Chreos EV wildly overpromises with 600-mile range, 640 hp and 10-minute charging [w/video]

chreos ev silex power



Check it out: according to Silex Power, it’s a force of nature,” a “fluid form… the pinnacle of technological innovation. It’s the epitome of elegance and luxury, a synopsis of the superior class… the most technologically vehicle ever conceived. It’s the dawn of a new era in electric mobility – the Chreos.



Yes, the Chreos boasts 640 horsepower and 4,400 Nm (about 3,245 in pound-foot) of torque. The Chreos can reach 300 kilometers per hour (about 186 miles per hour) and goes zero to 100 km/h (about 62 mph) in under 2.9 seconds. Oh, and a car this fast leaves range anxiety in the dust: it can go 1,000 kilometers on a single charge – that’s about 621 miles. One last thing: the Chreos has the Tesla Model S and its Supercharger beat hands down since it can fullly charge in less than 10 minutes using its HyperCharge Technology!



Whew.



There must be a catch in there somewhere. Oh yeah, it isn’t here yet. It’s a concept vehicle being designed by Silex Power, which has worked for a few years in the renewable energy and sustainable development markets. According to a company source, it will take about three years to make it to production. There’s a video below offering a rendered look at the concept car.





By Jon LeSage

Staff Picks: The Best and Worst Cars We Drove in 2012

Staff Picks: The Best and Worst Cars We Drove in 2012

And just like that, we’re closing the book on 2012 and preparing to start 2013. Motor Trend staffers were lucky enough to drive a wide assortment of fantastic cars, with everything from the 74-hp Volkswagen Up! to the 691-hp Lamborghini Aventador passing through our garage. Of the hundreds of cars we’ve driven this year, these are the cars that stood out most to our editors in 2012, for better and for worse.

Erick Ayapana, Associate Online Editor:

2013 Porsche Boxster S PDK front end in motion 3 300x187 imageBest: 2013 Porsche Boxster S

I only needed a few minutes in the 2013 Porsche Boxster S before feeling completely comfortable driving the car at its limits. No other car I’ve driven this year has felt as perfect or as fun to drive as the Boxster. And how about that back side? The Boxster’s spoiler (and how it blends into the taillight units) is hands down the sexiest automotive design feature I’ve seen all year.

2012 Volkswagen Routan front three quarter 300x187 imageWorst: 2012 Volkswagen Routan

The VW logo on the steering wheels said I was driving a Volkswagen, but it sure didn’t feel like it. Again, this is nothing more than a rebadged Chrysler Town & Country and nothing about the minivan feels remotely German. Case in point: we all know that German carmakers treat cup holders like the plague, yet the Routan’s Getränkehalter (cup holder) count totals 15.

Mike Febbo, Associate Editor:

2012 Porsche 911 Carrera S side turn in motion1 300x187 imageBest: Porsche 911 Carrera S

I proclaimed the beginning of the end when the 996 replaced the air-cooled 993, but became a believer again after first driving the 997. As for the 991, the car has restored my faith in Porsche as the best sports car builder on the planet. From driving position, to steering, to the new PDK gearbox, everything about the 991 is exceptional.

BMW M5 E39 front 300x219 imageWorst: BMW e39 M5 at the Nurburgring

While the e39 M5 is one of the best sedans ever built, this particular car was on its factory tires — the tires fitted when it was built. After a few years of hard use and then being put into storage, these near slick chunks of carbon offered just slightly more grip than the wheels they were mounted on. On a rain-soaked track in just over freezing temperatures, this was one of the most terrifying experiences I’ve had as a journalist.

Mike Floyd, Senior Digital Content Director:

2013 Cadillac ATS Turbo front three quarter in motion 300x187 imageBest: Cadillac ATS

Other than our esteemed 2013 Car of the Year — the out-of-this-world Tesla Model S — the car I was most impressed with in 2012 was the Cadillac ATS. Anyone who thinks General Motors can’t build world-class cars needs to beat feet down to a Cadillac dealer and get behind the wheel of the ATS. Both the turbo-four and V-6 powertrains are impressive, and while we had some issues with the manual (they assure us it’s being adjusted), the fact that they offer one at all was a huge bonus point in any enthusiast’s book — and mine as well. It looks good, handles great, moves out with authority and while a little fussy at times, its CUE telematics system is among the most impressive of its type out there. Bravo Cadillac, a sport sedan that truly has what it takes to compete with all comers.

2013 Chevrolet Malibu LTZ front three quarters in motion 300x187 imageWorst: Chevrolet Malibu

Conversely, the Chevrolet Malibu also shows how far GM has to go in some segments. At this year’s Car of the Year event, we had some of the heaviest hitters in the midsize sedan category out for evaluation, and the Malibu was literally crushed by the weight of new Accord, Fusion, and Altima. Its engine/transmission was underpowered and lazy, its steering was vague and suspension unsettled and its interior (at least the car we had at the event) was no match for its competitors. To put it bluntly, it simply cannot compete with the best the segment has to offer. We hear now that Chevrolet is rushing changes to the Malibu much as Honda did with the Civic. Let’s hope it helps, because the present Malibu is going to need all the massaging it can get to stay off the rental car lots.

Zach Gale, Online News Director:

2013 Mercedes Benz SLS AMG GT front three quarters static 300x187 imageBest: Mercedes-Benz SLS AMG coupe

The Aston Martin DBS is more attractive than the Mercedes-Benz SLS AMG, but at least the German car doesn’t have a small, folding Garmin navigation screen at the top of its otherwise pleasing cabin. What excites me about the SLS AMG is its engine note. No modern supercar can be fully exploited safely on open-to-the-public winding roads, so I especially appreciate the SLS AMG’s engine sound and the wild appeal provided by the long hood and gullwing doors. My honorable mention might go to the Lexus GS 350, with its surprisingly good interior and decent driving dynamics.

2012 Coda front three quarters 300x187 imageWorst: Coda EV sedan

It must be a tough time to be a small electric-automaker, competing with well-funded entries from companies like Nissan and Chevrolet, but that doesn’t mean we can overlook the Coda EV sedan’s shortcomings. Though I love an underdog, this electric sedan has too many impossible-to-ignore shortcomings. Despite the bold five-spoke wheels, there’s the dated exterior styling and the interior’s center stack that’s simply not up to the class standard, with an ultra-low-mounted central screen and a general feeling that’s more “economy car” than “special electric sedan.” We want to like the Coda but, at least for me, I found it difficult to get past the packaging that helps keep costs down.

Jonny Lieberman, Senior Features Editor:

2012 Porsche 911 Carrera S side in motion1 300x187 imageBest: Porsche 911 Carrera S

Yeah, the car that won the 2012 Best Drivers Car also won my heart. Other cars are faster, flashier, more practical, etc., but no car is as fun to throw around on your favorite mountain road. A huge improvement over what I thought was already nearly perfect (the old 997), the new 991 is a revelation. I can’t even imagine what the follow-up versions (Turbo, GT3, 50th Anniversary edition, etc.) will be like, but I can imagine how much I’ll like them. Runners up this year include the Mercedes-Benz C63 AMG Black Series Coupe, Mercedes-Benz CL65, Tesla Model S, Cadillac ATS 3.6, Toyota Avalon, and Morgan 3-Wheeler.

2013 Chevrolet Malibu LTZ front end in motion 300x187 imageWorst: Chevrolet Malibu

Really GM? You knock one out of the park with the Caddy ATS and then revert back to your bad old ways with this… well, you can’t call it a car so much as a collection of bad things people associate with rental cars. Slow, bad brakes, clueless transmission, an engine that sounds like a vacuum cleaner sucking up a T-shirt, poor suspension, tight back seat, poor NVH, etc. I refer to the new Malibu around the office as “Dumpster Fire.” It’s that bad. Don’t believe me? GM is rushing the refresh. Runners up: Dodge Dart, Toyota Prius C, Lexus ES 350.

Ed Loh, Editor-in-Chief:

Ed Loh in Tesla Model S 300x187 imageBest: Tesla Model S

Obviously our COTY! Everyone who has driven it comes away impressed; I have yet to find anyone who has not been “converted.” It also ranks as the most surprising for me. I remember flying to Las Vegas for the third long-distance test we did and feeling the weight of expectation as I approached it in the parking garage of the Aria casino. I remember feeling somewhat confused and lost when the valet handed me the key, because I had been so busy up until that moment of truth, I hadn’t paid much attention to the testing we had done, the feedback from colleagues Kim, Frank, Jessi, and Benson — in fact, I had no idea about how to open the car door or start it up, save the verbal instructions I had received the day before. And to my surprise – everything worked as promised. The door handle popped out when I pushed on it, the car magically came to life when I got it inside, and a minute later, as I pulled out of the darkness of the garage and into the bright daylight of Las Vegas, I forgot I was in an electric car. It was that seamless and smooth. Shocking really.

2013 BMW M5 front left view 2 300x187 imageWorst/Most Disappointing: BMW M5

I was probably most disappointed by the BMW M5. Fast yes, but so much of the purity, of what made that car special, seems to have disappeared. It’s still fast, but its feels artificially enhanced and unnatural. On an industry level, I’m really sad to see Suzuki exit the U.S. market; they have a great sedan here (Kizashi) but that clearly wasn’t enough. Would have loved to see Swift and Jimny here, but those are fringe products; Suzuki went after mainstream volume and failed. Hyundai’s 40 MPG debacle is also incredibly disappointing, but only stands to highlight how important fuel economy is right now and will continue to be in the future.

Frank Markus, Technical Director:

Lamborghini Aventador LP700 4 front three quarter in motion 300x187 imageMost Memorable: Lamborghini Aventador

To be clear, the best car I drove this year was Elon Musk’s personal Tesla Model S, which conveyed myself and Jessi Lang from L.A. to Vegas with no extension cord. But my most memorable drive of 2012 was a 2107-kilometer (1310 mile) trek from Sant’Agata Bolonese, Italy to Zaragoza Spain in Lamborghini’s new Aventador for a visit to the very bullring where its namesake, an 1118-pound toro bravo fought so bravely in 1993. Scaling the spectacularly scenic Col de la Bonnette in the Maritime Alps, and the Col d’Aspin in the Pyrenees was almost as memorable as threading the seemingly 9-foot wide spaceship through tourist-choked medieval cart-paths of Monte Carlo, Nice, and Arles. Watching the descendants of the Gallardo line of fighting bulls charge this orange missile and then using the Aventador to charge matador Tomas Luna on the very same Albero sand where the brave bull perished are permanently etched in my automotive memory banks.

2012 Coda front three quarter in motion turn 300x187 imageWorst: Coda EV sedan

This is really a case of inopportune time-shifting. The Coda is a 1990s car trying to compete in 2012, and as such it doesn’t stand a chance. The Chinese, bless their hearts, cannot design a new car to save their lives. (Yet.) So they engage in their own brand of R & D (receive and duplicate) or, as in the case of Hafei, start with ancient hand-me-down Mitsubishi architecture and pass the design-cost savings along. Getting the car itself for super-cheap was understandably important to Coda, which planned to stuff it full of 20 or 30 grand’s worth of batteries. The result is a stiff riding, tinny sounding, poorly appointed, noisy, mean conveyance that does—on the upside—offer plenty of get-up-n-go and reasonable range. Just try super hard to avoid the sort of wrecks that NHTSA and others subject cars to, as the Coda performs like an ancient Mitsubishi in such tests.

Alex Nishimoto, Associate Online Editor:

McLaren MP4 12C front three quarter in motion 300x187 imageBest: McLaren 12C

During our 2012 Best Driver’s Car competition, I had the good fortune to take home the McLaren for a night. Needless to say, it was a good night. The racy exterior design, low-H-point seating position, and 592-hp twin-turbo V-8 all contributed to a VIP-like driving experience. Though it sometimes took multiple finger swipes of the touch sensors to open the handle-less scissor doors, there are few things I can think of that impart swagger better than getting in or out of a $200,000-plus supercar.

2013 Mitsubishi Lancer GT rear three quarters 300x187 imageMost Disappointing: Mitsubishi Lancer GT

Going into my test of the Lancer GT, I was actually excited to see what the sporty-looking compact had to offer. On paper, the GT trim level looks like a decent sport compact for budget-minded enthusiasts. But a poorly appointed cabin (especially for our $25,000 as-tested price), nasal-sounding engine note, and un-engaging paddle-shifted CVT held the car back from being anything other than basic transportation.

Kirill Ougarov, Production Manager:

2012 Mercedes Benz G550 front three quarters 300x187 imageBest: Mercedes-Benz G550

We had one hell of a year when it comes to Benzes, what with getting every AMG extant and every S-Class, but my favorite was easy the red G550 for the simple reason it was a G-Wagen, and thus awesome. There’s also that whole thing about us Russians loving G-Wagens. Honorary mention to the matte-white E63 AMG. Now to combine the two and get my hands on a G63…

2013 Ford Taurus Limited AWD front three quarters 300x187 imageWorst: Ford Taurus

There wasn’t anything particularly wrong with the car itself, but I’m putting it down here because MyFord Touch froze up on me while I was trying to switch audio sources and wouldn’t reset until the car power-cycled once I parked it at my destination, which happened to be some 45 miles away. Merely turning it off then back on, on the side of the freeway didn’t do the trick. As a result, I had limited controls over the audio, no ability to control the climate control, and no navigation during the whole drive.

Kim Reynolds, Testing Director:

2012 Tesla Model S front motion on PCH 300x187 imageBest: Tesla Model S

This pick sounds a bit obvious now, but before anyone had a chance to drive the Tesla there were lots of reasons to be apprehensive. It was their first from-the-ground-up design. They had zero experience in building a complete car. And after the Volt battery-fire incident, also good reason to worry about its enormous lithium-ion battery. So the Model S’ subsequent competence is just short of miraculous. By comparison, we still see cars from very established, highly experienced car companies that contain absolutely remarkable mistakes. Such as my Worst pick of the year.

2013 Mercedes Benz SLS AMG GT front three quarter turn 300x187 imageWorst: Mercedes-Benz SLS AMG

Understand, this isn’t my worst car of the year, but rather the one that most surprised me (in a negative way) compared to my expectations. The SLS AMG’s limit handling is very difficult for me to comprehend from a company with this experience. Defeat its stability nannies and its rear can slip away like a squeezed pumpkin seed and is about as easy to wrangle back behind you as a frightened rabbit. Driven with abandon, the SLS AMG can quickly make you look like a complete idiot.

Christian Seabaugh, Associate Online Editor:

2013 Subaru BRZ side in motion 300x187 imageBest: Subaru BRZ

I drove a lot of fantastic (and expensive) cars and trucks this year including the Tesla Model S and the Porsche Boxster S, but the car I keep coming back to is the Subaru BRZ. I can’t get enough of this car. Every time I get out of it I want nothing more than to go back out and have another go. It’s just such a rewarding car to drive, with so much personality; the engine is rev-happy, the gearbox is a delight, the pedals are perfectly spaced, and the handling is some of the best I’ve experienced this side of a Ferrari 458 Italia. I simply adore this thing. Honorable mentions: Chevrolet Spark, Ford Raptor, Mazda Miata Super 20, Porsche 911 Carrera, Tesla Model S.

2013 Chevrolet Malibu LTZ rear three quarters 300x187 imageWorst: Chevrolet Malibu

I never thought I’d more miserable driving than I was earlier this year trying to get 40 mpg out of our old long-term Hyundai Elantra. Then I drove the Chevrolet Malibu. The Malibu is just such a disappointing car to drive, especially compared to the new Honda Accord and Ford Fusion. From the transmission constantly hunting for gears, to the underpowered, drone-y engine, to the complete disconnect between the wheels and the road – the Malibu just disappointed on all fronts. I can honestly say that I’ve never been so eager to stop driving than I was in the Malibu. Here’s hoping GM can step its game up with the next one. Dishonorable mentions: BMW 528i, Cadillac Escalade, Dodge Dart, Nissan Sentra, Toyota Camry, Toyota Prius C

Melissa Spiering, Online Editor, Truck Trend:

XPLORE 2012 Jeep Wrangler Unlimited Rubicon front three quarters 300x187 imageBest: XPLORE Adventure Series’ 2012 Jeep Wrangler Unlimited Rubicon

I got to take XPLORE‘s custom built Adventure Series’ 2012 Jeep Wrangler Unlimited Rubicon off-roading in Johnson Valley, California, to watch the Sixth Annual Griffin King of the Hammers off-road race. It had the right modifications mechanically and visually to stand out in the crowd without looking over done. The all-new 3.6-liter V-6 Pentastar was a blast to drive on the trails and hillsides to get to the best viewpoints for the race.

2013 Jeep Compass Latitude 4X4 front view15 300x187 imageWorst: 2013 Jeep Compass Latitude 4X4

Is it dead yet? Two weeks in the 2013 Jeep Compass Latitude and I couldn’t get one staffer to trade me vehicles. The noisy CVT was nerve wrecking and the 2.4-liter engine was gutless. The most heartbreaking thing about the Compass is that it poses itself to be a real Jeep but sadly lacks the true heart and soul of what the Jeep brand is. My dog enjoyed the ride though – she was able to hold her balance in the back seat due to the lack of torque.

Jason Udy, Associate Online Editor:

2013 Nissan GT R Black Edition front end1 300x187 imageBest: Nissan GT-R Black Edition

After putting more than 1700 miles on our long-term Nissan GT-R Black Edition in four days, including onramp blasts for the enjoyment of 30 friends and family members, I came away impressed by Godzilla’s ride quality, fuel mileage, and sheer acceleration. In fact, my 60-year-old aunt who traveled with me commented that it was the most enjoyable road trip she had ever made. Points for the Recaro seats and suspension’s comfort mode. Overall the GT-R returned 19.1 mpg (19.9 mpg not including the tank of fuel used for onramp runs) at an average of 10 mph above posted speeds. Let’s not forget the as-tested 2.8-second 0-60 mph time.

2012 Coda front three quarter in motion 300x187 imageWorst: Coda EV sedan

While the Coda may not be the most disappointing car I drove in 2012 (my expectations were too low for disappointment), it was by far the worst car I drove all year. The interior is cheap and handling is downright scary. Part of what makes the Coda feel cheap are its Chinese economy car roots – basically a modified and rebadged Hafei Saibao that has been on the market for years.

What were the best and worst cars you’ve driven in 2012?

By Motor Trend Staff

Quick-Charging EV Charging Infrastucture: Ford, GM, Nissan, Chrysler, Tesla Sign DOT Pledge

Quick-Charging EV Charging Infrastucture: Ford, GM, Nissan, Chrysler, Tesla Sign DOT Pledge

Early sales of electric vehicles like the Nissan Leaf and Mitsubishi i-MiEV may have proved underwhelming, but don’t count out the zero-emissions vehicles yet. At the Washington Auto Show, the Department of Energy announced the Workplace Charging Challenge signed by 13 companies including GM, Ford, Chrysler, Tesla, and Google. These companies have pledged to introduce a plan for workplace charging in at least one major company location. The DOE says the ultimate goal over the next five years is to increase tenfold the number of U.S. employers offering charging.

2013 Chevrolet Volt plugged in 300x187 imageAlso ambitious is the related EV-Everywhere Challenge. By the year 2022, the DOE hopes to see companies in the U.S. be the first to manufacture a five-passenger American electric vehicle that’s affordable and has a payback time of less than five years, yet still have a decent range so that families can use it without compromise. Helping to complete that picture will be additional fast-charging options scattered in various urban spaces.

“Having a robust charging infrastructure helps build range confidence, which boosts interest in and use of electric vehicles,” said Brendan Jones, Nissan’s director of electric vehicle marketing and sales strategy.

We’ve already reported on Tesla’s so-called Superchargers, and Nissan this week has announced its plans to add at least 500 quick-charging stations in the U.S. over the next 18 months, starting with 40 eVgo Freedom Station sites in Washington D.C. The sites can provide a Nissan Leaf an 80-percent charge in less than 30 minutes. Service plans offered by eVgo allow users to pay a monthly fee for unlimited charging.

Considering the 2013 Motor Trend Car of the Year is the all-electric Tesla Model S, and the “extended-range electric” Chevrolet Volt earned the golden calipers in 2011, increasing charging infrastructure sounds like a good idea to us. Before a national hydrogen refueling infrastructure gets any traction, perhaps the Workplace Charging Challenge and EV-Everywhere Challenge will help boost sales of electric vehicles.

Source: DOT, GM, Ford, Nissan

By Zach Gale

Tesla will reportedly call new Roadster the ‘Model R’

Tesla Roadster



Whether you spell the word “rumor” in the US or “rumour” in the UK, this one’s a good one.



Tesla Motors is looking to make its upcoming version of its Roadster all-electric convertible faster than the original when it debuts to the public in 2017, UK’s Auto Express “reports,” citing unsorted rumors, or, er, rumors. The California-based automaker will also likely call the car – wait for it – the Model R.



Tesla produced about 2,500 Roadsters between 2008 and 2011. The model, made with Lotus parts, started at $109,000. Auto Express says the new version will share the same platform as the Model S sedan (out now) and the Model X crossover that is set to debut in 2014, but we think it is more likely to use Tesla’s smaller, third-generation platform.



Last month, Tesla started a buyback program allowing Roaster owners to trade them in for credit against the purchase of a new Model S sedan.

Related Gallery2011 Tesla Roadster 2.5

By Danny King

Feature Flick: Los Angeles to Las Vegas on One Charge in a Tesla Model S – Rumor Central

Feature Flick: Los Angeles to Las Vegas on One Charge in a Tesla Model S

The Tesla Model S can go almost 300 miles on a full change, but is that enough to make the drive from Los Angeles, California to Las Vegas, Nevada in relative comfort? Frank Markus and Jessi Lang found out in this episode of Wide Open Throttle.

The EPA has rated the Model S at a range of 265 miles when equipped with the largest, 85-kWh battery. For those of you keeping count, the drive from L.A. to Vegas is 280 miles, one way. If that wasn’t already a bit of a headache, when MT tested the full range of the Model S, it found that the luxury hatchback came up 27 miles shy of its EPA rating.

As Markus mentions in the video, the road-tripping duo may have cheated a little bit: they started out from eastern edge of the L.A. basin, some 65 miles closer to their destination than downtown L.A.; however, the 215-mile trip still loomed dangerously close to the Model S’ range limit. To help get every possible mile of range out of the battery pack, Lang and Markus opted to keep the air conditioning off for most of the trip.

Even with the air off, it didn’t keep the intrepid duo from rocking out to some MC Hammer and playing some of the usual road trip games. Did the Tesla make it to The Strip on one charge? Check out the video below to find out. (Hammer pants and poker chips not required.)

Source: YouTube




By Donny Nordlicht

Looking Forward: Tesla’s Future May Include Electric Trucks, Driverless Cars

Looking Forward: Tesla’s Future May Include Electric Trucks, Driverless Cars

The Tesla Model S is brilliant. While we’re smitten with the quick electric car – the Motor Trend 2013 Car of the Year – Tesla CEO Elon Musk tells us there’s much more to come, including the Model X, an electric truck, and possibly self-driving cars. Musk also reaffirmed that the more affordable and higher-volume Tesla car is on the way.

Tesla Model X Front Three Quarter view 300x187 imageIn an interview with Motor Trend, Musk has revealed a bit more about the company’s future, looking past the production version of the Model X prototype — a three-row, seven-passenger SUV with gullwing style doors. We’ve also previously reported Tesla is planning a BMW 3 Series challenger that could arrive in 2015 after the Model X rolls into dealerships early in 2014. What Musk calls “an electric supercar” is part of Tesla’s plans as well, perhaps as a loose successor to the original Tesla Roadster. Most surprisingly, Musk admits he’s also been thinking about producing an electric truck. “We have this idea for an electric truck that could really be a big improvement in truck technology.”

Musk would also like to dip into autonomous cars. “I do think it will be interesting to do self-driving cars, perhaps working in conjunction with Google…” With the reelection of President Barack Obama, Musk hopes hybrids and electric cars will continue to become more affordable. He told Reuters that he would support tax credits of up to $10,000 on electric cars.

Read the full Motor Trend interview with Tesla’s Elon Musk right here.

Source: Motor Trend, Reuters

By Karla Sanchez

Tesla curbs forecast due to Model S issues, losses total $864.9M

2013 Tesla Model S - black - front three-quarter view



It ain’t easy creating a brand-new automaker from scratch. The fact that Elon Musk and Tesla have actually been able to bring not one, but two cars to market is in itself quite impressive. That said, the road has not been without its bumps, and Tesla is feeling some of the setbacks that come with being a fledgling automaker.



To that end, Tesla has revealed that it expects $400 million to $440 million in full-year revenue, or roughly $160 million less than its prior 2012 revenue forecasts. In a Securities and Exchange Commission filing on Monday, the electric carmaker said “We have methodically increased our Model S production at a slower rate than we had earlier anticipated,” leading to the company figuring they’ll fall short of the $560 million to $600 million they originally forecasted. Tesla also revealed a net cumulative loss of $864.9 million through June 30 of this year – Tesla has yet to break even as an automaking entity, but it remains something of a startup, so the fact that it has lost money to this point shouldn’t be a major surprise – building cars is expensive, and learning how to do so is even more expensive. Following the disclosure, Tesla shares fell about 8.5 percent this morning in trading.



Tesla cites delays in suppliers for its Model S production shortcomings. The California automaker says it is working with suppliers to speed up deliveries and internally, it is adding shifts and automation to its manufacturing processes. With little more than half of the 5,000-vehicle target expected to be built by year’s end, Tesla says it is four to five weeks behind its delivery goals.



Meanwhile, reservations are on the rise. 11,500 Model S units were spoken for at the end of June, and that number has risen to 13,000 as of September 23 (not counting vehicles already delivered). While reservations increased, so did cancelations.



The first several thousand reserved customers were asked to configure their vehicles for delivery, lest they lose their places in line.

Related Gallery2012 Tesla Model S: First Drive

2012 Tesla Model S2012 Tesla Model S2012 Tesla Model S2012 Tesla Model S2012 Tesla Model S2012 Tesla Model S2012 Tesla Model S2012 Tesla Model S

By George Kennedy

WOT Episode 4: C7 Breaks Cover, Mercedes AMGs, Tesla Model X – Motor Trend YouTube Channel

WOT Episode 4: C7 Breaks Cover, Mercedes AMGs, Tesla Model X – Motor Trend YouTube Channel

In the fourth episode of Wide Open Throttle, Jessi Lang tops off the hottest stories of the week, starting out with more than a dozen models coming from AMG in the next few years, electric-powered BMWs, and spy shots leaking out of the upcoming seventh-generation Corvette just around the corner, and Tesla’s sporty new Model X electric crossover. Finally, editor-at-large Angus MacKenzie talks with Jessi about Acura’s upcoming NSX.

We’re all fans of high-performance models, so whenever we hear more are coming, we get excited. And in the case of Mercedes-Benz’s high-performance AMG division, we’re not just getting a few, but 17 new hot-rod Benzes, most of which are expected to come to the U.S. as well. Starting off, two AMG versions of the new SL roadster are coming, the V-12 SL 65 and V-8 SL 63, both twin-turbocharged. Next up is a Black Series version of the SLS gullwing with 600+ hp from the beloved naturally-aspirated 6.2-liter AMG V-8. Finally, AMG is aiming for the Porsche 911 with the new SLC model in 2014, expected to be powered by a 4.0-liter twin-turbo V-8 producing 550 horsepower with a rear-mounted transaxle.

BMW is hoping it can balance mean and green with its new “i” series models, retaining the brand’s reputation for superb driving dynamics, while offering a more environmentally-friendly choice for enthusiasts.

Corvette traditionalists will be relieved that the C7 Corvette will still be front-engine, rear-drive, and V-8-powered. Although many expected the iconic “split window” from the 1963 model would be applied to the new model, it looks like the C6’s conventional one-piece glass hatch will carry over. The biggest news, other than the direct-injected fifth-generation small block V-8 under the hood, is a dramatically improved interior, something that’s been a constant criticism of the car since the C4.

Testing Director Kim Reynolds takes a look at the new Model X crossover, and talks with Tesla chief designer Franz Von Holzhausen about the vehicle’s “falcon wing” doors, and their practicality as well as their dramatic looks.

Regarding the upcoming Acura NSX, Angus discusses how much further the bar has been raised in the supercar segment with the Ferrari 458 Italia, with the previous NSX coming out around the same time as the Ferrari 348, one of the low points for Maranello. Can the new NSX compete with what many consider to be the zenith of Ferrari’s development?

Stay tuned to the Motor Trend YouTube channel for a new episode of Ignition on Monday, where we take a look at the new F30 BMW 335i.

By Edward A. Sanchez

More Roadsters Coming: Tesla, Lotus Extend Production Contract

More Roadsters Coming: Tesla, Lotus Extend Production Contract

Tesla Motors and Group Lotus have recently announced an extension of their partnership designed to help the EV automaker avoid a potential shortage of its only model, the Roadster.

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Tesla was facing at least a one-year hiatus in Roadster production,mostly because oftooling changes at one of its suppliers. In order to help bridge the gap, Tesla approached Lotus about extending the initial production run. As a result, the Lotus factory in Hethel, England, will continue to assemble the Roadster through December of 2011, ultimately producing another 700 cars for a total of 2,400 units. The move will help Tesla fulfill Roadster orders between 2011 and 2012.

As has always been the case, Lotus will continue to produce “gliders” for Tesla. Roadsters are shipped from Hethel to Tesla’s facility in Menlo Park, California, where the batteries, motor, and other powertrain components are installed as part of final assembly.

Although the company will eventually take a break in Roadster production to focus on launching its Model S electric sedan, the Roadster won’t fade into the background. Tesla plans on launching a revised Roadster most likely based on the next-generation Elise, but only after the Model S makes its way into production, which Tesla is targeting for sometime 2012. Of course, they’re going to need to find a factory, first…

Source: Reuters

By Andrew Peterson

Tesla Expected to Take First Quarter 2013 Plug-In Sales Lead – Rumor Central

Tesla Expected to Take First Quarter 2013 Plug-In Sales Lead

The first models that come to mind for mass-market plug-in vehicles are probably the Chevrolet Volt, Nissan Leaf, and more lately, the Ford Fusion and C-Max Energi. But the best-selling plug-in vehicle for the first quarter of 2013 is expected to be our 2013 Automobile of the Year, the Tesla Model S. Bloomberg reports that the company will reveal the sales results as part of their official sales and financial report to be released on May 8.

Tesla is expected to report 4750 deliveries of the Model S when it releases first-quarter sales and financial results. The Volt sold 4421 units and the leaf sold 3695 units in the same period. This accomplishment follows the company’s earlier announcement of a new fleet of loaner vehicles and a “no-fault” battery warranty, as well as the expectation it will post its first-ever quarterly profit.

General Motors spokesperson Jim Cain lauded Tesla’s apparent victory, saying, “Any success for a company in this space is helpful for all other makers of plug-in vehicles.”

Although the Model S has taken the lead for this quarter, both the Volt and the Leaf have been on-sale longer than the Model S, and have more affordable starting prices than the premium Model S, which can crest six figures in top-of-the-line trim. Despite Tesla’s apparent successes, many auto industry analysts remain skeptical of the company’s long-term viability.

Source: Bloomberg




By Edward A. Sanchez