#tesla
Will Too Many Tesla Buyers Make the Switch?
In a recent earnings report that, unlike Nissan’s, actually pleased investors, Tesla claimed its new Model Y crossover would see its first U.S. deliveries in March of this year. Great news for antsy reservation holders, but some worry the appearance of America’s Favourite Bodystyle will have a harmful impact on the automaker’s current best-seller, the Model 3.
Brand, or Body? Lincoln Dealer Council Still Warm on Sedans, Points to Tesla
By the end of next year, Lincoln’s lineup will contain not a single passenger car. The decline of the Lincoln sedan has been well covered; you know all about the Fusion-based MKZ fading from the scene this year and the reborn Continental falling victim to declining sales, slated for execution sometime in 2021.
Parting is such sweet sorrow, and Lincoln’s national dealer council isn’t ready to say goodbye. However, the brand held up as an example of sedan success might not be a valid template for other automakers.
A Buyer's Dismay: Tesla Reportedly Removes Features From Used Model S
I’m a broken record when it comes to consumer protections. Environmentalism may be more fashionable but the green movement has already amassed a sizable army in the current year. Someone needs to be watching out for Joe Customer because companies are stepping up their game. While we’ve often focused on data privacy, right-to-repair laws, and the hidden perils of subscription services, ownership rights also deserve a bit of attention because they’re all sort of interconnected.
As products become increasingly digital, it’s becoming fuzzy as to who actually owns something. In previous decades, someone wanting to outfit their computer with the latest software meant they had to go out and buy it. Now you can simply download stuff over wifi, with no need to have the physical copy cluttering up your desk. But this convenience factor has ramifications. A subset of the video-game community is up in arms over backwards compatibility and the ability to truly own their purchases. With games and movies beginning to occupy internal storage almost exclusively, they’ve grown concerned that companies will attempt to force them to repurchase old games on new platforms to turn a quick buck.
Why is this being explained to you on a car website? Because the automotive industry may be about to engage in similar practices. Jalopnik recently published an account of a man buying a secondhand Tesla Model S, only to see it stripped of thousands of dollars in features.
Can General Motors Talk Its Way to a Higher Market Value?
General Motors CEO Mary Barra went to New York on Wednesday to hold an investor conference. The day’s theme was: convincing everyone that GM deserves a higher valuation because, like Tesla, it’s supposed to be more than a car company.
While it seems slightly presumptuous for GM to expect the same overblown share price when Tesla probably doesn’t deserve it, either, the Good Book is supposed to say something about getting what you ask for. Still, having not read it in a while, I sincerely doubt it was referencing giant corporations or huge amounts of money.
Barra and company are attempting to show that GM hasn’t sat back on electrification and the same kind of advanced automotive technologies that wooed Tesla investors. Nobody said the rival automaker’s name during their speech, of course. Of course, they wouldn’t really need to, either.
What's In a Tweet? Tesla Teases Texas As Potential Factory Site
Tesla CEO Elon Musk is no stranger to sparking conversation — along with lawsuits, SEC probes, and stock fluctuations — with his social media missives. Tuesday night was no different.
In a two-word Twitter message backed up with a two-item poll, Musk suggested Tesla’s next domestic assembly plant will take up residence in the Lone Star State.
Tesla's Stock Remains Insane
Despite it only being a little over a month into 2020, Tesla’s stock has already doubled since New Year’s. Share prices surged to over $900 before Tuesday’s trading, leaving many scratching their heads as to how one of the smallest global manufacturers manages to clean up so well on Wall Street.
Seeking answers, Bloomberg looked to industry analysts and executives from rival car manufacturers to better understand Tesla’s mojo — and determine whether all the stock heat is warranted. The gist appears to be that Elon Musk and company are simply running away with battery technology, something that’s difficult to refute. However, some claims that Tesla has surpassed what constitutes an automaker feel overblown and not entirely consistent with reality.
Tesla's German Factory Could Be Delayed So Animals Can Hook Up
Tesla’s planned factory in Germany could face major delays if the manufacturer doesn’t start construction within the next two months. Brandenburg’s Economy Minister, Joerg Steinbach, recently told German outlet Handelsblatt that the 300-hectare area in Grünheide Tesla set aside is subject to environmental regulations that prohibit interfering with the local wildlife’s breeding habits.
These twitterpated critters are not to be interfered with if the company hasn’t started building by mid-March.
Until then, it’s fair game. Once crews finish clearing the land (and leftover ordnance from World War II), they can finish scaring away the animals. However, if Tesla can’t get all of that done in a couple of months and start construction on the factory, it will be forced to delay the entire project another nine months.
Model Y Production Already Underway, Tesla Claims
Tesla’s fourth-quarter 2019 earning report, released Wednesday night, gave analysts and investors what they’d been looking for. In the midst of a global production ramp-up, the electric automaker posted a second consecutive quarterly profit — offering compelling news about a new model in the process.
That vehicle is the Model Y, a Model 3-based compact crossover that’s apparently already rolling off the assembly line in Fremont, California.
Tesla, Michigan Finally Reach a Truce
A long-standing legal battle pitting Tesla against the state of Michigan has finally been resolved. It was announced Wednesday that the automaker’s 2016 suit against the state, which forbids the direct-sales model employed by Tesla, ended in a settlement a day earlier.
The result? A way for Michigan residents to own and conveniently service a Tesla in the notoriously protectionist state.
Green Clash: German Environmentalists Protest Tesla Factory
The catapulting of environmental issues to the forefront of public discourse has spawned many unlikely clashes between greens of different stripes. Climate protesters against CO2-free nuclear power generation, eco types versus high-speed electric rail, and now, angry Germans demanding Tesla stop stealing its water.
The electric automaker’s attempt to build a massive factory in the European country has hit a social roadblock.
Tesla Blames Short Sellers for Recall Petition, Says No Problem Exists
Following confirmation from the National Highway Traffic Safety Administration (NHTSA) that it will look into a petition calling on the agency to formally investigate 500,000 Tesla vehicles over reports of unintended acceleration, the automaker took to the internet to defend itself.
On Monday, Tesla issued a blog post to say the allegations against it are wrong. It believes claims of unintended acceleration are erroneous, pushed by someone hoping to scoop up Tesla shares at a lower price so they can be swiftly flipped.
The short-seller defense is a popular one with CEO Elon Musk. He’s previously called short sellers “value destroyers,” repeatedly suggesting that the practice should be made illegal. But it’s also in his interest to keep Tesla’s stock ludicrously high, which it is. Despite being several times smaller than either General Motors or Ford, Tesla’s market worth has surpassed their combined value.
NHTSA Mulls Petition Seeking Tesla Recall Investigation
The National Highway Traffic Safety Administration agreed to review a petition requesting the agency formally investigate 500,000 vehicles manufactured by Tesla Motors. The petition cites 127 consumer complaints to NHTSA involving models produced since 2012 and asks the NHTSA look into 500,000 units it believes may need to be recalled.
Many of the complaints involve incidents of unintended acceleration when attempting to park vehicles; others cite events where a vehicle’s advanced driving systems (namely Autopilot) led to erratic behavior or crashes in traffic. On Friday, the agency said it would look into the issue.
Speaking of China - Tesla's Thinking Small
While we’re on the subject of American (or somewhat American) automakers looking to beat the Chinese at their own EV game, Tesla has announced a new direction in that massive electric vehicle market.
With Model 3s now rolling into buyers’ hands from its just-opened Shanghai assembly plant, the automaker has turned its eye to the lower end of the market.
Opinion: It's Past Time for a Tesla Autopilot Recall
The evidence keeps stacking up against Tesla. As the National Highway Traffic Safety Administration investigates crash after crash involving Tesla vehicles under the influence (or suspected influence) of Autopilot, when is enough too much?
Third in a Month: NHTSA Opens Probe Following Tesla Crash
Cars crash all the time, but vehicles believed to be piloted by an advanced driver-assist system at the time of the collision earn themselves an investigation from a federal agency. Such is the case with the latest Tesla crash, with occurred in Indiana on December 29th.
The fatal collision between a Model 3 and a parked fire truck is the third such investigation opened by the National Highway Traffic Safety Administration in a month.
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