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Jefferies defends Tesla Motors (TSLA -3.2%) with a note which points out that most Tesla Model S...

Jefferies defends Tesla Motors (TSLA -3.2%) with a note which points out that most Tesla Model S owners seem more impressed with the car than the New York Times reporter who muddled through the charging process on an extended trip. The firm boosts its price target on TSLA to $45 a share on its view the EV automaker will report that it's on track to meet stated FY13 productions goals.
Comments (32)
  • I'll add my voice to that of Jefferies, as I have in the last several comments that I have made. As a Model S owner, we learn what is necessary to run this new electric technology, and then it is easy. What happened to that person was more bumbling through ignorance than anything else - had he owned the car he would have already understood what was necessary. But instead, he took it on loan - cold - without the slightest understanding of what was necessary to use it wisely ... had he used even a little common sense, these things never would have happened.
    11 Feb 2013, 11:24 AM Reply Like
  • Sounds similar to how PC users view Macs. Learn how to use it first then complain.
    11 Feb 2013, 11:48 AM Reply Like
  • That's nice spin, teslaflight: call into question the intelligence of the driver who identifies significant flaws with the Tesla S.


    The point the author makes is a valid one: in cold weather the car range declines and the car's own range estimator becomes inaccurate. And there can be serious adverse consequences if you're not very careful.


    Note that the author was on the phone with Tesla's own service department and even they couldn't overcome the inherent vehicle flaws and limitations or spare the driver from their adverse consequences.


    People who bought the Tesla S did not do so out of a sober appraisal of its strengths and weaknesses. So you cannot expect them to be rational after the purchase either.


    Once the limited number of EV enthusiasts with more money than brains has been exhausted there will be very few takers for these overpriced 'look at me' toys.


    11 Feb 2013, 12:45 PM Reply Like
  • He called Tesla after he made that mistake of not following proper procedures of preheating the car and battery while it was charging which reduced his range. He also did not drive the speed limit which reduced his range even further.


    The Superchargers are free, so if he could have enjoyed a relaxing drive from New York to Boston, but I don't think he wanted that. Nice drives don't sell papers.


    There have been several who have posted of their successful road trips. The best of which is highlighted by a fan-made Tesla commercial called "Gallons of Light".
    11 Feb 2013, 01:36 PM Reply Like
  • We are sober alright!! Some are ignorant.I have faith in this new tech. I know they have competitors hoping for them to fail. Who are you working for???
    11 Feb 2013, 01:44 PM Reply Like
  • McHattie, have you ever been in a Model S, or even better, driven one? If not, then you could not possibly understand what makes this car work so well. Once you own one, as I do, then you actually take the time to educate yourself about what you need to know that is different from ICE cars ... that simple. Remember when you were younger and had to have driver education before driving a car ... there was a reason for this - sometimes you don't know everything that you need to know before sitting behind the wheel. With new technology sometimes it is necessary to learn something new before everything will work for you the way that it was meant to work.
    11 Feb 2013, 02:53 PM Reply Like
  • D. McHattie.
    One thing is the authors intelligence. But how about his honesty?


    Tweets about logs from the car......

    11 Feb 2013, 03:01 PM Reply Like
  • i have a tesla model S and it's the best car i've ever driven or owned (had it for a week). who doesn't plug in their iphone overnight? This guy was silly for not doing so. I actually sent him an email yesterday and got a reply:


    Dr. ***:
    Combination blunder/poor pre-trip briefing from Tesla/bitter cold. Lessons learned all around.
    Thanks for writing.


    From: []
    Sent: Monday, February 11, 2013 11:43 AM
    To: Broder, John
    Subject: READER MAIL: John M. Broder


    Email: ***
    URL:tesla ran out of juice
    Comments:the biggest question is why you wouldn't charge overnight? seems like if you have something that runs on a battery you charge it even if it's 120v. keeps the battery at the right temp and will trickle in at least some miles. don't you charge your iphone everynight? a blunder on your part.


    proud tesla owner
    12 Feb 2013, 01:21 PM Reply Like
  • Exactly!!


    Just like once the limited number of sports car enthusiasts with more money than brains has been exhausted there will be very few takers for these overpriced 'look at me' toys like Lambos, Ferraris, Porsches, and Corvettes.


    See what I did there? Our economy can support more than *one* category of vehicle. Maybe... just maybe even a *NEW* category of vehicle!
    13 Feb 2013, 01:29 PM Reply Like
  • I think I detect a contradiction in your comment. First you chastise another poster for questioning the intelligence of drivers who see flaws in the Model S. In the next breath you question the intelligence of people who bought the Model S. Give us all a break from your flawed logic.
    15 Feb 2013, 06:55 PM Reply Like
  • I tend to agree with the Jeffries analysis- improper charging protocol is what they call it. I guess they are being very PC about it.


    They were many opportunities which were missed for charging that would have mitigated such circumstances, even when the NYT author was charging.


    When you open up the charge port it lets you select standard or range mode for charging. Why someone would select standard when they are going for a long trip is beyond me.


    Secondly, at the hotel. Why did he not plug it in to the 110 outlet. As per his article he was "concerned" about the range beforehand. If you have range anxiety and have an opportunity to plug it in, why not take it??


    Those were just two examples which requires absolutely no planning.


    There's other examples that would have taken some minor planning.


    If I was making such a trip, I would use the fast charger, but in range mode. Stop for lunch and bio break in central jersey, get 20-40 miles of charge, head Connecticut, stay in the hotel, charge at a 220 and have essentially a full pack so I wouldn't have to hit up the fast charger. On my way back to NYC, park in an EV friendly garage, work and have it fully charged when I got back.


    Is it difficult to find a place in NJ for charging? No.
    You know what i would do, charge at Walgreens, walk across the street and go to either the Starbucks, chick filet, shop rite, Chinese buffet food, or do something else.
    Or maybe go to Ikea, charge there and grab some Swedish meatballs, or maybe even go to Nuanas in Montclair.
    All of those are free charging if you patronize those businesses
    11 Feb 2013, 11:28 AM Reply Like
  • unfortunately when new technology comes along we seldom take the necessary steps to educate ourselves, we always think we know , well some of us don't. How many of the uninitiated ran out of gas when ICE vehicles were first introduced. There is no excuse for what hap penned to this writer and the NY times should be more than a little embarrassed to admit he is one of their own. As an S owner I am more than a bit biased in saying the TESLA MODEL S is a vehicle that will change the way we travel on a daily basis. The error is in not training the operator, I wouldn't give someone a parachute in a bag and tell him to jump off a cliff and he will float safely to the ground without telling him to take the chute out of the bag first.
    11 Feb 2013, 11:52 AM Reply Like
  • "we always think we know , well some of us don't" You can say that again.


    An ICE car has a fuel gauge that tells you how much is left in the tank.


    The article beautifully illustrates how the Tesla S 'range estimator' loses accuracy in cold weather.


    This makes long distance travel much more complicated and uncertain and if you've ever been on a family road trip with kids in the back, the last thing you want is more complications and uncertainty.


    It's time for Tesla owners to wake up and smell the range anxiety. It's real.


    11 Feb 2013, 12:50 PM Reply Like
  • This argument that EVs should be take behind the barn and put out of their misery because they aren't perfectly suited for long trips is so tiresome. OK - we get it. Range anxiety is real. So what?


    If you are that dense/simple-minded in your thinking, and you can't figure out how to properly estimate range under various conditions and based on your heavy/light-footed driving style, and you don't know how to use that new-fangled internet thingy to find appropriate charging opportunities, then take your OTHER car for road trips. Duh.


    And seriously, I mean that in the nicest possible way.
    11 Feb 2013, 01:27 PM Reply Like
  • We are awake alright! And we shall have the last laugh no matter ones tried to see this company fails. I love the Underdog.Go TSLA!!
    11 Feb 2013, 01:48 PM Reply Like
  • Thank you, you tell him how its done.
    11 Feb 2013, 01:49 PM Reply Like
  • "An ICE car has a fuel gauge that tells you how much is left in the tank."


    Let's count the gasoline refueling stations between here and Boston, and then let's count the Tesla Supercharger stations.


    Perhaps the notion of nascent technology is a complicated one for some to comprehend, but the fact is the lack of infrastructure is a far more significant issue than the design, capacity, or recharging program for a Tesla.
    11 Feb 2013, 05:43 PM Reply Like
  • My fuel indicator on my Acura MDX also tells me how many miles I have left, but it's not completely accurate either depending on how I drive it and how the weather is outside (using AC, etc). How is this different?


    People just have to adjust how they drive and road trips require planning. Not plugging in overnight is silly.
    12 Feb 2013, 01:24 PM Reply Like
  • As a Tesla S performance model owner, I am so glad I purchased the car and have yet to find something about it that I don't like. I have read the comments of the naysayers and their talk about whether or not the car is environmentally green. Well, even if you don't believe that the EVs will ultimately help make things better, just look around on the streets, driveways, etc. of the world and note the incredible amounts of antifreeze, oil, gasoline, grease, etc. and imagine that is has been accumulating for about a hundred years. That muck of pollution has been washing into our streams, groundwater and contaminating our drinking water and killing wildlife by the millions. That muck, for the most part is impossible to really clean up and it will be causing problems for many years to come - and the likelihood of much more contamination in out years because of the damage, for example, from BP's messing up our Gulf and the future of fracking will in my opinion likely cause much more harm. In spite of some denying the downside of ICEs, EVs will make lives much better in the long run, and help turn around our pollution problems. They will also, hopefully in the near future, replace ICEs; which will become the model T of tomorrow's years.
    11 Feb 2013, 12:23 PM Reply Like
  • There will always be the naysayers of anything new.
    It's disappointing that A respected NY paper would print an article by an individual so ill informed on the workings of a Tesla.


    He did not win any points on reporting.


    He did not ask. How,when or why?
    11 Feb 2013, 12:30 PM Reply Like
  • So what exactly is the differentiator/benifit about this car? It reduces a person's carbon footprint and cuts down on gas expenses?
    11 Feb 2013, 12:35 PM Reply Like
  • It actually 'eliminates' gas expenses all together...well, that and it blows the doors off of Vipers, M5's, Vetts, Benzes, etc, and is 50 years more advanced than all other vehicles on the planet.


    You, know... little things that people spend an arm and leg for, and brag to their friends about 24/7.
    11 Feb 2013, 01:16 PM Reply Like
  • Yeah! Duh!!!
    11 Feb 2013, 01:51 PM Reply Like
  • "50 years more advanced than all other vehicles on the planet"?


    You mean it can fly?
    11 Feb 2013, 03:27 PM Reply Like
  • It's the closest thing to it. Try and get 416 lbs of torque in one second out of any other four-door street legal sedan for under $300k.
    11 Feb 2013, 04:35 PM Reply Like
  • The torque curve of an electric is flat.


    I don't know about others, but personally I can tell the difference between the off-the-line attitude of a carburated vehicle versus an injected one, of a drive-by-wire system versus mechanical linkage. And I can also say that the flat torque curve in an electric is something special.


    That said, the other interesting thing about EVs, is that a lot of maintenance components go out the window. Depending on design of course. You don't just no longer have to fuel, but you no longer have oil changes or tune-ups. Some don't incorporate a cooling system and some do. You still have A/C and brake fluid and power steering, but the motor is significantly smaller and lighter, although you carry a lot of baggage in the battery.


    One potential issue is that electric motors, and components in general, don't conk out over time, they just.... fail. However they are cheaper to manufacture and install, and that issue could be resolved by redundancy.
    11 Feb 2013, 05:51 PM Reply Like
  • 600 miles into my car since delivery and I've spent less than $20 bucks in electricity. I charge at work, so I put it at about $15. How much do you spend for 600 miles of travel? That's the benefit.
    1 Mar 2013, 03:26 PM Reply Like
  • Hmmm, I wonder if the developers of the vehicles that did this, had full discloser on what could happen in snow?...


    One thing for certain, these children won't have dies in a Tesla!
    11 Feb 2013, 01:06 PM Reply Like
  • Not charging overnight... basic MO of anything w/a chargeable battery. Seriously?! Would anyone ever believe that?
    11 Feb 2013, 01:59 PM Reply Like
  • Is it just a coincidence that the Times article appeared one day before the Q4 2012 results? What do you think?
    11 Feb 2013, 03:10 PM Reply Like
  • Good point TikiManProd... There is so many negative people around. America should be proud of its own company, TESLA.Tesla is Innovative, visionary and saving its own money by building up on enthusiasm rather than costly advertising...My main concern is a conflict of interest with the oil industry...Everything may be tried to destroy the EV reality and its growth out of its infancy. It is also interesting to notice that Tesla Model S owner are not all wealthy but many are willing to put their money in what they believe to be a solution to pollution and clean, efficient energy. They are willing to sacrifice to promote the vehicle of the future and help a visionary company to establish themselves as the leader in this industry. We all want to partner with them. That is why we are willing to spend money that we will never dare to spend on any conventional car, as fancy , fast or sexy as they may be....
    11 Feb 2013, 03:52 PM Reply Like
  • wellnext, I am FAR from wealthy as well, however, I drive about 130 miles round trip per day to and from Los Angeles (which is BY-FAR one of the most crowded freeway system on Earth). Also, I spend on-average well over $6,000.00 to $8,000.00 per year (and rising) on gasoline.


    With the Tesla Model S, I now spend 1/16 that amount in electrical cost, and silently fly by bumper-to-bumper traffic in the HOV lane (saving me thousands $$$$$ of wasted hours in traffic).
    At this point in time for myself, the car actually pays for itself fairly quick. No other high-end luxury exotic sports sedan on Earth can do this, or even come close to doing this.
    11 Feb 2013, 04:49 PM Reply Like
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