2023 Tesla Model 3 on 2040-cars

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Musk reports positive cash flow for Tesla last week

According to Bloomberg, Tesla actually earned money last week. CEO Elon Musk sent out a message on Twitter saying his company was "narrowly cash positive." That's big news for a company that hasn't turned a quarterly profit as of yet. Tesla is currently in the middle of stepping up production for its Model S sedan, and has announced the vehicle's MSRP will jump by $2,500, presumably to help fund that expansion.
So far, Tesla says it has built will build around 20,000 Model S units at its California production facility next year, though analysts say the ability to repeatedly generate a positive cash flow would go a long way toward the company's evolution into a "sustainable operating entry." So far, the Model S has garnered substantive praise, earning the Motor Trend Car of the Year Award among others. Tesla shares are up 19 percent this year over the same time period in 2011.

Koenigsegg sees new Tesla Roadster as the 'gauntlet' thrown down

Christian von Koenigsegg, the man behind the company that holds the current record for world's fastest car, does not like to be outdone. So he did not particularly enjoy hearing the numbers regarding the forthcoming next-generation Tesla Roadster and its vaunted 1.9-second 0-60 mph time. "We kind of had our future mapped out, and then we heard about the new Tesla Roadster and its insane acceleration numbers, and we thought 'Damn, that's put the gauntlet down,'" the Koenigsegg founder and CEO told Top Gear. As he told the site, he enlisted his engineers to start running numbers, and within a couple of days, they'd figured out a solution. "The simplest way of putting it is like this: It's combining direct drive with the hybridization we have in a different format with free-valve engine technology, in a peculiar layout," von Koenigsegg said. He said the powertrain could take a car from 0-250 mph in 14 seconds "or something like this," and said he wants to make a combustion engine with a higher power density than an electric powertrain "for as long as possible." His talk about hybrids brings to mind the Koenigsegg Regera plug-in hybrid, which weighs just 3,505 pounds and puts out more than 1,500 horsepower. It does 0-62 mph in 2.8 seconds — impressive, but a full 0.9 seconds less than the Roadster's purported time. And not surprising for a company that is all about maximizing ponies, Koenigsegg likes to geek out over the details of things like the design of the 1,160-hp Agera RS engine. Could he be talking about the same vehicle as the successor to the Agera RS, rumored to be called Ragnarok? Tesla, meanwhile, unveiled said Roadster at Grand Basel in Switzerland — or rather, it showed off what appeared to be a white, empty design shell that had been shown last year at Tesla's shareholder meeting. And don't forget that the mad scientists over at Hennessey are tinkering with the 7.6-liter V8 for the Venom F5, the key to its quest to hit 300 mph. So buckle your seat belts, boys and girls: Things are about to get very fast. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Image Credit: Drew Phillips Green Tesla Koenigsegg Hybrid Performance Supercars PHEV koenigsegg agera koenigsegg regera hennessey venom f5

Recharge Wrap-up: Tesla Model 3 reservation priorities, Opel builds Ampera-e in US?

Opel will build the Ampera-e EV in the US. According to a report from German magazine Automobil Produktion, the electric Opel will be built alongside its sibling, the Chevrolet Bolt, at GM's Orion Assembly plant near Detroit, Michigan. GM CEO Mary Barra did not disclose the location of the Ampera-e's assembly, and Opel declined to comment on the report. A Vauxhall spokesman in the UK declined to comment on whether the car would be sold there as a right-hand-drive model. Read more from Automotive News Europe. How will Tesla prioritize reservations for the Model 3? While some folks argue that orders should be prioritized according to time zone, others think all the Tesla stores should open at the same exact time, regardless of time zone. What is more likely, however, is that places where more deliveries take place will get their cars before locations with fewer buyers, for the sake of efficiency. Elon Musk has also said that the cars ordered with the most options will be built first. Read more at Teslarati. The Zoleco is an attempt at ultimate aerodynamic car design. Built by Zoltan Bod in British Columbia, it is a body concept that will potentially be sold as a kit meant for various propulsion systems. The idea is to reduce aerodynamic drag as much as possible, while saving weight wherever possible, in order to get the greatest efficiency out of the powerplant - be it gas, electric or some other form of energy. Bod says the car can achieve 151 mpg at 45 mph, or 91 mpg at 65 mph using a turbocharged, three-cylinder gasoline engine. Learn more at the Zoleco website. Featured Gallery Opel Ampera-e View 12 Photos News Source: Automotive News Europe, Teslarati, ZolecoImage Credit: Opel Design/Style Green Plants/Manufacturing GM Automakers Tesla Opel Fuel Efficiency Green Automakers Electric recharge wrapup