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Tesla's Elon Musk made $1.1 billion yesterday, how about you?

Wed, 26 Feb 2014

Thanks to skyrocketing share prices, yesterday was a very big payday for Tesla founder Elon Musk. The already wealthy businessman added another $1.1 billion, ten percent of his net worth, to his overflowing wallet yesterday after Tesla's shares hit $248. This time last year, TSLA was trading at roughly $34 per share.
Tesla's latest jump in a year that has already seen share prices climb 65 percent is thanks to positive reports from Consumer Reports on the company's Model S electric sedan, and some kind words from Morgan Stanley about the brand's plans for a battery factory.
Despite all the good news for Tesla yesterday, not all of the $1.1 billion Musk earned came from his automotive pursuits. SolarCity, which Musk is also the largest shareholder in, saw its share prices jump 3.1 percent, as part of a 43-percent jump in 2014.

Rinspeed details Tesla-based autonomous XchangE concept for Geneva [w/video]

Tue, 18 Feb 2014

Like it or not, the age of the self-driving autonomous automobile is just around the corner. But what form will a car's cabin take when the emphasis is taken off of human operation? That's the question that Rinspeed aims to answer with the XchangE concept. Previewed two months ago, Rinspeed has now revealed details, photos and even video footage of the self-driving electric vehicle. This year's concept car from the self-styled "Swiss idea factory" takes a Tesla Model S and modifies it for autonomous operation, freeing up the driver to sit back and enjoy the ride.
The redesigned cockpit includes a pair of highly adjustable front seats that can tilt, swivel and recline to make for a business class-like cabin space for driver and passenger. The drive-by-wire steering wheel slides out of the way when not in use. The dashboard displays all manner of data on four screens through a scalable infotainment package controlled by gestures, based on HTML5 and developed by Harman. The vehicle is fully networked with car-to-car communications and integrated LTE connectivity furnished by Deutsche Telekom. Access to the calming cabin space is granted by RFID technology, there's an LED plexiglass roof panel and a Carl F. Bucherer timepiece mounted in a watch winder on the dashboard.
It all comes across as a rather innovative take on the automobile from a design firm known for doing exactly that with its annual Geneva show cars. There's plenty more to digest in the press release, so check it out along with the video footage below and scope out the hundred-plus high-resolution images in the gallery above.

Tesla investigating the cause of Model S garage fire in Toronto

Fri, 14 Feb 2014

A Tesla owner in Toronto returned from a drive only to have his fire alarms go off shortly after powering down his Model S in an incident that is once again raising concerns about the electric hatchback's safety. Where previous cases of Model S combustion were anything but spontaneous -the car was always involved in an impact before going up in flames - this latest case has no obvious cause.
According to Bloomberg, as far as its owner knows, this particular Model S was not involved in a collision during the drive. It also wasn't charging when the fire started. According to Tesla, though, it wasn't any of the Model S' major components that caused the fire.
"In this particular case, we don't yet know the precise cause, but have definitely determined that it did not originate in the battery, the charging system, the adapter or the electrical receptacle, as these components were untouched by fire," said Tesla in an official statement.

Tesla driver blames 'new car smell' in fatal cyclist crash

Mon, 10 Feb 2014

According to the accident report compiled by the California Highway Patrol, 63-year-old driver Navindra Kumar Jain fell asleep at the wheel while driving northbound on Highway 1 in Santa Cruz, crossed into the oncoming, southbound lane, crested a small hill and then while doing 55 miles per hour hit a southbound cyclist who was riding on the shoulder. The cyclist, Joshua Alper, died at the scene. Jain was driving a Tesla Model S he had bought ten days earlier and said that the intense new-car smell - which he attempted to counter with a baking-soda scented air freshener - caused him to fall asleep.
The accident happened in November, and after a three-month investigation the Santa Cruz district attorney has decided to charge Jain with "misdemeanor vehicular manslaughter." As you could guess, there are still plenty of unresolved issues. Jain has said he "fell asleep" and there was nothing mechanically wrong with the car he had bought ten days before the incident. His attorney, however, says "he passed out while driving and still does not know what caused the accident," and that the Tesla "and all its component parts" must be thoroughly tested. The CHP tore the Tesla apart, standard practice in manslaughter cases, and, not having found anything amiss, declared the driver at fault. Observers, and especially cyclists, want to know why Jain was only charged with a misdemeanor, and why he hasn't yet been arrested. Some might ask why he didn't just roll down a window.
It will take the courts to decide - that's "courts," plural. In addition to the criminal case, Alper's family is suing Jain and Tesla, appearing to cover its bases with the new-car-smell defense by accusing the Model S of being "defective and unreasonably dangerous when used in a normal, intended and foreseeable manner." That seems like a stretch to us, but it's not like bizarre defenses haven't ever swayed a sentencing before. No matter the verdict in the criminal or civil cases, though, with Joshua Alper gone, nobody wins.

Consumer Reports says Toyota, Ford, Honda and Chevy are big winners in brand perception survey

Wed, 05 Feb 2014

According to Consumer Reports, the automotive brands that stand out in the minds of car buyers are, in order: Toyota, Ford, Honda and Chevrolet. This news comes after the magazine polled its readers, asking them to take into account vehicle quality, safety, performance, value, fuel economy, design/style, and technology/innovation - which are the factors that car shoppers are most influenced by.
It's important to note that this award is only about perception. In other words, it's perceived quality, not actual quality. "Often, perception can be a trailing indicator, reflecting years of good or bad performance in a category, and it can also be influenced by headlines in the media," said Jeff Bartlett, Consumer Reports deputy automotive editor.
The brand that made the biggest jump in perception amongst Consumer Reports readers is Tesla, which posted an impressive 47-point gain to finish in fifth place. Subaru is also notable for finishing in the top 10, despite being one of the smaller manufacturers doing business in the US. Scroll down below for all the details from Consumer Reports, if you're so inclined.

There's now a Tesla Model S registered in all 50 states

Sat, Feb 1 2014

Yes, you too can impress friends at cocktail parties by knowing that the last state to go without a registered Tesla Model S battery-electric sedan was indeed Mississippi. And the second-to-last one was West Virginia. That's what Edmunds is saying, citing data from Polk. Mississippi was the final hold-out until one intrepid Jackson resident made the Model S plunge. The state's non-Tesla stature wasn't a surprise, given that Mississippi has the lowest percentage of plug-in vehicles in the country (on the flip side, Washington, Hawaii and California are there three most plug-in prevalent states by percentage of registrations). Another fun cocktail party fact: more than 20 percent of Mississippi's registered vehicles are trucks. Tesla took about a year and a half to finally register a vehicle all 50 states. Comparatively, the Nissan Leaf took almost two years to be registered in all states, while the Chevrolet Volt extended-range plug-in took just 11 months. Tesla sold about 22,300 Model S vehicles last year, and the approximately 6,900 units sold during the fourth quarter made it the country's best-selling plug in during that time. The bad news is that our Mississippi Tesla owner can't count on getting free electric charging from Tesla any time soon. The nearest Superchargers are in Texas and Florida, two states away. News Source: Edmunds.com Green Tesla Electric ev sales west virginia

Saleen Tesla Model S announced as tuner's first EV

Fri, 31 Jan 2014

Saleen has made its name on building some of the meanest modern muscle cars around, which was why it was so surprising when it announced in December that its next project will go electric. Has the famed pony car modifier lost its mind? Or is it right in thinking the performance potential of the Tesla Model S is too big to ignore?
Details remain scant about the project, but Saleen promises to transform the Model S into an electric supercar. Power is getting a boost but exactly how much more than Tesla's own 416-horsepower Model S P85 is not known. Saleen has also not set a completion date for the car yet, but it promises that renderings and specs will be ready soon. The only real detail that Saleen gives about its version of the Model S is that it has "a revolutionary design all our own," so we're expecting some visual differentiation to go with its inevitable augmented power.
"I fully intend to produce one of the most compelling Tesla's to ever hit the roadway," said Steve Saleen, company founder and CEO. You can read the entire brief press release below.

Tesla attempting LA-NY Guinness record using Superchargers

Thu, Jan 30 2014

Right now, two Tesla Model S EVs are crossing the US from Los Angeles to New York, hoping to be a big deal. Sure, a father-daughter team already claim they've made the cross-country drive, but this time, it's an official Tesla event and the company has its eyes on a Guinness World Record prize. The drivers left the Tesla design studio in Hawthorne, Los Angeles at midnight last night, and the plan is to use the company's just-completed Supercharger network to achieve the "lowest charge time for an electric vehicle traveling across the United States." We didn't know that was a category, either. Tesla now has over 70 Supercharger stations in the US and all of them are free-to-use for Model S drivers, which is why you can follow along on this record attempt via Twitter using the #DriveFree tag. As of early this morning, the teams made it to the Supercharger station in Kingman, AZ and posted this sunrise pic. We wish them safe travels – they will soon reach the snowy northern parts of the country since the current Supercharger route will take them through the upper Midwest on the way to the East Coast.

Norwegian winter proving too much for some Tesla charging cables

Wed, Jan 29 2014

Polar vortex 1, Tesla Model S 0? Possibly. Norway is certainly a long way from the sunny California climes where the luxury electric vehicle is made and, while the cars are popular in that country, the country's cold weather is creating problems for car owners, the Norwegian website News in English reports. As winter has set in, a number of Model S owners are reporting charging problems. One driver was stranded with a dead battery on Christmas Eve, while others have said Tesla's recharging cables are having a hard time holding a charge when the temperature gets substantially below freezing levels. Tesla has acknowledged that Norway has a different kind of electric grid than the US (and not just because it's 99 percent hydro-powered) that could be causing the problem. The company has reportedly sent Norwegian owners country-specific updates for the on-board recharging software. Once charged, the Model S works just fine in Norway. In this December video, posted by Norwegian Model S owner Bjorn Nyland, a Model S manages to drive for about 233 miles on a single charge in temperatures that reached only about 21 degrees Fahrenheit, and even then the car had about another 25 miles worth of juice left. Tesla has been well-received in Norway in part because of extensive government incentives as well as perks such as bus-lane access and free parking.

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

Wed, Jan 29 2014

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.