Owners of the Tesla Model S are now going crazy over a secret feature that allows drivers to feel like they are James Bond driving the famous submarine car, the Lotus Esprit from the 1977 movie, The Spy Who Loved Me. The feature has been available for a year now, but Tesla has just confirmed its authenticity on Jalopnik on Feb 26. The feature was said to be inspired by Tesla CEO Elon Musk’s love of James Bond. It is said he was the mystery buyer of the prop Lotus submarine in 2013 for $866,000.
How It’s Done
Get into the diagnostic mode of Model S center control touchscreen. Press and hold the Tesla logo and key in the access code 007. The Tesla image onscreen will then change into a Lotus Esprit s1 car.
According to Jalopnik, the revelation happened when a user posted the secret via Instagram.
Tesla Stock is Volatile
The discovery about the Model S James Bond feature has been taking over the internet by storm since last week. However, the stock was down 3.2 percent on March 2, with Money Morning stressing that Tesla stock will be volatile and not meant for conservative investors. Analysts from Bank of America maintained their “Underperform” rating for the stock.
According to Money Morning, Tesla stock does not fit in every portfolio. However, the stock is best for long term investment for patient investors. Tesla is engaging in a $5 billion project involving revolutionizing the lithium-ion battery market with its lithium ion battery plant, the Gigafactory. The company is aiming to power more than 500,000 vehicles annually by 2020.
Chief Investment Strategist Keith Fitz-Gerald of Money Morning said that predicting Tesla stock’s short-term performance is impossible.
“I believe Tesla is one of the best long-term investments an investor can make at the moment. If there is ever a case to buy a few shares and tuck them away, this is it,” Fitz-Gerald said. He added that buying the stock depends on the investors’ perspective.