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Will low gas prices hurt Tesla?

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Originally published at https://evannex.com on May 27, 2020.

Amid the financial fallout from the COVID-19 pandemic, most of us have hardly had time to consider the effects of another economic H-bomb that went off around the same time: the collapse of oil prices. Tough economic times seem likely to dampen demand for EVs, which remain considerably more expensive than comparable legacy cars. Will low gas prices be the last nail?

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Above: Tesla Model S parked at a Supercharger station directly across from a gas station (Image: Tesla Road Trip Europe)

That’s the question ABC News asked in...

Analysts weigh in on Tesla's ability to weather the storm [Video]

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Originally published at https://evannex.com on May 19, 2020.

Discussing COVID-19 on the company's Q1 earnings call, Elon Musk confessed that the economic impact of the pandemic "will cause great harm not just to Tesla, but to many companies. While Tesla will weather the storm, other companies will not.” It turns out Tesla has a long history of succeeding against the odds, but this time the odds are pretty darn long. Just about everyone expects that we’re in for a recession, and new cars are typically one of the first things people forego when tough times begin to bite.

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Above: Tesla's...

Elon Musk's SpaceX innovates its Starlink project with 'Darksat'

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Originally published at https://evannex.com on May 18, 2020.

Starlink is another of Elon Musk’s brilliant ideas (some astronomers say it’s a bit too brilliant, as we shall see)—a constellation of thousands of small satellites in low Earth orbit that will provide internet access across the globe. The idea is to deliver connectivity to remote areas that currently have little or none, and to provide some much-needed competition to the near-monopolies currently operated by telecom and cable companies. Someday, Starlink could also provide communications links to colonies on the Moon and Mars.

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Source...

Urban Electric's pop-up charge points provide discreet on-street charging

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Originally published at https://evannex.com on May 16, 2020.

Providing at-home charging for drivers who have no assigned parking spaces is a pressing problem, especially in the UK, where an estimated 43% of households (representing some 8 million vehicles) rely on on-street parking.

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Above: Tesla Model X charging with Urban Electric (Twitter: Urban Electric)

One company working to solve this conundrum is startup Urban Electric Networks, which recently completed a trial of its UEone prototype pop-up charging hub, in collaboration with...

Tesla bids to become a giant virtual utility

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Originally published at https://evannex.com on May 13, 2020.

Tesla has expanded way beyond making cars. Its electric fingers are in a lot of pies, from solar panels to battery cells to insurance to (maybe) lithium mining. Now it seems the company has ambitions to become an electric utility. The Telegraph tells us that Tesla has applied for a license to become an energy provider in the UK, where it has already installed...

Giant casting machine enables Tesla to simplify Model Y chassis

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Originally published at https://evannex.com on May 7, 2020.

Tesla constantly improves not only its vehicles, but the manufacturing processes used to produce them—and fewer steps on the production line translate to lower costs. Last year the company applied for a patent on a new casting machine that would be used to build Model Y. “When we get the big casting machine, it’ll go from 70 parts to 1 with a significant reduction in capital expenditure on all the robots to put those parts together,” said Elon Musk.

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Above: Tesla Model Y (Source: EVANNEX; Photo by: Casey Murphy)

Now Tesla has released images of...

'Tremendous' demand for stationary storage exceeds Tesla's supply capability

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Originally published at https://evannex.com on May 6, 2020.

As usual, press coverage of Tesla’s recent earnings report has focused on sales of the company’s vehicles (and, unfortunately, on Elon Musk’s immoderate statements about lockdowns and Tesla’s stock price). However, every quarter, those who take the time to read the whole report will find numerous nuggets of information that provide clues to future areas of growth.

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Source: Tesla

The news on the solar and stationary storage fronts appears to be mixed. Tesla celebrated the installation of its 100,000th Powerwall home battery pack...

Will the COVID-19 crisis bring about the dawn of the Clean Air Age?

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Originally published at https://evannex.com on May 5, 2020.

Amid the tragedy of the COVID-19 pandemic, some see signs of hope for the future in the clear skies and quiet streets that have resulted from lockdowns around the world. History tells us that major crises have a way of accelerating changes that were already underway. Could it be that we’re witnessing the beginning of the end of the Oil Age?

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Source: Tesla

Margo Oge, a former EPA official, and the author of a fine book about auto emissions standards, writes in a recent article that “the fossil fuel industry is a...

Retail investors at 'Third Row Tesla' are allied with Elon Musk

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Originally published at https://evannex.com on May 3, 2020.

It's difficult to find in-depth interviews with Elon Musk in the mainstream press anymore. Even a quote from him in the world's most prestigious publications is relatively rare. However, a smart, young group of Tesla investors, often vocal on Twitter, seems to have earned Musk's trust. The team behind the Third Row Tesla podcast has released hours and hours of exclusive interview footage with Elon recently.

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Above: The team from the Third Row Tesla podcast with Elon Musk (Photo: Sofiaan Fraval)

Vivien Hantusch, a student in Germany who studies product design, flew in from Düsseldorf to California to attend the interview with...

Nevada's 'Lithium Valley' could provide a domestic supply of white gold for Tesla

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Originally published at https://evannex.com on May 1, 2020.

No, lithium isn’t going to become “the new oil,” regardless of what the pandering pundits of the popular press say (it’s a raw material, not a fuel, and it’s one of the most abundant elements on Earth). However, there’s no question that demand for the light white stuff is growing quickly, and that much of the current supply comes from outside the US. Tesla is believed to import much of the lithium it uses from Australia and South America. There are strong economic and environmental reasons to develop more domestic sources.

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Above: A look at Tesla's Gigafactory 1 in Nevada (Source...

Against the odds, Tesla turns a profit in Q1

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Originally published at https://evannex.com on April 30, 2020.

The first quarter is typically tough for those in the auto industry. COVID-19 has, undoubtedly, made it even tougher. Despite the odds, Tesla reported a $227 million profit, or $1.24 cents per share.

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Above: Tesla Model Y deliveries helped provide a boost for Q1 (Source: EVANNEX; Photo by Casey Murphy)

According to Fortune, "Wall Street analysts could hardly have gotten it more wrong. Ahead of the earnings report, analysts had predicted a $1.24 per share loss in standard terms, and a 32 cents per share loss in adjusted terms. This marks the third...

China’s electric vehicle subsidies sidestep Tesla’s Model 3

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Originally published at https://evannex.com on April 29, 2020.

China recently announced a modest cut to its subsidies on new energy vehicles (NEVs), a move that was widely expected. At the same time, the authorities changed the rules to exclude higher-priced vehicles, apparently making Tesla’s Model 3 ineligible for the subsidies.

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Twitter: Jay in Shanghai

It’s been something of a rollercoaster ride for the subsidies of late. In 2015, the government announced plans to end the subsidies this year. In January, it said there would be “no significant cuts” this year. In March it confirmed they would be extended, but warned of a possible reduction.

Under the new plan, purchase...

Tesla Model Y is poised to win right now — here’s why

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Originally published at https://evannex.com on April 26, 2020.

If you live on earth you’ve come across ads from your local dealership. Black Friday, Holidays, even Presidents Day sales are done repeatedly to bring new customers through the doors. Prices have dropped and some (yes!) good deals are out there. What if the best new car deal out there happens year-round and doesn’t actually come from a franchise car dealership?

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Source: EVANNEX; Photo by Casey Murphy

The new Model Y is poised to be Tesla's best-selling vehicle, and for good reason. By taking everything Tesla has learned from its success via the company's prior four vehicles, the Silicon Valley automaker has created an elite car on the market today. It shines next to...

The urban charging dilemma has not been solved

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Originally published at https://evannex.com on April 26, 2020.

One of the greatest joys of driving electric is the ease of charging—plug in your car when you get home, and the next time you need it, it’s charged up and ready for more fun. At least, that’s the fat fuzzy peach of a life that we lucky suburban dwellers, take for granted when we go out to our driveways each day. For people who live in multi-unit dwellings (townhouses, apartment buildings), reality is not so rosy—many of them don’t have the option of installing their own chargers.

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Above: Finding electric vehicle charging options on city streets can often be quite a challenge (Source: Project Centre)

Things are gradually...

What new technology could be coming inside a Tesla?

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Originally published at https://evannex.com on April 23, 2020.

Tesla is constantly advancing vehicle tech in its fleet via the company's over-the-air software updates. The Silicon Valley automaker remains at the vanguard of automotive tech including game-changing features like Autopilot and Summon. So what's Elon Musk dreaming up for the next generation of Teslas soon to hit the market?

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Above: Tesla's tech could soon transform in many ways (Image: Tesla)

Predicting future automotive tech can be somewhat difficult. Especially when it comes to Tesla. Sure, analyzing every one of Elon Musk's Twitter posts can provide some clues, but it's still fun to forecast (okay, WAG) what's coming...

A letter from Planet Earth to the human race

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Originally published at https://evannex.com on April 22, 2020.

Dear humans, I am sick. Sick and tired of your actions. I've tried to clue-you-in with “natural disasters,” and I've threatened you with climate change. I've even killed a few hundred million of you over the years with little viruses like the one kicking your a** right now.

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Above: Electric cars, solar, and battery storage might be a good idea right about now (Source: Tesla)

Despite decades of warnings you refuse to change. So by all means, PLEASE keep doing things the way you've always done them. Please keep electing leaders who support using the air and water as an open sewer. Please keep burning everything you can...

Tesla's online sales model may soon become the norm

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Originally published at https://evannex.com on April 19, 2020.

Oh, the irony! Auto dealers have fought Tesla’s direct sales model tooth and nail for a decade, arguing that only in-person sales through independent dealerships could provide consumers with the service they deserved. Now, after a few weeks of economic lockdown, an increasing number of dealers are embracing the Tesla model themselves.

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Above: Tesla has always specifically designed a user interface and site architecture for easy online sales (Image: Tesla)

As Mark Phelan writes in the Detroit Free Press, auto dealers are quickly...

On Elon Musk Day, post a message about how Musk and his companies have influenced or inspired you.

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Originally published at https://evannex.com on April 20, 2020.

Nowadays, there’s a commemoration on the calendar for just about anything you can think of—from important observances such as Earth Day (April 22) and National Drive Electric Week (Sep 26-Oct 4, 2020) to trivial tributes such as National Bubble Wrap Day and Static Electricity Day. So, it’s inconceivable that such an influential and revered visionary as Elon Musk shouldn’t be honored with his own official day.

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Above: Elon Musk (Flickr...

Infographic: Tesla vs. Tesla

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Originally published at https://evannex.com on April 16, 2020.

All Teslas share some similarities. Alongside their striking looks, they each receive a steady flow of over-the-air updates keeping them fresh and more advanced than their closest competitors. Each model (by far) holds the best-in-class electric range. In the EV space, it can be argued that Tesla has really been in a league of their own. As such, it's useful to compare each against with one another. Tesla vs. Tesla. So let's dive in and find out which Tesla might be best for you.

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Source: EVBite

Note: we're using male terms here in the titles — obviously you can easily change these to female terms (e.g. bachelorette) as needed.

THE BACHELOR

For those...

Would You Buy the Most Affordable Tesla?

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Originally published at https://evannex.com on April 14, 2020.

When Tesla CEO, Elon Musk, unveiled the Tesla Model 3 way back in 2016, the world took notice. Although most Tesla fans celebrated the launch, some wished there was an even lower-priced version of the car. That said, Model 3 was set to change the world with the first mass-produced Tesla that wouldn't leave a hole in your wallet. At $35,000, it quickly became the coveted electric car that had accumulated an impressive number of pre-orders.

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Above: Tesla Model 3 (Image: EVANNEX; Photo by: Casey Murphy)
After some much-publicized production hell...