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Tesla's story about a grand Gigafactory partnership never made sense. I'll examine why no rational firm would ever enter such a partnership. Meanwhile, it's the wedding anniversary of Tesla and the State of Nevada. They tied their Incentive Agreement ... More »
Tesla purchased SolarCity in November 2016 by issuing about 12 million shares of stock with a market value of about $2.1 billion. Public financial reporting by SolarCity has been discontinued. However, it's possible to make estimates of SolarCity's ... More »
Is there demand for 500,000 Model 3s per year? No, probably more like 1.1 million. And that's conservative. The Model Y should bump up Tesla's total demand to 2.3 million cars per year. Rapidly scaling manufacturing will make Tesla essentially ... More »
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