Fremont Stories May 5, 2016

TSLA: 211.53

-11.03
Stock Chart

Following Tesla’s announcement that it plans to double its total production output to 500,000 vehicles in 2018 and 1 million in 2020, Tesla CEO Elon Musk was asked by analysts how and where he plans to manufacture those vehicles.

While the company has been talking about plans to build more vehicle factories in Europe and China, Tesla’s Fremont factory remains its only full-fledged car manufacturing facility. Company officials have always referred to the Fremont plant’s total capacity to be around 500,000 cars per year once optimized, which is what Toyota and GM were producing when they owned the factory, until now. expand full story

Fremont Stories May 3, 2016

TSLA: 232.32

-9.48
Stock Chart

As Tesla is looking to almost double its annual vehicle production every year for the next few years, it has to significantly increase its headcount, which currently stands at just over 15,000 employees. Now Tesla is reportedly set to go on a hiring spree this weekend to hire “hundreds” of “production assembly associates” at a “massive” job fair in Fremont, California, according to job listings.

Tesla recently confirmed that it is currently working on increasing its production plans to minimize the wait for the Model 3 following the storm of reservations it received for the $35,000 all-electric sedan – approaching 400,000 cars as of the latest update. expand full story

Fremont Stories May 2, 2016

TSLA: 241.80

1.04
Stock Chart

The World Energy Innovation Forum (WEIF) managed to secure not only an impressive lineup of industry leaders to speak at the event, but also quite a venue for this year’s conference. The forum will take place Wednesday and Thursday at the Tesla Fremont Factory in Fremont, California. expand full story

9to5toys 

Fremont Stories April 28, 2016

TSLA: 247.71

-3.76
Stock Chart

A German publication, Captain Gadget, managed to get authorization from Tesla to film the Model X assembly line at the Fremont factory in California. The result is rare footage of Tesla’s highly automated assembly line and rarely seen sections of the factory. expand full story

Fremont Stories March 21, 2016

TSLA: 238.32

5.58
Stock Chart

Google Glass Enterprise Edition has been leaked in full at this point, but what good is new enterprise-focused hardware unless it’s being used in the field? APX Labs, one of Google’s Glass at Work partners, has confirmed on its site that it has signed renowned maker of electric vehicles Tesla Motors as a client, and there is speculation that the company is using the latest unannounced Glass hardware to increase productivity at its Fremont factory…

Update: While multiple people close to the situation say that Tesla is still deploying both Glass and Vuzix hardware in some capacity at Fremont and running trials to compare the platforms, Tesla has reached out saying that “Tesla does not use Glass hardware in the Tesla Factory”. It seems that, while we’re confident Glass was at Fremont at one point, the company has recently moved away from Google’s platform. A person says that Google engineers were at one point referring clients like Tesla to Vuzix while the Enterprise Edition was in development.

expand full story

Fremont Stories January 30, 2016

TSLA: 191.20

1.50
Stock Chart

Last night, Tesla held its first ‘Meet Model X’ event to let more people, especially reservation holders, have access to the vehicle. The company regularly holds similar events for the Model S, but it appears to be the first of its kind for the automaker’s new all-electric crossover. expand full story

9to5mac 

Fremont Stories January 26, 2016

TSLA: 193.56

-2.82
Stock Chart

A fire on the roof of the Tesla Fremont factory has been reported this morning. The Fremont fire department already reported that it has been extinguished. expand full story

Fremont Stories October 7, 2015

TSLA: 231.96

-9.50
Stock Chart

Fred did some excellent work sorting out the Model X pricing but I was surprised to hear that I’d be able to buy a Model X for $75K  before incentives and $65K with…next year.  But how does Tesla get to the $75K price point without going against CEO Elon Musk’s “Model S +$5000” pricing scheme? After all a Model S 70D is currently listed at $75,000. expand full story

Fremont Stories October 2, 2015

TSLA: 247.57

7.69
Stock Chart
Tesla Motors released its delivery results today for July through September 2015 and confirmed that the company delivered 11,580 cars during the quarter. For the first time, the number includes two different models in the same quarter: Model S and Model X.

Presumably, only the 6 Model X’s delivered during the launch earlier this week are accounted for in the third quarter results, meaning Tesla delivered ~11,574 Model S’s beating its previous record of 11,532 units achieved during Q2 2015. expand full story

9to5google 
SolarCity CEO Lyndon Rive and Chairman Elon Musk are officially announcing a new high-efficiency solar panel today at the Inside Energy conference. During an interview at the conference, Elon Musk was talking about his other venture, Tesla Motors, and he revealed that the recent launch of the Model X caused a big uptick in orders for Tesla’s other vehicle, the Model S. expand full story

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