2016 Tesla Model S * 79,813 Original Low Miles * on 2040-cars

Auto blog

Tesla stock goes on wild ride following negative report

Trading Tesla Motors stock is not for the faint hearted. For example, the stock was worth $235.24 at the end of trading on Friday but then dropped to $221.67 by the end of Monday. After yesterday's trading, it was back up to $242.77, a gain of almost 10 percent on the day. The movement was apparently due mostly to a negative article in The Wall Street Journal and then a social media response by Tesla CEO Elon Musk. The Journal originally reported that Model S sales had declined 26 percent in September, and that caused the TSLA drop. Later, there was the clarification that this only refered to US sales, but it wasn't until Musk Tweeted that the, "Article in WSJ re Tesla sales is incorrect. September was a record high WW (worldwide) and up 65% year-over-year in North America" that things on the Tesla stock front really picked back up. Questions remain about Tesla's actual production and sales numbers. Unlike many other automakers, Tesla doesn't release monthly sales figures but it does talk about quarterly figures in investor calls every three months. During the last call in July, Tesla said it had delivered 7,579 Model S EVs in the second quarter of 2014 (the most ever delivered in a quarter) and said it remained, "on track for more than 35,000 deliveries in 2014." This target was questioned by analysts, which led to the Journal piece, and then the response Tweet. We don't know what'll happen with the stock today, but we will know the company's official delivery numbers when Tesla issues its Q3 2014 Financial Results after the close of trading on Wednesday, November 5.

Tesla Wins Technology Of The Year Award

The winner of AOL Auto's second annual Technology Of The Year award ran away with the votes for the award, clearly surpassing all of the other contenders. We're giving it to Tesla's Supercharger Network, which today is made up of 54 charging stations in the U.S. that can provide about half an electric car's full charge in just 20 minutes, compared with the 8-hour charges from conventional outlets. The editorial staff agreed that the Tesla Supercharger is a game changer, and easily deserves to be called the Technology Of The Year. "Tesla is showing, again, that there are amazing technological breakthroughs to be made in the EV game, and are kind of making the rest of the industry look bad," said Sebastian Blanco, editor of Autoblog Green. AOL Autos' Multimedia Director Adam Morath agreed that the Supercharger is a game changer. "With the Supercharger, Tesla is tackling the tired arguments against the electrification of the automobile head on by addressing range, charge times, charger accessibility and clean energy production (the Supercharger is powered by solar energy, not coal) all in one stroke," he said. The panel reviewed more than 40 qualified submissions from readers, editorial staff and industry, the panel of judges named the following as finalists: Chevrolet MyLink Valet Mode; Infiniti Backup Collision Intervention; Tesla Supercharger Network; Volvo Pedestrian and Cyclist Detection with Full Auto Brake; Mopar In-Vehicle Wireless Charging for Portable Devices; and Mercedes-Benz Intelligent Drive. Superchargers are located across the U.S., making it possible for an electric car driver to take a coast-to-coast trip. They're strategically placed near amenities like roadside diners, cafes, and shopping centers so drivers can stop, eat, and come back to a charged electric car. Most of the staff did not get to test the Supercharger network firsthand, but have been following it closely. A former TRANSLOGIC reporter tested it, and said it works as promised. And Blanco has been following the Supercharger's development quite closely, and said he hasn't heard a single complaint from users in the U.S. or Europe. Jeremy Korzeniewski, Managing Editor of Autoblog, said the Supercharger levels the playing ground, making electric cars almost as convenient as gas-powered cars. "There's simply no way the average consumer is going to consider putting an electric vehicle in their garage if there's no way to refuel it on the go," he said.

CARB scrapping plan for $60,000 limit on EV rebates

In April, we heard about a discussion within the California Air Resources Board (CARB) that would have put a $60,000 MSRP limit on plug-in vehicles that would qualify for CARB's $2,500 rebates. A new report in Silicon Beat says that CARB is once again ready to give EV money to everyone, no matter what expensive car they buy. There's no question that the CARB proposal would have had an inordinate effect on Tesla Motors, the only company selling a EV expensive enough to cost more than $60,000, the Tesla Model S. Okay, the Cadillac ELR plug-in hybrid would also have been affected, but that only would have applied to a small handful of people. According to Silicon Beat, the updated CARB proposal says clearly that, "at this time staff is not proposing any significant changes to the Clean Vehicle Rebate Project as part of this year's Initial Funding Plan." CARB spokesman David Clegern told Silicon Beat that, "It's fair to say [the $60,000 limit] been removed. I never say anything is dead until after the vote, but I'm not aware of any plans to revisit it." In other words, Tesla, you're good to go. We've asked CARB for confirmation of this, but have not yet heard back.