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.
January 9th, 2019 | by Matt Pressman
Studies demonstrate that Tesla has forged a unique bond with its customers. Last year, Consumer Reports found that Tesla has the highest rate of customer satisfaction of all car brands. Now, according to more recent research conducted by Experian, it turns out these high levels of satisfaction are translating into exceptionally high rates of customer loyalty as well
January 9th, 2019 | by Matt Pressman
The Tesla Model 3 is turning out to be an electric car that's seducing car buyers across multiple market segments. According to a CleanTechnica report, "45% of current electric car drivers plan to buy a Tesla next." Okay, that's understandable. Non-Tesla EV drivers might be interested in a Tesla. That said, it's extraordinary how many gas-powered car owners, from vastly different auto segments, are transitioning to Teslas
January 9th, 2019 | by Matt Pressman
Big Auto's executives have a long history of taking shots at Tesla. Now, two industry giants, VW and GM, have decided to dismiss the Silicon Valley automaker altogether and claim they'll (instead) lead the EV revolution. Yet, their braggadocio, somehow, doesn't seem to add up
January 8th, 2019 | by Matt Pressman
Elon Musk remains a frequent target in the media. Clickbait journalists clack away at their keyboards and smear the Tesla and SpaceX CEO on a regular basis. Sometimes an outside perspective is needed — especially from someone who really knows science and space. To that end, CNBC recently sat down with renowned astrophysicist Neil deGrasse Tyson to get his take on Elon Musk
January 6th, 2019 | by Matt Pressman
Elon Musk has been the target of a relentless smear campaign this year. While greedy (and shadowy) figures spew salacious gossip, diehard Tesla fanboys claim to know the real deal — right down to the most obscure detail about The Ironman. Hint: see item #5 below. To test your own knowledge, see if you're aware of these surprising 15 factoids (via CNBC and Redbook) about Elon Musk
January 5th, 2019 | by Matt Pressman
The Tesla Semi has captivated scores of corporate customers. Pre-orders for Elon Musk's electric trucks are growing. Competitors, however, aren't so impressed. The Wall Street Journal spoke with a potential adversary in the trucking space, Cummins, for their take on Tesla, electric trucks, and their thoughts on how governments around the world should deal with carbon emissions
January 5th, 2019 | by Matt Pressman
It's hard to argue that Germany isn't the heartbeat of automotive excellence. That said, an invader is coming (soon) to its home turf. According to Automotive News Europe, "Tesla will start the European rollout of its Model 3 in February, putting pressure on German premium brands that have seen the Model S outsell flagship sedans such as the Mercedes-Benz S class."
January 4th, 2019 | by Matt Pressman
There are many reasons why Tesla has taken the automotive world by storm. Of course, one big reason is that Elon Musk decided to make his car company an electric car company. And electric cars have inherent advantages over their internal combustion engine (ICE) counterparts
January 3rd, 2019 | by Matt Pressman
Auto's top executives have a long history of downplaying Tesla. But the tide may be turning. With the impressive success of Tesla's Model 3, top execs are beginning to show the Silicon Valley automaker some long-deserved respect
January 1st, 2019 | by Matt Pressman
Daniel Burrus is the author of seven books including the best-sellers Flash Foresight and TechnoTrends. The New York Times referred to him as one of the top three business gurus in spectacularly high demand as a speaker. It turns out that Burrus recently decided it was time for a new SUV. Something unusual happened when he decided to take the Tesla Model X on a test drive
January 1st, 2019 | by Matt Pressman
Tesla recently announced new two new board members. The company's first board pick, Kathleen Wilson-Thompson, was prescient. Her human resources background (ranging from Walgreens to Kelloggs) brings Tesla some critical HR expertise right as the company readies itself for rapid growth. But investors also liked Tesla's second new addition — a Silicon Valley icon who might hold some sway with Musk — Larry Ellison
January 1st, 2019 | by Matt Pressman
Buying a car can be a grueling process. Keith Barry writes in Consumer Reports, "In an era of online shopping and instant gratification, the traditional way of buying a car can seem like a painful throwback. Some dealers are still doing business the old-school way: insisting buyers haggle over the price, hiding fees and charges until the last minute, and making customers wait hours to sign form after form."
January 1st, 2019 | by Matt Pressman
Let's face it, Tesla videos are flooding YouTube. As avid watchers, we're all over Model 3 Owners Club, Now You Know, Teslatunity, Tesla Geeks, Teslanomics, KmanAuto, Sean Mitchell, Bjørn Nyland, and NZCUTR. We even follow LikeTesla on Twitter. And we just checked in with E for Electric for Model 3 Christmas tips. However, there's one particular Model X video that's putting a hypnotic spell on Tesla fans everywhere
January 1st, 2019 | by Matt Pressman
Salespeople in car dealerships tend to push buyers towards gas-powered cars. Electric vehicles, in contrast, typically get low priority. But two former Tesla employees are setting out to change that with a new concept for an auto retailer that, instead, is setting out to embrace electric cars
December 30th, 2018 | by Matt Pressman
Tesla is currently the most sought-after company for young job seekers. According to the Wall Street Journal, "On Handshake, a student career-services app ... nine million student and alumni users showed Tesla received more job and internship applications than any other company [of the 275,000-plus employers] on the app in the 2016–2017 academic year."
December 30th, 2018 | by Matt Pressman
As Tesla's production ramp for the Model 3 continues to improve, so does its process. Part of this can be attributed to engineering efficiencies. Business Insider reports, "After a recent visit to the company's Fremont, California factory, analyst Pierre Ferragu of New Street Research, far and away Tesla's most bullish analyst on Wall Street, said the sedan is 'biblical' in its simplicity."
December 29th, 2018 | by Matt Pressman
Could electric vehicles disrupt the reign of Big Oil? Apparently not. According to Arab News, Saudi Energy Minister Khalid Al-Falih publicly downplayed, "what he described as the 'hype' of the electric vehicle market." And he emphasized that "miscalculations around the pace of [vehicle] electrification could create 'serious' risks around global energy security."
December 29th, 2018 | by Matt Pressman
Elon Musk is consistently accused of being late. Sure, Tesla typically takes longer to launch its electric cars than Musk's overzealous timelines. But no one can argue with his sense of urgency to expedite EVs to market. On the other hand, how are legacy automakers faring in their race to go electric
December 29th, 2018 | by Matt Pressman
Tesla is a polarizing stock on Wall Street. There are plenty of bulls and bears that work hard to make their case. However, there's a new Wall Street analyst covering Tesla [NASDAQ: TSLA] who's enthusiastic about the company's potential but warns of great volatility ahead. According to CNBC, "Wedbush Securities began coverage of Tesla shares on [December 14] with an outperform rating."
December 29th, 2018 | by Matt Pressman
Questions arose when Tesla announced its new board chair, Robyn Denholm. How might the seasoned executive interface with Tesla's hard-charging CEO Elon Musk? Richard Walters (via Financial Times) reports that "Ms Denholm has always described herself as direct — the product of a pragmatic Australian upbringing that has left her with a no-nonsense view of the world."
December 29th, 2018 | by Matt Pressman
Much of this year was marked by a massive smear campaign against Elon Musk and his electric car company Tesla. FUD [fear, uncertainty, and doubt] was at an all-time high. Ignore it. If you cut through the clutter, and instead, according to Wired, "If you focus on Tesla the company, then 2018 has been very good indeed."
December 28th, 2018 | by Matt Pressman
As Tesla's Model 3 continues to gain market share, legacy automakers face some daunting decisions. Bloomberg warns, "The future of the auto industry is going to look like the history of the cell phone ... some of today’s dominant car companies will share the fate of a few former titans of the smartphone. Remember BlackBerry, Nokia, and Palm?"
December 28th, 2018 | by Matt Pressman
Pulitzer Prize–winning auto columnist Dan Neil recently discussed his next car in the Wall Street Journal — and it's going to be electric
November 17th, 2018 | by Matt Pressman
Online searches can say a lot about which car brands are attracting the most interest online. According to Car Buzz, "Car sales and research website Select Car Leasing has just published the results of ... a year’s worth of Google search data to find out which car brands were the most queried." And, apparently, "Elon Musk's tweets are winning the SEO war" (as well as the Twitter race)
