2022 Tesla Model X Plaid on 2040-cars

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Daimler divests remaining interest in Tesla

Back in 2009, Daimler acquired over 9 percent of Tesla. A couple of months later, it sold 40 percent of that stake to Abu Dhabi-based Aabar Investments. The following year, Tesla listed on the stock exchange and Daimler's interest was reduced to 4 percent. But now the German industrial giant has announced it is selling that 4 percent and divesting from Tesla altogether in a liquidation that is expected to raise approximately $780 million for Daimler. The divestment has also triggered speculation that the move could make room for rival German automaker BMW to take an interest in Tesla.
Despite the divestment, Daimler insists that its technological partnership with Tesla will remain unaffected. Mercedes sources the batteries for its B-Class Electric Drive (pictured above) from the Californian outfit in a deal that is not set to change as a result of the financial realignment. A similar collaboration was in place for the Smart Fortwo Electric Drive, however, now that the new generation of Smarts developed with Renault is on its way, it's possible that a next-generation Fortwo ED will use French tech instead as an extension of the partnership between Daimler and Renault-Nissan.
Daimler has also taken the occasion to point out that, between the Mercedes, Smart and various truck brands, it offers "the industry's biggest portfolio of electric vehicles," including pure EVs, fuel cells and hybrids. The automaker says it will introduce ten new plug-in hybrid Mercedes models by 2017.

Tesla Model X to outsell Model S, 'devour' premium SUV market

It's still about a year away, but the arrival of the Tesla Model X is already expected to have a major impact on the premium SUV market. According to Morgan Stanley, the all-electric Model X, Tesla's third model following the Roadster and Model S sedan, is "ready to feast" on the current crop of high-end SUVs.
Not only does Morgan Stanley expect the Model X to do well against other vehicles in its class, it's expecting the new SUV to even outpace the critically acclaimed Model S, with the X accounting for a larger share of sales by the end of 2016. The sales boost provided by the Model X should also contribute to a healthy jump in Tesla's current $250 stock price. MS is expecting Tesla shares to hit about $320, and has called it a "top pick in US autos," according to The Los Angeles Times.
As for how Morgan Stanley is expecting such strong results for a car that literally no one outside of Tesla has driven, it cites Elon Musk's company's increased access to both money and technological expertise relative to the Model S project. The firm also points to Tesla's larger investments in the Model X project so far.

Tesla owners will celebrate Supercharger network with DC meet-up

Groucho Marx famously said that he'd never belong to a club that would have him as a member. When it comes to this particular club, though, we're going to beg to differ. The Tesla Motors Club is putting out the call for what they're calling the "All Superchargers Lead to DC" tour for Presidents Day weekend that will give EV fans a chance to meet up, brag about their vehicles and do a tidy tour of the nation's capital. The agenda starts with a meet up Saturday, February 15 at Supercharger locations outside of DC, in either Hagerstown, MD; Glen Allen, VA; or Newark, DE. Once everyone is charged up, they will drive towards the city and the party really starts at an Arlington, VA hotel. Sunday includes a scenic drive through Washington, DC, as well as a visit to the Air and Space Museum at Dulles Airport. Monday includes a discussion of global domination before the drivers head their separate ways. The club spells out its agenda here and we've heard that there are over 50 attendees and cars signed up. Who's driving from the furthest away, we wonder. Tesla says it has 65 stations in its North American supercharger network. These stations can provide as many as 170 miles of range on a 30-minute charge. Not surprisingly, most of these stations are dotted either on the West or East Coasts but Tesla says the final parts to make a cross-country drive will be installed in the next few weeks.