2021 Tesla Model S Plaid Sedan 4d on 2040-cars

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Here's how buying a Tesla Model S works in China

When it comes to selling and delivering the California-made Tesla electric vehicles in China, we know there's a bit of a time difference. And that difference may be more a matter of months than hours as the California-based electric vehicle maker prepares to start sales in the world's most populous country, Forbes says. Not that it makes Tesla any less confident about its prospects there. Tesla's first showroom in China opened in Beijing in early November and a service center popped up about 13 miles away from there. The company is asking for an upfront $2,400 deposit on its Model S sedans and another $19,500 deposit after customization is complete. Foggier, though is the estimated delivery time, which for vehicles ordered this month can range from July to October, depending on who's doing the estimating, according to Forbes. Tesla representatives didn't respond to our request for clarification but you can get more details in Forbes. Still, Tesla executives have said they expect for China to account for about a third of global sales this year and as much as half in 2015, which could mean about 25,000 vehicles purchased in the country. All this despite the fact that Tesla, like other automakers, has upped the price of its cars for China compared to the levels in other countries. Tesla in January set a base price for the 85-kilowatt-hour Model S of more than $120,000 (depending on the exchange rate) in China. The company says that the price could have been higher, but it wanted to set a fair price.

Tesla autopilot could offer 90 percent autonomous driving next year

Those Tesla Model S electric vehicles look good, but anyone worried about computers taking over our roads may want to steer clear of them starting next year. That's because 2015 may be when such vehicles will have autonomous-driving capabilities, according to an interview Tesla Chief Elon Musk conducted with CNN Money. Never one to shy away from bold statements, Musk says his vehicles will be "90-percent capable of autopilot" by next year. The combination of the cars' cameras, sensors and other tools that have made Silicon Valley the tech capital of the US will allow the vehicles to fully function most of the time without the aid of us silly humans. Tesla may also announce a feature that will keep the vehicle in its proper lane later this week, Bloomberg News says, citing a person familiar with the process. Whether most of us would rather actually refrain from driving a Model S than being fully engaged is another question altogether. The company's declining to comment beyond what was said in the CNN Money interview. Of course, automakers have been talking about autonomous driving for years, though the prevailing wisdom is that the technology won't be readily available until at least the end of the decade. Still, companies are making strides. Last month, Germany's Audi became the first automaker to receive one of California's autonomous-driving permits. Meanwhile, not too far from Tesla's headquarters, Google has been testing out its own autonomous-driving vehicle, though that one's of the hands-free, no-steering wheel, no-pedals variety.

Analyst predicts GM will buy Tesla in 2014

There's little question that Tesla has come at the automotive industry as an outsider. But will it last as an outsider for much longer? Not if you ask Yra Harris of Praxis Trading. According to USA Today, the veteran financial analyst recently predicted on CNBC that General Motors will try to buy Tesla in 2014.
It certainly wouldn't be the first time that GM acquired another automaker. It did just that when it purchased the rights to the Hummer brand from AM General in 1999 and completed its takeover of Saab the year after. But, of course, The General has since divested from both, shutting down its Pontiac and Saturn brands in the process. Daewoo and Oldsmobile are gone too, as is Geo. Chevrolet is to be withdrawn from Europe, and over the past few years, GM has sold its minority stake in Isuzu, Subaru, Suzuki and PSA Peugeot-Citroën as well.
Of course, none of these are dedicated electric carmakers like Tesla is, and the Volt may not be doing as well as Detroit had initially hoped. But does that mean it's ready to start expanding its brand portfolio again? With all due respect to Mr. Harris, somehow we doubt it - especially with Tesla currently enjoying sky-high market valuation. The company's market capitalization stands at over $18 billion - more than 100-plus times its earnings. That would make mounting a Tesla takeover a hugely risky and costly endeavor unless Wall Street tempers its stock value greatly.