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Tesla could make 800 Model S EVs a week by late 2014

Tesla continues to impress, with high demand pushing the small, California-based company well beyond its initial projections of 400 Model S EVs per week. According to Tesla CEO Elon Musk, "We're above 400 a week at the current manpower, and not trivially above it." If things continue at the current pace, Tesla's Fremont, California factory, former home of the General Motors/Toyota NUMMI facility, will be pumping out 800 cars per week by late 2014.
That number will eventually come to include the Model X SUV and a smaller, more affordable alternative to the Model S. There's even chatter of a compact SUV, according to a story from Bloomberg.
Even if Tesla produces 800 cars per week for an entire year, the company hasn't even approached the maximum capacity of its Fremont factory. The NUMMI facility was producing 500,000 units per year during its glory days. And while that number is still far off for Tesla, Musk claims it'll happen eventually. "We going to have every kind of car you could possibly imagine. If it moves, we'll make it."

Demand for electric car rentals unplugged by range anxiety

It's the hurdle that electric vehicles must clear to be launched into the mainstream: range anxiety. But this time it isn't prospective customers who worry about running out of juice, Bloomberg reports, but renters who return to car rental agencies before their lease is up and trade their EVs in for more traditional gasoline-powered autos and gas-electric hybrids.
"People are very keen to try [electric vehicles], but they will switch out of the contract part way through ... they think they can't get to a charging station," says Lee Broughton, head of sustainability at Enterprise. Enterprise customers who rent EVs reportedly trade them in 1.6 days into the rental period on average, which compares unfavorably to the six- to seven-day rental periods of traditional, fuel-burning automobiles.
Christopher Agnew, an analyst at MKM Holdings LLC, says that longer range would help rental customers' range anxiety, especially since they are usually renting vehicles in unfamiliar places.

Tesla to earn $250 million from sales of California environmental credits

Tesla Motors is expected to release quarterly earnings figures within the next few days, and the Silicon Valley automaker is thought to have attained profitability for the first time ever. As it turns out, a good bit of that profit will reportedly come from the State of California.
According to an article from the LA Times, Tesla, which is reportedly on pace to sell 20,000 vehicles in 2013, receives as much as $35,000 in environmental credits from California for each Model S it sells. These credits can then be sold to other automakers that do business in the state but don't sell zero-emission vehicles of their own. Some experts believe Tesla could earn up to $250 million from such ZEV credits.
While profits from ZEV credits equals good news for Tesla, some experts and rival automakers aren't very pleased with California's strong-arm tactics when it comes to the sales of electric vehicles. "At the end of the day, other carmakers are subsidizing Tesla," said Thilo Koslowski, an analyst at Gartner Inc.