Is This The Tesla Killer?

Is This The Tesla Killer?:

We all know the story behind Fisker, it was one of the world’s first plug-in hybrid electric vehicles in 2008, and even had a legal spat between Tesla, but shortly after in 2012 the company crashed and burned in bankruptcy. Last year, Henrik Fisker decided to relaunch his brand. He thought that one failure wasn’t enough—-just like Elon Musk’s SpaceX rockets. During Fisker’s relaunch, he made a shocking comment that caught the attention of Musk and it was on the claims of a new breakthrough in battery technology using graphene-based hybrid material that would revolutionize battery storage and make Musk’s batteries appear obsolete.

Thirteen months passed, and Musk wrote off Fisker’s claims, as Musk decided to focus on other things like his Boring company. That might of been Musk’s fatal flaw, because Fisker just came out and dropped a bombshell on the electric vehicle (EV) industry: ‘New Fisker Batteries 2.5x Density, 500 Miles Per Charge & Charging in 1 Minute’..

Musk will shortly developed uncontrollable convulsions with the understanding his Gigafactory producing thin-film lithium batteries could be obsolete.

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Amid Management Exodus, Tesla Fires Hundreds Of Workers

Amid Management Exodus, Tesla Fires Hundreds Of Workers:

In an absurd demonstration of Musk’s bizarre management style, the company said the mass terminations have “generally boosted worker morale”, as high-performing employees have been rewarded; it was unclear what the up to 700 layoffs, pardon, exit events did to worker morale.

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Elon Musk Magically Extends the Battery Life of Tesla Vehicles Fleeing Hurricane Irma

Magic!

Elon Musk Magically Extends Battery Life Of Teslas Fleeing Irma:

In what is either a generous act of charity or an unnerving example of the control Tesla exercises over the vehicles it producers, or perhaps both, Tesla CEO Elon Musk has magically unlocked the batteries of every Tesla in Florida to maximize the distance that people fleeing from Hurricane Irma can travel before stopping to refuel at one of the company’s “superstation” charging centers.

Typically, these types of over-the-air upgrades can cost thousands – if not tens of thousands – of dollars.

Read moreElon Musk Magically Extends the Battery Life of Tesla Vehicles Fleeing Hurricane Irma

Tesla Ignores Q2 Record Cash Burn And Slashes Its Model X And Model S Prices

Tesla Ignores Q2 Record Cash Burn And Slashes Its Model X And Model S Prices:

So what do you do when you’ve just burned through a record $1.2 billion of cash in one quarter, expect to burn an additional $2 billion in capex in the second half of the year and haven’t a prayer of generating positive earnings at any point in the near future?  Well, you slash your product prices, of course.

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Government “Flabbergasted” After Elon Musk’s Most Bizarre Claim Yet

Government “Flabbergasted” After Elon Musk’s Most Bizarre Claim Yet:

Musk:  “Just received verbal govt approval for The Boring Company to build an underground NY-Phil-Balt-DC Hyperloop. NY-DC in 29 mins.”NYC:  “This is news to City Hall.”

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Tesla Stock Slips After German Watchdog Warns Self-Driving Cars Unsafe

Tesla Stock Slips After German Watchdog Warns Self-Driving Cars Unsafe:

Tesla stock price is extending its declines from yesterday’s tumble after reports that Tesla’s first generation self-driving cars may not be safe on public roads, the German central vehicle inspection agency said, according to a report in Handelsblatt.

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It’s Confirmed: Without Government Subsidies, Tesla Sales Implode

It’s Confirmed: Without Government Subsidies, Tesla Sales Implode:

In 2015 Tesla sold a total of 2,738 cars in Denmark. In 2016 – when Denmark phased out subsidies for electric vehicles – the number crashed by 94% to just 176 units.

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