Although Tesla reported a profit of $17 million on $713 million in revenue, their financials were reported using non-GAAP (Generally Accepted Accounting Principles) figures. Which means that my current checking account, according to non-GAAP figures, is probably somewhere in the high seven figures.
Tag: tesla model s
Vacaville, California. Population 93,899, as of two years ago. Median income $57,667. A series of stripmalls. A Buffalo Wild Wings. And one of Tesla’s Superchargers – the weirdest Supercharger, the Supercharger that I cannot understand the location of, nor the existence of – unless, of course, you’re driving like I was from Napa to San Francisco, and needed a quick charge.
Here’s a blunt statement for you: If you don’t have at least a 240V charger in your home, or plan on getting one very quickly, or live very near (10 minutes or less) to a Supercharger, do not buy a Model S. I hate to say that because I love this car. But charging without having a charger at home is frustrating and/or expensive.
I live in San Francisco and commute to Mountain View. For all the talk of this being the official car of the Bay Area Tech Douche, there are few convenient chargers available in the Palo Alto or Mountain View area. The nearest Supercharger is in Fremont, which is 30-40 minutes away – more if there’s traffic.
To buy a car, you usually go to a dealership. You wait to see if someone is available. You wait a little more. That person comes to you. You look over the options, they attempt to sell you something else. You eventually settle upon something (or, of course, you leave and go somewhere else). Once you do that, if you don’t have the cash, you go to their finance person, run credit checks, talk about your options, and eventually come to a deal. You put down money. You get sold on services (tires, service plans, warranties, etc.). You sign many, many documents. You get sold on more services. You – after hours of waiting – get to see your car (assuming it’s actually available – otherwise you’ve just made a deal and will wait a few days to a few weeks). You’ll be rushed through a product demo. Anywhere from two to eight hours after arriving, you get in your car and leave.
Ed Zitron is a friend of TTAC, but not much of a car guy. After giving up his old, gasoline powered car, Ed went and bought a Tesla Model S P85 – and we asked him to write about it over a period of 12 months, documenting his ownership experience and what it’s like to live with an electric car. This is the first installment.
Electric vehicles tend to get a pass from many reviewers, who are content to overlook major faults in favor of a great drivetrain. Years back, I did a review of the Nissan Leaf for EcoModder, an eco-enthusiasts site dedicated to fuel-friendly modifications and electric vehicle (EV) projects. In retrospect, I was far more impressed with the fact that it was just an electric car than the car itself. A Leaf is still a rebodied Nissan Versa with illusions of green responsibility. It’s neat, but it’s not that outstanding if you look at it simply as another car.
As a relatively low-profile Czech motoring journo, I couldn’t expect Elon Musk to hand me the keys for a long-term press loaner. Or any other kind of “official” experience with Tesla, as they aren’t even sold officially in our country. But I did manage to get my hand’s on one via a friend’s father is an avid fan of EVs. As soon as the Nissan Leaf entered the European market, he bought one even if it meant to order it in Spain (about two thousand miles away) and have it trucked here. And when he learned about the Tesla Model S, he placed an early order, which made him one of the first few people in this country to own a Model S (a fully loaded P85 version, no less). Now, there are probably a dozen in Czech Republic. (Read More…)
In a few days, TTAC’s editors will present their best and worst automotive picks of 2013. Today, Sajeev Mehta brings you his winners and losers in the field of design. Winners and losers below the jump.
Spurred by tax breaks, free recharging stations, free parking and other benefits for EV drivers worth up to $8,100 (about 6,000 euros) a year per car, electric cars are doing very well in Norway. Reuters reports that Tesla’s Model S was the best selling car in Norway in September and Nissan’s Leaf was the market leader in October. Last month 716 Leafs were sold, a 6% market share, beating out the Toyota Auris and the VW Golf. For the year, the Leaf is the fourth best selling car in Norway with 3.2% of the total market. (Read More…)
Reports from unnamed sources critical of competitors are not the most reliable, but Pete DeLorenzo says according to his sources within the auto industry a design shortcoming is the reason why the batteries in two Tesla Model S cars have recently started fires following collisions. Presumably DeLorenzo’s source or sources are within General Motors because they compare the way the battery pack is housed in Tesla to the way the Chevy Volt does it. Tesla CEO Elon Musk has stressed how his company protects the battery pack with 1/4″ thick armor plating underneath the car, but DeLorenzo’s source says that is essentially a band-aid solution to the fact that the battery pack itself has only a single protective shield, compared to the three layers of wrapping that the Volt’s battery pack has. (Read More…)