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Author Archives: Matt Pressman

6 Tesla-Owning Celebrities & Their Modified Teslas

September 4th, 2017 | by Matt Pressman

As Tesla gets more and more common, many owners are looking for something to make their car a bit more distinctive. Celebrities are no exception. Let's take a look at a few stars who've modified their Model S in some unexpected ways. Looks like they've chosen to customize their car to reflect their own individuality, creativity, and nonconformity

Electric Car Incentives In Norway, UK, France, Germany, Netherlands, & Belgium

September 2nd, 2017 | by Matt Pressman

All across the globe, aggressive mandates are being set up to transition countries away from petrol and diesel cars. In fact, according to Climate Change News, "the European commission is considering implementing an electric car quota to be achieved by automakers by 2030, according to diplomats and sources familiar with the issue. With France, the Netherlands and Britain planning diesel bans by 2040, commission officials are said to view a new mandate as a natural step."

Elon Musk’s Unusual Communication Tendencies, + A Recommendation

September 2nd, 2017 | by Matt Pressman

Elon Musk has built game-changing businesses transforming the automotive, aerospace, and energy industries. Part of Musk's unique skillset is his ability to learn fast and communicate what he's learned so brilliantly. According to Matthew DeBord at Business Insider, Elon Musk "is certainly one of humanity's most accomplished autodidacts: he has taught himself automotive engineering, rocket science, and solar design. Because he's an autodidact, he's also a didact — he likes to explain what's he's learned and knows to others."

Vehicles & The Grid — Progressive Policies In California & New York

September 1st, 2017 | by Matt Pressman

With Tesla CEO Elon Musk forecasting the market for Model 3 vehicles could swell to 700,000 vehicles, the streets may soon be flooded with electric cars. To put that in perspective, the popular BMW 3 Series only has an annual production rate of about 400,000 per year. However, having electric vehicles like Tesla's Model 3 selling in these larger volumes could have some unintended side effects. 

$0 In Tesla Advertising = 455,000 Model 3 Reservation List

August 20th, 2017 | by Matt Pressman

Have you ever wondered why you haven't seen a glitzy TV commercial for Tesla's new Model 3? According to Advertising Age, "Tesla still doesn't need [any] paid advertising to make sales." E.J. Schultz reports that, "even as the Model 3 goes on sale for anticipated delivery starting in the fourth quarter, word-of-mouth and free media coverage seems to be enough to fuel demand for the foreseeable future."

Top Electric Car Countries (Charts)

August 19th, 2017 | by Matt Pressman

Countries worldwide are taking an aggressive stance in order to expedite the transition to electric vehicles. Yet automakers are moving slowly — the Big Three in Detroit are taking a wait-and-see approach with vehicle electrification. And Germany's finest are also dragging their feet. One automaker is leading the way. According to The Telegraph, "Tesla, owned by billionaire Elon Musk, announced that its ‘budget’ Model 3 electric car went on sale earlier this month. This is the first Tesla car targeted for the mass market as it comes with a much more affordable [$35,000 USD] price tag."

The Economist Announces The Death Of The ICE (Finally)

August 19th, 2017 | by Matt Pressman

The most recent cover story in The Economist announces, "The death of the internal combustion engine... it had a good run. But the end is in sight." In a remarkable account, The Economist reports that the internal combustion engine's "days are numbered. Rapid gains in battery technology favour electric motors instead. ... Today’s electric cars, powered by lithium-ion batteries, can do much better."

Tesla — A Challenger Brand, The Ultimate Challenger Brand

August 13th, 2017 | by Matt Pressman

Going up against Big Auto is no easy task. They're seasoned players with deep pockets and political influence. But Big Auto companies continue to be complacent when it comes to their flailing electric vehicle programs. Their leaders cling to the gas pump, while Tesla [NASDAQ: TSLA] electrifies — blowing past the likes of GM, Ford, and even BMW to become the third-largest automotive brand by market capitalization. How did Tesla pull this off

How to Sleep in a Tesla Model S or Model X

August 13th, 2017 | by Matt Pressman

A few years ago, we had the good fortune of meeting Steve Sasman, the "proprietor" of the Tesla Hotel. According to Steve, "One of the many benefits of the highly versatile Tesla Model S sports car is the plentiful amount of room for one or two people to sleep in the back with the seats folded down. Outfitted with a comfy 8″ thick air mattress, you will sleep like a baby who just struck the technology jackpot

Tesla CEO Elon Musk Pours Praise On China For EV & Renewable Energy Leadership

August 12th, 2017 | by Matt Pressman

Tesla CEO Elon Musk recently sat down with Nevada Governor Brian Sandoval for an interview in front of around 30 US governors at the National Governors Association meeting. Musk teased the possibility of 2 or 3 more Tesla Gigafactories in front of the governors — many of whom have auto-manufacturing plants in their states. In a comprehensive interview that ranged from his vision for personal transport to the existential threat from artificial intelligence (AI), Musk espoused his view of the future

Are German Automakers Facing Their iPhone Moment With Tesla?

August 12th, 2017 | by Matt Pressman

After our overview about the allegations surrounding Germany's top automakers, one has to wonder if Tesla may soon pose a deadly threat. A recent article in the Financial Times ponders this further, reporting that

7 Countries That May Ban Gas & Diesel Cars

August 10th, 2017 | by Matt Pressman

“We are announcing an end to the sale of petrol and diesel cars by 2040,” Nicolas Hulot, France’s new ecology minister, said last month, adding that the move was a “veritable revolution.” It looks like England may follow suit. Jesse Norman, from England's Department for Transport has announced, "a manifesto commitment for almost all cars and vans on our roads to be zero emission by 2050. We believe this would necessitate all new cars and vans being zero emission vehicles by 2040.” How many countries are actually moving in the direction of eventual gas and diesel car bans

Tesla CEO Elon Musk: In terms of finished goods inventory, “at a systemic level, we are substantially more efficient than other carmakers.”

August 10th, 2017 | by Matt Pressman

Coming off a landmark Tesla Model 3 launch event, Elon Musk sounded upbeat, positive and somewhat relieved on Tesla's recent conference call discussing the company's second quarter financial results*. He explained that this was: "maybe the best I've ever felt about Tesla. Last week stressed the hell out of me but I really think this is probably the best I've ever felt about the company." At one point, Elon said bluntly: "At a systemic level we are substantially more efficient than other carmakers."

More Tesla Model 3 Insider Gems

August 9th, 2017 | by Matt Pressman

The launch party stoked plenty of excitement — so much so that Tesla has been receiving 1800 reservations per day — but we're still missing a few key details. Nevertheless, some tidbits from early owners, Tesla fanboys, and inside sources have provided a few, key must-know items

Patient Tesla Shareholders Will Be Rewarded

August 9th, 2017 | by Matt Pressman

With Tesla [NASDAQ: TSLA] announcing its second quarter financial results this week, Wall Street sent the stock rocketing upwards once again. Short sellers lost almost $800 million in the last two days as a result of Tesla's explosive rally.

Tesla Model 3’s First Reviewers Are In Love

August 3rd, 2017 | by Matt Pressman

It's here. It's official. The Tesla Model 3 has arrived. In style. Elon Musk took the stage last week to introduce the world to the next wave of automotive disruption. This car is going to make waves. Make no mistake, Tesla has delivered something that will shake the auto industry to its core. ArsTechnica asked Musk about the reservation count and reports: "The CEO then went on to say the net reservation number was currently 'over half a million.'" 

Bloomberg: Tesla Set To Win

July 14th, 2017 | by Matt Pressman

Bad news may be on the horizon for Big Oil as electric cars gained traction this past week. Bloomberg reports that "France plans to end the sale of gasoline- and diesel-powered vehicles by 2040" and "Volvo Car Group became the first major manufacturer to say it will start phasing out vehicles powered solely by fossil fuels." Who's poised to fill this gas-mobile void? "More than a dozen automakers are jostling to lead the U.S. electric-car race, but Bloomberg New Energy Finance (BNEF) sees a clear winner separating from the pack: Tesla Inc."

Is Tesla Model 3 The Next Toyota Camry?

July 14th, 2017 | by Matt Pressman

Editor's Note: I've been planning to write an article about these two cars for a while, so it's nice to get a bump from Loup Ventures, which has beat me to it! Check out Matt's summary of the analysis below

Tesla Partner Panasonic Sees Car Roofs As New Market For Solar

July 12th, 2017 | by Matt Pressman

Panasonic's Shingo Okamoto explains, "Car roofs have the potential to become a new market for solar panels. We made history in the auto industry and in the solar industry with the sun powering mass-produced cars for the first time in the world."

Elon Musk Has 98% Approval Rating From Staff On Glassdoor

July 9th, 2017 | by Matt Pressman

This week, Elon Musk received another accolade. He was recognized as one of the top CEOs in the world based on his insanely high 98% approval rating with jobs-website Glassdoor. What are his employees saying? “Insanely intense magic,” “challenging but highly rewarding,” and “a family like relationship.” Recognized for his work as CEO at SpaceX, Musk also (somehow) finds time to run Tesla [NASDAQ: TSLA] as well

Top Apple Analyst Sees Tesla As True Tech Transition “Pioneer”

July 7th, 2017 | by Matt Pressman

One of the most famed Apple analysts, Gene Munster, recently commented on both Apple and Tesla related to their respective roles in the future of cars. Bloomberg reminds us that, "Munster was known for his accuracy in predicting Apple Inc.’s financial potential. The company’s share price is almost 50 times greater now than when he first recommended the stock in June 2004. He’s ranked 11th out of 58 Apple analysts based on performance for the past year."

Do These Patents Reveal Tesla Model 3 Wheel Options?

July 7th, 2017 | by Matt Pressman

We can get a good sense of the Tesla Model 3 colors that will be offered at launch by checking out Model 3 spy shots revealed over the past few weeks. But, what wheel types will be available? That information seems to have been leaked via patents filed by Tesla and published online recently. According to X Auto World, "Since Tesla has actually filed patents and got approval on all three wheel designs [see below] we can be sure that final production Model 3s will have Wheels not just wheel covers over basic rims even if the release candidates have similar looking wheel caps."

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