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Why is Tesla getting more and more secretive?

Tesla's unorthodox vision and the even more unorthodox means it is using to achieve that vision have made it what it is: a tiny company with an overachieving product and an oversized stock valuation and voice in the global EV discussion. However, one of its unorthodox practices has been giving investors pause for a year now: not divulging information in its quarterly reports that could be taken as adverse developments. An article in Seeking Alpha called "The Incredible Shrinking Tesla Disclosure" lays out the timelines and details to support one analyst's suspicions for why Tesla will no longer say how many reservations it has, how many cars it's building, and where those cars are going. The company has never reported sales by month, not in the US or any other market. However, for more than two years it provided the number of reservations it had, but stopped that practice in Q1 of 2013 after it revamped its reservation process to allow prospective buyers to customize a Model S in three steps and place a non-binding order, rather than place their names on a list. The change meant, to Tesla, that the new reservations numbers wouldn't accurately correspond to the previous numbers, so they disappeared to be replaced by general numbers preceded by phrases like "were over" or "up from about." Yet Tesla still calls that three-stop process "a reservation" and continues to give them general numbers, and those numbers have gone down. Analysts take that as one instance of Tesla going dark when a metric heads down. Then, again after years of doing so, the company stopped reporting deliveries by market. Instead of investors and analysts getting a breakout of how many cars went to each market - the US, Europe, the Asia-Pacific - Tesla only provided a global delivery number, which Tesla says is how many cars were delivered to customers. Observers, having tried to parse the numbers and detected a downturn in US sales, and knowing China is missing its targets, said this was the second instance of Tesla getting quiet about numbers it didn't like. The third instance is production numbers, which didn't make an appearance in the Q3 report of 2014. Tesla used to say how many cars it had built in the quarter, but in its last report it said instead that production was affected by a two-week shutdown to retool its factory in Fremont, California, and it wouldn't predict production for the coming quarter, either - something else it formerly did.

Recharge Wrap-up: LA Auto Show may feature updated Cadillac ELR, Uber expands Chicago HQ

A Kentucky man has converted his 1939 Dodge pickup to an electric vehicle. Al Gajda of Lexington built the electric truck, which he now uses as his daily driver. "I take advantage of any excuse to drive it; just banging around town, errands, short runs on the interstate, delivering my granddaughter to school in the morning," he says. It is powered by a lithium-ion phosphate battery, which is mounted in a wooden box on the truck bed, and gets about 100 miles per charge. Read more at the Lexington Herald-Leader. Elon Musk will speak at the Automotive News World Congress in January. The Tesla CEO is a featured speaker for the program, "Setting the Pace in a Thriving Market." The event takes place in Detroit, which could lead to an interesting mix of people in the audience, and Musk will speak on January 13. Read more at Automotive News. Production of the Toyota Rav4 EV has ended. The shipment of the final Toyota EVs concludes Toyota's deal to source batteries from Tesla. Of the 2,600 Rav4 EVs to be produced, there are probably just a few hundred left to be sold, most of which are likely to be gone by the end of October. Read more at Inside EVs. Cadillac will likely show an improved version of the ELR at the Los Angeles Auto Show in November. The 2016 ELR will include unspecified "engineering enhancements," according to Cadillac spokesman David Caldwell. There will be no 2015 model, as the 2014 model will be sold until the 2016 ELR goes on sale in the first half 2015. Read more at Edmunds. Uber executives, along with Illinois Governor Pat Quinn, have announced a major expansion of the ride-hailing company's Chicago headquarters. Uber also plans to add 420 jobs by the end of 2016. "Uber's new expanded headquarters will allow the company to continue its rapid growth and serve its riders and drivers throughout Illinois," says Governor Quinn. Last month, Quinn vetoed legislation that would have put restrictions on companies like Uber in the state. Read more in the press release below. Governor Quinn and Uber Announce Major Chicago Headquarters Expansion Innovative Ridesharing Company to Add 420 Jobs by End of 2016 CHICAGO, Sept. 29, 2014 /PRNewswire-USNewswire/ -- Governor Pat Quinn and Uber executives today announced that the ridesharing giant is moving forward with creating 420 new jobs by the end of 2016 in a major expansion of its Chicago regional headquarters.

Tesla Model S P85D will improve quickness through over-the-air update

Already able to hit 60 miles per hour in about 3.2 seconds, the 691-horsepower Tesla Model S P85D is absolutely no slouch when it comes to acceleration. Of course, one of the great things about owning a Tesla is the possibility of over-the-air updates coming at any time to make the brand's vehicles even more capable. Elon Musk recently announced the latest software improvement on Twitter (embedded below) for the Model S to make the P85D even quicker. The upgrade sheds a tenth of a second off the dual-motor's already impressive acceleration to 60 thanks to an improvement to the inverter algorithm. The tweak affects the single-motor P85 too, but Musk said the effect would not be as significant. We can't wait for the inevitable updated passenger reaction videos once this enhancement tweak goes live. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Featured Gallery 2015 Tesla Model S P85D: Detroit 2015 View 18 Photos News Source: Twitter [1], [2]Image Credit: Copyright 2015 Drew Phillips / AOL Green Tesla Green Driving Ownership Electric Performance Sedan