Tesla

According to Bloomberg, of the 54 projects they have tracked since Tesla’s inception, Musk has been late on 21 (or 40%). These continual misses fuel an inaccurate narrative that the company can’t execute and may not survive. In our view,…

Consumer Reports reviewed Tesla’s Model 3 for the first time and the car did not earn its recommendation. The review was critical of the Model 3’s inconsistent braking, complex user controls, unsupportive rear seats, and highway noise. Elon Musk tweeted…

It has been a tough day for Tesla. Shares opened down 5% and drifted lower throughout the day after Wednesday night’s circus disguised as an earnings call. On the call, Tesla provided incrementally negative commentary regarding Model 3 profitability. As believers…

Tesla reported its Mar-18 quarterly results after the market closed on Wednesday and it’s clear that investors are having trouble seeing the forest through the trees. The company maintained its previous target of exiting the Jun-18 quarter at a run…

An “internal” email written by Musk was leaked today with details around how Tesla can hit Model 3 production goals for the June quarter and measures to increase profitability and internal efficiency. This makes us more confident in Tesla’s ability to…

This is the 4th in a series of notes based on our deep dive into computer perception for autonomous vehicles. Autonomy is a question of when? not if? In this series, we’ll outline our thoughts on the key components that will…

While Tesla missed their original Model 3 production goal (exiting Mar-18 at 2,000 per week vs guidance of 2,500), the miss was not as severe as investors were expecting.  Importantly, Tesla doubled the Model 3 production run rate in Mar-18 over…

This is the third in a series of notes based on our deep dive into computer perception for autonomous vehicles. Autonomy is a question of when? not if? In this series, we’ll outline our thoughts on the key components that will…

Tesla announced a recall this afternoon on 123,000 (built before April 2016) Model S sedans over a potential power steering issue. Tesla has had other recalls. In 2017 the company recalled 53,000 Model S and Model Xs over a parking brake…

We are bracing for another Model 3 production miss. This will be the third time in as many quarters that Model 3 production has fallen short of expectations. We believe the Model 3 production run rate exiting the March quarter…

Market decline does not change the mega growth opportunities. The heart rate of the market increased the past week because of fears of a trade war, Facebook data privacy, and broken market technicals, but the health of the market is…

We were set to publish a note on targets from major automakers to ramp production of electric and autonomous vehicles when we heard the news from Tempe.  Regardless of who was responsible, it’s a tragic reminder about the dangers of road…