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15 Июн 2014 | Author: | Комментарии к записи Chevy Spark Dealer Louisville KY отключены
Chevrolet Spark EV Electric Cars

Tesla Sales Increase and the Green Car Market Continues to Improve

Tesla Motors Inc. led by billionaire entrepreneur Elon Musk, posted better-than-expected fourth-quarter results on Wednesday and said deliveries of its luxury Model S electric sedan would surge more than 55 percent this year.Tesla also shed some light on its plans for building a lithium-ion battery plant, or giga factory, that will cut battery costs and allow the company to launch a more affordable electric car in 2017.Tesla shares jumped 12.3 percent to $217.44 in extended trading following the announcement. A day earlier, the stock shot up to an all-time high after the San Francisco Chronicle reported that Musk met with Apple Inc s head of mergers and acquisitions in 2013.

There is a heated debate among auto industry experts and investors over whether Tesla s sky-high valuation is justified. The company has a market capitalization of nearly $25 billion, slightly less than half of General Motors Co s $57.7 billion.

On Tuesday morning, hedge fund investor Doug Kass, who runs Seabreeze Partners Management, said he had taken a small short position in Tesla at $205. About 24 percent of Tesla s shares outstanding were held in short positions as of January 31, according to Nasdaq data.

The more I think and write about it the more I like my Tesla short, Kass wrote later that day.

In research notes ahead of Tesla s quarterly report, analysts expressed concerns that investors underestimate how much Tesla will have to spend to develop and launch its third-generation electric car, which is crucial to the company s long-term future.

The vehicle will be built on a separate production line at Tesla s factory in California.

Battery costs have been a major stumbling block to widespread electric car adoption in the United States, according to analysts. The giga factory, which Tesla will build with at least two other partners, will lower costs by shifting material, cell, module and pack production to one spot.

The opening of a true cross-country route has allowed several owners to drive from coast-to-coast already, and represents a breakthrough in the way electric cars can be used.

Not only are the stations convenient (and the Tesla Model S endowed with a long enough range to make such trips much easier) but they’re also free to use for Model S owners–not something that can always be said of CHAdeMO and its compatible vehicles.  Chevrolet offers the Chevy Spark  which show considerable competition for the future of electric cars.

Tesla would need to raise capital to pay for the plan. He added Tesla would share more details about the plant next week.

The factory is really there to support the volume of the third generation car, Musk said during a conference call with analysts. We want to have the vehicle engineering and tooling come to fruition the same time as the giga factory. It is already part of one strategy, one combined effort.

Some are sounding the … knell for CHAdeMO in Europe though, since several popular electric cars–the Renault Zoe, Twizy and Kangoo, BMW’s i3. the Smart Electric Drive–don’t use the standard. Nor–unsurprisingly–does the recently-launched Tesla Model S, nor the upcoming Volkswagen e-Up.


The Palo Alto, California-based company, which was founded in 2003, earned $46 million or 33 cents per share, excluding one-time items, during the fourth quarter. The average analyst estimate called for a per-share profit of 21 cents, according to Thomson Reuters I/B/E/S.

Including items, its fourth-quarter net loss narrowed to $16.2 million, or 13 cents a share, from $90 million, or 79 cents a share, a year ago.

The Model S is priced at $70,000 and up. Tesla expects to deliver more than 35,000 Model S vehicles in 2014, an increase of more than 55 percent from the 22,477 delivered last year. It will deliver about 6,400 of those cars in the first quarter.

Tesla is already rolling out the Supercharger network in Europe–14 stations are currently up and running, and most of Europe’s major corridors should be ‘Supercharged’ by the end of 2014.  Only Ford’s electric  cars come close to equalling the charging capabilities of it’s rivals.

Chevrolet Spark EV Electric Cars

Model S deliveries to China will begin this spring. Tesla said it will make substantial investments in China this year, and that the Model S will be the same price there as in the United States.

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We are taking a risk with this strategy, because it is counter to prevailing auto industry practices, Tesla said.

The company expects its automotive gross margin to rise to about 28 percent in the fourth quarter of this year. In the fourth quarter of last year, adjusted automotive gross margin was 25.2 percent.

Wedbush analyst Craig Irwin said the company s average selling prices were about 10 percent higher than expected during the quarter, adding that investors were pleased with the company s outlook for 2014 deliveries and profit margins.

Tesla said operating expenses and capital spending will increase significantly this year as it expands production capacity for both the Model S and Model X crossover vehicle, invests in stores and Supercharger infrastructure, and finishes development of the Model X. It is also starting early design work on its third-generation vehicle.

Tesla expects to have Model X prototypes on the road by the end of the year, and will begin deliveries to customers in the spring of next year.

For the time being at least, it means we’ll still see several different types of fast-charging available to electric car users.  Toyota  offers an electric car and so does Honda.

But the important take-away from this is that fast charging is growing in the U.S. and abroad–and that can only be a good thing for the electric car industry.

2014 Chevy Spark EV, Ford Fiesta, Tesla, Fiat 500

Chevrolet Spark EV Electric Cars
Chevrolet Spark EV Electric Cars
Chevrolet Spark EV Electric Cars
Chevrolet Spark EV Electric Cars
Chevrolet Spark EV Electric Cars
Chevrolet Spark EV Electric Cars
Chevrolet Spark EV Electric Cars

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