Panasonic’s pace has been an issue since the Gigafactory opened, and Tesla says demand continues to outstrip supply The supply of batteries made by Panasonic is still the “fundamental constraint” on the production of Tesla products, the company said Thursday. The electric car maker isn’t getting enough batteries from the production lines that Panasonic operates […]
Tesla’s Vision Of An EV + Solar + Battery Storage Future Now Becoming Industry Norm
Part of investors’ fascination with Tesla has long been the company’s focus on the evolution of manufacturing hardware and software. The plan to integrate energy generation and storage — to “create stunning solar roofs with seamlessly integrated battery storage,” as described in Master Plan, Part Deux — has also provided allure. Sure, the Tesla acquisition […]
Tesla Model 3 = 60% Of US Electric Vehicle Market
Looking at pure electric vehicle sales in the United States, there’s one clear takeaway — the Tesla Model 3 dominates. The Tesla Model 3 has gotten tens of thousands more consumers per quarter to go electric than any previous electric model could. Other electric cars have their own appealing features — after all, they also […]
EV Demand Cliff or Just a Blip? Tesla Deliveries Plummet 31% in First Quarter
Tesla announced its Q1 production and delivery numbers last night—and the news is not good. Electric vehicle pioneer Tesla announced its first-quarter delivery numbers last night — and the news is not good. After pulling out all the stops to deliver a record 90,700 cars last quarter, Tesla delivered just 63,000 cars this quarter. That’s […]
Tesla ships 63,000 vehicles in Q1, missing expectations
Tesla on Wednesday announced it delivered about 63,000 cars in Q1, below analysts’ expectations of 76,000 deliveries. It also said it produced approximately 77,100 cars during the quarter. However, the company reaffirmed full-year guidance of 360,000 to 400,000 vehicle deliveries in 2019, which should reassure investors given this quarter’s miss. It also said that approximately […]
Tesla Installs 7 Megawatt-Hour Battery for Emergency Power at a Japanese Railway
Amid the tumult of its automotive business, Tesla’s energy storage group keeps installing record-setting, grid-scale batteries. Tesla just installed its largest energy storage project in Asia to date — and deploying the hardware took just two days. (Here’s a time lapse of the build on Instagram.) According to Tesla, the 7 megawatt-hour installation in Osaka, […]
How Electric Cars Can End The Age Of Oil
To understand how electric cars can end the Age of Oil, you might want to visit a fast food restaurant. Oil may have dominated our economic times, but it fades in significance when compared to salt. Civilization was built on the stuff that McDonald’s now gives its customers for free. Salt is essential to the […]
Kelley Blue Book: Tesla Model 3 To Be #2 Vehicle In USA At Holding Value Over 3 Years, But There’s More
The folks at Kelley Blue Book are experts at valuing used cars and they have some interesting things to say about the prices of used electric vehicles. In general, cars with shorter range suffer far more depreciation than cars with longer range. The line of demarcation today seems to be 200 miles. Below that number, cars plummet […]
Elon Musk at Model Y Reveal: ‘This Is The Year of the Solar Roof and PowerWall’
Tesla reveals its Model Y crossover. But only after the CEO gave a Tesla history lesson and touted the solar roof. Tesla revealed the Model Y small crossover at its Southern California offices late Thursday night. The new product introduction comes at the same time that the EV pioneer is going through a bit of […]
Tesla in talks with China’s CATL for rechargeable batteries
CATL has been discussing the required specifications for the batteries with Tesla officials, the people said, asking not to be named because the talks are private BEIJING: Tesla Inc is in talks about ordering rechargeable batteries from top Chinese producer Contemporary Amperex Technology Co Ltd to power Model 3 cars the US electric automaker plans […]