01-14-2014: Tesla demand surges, stock rises 16 percent
2013 Motor Trend Car of the Year: Tesla Model S
2013 Automobile of the Year: Tesla Model S – Automobile Magazine
02-25-2014: Tesla tops ‘Consumer Reports’ 10 best vehicle list
Tesla tops ‘Consumer Reports’ 10 best vehicle list
Fred Meier, USA TODAY, 02-25-2014
The list of best all-around vehicles by category is the highlight of CR’s much-watched annual auto Issue, which also includes top used cars, best safety rankings and other ratings.
The new vehicles to break through as Top Picks in their categories are the Hyundai Santa Fe for large SUV, the Ram 1500 among pickups, Subaru Forester for small SUV and the Tesla Model S luxury sedan as best overall vehicle.
“The competition in the marketplace has grown fierce. There was a time when a handful of brands dominated our Top Picks list, but in recent years, we’ve seen a more diverse group make the cut,” said Rik Paul, CR’s automotive editor.
The 2014 Top Picks and recommendations scored at or near the top in CR’s testing of 260 vehicles, perform well in federal or insurance industry crash tests and have average or better predicted reliability in Consumer Reports’ latest survey of owners of 1.1 million vehicles.
BEST OVERALL: Tesla Model S electric luxury sedan ($89,650). Exceptional acceleration, handling and ride, a “versatile” cabin in a car “brimming with innovation,” plus a 225-mile driving range and as fast as 5-hour charges.
2013 Tesla Model S Review
Published on Oct 23, 2013
“Ask any owner about their Model S and they’ll probably have a hard time coming up with reasons to complain about it. Even people who bought early models known to come with quality defects don’t seem to mind. How is that possible?” – AutoGuide.com
Electric car maker Tesla Motors Inc said on Tuesday deliveries of its Model S sedan in the fourth quarter blew past what the company had forecast, sending shares up nearly 16 percent.
Tesla delivered almost 6,900 Model S sedans in the quarter, 20 percent above what the company had forecast, Jerome Guillen, vice president of global sales and service, said at the Detroit auto show.
This year looks to be strong, he added.
He said the company this year expects to double its global sales and service locations, which currently total almost 150 combined. He also said Tesla was working “feverishly” on the Model X crossover vehicle, which the company previously said would debut in the second half of 2014.
Chief Executive Elon Musk was committed to developing the cars alone.
“None of our plans have ever assumed help from outside,” O’Connell said.
01-04-2014, Daily Finance:
Consider this: Tesla doesn’t have a budget for advertising. In fact, Tesla hasn’t spent any money on advertising at all: “Demand exceeds supply, despite no advertising, no discounts and no paid endorsements,” Tesla said in its most recent letter to shareholders. Free word-of-mouth advertising alone is doing the job for Tesla.
Tesla’s motor engineering team developed our own custom 3-phase AC induction motor – based on Tesla’s patents, based on the EV-1 motor, based on the AC Propulsion motor. Like Tesla’s motors, the EV-1 motor, and the AC Propulsion motor, ours gets its incredible efficiency largely due to its copper rotor.
We’ve studied the EV-1 motor carefully. The technique they used to construct their copper rotor was not great, resulting in suboptimal efficiency, and (I suspect) low manufacturing yield.
We have studied AC Propulsion’s rotor manufacturing technique. Their process creates a motor with much better efficiency. But there is quite a bit of hand labor and tweekmanship in the process, and it would not work for the production volumes we forecast at Tesla.
We studied other companies who cast copper rotors like Favi. But their process yielded rotors with lower efficiency than AC Propulsion’s.
So we set out to create our own copper rotor fabrication process. It took us a few years, but it worked: our rotors are readily mass produced in our own factory in Taiwan, and their performance is quite nice. (How we do it is a secret. I don’t keep a lot of things secret from you, but this is some of our secret sauce! That’s why we didn’t outsource the construction of this piece.)
Here’s the cool thing: if you handed one of our motors to Nikola Tesla, he’d recognize it immediately as his own invention. Nice job of optimization, but clearly his.
That’s why we’re Tesla Motors.
And demand is likely about to get supercharged:
Tesla’s charging infrastructure is expanding rapidly, both in the U.S. and Europe.
2014 will be Tesla’s year of European sales; the company has only delivered 1,000 supply limited vehicles to Europe so far– beginning last quarter.
Tesla is aiming to begin deliveries in China during the first quarter of 2014,and it’s already taking hundreds of orders there (without any advertising).
Tesla plans to introduce its fully electric Model X SUV toward the end of 2014.
Can we expect Tesla really to be able to ramp up production to meet the likely boost in demand in 2014 that will result from its aggressive expansion? If Tesla keeps its word like it did in 2011 and 2012, we can. Since 2011, Tesla has been saying that it could rapidly arrive at a rate of production for the Model S where it would deliver 20,000 vehicles per year. And here we are, going into Q4, with Tesla guiding for a total of 21,500 of the Model S delivered in 2013 — the first full calendar year of Model S deliveries.
So what is Tesla’s updated expectation? It’s twofold:
Begin deliveries of Model X in limited quantity toward the end of 2014.
Reach an annualized rate of deliveries of 40,000 units per year by late 2014.
Not only is Tesla guiding for this achievement, but Tesla also took action at the end of October when it announced an agreement with Panasonic for a significant boost to lithium-ion supply. And in Tesla’s third-quarter earnings call Tesla CEO Elon Musk even mentioned that the company is considering building the world’s largest lithium-ion factory — they’re calling it the giga factory.
May 08, 2013
On Wednesday, Tesla delivered its anticipated first-quarter profit and went a step further, hiking its full-year sales forecast to 21,000 cars from 20,000. Shares of Tesla surged in after-hours trading, rising more than 25 percent at the time of this report to $70.28, an all-time high. Revenue in the first quarter rose 83 percent from the prior period to $562 million, and Tesla reported net income of $11.2 million.
On Sunday evening (March 31, 2013), Tesla Motors announced that sales in the 1st quarter 2013 had exceeded the previous estimates, and that the company was amending its guidance to shareholders that Tesla would be fully profitable in Q1 2013.
For fiscal year 2012 Tesla Motors ran a loss of $396 million after earning $386 million in revenue for the year. Shifting from that steep of a loss to profitability in one quarter rests on the fact that the factory is in full production, and stayed in full production all through the first quarter of 2013.
During the first quarter of 2013, the company claims sales exceeded 4,750 units while previous guidance had been sales of 4,500 units. This is an extra 250 or so Model S’s sold during Q1, representing extra revenue. Previously Tesla management said that, at full production, the factory would build 400 Model S’s per week. For at least 3 weeks during the first quarter, Tesla sustained over 500 deliveries per week.
Introducing a car so advanced it sets the new standard for premium performance. At the heart of the vehicle is the proven Tesla powertrain, delivering both unprecedented range and a thrilling drive experience.
With a rigid body structure, nearly 50/50 weight distribution and a remarkably low center of gravity, Model S offers the responsiveness and agility expected from world’s best sports cars while providing the ride quality of a sedan.
Tesla’s advanced electric powertrain delivers exhilarating performance. Unlike the internal combustion engine with hundreds of moving pieces that spark, pump, belch, and groan, the Tesla motor has only one moving piece: the rotor. As a result, Model S acceleration is instantaneous, like flipping a switch. Hit the accelerator. In 5.6 seconds, Model S is traveling 60 miles per hour, without hesitation and without a drop of gasoline.
Model S Performance
Model S Performance takes electric performance to the next level. Equipped with the 85 kilowatt-hour battery and a high performance drive inverter, Model S Performance accelerates to 60 miles per hour in 4.4 seconds. If driven the same way as Model S, both cars achieve the same efficiency thanks to the unique powertrain design. Model S Performance features unique exterior accents and an interior replete with Alcantara and carbon fiber accents.
Model S sets the bar for electric driving range. Model S is offered with three battery options, each delivering unprecedented range. All three batteries are contained within the same enclosure, integrating with the vehicle in the same way, providing structural, aerodynamic, and handling advantages. All three batteries use automotive-grade lithium-ion cells arranged for optimum energy density, thermal management, and safety.
estimated ranges: 160, 230, 300 miles per charge.
Plug In Anywhere
Model S comes standard with everything you need to plug into the most common 240-volt outlet, standard 120-volt wall outlets and public stations. With a High Power Wall Connector and Twin Chargers, Model S can be recharged at the rate of 62 miles range per hour. A fifty-percent charge in thirty minutes can be achieved with a Tesla Supercharger.
Ask Tesla owners how long it takes to charge and they’ll say just a few moments. Like they do with a cell phone, most Tesla owners plug in at night. By morning, their battery is completely recharged. The touchscreen can be used to create a customized charging schedule that enables you to charge when electricity rates are lower during off-peak hours.
The rear facing child seat option provides seating for seven. Optimized for safety and equipped with 5-point seatbelts, the bucket seats provide a comfortable ride for children under the age of 10. When not in use, the jump seats fold completely flat.
Model S comes equipped with two USB ports that enable passengers to charge devices while on the go. Equipped with high-speed connectivity, the Touchscreen accesses a vast supply of music, maps, and the web.
The unique architecture of Model S creates unprecedented storage space. Model S can transport a mountain bike, a surfboard, and a flat screen TV – all at once. With no need for an engine up front, Model S features an additional 8.1 cubic-foot compartment under the hood. With the seats folded flat, Model S boasts over 66 cubic feet of storage.
Tesla Starts Delivering Model S to Customers
received more than 10,000 reservations worldwide for the Model S.
COMPANY PLANS TO BUILD 5,000 VEHICLES BY YEAR-END
FRIDAY, JUNE 22, 2012, TeslaMotors.com
Tesla Motors (NASDAQ: TSLA) delivered Model S, the world’s first premium electric sedan, to its first customers at an invitation-only event at the Tesla Factory in Fremont, California today. These deliveries put Model S on the road approximately one month earlier than previously announced and places the company in a good position to build 5,000 cars by the end of 2012, followed by 20,000 cars in 2013.
Model S is the world’s first premium sedan to be built from the ground up as an electric vehicle, meticulously engineered to elevate the public’s expectations of what a premium sedan can be. The five-door premium sedan competes with the top cars in its class in spaciousness, handling and style, yet produces zero emissions. Because there is no internal combustion engine or transmission tunnel, the interior of the car allows for additional cargo space in the front of the vehicle and one of the most spacious cabins in its class.
The heart of Model S is its efficiently-packaged electric powertrain that delivers a thrilling driving experience while setting a new EPA record for electric vehicle range of 265 miles. Model S comes with
threetwo battery options – 40 kWh, 60 kWh and 85 kWh. The battery’s floor-mounted position gives Model S a low center of gravity and ideal weight distribution for exhilarating performance and superior handling. Model S has many similar features, including immediate responsiveness, instant torque and smooth acceleration that made the Tesla Roadster famous. Tesla has already received more than 10,000 reservations worldwide for Model S. Deliveries of Model S in Europe and Asia will begin in early and mid-2013, respectively.
The base price of Model S is $49,900 after available federal tax credits of $7,500. Additional pricing information can be found here. Model S customers may also qualify for state tax credits, rebates, sales tax exemptions, free parking, commuter-lane passes and other perks.
Tesla is taking reservations online and at Tesla Retail Stores around the world. Tesla has 22 company-owned stores and galleries worldwide. The company will open four additional stores and galleries this summer at 3rd Street Promenade in Santa Monica, California, Fashion Square in Scottsdale, Arizona, Washington Square in Portland, Oregon, and on Lincoln Road in Miami Beach, Florida. Tesla plans to open about twelve New Design retail stores and galleries worldwide in 2012, mostly in North America.
When it comes to delivery, all customers have the option to upgrade to a “Tesla Personal Delivery.” With this option, Tesla will deliver their car wherever a customer chooses: at home, at work, at a friend’s house, at a hotel while on vacation, or anywhere else that brings a smile. During Tesla Personal Delivery, a Product Specialist will walk through many of the features that make Model S great and will explain important details customers need to know about owning Model S. Customers may choose to take delivery of their vehicle at Tesla’s Fremont factory where they may also receive a tour to see where their vehicle was born.
Tesla Model S: $50,000 EV sedan seats seven, 300-mile range, 0-60 in 6 sec.
October 27, 2011 14:40 ET
Tesla Model S Beta Models Tour North America
Tesla Invites the Public to Experience the World’s First Premium Electric Sedan
PALO ALTO, CA–(Marketwire – Oct 27, 2011) – Tesla (NASDAQ: TSLA) is taking the world’s first premium electric sedan, Model S, across North America. Model S Beta prototypes will be on display for public viewing from Toronto to Newport to introduce the country to the car of the 21st century. The Beta prototypes on display are 90% production intent in fit finish and performance, and provide customers the opportunity to experience how their future car will look and feel. More information on event locations can be found here: www.teslamotors.com/events
Model S is the first sedan designed from the ground up as an electric vehicle. Equipped with Tesla’s advanced electric powertrain, Model S provides instant torque and smooth acceleration from 0-60 in less than six seconds. The all aluminum body is engineered for superior handling, safety and efficiency. With the most energy dense battery pack in the industry, and best-in-class aerodynamics, Model S has the longest range of any electric car in the world.
Model S seats 5 adults and two children. With no internal combustion engine or transmission tunnel, the interior of the car has class-leading cargo space, including a second trunk under the hood. The centerpiece of the interior is a 17″ touchscreen with wireless connectivity for streaming radio, web browsing and navigation. Model S comes with three battery pack options, 160, 230 or 300 mile range. It can be recharged using any conventional outlet and is capable of a fast charge of 45 minutes.
Model S is incredibly convenient to own. It requires less routine maintenance than conventional cars, does not need regular oil changes or exhaust system work tune ups, and there is no need to warm it up in the morning. Model S has no spark plugs, pistons, hoses, belts or clutches to replace. Tesla’s mobile service program sends Tesla Rangers to customers’ homes and offices when needed.
Deliveries of Model S begin in mid-2012. Customers can reserve their Model S in one of Tesla’s retail stores, or online. Already, Tesla has more than 6,500 reservations for Model S.
The Model S Beta vehicles represent the phase of development before final production. Their unveiling marks Tesla’s transition into a mass-production automaker, and the creation of the world’s first sedan built from the ground up as an electric car. Closely approximating Model S’ final appearance and unique driving dynamics, the Beta vehicles deliver the instant acceleration and smooth, quiet ride that defines the Tesla brand. The term “Beta” is borrowed from Tesla’s Silicon Valley roots, denoting a near-final test phase. Now that the car’s architecture and performance have been proven, Tesla will continue learning, testing and incorporating feedback into the final, polished product — on schedule for delivery next year.
Tesla’s goal is to accelerate the world’s transition to electric mobility with a full range of electric cars. Palo Alto, California-based Tesla designs and manufactures EVs and EV powertrain components. Tesla has delivered more than 1,800 Roadsters, the world’s first electric sports car, to customers worldwide. Model S, the first premium sedan to be built from the ground up as an electric vehicle, hits the road in North America in mid-2012, and in Europe and Asia in late 2012.
Tesla Pulls Back Veil on Model S
The electric-car startup shows the world how serious it is.
By Matthew de Paula of MSN Autos – Jan. 15 2011
One thing is clear from Tesla’s presentation here at the North American International Auto Show in Detroit: The fledgling electric-car company is fortunate to have Peter Rawlinson as its vice president of vehicle engineering.
Rawlinson worked on the Bentley Continental, BMW 5-Series, Ford Fiesta, Honda Accord, Jaguar XJ and F-Type, and Land Rover Discovery, among many other highly regarded automobiles. This kind of brain trust will keep a young company like Tesla from falling into the kind of peril some pundits seem to predict.
The company’s goal is daunting, for sure: creating from scratch a premium electric sedan for the masses that can compete with products from much larger automakers with billions more in market capitalization. Tesla seems undaunted, though, flush with $226 million in funding it raised through an initial public stock offering last summer, and riding on the clout of partnerships with Toyota and Panasonic.
In Detroit, Tesla showed off the guts of its coming Model S sedan, which will be the company’s first high-volume vehicle, relatively speaking. The company says it has taken more than 3,500 orders for the Model S and needs to sell 20,000 a year to be profitable. Since it was founded in 2003, Tesla has sold more than 1,500 of its six-figure Roadster sports car.
What makes it special? Everything about the Model S is special. But one of the main points Tesla hammered home is that the Model S was engineered without certain constraints that apply to conventional automobiles – the implication being that the Model S is a better car because of it. For example, the front suspension towers are linked by a large cross-member that improves ride, handling and safety. This is possible because much of the space in the engine bay that is normally taken up by a car’s engine remains empty on the Model S. All of the machinery that makes the car move – its electric motor, gearbox and power electronic inverter module – is shrink-wrapped into a tight package that sits between the rear wheels. The Tesla Model S is so space-efficient, Rawlinson says, that it has room for a third row of seats – albeit a small one, only for children. Tesla also highlighted the way it engineered its lithium-ion battery cell, which is flat and relatively thin, and sits at the lowest point on the car, spanning the length and width of the undercarriage between the wheels. It acts as a structural member that increases the car’s rigidity, and the smooth surface it creates under the car is ideal in terms of aerodynamics.
When will it be available? Production will begin mid-2012.
How much will it cost? Starting price is $56,400.
MSN Autos’ take? It was a good move for Tesla to deconstruct the Model S and show how it was engineered. And the fact that someone of Rawlinson’s caliber is at the engineering helm lends the car the credibility it will need to win over the type of savvy, affluent drivers who can afford to buy one. Real proof of the Model S’ success will come once it actually hits the road.
Mar 26th 2009 – AutoBlog.com – by Jonathon Ramsey
It’s been a long and difficult road, but Tesla Motors has made it to unveiling No. 2. After a lot of hype and delivery of 250 Tesla Roadsters, the company’s Model S was unveiled today in Hawthorne, California. Tesla was incredibly careful about not leaking a lot of information before today – designing the Model S at a high-security rocket facility helped with that, but we still got a peek a few hours ago – and now that it’s here, we love what we see. As for new information on the Tesla For The Rest Of Us (sort of), follow the jump for all the details and check out the gallery of high res photos below.
We have just listened to the panjandrum [billionaire CEO] Elon Musk and the car’s designer speak about the new Tesla S sedan, and these are the things to know about the first mass-produced highway-capable electric car: production will ramp up to 20,000 units annually by the end of the first year of production; after the $7,500 tax break, the Model S will start at $49,900; and 440-volt charging will be available. That base price is for the 160-mile range pack; a 230-mile range pack and a 300-mile range pack will also be available.
Some other fast facts:
* The car fits seven people and their luggage: five adults and two children in rear-facing seats under the hatch inside, with luggage in the boot up front.
* If not people, it can fit a mountain bike with its wheels still on, a surfboard and a 50-inch television at the same time.
* The dashboard screens were installed to rid the interior of buttons. The 17-inch main display is fully 3G and Internet capable.
* The 300-mile range is possible (vs the Roadster’s 244-mile range) because the S has 8,000 battery cells vs. 6,000 in the Roadster, the batteries have been improved in mass and volumetric performance, and there is more advanced cell chemistry in each cell, and the S has a cd of about .27 vs. the Roadster’s drag coefficient of .35.
* On a 220V outlet, the car can be recharged in 4 hours.
* Option packages are being decided, with the only initial option being the battery pack. Customers will also be able to buy the 160-mile pack and rent the long range pack for a trip.
* They are finalizing the warranty, and expect it to be 3-4 years for the car and 7-10 years for the battery pack. They expect replacement battery packs to come in at “well under $5000″ according to Elon.
* The quickness: the standard S will get to 60 in 5.5 to 6.0 seconds. A coming sport version will get to 60 in “well under five seconds,” Musk says.
* The car will get a single-speed transmission.
* The body panels and chassis will be primarily aluminum, with a total weight of just over 4,000 pounds, about 1,200 pounds of that being battery mass.
* For infrastructure, Tesla is working with a government-affiliated partner to set up battery changing stations at various locations. They will be able to change the battery in 5-8 minutes, “quicker than filling up your car with gas.”
According to Tesla’s numbers, buying a Tesla S will save you $10-$15K vs a comparably priced gas-powered sedan when gas is $4 per gallon. For an equivalent comparison, you’d have to lease a $35,000 gas-powered car. The biggest hitch: the car doesn’t go into production until Q3 of 2011. [Q1 2012]
At a Glance: Production Model S
With a 300-mile range and 45-minute QuickCharge, the $49,900 Model S can carry five adults and two children in quiet comfort – and you can charge it from any outlet, without ever stopping for gas. World’s first mass-produced electric vehicle offers performance, efficiency and unrivaled utility with twice the energy-efficiency of hybrids, making Model S the only car you’ll ever need.
Convenience and utility bullet points:
• Up to 300-mile range
• 45-minute QuickCharge
• 5-minute battery swap
• Charges from 110V, 220V or 440V
• Seating for 5 adults + 2 child seats
• Unique hatch for oversized items
• 60/40 flat-folding rear seat
• 2nd trunk under hood
• EPA Roominess Index 121.6
• More room than station wagons
• 17-inch infotainment touchscreen
• 3G wireless connectivity
Model S powertrain includes a liquid-cooled 9-inch motor, floor-mounted battery pack and a single-speed gearbox, delivering effortless acceleration, responsive handling and quiet simplicity — no fancy clutchwork or gear-shifting required. Model S costs as little as $4 to fully charge – a bargain even if gasoline dropped to $1 per gallon. You can have affordable fun while being socially responsible.
• 0-60 mph in 5.6 seconds
• ¼ mile in 14 seconds
• 120 mph top speed
• Braking 60-0 mph 135 feet
• 42 kWh battery storage system standard
• 70 kWh and greater battery storage systems optional
• 9- inch liquid cooled electric motor
• Single-speed transaxle gearbox
• Curb Weight 3825 lbs
• Overall Length 196″
• Wheelbase 116.5″
• All-wheel-drive available (option available in future production models)
• Right hand drive available
At a Glance: Model S Show Car
The Model S Show Car is a drivable vehicle that exemplifies Tesla’s “no compromises” philosophy – an elegantly refined luxury sedan delivering optimal performance without sacrificing efficiency. Designed by Franz von Holzhausen, the car’s aggressive stance gives way to a modern silhouette, with minimal front and rear overhangs for maximum space efficiency. The car’s mature face defines the future of the Tesla brand and incorporates the touches from the Tesla Roadster. Environmentally friendly materials are incorporated throughout, including water-based paint for the exterior, chrome-free vegetable tanned Italian leather on interior, and 100 percent recycled PET carpeting from Futuris.
• Panoramic roof with sliding moon roof
• Retracting door handles for improved aerodynamics
• Full-time 3G connectivity with Internet, HD and satellite radio
• Push button “gear” selector
• Brembo brakes
• Automatic rear lift gate
• 21-inch wheels, Front Tires 245/35ZR21, Rear Tires 285/30ZR21
• 17-inch haptic touchscreen and customizable vehicle information display
• Fully digital instrument cluster
• LED and neon headlight and taillights, with xenon Hella low beams
• Smart-key power and push button gear selector
• Brembo brake system with new one-piece monobloc calipers and integral stiffening bridge to optimize performance
Front brake system:
• Brembo Gran Turismo
• Brembo 6-piston Monobloc Calipers
• Brembo 405x34mm 2-Piece Floating Slotted Discs with Billet Aluminum Hats
Rear brake system:
• Brembo Gran Turismo
• Brembo 4-piston Monobloc Calipers
• Brembo 380x28mm 2-Piece Slotted Discs with Billet Aluminum Hats