2019 Model 3 2019 Long Range Awd Fsd Autopilot Nav Pano Camera on 2040-cars

Auto blog

Ohio Senate strips anti-Tesla amendment from bill

Tesla's strategy to sell cars, such as the Model S, through manufacturer-owned retail stores has rubbed traditional franchise auto dealerships the wrong way. The battle between Tesla and the Ohio Auto Dealers Association heated up quickly over the past week because a proposed amendment to an Ohio road-maintenance worker safety bill (Senate Bill 137) threatened to ban Tesla stores in Ohio. The automaker asked for help from its supporters to fight the amendment, and on Tuesday all 12 members of the Ohio senate passed the bill without it, Transport Evolved reports.
After the vote, Tesla sent out an e-mail to its supporters thanking them for their help, which you can read below:
Dear Tesla Advocate,

Tesla considers adding overseas production

Tesla is currently using the old General Motors/Toyota NUMMI facility in California for Model S production, and despite the brand's rapid growth, it's still not coming close to approaching the full 500,000-unit production capacity of that former facility. Still, the EV manufacturer is shopping around for both European and Asian production facilities in anticipation of bountiful increases in sales.
While we'd caution that this counting of chickens isn't the best idea, Tesla has just cause for planning ahead. According to Automotive News, Model S production should crest at 21,000 units by the end of 2013, and 40,000 units by the end of 2014. It'll soon be joined at the Fremont, California factory by the Model X SUV, along with the rumored Model E, which will occupy a volume position for the brand below the Model S. And while the old NUMMI facility might have production capacity for far more vehicles than Tesla can build, churning three separate vehicles out of the same factory might not be as economically viable as just picking up a new factory altogether.
While Musk won't come out and say it, if his logistical predictions are any indication, it's a safe bet that he sees Model E becoming the big-selling model for Tesla. Speaking to Bloomberg, he said, "We'll try to locate those close to where people are, close to where the customers are, to minimize the logistics costs of getting the car to them."

Daimler divests remaining interest in Tesla

Back in 2009, Daimler acquired over 9 percent of Tesla. A couple of months later, it sold 40 percent of that stake to Abu Dhabi-based Aabar Investments. The following year, Tesla listed on the stock exchange and Daimler's interest was reduced to 4 percent. But now the German industrial giant has announced it is selling that 4 percent and divesting from Tesla altogether in a liquidation that is expected to raise approximately $780 million for Daimler. The divestment has also triggered speculation that the move could make room for rival German automaker BMW to take an interest in Tesla.
Despite the divestment, Daimler insists that its technological partnership with Tesla will remain unaffected. Mercedes sources the batteries for its B-Class Electric Drive (pictured above) from the Californian outfit in a deal that is not set to change as a result of the financial realignment. A similar collaboration was in place for the Smart Fortwo Electric Drive, however, now that the new generation of Smarts developed with Renault is on its way, it's possible that a next-generation Fortwo ED will use French tech instead as an extension of the partnership between Daimler and Renault-Nissan.
Daimler has also taken the occasion to point out that, between the Mercedes, Smart and various truck brands, it offers "the industry's biggest portfolio of electric vehicles," including pure EVs, fuel cells and hybrids. The automaker says it will introduce ten new plug-in hybrid Mercedes models by 2017.