What Tesla Motors Inc (TSLA)’s CEO Is Saying & What It Means

When it comes to Tesla Motors Inc (NASDAQ:TSLA) CEO Elon Musk, there is always something exciting going on. Whether he is taking on an entire state, like he did in Texas, or simply introducing new product features, you know that he will have people on the edge of their seat.

During last Friday’s press call, Tesla’s Musk talked about quite a few things. Most notably, he touched on the company’s plans to boost the size of its supercharger network.

While this may have been the biggest news, as well as the story that got the most attention, there was a lot more said.

If you are a Tesla Motors Inc (NASDAQ:TSLA) investor, owner of one of these cars, or are hoping to invest or buy a vehicle in the future, you should do your best to stay current with everything that the company has going on.

CleanTechnica did a nice job pulling together some of Musk’s top quotes from last week’s press conference. Here are three that you definitely want to pay attention to:

“On the Model S, if you just tap the lighting bolt on the nav screen, it’ll automatically route you to the nearest Supercharger.”

This is a big deal because you will not have to worry about how you will find the nearest Supercharger. Instead, you can hit a button and let your car do all the work for you. This is a huge update that is sure to change the way Tesla Motors Inc (NASDAQ:TSLA) drivers approach a long trip.

“We’re just at the early design stages of that vehicle…. would be closer in size to an Audi A4 or BMW 3 series, in terms of external dimensions, but then of course, we have a lot more room in the interior and have a front and a rear trunk as the Model S does, and it would be at an order of magnitude greater volume, so you’d have economies of scale, and it’d be a third design iteration, so we’d have more opportunity to design the car to be easier to manufacture.”

Like every car manufacturer, Tesla Motors Inc (NASDAQ:TSLA) is looking towards the future and beginning to consider which models to roll out next. This will be big news when the time finally comes.

“We’re increasing the maximum charge rate from 90 kW to 120 kW…. If you reference this relative to the standard Model S, which has a 60 kWh pack,… a typical case would be a 2/3 recharge in just over 20 minutes.”

What do you think about that type of speed?