2019 Tesla Model 3 Long Range on 2040-cars

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Is Tesla quietly sitting on 3,000 cars?

Tesla's 2014 third quarter financial report mixed some positive news with gloomy messages. On one hand, the electric carmaker posted its best quarter ever in terms of deliveries, including its best single day with 907 EVs delivered. The company also announced expanded production to get even more vehicles out the door by the end of 2015. However, the Model X got delayed yet again and higher prices in Europe were mulled. Dousing the results with a bit more cold water, a Merrill Lynch investor letter claims there's more to be pessimistic about the business than meets the eye.
The Daily Kanban, quoting research meant for Merrill Lynch clients, claims that Tesla had "approximately 3K vehicles stocked in inventory or in transit" at the end of the Q3. That's a fairly large number considering that the company reports selling 7,785 units for the whole quarter. The statement is also surprising because the automaker has a reputation for keeping excess supply low, and there are allegedly waiting lists for Model S sedans. CEO Elon Musk maintains that the automaker has a problem being able to keep up with high demand, as well.
According to Daily Kanban, the letter further states, "China is proving to be more challenging for Tesla to penetrate than expected." The automaker does not break out sales by region in its Q3 financials to check this assertion, however, the company does report the recently opened store in Shenzhen is one of its top-grossing stores worldwide and that there are now 23 Supercharger locations in 10 Chinese cities.

Regulators consider adding more carmakers to Takata recall

Volkswagen's diesel emissions scandal has been getting a lot of press recently, but the Takata airbag inflator affair could be grabbing headlines again soon. According to Bloomberg, the National Highway Traffic Safety Administration is contemplating an expansion to the campaign that could add seven automakers to the 12 already affected. They are Jaguar Land Rover, Mercedes-Benz, Spartan Motors, Suzuki, Tesla, Volvo Trucks, and VW Group. To be clear, there's no recall for any of these automakers, yet. The government is simply asking for a full list of vehicles that each of them have with Takata-supplied inflators containing ammonium nitrate propellant. The agency is concerned this substance could play a roll in the ruptures. "NHTSA is considering not only whether to issue an administrative order that would coordinate the remedy programs associated with the current Takata recalls, but also whether such an order should include expansion of the current recalls," the letters say. All seven can be viewed, here. From a report supplied by Takata, the government already knows that the company supplied 887,055 inflators with ammonium-nitrate propellant to VW and 184,926 of them to Tesla. In an incident during the summer, a side airbag allegedly burst in a 2015 VW Tiguan. In early September, NHTSA put out a revised report that there were 23.4 million inflators to be replaced in 19.2 million vehicles in the US. An earlier accounting from the agency had about 34 million of the parts in 30 million cars. High humidity is still believed to be among the biggest risk factors for the ruptures. Although, if ammonium nitrate also gets the blame, some already recalled models might need to be repaired again. Related Video:

Tesla working on snake-like auto charger

When people complain about electric cars, the gripes usually focus on range anxiety and the hassle of waiting for a charge to complete. The physical act of plugging the vehicle into the charger is seldom that big of a concern. However, for the contingent of customers who find hooking up their model to be torturous, Tesla CEO Elon Musk appears to have a rather bizarre (but potentially cool) solution on the way. In back-to-back tweets (embedded below), Musk announced his company is hard at work on a new charger that would automatically emerge from the wall of your garage and hook up to a Model S to begin charging. To make the tech just the teeniest bit more impressive, he claims the bot works with all versions of the company's electric car ͖ not just new ones. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Musk broached the idea of automatically plugging a Model S into the charger during the Tesla D unveiling and said, "we will probably do something like that." He didn't explain much more at the time, though. There still aren't many hard details on the scheme, but the idea of having a robotic snake living in the garage is both somewhat nightmarish and amazingly cool. We can't wait to see this thing in action. News Source: Twitter [1], [2]Image Credit: Tesla Green Tesla Green Automakers Ownership Technology Electric Sedan EV charging