2023 Tesla Model Y on 2040-cars

Auto blog

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.

GM CEO Akerson calls out Tesla, says Cadillac will compete on EVs

Cadillac will be taking on Tesla Motors, the underdog EV manufacturer that's seen heaps of critical acclaim and stock market buzz with its most recent sedan, the Model S. "If you want to compete head-to-head with Tesla, and we ultimately will, you want to do it with a Cadillac," Dan Akerson, the chairman and CEO of General Motors, told media in Washington, according to The Detroit News.
Akerson continued, telling The News, "We'll sell more Volts and lose less money on the Volts than they'll lose on the Model S." He also took time to point out that Tesla getting vehicles out to customers isn't a guarantee of success or permanence, using Fisker as an example, saying "Does anybody even remember Fisker? I mean, there were a number of them; they are all gone."
This strong talk from Akerson comes after Doug Parks, another GM exec, let slip that the Detroit-based manufacturer has an EV in the works that will cover 200 miles per charge and only cost about $30,000, a massive upgrade over similarly priced EVs that struggle to top 100 miles per charge. Until that vehicle arrives, though, GM is preparing the Cadillac ELR, a small coupe that, like the Volt with which it shares technology, uses a gas engine as a mobile generator to recharge the batteries. Akerson took aim at Tesla again, saying, "But I do think when the ELR comes out late this year, early next - it's certainly the same postal code as Tesla, but now we're going to move up. It's not going to be a mass-produced car."

Recharge Wrap-up: Tesla lane detection video, H2 station locator app

See how well Tesla's Autopilot detects lane markings on a winding road. Tesla Owner and YouTuber KmanAuto puts Autopilot under Firmware version 8.0 to the test in traffic on a curvy road with bright sunlight. The driver is comparing the system's prowess to version 7.0 on the same roads, and doesn't see much of an improvement, despite heavier reliance on radar than cameras. Still, KmanAuto notes, this is not the type of road Autopilot is designed for, but it offers a good comparison between the two versions. While it now works better in some instances, Kman also notes some "regressions." See the video above, and read more at Teslarati. The Renault Zoe EV will take part in the 2016 e-Rallye Monte Carlo. From October 12 through 16, the French automaker will enter four Zoes in the FIA-sanctioned, zero-emissions drive from Fontainebleau, France to Monaco. This marks the third year that the Zoe will compete, and allows the EV to showcase its new battery with improved driving range. Read more from Renault. Industrial gases company Air Liquide has launched an informational website about hydrogen, as well as an H2 infrastructure app. In honor of National Hydrogen and Fuel Cell Day on October 8 (which corresponds to hydrogen's atomic weight of 1.008), the company launched Let's Clear The Air to educate the public about hydrogen as an alternative fuel. Additionally, the "Hydrogen Station Finder" app, launched in collaboration with the California Fuel Cell Partnership, helps FCEV drivers navigate to stations that make up the growing hydrogen fueling infrastructure. Read more from Air Liquide. UPS will add 200 new hybrid electric delivery trucks to its fleet. Like the 125 vehicles UPS previously announced, these new trucks will use the Workhorse E-Gen chassis, and feature a lithium-ion battery pack and two-cylinder BMW range extender that provide 150 miles of range and about 26 mpg. They'll go into service in January 2017 in Arizona, Texas, Nevada, Mississippi, Alabama, Georgia, Florida, and possibly other states. Read more form UPS. Related Gallery Renault ZOE - 2015 ZENN Monte-Carlo Rally News Source: Teslarati, YouTube: KmanAuto, Renault, Air Liquide, UPS, Workhorse Green Tesla Renault Alternative Fuels Technology Autonomous Vehicles Electric Hybrid Hydrogen Cars Videos recharge wrapup