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Tesla Top 5 Week in Review: Model 3, Gigafactory, a brush with the law, and more

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The Tesla Model 3 was big news again this week, as Tesla announced a February date for pilot production. Also, no longer will occupied Supercharger stations be so stress-inspiring, as Tesla has an onboard map update that shows Supercharger location availability. With news of a proposed federal import tax a topic of serious discussion, Tesla seemed on the winning side, with its prominent domestic manufacturing. The Gigafactory construction costs rose above $1 billion this week as noted through permits that Tesla filed. And a story emerged in which another Model S driver was detained by police who investigated reports of an abduction, only to quickly ascertain that rear-facing seats were the real culprit. Here are those stories in review.

Tesla to begin pilot production of Model 3 on February 20

Red Tesla Model 3 at the vehicle unveiling event on March 31, 2016 from the company’s Hawthorne, CA Design Center.

As the more affordable all-electric vehicle in the Tesla catalog, the announcement of Model 3 pilot production staring on February 20 brought smiles to a lot of faces. The Model 3 will have a base price of $35,000, and that’s before government tax incentives. The appealing Model 3 price point is just a start: it will offer a range of at least 215 miles. The Model 3 pilot production creates a vehicle that is targeted for demonstration and evaluation, as pilot manufacturing is used to calibrate the assembly line, assess the car against design standards, and confirm quality of outside suppliers’ components. Some Model 3 pilot vehicles will be destined for safety crash tests, while others will generate media visibility. Importantly, strong demand for the Model 3 will push Tesla’s production capabilities, already exceeding 373,000 pre-orders.

Read the story here.

Tesla unlocks real-time Supercharger occupancy data on vehicle map

Any Tesla owner will attest to the frustration that happens when you pull up to a Supercharger stall and find that it’s occupied. Knowing what’s happening at Superchargers ahead is newly improved. Tesla owners can now see Supercharger stall availability at a particular moment in time. Owners have already begun to report that data has appeared via the map app in the form of little bars over Supercharger stations that display availability. This is a very important component of Tesla’s overall goal to reduce range anxiety for its customers and to provide the smoothest and easiest vehicle experience of any currently available on the market.

Read the story here.

Tesla on the winning end of proposed U.S. import tax

A new study suggests that Tesla would be well-positioned if a proposed federal tax on imports is implemented. Baum & Associates LLC determined that most automakers would need to add thousands of dollars to vehicle sticker prices to compensate for costs incurred with the import tax. Jaguar’s Land Rover would experience the worst case scenario with price increases near to $17,000, as it imports all its vehicles. Companies with significant domestic manufacturing would absorb only the smallest price increases among major automakers, with Ford accruing about $282 per vehicle and General Motors Co. at about $995. With its extensive domestic manufacturing, Tesla is the sole automaker that may be able to keep prices level. The study’s goals were to expose the relative impact of the tax plan on each automaker, according to Alan Baum, founder of Michigan’s Baum & Associates.

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Read the story here.

Tesla Gigafactory surpasses $1 billion in construction costs: Section D/E addendum filed

Tesla, Inc. has been granted a total of 153 building permits for its Gigafactory to date from the Storey County Community Development Department. In sum, the permits correlate with an estimated $1.03 billion in construction costs. Storey County remitted these permits after receiving $5.58 million in fees from Tesla. Twenty-nine permits are mentioned in an addendum, which total $542.65 million of construction work. Many of the other permits relate to the installation and anchoring of the equipment needed for the factory. Other permits include a nitrogen yard, a thermal energy storage tank, and the Panasonic equipment installed in Section B and C. In addition, the installation and expansion of the contractor accommodation indicated the number of construction workers on site has increased.

Read the story here.

Tesla Model S rear-facing child seats lead to false kidnapping report

Tesla Model S owners who have opted for additional, rear-facing seats are aware that their size and location offers a fun and efficient place for youngsters to sit. The Sheriff’s Department in Newhall, California, who responded to reports of an abduction, didn’t have this same background knowledge about the Tesla Model S. It turns out that “it was not a kidnapping,” according to Lt. Rob Hahnlein, who spoke on behalf of the Sheriff’s Deparment, but, rather, an individual assisting a child into a Tesla. “The new Teslas have a weird back seat,” Hahnlein acknowledged, “and when they put the (child) in the back seat it looked like they were putting them in the trunk.” The Sheriff’s Department noted how they are obliged to investigate every kidnapping report until the situation is resolved. They also detained the Tesla driver at gun point with the child observing from the seats in question.

Read the story here.

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Carolyn Fortuna is a writer and researcher with a Ph.D. in education from the University of Rhode Island. She brings a social justice perspective to environmental issues. Please follow me on Twitter and Facebook and Google+

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Elon Musk

Tesla Board Chair discusses what is being done to protect CEO Elon Musk

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Credit: xAI

Tesla Board Chair Robyn Denholm met with Bloomberg this morning to discuss a variety of topics, but perhaps one of the most interesting was her comments on what is being done to protect company CEO Elon Musk.

After the assassination of right-wing political commentator Charlie Kirk this week, there have been concerns about Musk’s safety, as well as that of other high-profile business leaders and political figures.

Earlier this week, Musk said himself that his security detail would be increased significantly following Kirk’s death, a move that many investors and fans of the company had requested because of political violence.

Elon Musk assures Tesla investors he will enhance his security detail

“Definitely need to enhance security,” Musk said. Tesla spent $3.3 million on Musk’s security in 2024 and January and February 2025. For reference, Meta spent over $27 million on Mark Zuckerberg’s security last year, which is higher than any other tech CEO.

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During Denholm’s appearance on Bloomberg TV earlier today, she stated that the company has been focused on Musk’s security detail for “many years,” especially considering he is one of the richest people on Earth and holds an incredible amount of influence.

“It is something that we take very seriously; he takes it very seriously as well. So, again, from a board perspective, it is something we’ve discussed at length,” Denholm said.

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Denholm added that she believes “there is not anyone in a boardroom that is not touched by what has happened with Charlie Kirk.”

Although Musk’s political involvement has toned down significantly in the past, he still has enemies, especially based on groups that oppose him and the company specifically. Based on this week’s events, it feels that increased security is a necessary expense Tesla must account for.

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Investor's Corner

Tesla bear turns bullish for two reasons as stock continues boost

“I think from a trading perspective, it looks very interesting,” Nathan said, citing numerous signs of strength, such as holding its 200-day moving average and holding against its resistance level.

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Credit: Tesla Manufacturing

A Tesla bear is changing his tune, turning bullish for two reasons as the company’s stock has continued to get a boost over the past month.

Dan Nathan, a notorious skeptic of Tesla shares, said he is changing his tune, at least in the short term, on the company’s stock because of “technicals and sentiment,” believing the company is on track for a strong Q3, but also an investment story that will slowly veer away from its automotive business.

“I think from a trading perspective, it looks very interesting,” Nathan said, citing numerous signs of strength, such as holding its 200-day moving average and holding against its resistance level.

He also said he believes a rally for the stock could continue as it heads into the end of the quarter, especially as the $7,500 electric vehicle tax credit is coming to an end at the end of the month.

With that being said, he believes the consensus for Q3 deliveries is “probably low,” as he believes Wall Street is likely underestimating what Tesla will bring to the table on October 1 or 2 when it reports numbers for the quarter.

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Tesla shares are already up over five percent today, with gains exceeding nine percent over the past five trading days, and more than fourteen percent in the past month.

While some analysts are looking at the performance of other Mag 7 stocks, movement on rates from the Federal Reserve, and other broader market factors as reasoning for Tesla’s strong performance, it appears some movement could be related to the company’s recent developments instead.

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Over the past week, Tesla has made some strides in its Robotaxi program, including a new license to test the platform in the State of Nevada, which we reported on.

Tesla lands regulatory green light for Robotaxi testing in new state

Additionally, the company is riding the tails of the end of the EV tax credit, as inventory, both new and used, is running extremely low, generally speaking. Many markets do not have any vehicles to purchase as of right now, making delivery by September 30 extremely difficult.

However, there has been some adjustments to the guidelines by the IRS, which can be read here:

Tesla set to win big after IRS adjusts EV tax credit rules

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Tesla is trading at around $389 at 10:56 a.m. on the East Coast.

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Tesla lands regulatory green light for Robotaxi testing in new state

This will be the third state in total where Tesla is operating Robotaxi, following Austin and California.

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Credit: Tesla

Tesla has landed a regulatory green light to test its Robotaxi platform in a new state, less than three months after the ride-hailing service launched in Texas.

Tesla first launched its driverless Robotaxi suite in Austin, Texas, back on June 22. Initially offering rides to a small group of people, Tesla kept things limited, but this was not to be the mentality for very long.

It continued to expand the rider population, the service area, and the vehicle fleet in Austin.

The company also launched rides in the Bay Area, but it does use a person in the driver’s seat to maintain safety. In Austin, the “Safety Monitor” is present in the passenger’s seat during local rides, and in the driver’s seat for routes that involve highway driving.

Tesla is currently testing the Robotaxi platform in other states. We reported that it was testing in Tempe, Arizona, as validation vehicles are traveling around the city in preparation for Robotaxi.

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Tesla looks to make a big splash with Robotaxi in a new market

Tesla is also hoping to launch in Florida and New York, as job postings have shown the company’s intention to operate there.

However, it appears it will launch in Nevada before those states, as the company submitted its application to obtain a Testing Registry certification on September 3. It was processed by the state’s Department of Motor Vehicles Office of Business Licensing on September 10.

It will then need to self-certify for operations, essentially meaning they will need to comply with various state requirements.

This will be the third state in total where Tesla is operating Robotaxi, following Austin and California.

CEO Elon Musk has stated that he believes Robotaxi will be available to at least half of the U.S. population by the end of the year. Geographically, Tesla will need to make incredible strides over the final four months of the year to achieve this.

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