So what is Tesla's big announcement planned for this week ?

I am even more curious what they are announcing tomorrow.
Elon said some may feel today's new is bigger, but he think's tomorrow's is.
Still hoping for a sped up supercharger roll out, or perhaps an even earlier repayment of the fed loan.

 

While so-called big car manufacturers talk about the lack of infrastructure for electric cars, he is putting charging stations, solar panel/solar city. Tesla Fires Up Solar-Powered Charging Stations - Businessweek

 

Holy cow! Ok, I was working at not getting serious expectations too high. Heck, I was even thinking it possible Elon was simply going to 'put his money where his mouth is' by buying a second Model S.
Now though they have announced a conference call with media and a Q & A session afterwards.
Media Advisory for Journalists, Analysts and Investors | Press Releases | Tesla Motors

This does seem really big...

 

I'm a bit slow on the uptake at times, but what was today's news (finance-related?)?

EDIT: Nevermind, I only saw the positive stock increase in JMD's graphic and not the text before it. Now it's clear. Profit's good (unless yer a commie!).

 

Tesla Model S Sales Exceed Target | Press Releases | Tesla Motors - and the cancellation of building 40 kwh models

I suspect the big jump was due to a short squeeze (artificially high demand due to shorts covering their positions).

 

I am sure there will be a slow decrease, but I suspect it will be to a level higher than it was at.
The fundamentals have changed now that they have had a profitable quarter.
And of course, streamlining their production process can't hurt.
I wouldn't be surprised if it slips back under $40, but I am hopeful it will hold at $41.50 or so.

 

Careful, I don't think that is accurate.
What they said is that after you take into account the fuel savings and other factors, it will be about $500 dollars.

This is 'meh' for current owners, but I think really good for the company. As not freeing a lease option was loosing them some sales (few, many, don't know) and the lease deal is really interesting.

You 'lease' it for 3 years, then at the end of that time you can turn it over to Tesla if you want for a guaranteed residual value, or hold on to it, or sell it to someone else if the value is greater than the residual.
Basically this should make it much easier for people that are nervous about buying an EV (as long as they can afford the lease).

 

Now the real trick is to see if anyone can get it down to $500 a month...good luck!

 

So at the end of 3 years, should one decide to hold onto the vehicle, what exactly happens? The residual value is refinanced at that time?

 

It looks like a lease/ownership hybrid model. Found this nifty cost of ownership calc: True Cost of Ownership | Tesla Motors

Coming from a Prius and accounting for the little driving I do and the state tax credits, et. al, I'm still looking at $1109/month. No can do ;(

 

Ah, no bottom line. Not quite as useful. Still, the total at the top does decrement depending on the values entered in the lower sections. Hmph.

 

True, but we had the flim flam man wording of after fuel savings. Tesla needed to lease the car to reduce the risk to buyers. It didn't need to be this twitter announcement of an announcement, then a pretend lease rate.

 

I saw 2 Model S in 3 days in my neighborhood. The new lease will make Model S more competitive with other European & Japanese luxury vehicles.

!
Tesla announces 'revolutionary' lease option for Model S starting at $1,050/month