Tesla Motors Inc. (TSLA) shares surged to $520 in after hours trading after the company announced a contract to supply batteries for a new, electric vehicle from Tesla’s Model 3. Tesla said it had signed a contract with Panasonic Corp. (PCRFY) for the batteries for the Model 3, a lower-cost, smaller vehicle that is expected to begin production in 2018. The move comes as Tesla’s shares have gained 31% this year, compared with a 20% rise in the S&P 500 Index. “We expect Tesla to be the largest producer of battery packs in the world in the next decade,” Tesla CEO Elon Musk said in a statement. Tesla said it would produce the battery packs in its Fremont, California, factory, the same factory that produced the company’s Model S sedan and Model X sport utility vehicle. Tesla said it would use the batteries to power the vehicle and would use its own proprietary battery cells and systems.
Primer on Consumer Models (S,3,X,Y)
The Tesla electric vehicle (EV) Model S is currently the best selling electric vehicle in the world. It is the first electric vehicle to be certified for use on public roads in the United States. It is also the first vehicle to be certified for use in Europe. The Model S has also won several prestigious awards including the 2012 America’s Best Design award, the 2012 Motor Trend Car of the Year award and the 2012 Motor Trend Car of the Year award.
Tesla’s model 3 has been the most successful electric car with millions of pre-orders and at more than 15,000 deliveries by the end of the first week of production. Tesla’s Model S and Model X are both very similar, except for the battery size. The Model S has a range of 238 miles, while the Model X has a range of 265 miles. The Model 3 will have a range of 215 miles. The price of the Model 3 will be $35,000 once the base model hits market in late 2022.
Supercharging Real-Estate Infrastructure
If Tesla does get approval from the state of Nevada, then it will be able to sell its vehicles to the public. Tesla has already signed up with a couple of hotels in Reno and Reno-Sparks as well as a number of hotels in Las Vegas for its new Supercharger network. Tesla is currently waiting on the Nevada Motor Vehicle Commission to approve its expansion plans for its new Supercharger network. If the NMC approves the expansion, then Tesla would be able to build a network of more than 50 stations in Nevada. The Nevada DOT has not yet approved the expansion of the network, but with the approval of Tesla, the company could get its network up and running in the next few months.
On top of the new Supercharger network, Tesla is also adding a new charging station at the new Fremont factory. The new station will allow Tesla owners to charge their electric vehicles at a more convenient location and also allows Tesla to improve its electric-vehicle charging infrastructure.
Tesla’s supercharging infrastructure is a pure real estate acquisition play that has nothing to do with electric cars. Tesla is buying the right to use the vast amounts of charging stations that have already been built up and turned over to the public. It is a very expensive and time-consuming process to connect all those stations to a new electrical grid. The question that needs to be asked is what kind of return on investment is the company making?
The answer: nothing at all. In fact, the only thing the company is making is a lot of noise. The more noise they make, the more money they make. It is very easy to see why Tesla is trying to build an electric car, but it is also very easy to see why they are spending so much money on this. They are trying to create the perception that they are innovating, while they are trying to become an electric car company. If they can make a lot of noise and create a lot of buzz about electric cars, they will have done their job.
Commercial Truck Offering
Tesla’s Commercial Truck has been revealed at the Shanghai Auto Show and is set to hit the market in 2017. It will be a “mobility service” for private customers. It will be used by companies and individuals for pick-ups and drop-offs and will be able to carry over 2.5T. It is expected to be equipped with a camera system and sensors to detect when it is being driven by a human. It is powered by a quad motor electric configuration and is expected to have a range of up to 200km.
The commercial truck offering is the world’s first self-driving truck and is expected to range over 250km on its own in “one or two hours”. Tesla says that the vehicle will be able to “drive on the highway as if it was a human”. The vehicle is set to hit the market in 2020 given the current production delays and will be launched in California first. It is expected to be priced at $1.75 million.
Tesla’s commercial truck customers include Wal-Mart which has placed a pre-order of 100 trucks, and now also the US Postal Service which is eyeing Tesla’s delivery trucks. The fact that Tesla is now planning to expand into the commercial sector is another big win for the electric-car maker. The company hopes that its smaller and more affordable electric trucks will help the company reduce costs and enhance its competitive position in the market.
The Buzz, The Hype, and Elon.
Our analyst estimations is that Tesla has been so successful at making noise about electric cars that they don’t really care what happens to their stock price. They are trying to convince people that electric cars are better than gas cars. That is their main goal. They are not building an electric car company, they are trying to build an electric car company. The company is going to succeed or fail based on whether they are able to create the perception that electric cars are better than gas cars.
If they fail, the stock will go down and the company will have to be sold. If they succeed, the stock will go up and the company will have to be sold. The only way to make money is to do both, which is what is happening. The company is doing nothing but trying to convince people that electric cars are better than gas cars.
Tesla Motors was founded on the premise that electric cars are better than gas cars. They are not doing anything to disprove that notion. It’s not like Tesla is going to turn around and start building electric cars. They can’t, and they aren’t. They don’t even have the capacity to build electric cars. The idea that they have somehow developed the technology to make an electric car is a complete joke. It is laughable that a company would spend millions of dollars to buy all the charging stations that are already in the public domain and turn them over to the public. It’s ridiculous that they are even attempting to do that. The company is attempting to create the perception that it is doing something to make electric cars better when it is an incremental play.