Author: Montana Skeptic Source: Seeking Alpha Summary Elon stayed up late writing that drek? OK, with that out of the way, let’s look for a few clues in the upcoming Q2 reporting. First, loss per car. But not the way our good friend, Anton, defines it. Next, let’s see whether Tesla is keeping its capital expenditure […]
Read more "What To Expect When You’re Expecting (Record Tesla Losses)"Elon Musk’s second “master plan” for Tesla Motors arrived much like one of the electric automaker’s cars: brilliant and inspiring, but late and rough around the edges. And like Tesla’s desirable yet quality-challenged cars, Musk’s vision is sure to be embraced and evangelized by anyone who was already convinced that Tesla is destined to dominate the car […]
Read more "Tesla’s ‘Master Plan’ Is All Promise, No Product"There is consensus in the news and tech industries about one thing: Why does Elon Musk keep on touting the autopilot feature when it is far from being true autopilot? Meanwhile Elon Musk plans to continue his autopilot program. Why? Some say to use consumers as a base to test their products. Others say it […]
Read more "News & Sources: Why we shouldn’t Trust Elon Musk’s Autopilot"The autonomous program isn’t meant for most types of driving, and the automaker compares its new luxury vehicles to older, cheaper cars. After years of hype about its autonomous driving system, the facts are coming out about how safe Tesla and Autopilot really are. Elon Musk’s company admits three of its vehicles have crashed while […]
Read more "How Tesla and Elon Musk Exaggeraged Safety Claims About Autopilot and Cars"Tesla Motors Inc. quietly discontinued its resale value guarantee program as of July 1, the electric-car maker confirmed Wednesday. The program was “discontinued…so we can keep interest rates as low as possible” and offer “compelling” lease and loan programs to customers, a Tesla spokeswoman said. The program was available to those who financed their Model […]
Read more "Tesla quietly kills guarantee of Model S resale value"Tesla is reportedly being investigated by the Securities and Exchange Commission (SEC) over a potential securities law breach regarding the disclosure of the fatal Model S crash in Florida while the driver was using the Autopilot. The investigation is believed to be aiming to determine if the news of the fatal crash was a material information […]
Read more "Tesla (TSLA) SEC investigation: what could happen if there’s a securities law violation"Tesla (TSLA) ended its resale value guarantee program as of July 1. NEW YORK (TheStreet) — Tesla Motors (TSLA) said it discontinued its resale value guarantee program that assured buyers cars would retain value over time, Reutersreports. Additionally, the Palo Alto, CA-based electric car maker lowered the starting price of its Model X crossover, which marks […]
Read more "Tesla (TSLA) Ends Car Buyback Program, Stock Falls"