A statement was made by Tesla Motors Inc. (NASDAQ:TSLA) whereby the automaker asserted that its vehicles had gained approval for a program carried out in Shenzhen, China. Under this program, Tesla Motors Inc.’s (NASDAQ:TSLA) cars, newly manufactured energy vehicles will have their license plates specifically set aside for them. This factor would serve to elevate the company’s status in the automotive market, where sales had been lagging behind the expectations.

Under the terms of this licensing program, customers aspiring to buy Model S electric sedan can file application for license plates and this is applicable from today onwards. This program makes sure that every year nearly 20,000 tags are set aside for this particular purpose. License plates that are awarded through regular channels utilize lottery systems and auction systems. Both these channels are utilized so that pollution can be effectively masked.China suffers from severe smog and traffic problems. In order to mitigate this threat of pollution, China holds auctions to award license plates. This is done so that the number of vehicles on the roads can be limited and consequently pollution can be diminished.Owing to these reasons, laying hands on license plates can be a difficulty.

Tesla Motors Inc. (NASDAQ:TSLA) has been exempted from this mandatory requirement. Generally, these licenses can go as high as $15,000 so this exemption can serve as a particularly trigging incentive to go electric. Moreover the sales of Tesla Motors Inc. (NASDAQ:TSLA) wouldundeniably get boosted by this.

This license plates approval has enabled Tesla Motor Inc.(NASDAQ:TSLA) to battle its Chinese competitor BYD Co. This latter electric car maker has its basis in Shenzhen. However, despite this approval, customers of Tesla Motors Inc. (NASDAQ:TSLA) are not eligible to benefit from various incentives provided by the government for electric vehicles. Some examples of these incentives are exemption of sales tax and other subsidies.

The Chief Executive Officer, Elon Musk, of Tesla Motors Inc.(NASDAQ:TSLA)  said that the company would be reducing jobs so that this cutting down can play some part in compensating the company’s loss. It ought to be noted here that the company’s sales trailed behind its expected target.

BYD Co. came across a downfall, amounting to almost 4.3 % in today’s trading carried out in Hong Kong. This is in comparison with a decline of almost 0.3 percent in Hang Sang Index.

Tesla Motors Inc. (NASDAQ:TSLA) initiated its endeavor of car delivery in China in the previous year. Incidentally, China happens to be the world’s greatest automaker market with the largest potential in it. By now the company owns nine stores along with service centers. The network of these stores and service stations is spread across six significant Chinese cities. Moreover, in order to develop charging stations, Tesla Motors Inc. (NASDAQ:TSLA) has also formed alliances with various companies such as China Unicom and Soho China Ltd.

The auto-maker company has gone for further investment so that its capacity of coming up with EV vehicles can also be fortified. As a consequence, the demand for Tesla Motors Inc.’s(NASDAQ:TSLA) vehicles is steadily increasing both in Europe and North America. In this context, Tesla Motors Inc. (NASDAQ:TSLA)has undergone an expansion project in Fremont factory to ramp up its production scale. Moreover, it has also allocated an investment budget of $1.5 billion for such future projects of the like kind.

Tesla Motors Inc. (NASDAQ:TSLA)had boosted up its production scale earlier, and had started to come up with 2000 vehicles every week.  Yet, the Palo-Alto based automaker hasn’t been content at this production rate and the company is planning to further enhance its production rate by 15% in every quarter. While last year, Tesla Motors Inc.’s (NASDAQ:TSLA) sales target was 35,000 units; this year it has increased even further and Elon Musk, the Chief Executive Officer of TeslaMotors Inc. (NASDAQ:TSLA), aspires to hit a sales target of 55,000 units.

There are also expectations that Tesla Motors Inc.’s(NASDAQ:TSLA) stock is going to go up the scale as a direct corollary of the launch of its premium crossover Model X. Most probably, this premium model will make its way into markets in 3QFY15. The statistics given by the company delineate the popularity of Model X. It is said that 20,000 online orders of the Model X have already been placed. If these figures are correct then the demand for this vehicle has even exceeded its production.

Tesla Motors Inc. (NASDAQ:TSLA)has been working ceaselessly to address this issue of supply short fall and consequently has ramped up its delivery operations. As a matter of fact, this issue was the most potent concern for the auto maker last year. Almost 1400 deliveries which were due in December of last year couldn’t be made, and therefore were included in January of this year. China had also been a matter of concern for Tesla Motors Inc. (NASDAQ:TSLA)owing to its low sales rate. However, this year the situation in China too is on mend. Mr. Elon is working on the reorganization of a team that would handle sales globally in accordance with this issue.

Mr. Kallo from Baird is also of the opinion that Tesla Motors Inc.’s(NASDAQ:TSLA) $5 billion Gigafactory can go a long way in stimulating the company’s progress. Owing to all these reasons Baird has emerged as a Tesla bull and states that it will continue reiterating its claim because of the company’s strong performance outlook. The firm also has positive expectations from the launch of Tesla Motors Inc.’s(NASDAQ:TSLA)premium model X.

The CEO is expecting after the queries mentioned about Electric Vehicle’s (EV) driving range, new broadcasts to help in eliminating the anxiety of owners of Model S. Neither any update about the next version of the software has yet been announced, nor has any prediction about the driving range extension, with this upgraded version, been made.

Website of Tesla Motors Inc. (NASDAQ:TSLA) includes a report about Model S double motor models namely 85D and P85D. They contain EPA 5-cycle range of over 270. With low accelerations in vehicle, electric energy will be saved as least accelerations consume less amount of energy. The upgraded latest version of this software will ensure this feature. The owners of Electric Vehicle have been extremely upset about the reduction in drive range with the extension and increase in distance covered. The new version of software is going to help in reducing and eliminating their worries somehow.

Tesla Motors Inc. (NASDAQ:TSLA) has started working for making their customer’s concern answerable by enhancing the network of superchargers. The company has already launched 2000 DC charging stations globally.

These superchargers enable the vehicle to recharge their batteries in very less time at a charging station. The customers have to think about the closeness of the nearest superchargers before purchasing any EV or getting into its market.

Reason being the low performance in China, the CEO Elon Musk stated about the company’s escape the profitable aims in fourth quarter in a conference of 2015 North American International Auto Show (NAIAS). Tesla Motors Inc.’s (NASDAQ:TSLA) hoard had a decrement of over 7% due to the disclosure.

Tesla Motors Inc. (NASDAQ:TSLA) position was clarified by Elon Musk in front of China last month. Chinese customers have this misunderstanding about the charging stations over that state as reported on a conference of Tesla Motors Inc.’s (NASDAQ:TSLA) fourth quarter. Consumers were being misguided by the company’s staff members themselves that it gets hard to recharge the vehicles. 30% of staff (most of them were in sales team) i.e. approximately 180 employees was fired by the CEO.

Tesla Motors Inc. (NASDAQ:TSLA) China’s operations are looking into management rearrangements and resetting its sales team worldwide. Definite answers to the range worries will be good enough for it.

Tesla Motors Inc. (NASDAQ:TSLA) keeps on deploying latest and updated versions of its software. New software was created for Model S P85D at the start of the current year. A button known as insane mode was used to accelerate vehicle in 2.80 seconds from zero up to 60 miles/hour. It took 3.8 seconds in boosting up to this speed-level in the last version.

Stock of Tesla Motors Inc. (NASDAQ:TSLA) ended falling to 1.25% i.e. $188.68. The hoard descended to 15% in January this year, and is trading high to 1.38% at $191.33 in initial trading today.

Sales in China have been going soft for Tesla Motor Inc. (NASDAQ:TSLA) for quite a while now, and in this context, the company’s Model S has begun to grow old and the launch of its new model X would probably be made as this year reaches its culmination. Despite these drawbacks, Galves pointed out this fact that Tesla Motors Inc. (NASDAQ:TSLA) has carried approximately ten thousand orders into the year 2015 which have yet to be fulfilled. Furthermore, there are almost 1400 orders which are yet to be delivered and this delivery is most likely going to take place in the present quarter. Galves made all of these statements for investors on Sunday, and claimed that these statistics would compensate Tesla Motors Inc.’s (NASDAQ:TSLA) apparently drying demand levels.

In accordance with its assertion Credit Sussie also brought forth some important points from the report submitted by Tesla Motors Inc. (NASDAQ:TSLA) in FY14.  This 10-k filing has been receiving the core attention of all sorts of heated arguments and debates for quite a while now. The analysts supported its views about the escalating demand of Tesla Motors Inc. (NASDAQ:TSLA) by pointing out that Gigafactory would serve as a major proponent of its EV supply in the year 2016. This factor would go a long way in propelling the margins of the motor company.

Tesla Motors Inc.’s (NASDAQ:TSLA) storage system sales have been going up the scale and the company claims that it they would climb even further up in 2015. In accordance with this, Credit Sussie stated point blankly that its stock projection did nothing to affect this venture. Other analysts from Wall Street have been dubious about these claims of Tesla Motors Inc. (NASDAQ:TSLA).

But Bank of America Merrill Lynch threw cold water on the aspirations of all those investors who were aspiring to try their luck on Tesla Motors Inc.’s (NASDAQ:TSLA) stationary storage. It did this by reminding the investors of how long the pay-back period for customers can probably be. This fact was also pointed out that Tesla Motors Inc. (NASDAQ:TSLA) has so far been unable to close the gap between its present EV batteries and the deployment of energy storage units for residential purposes.

Another criticism brought forth by Dan Galves and then questioned in turn was regarding the allegedly small investment of $300 million for the development of Gigafatory. In opposition to this assertion, Galves claimed that allocation of $300 million for this purpose was perfectly appropriate, especially if it is considered in line with the company’s expenditure of $60 billion on the battery plant in the previous year.

Tesla Motors Inc. (NASDAQ:TSLA), through its website, has provided nearly 80 vacancies for employment which included the post of Chief Counsel, Engineers, Regulatory Supporters, and many Project Managers. Bloomberg quoted that there’s a chance to earn a multi-million dollar each year, with the company hiring more people, expanding and growing at a considerable rate.

The building of steel was started by Gigafactory a few months ago, whereas, Tesla Motors Inc. (NASDAQ:TSLA) is expected to start its battery manufacturing in the coming year, based on the facts of the latest fourth-quarter (4Q). Creation of approximately half a million battery packs is predicted by the end of going decade, functioning at its peak. And with this big success, it is expected that the world wide deployment of lithium batteries would increase up to 100%.

The two main aims of manufacturing these batteries were that the excessive creation would affect their prices and ultimately going to increase the economy of scales. The Gigafactory is foreseen to get down to 30%, leading to the development of Model 3, which was planned to occur after two years or so, as cited by the Chief Executive Officer of Tesla Motors Inc. (NASDAQ:TSLA), Elon Musk. Price of Model 3 was predicted to be half less than the starting rate of base Model S, calculated to be $35,000.

Building of these battery packs will lead to a complete novel field of static energy storage. An analyst of Global Equities valued Gigafactory to be worth $50 billion and raised a point of failure on behalf of share-holders in realizing its future development.

According to analysts this production will not succeed as expected, because of the introduction of Solar Panels at residential areas. A comparison was made with Microsoft Corporation (NASDAQ:MSFT) and Amazon.com (NASDAQ:AMZN) who developed giant software industries and ecommerce of worth a trillion dollar respectively.

The battery industry, which is at such an early stage, can later transform into a huge business giving a substantial outcome according to Co analyst, Ben Kallo and Robert W.Baird. Moreover, because the rivals are in very less amount, there can be a big chance for Tesla Motors Inc. (NASDAQ:TSLA) to succeed in its master plans and schemes. Bloomsberg News Energy Finance stated last year in June that the speculation of money globally for this static energy storage is expected to be more than $5 billion, at the end of this passing decade. These investments were calculated to be 15 times more as compared to the investments made a few years back.

Plans of Tesla Motors Inc. (NASDAQ:TSLA) covered all phases of design, creation and development, which were governed by electric cars formerly.

A speech was given by the Chief Executive Officer of Tesla Motors Inc. (NASDAQ:TSLA), Elon Musk, in early January in which he mentioned that in China the response given to the company’s only EV vehicle- S Model, wasn’t very encouraging. The speculation at the back of this soft response was that the company probably lacks sufficient charging stations in China to compliment the needs of Chinese populations.

Ironically, Tesla Motor Inc. (NASDAQ:TSLA) has a larger number of supercharger stations in U.S. than in China, whilst the latter is the most populous country of the world. However, Tesla Motor Inc. (NASDAQ:TSLA) aspires to entrench its feet deeply in important markets across the globe. This pursuit of Tesla Motor Inc. (NASDAQ:TSLA) is reflected in its latest achievement, where the company managed to outstep its competitor, CHAdeMO, by setting up a greater number of supercharger stations. It should be known likewise that the latter company also has an extensive network of supercharger points all over North America.

Tesla Motor Inc. (NASDAQ:TSLA) also claims that it has attained a major hallmark in its pursuit of leaving behind strong foot prints in the world’s significant markets. Its installation of 2000 supercharger points across four important continents of the world reiterates this very statement. Since typically one station comprises of two or three points, therefore Tesla Motor Inc. (NASDAQ:TSLA) now owns approximately 400 stations around the world. These stations can make driving all across United States, a living possibility. Moreover, a connection from United Kingdom to Continental Europe, then to South of France, to North of Norway and finally up to Artic Circle, has been made possible, owing to these supercharger stations.

China being not only the world’s most populous country, but also being the most probable economic power of the future, holds in immensely profitable prospects for Tesla Motor Inc. (NASDAQ:TSLA). Therefore, the company is working along the lines to build a connection between the country’s landlocked cities and currently, it has few stations which connect the coastal cities of China.

Tesla Motor Inc. (NASDAQ:TSLA) has been making ties with various important entities of China such as its premium telecommunications company and its real estate developers, so that its aim of fortifying the infrastructure of supercharger stations in China can be approximately fulfilled.

Statistics claim that at the present time, the number of such stations present in China is approximately one-half of those present in U.S. The irony of the matter is that China’s population exceeds that of U.S. by four times.