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Recharge Wrap-Up: Tesla, CarCharging and the EPA

Credit Suisse analysts are bullish on Tesla. The group gives the electric car company's stock an "outperform" rating with a target price of $325. For its continued success, Credit Suisse cites the vehicles' superior technology, in turn offering more torque, roominess and reliability. Says analyst Dan Galves said of Tesla's competition with ICEs, "If Tesla can get to cost-parity with Internal Combustion vehicles and still offer $1,400 to $2,500 per year fuel savings to the consumer, it won't be a fair fight." Read more at Yahoo Finance or at Business Insider. In other Tesla news, Tesla Model S owners will be able to unlock and start their car using an iPhone. The Tesla app is adding this functionality soon, perhaps with the update to iOS 8. It's not yet clear how this function will work, but it's one more innovative convenience feature that Model S owners can enjoy. That means drivers will have less to carry in their pockets or purses when they go for a drive. Read more at 9 to 5 Mac. CarCharging Group has remotely lowered the amperage on some of its residential users' Blink charging stations to 24 amps. This will slow down the charging time for affected customers with 6.6-kilowatt charging by about 15 percent. The company cited safety reasons for the move, with concerns about overheating. The amperage reduction is temporary, until CarCharging is able to provide replacement parts for the chargers. Some are concerned about the delayed action, as well as the fact that the reduction was handled without owner permission. Read more at Plugin Cars. Ford is halting test drives and sales of certain C-Max hybrid and Focus models due to a safety concern. Cars made during a single week this month at a Michigan factory may not have enough ball bearings in the steering gear assembly, which could lead to loss of control. None of the affected cars have been sold, Ford says, and about 50 units are currently at dealerships. Just over 600 will need to be recalled. Dealerships have been notified of the problem. Read more at Reuters and the The Detroit News. A new EPA report shows that urban air in the US is becoming less toxic since the Clean Air Act Amendments of 1990. The report shows a 66-percent reduction in benzene, almost 60 percent reduction in mercury from man-made sources, 84 percent less lead and more.

2013 Motor Trend Car of the Year: Tesla Model S [w/video]

Eleven cars enter, one car leaves. Silently and with zero emissions.
Tesla has earned one of the most coveted prizes in the automotive world, as its Model S has taken home the Golden Calipers as the 2013 Motor Trend Car of the Year. In the process, the Model S beat out a field that included 10 other contenders.
In case you were wondering, this is the first time an electric car has earned this accolade. No internal combustion here, folks. In an impressive run the Model S was also named Automobile Car of the Year and one of the 25 Best Inventions of the year by Time Magazine.

Elon Musk: Tesla Model E will be 20 percent smaller than Model S [w/video]

Somewhere between a Lexus CT 200h and an Acura ILX. But a little quieter and definitely bigger than a breadbox. That's the best comparison we could come up with when trying to get an idea of how big Tesla's more moderately priced sedan will be when it hits the market sometime around 2016. Tesla Motors chief Elon Musk, speaking to the California Public Utilities Commission recently, estimated that the Model E will be about 80 percent the size of the Model S sedan. You can see the video of this below. Now we're not sure exactly what that means, but we can practice a little geometry with the Model S's 196-inch length and 77-inch width and have some fun with the possibilities. And a quick perusal of sports sedans will reveal that the Model E's footprint will be a little bigger than the Lexus in question and slightly more petite than the ILX. Either way, Musk's estimate rounds out the equation of sorts for the Model E, even though he doesn't use that name in the video below. The car will have a minimum 200-mile range, Musk said (perhaps from a 48-kWh pack?) at about half the cost. And with 80 percent of the size. As for when we'll start seeing sales of the Model E, which is supposed to start at $35,000, that deadline has migrated over the years from as late as 2017 to as early as next year and then back to 2016. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.