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Tesla prepping Supercharger network for big growth across Europe

It'd be a nice life to be able to tour across Europe in a Tesla Model S. And that's something the California-based electric-vehicle maker is looking to enable by the end of the year. We're ready. Who's got the key fob? Tesla opened three Supercharger stations in Germany on Thursday and is aiming to string enough together to let drivers roam across the continent purely by Supercharger power by the end of 2014, Bloomberg News says. The company now has 23 Superchargers in Europe, including nine in Germany and six in Norway. Those high-powered stations can half-charge a Model S in about 20 minutes. Tesla has 97 Superchargers in North America. Tesla's most recent Supercharger deployments across the Pond merely reinforces Tesla chief Elon Musk's pledges earlier this year to ensure that all European Tesla owners would be within reach of a Supercharger by year-end, Tesla spokeswoman Liz Jarvis-Shean wrote in an e-mail to AutoblogGreen. Musk said in March that Tesla drivers would be "able to travel almost anywhere in Europe using only Superchargers" by the end of 2014. Earlier this month, Tesla started deliveries of right-hand-drive Model S sedans in the UK. Additionally, Musk estimated that the company would open a factory in Europe once annual sales on the continent reached 160,000 units. By all accounts, that's likely to be a long way off. Earlier this year, Tesla dropped the price of the Model S in Europe, though the company said that move was due to the strengthening Euro and not because of any demand issues.

Recharge Wrap-up: QR code hints at Tesla Supercharger in Mexico, Lyft tests scheduling

A QR code in a parking garage hints at an upcoming Tesla Supercharger in Mexico. The mysterious QR code directs to a tweet from Elon Musk where he affirms that Tesla will expand its charging network into Mexico "this year." The folks at Teslarati reached out to the automaker, and a spokesperson responded by saying, "Yes, we can confirm that we are planning on having our first Supercharger in Mexico in Cuernavaca City." That's about 50 miles south of Mexico City, where the country's lone Tesla store is located. Read more at Teslarati. Lyft is testing out a ride scheduling system for its ride-hailing service in San Francisco. When requesting a ride, users can select a pickup time up to 24 hours out, ensuring they'll be able to get where they need to go. Users can cancel or change the time up to 30 minutes before their scheduled ride. Lyft says it plans to expand the scheduling service to more users this summer. Read more from Lyft, or at Green Car Congress. Renault is partnering with other automakers and charging operators as part of the EU's Fast-E charging project. Fast-E seeks to install fast-charging infrastructure for electric vehicles along Germany and Belgium's main motorways, financed by the EU and nine companies, including Renault, BMW, Volkswagen and Nissan. The 278 charging stations will be installed every 50 miles along the major roadways by the end of the year, at a cost of about $20 million. A sister project in the Czech Republic and Slovakia plans to add another 30 charging stations in those countries. Read more in the press release below. Renault is a partner of the European fast-charging project Fast-E in Germany • Official launch of Fast-E project co-financed by the European Union and nine companies, including Renault, in Berlin and Brussels. • 241 charging stations installed in Germany and 37 in Belgium by the end of 2016. • A sister project between the Czech Republic and Slovakia adds another 30 charging stations. The 278 charging points set up every 80 km along Germany and Belgium's main motorways, will allow drivers of electric vehicles to "refuel" and extend their car's range. The total investment of the EU-funded cooperation is approximately ˆ18 million. Every one of the multi-standard fast-chargers spread out over four countries have AC and DC connections, allowing drivers to charge their vehicles' batteries easily and quickly. Electric vehicles can be charge up to 80% on the charging stations within an hour.

Tesla: Earnings still down, but rate of Model S production way up

According to its Third Quarter 2012 Shareholder Letter, Tesla "is now at over 200 cars per week or 10,000 cars per year, which is at the critical threshold needed for Tesla to generate positive operating cash flow."
That's an important milestone to be sure, but the news is actually even better; Tesla expects to ramp Model S production up to 400 cars per week (20,000 units/year) by December of 2012, and says it will deliver 2,500 to 3,000 units in the fourth quarter of 2012. That's lower than the previous target of 5,000 in 2012, but it's more an issue of delayed achievement rather than missing the mark altogether.
All of that production bodes well for the future, but as of today, the automaker has yet to earn real money. Revenue for the third quarter of 2012 was $50 million, equating to a net loss of about $110 million after expenses were tallied. The stock market likes the numbers, with TSLA shares rising 8.9 percent on Monday after the report was released.