Tesla Motors Inc (NASDAQ:TSLA) is about to hit a major milestone in terms of Superchargers. The company has hit 47 Superchargers total. Tesla Superchargers allows Model S owners to travel free between cities along North America and Europe. They provide half a charge in around 20 minutes for a Model S vehicle and are strategically placed to let owners drive from station to station with minimal stops. The Superchargers are located at roadside stops and shopping centers to allow the driver to multitask.
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Tesla Motors Posts
As part of an effort to develop a solution to cut the special power fees associated with periods of highest demand, SolarCity is partnering with Tesla Motors on a new battery system. The batteries are about the size of a small fridge and the software can control when a building’s operations run on power from the solar array. The battery system is called DemandLogic and it will allow businesses to store electricity at times of highest demand.
Someone has used the digital cryptocurrency to buy a Tesla Model S electric vehicle. No cash was involved in the deal. Nick Jones of Lamborghini Newport Beach said that the car sold for 91.4 Bitcoins, according to DailyDot. The buyer sent the payment through Bitpay.
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Tesla Motors Inc (NASDAQ:TSLA) has invested millions of dollars to build five Supercharger stations for connecting the “Texas Triangle.” That project is now complete. Tesla Model S drivers can now drive freely between Austin, Houston, Dallas, and San Antonio. Tesla Motors Inc (NASDAQ:TSLA) said that they are also opening two Supercharger stations in Huntsville and Corsicana on November 26. Tesla Motors Inc (NASDAQ:TSLA) also said that these stations will complement other stations in San Marcos, Waco, and Columbus. It takes around 20 minutes to recharge half the battery of a Model S. The Model S has a range of 265 miles.
Tesla Motors Inc (NASDAQ:TSLA) said that he is confident that the Model S vehicle is safe and will be cleared by a federal investigation into two battery fires. Elon Musk said that he is confident that the Model S electric car is safe and will be cleared by a federal investigation into two battery fires.
Earlier this week, The National Highway Traffic Safety Administration (NHTSA) changed their guidelines on how car companies reference safety ratings. The NHTSA said that companies may no longer refer to safety ratings with decimal points or ratings above five stars.
George Blankenship was one of the top sales executives and retail store heads at Tesla Motors. However, he left earlier this month as per his LinkedIn profile. The San Jose Mercury News broke the news on Thursday about the management change. Blankenship was a former Apple VP that helped design the Apple retail stores. Now his job on LinkedIn says “Director of Smiles” and “Blankenship Family Planner.” He is now planning to spend more time with his family.
[Image Credit: Green Car Reports]
Tesla Motors Inc (NASDAQ:TSLA) stock has received a “hold” rating as restated by investment analysts at Robert W. Baird in a note that was issued to investors on Thursday, November 21st. Baird has a $187.00 price object on Tesla Motors Inc (NASDAQ:TSLA) stock.