Following are a few news items from only the past 2 days, GO T!
Tesla's Affordable Car to Be Unveiled in 2015?
"The details are scant, but Tesla (NASDAQ: TSLA ) CEO Elon Musk has not kept everything a secret. And now Tesla's automobile designer, Franz von Holzhausen has revealed some new elements to Tesla's plan for its more affordable all-electric vehicle. Most importantly, he suggests that it won't be too long before the world gets to see Tesla's highly anticipated vehicle built for the masses."
Tesla's Word-of-Mouth Advantage
FORD yearly advertising spending: $4,000,000,000 (yep, that's FOUR BILLION DOLLARS!)
TESLA yearly advertising spending: $0
"Whether it was intentional or not, Tesla does get advertising. But it comes free of charge. Its advertising comes in the form of word-of-mouth marketing. In the company's third-quarter letter to shareholders, Tesla management explained: "As more people see our car on the road, take a test drive or talk with another Model S owner, more demand is created for our product. Demand exceeds supply, despite no advertising, no discounts and no paid endorsements.""
"Management has highlighted this word-of-mouth phenomenon in other letters to shareholders, such as this quote from the fiscal 2013 Q1 letter: "Importantly, we are seeing orders in a particular region increase proportionate to the number of deliveries, which means that customers are selling other customers on the car.""
Management has highlighted this word-of-mouth phenomenon in other letters to shareholders, such as this quote from the fiscal 2013 Q1 letter: "Importantly, we are seeing orders in a particular region increase proportionate to the number of deliveries, which means that customers are selling other customers on the car."
Tesla Rally Regains Footing
"With shares up about 20% this month, and up almost 350% for the year, the question heading into 2014 is just how much more room does the stock-market darling have to run?"
Tesla: A Top Clean Technology Pick for 2014
"Wedbush’s industrial growth technology team is out with its 2014 picks, and wouldn’t you know it–Tesla’s (TSLA) their top pick in the clean tech space."
"Other reasons for optimism include the beginning of sales in China during the first quarter of 2014, more information on the Model X and even the announcement of a design for its mass-market car."
Proof That Tesla Production Is Already 10% Above Guidance?
"MUSK: So we're at around 600 a week, and our projections were about 400 a week. So the main supplier for the battery cells was able to ramp up by 50%, but it's going to take them a little longer to improve production beyond that.At 600 a week, Tesla would be exceeding the guidance that they had offered by roughly 10%."
Tesla Vehicle Deliveries Likely to Soar in 2014
"Tesla (NASDAQ: TSLA ) has said it can achieve an annualized rate of production of 40,000 vehicles by late 2014. That rate would nearly double Tesla's guidance for 21,500 deliveries in 2013. Is this outlook realistic? A new number on Tesla's current production rate gives us a clearer picture of Tesla's potential in 2014. Spoiler alert: Tesla looks on track."
Tesla Motors Inc (TSLA) Heading To $205?
"Tesla Motors Inc (NASDAQ:TSLA) shares are hovering just under $150 a share after a nice December rally, but many analysts see potential for them to go higher in the not-too-distant future. Wedbush analysts see a future price of $205 a share, which would exceed the automaker’s all-time high of less than $200 a share."
"The Wedbush team also said they see Tesla Motors Inc (NASDAQ:TSLA) as “the only viable investment” in the electric vehicle space. They said although they think the majority of investors remain sober in terms of their expectations for the EV and hybrid vehicle markets, excitement about Tesla is still causing volatility in the automaker’s share.
They believe the company “has a credible roadmap” on the way to offer an affordable mass market EV “at a reasonable price point.” Because of the recent correction in Tesla’s share price, they see the current valuation as “an attractive entry point” for investors who are interested in the company."
Chinese man pays $410,000 to import a Model S, Russian citizen pays $194,000 for Model S
Tesla Motors Inc (TSLA) Makes A Rebound In December
"Tesla Motors Inc (NASDAQ:TSLA) seems to be in the midst of a nice rally this month after spending October and November declining. So far, the automaker’s shares have climbed 13% after falling 34% starting on Sept. 30. But even though they haven’t fully recovered to their all-time highs, Tesla is still beating December General Motors Company (NYSE:GM), which declined 3.6% so far this month and Toyota Motor Corp (ADR) (NYSE:TM) (TYO:7203), which has fallen 4% so far."
"Writing on Barron‘s, Ben Levisohn refers to an interview on Autobild with Tesla Motors Inc (NASDAQ:TSLA) Chief Designer Franz von Holzhausen. He said the Model E mass market vehicle is expected to be unveiled at the Denver Auto Show in 2015. Then it is expected to go into production in 2016."
"He also said that for the most part, their work on the Model X crossover vehicle is done. The Model X is the next one Tesla Motors Inc (NASDAQ:TSLA) is planning to launch, and according to von Holzhausen, they are simply working on subtleties that most people wouldn’t notice—millimeter by millimeter. He said basically that they are trying to make the vehicle as aerodynamic as possible"
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