Will Tesla Motors Inc (TSLA) Stock Rally Following Tesla Model X’s Launch?

There are fewer doubts that Model X will receive a warm welcome at the event, as the company has left no stone unturned to make improvements since 2012, when the concept was first announced.


The company delayed Model X launch several times, broken the promise of adding a feature in its upcoming Autopilot app that would allow Tesla owners to summon vehicle to their private property. Requiring a down payment of more than what some cars cost, it is promised to be delivered first and will come with special options. And, putting the cars themselves aside for the moment, VW could volunteer to help resolve the shortage of fast-charging stations, another weakness at the moment for the electrics market. And Tesla has not managed to achieve this on a mass scale as yet, despite the massive successes of the corporation.

CEO of Tesla, the electric auto manufacturer, Elon Musk, said that the company has high hopes for the Model X SUV which is scheduled to reach the customers by next month.

Elon Musk was interviewed on Thursday by the German Ministry for Economy and Energy at a conference entitled: Economy for Tomorrow.

Tesla Tidbits is a news roundup of all things Tesla related. I figured Tesla just hadn’t updated the text on the Model X page in a while, but given that reservation data is complicated and no fully public, I wondered if I was missing something.

The company is also busy working on their Gigafactory which is where the new and powerful batteries are being invented.

Tesla expects its Q3 deliveries to lag production by about 500 vehicles. That’s why he has vowed not to sue anyone using Tesla patents, as long as they are doing so in what he ambiguously calls “good faith”.

Musk was addressing a room full of Flemish and Belgian reporters when one asked him to weigh in on the recent Volkswagen scandal, in which the company rigged its cars to fraudulently pass emissions tests. This could be beneficial to both Tesla and Apple Inc.

Musk certainly didn’t miss the opportunity to comment on the Volkswagen situation, stating that he believed that the industry was generally failing to measure all of the appropriate environmental factors.

This kind of reaction from Musk isn’t actually surprising.

A Tesla Model X electric prototype automobile, produced by Tesla… Certainly at the time of writing it appears that the carmaker has pencilled this date into its schedule, and the latter years of the decade will unquestionably make a massive contribution to the electric vehicle marketplace. Tesla is building and selling more cars now than it did three years ago, but it still moves far less product in a year than General Motors does in a month in the U.S. alone. Stifel Nicolaus restated a buy rating and issued a $400.00 price objective on shares of Tesla Motors in a report on Wednesday, May 27th.


The Tilburg plant provides a European capacity of more than 20,000 cars a year, from a single shift, and the existing equipment – which was exported wholesale from the Fremont factory – can handle a second shift too. The sedan’s base price ranges from $70,000 to $105,000 depending on the size of the battery pack and the configuration of the drive train.

Elon Musk Opens First European Plant Says Random Diesel Tests Should Be