Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Tesla Motors Inc. (TSLA)’s Model Total Range Under Question

Tesla Motors Inc. (NASDAQ:TSLA) might have duped its customers when it announced that its Dual Model-S would have a range of 285 on a single charge.  The Model-S currently being delivered to customers across the globe have a dual range of 250 miles on a standard wheel according to numbers by the EPA reports Bloomberg’s, Corry Johnson.


“Tesla Motors Inc. (NASDAQ:TSLA) has taken 70% of the orders on this cars whose buyers were told they were getting 280 miles; they will have to pull over for a super-charge,” said Mr. Johnson.

The revelation come even as the industry continues to deal with uncertainty surrounding the unveiling of the match awaited Model-X. The launch of the all-wheel electric car has constantly been pushed back with analyst speculating the automaker might be struggling on meeting production demands.

It is still unclear as to how the market will react to the current numbers on mile range considering Tesla’s stock has constantly been pounded in the market depending on sentiments about its cars. If the 250 mile range speculated by EPA are true then, the automaker would have acted unprofessionally in prompting people to buy a model that did not meet the threshold as initially announced.

Tesla Motors Inc. (NASDAQ:TSLA) has not yet responded to the EPA numbers, but Johnson believes they will rubbish them as untrue as it has always been the norm in the past. The amount of range that an electric car can cover on a single charge has always been a key aspect on people considering to buy the models.

A car able to guarantee more miles on a single charge in this case is always sure to command increased demand based on the fact that there are a limited number of charging stations in a number of towns.

“The miles per gallon issue, companies don’t come out with this information before the car is actually out number one and number two. The distance you can go to a charge is a really big deal for Tesla in this error where you either have to go home, or you have to find someplace that has got a charger. It is one of the reasons why we see Tesla Motors Inc. (NASDAQ:TSLA)’s sales are just concentrated in one area as this in North California,” said Mr. Johnson.

Warren Buffett and BillionairesFree Report: Warren Buffett and 12 Billionaires Are Crazy About These 7 Stocks
Let Warren Buffett, David Einhorn, George Soros, and David Tepper WORK FOR YOU. If you want to beat the low cost index funds by an average of 6 percentage points per year look no further than Warren Buffett’s stock picks. That’s the margin Buffett’s stock picks outperformed the market since 2008. In this free report, Insider Monkey’s market beating research team identified 7 stocks Warren Buffett and 12 other billionaires are crazy about. CLICK HERE NOW for all the details.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!