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Tesla CEO: VW cheating isn’t the real auto industry scandal

To say that Elon Musk is ambitious would be, perhaps, the most gross understatement in the history of the term.

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“We were delighted to host Prime Minister Modi at the Tesla Factory”, he said yesterday. Consider this, Tesla is ushering in a quiet revolution in the United States and elsewhere in green technology. “We’re (a vehicle company) the size of a mouse (that gets) the press of an elephant”. Besides, once the factory is fully ready and operational, it is expected to produce $35K electric cars which Tesla believes will revolutionize the world of EVs forever.

All vehicles must accept a high rate of charge to reduce charge times (The Model S has the capacity to charge at up to 120-135 kW).

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 Organization designs, develops, manufactures and sells electric vehicle powertrain parts to other automotive manufacturers.

Tesla has not had it easy, the Model X is more than a year behind schedule and numerous people interested are getting exhausted of waiting. Robert W. Baird upped their price target on Tesla Motors from $275.00 to $335.00 and gave the company an outperform rating in a research report on Monday, June 8th.

Tesla may also be able to collaborate with Apple in the future, and Musk claimed this week that a non-German European automaker contacted Tesla about using the company’s Supercharger network in the future. This is according to the 12 analysts polled by Zacks which are taken into account to arrive at the average.

“You have to look at the profile of Tesla customers”, said Karl Brauer, senior analyst at the Kelley Blue Book auto information service.

We have had our issues with Tesla and the Air Resources Board.

Another interesting discussion during the interview is about Musk’s philosophy for his company. Of course, how serious those challenges are and whether or not they come into play here is unknown to pretty much everyone outside of Tesla, and heck, even Elon may not have a sense of how things will progress on that front.

Currently, there are already more than 31,000 Tesla Model X reservations outstanding.

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Tesla Motors, Inc. (NASDAQ:TSLA) most recently posted earnings of $-0.82 per share for their fiscal quarter which closed on 2015-06-30. It is a US$ 2,000 option for the 60 kWh version. A battery swap can take as little as 90 seconds in the Model S. Tesla’s first battery swap station is located at Harris Ranch, California, and is operational as of December 22, 2014.

Tesla Tilburg Factory