday and pick out their color and options for their cars, which should be arriving at the end of September, Automotive News is reporting.
The online configurator popped up Monday night for potential buyers and forum users started posting pictures of their cars online. The pictures are the first from the automaker before its official reveal.
The interior pictures detail seating for seven adults and the Model X’s falcon doors that will reportedly sport sensors that keep passengers from
getting out hitting the doors on low garages.
Read More >
Wall Street Journal columnist Holman W. Jenkins (great name) slammed Consumer Reports for its glowing review and better-than-perfect score for the Tesla Model S P85D, in part, because the $127,000 car still qualifies for a government tax break.
“Prostitute is not too strong a word,” he wrote. “… (Consumer Reports) is shilling not only for the car but the government policies that subsidize it.”
Jenkins takes aim at the state and federal tax incentives still available for the vehicle — which are going away in many places — and at the magazine for hyping its review so heavily, and subsequently giving it away for free on its subscription-based website. Read More >
Consumer Reports says that Tesla’s Model S P85D initially scored 103 points out of a possible 100, which initially “broke” their rating system.
Consumer Reports adjusted the overall score to 100, and said that the Model S P85D wasn’t perfect, but that it was very good:
To be clear, the Tesla’s 100 score doesn’t make the P85D a perfect car—even at $127,820. It has imperfections. The interior materials aren’t as opulent as other high-ticket automobiles, and its ride is firmer and louder than our base Model S.
What’s more, a lengthy road trip in an electric car with a 200-plus mile range can be a logistical hurdle if a quick-charging station isn’t along your route.
It’s also important to note that our Rating doesn’t include the Tesla’s reliability. The Model S has average reliability, according to our owner-survey responses. Read More >