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Wall Street loves Tesla's Elon Musk, values the brand higher than Fiat

Tesla's value on the stock market far exceeds the number of vehicles it contributes to the automotive market. According to a report from Automotive News, Tesla is currently valued at $8.8 billion. Almost unbelievably, though we've never claimed to have a firm grasp on the inner workings of the stock market, that's a full billion dollars more valuable than Fiat and three times more valuable than PSA Peugeot Citroën, says the report.
How unfathomable is that statistic? Consider the fact that Tesla, a ten-year-old company, just managed to turn its very first profit last quarter and has produced fewer than 10,000 vehicles in its lifetime. How does that compare to an automotive giant like Fiat? Well... it doesn't - The brand sold 44,772 Fiat 500s in the United States alone in 2012, and it owns or controls the Chrysler portfolio of brands along with Ferrari and Maserati... not to mention the hundreds of thousands of cars Fiat Group sells yearly in the rest of the world.
Granted, the number of vehicles sold by a brand is just a small portion of its value, but you may still wonder, Why is such a seemingly small player in the global automotive marketplace such a big deal on Wall Street? According to AN, it has a lot to do with its controversial and headline-grabbing CEO, Elon Musk, and the way he disseminates company information to his investors. How so? We suggest you take a good look at the article here for the whole story.

Tesla patents Supercharger that can handle herd of EVs

Tesla Motors is quietly getting ready for an electric-vehicle charging station that could be considered smarter than the drivers using it. The California-based automaker has applied for a number of patents (details here) in which its super-quick Superchargers would be programmable to better manage what Tesla hopes will be a mass influx of thirsty Model S (and Model X and, potentially, Model E) EVs. This company thinks big. Among other things, the patents detail a charging station that has multiple charging ports and that can manage multiple charging stages. It can also do things like redirect power to either whichever car arrives first or, by measuring the batteries' respective states of charge, who needs it the most. Heck, there's even a provision where the system can redirect power according to the drivers' intended departure time, i.e. whomever says they're sticking around the longest gets last charge. If the station could also get drivers to be truthful about such things, that'd be a real accomplishment. Tesla has already had a lot of success with its Supercharger network, which is now expansive enough to exclusively power a cross-country drive. Earlier this month, a couple of Model S vehicles went from Los Angeles to New York City using nothing but Superchargers and pulled off the trip in 76.5 hours (the blog posts are here). We're guessing those EVs may have broken the speed limit here or there, but don't quote us. Featured Gallery Tesla Supercharger News Source: Google via Green Car Reports Green Tesla Technology Emerging Technologies Electric charging station patent supercharger

BMW NA president says i3 beats Tesla EVs thanks to lighter all-around footprint

Those waiting for a full-out brawl between Tesla Motors head Elon Musk and BMW North America chief Ludwig Willisch will have to wait a bit. For the bloodthirsty, there are signs of some healthy competition and a little bit of green-car sniping between the two automakers. Willisch, speaking at the Detroit Auto Show earlier this month and responding to questions about Tesla, noted (without mentioning that company by name) that the production process of the German automaker's i3 plug-in was "greener" than any other. According to Business Insider, Willisch highlighted the fully recyclable materials used to construct the i3 as well as the hydropower used at the carbon fiber plant in Moses Lake, WA. Willisch also noted that the Tesla Model S is "very heavy on the braking. Our car feels just like a normal car. That's a big difference when it comes to driving," Automotive News said in a separate report. The latter model weighs about a third less than the Tesla, though it also has an EV range about a third as big. The BMW executive did allow that the Tesla did make a good proverbial "snowplow," not for its driving characteristics but for its ability to get more people conformable with electric vehicle technology. Musk was asked about the i3 in an August conference call and laughed before noting that the i3 had "room to improve." No word on whether Musk and Willisch will be sending each other Valentine's Day cards next month.