#1 cleantech news, reviews, & analysis site in the world. Subscribe today. The future is now.

About Maarten Vinkhuyzen

Maarten Vinkhuyzen Grumpy old man. The best thing I did with my life was raising two kids. Only finished primary education, but when you don’t go to school, you have lots of time to read. I switched from accounting to software development and ended my career as system integrator and architect. My 2007 boss got two electric Lotus Elise cars to show policymakers the future direction of energy and transportation. And I have been looking to replace my diesel cars with electric vehicles ever since.

Author Archives: Maarten Vinkhuyzen

Splitting Tesla, Transitioning Shares, Updating The Board — #TeslaPrivate Possibilities

August 14th, 2018 | by Maarten Vinkhuyzen

Today's blog post from Tesla CEO & Chairman Elon Musk confirmed my WAG about the cost of going private. It is somewhere between $0 and $24 billion. For both amounts, Elon can get the funding secured. But for the amount of $???, it is a bit harder. Investors want to know how much they are going to invest, and how much influence they are going to get for that amount

Model 3 Is Tesla’s “Get Out Of Jail Free” Card — #TeslaPrivate

August 13th, 2018 | by Maarten Vinkhuyzen

For 15 years, Tesla has been prisoner of The Secret Tesla Master Plan. It called for the development of a number of products and the acceleration of the world's transition to renewable energy. To achieve those goals, Tesla was forced to travel from milestone to milestone, with a pause to recuperate and then get back to the maximum speed its financial resources would allow

Elon Musk Should NOT Recuse Himself — #TeslaPrivate

August 13th, 2018 | by Maarten Vinkhuyzen

While this article waited for the editor to come along and publish it, the world changed. Elon published on August 13, 2018, a new blog post explaining his actions on and before the 7th of August, when he tweeted about taking Tesla private at $420 and sent a letter to Tesla's employees. I leave the original article as written, and add an addendum with the consequences of these new revelations

A Tesla Financial Model & Shareholder Letter Walkthrough

August 9th, 2018 | by Maarten Vinkhuyzen

Last Wednesday, August 1, 2018, we got a ton of fresh information in the Tesla shareholder letter and conference call. The prediction of our financial model of the Tesla results, "Vijay’s SimTesla Game," was right within a few million, after correcting for the ignored restructuring costs. That's not because we got everything right, but because the mistakes cancelled each other out

Tesla Needs New Models & Trims

May 30th, 2018 | by Maarten Vinkhuyzen

When driving past Amsterdam this morning, it occurred to me that all Tesla cars look the same. That is not good for an exclusive brand that aspires to sell hundreds of thousands of their cars

Spoiler: Business Insider Is An Outsider — #Pravduh

May 27th, 2018 | by Maarten Vinkhuyzen

Business Insider decided to join the chorus of Tesla-bashing media. It did give the job to an excellent writer who had no idea what he was writing about, so it might have convinced others he was right who didn't quite know what they were reading about. We can’t all be experts, but a real "insider" would not write this misinformed and misleading piece

Tesla Airlifts Robots To Save Money, Jumping Last Hurdle To 6,000 Model 3’s A Week — #Pravduh

May 26th, 2018 | by Maarten Vinkhuyzen

Elon Musk confirmed on Twitter last night that 6 planeloads of equipment that Tesla just flew from Germany to California are indeed robots from Grohmann. Don't envision Westworld-like robots occupying all the seats in a jumbo jet, enjoying the latest movie. These are automated assembly systems for the Gigafactory to solve the last problems with battery module assembly. For over half a year, it is known that the biggest hurdle to ramping the Model 3 production is unexpected limitations of the battery assembly line

Stop The Presses! Tesla Stopped Producing The Model 3!!

May 25th, 2018 | by Maarten Vinkhuyzen

Did you fall for this clickbait headline? You are not alone. Even the serious Dutch press thought it worthy to write about a car factory in California which performs normal scheduled upgrades/improvements on their production line while it is in development. When the local village paper in Fremont, California, mentions it because of the extra visitors to the shopping mall, that is understandable. But what crazy world do we live in that this is worldwide news? This has happened a number of times, by the way

Tesla Cash Burn or Bonfire of the Analysts? — Tesla Bankwuptcy Explained, Part 3

May 17th, 2018 | by Maarten Vinkhuyzen

How did Tesla get into this hopeless situation? The short answer: “It did not.” The long answer is in 3 articles. The first one examined the problems 450,000 Tesla Model 3 reservations created. The second one gave a long look at the profitability of Tesla products. This third one finishes with the media madness about “Tesla Cash Burn.”

Tesla Model 3 — Cash Cow When Tesla Needs It Most

April 3rd, 2018 | by Maarten Vinkhuyzen

As Liza Minnelli sung in Cabaret: "Money, Money, Money makes the world go around." Tesla needs cash, lots of cash. There are many panicky stories of the cash squeeze Tesla is going to experience. Those stories are not only appearing on Seeking Alpha, even Moody's is starting to believe and repeat them. That is a serious situation because the Moody's investors service is supposed to know what it's talking about. They are essentially saying: "We see risks, we see opportunities, but we don't know whether there is solid ground in the near future. This uncertainty forces us to downgrade Tesla until we know more about the financial results and expectations."

Tesla Model 3 Competitive Advantage — Costs ~$10,000 Less To Make Than Chevy Bolt

April 2nd, 2018 | by Maarten Vinkhuyzen

Tesla is doomed, doomed I tell you. When the real carmakers with their century of experience start making electric cars, it is over for Tesla. Ford, VW, and Toyota are so much better. Etc., etc. ……… . How often have we heard comments like this? In a couple of previous articles, I compared the ramp of the Tesla Model 3 to the ramp of the Chevy Bolt. Tesla is clearly as good as or better than GM in bringing electric cars to production

Back to Top ↑