2016 Tesla Model X on 2040-cars

Auto blog

Mystery shoppers love Infiniti, hate Tesla

Infiniti, followed by Lexus tied with Mercedes-Benz took the top two spots for best sales experience according to mystery shoppers from the latest Pied Piper Prospect Satisfaction Index, while EV manufacturer Tesla recorded the lowest overall score. Not surprisingly, premium brands dominated the top ranks. Including the three already mentioned, luxury brands occupied seven of the top ten spots and included Audi, BMW, Porsche, and the only American brand to crack the upper echelon, Cadillac. Toyota, Volkswagen, and Nissan rounded out the first ten positions. The news for domestic automakers isn't good. Aside from Caddy, the only other star-spangled automaker to score above the industry average is Chrysler. The rest of FCA, most of GM, and all of Ford fell below the line. But Pied Piper's mystery shoppers handed Tesla the biggest walloping – the company is ten full points below the next lowest brand, Volvo, and its score of 86 is 17 below the average of 103. It's baffling, considering the company's touted direct-sales model. "Tesla leaves me scratching my head," Fred O'Hagan, Pied Piper's president and CEO, told Wards Auto. "They own all of their stores, so you would think each one would be doing the same thing. But they're not. Tesla is consistent in its inconsistencies." O'Hagan added that there's a "huge variation" in Tesla's store-to-store effectiveness, and that in some cases, shoppers found showroom workers that acted more like "museum curators," Wards Auto reports. It might be popular to call Tesla the Apple of the car world, but based on Pied Piper's work, the brand has a long way to go to emulate the uniform shopping experience of an Apple Store. The news might be bad for Tesla, but even for the brands that scored below average, there's cause for celebration. Only Tesla and Mini lost points in this year's rankings, and only Mercedes and Lincoln held steady. Every other brand, including Infiniti, which topped the index for the first time, gained at least one point. The biggest improvements belong to Porsche, Land Rover, and Mitsubishi, which all jumped five points. Pied Piper's annual Prospect Satisfaction Index uses mystery shoppers – over 6,100 this year – from across the country to assess dealers and generate rankings from over 50 individual factors. News Source: Pied Piper via WardsAuto Green Audi BMW Cadillac Chrysler Infiniti Lexus Mercedes-Benz Nissan Tesla Toyota Car Buying Car Dealers study

Tesla: Earnings still down, but rate of Model S production way up

According to its Third Quarter 2012 Shareholder Letter, Tesla "is now at over 200 cars per week or 10,000 cars per year, which is at the critical threshold needed for Tesla to generate positive operating cash flow."
That's an important milestone to be sure, but the news is actually even better; Tesla expects to ramp Model S production up to 400 cars per week (20,000 units/year) by December of 2012, and says it will deliver 2,500 to 3,000 units in the fourth quarter of 2012. That's lower than the previous target of 5,000 in 2012, but it's more an issue of delayed achievement rather than missing the mark altogether.
All of that production bodes well for the future, but as of today, the automaker has yet to earn real money. Revenue for the third quarter of 2012 was $50 million, equating to a net loss of about $110 million after expenses were tallied. The stock market likes the numbers, with TSLA shares rising 8.9 percent on Monday after the report was released.

Recharge Wrap-up: more than 600K EVs worldwide; Musk sees demons in AI

More than 600,000 battery electric and plug-in hybrid cars have been sold worldwide. This number is up 20 percent in the last four months, and includes the top 10 countries for EVs. The number does not include most commercial vehicles, motorcycles, buses or EVs not legal for highway use. The US accounts for about 260,000 of those tallied, and is the largest adopter of EVs, while Sweden is the most aggressive. The largest growth occurred in Sweden, Germany, China and the UK. Read more at Hybrid Cars. EV drivers can now pay for charging at ChargePoint stations with Paypal. Drivers can link Paypal to their ChargePoint account, and can use their ChargePoint app or card at the station. The first time drivers use Paypal at a station that charges a fee, they will be charged a $25 deposit from which the fee will be deducted. Read more in the press release below. The first NTx Apps Challenge awarded cash to five app development projects, including Juxt and GridLock. Juxt is a mobile app that helps drivers find alternative fuel, parking spots and other points of interest along their routes. GridLock is a traffic light network that monitors traffic patterns and controls lights to optimize traffic flow. Winners get cash, continued mentorship and office spaces. Read more in the press release below. Renault says it could sell the Eolab at around the same price as its diesel-powered Clio. The Eolab, which debuted as a concept at this year's Paris Motor Show, is said to be capable of up to 235 mpg. While Renault has not announced plans to mass-produce the super-efficient Eolab, the company's chief competitive officer Thierry Bollore said that if it did, it would "not cost more than a Clio DCi 90hp," which starts at about $23,900. Read more at Automotive News Europe. An author at Teslarati has created his own system to get notifications whenever Tesla adds a new Supercharger to its network. Using a web scraping tool, Rob M. has set his @TeslaLiving Twitter account to tweet the details whenever Tesla updates its Supercharger page, or when Teslarati's Interactive Tesla Supercharger Map gets a new location added. Rob has also created notifications for whenever new versions of Tesla software are added. Read more at Teslarati. Tesla CEO Elon Musk considers artificial intelligence an "existential threat." In a symposium at MIT, Musk said, "With artificial intelligence, we are summoning the demon." It's a demon he fears we can't control.