Denmark Loves Tesla Model S

Denmark has observed record sales of Model S in December

Tesla Motors Inc. has achieved another major milestone where the company has reported to be the main grossing auto maker in the European region for December, 2015. As per the regional media platform, EnergiWatch.dk, in the month of December, the company was successful in selling 1,248 units of its luxury Model S sedan in Denmark. Since the company is not that popular in the European market, this has undoubtedly turned out to be a Danish record.

This is said to be the first time in the history of automotive in the European market that an electric car has succeeded in banging the position of the best-selling passenger car. The sales governed in December were far more than the sales the company bagged in November by more than one and a half time. Tesla was successful in beating the record in November but in December it again superseded its own record which shows that the car is extremely popular.

Apart from that, the Tesla Model S also succeeded in dwarfing the sales of automobiles with diesel and petrol engine both. This was never done prior to this in the history of Denmark.

The second spot was lured by the French auto maker; Peugeot’s where Peugeot 206 was the second popular car. The company sold almost 903 vehicles last month. As per the Danish Car Importers Association, a total of 1573 units of electric cars were sold accumulatively back in December which is a record on its own. This is more than all the electric cars sold in 12 month back in 2014.Back in 2014, Demark was successful in selling under 4,327 electric cars during the period.

As per the news source, “Model S’ high performance can be attributed to the political agreement reached by majority in parliament during last October to phase out tax exemption for electric vehicles. The tax exemption was scheduled to end by the end of 2015, which would now make a Tesla car relatively more expensive.” This might be the reason why the sales of Tesla have risen substantially over the past month. However, this is a speculation and no evidence has been obtained regarding the reason behind the price hike as of yet.

Over the past four trimesters, the company has also recorded a substantial 75% increase in terms of Model S deliveries. The company was successful in delivering 17,193 Model S units in total along with 208 units of the Model X car.

Tesla Model S Burnout Makes Buyers Skeptical

Tesla Model S reduced to ashes while being charged

As per the recent news, Tesla Motors Inc.’s Model S reduced to ashes whilst charging at a Supercharger station situated in Kristiansand, Norway. According to the news, the owner of the car was waiting inside the vehicle to be charged; meanwhile he got off board to visit a nearby store for a few minutes. On his return he found the car was on fire.

Since the passenger was off, no casualties were reported in the accident. On the other hand, a police officer was present at site and registered his comments to the VG News stating, “We came out with the fire brigade and police, but it turned out that this car was burned out when the emergency services arrived at the scene.”

It is not easy to extinguish a fire of this nature since the fire fighters need to make use of particular foam that can diminish the burning of the lithium-ion batteries. The chemicals present in the battery can become toxic if they are mixed with water. Thus, special precautionary measures need to be taken in such situations.

The electric car giant told Jalopnik, an automotive news online platform, that the company will not leave this matter unheard and will conduct a complete investigation. Moreover, the findings of the investigation will then be shared with the masses.

This incident has created a havoc in the mind of Tesla owners who are now scared of driving their cars. The man luckily got off the car; otherwise his like could have also been at stake due to the mishap. Moreover, another thing has come to the knowledge of consumers that these electric cars can burn to ashes and the fire fighters cannot really do much to prevent or stop it from happening.

The Model S is the company’s extremely prominent asset that has churned in substantial sales for the company. However, the image of the company is at stake since nobody would want to invest a hefty amount in a car that is unsafe. The competition is quite tough in the market and a little dent to the image can result in a chaotic future. The Tesla stocks were also affected since a dip was observed after the news surfaced amongst the masses. The company needs to carry out an investigation at the earliest and come up with a compensation for the victim to prove that it takes such incidents quite seriously.

Tesla Breathes In New Life In Incentive Program

Tesla offering innovative incentives to Tesla owners through Referral Program.

Tesla Motors Inc, the electric vehicle manufacturer has taken its referral program to a whole new dimension as the company has made up its mind to reposition its incentive program for all those who own their Model X, Model S and Roadster. Since the decision has been made, there have been disputes in a few states but overall the results are positive. Tesla Motors official website initially depicted that the referral program by the firm ill end on October 31 but it now says that the offer is extended till the end of 2015. Despite the basic $1,000 benefit has now been removed for the electric car owners but there are other interesting discounts for the Tesla lovers. All those TSLA owners who will make the most referrals in the Asia Pacific, North America and Europe will now be entitled to Model S P90D. Along with that, these people will get the exclusive VIP passes for the launch od Model 3 that will include traveling and accommodation expense. Apart from that, fanatics, who make ten referrals in the regions highlighted, will be entitled to getting Powerwall with Installation – the Tesla battery for domestic use. All those who give more than 10 referrals will directly qualify to win the invitation for the Model 3 event. They will also get the same benefits like mentioned earlier but the only difference will be that accommodation and travel allowance won’t be included. Moreover, those who make the last five referral will get invites to the launch of the company’s Gigafactory. All these incentives will be offered to the car owners once the referrals they’ve made to accept the car’s delivery. The incentive for buyers through referrals is that they get a $1000 discount on the purchase. The company has taken a very smart decision that will certainly engage the Tesla car owners. Word of mouth is a great way to market any product and if people are incentivized for this type of marketing then what can be better for them. Moreover, the incentive the company is offering is actually very attractive. Just imagine who wouldn’t want to attend the launch of the much hyped Model 3. The event will be a top notch event along with all the facilities free of cost. So if you own a Tesla car then try your best to lure people and then wait to experience the magic. Tesla stock closed at $225.33 on Monday.

How Tesla Model X Will Churn Sales

Tesla needs to increase production of Model X to sustain demand.


Tesla Motors Inc. launch of Model X is getting mixed verdicts from various analysts covering the automotive sector. The auto industry is extremely positive about the car due to its high power and gull wing doors. Investors on the other hand are skeptical since their concern is whether the company can churn in high volumes. Almost 25,000 vehicles of Tesla Motors have been registered are not capable of reach their owners till the latter half of this year which shows that the company has low production related capabilities. This lag was expected by the automotive giant though the company has embraced several delays which have taken more than a year to ensure the successful electric crossover At the same time where many buyers who were saving around $100,000 to purchase Model S since now they cannot wait for an unidentified period since they cannot really wait for another year just to get hands on Model X. so now they are considering to purchase the TSLA sedan that will be available in almost two months. Brad Erickson, who is the analyst at Pacific Crest shared his view where he claimed that the time for the launch of Model S remains unchanged after the launch of Model X. the numbers for Model S production is likely to rise during the fourth trimestral. As per the analyst, the production of Model S can increase by 22% over the coming quarter if they deliver 2,500 Model X electric cars. So if the company wanted to meet its yearly sales target then they will need to sell 17,000 more car units during the fourth quarter. Although numerous analysts have to date been giving positive verdicts on the Model X there are still many who believe that the car is extremely overpriced. The automotive giant has claimed that the price of the Model X is likely to be in between $132,000 and $143,000 along with several extra features. So Model X that has the same features as Model S can be bought for almost $5000 more than Model S pricing. Morgan Stanley analyst Adam Jonas claims that having such prices is likely to make the car expense along with raising the Average Transaction Price (ATP) of Tesla cars. So if the prices of Model X is increased and the production still remains so low then the demand for Model X will hamper and Model S will increase as per estimations.

Here's what Tesla Engineers has planned for the future

Here's what Tesla has planned for the future.


Tesla Motors Inc. has recently unveiled the Model X which is a premium priced car. The vehicle was appreciated by consumers and critics for having a beautiful design along with top notch engineering. However, the price has yet to be a controversial subject. So now the company is targeting the “mass market Model 3 vehicle”. This new electric car is likely to be a game changer since it is likely to overcome the present losses so that it ultimately paves its way to churn profits. Initially it was stated that the launch of Model 3 will actually take the company to the last phase of its development life cycle. JB Straubel, chief technology officer at Tesla mentioned in a statement that the company’s employees are not critically monitoring Model X or Model S electric car at least these days. The reason behind streamlining its focus was to deploy all expertise on Model 3. At this point, it is early to say whether all the Tesla employees are concerned about Model 3 or it is getting the special attention of the development team. TSLS has undoubtedly succeeded in capturing a fair share in the electric car industry. However, the issue they are facing has either not still experienced high sales. The reason behind this is its skyrocketing prices. Model 3 is likely to get a price tag of $35,000 which in comparison is budget friendly. The company at this point is also working towards developing its Gigafactory that will have a huge assembly line that will have the power of producing almost half million vehicles per annum. By early 2016, the factory will initiate the production process. As of now, the company is producing almost 10 percent less than their annual estimation which is about 500,000. The targets for this year to produce 50,000-55,000 cars will be achieved due to slow production although the company has tried its best to increase the trend of EV cars. Apart from that it is also stated that Tesla Motors has also established a new paint shop that can accommodate 500,000 cars per annum in order to ensure smooth production. If the arrival is delayed by the Model 3 then the fixed cost will increase acting as a barrier in terms of profitability. Moreover, the company is also making various network charging stations across the globe that will cater to the increase in the demand for Model 3 by consumers.

Tesla Motors Inc New Over The Air Feature To Attract Potential Investors

The auto making giant is rolling out the new OS named Tesla 7.0 in all of its vehicles within a period of five days only which is being taken as a great step towards a stock upgrade in the near future.

Tesla Motors was seen to roll out the new Model X car a couple of weeks back, which was given by the audience with mixed emotions. The auto making giant has managed to come up with some ideas to update the software of its cars which has not only surprised and excited the analysts covering the stock of the giant but also the investors in the company, who had previously been turning a little bearish towards the negative comments going around in the market lately. The new Tesla 7.0 is the newly released updated OS which has been launched by the auto giant, which is attracting quite a lot of attention towards it from all around the industry and that too, for all the right reasons. The new autopilot system that has been released for Tesla cars is being considered as a feature that changes a lot for the giant in the upcoming days. Analysts are seen talking about how the giant is capable of bringing a change to the driving experience of the customers by a huge difference, which is also going to make things easier for the investors to know how much of a great option the company’s stock are to invest in. Out of all the updates that have been rolled out by Tesla business, the most interesting and captivating one is hands down the over the air update which has been drawn to the technology installed in the cars. The autopilot option that has been launched in the new cars is another interesting feature to be considered as it will allow the cars to be guided with particular instructions to go about the way the customer want it to, and will also be able to keep a check on the speed of the electric vehicle. However, Elon Musk, the CEO of the electric car making company, has repeatedly informed the industry about how the autopilot option does not mean that the car is an autonomous one and has informed everyone that this could just be taken as a testing version of the technology that the giant wishes to work with. On a more important side, the analysts believe that the major upgrade that Tesla stock is capable of receiving is because of how fast the new operating system is going to be launched in all of its previously launched models, namely Model S and Model X cars. These vehicles will be upgraded with the new OS in only about five days which is being considered as a major pull the giant’s stock might take in the near future.

Tesla To Launch its Over the Tair, Version 7 software upgrade for its cars.

Tesla is all geared up to launch Version 7 software upgrade for its cars.

Tesla Motors Inc. is all set to win the heart of investors by coming up with a software upgrade. The firm has announced that they are all set to launch its Over the Tair, Version 7 software upgrade this week. The software update will cater to self-steering option. The message was posted by Mr. Elon Musk, the chief executive officer of the company on social media platform Twitter/ this feature will be unveiled all over the globe on the coming Thursday. Mr. Elon Musk had announced earlier that the latest feature will not allow the car to steer on its own completely while on the roads but will helps drivers whilst driving on wider motorway roads. The company electric carshave now been equipped with 17 inches dashboard screens which are the largest in the automotive sector. The dashboard is also likely to feature an upgrade soon. Moreover, parallel parking will also be supported by the recent upgrade. The auto pilot features are not as advanced as many customers expected thus the automotive giant still needs some more time to come up with advanced features. So soon we might also see users getting out of Tesla cars where the vehicles park on its own. As reported by Mr. Elon Musk, the features of this nature are expected to be launched later when the version 7.1 is released. So far the launch date of version 7.1 has not been released. It is also speculated that the upcoming upgrade will allow the cars to reach the destination by merely calling them. Model X and all Model S will support the auto-steering functionality. The advanced sensory systems are also supported in these vehicles where 12 sensors are installed in the bottom along with a front camera. Also, another sensor will be responsible to gauge the speed of other cars closer to the vehicle. The company at this point of time is modifying its sensory technology so that they can support various autonomous features in the times to come. This is relatively different from Google who is currently only concerned about manufacturing full autonomous cars. The Version 7 update was announced earlier in March 2015 when the automotive company was launching Version 6.0 software that was targeting the range anxiety related issues. The idea was to penetrate electric cars among other car users since battery charging made consumers skeptical. Hence the new upgrade is expected to get traction to the company and will also create anticipation for the future.

How Can Tesla Make Model X Deliveries A Success?

The auto making giant has emerged to be a little uncertain talking about making successful deliveries of its SUVs shaking up confidence of the investors.

Tesla Motors has given out huge numbers for the delivery of its electric cars on a number of platforms which has made analysts in the market rather confused about what to actually expect from the giant. The auto making giant is expected to be selling the model S version of its cars in a huge number for sure, but the analysts have raised questions as to how many of the new SUV will the giant manage to sell by the time its reporting time for the fourth quarter. The analysts in the market who have been analyzing the way things have been going on within the auto making company are of the opinion that the fact that even Elon Musk, the CEO of the firm, failed to give out a clear guidance for the sales of the Model X car for the fourth fiscal quarter did not make things any better for the investors. The fourth quarter of the year initiated right after the major launch event was held and things might also turn out to be a little shaky as to where the sales of the new car is concerned. Following a press conference in which Musk was questioned about what he thought could make him reach out to the over the top bullish sales figures he has expressed to achieve over the past few months, analysts thought that even he looked uncertain about a lot of things. The hybrid car makers have also suggested that the fact that there are expected to have some ups and downs even in the production is what is making the CEO so uncertain in the first place, and if that works out for him then the auto company could actually end up attaining the sales numbers it believes it could obtain in the next five years. Musk also suggested that most of the time the reason any company fails to achieve its sales target is generally because of the way its supplier lags behind in supply the car or other products in time, which is the only delay that can be expected from the electric vehicle producers in the long run as well. Analysts, on the other hand, believe that the fact that the firm has shown uncertainty regarding its quarterly deliveries shows that the firm could actually end up not achieving its exponential targets that it had previously set to make sure there are a massive number of EVs on the road before the end of 2020.

Tesla Motors Persuades Panasonic To Lay-Off 1300 Employees

Tesla Motors and Elon Musk played a part in mass downsizing of Panasonic in China.

Since Tesla Motors Inc. launched its first Model S in 2012, it has witnessed incredible growth in the world, but sometimes, its work has not always delivered positive impacts into the lives of customers. Recently, 1,300 workers were laid off from their respective jobs, which were citizens of Beijing, China, while Elon Musk’s company persuades Panasonic to follow the money in Li-ion tech.

On Thursday, the Japanese battery-maker acknowledges that it will stop making power cell at the factory this month because it actually wants to focus with higher margins on Li-ion products, just like the cells found in Tesla Model S and other EVs. It manufactures cells for digital cameras and feature phones, but its demand it gradually declining.

Nobody has the idea about the battery business or plant losing money for Panasonic. According to the statement on the by Yayoi Watanabe, “The global market for these products has been shrinking.” This indicates that it might want to shift the focus from that type of production.

The company was quick to contend that the termination was not due to the current economic crisis in China. The act had many things to with way in which the international battery business is progressing.

This not the first time that smart car maker and Elon Musk played their roll in firing someone and it is also expected that they will keep playing that role in future too. Panasonic’s operations in Beijing could not keep up with the pace anymore. If people, such as Elon Musk, will not change their approach, many people will be jobless in the upcoming years and it is very difficult for any other company to appoint hundreds of people at once.

The Gigafactory will be the biggest battery producer in the world, as it will catch up with the business from all the plants around the world and will supply products, such as home energy storage.

As the world is changing and evolving constantly, current technologies and many jobs are going to be rendered useless. This is the reason that is killing the job opportunities, and it is expected that there would be a chance of more unemployment in the future. The only solution to overcome this situation is a negative income tax.

Job opportunities in any economy rely on the employment in private and public sector. Corporate giants provide such jobs to people, which might have a negative impact upon individual and economy followed by such mass firing/downsizing.

Toyota's Mirai Now Gives Excellent Driving Range

Toyota's latest car meets what Tesla provides to its customers.

Toyota Motor Corporation is the giant in the automotive industry. The company is still one of the most dominant forces in the sector and has also leaded the market for a very long time. There was an ongoing battle between Toyota and Tesla where Tesla was providing a more better mile range than Toyota. The executives of the company previously explained that the time of electric battery cars is almost over and they cannot survive in the real world. As for the hydrogen-fueled vehicles are concerned, the future is dependent on them.

The company’s latest launch, Toyota Mirai, has surpassed the agreements after it announced that its car can give a 312 miles of driving range on a single hydrogen tank. These agreements have been surpassed in California. According to sources, it is quite convincing that Toyota Mirai can now be driven 312 miles on a single hydrogen tank. Stock Transcript reports “It is a convincing figure that an EPA-estimated 67 miles each gallon equal to that which drives the series of the Toyota Mirai past every other zero-emissions car on the market, counting the all-electric Tesla Model S P85 D.”

Regardless of its exceptional new driving range, the latest car possibly encounters a ‘crippling’ setup challenge. The Energy department revealed that only 12 hydrogen fuel stations are open to public in the whole United States and this might create problems for the car owners. Furthermore, 10 out of those 12 are based in California only. Hence, this could be the only reason as to why Toyota has sweeten the deal for possible buyers to 1.97 percent.

The company has vowed that the Toyota Mirai owners will receive free fuel for three years or fuel worth of $15,000. But this does not meet or come close to what Tesla Motors provide to its customers. The owners of Tesla’s cars will be provided with free fuel for life from more than 425 supercharger stations installed throughout the world. Furthermore, in order to do long distance travelling, there are more than 9,937 electric charging stations in the US and 2,200 only in California.

According to the Toyota's website, “Toyota has plans to create 46 hydrogen fueling stations in California. This demonstrates that the initial purchaser of Toyota Mirai will possibly fit the classic early-adopter frame. In other words, this is not a vehicle for a timid technophobe. Toyota has taken a lot of flack for its goals of the hydrogen car.”

Tesla Motors's Liquid-Cooled Charger Cable Means Quicker Charge Time

Tesla Motor introduces its latest innovation, liquid-cooled Supercharger cables.

Tesla Motor Inc’s new liquid-cooled Supercharger cables are reported to result in quick charge time. Tesla CEO Elon Musk announced in the latest annual shareholder’s meeting, held on June 9, that the company has "just introduced" the new charging cables in a bid to cut back on EV charge time, reports Greencarreports..

Mr. Musk, the CEO of electric vehicles manufacturing company said that the latest, thinner, and more flexible charging cable "have the potential for the increased power of the Supercharger long term." It is widely believed that the innovative technology will help reducing energy lost by way of heat; the cooling mechanism will result in a lighting fast-charge time, saving the driver’s time; increasing convenience.

Although according to recent Tesla Motors reports, Mr. Musk refrained from providing more details as to how many liquid-cooled charger cables will be installed or by when will the installation process be completed, but reports claim that the first such charger cable has been installed at the Supercharger station close to the Model S maker’s headquarters in Palo Alto, California.

The latest liquid-cooled charging cables coupled with Tesla’s increased number of supercharging stations in the country will prove to be a bonus selling point for the company to market its EVs even more. The move is likely to turn into Tesla’s favor as the company is all set for a Model X, Tesla’s crossover offering in the next few months, greater convenience in charging the EV help the company to attract more consumers.

Despite the company’s effort in streamlining its EVs into the industry, some analyst still argue if the high-speed superchargers will ever be able to fully compete with a quick gasoline fill up, which offers a much greater milage figure as well coupled with a massive network of gas stations around the country.

In other news, the EV maker was reported to be in line in achieving its goal of introducing its mass-market Model 3 in 2017. However, the recent development in the news is that the chief technical officer, Jeffrey B. Straubel, stated that the entry level EV will be available in two variants, sedan, and crossover, as well in a bid to capture a wider audience.