Finally Got My First Tesla!

Hot Wheels Tesla Model SI finally got my first Tesla!  I’m pretty stoked about it, but red would not have been my first choice.  Not only that, but red would not have been in my top 10 color choices.

Actually, I’m just a little depressed.  I realized that my first Tesla is a model Model S (not I did not stutter while writing).  It’s really not even a model – it’s a 2015 Hot Wheel Tesla Model S – and neither the frunk, the doors or the trunk open.

Still the same, every time I think of Tesla, it makes me smile – and I get to remember that glorious day I first drove a P85D.  It won’t be long now ….  I’m getting a Tesla!

Tesla to Offer $500 Million in Common Stock

Proceeds to Accelerate Growth of Business, Including Tesla Energy, and Development of Model 3 and Gigafactory
PALO ALTO, CA — Tesla announced today that it intends to offer, subject to market and other conditions, $500 million of additional shares of common stock in an underwritten registered public offering. In addition, Tesla intends to grant the underwriters a 30-day option to purchase up to $75 million of additional shares of common stock.
Elon Musk, Tesla’s CEO, intends to purchase $20 million of common stock in this offering at the public offering price.

Tesla intends to use the net proceeds from this offering to accelerate the growth of its business in the United States and internationally, including the growth of its stores, service centers, Supercharger network and the Tesla Energy business, and for the development and production of Model 3, the development of the Tesla Gigafactory, and other general corporate purposes.
Goldman, Sachs & Co. and Morgan Stanley are acting as lead joint book-running managers for the offering, J.P. Morgan and Deutsche Bank Securities are acting as additional book-running managers for the offering, and BofA Merrill Lynch and Wells Fargo Securities are acting as co-managers.

Tesla Announces Release Date for Second Quarter 2015 Financial Results

Tesla Motors to Release Q2 Results After Market Close August 5
Tesla Motors (NASDAQ: TSLA) has announced that it will post its financial results for the second quarter ended June 30, 2015, after market close on Wednesday, August 5, 2015. At that time, Tesla Motors will issue a brief advisory release containing a link to the Q2 2015 Shareholder Letter, available on the company website. 

Tesla Motors management will hold a live question & answer webcast at 2:30pm Pacific Time (5:30pm Eastern Time) to discuss the Company’s financial and business results and outlook.
What: Tesla Q2 2015 Financial Results and Q&A Webcast
When: Wednesday, August 5, 2015
Time: 2:30pm Pacific Time / 5:30pm Eastern Time
Shareholder Letter: http://ir.teslamotors.com
Webcast: http://ir.teslamotors.com (live and replay)

Approximately two hours after the Q&A session, an archived version of the webcast will be available on the Company’s website.

Tesla Motors Stock Continues to Go Up!

Tesla Motors Stock Close to Reaching New Highs

It appears that the latest announcement from Elon Musk and Tesla Motors spurred some added investor confidence and a spike in Tesla stock values.

Tesla Motors TSLA stock is very close to an all time high.  If they can get the Model X out before the end of the year, it will be lit on fire!

Kevin Michaluk World’s Greatest Gadget Reviewer Takes Delivery of Tesla Model S P85D, Starts Ongoing Review on YouTube

Kevin Michaluk, aka ‘KM’ or ‘Crackberry Kevin’ who calls himself the ‘World’s Greatest Gadget Reviewer’ recently took delivery of his Tesla Model S P85D and started on ongoing Tesla Review on his on YouTube channel.

I’m really looking forward to his ongoing views of what it is like to own and drive a Tesla – especially the Model S P85D.  No word yet if he went with Insane Mode or Ludicrous Mode.

Check out the video and subscribe to Kevin Michaluk on YouTube.  While you are there, subscribe to Joe Kennedy on YouTube too!  (I’ve got 937 subscribers as of today and am trying to get to 1000 by the end of the summer – preferably before August.  I’m in a contest with my fiance and her son – and I just HAVE TO WIN.

Tesla Invites America to Join the Next Billion

Next Billion:  Tesla Motors Brings the Experience of Living With Model S to Cities Across America

PALO ALTO, CA —  07/16/15 — On the heels of Tesla’s (NASDAQ: TSLA) recent announcement that Model S worldwide has driven more than one billion miles, Tesla kicks off The Next Billion Tour to give customers across the country the opportunity to get behind the wheel of Model S and experience the benefits of going electric.

Guests are invited to experience the exhilarating performance and handling of Model S and hear from local owners about owning and driving a Tesla. In addition to offering test drives in Model S, Tesla experience stations on the Next Billion Tour will highlight: Model S features including Tesla’s pioneering Dual Motor All-Wheel Drive and Autopilot technology, Tesla’s over-the-air updates, Tesla’s revolutionary approach to car and customer service, and the ease of charging a Model S at home and on the road.

Customers may RSVP for events by visiting: teslamotors.com/thenextbillion  and they will be glad they did!  (BTW – I would be a great person to be a part of this tour….. (call me!)

North American Next Billion Tour Schedule

  • Pittsburgh, PAJuly 17-19
  • Bethlehem, PAJuly 18-19
  • Albany, NYJuly 23-24
  • Orange County, CAJuly 23-26
  • Long Beach Island, NJJuly 24-26
  • Syracuse, NYJuly 27
  • The Finger Lakes, NY: July 28
  • Rochester, NYJuly 30- 31
  • San Diego, CAJuly 30- August 2
  • Virginia Beach, VAJuly 31- August 2
  • Lake George, NYAugust 3-5
  • Tucson, AZAugust 7-9
  • Miami, FLAugust 7-9
  • Burlington, VTAugust 8-9
  • Bedford, NHAugust 11-12
  • Portsmouth, NHAugust 14-15
  • Chicago, ILAugust 14-16
  • Fort Worth, TXAugust 14-16
  • Plymouth, MAAugust 17
  • Cape Cod, MAAugust 18-19
  • Minneapolis, MNAugust 21-23
  • Austin, TXAugust 21-23
  • Newport, RIAugust 21-23
  • Weekapaug, RIAugust 25-26
  • Calgary, BC: August 28-29
  • Fairfield, CTAugust 28-29
  • Greenwich, CTAugust 30-31

About Model SModel S is the world’s first premium sedan built from the ground up as an electric vehicle. It has been engineered to deliver unprecedented range and a thrilling drive experience. Model S is the world’s fastest-accelerating four-door vehicle ever built and travels 270 miles on a single charge. With a rigid body structure, nearly 50/50 weight distribution and a remarkably low center of gravity, Model S offers the responsiveness and agility expected from the world’s best sports cars while providing the ride quality of a luxury performance sedan.

Model S has received many awards and accolades, including Motor Trend 2013 Car of the Year©, Car and Driver 10 Best 2015AUTOMOBILE Magazine 2013 Automobile of the Year, the 2013 Yahoo! AUTOS Car of the YearTIME‘s Best Invention of the Year 2012Consumer Reports highest score ever given to a car, and a NHTSA 5-star safety rating.

Publisher’s Note:  I was fortunate enough to drive a Model S for a day last year to take it through it’s paces for a review I wrote.  It is truly an amazing, life-changing vehicle.  I still cannot help but smile each and every time I even see a Tesla.

ABOUT TESLATesla Motors’ (NASDAQ: TSLA) goal is to accelerate the world’s transition to sustainable transport with a full range of increasingly affordable electric cars. California-based Tesla designs and manufactures electric vehicles as well as renewable energy storage. Tesla has delivered more than 80,000 electric vehicles to customers worldwide.

Tesla Motors, EV Industry to Benefit from $1.3 Billion Tax Incentive Package Signed into Law by Nevada Governor Brian Sandoval

This is going to be HUGE for the state of Nevada, Tesla Motors and the entire electric vehicle industry.  It will surely help Tesla Motors and Elon Musk continue to change the world and help make our planet more sustainable.
Congratulations to the state of Nevada, Tesla Motors and kudos to Governor Sandoval for having the foresight to make such a wise and savvy decision.
This is a great step toward Tesla making a great electric vehicle in the $35k price range – which will greatly help many more people be able to afford cars that are more environmentally friendly – and fun to drive.
Calling it one of the most important pieces of legislation in Nevada history, Gov. Brian Sandoval signed into law an unprecedented package of incentives to seal a deal to bring Tesla Motors’ $5 billion battery factory to the Silver State.
The “gigafactory” is expected to bring more than 20,000 jobs and $100 billion to Nevada’s economy over the next 20 years. It will be the biggest lithium battery factory in the world and is critical to the electric car-maker’s plans to begin mass marketing a more affordable line of the vehicles within three years.
One lawmaker said it was the most important development in Nevada since the construction of the Hoover Dam southeast of Las Vegas during the Great Depression
“It doesn’t get any bigger than this,” Sandoval said as he put his signature to four bills late Thursday night, shortly after the state Legislature unanimously approved the package that includes tax credits and other incentives worth up to $1.3 billion.
“This is some of the most important legislation that’s hit this state in perhaps our history,” the Republican governor said. “We have changed the trajectory of this state, perhaps forever.”
Flanked by legislative leaders and dozens of lawmakers, Sandoval presented a Nevada license plate with “TESLA” to Diarmuid O’Connell, Tesla’s vice president for business development who helped pick the site at an industrial park along Interstate 80 about 15 miles east of Sparks.
“We are really excited to get going on this project,” O’Connell said, which will bring prices down for batteries to power its upcoming line of cars with a price tag less than $40,000. “It means so much for our mission, which is to catalyze sustainable transportation by creating a mass market for electric vehicles.”
Under the biggest piece of the package providing up to $1.1 billion in tax abatements, California-based Tesla would pay no property taxes or payroll taxes for up to 10 years and no local sales or use taxes for up to 20 years. Another $195 million in tax credits were also approved.
Tesla will have to give some or all of the money back if it fails to spend $3.5 billion in the state within 10 years. The agreement also mandates half the jobs go to Nevada residents, at both the factory expected to employ 6,000-plus and among the 3,000 projected construction jobs.
“This really is the definition of the rising tide lifting all boats,” said Steve Hill, director of the Governor’s Office of Economic Development. “It wasn’t that long ago we were suffering through one of the worst recessions in Nevada history with 14.5 percent unemployment.”
Sandoval also signed three other bills that made up the package, one discounting electricity for Tesla and another ending a $25 million annual subsidy — $125 million over five years — for insurance companies to help pay for Tesla’s tax credits.
The final one makes it clear it is legal for Tesla to sell the cars it manufactures at dealerships it owns in Nevada. That had been a sticking point in Texas, which along with California, Arizona and New Mexico had competed with Nevada for the plant.
All four bills passed on votes of 21-0 in the Senate and 39-0 in the Assembly.
Some of the public comment questioned why such a big company needs such a big handout from taxpayers.
“I think it is kind of ironic that a renewable energy, a green energy car company we are courting to come to our state, that one of the things we are giving them is free energy,” said Angie Sullivan, a Las Vegas schoolteacher.
“Nobody pays my electric bill,” she said. “I think they are taking advantage of my state when we have limited funds.”
Earlier Thursday, several Senate Democrats objected to Sandoval’s plan to cut all but $10 million from an $80 million program the last Legislature approved providing tax credits to the motion picture industry. That $70 million combined with the $125 million from the home insurance office credit would offset a total of $195 million in Tesla tax credits.
“I think it sets a dangerous precedent when we passed the program in the Legislature and then in just seven months, we just wipe it out,” said Sen. Pat Spearman, D-North Las Vegas. “What if another shiny object comes along?”
But in the end, no one voted against the measure.

Will the Tesla Model X Still Be Out Fall 2015? I Sure Hope So …

This is a really interesting video where Tesla Motors CEO Elon Musk is introducing the new Model X.  This was over two years ago …  It was posted on February 9, 2012.


Although there has been a lot of conjecture that Tesla will have to delay the production of the Model X until have the Gigafactory site is chosen and built so that they can produce the batteries for it.  That does not appear to be the case, asThe Wall Street Transcript is predicting that Tesla will be unveiling the Model X in production format this fall and making some initial customer deliveries in Q2 of 2015.
On the Tesla Motors site, they are estimating delivery for Model X vehicles ordered now to be in Fall of 2015.  This is super exciting – I’m really looking forward to driving a Model X, but sure hope that I have my own Model S by the time the Model X is out.
Tesla Motors is surely changing the world and could be the catalyst to starting to get ICE cars off our roads so we can reduce the world’s dependence on fossil fuels and help protect our mother earth for future generations.

I Applied For Jobs at Tesla

It’s probably not the fastest way for me to get my Tesla Motors Model S, but the other day I went to TeslaMotors.com and applied for four different jobs – sales positions at the Bellevue Square and Seattle Tesla stores.  I also sent an email to the manager of the Bellevue Square store to let her know that I applied and am very interested in working for Tesla Motors.
It’s still early, and I haven’t heard back yet, but if they are looking for someone who is passionate about Tesla cars and can sell, I am their guy.  It would be really cool to be able to talk about Tesla and the Model S all day long …  As they say, Do What You Love!  I love selling and I really love the Model S ….