Search Results for: Model 3

Cars Stories March 18, 2016

Tesla sends out official Model 3 unveiling invites with “3” stylized as 3 horizontal lines

Around the same time Tesla allowed its employees to place an early reservation for the Model 3 last night, the automaker also sent out the official invites for the Model 3 unveiling event on March 31st. 650 Tesla owners have been chosen at random to attend the event in Los Angeles. It will be a […]

Cars Stories March 23, 2016

S&P says Tesla’s stock (TSLA) rallied because of upcoming Model 3 event, but doesn’t deserve the valuation

Tesla’s stock (TSLA) is down almost 5% today following a downgrade from S&P Global Market Intelligence. S&P analyst Efraim Levy issued a new note today downgrading Tesla to “sell” with a new price target of $155, while the stock currently trades at ~$223.

Cars Stories March 29, 2016

Don’t Wait: Why you should reserve the Tesla Model 3 on Thursday

Thursday evening, Tesla will unveil, perhaps, their most important vehicle in company history, the $35,000 Model 3. Tesla certainly will not be taking their time getting an eye on the demand. Pre-orders begin at the company’s brick-and-mortar storefronts Thursday morning and online Thursday at 8:30pm Pacific (3:30am UTC), during the unveiling event. You’re reading that correctly: Tesla […]

Cars Stories May 25, 2016

2017 Chevy Volt Diary, Day 1: Delivery and setup

The fine folks at GM have given us a shiny new (OK, 500 miles) electric blue 2017 Chevy Volt to test drive for the next week. I’m keeping a diary of my experiences every day here and will wrap up the week with my conclusions. (Day 2, Day 3-4, Conclusion/Wrapup) Day 1, Delivery and Setup

Cars Stories July 3, 2016

Tesla (TSLA) missed on deliveries in Q2 with 14,370 vehicles and production of 18,345 vehicles

Tesla (TSLA) released today its production and delivery numbers for the second quarter 2016. The automaker confirmed missing its delivery guidance of 17,000 vehicles in Q2 with only 14,370 vehicles, while also missing its production guidance of 20,000 vehicles with only 18,345 vehicles.

Cars Stories July 5, 2016

Tesla’s (TSLA) stock down sharply following Q2 delivery miss, Deutsche Bank adjusts for a loss [Note]

Today is the first trading day for Tesla’s (TSLA) stock after the automaker released its second quarter production and delivery results – missing its goals for both. The automaker confirmed missing its delivery guidance of 17,000 vehicles in Q2 with only 14,370 vehicles, while also missing its production guidance of 20,000 vehicles with only 18,345 […]

Cars Stories July 6, 2016

Tesla’s VP of Product Technology leaves for Facebook

Rich Heley was one of Tesla’s biggest hire and quickly rose in the executive ranks of the automaker. We broke the news of his hire back in 2013 when he was still leading Alloy Engineering at Apple. Now we learn that only 3 years later, the engineer, who until recently was Vice President of Product Technology […]

Cars Stories April 25, 2016

Tesla hires O’Neil CEO and former Nike exec to lead operations in Europe, Middle East and Africa

Last year, Tesla announced a restructuring of its sales leadership after it reassigned its Vice President of Global Sales and Service, Jerome Guillen, to a new role leading customer-satisfaction. Guillen later took a leave of absence from Tesla and the company hired Jon McNeill as President of Global Sales, but Tesla kept looking for new executives to […]

Tesla (TSLA) stock price target raised by Goldman Sachs on Model 3 orders

Goldman Sachs analyst Patrick Archambault issued a new note to clients this morning to announce that he raised his price target on Tesla (TSLA) to $245.00 from $202.00 citing Model 3 orders which are reportedly approaching 400,000.

Tesla’s stock opened up over 1% this morning, even though Archambault’s updated price target is below the current trading price and he maintains his “neutral” rating.

Cars Stories April 19, 2016

Tesla’s stock (TSLA) tumbles following Consumer Reports on Model X issues

Tesla’s stock price ($TSLA) surprisingly tumbled following a new report from the review magazine Consumer Reports highlighting some quality issues with early Model X units. The stock fell over 4% after the report was published this morning, but gained in the afternoon and it is now down only 2%. I say the tumble is surprising due […]

Cars Stories February 28, 2016

Tesla hires yet another chip architecture titan out of Apple’s PA Semi, feeding the rumor that it plans to design its own silicon

If there’s indeed a poaching chess game going on between Tesla and Apple, it would appear the automaker is winning in acquiring quality pieces. Just a few week after we exclusively reported that Tesla hired legendary chip architect Jim Keller as new “Vice-President of Autopilot Hardware Engineering”, we now learn that Keller is joined by former […]

Cars Stories February 18, 2016

Tesla Motors acquires premium domain name ‘Tesla.com’

Tesla Motors recently acquired premium domain name ‘Tesla.com’ and it now forwards traffic to ‘Teslamotors.com’. The seller, Stuart Grossman from California, signed a non-disclosure agreement and therefore couldn’t disclose the amount he received to let go of the domain, but estimates range from high 6 figures to low 7 figures.

Cars Stories February 19, 2016

Tesla hires former GE and Symantec exec as new VP of Global Services

Tesla is on-going some restructuring at the upper management level over the past few months, especially since long-time executive and Vice-President of Worldwide Sales & Services Jerome Guillen took a leave of absence last year, followed by Chief Financial Officer Deepak Ahuja’s retirement a few months later. The automaker has since hired former Enservio CEO Jon McNeill as President Global […]

Cars Stories December 21, 2015

Tesla is poised to achieve its ambitious 2015 delivery goal based on early data

As the end of the year, and consequently the end of the fourth quarter, is getting closer, investors and analysts are debating whether or not Tesla can achieve its ambitious delivery goal of 17,000 to 19,000 cars in the last 3 months of the year for a total of 50,000 to 52,000 in 2015. Achieving the […]

Tesla CEO Elon Musk drops his prediction of full autonomous driving from 3 years to just 2

Tesla CEO Elon Musk was at Stanford’s FutureFest recently and he described how he evaluates the progress and a timeline for artificial intelligence: “If any given year you find your predictions are going further out or coming closer in, that actually one way to think of acceleration [of progress] because otherwise what’s the quantitative measure of […]

Cars Stories December 22, 2015

Rumor: Tesla is planning a redesign of the Model S for Spring 2016

Since the reveal of the Model X in September, there’s been a persisting rumor that Tesla will give the Model S a “facelift” in order for it to have the same front-end as the Model X – as seen on the rendering above. We normally don’t cover rumors with little to no source, but this […]

Cars Stories December 23, 2015

Tesla Model X reportedly able to tow at “very high speeds”

The Tesla Model X, which is the first electric car with a significant towing capacity, reportedly can tow at impressively high-speeds. Trip Chowdrhy, a financial analyst who covers Tesla for Global Equities, says he witnessed Tesla testing a Model X towing at “very high speeds” at the Fremont factory.

Cars Stories December 28, 2015

Tesla’s year 2015 in pictures: Model X, Gigafactory, Autopilot, Powerwall and more [Gallery]

As 2015 is coming to a close, we decided to review Tesla’s year in pictures. We gathered some of the best photos of Tesla’s most important events of the year and some less-known interesting moments – all in chronological order…

Cars Stories May 30, 2016

Tesla launches a new referral program for the Model S and X with $1,000 in credit [Updated]

Tesla has been tuning its referral program for close to a year now. The automaker went through 3 rounds with different rules, rewards and discounts. The last round ended in mid-April and the company hasn’t updated the program until now. This weekend Tesla reactivated the referral links and now a new offer of $1,000 in […]

Cars Stories June 8, 2016

Tesla knocks VW out of the top 10 car brands – now valued at $4.4 billion

Tesla’s brand has significantly increased in value over the past year, especially since the Model 3 unveiling and the more than 373,000 reservations it received. On the other hand, Volkswagen’s brand took a big hit following the ‘Dieselgaste’ scandal, so much so that Tesla has now surpassed the company’s VW brand in “brand value”. BrandZ […]

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