It’s not everyday that you see a large 4-door sedan drag racing against a luxury SUV, but when it comes to Tesla and all-electric vehicles, all rules are out. In its latest video, Drag Times is drag racing his 2016 Tesla Model X P90D against a 2015 Tesla Model S P90D, both with Ludicrous mode. expand full story
After Tesla CEO Elon Musk exercised over $100 million worth of options on two separate occasions ahead of the earnings last week, now it’s Chief Technology Officer and co-founder JB Straubel’s turn to exercise some options and increase his stake in the automaker. expand full story
It’s rare for Tesla to disclose its sales per market, but it looks like they couldn’t resist the opportunity to highlight the Model S’ market performance in the U.S. during the earnings this week. The company confirmed 25,202 Model S sales in the U.S. in 2015, which gave the company a 25% market share, while every single other large luxury sedan has seen its sales decrease during the same period.
It gave me the idea to look into the midsize luxury segment in the US, which is the segment the upcoming Model 3 is expected to compete in, and see what it would look like if the vehicle was to do as well as the Model S did in the large luxury segment. expand full story
The BMW i8 is arguably not a great electric vehicle since it’s quite frankly barely electric, but in my opinion it is a beautiful car and the German automaker often uses it to unveil new design features and to show case some interesting technology. Considering BMW is quite committed to all-electric vehicles with a new i3 battery pack coming and a rumored all-electric SUV, I like to keep up with what they are unveiling, and today we learn of a new special edition “Protonic Red” BMW i8 to be unveiled in Geneva. expand full story
Tesla released an interesting albeit short video of its giant robots installing a Falcon Wing door on the Model X assembly line in Fremont, California. expand full story
Tesla CEO Elon Musk finally released more details about the reservations process for the upcoming Model 3 launch and it gives us an interesting opportunity to discuss the implications of the vehicle’s introduction on Tesla’s limit for the $7,500 federal tax credit for electric vehicles.
We’ve heard some discussion in EV industry about the implications of GM advertising the Bolt’s pricing as “$30,000 after incentives” and in contrast, Tesla is talking about the Model 3’s starting price as being “$35,000 before incentives”. expand full story
Today Tesla started sending out Powerwall installation surveys to Model S owners who requested the product after its unveiling in May 2015. A week after the launch, Tesla reported over 38,000 requests for the Powerwall, but those weren’t official reservations with deposits.
This latest development will likely be a better representation of the demand since the company is asking for a lot more information about the installation of the home battery pack. expand full story
During the conference call discussing Tesla’s fourth quarter financial results yesterday, Tesla CEO Elon Musk was quite vague about the Model X’s current production ramp, but he did confirm that the vehicle should reach its full production rate of 1,000 units per week during the second quarter in just a few months.
When asked about the current production rate and how the company plans to get to 1,000 units per week, Musk refused to comment but he added:
“Unless people actually understand how production works, they reach incorrect conclusions. We stick to what our projections are, and leave it at that.”