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Tesla staring down California dealer ad probe request

Months after the confusing announcement of Tesla's lease-like financing program, the electric vehicle maker could face an advertisement probe that has been requested by the California New Car Dealers Association, Automotive News reports, which claims that consumers are being mislead by advertised monthly payments that are lower than what most people would experience.
The ordeal can be traced back to April 2, when Tesla made an announcement specifying tiered monthly payments for the three versions of the Model S assuming a 66-month term. But then Tesla revised the numbers upward overnight because, it claimed, it meant to say it offered a 63-month finance term, not a 66-month term. The automaker also claimed that factoring in the "true cost of ownership" of a Model S compared to a conventional fuel-burning car could drive monthly costs to below $500.
In May, it added an available finance term of 72 months, which, factoring in only gasoline savings, the company said could lower monthly payments to $580. But the underlying issue at hand is that the means which can potentially lower monthly payments from $1,000+ dollars (depending on the model) to under $600 can't be realized by the majority of Americans, the CNCDA says.

Superchargers power Tesla Model S EVs for over 8M miles [UPDATE]

Ahead of the company's press conference at the Detroit Auto Show tomorrow, Tesla is talking up its Supercharger network with some impressive numbers. Tesla's Alexis Georgeson told AutoblogGreen that Tesla Model S EVs have driven more than eight million miles on Supercharger fill-ups. That's the equivalent of 33-and-a-half trips to the moon and back. We can see how quickly the free Superchargers are getting popular by comparing this milestone to where we were four short months ago. At the end of September, after the Superchargers had been installed for a year, Tesla drivers had hit 3.2 million miles. The rapid increase since then is due mostly to there simply being a lot more chargers being available now. Tesla representatives told us that there are over 70 Supercharger stations in the world today (58 in North America and 14 in Europe) and that six were installed in the past week. Georgeson didn't have numbers on hand to say which stations were the most popular or other details, but did say that it's safe to assume that the Supercharger in Lusk, WY (pictured), part of a sweeping 'S' shape from Los Angeles through the northern US and on to Chicago and the East Coast, is not the most frequently visited. The next target for expansion is finishing the Boston-to-Miami corridor, which means putting in more Superchargers in North Florida and South Carolina. At CES last week, the Supercharger network won our AOL Technology of the Year award. *UPDATE: Tesla just let us know that 8 million is a little premature. The current number is actually closer to 7.5 million, but the total should crest the 8-million mark soon.

Tesla to earn $250 million from sales of California environmental credits

Tesla Motors is expected to release quarterly earnings figures within the next few days, and the Silicon Valley automaker is thought to have attained profitability for the first time ever. As it turns out, a good bit of that profit will reportedly come from the State of California.
According to an article from the LA Times, Tesla, which is reportedly on pace to sell 20,000 vehicles in 2013, receives as much as $35,000 in environmental credits from California for each Model S it sells. These credits can then be sold to other automakers that do business in the state but don't sell zero-emission vehicles of their own. Some experts believe Tesla could earn up to $250 million from such ZEV credits.
While profits from ZEV credits equals good news for Tesla, some experts and rival automakers aren't very pleased with California's strong-arm tactics when it comes to the sales of electric vehicles. "At the end of the day, other carmakers are subsidizing Tesla," said Thilo Koslowski, an analyst at Gartner Inc.