TESLA Q1 ESTIMATES, DAIMLER DROPS H2, MODEL S OR MODEL 3?, ELECTRIC FERRARI - TEN NEWS 4/7/17

EV Channels Review

This episode of T.E.N. News from April 7th, 2017, covers a range of significant developments in the electric and future vehicle space. The report highlights Tesla's strong Q1 delivery estimates, which boosted its stock significantly, even surpassing Ford's market cap. The show also details Porsche and Audi's joint venture into electric and autonomous vehicle projects, aiming to accelerate their market entry against Tesla. Daimler's strategic shift away from hydrogen fuel cells towards battery-electric vehicles is discussed, citing infrastructure and cost challenges for hydrogen. Startup Lucid Motors is seeking funding to build its first EV factory for the Lucid Air sedan. Notably, Tesla actively clarified the differences between the Model S and the upcoming Model 3, emphasizing that the Model 3 would be a simpler, smaller, and less premium offering. Other news includes Hyperloop's US route unveilings, a study placing Ford and GM ahead of Tesla in autonomous vehicle development, projected higher average prices for the Model 3, March sales figures showing the Nissan Leaf outselling the Chevy Bolt EV and plug-in hybrids dominating EV sales, a new speed record for an electric plane, funding for Peloton's automated truck convoy technology, a novel 'battery ball' system from TankTwo, and Sergio Marchionne's softened stance on Ferrari's involvement in Formula E.