Tesla Shareholders

01/27/2021

*/ The first master plan that I wrote 10 years ago is now in the final stages of completion. It wasn't all that complicated and basically consisted of:

09/22/2020

09/21/2019

Ellison repeatedly asserted that Tesla could roll out a ride-sharing service with autonomous cars priced two-thirds below what Uber (UBER) charges, while ensuring people arrive at their destinations safely. He noted how remarkable it is that the Federal Aviation Administration can ground the Boeing 737 Max, in which two accidents killed a few hundred people, while human-driven cars kill 30,000 people a year and not much changes.

“We can save tens of thousands of lives in this country,” with autonomous cars, he said, adding that drivers are even worse in other places. “Go to Rome.” (He then shared an anecdote about a taxi ride along Italy’s Amalfi Coast with Steve Jobs in which he was convinced the driver was going to go off a cliff.)

On the value of WeWork and Uber:

Ellison emphasized that SoftBank CEO Masayoshi Son is a close friend. But he thinks that WeWork and Uber —two of the largest positions in the SoftBank Vision Fund—are “almost worthless.” He said Uber raises capital to gain market share, but that the business they secure is not sticky. He noted that Uber doesn’t own its cars, doesn’t control their drivers, and “they have an app my cat could have written.”

At 75, the Oracle founder still has strong views on just about everything. Here’s what he recently had to say about his friendship with Elon Musk, artificial intelligence, the FAA, and much more.

08/30/2019

08/30/2019

As for cost, Model 3 is the clear winner. The Standard Range Plus version that they bought is a little more expensive at ~$41,000, but they expect gas savings of about $6,000 per year, which means that the Model 3 will almost pay for itself over its lifetime (they expect six years as a police vehicle).

Bertram also expects significant maintenance savings with the Model 3.

They have now completed the conversion of the first Model 3 into a patrol car:

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They are planning to add four more Model 3 vehicles to the fleet to replace their gas-guzzling Dodge Chargers.

The Bargersville Police Department says that it needs to hire more officers, and they plan to use all the money from the gas savings to do that.

Furthermore, they also noted other less obvious benefits, like the silent drivetrain enabling officers to more easily get the jump on people, and the Tesla app enabling them to start climate control remotely in the winter.

The Bargersville, Indiana, Police Department is updating its fleet to Tesla Model 3s after they figured out that they will save a lot of money on gas, and that the Tesla Model 3s don’t compromise performance compared to the Dodge Chargers. We are starting to see Tesla vehicles becoming quite popul...

08/28/2019

Starting today, we’re launching Tesla Insurance, a competitively priced insurance offering designed to provide Tesla owners with up to 20% lower rates, and in some cases as much as 30%. Tesla Insurance offers comprehensive coverage and claims management to support our customers in California, and ...

08/26/2019

Model 3 production is starting in Giga 3