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Tesla delivers 7,579 Model S EVs in Q2, maybe picks Reno, NV for Gigafactory

When it comes to describing its situation, not even Bob Ross could paint a prettier picture than Tesla Motors. The California automaker has had a good few months and announced today that it delivered 7,579 Model S EVs in the second quarter of 2014. That's the most the company has ever delivered in a three-month period, reflecting an expanded market that now spans new countries in Asia and Europe. Tesla also built 8,763 vehicles in that time frame, another record, thanks to getting more cells from battery supplier Panasonic, and says it remains "on track for more than 35,000 deliveries in 2014." Alongside the earlier announcement about the official Gigafactory announcement with Panasonic, the automaker also said today that it has broken ground on a "potential" location in Reno, NV, – validating earlier speculation – while it is still looking at locations in Arizona, California, New Mexico and Texas. Work at the site has mostly stopped for now, however, as the company doesn't want to begin pouring cement until state incentives are in place and a "compelling deal for all parties" has been struck. The ball in Nevada, according to CEO Elon Musk, is now in the hands of the state's governor and legislature. The 7,579 vehicles delivered last quarter continue an upward-moving trend line. In all of 2012, Tesla sold 2,650 Model S EVs. For 2013, the company delivered 4,900 vehicles in Q1, 5,150 in Q2, 5,500 in Q3 and 6,892 in Q4. In 2014, Tesla sold 7,535 Model S EVs in Q1. Add in the 7,579 from Q2 this year, and you've got 15,100 or so, meaning that Tesla needs the next two quarters to average out at around 10,000 each in order to hit the 35,000-vehicle goal. Tesla expects 2015 to be even better, saying that the rate at which its expanding means that its, "annualized delivery rate should exceed 100,000 units by the end of next year." In other words, deliveries for Q4 2015 should be around 25,000 EVs. A few other tidbits from the shareholder letter and today's conference call: Tesla had a loss of $62 million last quarter. The company's Fremont, CA factory is being upgraded to make the Model S and X on the same line and will be up and running next week. Speaking of next week, the first operational Model X Alpha prototypes should be ready by next week. Tesla expects North America to continue to contribute strong demand for its EVs, despite the Model S being available here for several years now.

Ed Welburn retires, Tesla offered nuclear plant in France, and more | Autoblog Minute

Greg Migliore recaps the week in automotive news, including a look at GM design chief Ed Welburn's retirement, the French wooing of Tesla, and more. GM Lincoln Tesla Autoblog Minute Videos Original Video lincoln motor company

Chinese businessman's lawsuit vs Tesla heats up [w/video]

Tesla Motors continues to be locked in a bitter trademark dispute with a Chinese man who claims to own the rights to the company's name there. Zhan Baosheng is now suing the automaker in China for trademark infringement, and he's asking for 23.9 million yuan ($3.9 million) in damages, plus for the business shut down all of its Chinese operations.
According to Automotive News, Zhan registered for the trademark in 2006 and was granted it in 2009, which was after the automaker was founded in the US in 2003 but before it began Chinese operations. The two sides have been fighting over the name for years. The business reportedly offered him two million yuan ($322,500 at current exchange rates) to buy the trademark in 2009, but Zhan allegedly came back with an astronomical counter-offer for the equivalent of $32 million.The company also nearly changed its localized brand name in China to Tuosule because Zhan owned the rights to its preferred Te Si La title, but the courts eventually sided with Tesla.
On his Twitter page, Zhan's profile says that he's "the owner of TESLA trademark in China." He also recently tweeted a photo of himself holding the trademark document.