About Matt Pressman
Matt Pressman is all about Tesla. He’s a TSLA investor, pre-ordered the Model 3, and loves driving the family's Model S and Model X company cars. As co-founder of EVANNEX, a family business specializing in aftermarket Tesla accessories, he’s served as a contributor/editor of Electric Vehicle University (EVU) and the Owning Model S and Getting Ready for Model 3 books. He writes daily about Tesla and you can follow his work on the EVANNEX blog.
September 16th, 2018 | by Matt Pressman
Elon Musk's brother, Kimbal Musk, provides a unique outlook on the family ethos. Make no mistake, the Musk brothers are quite close. It turns out that Kimbal began "working with Elon to create Zip2 and PayPal. He also sits on the boards of Tesla, SpaceX and Chipotle." Most recently, Kimbal has tried his own hand in building businesses including, "The Kitchen Restaurant Group and the non-profit Big Green."
September 15th, 2018 | by Matt Pressman
National Drive Electric Week (NDEW) runs from September 8th—16th this year and serves as a nationwide celebration to heighten awareness around electric cars. There were over 300 events scheduled all across the US, Canada, and New Zealand this year. After speaking with EV owners all across the US — it's official, NDEW events are teeming with Teslas!
September 6th, 2018 | by Matt Pressman
With unparalleled fame and attention for a CEO, the spotlight is getting brighter for Tesla's Elon Musk. His decision (and subsequent reversal) to take Tesla private, has only heightened the glare. One pivotal reason Musk backed off his bid to go private was reported by the Wall Street Journal, "It might mean allowing competitors inside his tent—one of the investors his bankers had lined up was Volkswagen AG, people familiar with the matter said."
September 1st, 2018 | by Matt Pressman
Sure, charging a Tesla is cheaper than filling the gas tank of a BMW. However, that savings can vary depending on where you live. Jim Gorzelany (via Forbes) reports, "Just as the price of gasoline varies from one part of the country to another, so too does the cost of running an electric vehicle."
August 17th, 2018 | by Matt Pressman
As the saga to take Tesla private continues to play out, Elon Musk continues to befuddle so-called 'experts' on Wall Street. Both Musk and his electric car company, Tesla, don't fit neatly into their narratives. Inc.'s Geoffrey James says, "I've been working in business journalism for over 20 years and I've never seen any high tech leader who creates such a polarized reaction as Elon Musk."
August 5th, 2018 | by Matt Pressman
It's one thing for Tesla to get a strong review of its performance Model 3 in the Wall Street Journal, but what about a car magazine? It turns out that the team at Motor Trend got a chance to test drive the much-anticipated dual motor, performance (DMP) version of Tesla's newer, smaller sedan. Let's check out what some gearheads had to say
August 5th, 2018 | by Matt Pressman
In recent months, all of us who follow Tesla have noticed a dramatic increase in what Elon Musk characterized as “relentlessly negative” news, rumors, and innuendo concerning Tesla and its vehicle lineup. You’ll find damaging Tesla stories and commentary on obscure blogs and twitter feeds, across mainstream news sites and aggregators, and in national web sources and publications
August 4th, 2018 | by Matt Pressman
As the Gigafactory in Nevada continues to grow, so does Tesla's commitment to local schools. Tesla is looking to "give students more access to specialized fields of study such as Science, Technology, Engineering, and Math (STEM)," according to Teslarati. JB Straubel, Tesla's co-founder and CTO, explains, "The demand for STEM jobs in Nevada will continue to grow dramatically over the next few years."
July 31st, 2018 | by Matt Pressman
Big Oil isn't ready to cede the automotive market to companies like Tesla. After all, vehicle electrification poses a potential threat to their business. Just how serious is that threat? Wood Mackenzie, one of the world’s most influential oil consultancies, forecasts (via Financial Times) that oil demand will peak within 20 years due to a "tectonic" shift in the transport sector as electric vehicles gain traction
July 30th, 2018 | by Matt Pressman
Tesla is more than just a car company. According to Miriam Tuerk at Forbes, "The electric-car company is working to decentralize power distribution and offer an alternative to today’s utility... Tesla is demonstrating that if the challenge goes unmet by traditional power utility companies, they’ll have their lunch stolen."
July 28th, 2018 | by Matt Pressman
With so much emphasis on the Model 3, the question on many people's mind is, "Will Tesla's solar efforts finally begin to gain traction?" According to USA Today, "The company is going to double down on selling solar through its 110 U.S. Tesla stores, which it has reconfigured in past months to ensure that Powerwall is on prominent display and in-house solar experts, some of whom worked Home Depot aisles for Tesla, are at the ready."
July 25th, 2018 | by Matt Pressman
Electric cars are running rampant in Norway. Even pricey options from American automaker Tesla are becoming commonplace on the streets of Oslo. Why? According to a report from CNBC, Norway is "the country where a luxury Tesla has become the budget option."
July 22nd, 2018 | by Matt Pressman
To create breakthrough products, Steve Jobs created his own reality distortion field which helped Apple reach unattainable goals. Likewise, Elon Musk has an unorthodox method for setting Tesla's goals. Yes, there's a lot of bellyaching in the media over Musk's missed deadlines. But according to former Apple analyst Gene Munster (via Loup Ventures), "There's a method to Musk's goal-setting madness."
July 21st, 2018 | by Matt Pressman
If you're a collector of classic cars, you're probably familiar with Hagerty. Started in 1984, this industry leader protects over one million vehicles — insuring some of the world's finest collector cars. With real-world expertise valuing the classics, Hagerty decided to put together a comprehensive list which includes: "the greatest vehicle of each decade, from the earliest days of the automobile to the present."
July 21st, 2018 | by Matt Pressman
In the UK, Go Ultra Low is a government-backed effort (in association with automakers) to spread awareness about electric vehicles. Go Ultra Low recently joined forces with OnePoll to publish new research regarding the public's understanding (or lack thereof) related to plug-in cars. It turns out respondents had a number of common misconceptions about electric cars
July 19th, 2018 | by Matt Pressman
Although driving a Tesla can be expensive and out of reach for some, there are a few innovative ways to help drive down the cost of Tesla ownership. Raymond De Padua owner of Tesluro, a Tesla rental company on Turo based out of Jacksonville, FL, has managed to do this with 6 Teslas in a span of just 18 months
July 18th, 2018 | by Matt Pressman
A Formula 1 racing champion, with gasoline flowing through his veins, happens to be excited about a tech revolution unfolding in the automotive space. Last year, InsideEVs reported that Nico Rosberg, Formula 1's 2016 champion, made a pilgrimage to Silicon Valley. During his visit, "Tesla was his first stop ... [and] continuing on the electric vehicle theme, he popped into ChargePoint’s headquarters."
July 15th, 2018 | by Matt Pressman
Even though Elon Musk and his team recently celebrated the factory's 5,000 per week Model 3 production rate milestone, Tesla is still sitting on roughly 420,000 outstanding Model 3 reservations. Sure, 28,386 Model 3 vehicles have already been delivered to customers (and 11,166 more are in transit), but that still leaves a whole lot of reservation holders anxiously awaiting their new Tesla
July 15th, 2018 | by Matt Pressman
Christine Todd Whitman served as head of the Environmental Protection Agency (EPA) under President George W. Bush back in 2001–2003. With experience having worked intimately with (and regulating) the energy industries, it should come as no surprise that she witnessed efforts from the oil industry to undermine clean energy solutions. Recently, Whitman came forward (via CNBC) to discuss Big Oil's misguided "misinformation" efforts
July 13th, 2018 | by Matt Pressman
When the chips are down, Elon Musk knows how to turn things around. Both Tesla and SpaceX have been through near-death experiences. Yet, somehow, Musk pulled both companies out of dire straits. Musk's friend, Venture Capitalist Jason Calacanis, explains that entrepreneurs need, "one central thing that is critical, and that's resiliency."
July 12th, 2018 | by Matt Pressman
On Tesla's last quarterly earnings conference call, CEO Elon Musk largely avoided questions from Wall Street analysts in favor of retail investor (and YouTube personality) Galileo Russell. In turn, analysts largely dismissed Tesla's rosy outlook for the road ahead. However, one Wall Street analyst is gaining a newfound appreciation for Tesla's inherent advantages over legacy carmakers
July 9th, 2018 | by Matt Pressman
One of Canada's top automotive sites, Driving, recently reviewed Tesla's Model 3. Driving's Peter Bleakney writes, "The most hyped car of this century actually delivers." Bleakney acknowledges that there's a bit of a "circus" surrounding Tesla. Yet after experiencing the Model 3, he admits, "it sure feels like the future in here."
July 9th, 2018 | by Matt Pressman
As Elon Musk alludes to battery breakthroughs at Tesla, a larger question arises: will batteries really "fuel" our automotive future? According to Bloomberg, "For an energy source that's been around for three decades, the lithium-ion battery is only just hitting its stride."
July 8th, 2018 | by Matt Pressman
Wall Street is obsessed with Tesla Model 3 production numbers. To some degree, this is understandable. But, according to one disruptive Wall Street analyst, Tesla's production numbers don't accurately reflect the bigger picture for Elon Musk
July 4th, 2018 | by Matt Pressman
When buying yourself a Tesla Model 3 there are lots of great accessories to consider as add-ons — but, unfortunately, none of them are free. What if you could score a ritzy "free" vacation as part of your Model 3 purchase? Sure, a free hat from Tesla would be nice, but a free vacation would be the ultimate add-on. Is this possible? According to one travel hacker, there is a way to get $5,000 worth of complimentary travel if you're crafty enough... here's how
July 4th, 2018 | by Matt Pressman
What if you could buy a Tesla Model S for less than the price of a base Model 3? According to Auto Evolution, Tyler Hoover (a.k.a. Hoovies) did just that and "it has a great story. The car was listed on Auto Trader for $32,500. Somehow, the guy ended up paying [an extra] $1,000. Why? Well, the guy selling it had some people in California already interested, so Hoovies had to offer a small bonus."
July 3rd, 2018 | by Matt Pressman
Plug-in electric cars are becoming more commonplace on streets all around the globe. According to the International Energy Agency (IEA) and its latest Global Electric Vehicles Outlook report, "The number of electric and plug-in hybrid cars on the world’s roads exceeded 3 million in 2017, a 54% increase compared with 2016."
July 2nd, 2018 | by Matt Pressman
Long ago, reviewers pondered over the Tesla Model S being "the Jesus Christ of automobiles." But what about Tesla's newer, lower-priced Model 3? It turns out the company's smaller sedan has also been well received by both mainstream and automotive media outlets. Maxim, the swashbuckling men's magazine, recently joined the fray with its own review of "the world's most controversial car," asking the all-important question: "Does Elon Musk's baby live up to the hype?"
July 2nd, 2018 | by Matt Pressman
Dating back to the early days of Model S production, Elon Musk has been feuding with Tesla short sellers. Back then, Musk cautioned those betting against Tesla stock that a "tsunami of hurt" was coming their way. Sure enough, it did. Tesla's stock skyrocketed. And last year, when the stock was surging, Musk taunted shorts on Twitter, "Stormy weather in shortville." According to Zero Hedge, "Elon Musk's feud with Tesla shorts is not business, it's just personal."
July 1st, 2018 | by Matt Pressman
Tesla is looking to provide a smooth transition from college to full-time employment for those interested in an electric vehicle future. One of its programs, Tesla’s Student Automotive Technician Program (aka Tesla START), was designed to help the next generation develop tech expertise through classes, labs, and hands-on learning. Tesla has partnered with North American colleges to integrate its START program into their automotive technician curriculums
