Thu, Mar 5, 2015, 10:51 AM EST - U.S. Markets close in 5 hrs 9 mins

Recent

% | $
Quotes you view appear here for quick access.

Tesla Motors, Inc. (TSLA) Message Board

kz7m 20 posts  |  Last Activity: 19 hours ago Member since: Sep 25, 2004
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Tesla founder Elon Musk has announced a new project that could get millions of people off the grid.

    Musk’s increased interest in the emerging energy storage market has led to plans for a giant lithium-ion battery factory. Home and businesses owners could buy these battery systems for backup power or for managing solar electricity generation and use.

    Musk, also of Space X and PayPal fame, said the designs for a residential or commercial battery are already complete and will likely be unveiled to the public "in the next month or two," with production potentially as little as six months away. Tesla already is working with SolarCity, which bundles Tesla’s battery systems with solar panels and markets them to consumers and businesses.

    Tesla's battery and charging technology could significantly reduce electric bills. Although most homes draw energy directly from the electricity grid, the spread of cheap solar panels means homes can now generate their own energy. However, as of yet there is no way of storing the excess energy for later use or for sale back to the grid. Storing renewables efficiently has been a big bottleneck for consumers and utilities alike, but Tesla's stationary battery may change the way electricity is priced and traded on a market scale.

    “There may be a 'tipping point' that causes customers to seek an off-grid approach,” Morgan Stanley said last year. “The more customers move to solar, the remaining utility customer bill will rise, creating even further ‘headroom’ for Tesla’s off-grid approach.”

    California’s recent incentive program encourages utility companies to use energy storage. An advantage of Musk’s battery development is that utilities could use energy storage to bank solar and wind electricity when there’s too much of it and then discharge the energy from storage and into the grid when demand is high.

    "A lot of utilities are working in this space, and we're talking to almost all of them," said Tesla's chief technical officer, JB Straubel. "It’s early-stage stuff and a lot of these projects are very far out since the procurement cycle for utilities is so long. But this is a business that certainly is gaining an increasing amount of our attention."

    Energy storage technologies have become increasingly popular given this burgeoning market. California’s CalCharge initiative partnered large public companies Duracell, Volkswagen, LG and Hitachi with small private companies to provide high-grade science and equipment to accelerate storage innovation. Also, just last year a former Philip Morris cigarette plant switched gears to produce wind and solar farm energy storage batteries and Japanese corporation Sumitomo developed and installed the world's first large-scale power storage system that utilizes used electric-vehicle batteries

    Sentiment: Strong Buy

  • Bloomberg) -- Tesla Motors Inc. is staffing up for its new stationary-storage unit that will make battery packs and help founder Elon Musk expand beyond electric vehicles into providing energy for homes, businesses and utilities.

    The electric-car maker currently lists 78 open jobs on its website for the storage team, including chief counsel, several engineers, an installation project manager, and a regulatory and policy advocate.

    “The business unit will be a multi-billion dollar per year one in the near term and the fast-growing team is adding top team members for engineering, business and sales,” according to Tesla’s job description for one of the roles. Khobi Brooklyn, a spokeswoman for the Palo Alto, California-based company, declined to elaborate and said via e-mail that Tesla plans to share more information about its energy-storage plans in the next few months.

    Energy innovation has been fundamental to Tesla’s success from its early days selling battery packs to Toyota Motor Corp. and Daimler AG, to the construction of the world’s largest battery factory near Reno, Nevada. When the site reaches full production in 2020, it will more than double the world’s supply of versatile and powerful lithium-ion batteries, Tesla has said. Beyond allowing for production of a more affordable electric car, the batteries will provide backup power for homes and businesses and eventually meet wholesale energy demands.
    By 2020, the annual global investment for stationary-grid energy storage is expected to be $5.1 billion, more than 17 times higher than investments in 2013, according to a June 2014 report from Bloomberg New Energy Finance.

    Tesla’s growth in the market has been more visible in company filings and presentations.

    Energy Focused

    The company’s most recent 10-K included “stationary energy storage systems,” as well as electric cars in the list of products that it designs, develops and manufactures. Mateo Jaramillo, Tesla’s director of Powertrain Business Development, gave a presentation called “Tesla and the Giga-Scale Grid Storage Effort” at an energy-storage conference in San Diego this week and is scheduled to speak at the Energy Thought Summit in Austin, Texas, later this month.

    In June, Chief Executive Officer Musk is billed as the featured speaker at the Edison Electric Institute’s annual convention, in New Orleans, a gathering attended by the top U.S. utility executives.

    Making batteries for stationary-storage devices may prove to be easier and faster than making cars.

    “The battery business, while still in its infancy, could ultimately be a better business, as it could generate higher margin and require less ongoing spending,” said Ben Kallo, an analyst with Robert W. Baird & Co. “The market is less competitive.”
    Tesla sold 31,655 cars in 2014 and is forecasting deliveries of 55,000 this year, including the Model X, an oft-delayed sport-utility vehicle it plans to introduce this summer.

    Key to Tesla’s efforts to drive down battery costs in order to make a $35,000, mass-market electric car is its planned “gigafactory.” The facility, which should be in production by early next year, will initially provide packs for Model S and Model X vehicles, according to Tesla’s most recent annual report.

    Tesla’s push into energy storage will pit it against battery makers such as LG Chem, Samsung Electronics Co. and Saft Groupe.

    Residential Batteries

    Last month, Musk told analysts that Tesla plans to debut a battery for use in people’s homes and production may start “in about six months or so.” The company already offers residential energy-storage units to select customers through SolarCity Corp., the company that lists Musk as its chairman and biggest shareholder. And Tesla’s Fremont, California, factory is already making larger stationary-storage systems for businesses and utility clients, with several yet-to-be announced installations in the field.
    Last month, Musk told analysts that Tesla plans to debut a battery for use in people’s homes and production may start “in about six months or so.” The company already offers residential energy-storage units to select customers through SolarCity Corp., the company that lists Musk as its chairman and biggest shareholder. And Tesla’s Fremont, California, factory is already making larger stationary-storage systems for businesses and utility clients, with several yet-to-be announced installations in the field.

    Tesla and Oncor Electric Delivery, owner of the largest power-line network in Texas, have discussed a $2 billion investment in stationary battery storage to solve the challenge of fluctuating output from solar and wind.

    Combining solar panels with large, efficient batteries could allow some homeowners circumvent buying electricity from utilities and provide back-up power in natural disasters like Hurricane Sandy.

    “Tesla is driving as fast as we can into this space,” said Chief Technology Officer J.B. Straubel, referring to the storage push during a keynote address at the Energy Storage Symposium sponsored by Joint Venture Silicon Valley last spring.

    “I see us more as an energy innovation company at our core than even a car company

    Sentiment: Strong Buy

  • Oncolytics Biotech Inc. (NASDAQ: ONCY) announced that the U.S. Food and Drug Administration (FDA) granted Orphan Drug designation for Reolysin. Reolysin is the company’s lead product candidate that is designated for the treatment of primary peritoneal cancers. It’s worth noting that Oncolytics keeps getting orphan drug designations for this and other compounds.

    Oncolytics has supported two sponsored clinical studies assessing Reolysin in the treatment of peritoneal cancers. One study was a phase 1/2 clinical trial for patients with metastatic ovarian, peritoneal and fallopian tube cancers. This study used concurrent intravenous and intraperitoneal administration of Reolysin, resulting in evidence of viral targeting and replication in peritoneal and ovarian cancer cells.

    The second study is an ongoing randomized phase 2 trial, testing weekly paclitaxel versus weekly paclitaxel with Reolysin in patients with persistent or recurrent ovarian, fallopian tube or primary peritoneal cancer. This trial completed its enrollment last September.

    Dr. Brad Thompson, President and CEO of Oncolytics, said:

    This is the fourth indication for which we have received Orphan Drug Designation in the United States, and the third in a gynecological cancer indication. These Orphan Drug Designations are an important step for Oncolytics’ ongoing program to develop and commercialize REOLYSIN as a therapeutic for targeted cancer patient populations.

    Recently, Oncolytics has received a few other Orphan Drug Designations for Reolysin. On February 9 Reolysin received a designation for the treatment of high grade gliomas in pediatric patients. Just a couple of days later Reolysin was granted Orphan Drug Designation for the treatment of ovarian cancer. Then on February 17 and 18, the FDA granted Reolysin a designation for the treatments of pancreatic cancer and colorectal cancer.

    Shares of Oncolytics were up 8% at $1.16 in the second half of the trading day. The stock has a consensus analy

    Sentiment: Strong Buy

  • By 2025, Bosch says electrified powertrains will be in 15-percent of all new cars and eventually become stock equipment for SUVs.

    That prediction comes from Dr. Volkmar Denner, chairman of the board of management of Robert Bosch GmbH. Denner spoke at the Car Symposium in Bochum, Germany earlier this month.

    “Electrification will take combustion engines to new heights,” Denner said.

    Because of the added fuel efficiency and additional torque provided by the electric motors, Denner is anticipating that electrified powertrains will become standard in SUVs.

    SEE ALSO: Study Predicts Self-Driving Market Will Reach $42 Billion In 10 Years

    At the same time, Denner is expecting that battery technology will continue to advance.

    In the next five years, “batteries will deliver twice as much energy density for half the present cost,” said Bosch.

    Denner is estimating that a decrease in battery prices will help lower prices of electrified vehicles, making them “considerably more affordable.”
    Bosch is expecting two other segments of the electrified market to grow as well: connectivity and e-bikes. The company plans to launch new products to take advantage of this growth.

    To make recharging more convenient, Bosch announced that they are developing a new app. It will connect a consumer’s smartphone and PayPal account to create a seamless recharging experience without separate credit cards.

    “Electric cars are good but connected electric cars are better,” Denner said.

    Bosch has also branched out to two-wheel vehicles. The company manufactures an electrified powertrain for bicycles used by more than 50 bike brands.

    This e-bike has become the “most successful electric vehicle” in Europe, according to Bosch.

    “For more than 100 years, riding a bike was a mechanical process. No one saw any reason to change it. Then along came the e-bike, and completely redefined a market everyone thought would never change,” said Denner.

    Sentiment: Strong Buy

  • Here's what the magazine had to say:

    "For all of the impressive new vehicles released in 2014, none was able to eclipse the innovation, magnificence and sheer technological arrogance of the Tesla. That's why it's our best overall pick for the second consecutive year. Through the course of their life cycles, cars become obsolete quickly as newer models appear with updated gizmos. But with Tesla's over-the-air software updates, a Model S that came off the line in 2013 has many of the same new features as one built today. Despite the Tesla's teething problems at launch, our subscriber reports showed average reliability. The Model S is a technological tour de force, a high-performance electric vehicle with usable real-world range, wrapped in a luxury package."

    Sentiment: Strong Buy

  • BUY TESLA
    By Elvina Nawaguna

    WASHINGTON (Reuters) - Honda Motor Co. has agreed to pay $70 million to the U.S. government in penalties for failing to report hundreds of injuries, deaths and other consumer claims involving its cars, transportation officials said on Thursday.

    Honda will pay two $35 million fines, making it the largest amount ever paid by an automaker as a result of an investigation by the National Highway Transportation Safety Administration. The agency's fines are capped by law at $35 million per incident. Other automakers have settled civil claims with the U.S. government over safety defects for far more.

    The automaker has been under investigation for violations of NHTSA's Early Warning Reporting regulations. The rules require automakers to report quickly any information about possible defects, deaths and injuries or damage and warranty claims made by consumers.

    In November, Honda revealed it had failed to report 1,729 cases involving deaths or injuries between July 2003 and June 2014.

    Eight of those incidents involved Takata Corp air bags that had ruptured and have been the subject of massive recalls and federal investigations.

    "One thing we cannot tolerate and will not tolerate is an automaker failing to report to us any safety issues, because if we don't know about these problems, we're missing an essential piece of the puzzle in the recall efforts we use to fix them and to protect the public," U.S. Transportation Secretary Anthony Foxx said during a news call.

    The automaker had earlier attributed its disclosure transgressions to data entry and computer programing errors, and also said it had relied on an "overly narrow interpretation" of its legal reporting requirements

    "We have resolved this matter and will move forward to build on the important actions Honda has already taken to address our past shortcomings in early warning reporting,” Rick Schostek, executive vice president of Honda North America Inc, said in a statement.

    The company said it was initiating new training regimens, changing internal reporting policy and enhancing oversight of its early warning reporting process.

    Foxx said the $35 million cap per case need to be lifted, because a single violation could lead to a death.

    "In this situation, we're talking about 11 years - 11 years of information we did not have. It's egregious and I think the penalties reflect that," Foxx said.

    Sentiment: Strong Buy

  • With FCEL and Gold in the toilet I have been searching for a new investment opportunity and think I finally found the right one!

    Thought you might want to consider getting in on the ground floor.

    A German Engineer just started his own business in Afghanistan.

    He's making land mines that look like prayer mats. It's doing well.

    He says prophets are going through the roof.............

  • New Opportunity
    .

    With cCSCO and Gold in the toilet I have been searching for a new investment opportunity and think I finally found the right one!

    Thought you might want to consider getting in on the ground floor.

    A German Engineer just started his own business in Afghanistan.

    He's making land mines that look like prayer mats. It's doing well.

    He says prophets are going through the roof.............

    Cheers,

  • SAN FRANCISCO (MarketWatch) — Tesla Motors Inc.’s pricey Model S sedan was the best-selling electric car in the U.S. in December, beating the cheaper leaf from Nissan Motor Co. for the first time, according to one estimate.

    Tesla TSLA, -0.16% which in October launched a souped-up version of the Model S, sold 3,500 cars last month, according to estimates by Inside EVs, a website that tracks electric-car sales and news.

    Unlike other car makers, Tesla does not report its monthly unit sales. It only reports quarterly deliveries with its quarterly financial results. It is next expected to report on Feb. 18, according to FactSet. Tesla has not yet said when it will release fourth-quarter earnings.

    That means there is plenty of room for disagreement over just how well the Model S sold last month. Analysts at Cowen, for instance, estimate Tesla sold 1,900 Model S in December and 16,500 of the luxury sedan in all of 2014. Industry tracker Motor Intelligence estimates Tesla sold 1,600 Model S in December, bringing 2014 sales to 18,750.
    Inside EVs couldn’t be reached for comment about its estimate.

    Nissan 7201, +0.50% on Monday said it sold 3,102 Leafs in December. The Leaf, which has a sticker price of $30,000, was the best-selling electric car in 2014, with 30,200 units sold, Cowen said.

    Teslas are far pricier. The most basic version of a Model S costs $71,000. The Model S P85D, with dual motor, all-wheel drive and other perks, starts at $104,500, according to Tesla’s web site.

    One electric-car model that saw a drop in December sales was General Motors Co.’s GM, +2.84% Chevrolet Volt. Some 1,490 units were sold, 38% fewer than a year earlier, as customers appeared to be waiting for the 2016 model, expected to debut next week in Detroit and hit dealerships in the second half of the year. The Volt sells for $35,000.

    Some 118,259 electric cars were sold in the U.S. last year, 18% more than in 2013, the Cowen analysts said.

    Electric-car sales, however, are still a sliver of the overall U.S. car market, which also boomed in 2014. U.S. car sales rose 6% on year in 2014, with 16.5 million vehicles sold, the highest annual unit sales since 2006, according to analysts at Stifel. They estimate sales will climb to 17 million vehicles this year, in part because of lower gas prices and low interest rates.

    For its part, Tesla is hoping to start producing a mass-market electric car in the next two to three years, and the debut of a SUV, the Model X, is expected later this year.

    Tesla shares have lost 5.2% in the past three sessions, but are up 41% in the past 12 months.

    Sentiment: Strong Buy

  • Tesla recently provided upgrades for 2400 Roadsters sold from 2008 to 2012 with a boost in range to over 400 miles Tesla is is probably the only Technology company to retrofit an older generation product with the latest technology. The old range was 244 miles. The first Roadsters in 2008 were becoming due for new battery packs.

    The improved range are from
    * new lithium-ion battery pack with higher energy density (70 kwh instead of 53 kwh)
    * a new “aero kit” that reduces drag on the car
    * new tires with less rolling resistance

    Tesla Model S will have 500+ mile range probably by 2017 – 2018; and all the existing Model S, could be retrofitted with the new Battery Packs, when available.

    Battery Swaps and Component Upgrade Overhaul for electric cars

    Tesla is testing out battery swapping. They can just pull the whole battery pack out of cars and replace them in minutes.
    The Roadster battery, aero kit and tire overhaul shows that it is far easier and simpler to upgrade electric cars versus gasoline combustion vehicles.
    The battery swapping technique of taking a battery pack out and putting in a new one in as little as 90 seconds

    Tesla luxury car could justify longer life for electric cars

    Previously the replacement of the battery pack in an electric car was viewed as a major cost and flaw. Tesla could change this into a periodic (every 6-10 year) overhaul and upgrade of the car. Two upgrade overhauls could see an electric car lasting 18-30 years and being better than new with longer range and improved performance.

    Sentiment: Strong Buy

  • Here's your daily reminder that Elon Musk is from the future, and possibly not from this planet: he just tweeted that Tesla is working on an automatic charging system that will extend from the wall on its own and connect to a Model S "like a solid metal snake," adding that it would work with all existing Model S vehicles on the road. It's not clear whether such a system would be designed for Supercharging stations
    Musk had joked that he'd like to see such a system back at the launch of the P85D in October. At that same event, Tesla had talked about autonomous driving hardware that had recently been integrated into the Model S; one new feature was an automatic, electrically actuated charger port door. The CEO noted that the goal was for the car to be able to drop its driver off then automatically park itself in a garage, and the automatic door could be part of a self-charging system — but this "solid metal snake" can apparently work with existing cars that don't have the automatic doors.

    Given Tesla's recent conservatism toward long-promised battery swaps, it's worth noting that "working on" something doesn't guarantee the company is going to launch it quickly or at all. Still, if this happens, let's be thankful that Musk is terrified of AI — an articulating, artificially intelligent solid metal arm with a stun gun on one end doesn't sound like much fun at all.

    Sentiment: Strong Buy

  • Dec. 26 -- Bloomberg’s Olivia Sterns reports that Tesla Motors CEO Elon Musk is looking to grow his business in China buy helping buyers trade in their old cars for a Model S.

    Sentiment: Strong Buy

  • Jamie Albertine, Stifel Equity Research, has Tesla's the highest price target on Wall Street. Albertine upgraded the stock based on production.

    Sentiment: Strong Buy

  • When a traditional car company gets ready to launch a new model it sends out teaser images, cryptic videos and hints -- on or off the record. But not Tesla whose CEO, Elon Musk decided to simply tweet directly to an existing Roadster owner that a new car is coming.

    And it's coming very soon as Musk has promised that an updated Roadster will be officially unveiled "next week" as 2014 becomes 2015.
    What isn't clear is whether the announcement will be a special upgrade package for the existing Roadster or a completely new, redesigned open top sportscar.

    The first-generation Tesla Roadster was the electric car company's first model. Developed in partnership with Lotus, it borrowed much of its exterior appearance from the Lotus Elise. However, that was where the similarities ended.

    The Roadster could accelerate from 0-60mph in under four seconds and was capable of covering over 200 miles on a single charge. And as impressive as it was, the Model S executive sedan that followed it in 2012 is such a quantum leap forward in terms of battery and charging technology that the Roadster feels much older in comparison that it really is.
    Musk has dropped hints in interviews and during shareholder meetings throughout the year that the company was planning to do something with the Roadster. However, he has been intentionally vague as to whether the company was building a new car or planning to recall existing models and significantly upgrade their hardware and software.

    In October Tesla took the wraps off a new sportier version of the Model S -- the Model ‘D' which uses two electric motors sending power to all four wheels and capable of hitting 100km/h in 3.2 seconds, a fraction slower off the mark than a two-seater Ferrari 458 Italia.

    There's a good chance that the Roadster -- whether a brand new model or an upgrade for the existing car -- will use the same dual engine, four-wheel-drive set-up to improve handling, grip and acceleration.

    Sentiment: Strong Buy

  • Say what you will about Tesla Motors chief executive Elon Musk, he's one of the very few global automaker CEOs who personally responds to owner questions via Twitter.

    And he's at it again, promising late Friday afternoon that details will be coming this week on the promised battery upgrade for the Tesla Roadster sold in the U.S. from 2008 through 2011.

    DON'T MISS: Tesla Roadster To Get Replacement Battery, 400-Mile Range: Musk (Aug 2014)

    "Roadster update details coming next week," Musk tweeted in response to a question from Twitter user Manfred Hillinger.

    "Several crisis issues [with] higher priority pushed this out longer than expected."
    In a July interview with British car magazine Auto Express, Musk said Tesla would offer a "new-generation battery pack" with "a range of about 400 miles" for the Roadster.

    That, he noted, would be sufficient to let owners travel from Los Angeles to San Francisco without stopping

    ALSO SEE: Battery Life In Tesla Roadster Is Likely Better Than Predicted (Jul 2013)

    Unlike the company's Model S electric luxury sedan, most versions of which have been fitted with Supercharger DC quick-charging capability, the 2,500 Roadsters sold did not incorporate quick charging.

    So a new battery pack offering 400 miles of range will get Roadster drivers closer to the practicality that Model S drivers enjoy today for long-distance trips.
    The question of whether Tesla might also add Supercharger capability to its Roadsters hasn't been directly addressed.

    The Roadster battery pack, containing 6,831 small cylindrical lithium-ion cells, is rated at 53 kilowatt-hours of energy and 265 miles of range.

    MORE: 2014 Tesla Model S P85D: First Drive Of All-Electric AWD Performance Sedan

    Also left unaddressed until Tesla releases details of the Roadster pack upgrade is any discussion of the cost.

    The Roadster ended its limited production run in 2011 at a price of $109,000, and a battery upgrade seems highly likely to cost five figures.

    Sentiment: Strong Buy

  • Don’t sell your Tesla investments just yet. It’s apparently a hot stock pick for 2015 according to Wall Street experts.

    But wait, I know what you’re saying — isn’t Tesla stock in the doldrums because of falling gas prices? Apparently, Tesla’s electric vehicles aren’t held in high regard for being fuel sippers and the delayed Model X will help turn things around.
    The secret to Tesla’s success in 2015, according to CNBC, is investors look at it as a high-end technology company. It’s not a destination for people looking to bypass the gas pumps. “Tesla shares are due for a 30 percent comeback in the next 12 months based on the average analyst price target of $269.25 compiled by FactSet,” the site says.

    Sure, Elon Musk, the founder of Tesla, saw his holdings drop $1 billion in the last month. Apparently he’s going to make it all back and then some in 2015. Analysts are expecting its Model X to be the game changer.
    Predictions are Tesla shares should top Google, Netflix, Apple and Priceline in 2015. (Wait a minute – Priceline is still in business?) CNBC says, “… analysts are sticking by their bullish price targets for Tesla, seeing the electric car company as a high-end technology story and not an alternative energy story.”

    Dig deep into your couch. See how much coin you can spare to invest in Tesla. You might seem some good returns in 2015.

    Sentiment: Strong Buy

  • The Tesla Model S P85D has only been on sale for a few weeks.

    But given its specifications it was only a matter of time before the dual-motor all-wheel drive electric car bloodied the nose of a more traditional performance vehicle.

    Sure enough, video of a P85D drag racing a Ferrari has already appeared on the clearinghouse for questionable stunts that is the Internet.

    SEE ALSO: Tesla Reveals 'D' All-Wheel-Drive Model S, 'Autopilot' Feature

    YouTube user Rego Apps uploaded video (via Car Throttle) taken from behind the wheel as the Tesla races a Ferrari down a stretch of Florida highway.

    The Tesla makes mincemeat of the Ferrari, quickly leaving it out of sight despite the Italian car's driver getting a bit of a head start.
    The Tesla makes mincemeat of the Ferrari, quickly leaving it out of sight despite the Italian car's driver getting a bit of a head start.

    2014 Tesla Model S 'P85D' all-wheel-drive model
    2014 Tesla Model S 'P85D' all-wheel-drive model

    The opponent was either a 550 or 575M Maranello--two versions of an older model that's been out of production for over a decade.

    Still, it's impressive to see an electric luxury sedan trounce anything wearing the Ferrari Prancing Horse badge.

    MORE: Tesla Model S Drag Races: Noisy Or Very Quiet, Your Choice (Videos)

    Not satisfied, the driver claims he went on to pit the Model S against his own Lamborghini Aventador.

    A supercar of a more recent vintage, the Aventador boasts the same 691 horsepower and all-wheel drive traction as the P85D.

    There doesn't appear to be any video of that contest, but the poster says the Tesla beat the Lamborghini off the line, and the two cars were neck and neck by about 60 mph.
    The Aventador apparently got away eventually though. With equal power between the two cars, two-seat supercar's lighter weight likely gave it the advantage.

    While it may not be able to topple every supercar, it appears the Model S P85D can certainly hold its own.

    With a factory-estimated 0-to-60 mph time of 3.2 seconds, it's already the quickest accelerating four-door sedan currently in production.

    Sentiment: Strong Buy

  • Tesla Motors Inc (NASDAQ:TSLA) hasn’t even started shipping the Model X yet, but already we have a comparison of it with some of the other most popular SUVs. If the calculations are correct, Tesla’s crossover vehicle could be the fastest to go from zero to 60 miles per hour.
    How quickly does Tesla’s Model X accelerate?

    Of course we won’t know how good the math is until the first Model X vehicles hit the road and early adopters start clocking the acceleration speed in the real world. Nonetheless, for Tesla enthusiasts, the comparison is certainly enough to whet their appetite.

    EV Obsession (via Clean Technica) spotted a chart with the comparison on the Tesla Motors Club forum. It was posted by forum member MartinAustin, who compiled the data after reading an article about the ten fastest SUVs on the market.

    Guessing the specs of Tesla’s Model X

    According to his calculations, the Tesla Model X P85D will accelerate from zero to 60 miles per hour in just 4 seconds. That’s only a touch faster than the two Porsche models he listed, the Cayenne Turbo S and the Cayenne Turbo. The crossover is priced at $110,000, compared to the Cayenne Turbo S’ $146,995 and the Cayenne Turbo’s $111,395 price tags.
    He estimates that the Model X will use about 400 watt hours per mile, which is far ahead of all the others on the list, most of which clock in at more than 2,000 watt hours per mile. This demonstrates what Tesla is perhaps most-praised for: its battery technology.

    How did he come up with these numbers?

    So did he just pull some numbers out of thin air and stick them on a chart? Of course not. He does give a great explanation of how he figured estimates for the Model X, and when the vehicle finally does hit the streets, the final specs will likely be different than what he figured. But here’s how he came up with his numbers.

    The Model S P85D weighs 4,900 pounds and is a precursor to the Model X. The Model S goes from zero to 60 in 3.2 seconds. He doesn’t take into account aerodynamics because they don’t matter when a vehicle is accelerating from standing still. It’s all about the mass or power to weight ratio.
    Tesla has said the Model X will weigh about 20% more than the Model S, which means it should have 80% of the acceleration of the Model S. As a result, he estimates that a Model X which weighs 5,880 pounds can hit 60 miles per hour in just 4 seconds.

    What about the price tag? Tesla still hasn’t officially said how much the Model X will cost, but he simply added $5,000 to the price of the Model S because of “hints” from Tesla CEO Elon Musk. He notes that the price doesn’t include any options like the Autopilot or Tech package, which would make the average selling price higher.

    In terms of the watt hour per mile, he thinks it will actually end up being lower than his estimation, but he admits that there’s no way to really estimate it right now

    Sentiment: Strong Buy

  • Tesla Motors Inc (NASDAQ:TSLA) has opened its largest North American sales and service center in Montreal with a view to beef up its Model S sales numbers, according to a report from the Montreal Gazette. The center stretches to 45,000 square feet and is located on Ferrier St. Tesla opened it up last week. The massive center replaces an earlier smaller location at Laval.
    Montreal holds potential for Tesla

    The present store, which was previously a Chrysler showroom, is the largest showroom out of 60 other Tesla locations operating in North America. However, the EV manufacturer is planning to open similar service stores in different regions, according to communications manager Will Nicholas. Jerome Guillen, senior vice president of global sales and service for Tesla, said because the customers are showing keen interest in the brand, it became necessary to move to a larger location.




    Guillen said, “We saw the customer interest increase and increase, and we were just ready to step up. I think we owed it to our customers to be able to have a location to serve them properly.” Guillen said Montreal is a very important location for them.
    The company is expecting the number of Model S on the roads of Quebec to rise into the thousands in a matter of a few years even though there are just 340 of them on Quebec roads as of now, out of around 1,500 in Canada, according to Nicholas. He added that there is a lot of potential for the new Tesla models in Quebec and Montreal, and the company needs to plan for the future. Nicholas said Tesla wants to have a capacity large enough to keep hundreds of thousands of cars.

    More superchargers planned

    Tesla exclusive DC supercharger, which offers 135 kilowatts of direct current to cars, is also installed at the dealership. Guillen said the company has made efforts to install these DC chargers at rest areas or coffee shops to enable Tesla owners to charge their cars within 20 minutes, adding 300 kilometers of range to the battery. Guillen also said charging is free of cost for customers to allow them to go long distances.

    In the future, the Palo Alto-based company is looking to install dozens of superchargers across Quebec, a process which is taking more time than expected. The executive also said with the help of customer input, Tesla will easily identify locations that need chargers.

    Sentiment: Strong Buy

  • Last week, a Tesla investor posted on Reddit that he had spotted Tesla’s latest car — the dual-motor Model S — in a parking lot in Woodland Hills, Calif. It was the first time one of these new high-tech cars had been spotted in the wild.

    Kevin Babineau, a contractor in Southern California, is the owner of that new Tesla. Once we verified he was indeed the owner of that car, Babineau agreed to an interview. He tells us he is absolutely blown away by Tesla’s latest model.

    Mind you, this man owns lots of cars, including models from Ferrari, Mercedes, Ford, and Chevy. He has Humvees and Hummers, an electric car, and a ’69 Chevrolet Impala, among others. He calls himself a hobbyist.

    Babineau says he waited after Tesla unveiled the first Model S — he already owned the Roadster, which is the sportscar Tesla made before the Model S. But once the dual-motor Model S surfaced in October, Babineau says he felt “it was time."

    “I’d been waiting for the year and a half or two years [after the first Model S came out], watching them go by. It was something I wanted to do in the beginning, but when I heard about the all-wheel drive and the new stuff they were doing, that made the difference for me,” Babineau says.
    One of Babineau’s friends runs Tesla’s Topanga store in Woodland Hills, so he visited the dealership and ordered the car he’d been building on Tesla’s website weeks prior.

    Babineau ordered all the car’s special features, including the tech package, the smart air suspension feature, the new premium seats, and more. Based on the features he ordered, that car costs about $130,000. He ordered it in "white pearl."

    Just weeks later, on Dec. 5, Babineau received a call from Tesla: his car happened to be landing in San Jose and they wanted to know if Babineau wanted to pick it up if he was close by. He was able to get to the factory in 30 minutes.

    Babineau can’t explain how he was able to get his dual-motor Model S before anyone else, but he insists his friend who owns the Tesla store didn’t give him special treatment. “I think it was just great timing, to be honest,” he says. “I got lucky. I got in early.”

    This was the first time he'd driven the dual-motor version. Babinaue had driven the regular Model S, but he was quick to say the experience in the new car was “ridiculously different” and "night and day."
    The acceleration, 0 to 60 in 3.2 seconds, according to Tesla, blew him away — and keep in mind that he's owned a Ferrari and a Roadster, Tesla's first sports car:

    The speed, first of all, it’s so fast — you’re not used to experiencing that kind of speed. The first thing you do is smile and start laughing. The gentleman that was with me that came to pick it up with me, we were just laughing! The emotions that come out of that kind of speed, in that short a distance, your body’s not used to it. And it’s pulling so many G’s, it’s exciting — it’s roller coaster stuff. It’s fascinating, absolutely fascinating. And it does this to everyone I’ve had in the car, everyone just starts smiling or laughing. It’s pretty cool.

    He also said it was quieter thanks to some sound improvements, and there was “zero rattling” while driving.
    Babineau has been doing plenty of driving in the short time he’s owned the new car. He drove it from San Francisco to Simi Valley, in southern California, and he’s driven it through Malibu and Topanga Canyon.

    “It’s like a slot car, it’s scary how quick and how it sticks going around corners — you’re almost afraid to push it any more because you don’t know what the limit is anymore. It really is amazing for a four-door sedan, the way it slots around corners, and brakes, and takes off, it’s racecar stuff.”
    He’s also been using Tesla’s Supercharger stations, which he calls “a whole unique experience by itself,” since you can pull in, leave your car for a half hour while you go get a drink, “and then you’re good for another 250 miles.”

    I asked Babineau about the Autopilot feature, which is the most talked-about aspect of the dual-motor Model S. Autopilot uses 12 forward-looking long-range ultrasonic sensors to offer a “protective cocoon” around the car that can “see anything,” from traffic signs to small moving objects like children and dogs. It can even park itself while you’re out of the car, and summon the car to arrive at your location with your favorite music playing, or the A/C running.

    Unfortunately, Babineau says the Autopilot feature was not yet activated in his car, but he expected that.

    Still, he says some of the features central to the Autopilot experience are running already: “It reads the signs as you’re going down the highway, as far as speed, and flashes that — if you’re in a 55mph zone and you’re doing 75mph — and it has the lane assist thing that I think most cars have, but the Autopilot thing hasn’t been activated yet. I think it’s coming out shortly.”

    Sentiment: Strong Buy

TSLA
203.6299+1.1949(+0.59%)10:51 AMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.