Tesla has released it's much anticipated Q2 production and delivery results and they are record breaking. Ninety five thousands (yes 95k!) Tesla vehicles were delivered more than doubling Q2 of 2018. Here are the highlights from the report.
The current view from Wall Street analysts and an oft argued point from Tesla critics is they should be priced like an Auto company. So it follows Tesla's stock is still overpriced relative to legacy auto manufacturers. This article tries to explain why that isn't true, and why Tesla's future value is at least one Trillion dollars
Norway is the undeniable leader when it comes to adoption of Battery Electric Vehicles (BEV) with more then 60% of new cars being electric. However that number could hide the actual demand. It's being reported that the supply of EVs can't meet the demands of the Norwegian consumers.
With Tesla's acquisition of Maxwell Technologies the company is about to unveil a huge breakthrough in their battery technology which will catapult them 5-10 years ahead of their competitors. The improvements to their core technology will see range increases, cost decreases and more efficient production.
A Porsche customer is reporting he has been told that their "Tesla killer" will not now be presented until 2020 at the earliest.
Consultants Wood McKenzie are reporting that Tesla has fallen to third place in the burgeoning solar industry.
So what's the real deal when it comes to Tesla's Q2 production and deliveries? We have bulls and bears both presenting their case along with Tesla's own guidance.
Tesla annonced via Twitter today that the Model 3 is becoming a gaming platform.
The Tesla twitter account said that the Beach Buggy Racing 2 game by Vector Unit would be rolling out to their cars today.
Your next charging session is going to be SO 👏 MUCH 👏 FUN 👏 pic.twitter.com/5YzSL36kCC— Tesla (@Tesla) June 18, 2019
The company is having an "Experience the Tesla Arcade event" in late June in showrooms globally.
From 2030 in Ireland there will be a ban on Petrol or Diesel cars/vans being sold. The measures were revealed in their Climate Action Plan which was published on Monday.
Ireland is hoping by the time the ban is in place there will be nearly a million Electric Vehicles on Ireland's roads. The impending bans from Ireland and other countries is sure to make buying and ICE vehicle financial suicide as the the depreciation will accelerate every year from now.
Another high profile Tesla bear seems to have a change of heart on their belief about the company's future.
After we reported yesterday fellow Tesla bear Bob Lutz praising the Model 3 build quality, another famous bear Jim Chanos, the founder of hedge fund Kynikos Associates has taken a long position on Tesla via call options.
Bob Lutz has flipped his opinion on the Tesla Model 3 build quality. The former executive of all Big Three motor companies had been a vocal Tesla bear for years, but since seeing a current Model 3 has seen the light.
In a Road and Track article Lutz said
When I spied a metallic-red Model 3 in an Ann Arbor parking lot, I felt compelled to check it out. I was eager to see the oft-reported sloppy assembly work, the poor-fitting doors, blotchy paint, and other manifestations of Tesla CEO Elon Musk's "production hell" with my own eyes.
At the 2019 E3 conference Elon Musk sat down with Bethesda's Todd Howard to discuss how gaming inspired him to learn how to code. As part of the discussion it was revealed by Howard they are working with Tesla to bring modern games to the Tesla screen.
Following up from Elon Musk's statement that Tesla may enter the mining game, could his other disruptive company help Tesla with this endeavour?
At a packed Tesla annual shareholder meeting Elon Musk gave investors plenty to smile about. The Billionaire CEO of Tesla and SpaceX shared the state of Tesla with the enthusiastic share holders.
Some of the highlights which have prompted a surge in the Stock Price include
Jaguar Land Rover (JLR) and BMW have announced that they are embarking on a partnership to help them develop the next-generation of electric vehicles (EVs).
The British and German premium carmakers said in a statement issued today (June 5) that the collaboration will help them manage the transition towards a future of autonomous, connected, electric, shared (ACES) mobility.