2021 Tesla Model S on 2040-cars

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Why Tesla's $35,000 Model E is a pipe dream

A car that costs 80 percent as much to produce as another can't be half the price. That's the simplistic version why Stanphyl Capital Management says Tesla Motors will not be able to sell its "mass market" sedan for the low, low (by luxury electric-vehicle standards) Elon Musk-backed price of $35,000. In fact, the California-based automaker will take about a $13,000 bath for each unit it sells of the new vehicle, now referred to as the Model E. Stanphyl Capital Management breaks down the fourth-quarter costs and revenue associated Tesla's Model S, of which it sold about 6,900 units during the last three months of the year. In a nutshell, Tesla generated a whopping $106,000 per vehicle sold, with about two-thirds of the company's gross profit coming from battery and optional upgrades. And while Tesla may be able to get the Model E battery costs down to about $8,100 compared to the $15,600 cost of the Model S battery (the smaller car will use a smaller battery that will provide about a 200-mile single-charge range), all of the other stuff brings the Model E's unit cost up to about $48,000. That compares to the $59,600 average cost of a Model S. Fremont, we have a problem. Reports came out in December saying that the Model E may be unveiled at one of next year's auto shows and sales could start as early as 2016. The argument against the possibility of a $35,000 Model E may sound reasonable on paper, but more than a few people have lost money betting against Elon Musk. You can read more at ValueWalk.

Tesla Model S wins Automobile car of the year [w/video]

Automobile Magazine recently spent the better part of three days getting to know 28 of the latest and greatest cars on the market to pick its Automobile of the Year, and today it announced that the 2012 Tesla Model S was given this coveted award. As much as the all-electric Model S means to the automotive world, we'd be surprised if it doesn't snag a lot more hardware in the next few months.
The Model S beat out cars like the 2013 Cadillac ATS, 2013 Ford Fusion, 2012 Porsche 911 Carrera S and 2013 BMW M5 with its sleek design, luxurious and tech-filled interior and, of course, its unique electric powertrain that offers both an incredible all-electric range and equally eye-popping performance.
To narrow down the top candidates for the award, Automobile took all the cars out for two days of road testing and then spent another day at Gingerman Raceway in Western Michigan, and the performance aspect of the Model S seemed to surprise and/or impress a lot of the magazine's staff more than anything else. To prove how fast the car is, they did a drag race to 100 miles per hour with the Tesla and the new M5, and the Model S won. The 265-mile driving range and 17-inch touch-screen display won points for the car, too.

Tesla Model S sells 6,900 units in Q4, eyes top of the charts

Tesla Motors sold roughly 6,900 of its battery-electric Model S sedans during the last three months of 2013, making it the country's best-selling plug-in vehicle during the fourth quarter. The California-based automaker beat independent sales estimates by about 20 percent and increased its quarterly sales rate from the third quarter by about 25 percent. More notably, Tesla's fourth-quarter sales beat those of Nissan Leaf EV (6,534 units), and the Chevrolet Volt extended-range plug in (6,334). For the year, Tesla sold about 22,300 vehicles, putting it just behind the Volt's 23,094 vehicles and the Leaf's 22,610. Heck, Tesla sold more green cars last year than Honda, which moved about 20,600 battery-electric, hybrid and plug-in vehicles, combined. Investors were certainly happy with the news. Shares of TSLA were up around 16 percent in Tuesday trading, closing at $161.27. The news release was conveniently timed to change the story from the issues Tesla has regarding its wall chargers and what's believed to be their potential role in a garage fire. The National Highway Traffic Safety Administration (NHTSA) said earlier today that more than 29,000 of Tesla's wall charger adapters were being recalled. You will find Tesla's press release on Q4 sales numbers below. Tesla Revenue Expected to Exceed Guidance by 20% in Fourth Quarter Sales Driven by Superlative Safety Record and Excellent Cold Weather Performance TUESDAY, JANUARY 14, 2014 PALO ALTO, Calif. – Tesla sales in the fourth quarter of 2013 were the highest in company history by a significant margin. With almost 6,900 vehicles sold and delivered, Tesla exceeded prior guidance by approximately 20%. A higher than expected number of cars was manufactured as a result of an excellent effort by the Tesla production team and key suppliers, particularly Panasonic. The two key drivers of demand were the superlative safety record of the Model S and great performance under extremely cold conditions. Safety Record Tesla remains the only manufacturer with a perfect safety record of zero deaths or serious, permanent injuries ever. Including the Roadster, Tesla vehicles have now been on the road for almost six years in 31 countries with almost 200 million miles driven to date. Despite dozens of high speed collisions, the driver and passengers have always been protected. This is Tesla's proudest achievement.