Search Results for: Model 3

Tesla Model S Stories November 13, 2015

Tesla is planning an end-of-the-year push in China, will offer up to $12,500 US in discount on the Model S

Tesla rarely, if ever offer discounts at the purchase of its products, but with its ambitious goal to deliver between 17,000 and 19,000 vehicles globally in the last 3 months of the year, it seems the company resorted to offering a significant discount to new Chinese customers. The company announced through a blog post on its […]

Tesla Model S Stories November 5, 2015

Tesla renews $1,000 referral program for 2 more months with new prizes

Tesla Motors announced the renewal of its $1,000 referral program for the Model S for 2 more months after the end of the first trial period on October 31. It’s fair to say that the program was a success with a single Model S owner selling 100 cars in only 3 months and hundreds of […]

Tesla Model S Stories November 3, 2015

European markets are leading Tesla Model S sales with a significant increase in October

Tesla is set to release its third quarter 2015 financial results later today, but we are already looking at the fourth quarter as registration data are coming in from some European markets. Tesla will need an impressive fourth quarter to achieve its 2015 guidance and it might get it from what we are seeing so […]

Tesla Model S Stories January 6, 2016

Tesla gets some free advertising on Jimmy Kimmel, Iron Man director Jon Favreau talks about the Model X

Iron Man director Jon Favreau not only had the chance to get a personal walkthrough of the Model X with Tesla CEO Elon Musk just a few days after the unveiling of the vehicle, but he also arrived at the Star Wars: The Force Awakens premiere with Musk in his Founder series Model X VIN […]

Tesla Model S Stories May 3, 2015

Tesla Model S test vehicle with multiple cameras spotted near San Francisco

Redditor silasoverturf spotted an interesting Tesla test vehicle at the Corte Madera store. 

Tesla Model S Stories November 25, 2015

Credit Suisse reiterates $325 price target on TSLA, sees focus going back to long-term story

In a new note issued this morning, Credit Suisse analyst Dan Galves reiterated an ‘outperform’ rating and $325 price target on Tesla Motors (NASDAQ: TSLA) . The analyst considers the fourth quarter guidance to be “achievable” and he sees a “reasonable path” to $4 EPS in 2016 – compared to the ~$2.30 annualized loss per share in the […]

Tesla Model S Stories December 1, 2015

Wall Street is betting against Tesla Motors – TSLA short interest is at its highest in 21 months

According to Nasdaq’s latest short interest update, the total short position on Tesla’s stock increased to 27,367,931 shares – its highest since March 2014. The short position is almost as important as Tesla CEO Elon Musk’s own stake in the company: 28,371,342 shares or about 29% of the float.

Tesla Model S Stories December 4, 2015

Tesla delivered 225 Model S’s in Norway in November

Based on registration data, Tesla delivered 225 Model S’s in Norway last month – up from 198 units in October and 202 in November 2014. The company recently ran in some troubles in Norway after Model S owners expressed concerns over the way Tesla is reporting the power output of the car, especially the Dual Motor version. Tesla […]

Tesla Model S Stories October 1, 2014

Elon Musk teases invite to Tesla new product launch event on October 9th – “Time to unveil the D”

  Elon Musk is teasing on Twitter the launch of a new Tesla product. At first blush Model X Crossover SUV built on the Model S chassis would be assumptions. I’m not sure what the D stands for but jokes aside it could have something to do with the garage or the naming of the product. […]

Tesla Model S 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 […]

Tesla Model S Stories October 12, 2015

Billionaire hedge fund manager goes after Tesla and SolarCity, but can’t get his facts straight

Jim Chanos is a famed billionaire hedge fund manager known for short selling companies. He is also a regular market commentator for CNBC and Bloomberg. Chanos recently disclosed having a short position on solar installer SolarCity (SCTY) and although he refused to disclose his position on Tesla Motors (TSLA), he doesn’t have good things to say about the […]

Tesla Model S Stories October 20, 2015

Tesla now offers free Powerwalls through its referral program – the top referrer already sold 88 Model S’s

Three months ago Tesla announced a referral program for Model S owners. By referring someone who ends up buying a Tesla Model S, the owner gets $1,000 credit from Tesla to put toward accessories, service or a car, and the new buyer gets $1,000 off his new Model S. The program is only in a […]

Tesla Model S Stories October 6, 2015

Tesla Model X pricing and availability: inconsistencies and lack of information

Tesla unveiled the Model X last week and first impressions have been extremely favorable across the board. From safety and performance unmatched by any SUV to the unique windshield and Falcon-Wing doors, the Model X impressed quite a few people including tens of thousands of reservation holders who placed $5,000 to $40,000 deposits to be […]

Tesla Model S Stories February 10, 2016

Tesla shows how the Model S is totally disrupting the Large Luxury car market in the US

As part of its shareholder letter posted ahead of its earnings call today, Tesla demonstrated its catastrophic affect on the US luxury car market with a simple table. If you start at the bottom, the market is at about 100,000 cars a year and it’s basically unchanged from 2014 to 2015. The market is for […]

Tesla Model S Stories November 2, 2015

Tesla is about to publish its Q3 results tomorrow – here’s what to expect

Tesla is set to release its third quarter 2015 financial results tomorrow. The company already confirmed record deliveries of 11,580 cars globally from July to September and it marked the very first quarter with deliveries of two different models: the Tesla Model S and Model X. The Model S remains Tesla’s main source of revenue – meaning […]

Tesla Model S Stories November 3, 2015

[Live Blog] Tesla’s financial results Q3 2015 and conference call

Tesla is set to release its third quarter 2015 financial results today at market close. Management will hold a conference call with Q&A at 2:30pm Pacific Time (5:30pm Eastern Time). You can join on the call through Tesla’s website and join us below the break for live updates:

Tesla Model S Stories October 23, 2015

Elon Musk says Tesla will have a factory in China within 2 years to satisfy local demand for the Model 3

Tesla CEO Elon Musk is in China this week to personally oversee the release of the Autopilot in the country. Speaking at the Tsinghua University earlier today, he said that the company will have production capacity in the country within 2 years according to a Chinese report. The timeline matches the company’s planned release of its mass […]

Tesla Model S Stories October 1, 2015

A look at Tesla’s sales ahead of Q3 delivery results

Tesla Motors is set to release by early next week the number of Model S’s delivered during the third quarter 2015. Tesla’s sales are an important metric for the short and mid-term future of electric vehicles. Like any other industry, the automotive industry is driven by profit-making.  If an automaker solely manufacturing electric vehicles, like Tesla, […]

Tesla Model S Stories June 16, 2015

Understanding Tesla’s self-driving features: The Autopilot

Self-driving cars are a popular topic of discussion and the times of Google singlehandedly spearheading the effort seem long gone with what feels like every tech company on earth working on their own autonomous driving projects. One thing that inevitably comes up when talking about self-driving vehicles is predictions, but as the tech comes closer to […]

Tesla Model S Stories January 28, 2016

Model 3 surprise: Tesla is preparing to announce 2 vehicles in March (Updated: Tesla Denies)

(Update: A Tesla Spokesperson called this report “wrong” and that only 1 of the vehicles would be announced in March. Tesla is indeed working on [at least] 2 different Model 3 platform vehicles which we reported previously. Here’s something they were able to verify.)

We’ve seen the Chevy Bolt (not just seen, driven!) so, in March, it is Tesla’s turn to unveil its $30,000 long-range electric car. We’ve had a steady stream of whispers on the Model 3 but are unable to verify much of what we’ve heard.

The biggest tidbit I’ve heard from a second-hand source is that Tesla is readying at least 2 different versions of its Model 3 for the March launch. One version is a sedan and another is a small crossover built on the same platform. I can’t verify if the crossover is the Model Y that Elon Musk mentioned in a Tweetstorm last year, but that would make some sense. We’ve heard that this vehicle will be a smaller version of the Model X with its Falcon Wing doors. Again, it will have a premium price over the Model 3 similar to the $5,000 difference between the Model X and Model S. 

I decided to hold off on publishing this info until I saw Tesla’s Hong Kong presentation this week, which included two cars under wraps (pictured above). Yes, obviously, the artwork is simply a Model X and Model S under digital covers, but the fact that there are two cars to be unveiled adds a little more credence to what I’ve heard.

We broke the news in March of 2014 that the Model 3 platform would be more than just a sedan with the leaked slide presentation below which first mentions “Crossover”.

My source believes that the plan around Christmas of last year was to launch at least two vehicles or configurations at the same time, but obviously things could change. Also, Tesla could have two projects happening simultaneously to contain/isolate leaks.

Other Model 3 info follows:

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