How Leasing Impacts Tesla's Financials

The Trefis Team at Forbes has a great piece on Tesla’s fast-growing leasing business: While the higher mix of leases is impacting Tesla’s Revenue Growth, it is accretive to the company’s Gross Margins. Below, we take a look at how Tesla’s Leasing business is faring and how it impacts the company’s financials. Forbes Oh, I’ve […]

Will Model Y Cannibalize Model 3? I hope so!

With more and more sightings of the Model Y in the wild, it’s looking increasingly likely that the first deliveries of Tesla’s latest vehicle will take place ahead of an already accelerated schedule. What will Wall Street analysts (previously concerned that there was “no demand” for what turned out to be the best selling EV […]

BREAKING: Tesla will Deliver First China-built Model 3 on Monday

We’ve got breaking news out of Bloomberg bright and early Friday morning: Tesla Inc. will start delivering China-built cars on Monday, a major milestone for Elon Musk’s company as it mounts a push to expand in the world’s largest electric-vehicle market. The first 15 units of Model 3 sedans assembled at Tesla’s new multi-billion-dollar Shanghai plant […]

Steve's Guide to Supercharging

Ah, the Supercharger network: the single biggest reason why a Tesla is the only EV that can truly replace a gas car. While fossil fuel gas stations are ubiquitous and easy to use, the situation with most public electric charging stations is a nightmare: Charging your EV on the go doesn’t have to be this […]

Tesla Patents Million Mile Battery Electrolyte

We’ve known for some time that Tesla is working on a million mile battery. But with a newly revealed patent filing from Tesla, we’re now getting more details on how exactly Tesla will pull this off: Tesla submitted the patent for “Dioxazolones and Nitrile Sulfites as Electrolyte Additives for Lithium-Ion Batteries” in August 2018. The […]

Tesla Secures $1.4 Billion Loan from Chinese Banks for GF3

A group of Chinese banks has agreed to extend a 10 billion yuan five-year loan facility to Tesla, to support Gigafactory Shanghai: U.S. electric vehicle maker Tesla Inc (TSLA.O) and a group of China banks have agreed a new 10 billion yuan ($1.4 billion), five-year loan facility for the automaker’s Shanghai car plant, three sources […]