Tesla Semi, all-electric trucks get scathing criticism from auto tech expert


The Tesla Semi might be receiving a lot of interest from companies and the electric vehicle community as a whole, but an automotive technology expert from Germany is not that impressed. In a statement, Chair of Automotive Engineering at the Technical University of Munich Markus Lienkamp criticized all-electric trucks like the Tesla Semi, stating that such vehicles are pretty much pointless in the economic and ecological sense.

“The battery for a Tesla Semi must have a capacity of about 1000 kWh, per 100 kilometers about 130 kilowatt-hours. This is technically not easily feasible and it’s also pointless both economically and ecologically,” he said.

Lienkamp’s scathing criticism comes on the heels of a study from Transport and Environment, a consortium of European environmental organizations that conducted a study comparing the energy consumption and environmental costs of conventional diesel trucks and their all-electric counterparts. Two diesel trucks were used for the study: one with an average consumption of 33 liters per 100 kilometers (around 7 mpg) and a more aerodynamic truck with a consumption of 22 liters per 100 km (10.69 mpg).

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The results of Transport and Environment’s study found that diesel trucks consume between 2.2-3.3 kilowatt-hours per kilometer, far above the consumption of an average electric truck, which requires 1.44 kWh per km. Electric vehicles that are designed from the ground up for maximum efficiency such as the Tesla Semi require just 1.15 kWh per km. The study’s authors concluded that overall, using all-electric trucks reduces energy consumption by a factor of 1.5-2.9.

All-electric trucks surpass diesel trucks in terms of efficiency as well. The study revealed that a diesel truck engine has an efficiency of 20-45% on long-haul routes and a measly 10% in city traffic. In comparison, electric trucks have a 90% efficiency for long routes and 75% in urban traffic. Lienkamp is not convinced, arguing that the source of the electricity used by vehicles like the Tesla Semi affects efficiency.

“The efficiency of the electricity mix used for the truck battery is important. If the energy comes from a gas-fired power plant, for example, the overall efficiency quickly drops back to 40%. If, on the other hand, 80% to 90% of the electricity comes from renewable sources, as planned in the EU for 2040, long-distance trucks would be attractive from an ecological point of view,” he said.

Tesla Semi hauling Tesla Model 3 and X. | Credit: Tesla

The authors of the study maintained that electric trucks are cheaper to repair and maintain simply because they have fewer moving parts. Even brakes will rarely need replacing, thanks to systems like regenerative braking. While these are compelling advantages, Lienkamp stated that “for distances of 500 kilometers and beyond, battery-powered trucks simply won’t make any economic sense until 2030,” adding “with electric vehicles, the cost of trying to reduce CO2 levels is simply too high.”

It should be noted that the Tesla Semi, at least in its upcoming iteration, is not designed to enter the long-haul market that is dominated by trucks that can go over 1,000 miles in one full tank. Rather, the Tesla Semi is designed to compete in short-range routes that range from 300-500 miles. From this perspective, it becomes difficult to argue against the Tesla Semi.

The Tesla Semi is a Class 8 truck, and with its four Model 3-derived electric motors, the all-electric long-hauler is capable of sprinting from 0-60 mph in just 5 seconds without a trailer. With a full load, the Semi can reach highway speeds in 20 seconds, far quicker than conventional diesel trucks. The Tesla Semi is currently undergoing real-world tests, in preparation for its production, which is expected to start either this year or sometime in 2020.

Tesla Semi, all-electric trucks get scathing criticism from auto tech expert


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Tesla (TSLA) gets optimistic outlook from analyst after Model 3 test drive


Tesla stock (NASDAQ:TSLA) is getting a vote of confidence from Wall St. following its massive delivery push during the end of the first quarter. In a recent note, Canaccord Genuity analyst Jed Dorsheimer pointed out that the Model 3, particularly its most affordable variants, could become one of the best-value vehicles available in the market today.

Dorsheimer’s note was published following a visit to Tesla’s Fremont factory, where he was given the opportunity to drive the Standard Plus Model 3. Presently starting at $37,500 before savings, the Standard Plus Model 3 is one step up from the $35,000 version, offering an improved interior, 240 miles of range, a 140 mph top speed, and a 0-60 mph time of 5.3 seconds. Dorsheimer was impressed with the vehicle during his test drive.

“This introduction and the consumer response to the quantum leap forward in performance will capture the lion-share of current EV offerings. With the performance of a 911 and the price of an Audi A4 or BMW 3 series, we see the Model 3 as the best value proposition currently on the market today,” the analyst wrote.

Following his visit to the Fremont factory, Dorsheimer maintained a “Buy” rating for Tesla stock, as well as a price target of $450 per share.

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Apart from the Canaccord analyst, Tesla shares have also received a vote of optimism from Wedbush Securities managing director Dan Ives. In a recent appearance in Bloomberg Technology, the analyst noted that while the first quarter could present some white-knuckle moments for Tesla due to Model 3 delivery delays in Europe and China, the company could see stronger demand for its vehicles in the near future.

“Production continues to be, as we’ve talked about our visits to Giga and Fremont, I think production is obviously ramping to a point we feel very comfortable with. It’s now more of a demand story… We continue to think (in the) second half of the year, demand looks a lot stronger, but this is sort of a white-knuckle period going into this 1Q” Ives said.

All eyes are now on Tesla as it prepares to release its first-quarter vehicle production and delivery report. Signs from Elon Musk seems to hint at the company doing better than expected, with the CEO proving lighthearted and generally relaxed over the final weekend of March. In between fun, self-deprecating, goofy tweets, Musk made it a point to highlight the efforts of the Tesla team in Europe and China, both of which continued vehicle deliveries all the way until the end of the quarter. Musk also tweeted specifically about the Tesla Semi’s production, stating that he is excited to bring the all-electric long-hauler to market.

As of writing, Tesla stock is trading -0.85% at $286.72.

Disclosure: I have no ownership in shares of TSLA and have no plans to initiate any positions within 72 hours.

Tesla (TSLA) gets optimistic outlook from analyst after Model 3 test drive


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Tesla Model 3 gets walked ‘like a pet’ in impressive advanced Summon demo


A group of Tesla owners was recently graced with a demo of what could very well be an upcoming improvement for Summon that has been hinted at by Elon Musk in the past. In the short demonstration, a Tesla Model 3 was shown following its operator around a parking lot like a pet, despite its operator changing locations multiple times.

A footage of the demo was recently shared on YouTube by Tesla owner Melinda VerMeer of the Portland Tesla Owners Club. The demo started off like other footage of Enhanced Summon, with the Model 3 taking itself out of a parking spot. After this, the vehicle headed to the location of its operator, who proceeded to move from one spot in the parking lot to the other. Impressively, the electric sedan performed necessary adjustments while it was being Summoned; backing up, avoiding a curb, and making rather complicated driving maneuvers on its own to “follow” its operator.

Seeing the feature in action, it is difficult to not relate the demo to Elon Musk’s mention of Summon improvements that will allow owners to walk their vehicles “like a pet.” Musk mentioned the feature on Twitter back in October. “Car will drive to your phone location & follow you like a pet if you hold down Summon button on Tesla app,” Musk wrote.

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What is rather interesting about the recently captured footage is that the Model 3 seemed to react quickly whenever its operator moved around. Save for a strange maneuver that saw the Model 3 drive in reverse for a considerable distance to reach its operator, the improved Summon feature already seems quite refined and nearly ready for release.

Elon Musk mentioned a number of improvements for Summon when he posted about the feature last year. Apart from giving electric car owners the capability to walk their vehicles like a pet, Musk also mentioned a “remote control mode” that will allow drivers to operate their vehicles like a giant RC car. Perhaps a demo of “remote control mode” would come soon after? One can hope.

The present iteration of Summon uses the electric cars’ Autopilot cameras instead of the ultrasonic sensors that were utilized in the feature’s initial iterations. This strategy follows Elon Musk’s stance on full self-driving technologies, which suggests that artificial intelligence and cameras could be used as a primary means to navigate. Using this system, Musk noted that in the near future, a Tesla electric car “should be able to drive around a parking lot, find an empty spot, read signs to confirm it’s valid & park.”

Tesla is currently starting the rollout of Enhanced Summon to the first batch of owners. The feature is being introduced together with no-stalk confirmation Navigate on Autopilot, which is currently listed by Tesla as part of its full self-driving suite. A wide release for Enhanced Summon and no-confirmation Navigate on Autopilot will likely transpire within the coming weeks, after the company addresses bugs and other issues that are reported by the first batch of owners who received the new features.

Watch the brief demo of Tesla’s advanced Summon in the video below.

Tesla Model 3 gets walked ‘like a pet’ in impressive advanced Summon demo


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Tesla ‘downsizes’ retail store presence in April Fools joke


A Tesla store at Ross Park Mall in Pittsburgh, PA is showing off its sense of humor through a cool April Fools’ joke. In what could only be described as a “downsizing” strategy, the store’s employees have opted to display a particularly unique vehicle front and center: a Tesla Model S.

There’s only one caveat. It’s not the full-sized Model S. Rather, the Tesla store has placed a Radio Flyer Model S for Kids as its primary display. Visitors to the store should note that the display unit is a pre-facelift model, and thus, it still has the first-gen Model S’ front grille.

Tesla community member u/Chipmunks95 from the r/TeslaMotors subreddit was able to capture an image of the downsized Model S in the store. The electric car enthusiast did not mention if the store’s employees allowed visitors to sit in the rather small, one-seater all-electric car. It is also unknown if the store’s staff gave visitors a walkthrough of the display vehicle’s features as well.

A Tesla store’s clever April Fools Model S display. (Photo: Chipmunks95/Reddit)
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While an April Fools joke, the Tesla Model S for Kids from Radio Flyer is actually a pretty powerful little electric car, just like the vehicle it is based on. The late, great Verne Troyer reviewed a red unit back in Christmas 2017, and in his video, the actor-comedian described the vehicle as a “beast” since it allowed him to drive like a “speed demon.” Just like the April Fools display on the Tesla store at Ross Park Mall, Verne’s Model S was also a pre-facelift unit.

Tesla is a pretty fun company to begin with, and it’s no surprise that they has a pretty cool sense of humor. This was particularly prominent on April 1, 2015, when Tesla released a video showcasing a Model S and its “Ticket Avoidance Mode,” where the vehicle was depicted running away from a traffic op using its Autopilot system. The hilarious April Fools video has been viewed over 8 million times on YouTube since then.

Of course, no Tesla April Fools joke has caused a bigger reaction among Tesla skeptics than Elon Musk’s post last April 1, 2018, when he tweeted an image depicting himself passed out while holding a cardboard box with the words “Bankwupt!” written on it. Musk’s tweet resulted in even more attacks from critics then (and a lot of shaking heads from Wall St), particularly as the tweet was posted during the height of the Model 3 ramp’s production hell.

And now for a classic:

Tesla ‘downsizes’ retail store presence in April Fools joke


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Tesla Model 3 tsunami pushes Norway’s electric car sales to record levels


An announcement from the Norwegian Road Federation (NRF) has revealed that nearly 60% of all vehicles sold in Norway last month were all-electric, setting a new record for EV sales in the country. Behind this historic milestone is the arrival of a sedan that was designed to disrupt the auto industry: the Tesla Model 3.

Norway registered 10,316 electric vehicles in March, comprising 58.4% of all car sales in the month. This was the first time that EVs accounted for more than 50% of all auto sales in the country. The market share of all-electric cars in the first quarter was also the highest recorded at 48.4%.

What is rather remarkable about Norway’s EV sales record was that it was largely driven by the Tesla Model 3, which set a new benchmark for competing electric car makers by selling 5,315 vehicles in March. That’s far above the previous record held by the Nissan Leaf, which sold 2,172 units in one month last year.

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More than 18,000 cars were registered in Norway on March, over 10,000 of which were electric vehicles. From this number, 5,822 were Tesla Model S, Model 3, and Model X. This means that in March, Tesla accounted for over 31% of Norway’s car sales, or one in every three vehicles. For a 15-year-old carmaker, such a feat is incredibly impressive.

Granted, Norway is but a small country, and its sales will likely pale in comparison to the numbers that will be produced by territories like China. Nevertheless, Tesla’s Model 3-driven milestone carries a lot of significance, as it all but proves that demand for the electric sedan is significant in territories beyond the United States.

Among the most prominent bear thesis against Tesla this first quarter was the assumption that demand for its vehicles has weakened significantly. Last week alone, RBC analyst Joseph Spak reduced his price target on Tesla stock (NASDAQ:TSLA) by $35 to $210 over what be cited as “meager demand” for the Model 3. Norway’s March figures are a direct rebuttal of this assumption, as it shows that it is far too early to discount the demand for the Model 3, at least until the vehicle gets a chance to compete in the international market.

Norway’s EV sales records in March also proved that it is possible to quickly and aggressively adopt electric transportation. Secretary-General Christina Bu of the Norwegian EV Association highlighted this point in a statement to news agency Elbil.no.

“Norway has every reason to be proud of breaking more BEV records. The BEV policy is working so well that the larger part of consumers opts for a BEV when buying a new car. Norway shows the whole world that fully electric cars can replace petrol and diesel cars and become an important contribution to combat CO2 emissions, as well as relieving local air from other harmful gases caused by burning fossil fuels,” Bu said.

Norway’s milestone is a victory for Tesla, whose parimary mission as frequently noted by Elon Musk is to accelerate the transition of the world to sustainable energy. Encouraging the transportation sector to adopt electric cars is a valuable component of this goal, and with Norway’s March sales numbers, the country and the carmaker have proved such a goal is not too far-fetched. All it takes is open support for EVs and an electric car that is better than its gasoline counterparts in every way.

Tesla Model 3 tsunami pushes Norway’s electric car sales to record levels


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Tesla ranks among best companies for LGBTQ workers in 2019 Corporate Equality Index


The results of the Human Rights Campaign (HRC) Foundation’s 2019 Corporate Equality Index (CEI) are in, and Tesla is listed once more among the best companies for LGBTQ workers in the United States. Tesla’s rankings in the 2019 CEI marks the fifth time that the electric car maker has been lauded by the HRC.

The HRC Foundation’s CEI report analyzes how the country’s leading companies are advancing policies and practices to protect and help workers that are members of the lesbian, gay, bisexual, transgender and queer (LGBTQ) community. This year, 571 businesses earned a perfect 100 score in CEI’s rankings. These companies were designated by the HRC Foundation as Best Place to Work for LGBTQ Equality for their efforts on behalf of their LGBTQ workers. Tesla is among these companies.

In an announcement, HRC President Chad Griffin noted that businesses which are adopting LBGTQ-friendly policies and initiatives are not only helping their local workers in the United States; they are also making it a lot easier for LGBTQ employees who work offshore. This is true for companies such as Tesla, which employs a team of employees that span multiple countries across the globe.

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“The top-scoring companies on this year’s CEI are not only establishing policies that affirm and include employees here in the United States, they are applying these policies to their global operations and impacting millions of people beyond our shores. Many of these companies have also become vocal advocates for equality in the public square, including the dozens that have signed on to amicus briefs in vital Supreme Court cases and the more than 170 that have joined HRC’s Business Coalition for the Equality Act. Time and again, leading American businesses have shown that protecting their employees and customers from discrimination isn’t just the right thing to do — it’s also good for business,” Griffin said.

Tesla scored a perfect rating in several key metrics of the CEI. Among these include equal health coverage for transgender individuals, equivalency in same and different-sex spousal medical and soft benefits, and policies that actively prohibit the discrimination of employees based on their gender orientation. Tesla also received a perfect score for using suppliers that are owned by individuals that are members of the LGBTQ community.

Tesla and Elon Musk have always been supportive of the LGBTQ community. This was highlighted last year when Elon Musk bluntly shut down a Twitter user who complained about Tesla’s participation in a Pride Parade. Musk was quick to issue a rebuttal, telling the homophobic Twitter user that “you will really hate that Tesla scored 100/100 four years in a row on LGBTQ equality.” Musk added an extra takedown for good measure, writing “Don’t buy our car if that’s a problem. People should be free to live their lives where their heart takes them” in another response. The homophobic user’s offending tweet was subsequently deleted.

The HRC Foundation’s full 2019 CEI report could be accessed here.

Tesla ranks among best companies for LGBTQ workers in 2019 Corporate Equality Index


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Tesla Sentry Mode catches deliberate attack against Model 3, vandal arrested


A Tesla Model 3 owner is thanking the video recording capabilities of Sentry Mode after it captured a shocking act of vandalism against his electric car. As could be seen in footage from the security feature, a woman stealthily yet aggressively keyed the Model 3 as she was ushering her children inside a Dodge Journey SUV, resulting in deep scratches to the vehicle’s body panels.

A short clip of the incident was shared on YouTube by Rafael “Teslatino“ Santoni, who noted in a conversation with Teslarati that while the incident definitely appeared premeditated, the Model 3 owner could not determine the lady’s motivation for the attack. The damage from the incident was quoted at $900 in repair costs by a third-party body shop.

Fortunately for the Model 3 owner, the footage from Sentry Mode was able to capture the entire incident, and it featured a clear shot of the woman’s face. With her identity determined, the attack was promptly reported to the police, who later arrested the woman on vandalism charges. It remains to be seen if she will be required to pay for the damages she caused to the Model 3.

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Perhaps more remarkable was that the Tesla owner seemed to have had an inkling that his vehicle was about to get vandalized. A day before the attack, the Model 3 owner found a small yet worrisome scratch on his car, which resulted in him rushing to a store to purchase a 32 GB memory stick. When he parked his vehicle on a Friday, he made sure that Sentry Mode was active. As it turned out, the Tesla owner’s intuition was correct.

Tesla’s Sentry Mode uses the electric cars’ suite of cameras to record footage around the vehicle. Once activated, Sentry Mode enters its Standby state, where it monitors the electric car’s surroundings. Following this is the Alert state, where the vehicle displays a warning on its screen that states footage is being recorded. In the event of a break-in, Sentry Mode enters the Alarm state, where it blares music at maximum volume while engaging the vehicle’s lights in an attempt to attract attention.

While remarkable for their technology and performance, Tesla’s electric vehicles remain polarizing to some groups of people. Attacks on Teslas have been recorded in the past, including a road rage incident against a Model 3 that resulted in an instant karma crash, as well as an unfortunate incident involving vandals and a Supercharger. Some electric car owners have also found themselves becoming victim to acts colloquially known as ICE-ing, which refers to gas-powered cars (intentionally or unintentionally) blocking access to charging stations.

Watch a vandal attack a Tesla Model 3 in the video below.

Tesla Sentry Mode catches deliberate attack against Model 3, vandal arrested


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Video of Tesla Semi effortlessly pulling Model 3 cargo is a glimpse at the future of deliveries


Tesla’s Semi Truck is nearing production readiness, and a new video showing the long hauler transporting its brethren Model S, Model 3, and Model X all-electric vehicles demonstrate the company’s continued commitment to its development.

A photo of the Tesla Semi truck with its full trailer attachment was first teased by CEO Elon Musk on Twitter, but the seemingly effortless, acceleration of the massive truck despite a heavy cargo load can only really be appreciated when seen in action.

A Model S camera car is seen following close behind as the Semi Truck leaves the frame, indicating that a full production video is likely to be forthcoming.

via Gfycat

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Utilizing the Tesla Semi truck for delivery of its all-electric vehicles will allow the company to come full circle on its sustainable energy goals, as it relates to shipping and logistics. Musk has said in the past that Tesla intends to produce its own cargo carriers for vehicle deliveries, but is currently purchasing trucks and trailers to help satisfy increasing demand.

Sightings of Tesla Semi test mules have been somewhat frequent since its November 2017 unveiling, indicating that progress has still been ongoing for the hauler despite the company’s main priority to expand into the consumer car market. Elon Musk acknowledged the impact its other commitments have had on the California-based company’s efforts.

We’ve been so mired in production & logistics for past 18 months. Really looking fwd to getting Semi into production,” he said via Twitter.

Tesla Semi hauling Tesla Model S, 3, and X cars. | Credit: Tesla

The Model 3 created a sales surge which manifested into a production and logistics “hell” for the all-electric car maker. However, lessons learned from that struggle will likely carry into a smoother future for its Semi manufacturing efforts. The initial time frame for production of the Tesla Semi is sometime this year, as predicted by Musk.

RELATED: Tesla adds Semi truck diecast toy in 1:24 scale to its online store

Test drive events have also been offered to some Tesla Semi reservation holders, providing valuable feedback from the industry that it hopes to win over.

Once the Tesla Semi is in customers’ hands and on the road, it has the potential to be a true disruptor in the trucking industry. Its stats, for one, are certainly desirable: 0-60 mph in 5 seconds, 500+ mile battery range supplemented by a “Megacharger” network, autonomous convoy technology, unparalleled visibility, and 80,000 lb load capacity.

Savings of $200k in fuel per one million miles driven makes the financial case for conversion from diesel-powered haulers to the all-electric Tesla Semi. Competitors with alternative energy powerhouses are beginning to pop up, Nikola Motor Company being one, but for now, Tesla is taking the lead and will potentially have the upper hand in the industry for a notable amount of time.

Video of Tesla Semi effortlessly pulling Model 3 cargo is a glimpse at the future of deliveries


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Tesla Model S makes it home after dramatic transatlantic theft and rescue


When Soby of Evoto Rentals handed the key fob of one of the company’s Tesla Model S to a client that booked and paid for the electric car in advance, the businessman did not realize that it would mark the start of a long, arduous pursuit that would take the vehicle from the shipping yards of Montreal, Canada, to the shores of Italy. With its web of intrigue, near-misses, and a dramatic rescue, the story of Evoto Rentals’ stolen Model S could very well be one of the most compelling Tesla tales that has emerged to date.

A Booking Gone Wrong

It all started with a seemingly innocent booking. The client appeared to be a regular customer that merely wished to rent a Model S for a week. Everything seemed fine when the car was being booked. The deposit went through, and the entire rental fee was paid through a credit card. The customer drove off, and the electric car rental company thought that it was business as usual.

Things started to get strange. Monitoring the Model S through GPS, the businessman was a bit surprised to see the customer parking the premium electric car at a container packing company located on the outskirts of Montreal. The car stayed in the same location for 48 hours, and then the triangle representing the vehicle turned gray. With red flags all over the situation, the businessman tried emailing and calling the client, before realizing that the email address provided was a throwaway and the mobile number was from a burner phone.

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The Escape

The businessman promptly reported the incident to the police, but the police explained that the circumstances were a civil matter since Evoto had rented the vehicle to the client. The police also commented that car thefts were low on their priority, so it might take a couple of months before a judge could look into the incident. Evoto Rentals would also be required to show proof that it attempted to contact the client after the rental period was over, such as physical letters sent by registered mail to the customer’s address.

The businessman opted to ring up the company’s lawyer and Tesla, both of whom advised against waiting as the vehicle could be shipped overseas. The electric car rental company hired a private investigator to scout the last known location of the vehicle, who was able to get some information about the nature of the cargo packing firm’s activities. Thanks to some help from Evoto’s lawyer, a search warrant from the police was secured, and the packing company’s site was searched.

The packing company claimed innocence, arguing that they believed the Tesla Model S was just another second-hand vehicle that was being shipped overseas. The company even provided camera footage to show the person who drove the electric car to the location. The contact information to the shipping company that was tasked to take the vehicles abroad was given as well. The shipping company was immediately called, but not long into the conversation, the businessman’s heart sank. The container that had Evoto’s Model S had just sailed towards the Middle East, and the vehicle was already in international waters.

The Rescue

With the pursuit of the Model S now extending far beyond Montreal, the EV rental company coordinated with the authorities to get INTERPOL involved. The ship was expected to have a layover in Italy, which presented an opportunity to retrieve the Tesla. This required some more paperwork to get the right authorities involved, as Evoto had to ask local police to make a request to the Royal Canadian Mounted Police (RCMP), who in turn created a request to INTERPOL, who, in turn, notified the Italian police to seize the ship when it arrived in the country. In a stroke of luck for Evoto, INTERPOL and the Italian police worked quickly, getting everything ready within a week.

The operation was a success, and the container carrying the stolen Model S was retrieved. As it turned out, the thieves cleverly declared that the container was filled with scrap metal so as not to arouse suspicion. When authorities opened the container, they did find scrap metal inside. But also inside the container was Evoto Rentals’ Tesla Model S, caked in dust, but miraculously undamaged from its harrowing ordeal.

Coming home

After more paperwork from the electric car rental company, the Tesla Model S was finally shipped home to Canada. Not including legal fees, Evoto ended up spending about US$21,000 to get their electric car back from Italy. Fortunately, most of the costs were covered by insurance. The stolen Model S finally made it home recently, where it was welcomed by the Evoto Rentals team.

While the theft of the vehicle was an emotionally draining ordeal, the businessman was nonetheless grateful for the help that Evoto received which made it possible to retrieve the stolen electric car. The EV rental company also gave particular thanks to Tesla for the electric car maker’s help, as well as the Model S’ technologies that made it easy to trace the vehicle’s location even after it left Montreal. The businessman learned a lesson too, as Evoto Rentals now conducts background checks for its clients before handing over a vehicle. A second GPS tracking system has also been installed on the company’s fleet of Model S, Model X, and Model 3.

Teslas are among the most challenging vehicles to steal. Fank Scafidi, director of public affairs at the National Insurance Crime Bureau, which crunched data from the Federal Bureau of Investigation’s National Crime Information Center, noted that 112 out of 115 stolen Teslas have been recovered from 2011 to May of 2018. “That’s about as good as it gets. I’m wondering if the thieves’ intellect might have been overwhelmed just sitting in a Tesla, much less figuring out how to operate it for any length of time,” he said. Apart from their tech, Teslas also have a suite of security features, including those that are introduced through a software update, such as Sentry Mode.

Tesla Model S makes it home after dramatic transatlantic theft and rescue


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GM refuses Tesla’s tax credit strategy, will adopt dealer-based ‘incentives’ instead


General Motors (GM) is now the second vehicle manufacturer to sell 200,000 electric cars, triggering a phaseout period for the $7,500 federal tax credit for electric vehicle buyers. To address the tax credit’s phaseout, GM has decided to favor new, non-specified “incentives” to keep its electric vehicles competitive.

“It is easier to react to the market by working with dealers and your marketing team than it is to change sticker prices,” GM spokesman Jim Cain commented on the issue, also noting that GM is “sensitive to affordability” in the electric car market.

GM’s reaction to the phaseout period of the $7,500 stands in stark contrast to that of Tesla. When the electric car maker reached the 200,000 threshold last July, the company quickly made its future buyers aware of the impact the federal tax credit phase out would have on their vehicle prices. The prices of its vehicles were promptly adjusted to buffer some of the increase brought about by the reduced federal tax credit, which was halved to $3,750. As could be seen in GM’s recent statement, it appears that the experienced American carmaker is not prepared to show this type of flexibility just yet. 

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Under the existing tax credit system for electric vehicles, buyers must wait until their annual taxes are complete before receiving the incentive. A new federal bill, dubbed the Electric CARS Act of 2018, was proposed last year to both extend the full $7,500 credit until 2028 regardless of the number of vehicles sold.

Under the proposed bill, electric car buyers would receive an immediate discount off of the car’s sticker price at the time of purchase. The bill is currently still being considered by the Ways and Means Committee. In California, a $2,500 local subsidy has backing from lawmakers to increase its amount to $4,500, a move meant to buffer the impact of a reduced federal credit.

Tesla exhibits its electric cars and energy products at the 2018 LA Auto Show. [Credit: Christian Prenzler/Teslarati]

Tesla’s introduction of the $35,000 Model 3 Standard Range has ushered in a new consumer market for the California-based company focused on affordability, as intended. Absorption of external costs looked to be a move aimed at keeping customers happy while delivery delays and manufacturing setbacks hindered buyers’ ability to take advantage of the tax credit.

Prior to the Model 3 Standard Range release, large auto manufacturers like GM produced the only affordable electric vehicle options. Tesla’s competitive pricing angle makes GM’s “incentive” strategy interesting, especially now that the hybrid Chevy Volt has ceased production following a 23% reduction in sales last year. GM is also ramping up production and sales efforts for the Chevy Bolt and has vowed to launch another 20 electric car models by 2023.

GM refuses Tesla’s tax credit strategy, will adopt dealer-based ‘incentives’ instead


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var disqus_title = «GM refuses Tesla’s tax credit strategy, will adopt dealer-based ‹incentives› instead»;
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