Tesla Inc. customers in California and several East Coast states sued the company over what they called unexpected and steep price hikes for the company’s Solar Roof product. Chief Executive Officer Elon Musk first unveiled the Solar Roof idea in the _…

https://www.netzerowatch.com/tesla-customers-sue-over-surprise-price-hikes-for-solar-energy/

The electricity shortage in Texas amid the cold snap has sent spot electricity prices soaring so much that the surge in power prices equals a cost of $900 for charging a Tesla. The typical full charge of a Tesla costs around _…

https://www.netzerowatch.com/texas-freeze-raises-cost-of-charging-a-tesla-to-900/

Tesla posted its first full year of net income in 2020 — but not because of sales to its customers. Eleven states require automakers sell a certain percentage of zero-emissions vehicles by 2025. If they can’t, the automakers have to buy regulatory credits from another _…

https://www.netzerowatch.com/teslas-dirty-little-secret-its-net-profit-doesnt-come-from-selling-cars/

Tesla’s “less than the cost of petrol” claim no longer cuts the mustard Teslas are now more expensive to recharge than it is to fuel an equivalent petrol-powered car – at least if you’re using the Tesla Supercharger network. A _…

https://www.netzerowatch.com/tesla-supercharging-now-more-expensive-than-petrol-refuelling/

Tesla Inc said on Monday it would start exporting China-made Model 3 cars to more than 10 European countries this month, joining a growing number of automakers using China as an export hub for electric vehicles. The U.S. carmaker, which _…

https://www.netzerowatch.com/cheap-energy-cheap-labour-china-made-tesla-bmw-electric-cars-to-start-selling-in-europe/

Tesla Inc. plans to ship cars made at its Shanghai factory to other countries in Asia and Europe, according to people familiar with the matter, shifting its strategy for the plant to largely focus on supplying the local market. China-built Model 3s for delivery outside _…

https://www.netzerowatch.com/can-europe-compete-tesla-plans-to-export-china-made-electric-cars-to-undercut-european-car-makers/

It took Tesla Inc. about 15 years to rack up $5 billion in losses. The company known as China’s Tesla did it in four. The bleeding continues. Shanghai-based NIO Inc. is poised to report Tuesday that it lost another 2.6 billion yuan ($369 million) — around _…

https://www.netzerowatch.com/green-bloodbath-after-5-billion-in-losses-chinas-tesla-fights-for-survival/

It should be quite clear by now that Tesla is structurally unprofitable as an automaker. It should be no secret by now that Tesla (TSLA) missed both its earnings and revenue estimates pretty badly. If you think the worst is _…

https://www.netzerowatch.com/can-tesla-survive/

In recent months the pattern of gradual decline in Tesla’s solar deployments gave way to an outright collapse. Elon Musk once contended that Tesla’s (TSLA) energy generation and storage business might one day dwarf its automotive manufacturing business. That prospect _…

https://www.netzerowatch.com/green-mega-flop-teslas-solar-business-approaches-terminal-decline/

The company braces for a $300 billion onslaught of money-losing green cars. “I would have bought my Tesla even without the tax rebate.” So went any number of irate emails from readers over the years, nonsensically for any point I _…

https://www.netzerowatch.com/get-ready-for-a-pileup-tesla/

Around half of the Dutch government’s 700 million euros subsidies for electric cars has ended up in the hands of ‘rich Tesla and Jaguar drivers’, the Volkskrant said on Wednesday.   Last year, the government said it would fund tax _…

https://www.netzerowatch.com/electric-car-subsidies-largely-benefit-rich-tesla-and-jaguar-drivers/

Tesla is seeing an implosion of demand – not just in US but also internationally. European Model 3 demand is below even bear expectations. The company has several major cash calls from maturing debt and organizational changes and does not have _…

https://www.netzerowatch.com/tesla-is-facing-debt-crisis-and-an-implosion-of-demand/