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Here's how buying a Tesla Model S works in China

When it comes to selling and delivering the California-made Tesla electric vehicles in China, we know there's a bit of a time difference. And that difference may be more a matter of months than hours as the California-based electric vehicle maker prepares to start sales in the world's most populous country, Forbes says. Not that it makes Tesla any less confident about its prospects there. Tesla's first showroom in China opened in Beijing in early November and a service center popped up about 13 miles away from there. The company is asking for an upfront $2,400 deposit on its Model S sedans and another $19,500 deposit after customization is complete. Foggier, though is the estimated delivery time, which for vehicles ordered this month can range from July to October, depending on who's doing the estimating, according to Forbes. Tesla representatives didn't respond to our request for clarification but you can get more details in Forbes. Still, Tesla executives have said they expect for China to account for about a third of global sales this year and as much as half in 2015, which could mean about 25,000 vehicles purchased in the country. All this despite the fact that Tesla, like other automakers, has upped the price of its cars for China compared to the levels in other countries. Tesla in January set a base price for the 85-kilowatt-hour Model S of more than $120,000 (depending on the exchange rate) in China. The company says that the price could have been higher, but it wanted to set a fair price.

Why Tesla will need more loans to make it through 2013

It's fun to bet against Elon Musk and Tesla - that's the best reason we can find for so many people doing it even though the man, his company and his cars are still here and still very popular. The latest name inscribed in the column labeled "Skeptical of Tesla" is John Shinal at Market Watch who, in year-end commentary on Tesla's financials, says that the "carmaker's financials are reminiscent of a dot-com's." He does not mean that in the good way.
To be fair, Shinal isn't exactly betting against Tesla, he's saying that if you check the bottom lines, the only thing keeping Tesla alive is the hundreds of millions in Federal Department of Energy loans it has received. Based on its filings, he says the company has less than six months of cash on hand, hasn't produced as many cars as it promised and had to lower its revenue forecast for 2012, has had a "year of net losses and negative operating cash flow," and was underwater by at least $37 million at the end of the third quarter.
But Shinal's not done there, summarizing Tesla as an operation with "a poor habit of failing to deliver to customers the cars it has promised them, while simultaneously raising the prices of those yet-undelivered cars," and "a lousy level of customer service." He says there are more damning things to be found in Tesla's SEC registration settlement from September, but we'll have to wait for his next column to find out what those are. The takeaway, in Shinal's opinion, is that even though Tesla will keep getting money from the government, that investors have no business dealing in Tesla stock.

Even Tesla job fair gets too much attention, causes traffic jam

We know that when it comes to Tesla, every little thing has the potential to explode into the popular consciousness. Whether it's the rare fire or a good conspiracy theory, any news is good news. But we thought that this was just true on the Internet. Turns out, even the company's neighbors can't seem to get enough. Case in point: a planned day-long company job fair that had to be cancelled after just two hours. Lines were already long when the fair opened up at 8 am yesterday, according to local media. Then, things got so crazy that the Fremont Police Department had to send out two Tweets, asking people to avoid the area around Tesla's Fremont facility "due to heavy vehicle traffic." Tesla offered its own Tweeted suggestion, saying that the, "job fair is closed for today" and "We urge those who we were unable to interview to go to http://www.teslamotors.com/careers and apply online." That may be cold comfort the the people in line who didn't get a chance to apply for a new job at the electric automaker, but it does give the web one more thing to talk about when it comes to Tesla.