2020 Tesla Model X Performance on 2040-cars

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Tesla investor says selling 500,000 EVs in 2020 is totally doable

Tesla Motors may make good on chief Elon Musk's claim of selling a half-million vehicles a year by the end of the decade, Motley Fool says. Of course, the author of the Foolish report in question owns Tesla shares but, now that we've gotten that out of the way, let's check out the logic. Tesla moved almost 22,500 Model S vehicles last year and it was the best-selling plug-in vehicle in the US during the fourth quarter. The company expects to sell about 35,000 this year but the rate of global sales could be double that by the end of the year. From then on out, it's all about economies of scale, with demand mushrooming overseas, costs dropping as a result of the company's slated "gigafactory" and the introduction of the $35,000-ish Model E by 2017. Add it all up, and you can get to 500,000 EVs a year, the Fool says. Late last month, Tesla disclosed details about its gigafactory, saying it will be fed by sun- and wind power, will employ about 6,500 people and will produce those half-million battery packs a year. Between the company and its partners, as much as $5 billion will be invested in the plant, which is slated to be somewhere in the southwestern US (but not in its native California). To put those projected half-million vehicles in perspective, let's look at the unquestioned champion of the green car movement for the past decade, the Toyota Prius and its many Toyota and Lexus gas-electric siblings. It's taken many years to get to this point, but Toyota can now sell about a million hybrids around the world in nine months.

Recharge Wrap-up: Model X pinch sensor update, Karma plans first store

Tesla has improved Model X pinch sensor function in its latest over-the-air update. As we've seen, the pinch sensors already stop the falcon wing doors from completely shutting when they sense an obstruction. Now, though, the doors retract slightly after the sensors are triggered. While the pre-update doors didn't appear to do as much damage to human fingers as they do to various foodstuffs, it definitely looked uncomfortable, especially when one's hand is stuck in the partially closed door. Now, any pinch that does occur should be brief. See the updated sensors at work in the video above, and read more from Teslarati. Karma Automotive will move to Kawasaki's former headquarters in Irvine, California where it will also open its first store. The revival of the now defunct Fisker will sell its Revero plug-in hybrid through both dealerships and company-owned stores like the one planned for its new two-building campus. The property owner, Bixby, had planned to renovate the site, but now says Karma will make its own improvements. Bixby said it was seeking, "a progressive-minded tenant that would value the unique configuration," and appears to have found just that in Karma. Read more at Electrek, or from the OC Register. San Francisco is asking residents for help in expanding its subways. Using an online tool called Subway Vision, users can draw their own subway lines and stations that they'd like to see built and submit them to planners. Listening to the public is a useful tool for the city because, as Grahm Satterwhite, San Francisco Municipal Transportation Agency's principal planner, admits, "Transportation planners may be too close to a problem to see the solution." This approach allows the subway expansions to "reflect the vision of not just a few transportation planners, but of all San Franciscans," he says. Read more from FastCo.Exist. Toyota is continuing its commitment to Yellowstone National Park with a sustainable Youth Campus for environmental education. The automaker donated $1 million to Yellowstone for the facility, which is seeking Living Building Challenge certification. It will have onsite wastewater treatment for its locally sourced water usage, and will generate all of its electricity needs from photovoltaic panels, with excess to put back into the grid. The campus will have classrooms and residences for students and staff for its youth programs.

Recharge Wrap-up: Tesla Launches In Australia, Model S makes for a popular limo

A Chicago limousine company that uses the Tesla Model S in its fleet is finding demand overwhelming. E-Motion Chauffeurs and Hires introduced six Model S EVs to its lineup in October, which resulted in the company's website server crashing due to high demand. "We are completely booked and I've been looking for other Tesla owners to try to cover some of our overflows," says E-Motion owner Abdullah Illahi. E-Motion has ordered another six of the all-wheel-drive P85D model, set to arrive in January. Illahi says that he chose the Model S in order to gain a competitive edge, as it is a car customers would find interesting. It also has the benefit of lower operating costs than traditionally fueled vehicles. Read more at Hybrid Cars. The province of Quebec is offering EV incentives, as well as penalties based on engine size. Quebec is offering an $8,000 (about $6,997 US) rebate for EV purchases, plus up to $1,000 ($874) toward the installation of a home charger. The government is also imposing additional registration fees for traditional vehicles based on the size of their engines beginning in 2016 (on top of the ones already in place). This will mean that cars with engines displacing 4.0 to 4.9 liters will be charged an extra $50, 5.0 to 5.9 liters an extra $100, and cars with engines larger than 6.0 liters will cost an added $200 to register. Read more at Montreal Gazette or at Green Car Reports. Battery company Seeo has closed a successful round of investment funding. Samsung Ventures, Khosla Ventures and GSR Ventures all invested in Seeo, making this funding round it largest yet. Seeo will use the money it secured to commercialize its DryLyte lithium polymer batteries. The solid polymer electrolyte in these batteries is especially energy-dense, and or not flammable or volatile. Seeo also claims they are lighter and longer lasting than other lithium batteries. Read more in the press release below. Tesla has officially launched in Australia. The company delivered the first nine units of its Model S EV to customers on Tuesday, December 9, with more to come on Wednesday and beyond. Tesla powered up its first Superchargers at the Star and Darling Hotel at Pyrmont and at the North Sydney Retail and Service Center. Wednesday, Telsa will open its first store and service center in St Leonards, Sydney. By the end of 2015, Tesla will have stores in Sydney and Melbourne, and a Supercharger network connecting Canberra, Melbourne and Sydney.