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Author Archives: Matt Pressman

Tesla Leads, Pushes, Pulls Luxury Automakers Into Their Electric Future

May 12th, 2018 | by Matt Pressman

Once seen as the domain of tech geeks and tree huggers, electric cars have transformed into the new, must-have accessory for the rich and famous. Hannah Elliott reports (via Bloomberg), "When marketing luxury vehicles, ‘electric’ is no longer a bad word... feeling good about your car is the new feeling cool about your car."


Why Pierre Ferragu & New Street Research Raised Tesla [TSLA] Price Target To Record $530 After Tesla Conference Call

May 11th, 2018 | by Matt Pressman

After Tesla's latest quarterly earnings call in which Elon Musk turned his back on Wall Street analysts in favor of questions from a 25-year old YouTuber, analysts are turning their back on Tesla's CEO. Almost across the board, analysts disliked Musk's comments (or lack thereof) on Tesla's recent earnings call. There is one outlier, though — New Street Research's Pierre Ferragu


Electric Vehicles, Batteries, & Chargers Seeing Rapid Growth

May 10th, 2018 | by Matt Pressman

Once considered an inconsequential niche in the automotive market, electric vehicles are becoming more widespread. And it's not just all the new plug-in options available today — EV batteries and charging stations are also proliferating around the globe. To that end, some tell-tale charts (recently published via Statista) demonstrate the trajectory of the electric vehicle movement and who might be best positioned to win the EV race in the coming years


Top Gear: Tesla’s Model 3 = “Triumph”

May 10th, 2018 | by Matt Pressman

Top Gear has had a rocky past with Tesla. However, when given the chance to review the Model 3, Top Gear reports, "Everything Tesla has done up to this point has been building towards the Model 3 ... and it's been worth it." Why? It turns out, "There’s a refreshing simplicity to the proposition and a frisson of excitement inside and outside the car, wherever it goes."


Mainstream Media Review: Tesla Model 3 Exceeds Expectations

May 6th, 2018 | by Matt Pressman

Looking at the recent roundup of press surrounding Tesla's Model 3, it's clear that the car is making waves. "The most exciting vehicle on the market isn’t a million-dollar supercar, a broad-shouldered truck, or a seven-passenger SUV," Miles Branman writes (via Digital Trends). "No, the car the world can’t wait to drive is an all-electric sedan from a startup automaker called Tesla."


Tesla Model 3 Can Make Almost Any Road Fun (Video)

May 1st, 2018 | by Matt Pressman

Looking at the roundup of recent press from the automotive media, it's clear that the Tesla Model 3 is making an impression. Recently, John Beltz Snyder at Autoblog got his chance to test drive the Model 3 and provide a critique of the much-anticipated car. In short, he calls the Model 3 "a super entertaining daily driver that offers quiet quickness in an efficient, stylish and practical package."


Tesla Limo Service Passes 1 Million Kilometers, 0 Dead Batteries

April 29th, 2018 | by Matt Pressman

In Australia, one company is celebrating an important electric vehicle milestone. "An Australian limousine service has become the first to clock up more than 1 million kilometers with a fleet of Tesla electric vehicles," Joshua Dowling reports (via news.com.au). "Starting with just one Tesla sedan in 2015 the limousine start-up now has a fleet of eight vehicles that have traveled the equivalent of more than 25 laps around the earth."


Does Toyota Prius History Foreshadow Tesla’s Future?

April 28th, 2018 | by Matt Pressman

For those interested in Tesla, there are valuable lessons to be learned from Toyota's history. Whitelaw Reid (via UVA Today) turns his attention to the Toyota Prius case study. Why? The history of Toyota's Prius may uncover tell-tale clues about the electric vehicle future and, in particular, Tesla. He notes, "Two decades ago, Toyota's Prius sedan rolled out of factories and into Japanese showrooms, becoming the first mass-produced gasoline/electric hybrid in an automotive landscape dominated by internal-combustion fuel engines."


The Tesla Semi’s “Armor Glass” (Video)

April 1st, 2018 | by Matt Pressman

The special "Armor Glass" on Tesla's Semi truck is a breakthrough that you can't ... ummm, break through. During Elon Musk's Tesla Semi announcement, he noted that the Semi's glass will be completely impact resistant. This is critical as semi trucks suffer from broken windshields about once every year. This, in turn, forces the truck out of service for valuable periods of time


Obsession & Fun At Tesla’s Fremont Factory

March 31st, 2018 | by Matt Pressman

Whether it's reinventing windshield glass or engineering superhero robots, Tesla factory workers do things differently. Business Insider sat down with staff at Tesla's factory in Fremont to learn more about what's really happening inside the game-changing company


Who Will Benefit In The Robotaxi Revolution?

March 25th, 2018 | by Matt Pressman

As self-driving cars move closer and closer to reality, one particular market stands to benefit — autonomous taxis (aka robotaxis). Tasha Keeny from Ark Invest recently evaluated the players who'd likely benefit from this massive market opportunity. Keeney writes, "Autonomous vehicles will transform personal mobility ... reap[ing] the benefits of a new market which promises to ramp from essentially $0 now to $10 trillion in global gross annual revenues by 2030."


Franz von Holzhausen Talks Tesla Model 3’s Award-Winning Design & Minimalism

March 24th, 2018 | by Matt Pressman

Automobile magazine recently awarded the Tesla Model 3 "2018 Design of the Year," calling the car "simple and straightforward, perfectly proportioned with minimal extraneous detailing." The magazine goes on, "It has all been done with unmistakably good taste. ... We have the impression that the studied simplicity of both interior and exterior will let this car age extremely well, that in 10 years it will still look contemporary and beautifully understated."


Reebok’s Vision For “Recycling” Gas Stations

March 24th, 2018 | by Matt Pressman

The way we think about gas stations is about to change. As the world transitions to electric vehicles, the sneakerheads at Reebok have completely reimagined the gas pump experience altogether. Reebok announces that, "more cars are relying on electricity instead of gasoline for energy. ... So what do you do with all of those perfectly-placed fuel stations in every community? Turn them into fuel for our bodies instead."


Eventually, Joe Schmo Will Have His Electric Car “Lightbulb Moment”

March 21st, 2018 | by Matt Pressman

When will that "lightbulb moment" happen with the car-buying public? When will they pivot en masse from fossil fuel powered cars to electric vehicles? Australia's chief scientist, Alan Finkel, owns two electric cars and says, "You just touch the accelerator and the car responds, whereas in a petrol car there is a lag of two-tenths of a second. ... There is something magical about the responsiveness of it." And it's not just EV performance that's so compelling


Hundreds Come Out For Tesla Model 3 Event In South Florida (Video)

March 20th, 2018 | by Matt Pressman

Having taken delivery of his Tesla Model 3, our founder (and Dad) Roger Pressman decided it was worthwhile to show off the car locally here at the EVANNEX offices in South Florida. Even with the Model 3 currently on display at a local Miami store, RSVPs came flooding in via Tesla Owners Florida (special thanks to Club President Larry Chanin). But it wasn't just the Model 3 that would be at this marquee event


Tesla Model 3 Carbon Fiber Spoiler Design & Production (Part 1)

March 18th, 2018 | by Matt Pressman

At EVANNEX, we specialize in designing and developing unique accessories for Tesla owners, and there’s no accessory that is more unique than a custom-designed carbon fiber spoiler. In this blog post and the accompanying video, we’re going to walk you through the design, development, and prototyping process that is required to produce an American-made, high-quality spoiler for Model 3. If you’ve ever wondered how spoilers are created, I think you’ll find our journey interesting


Tesla Model X Wandering Wyoming Wilderness (Video)

March 18th, 2018 | by Matt Pressman

There have been some impressive stories of off-road adventures in the Tesla Model X. But this off-road challenge was especially daunting. A Model X owner planned to cover (as a photographer) the Adventure Racing World Championships through 500 miles of wilderness in Wyoming. However, he was cautioned against it


Nearly 500,000 Resumes & Applications For 2,500 Tesla Job Openings In 2017

March 17th, 2018 | by Matt Pressman

Getting a coveted job at Tesla isn't easy. Elon Musk once said, "if you're at Tesla, you're choosing to be at the equivalent of Special Forces. There's the regular Army, and that's fine, but if you are working at Tesla, you're choosing to step up your game." You'd think statements like this would keep job applicants away. Not so much


Gene Munster & Loup Ventures Expect Tesla Market Share To Triple To 1.5% Soon, Rise To 17% In 10 Years (USA)

March 16th, 2018 | by Matt Pressman

One of the most famed Apple analysts, Gene Munster, has recently turned his attention to Tesla. Munster's firm, Loup Ventures, "surveyed 519 people in the U.S. regarding interest in buying a Tesla Model 3 ... [and] found a surprisingly high number (17%) of people would buy a Model 3 at $40,000. Even if this survey is off by 3x, the results still imply significant market share gains are in store for Tesla given their current U.S. unit market share is below 0.5%."


Tesla Model 3 Profit Target = 5x Higher Than Average Ford Vehicle

March 12th, 2018 | by Matt Pressman

It's remarkable that Tesla rocketed from its IPO to surpassing Ford in value in just 7 years. Tesla's prowess on Wall Street has left many investors miffed. After all, Ford recently announced 2017 sales of over 6.6 million cars worldwide. Meanwhile, Tesla barely cracked sales of 100,000 cars. How could an industry behemoth like Ford be overtaken by this younger, smaller Silicon Valley startup


Will Tesla Model 3 Lead Market Segment Like Tesla Model S Does?

March 11th, 2018 | by Matt Pressman

Recently famed Apple analyst Gene Munster predicted market share gains ahead for Tesla based on a survey executed by his firm Loup Ventures. It turns out there are other indicators that point to market share gains down the line for Tesla. With so much riding on the success of Model 3, Seeking Alpha's Victor Dergunov remains convinced that a stock "breakout appears imminent ... and new all-time highs [are] very likely" for Tesla.


Electrifying Transport Is Green Here, Greener There, & Green As Kermit The Frog In Norway Or With A Solar Roof

March 10th, 2018 | by Matt Pressman

There's an important caveat with electric cars. Although electric vehicles have zero tailpipe emissions, they draw their power from a wide variety of energy sources. Bloomberg reports, "Trading in your gasoline-guzzling car for an electric vehicle is a lot like shifting the emissions ... [as] EVs run off electricity, and that electricity" can come from both clean and dirty energy sources


Tesla Model 3 Impressions From The Mainstream Media

March 10th, 2018 | by Matt Pressman

The Model 3 has been a difficult car to get your hands on — and Tesla hasn't been actively releasing its cars (for review) to the media until recently. However, the first media outlets, mostly automotive press, seemed to be quite taken with the Model 3. Now, mainstream media outlets are beginning to review Tesla's lower-cost option. So, what's the consensus? Let's take a look


Watch “Dirty Money” On Netflix — VW’s Dieselgate Worse Than You Think

March 9th, 2018 | by Matt Pressman

Netflix has a new series, Dirty Money, and its first episode, "Hard NOx" from Director Alex Gibney, is disturbing. Why should this be of interest to Tesla fans? Because it shows the lengths to which legacy automakers will work to maintain a fossil fuel future. You might've read something about Volkswagen, the world's biggest automaker, embroiled in an ever-expanding Dieselgate crisis. But, as bad as it is, it's actually far worse than many suspected



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