Tesla
116 articles in this category
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Last May, Joshua Brown was killed in a crash when his Tesla Model S in Autopilot collided with a tractor-trailer. After an investigation that took over half of a year, the National Highway Traffic Safety Administration released their findings today. In a report, NHTSA said they didn't find any evidence of defects with the Autopilot system. The agency also stated that they would not ask Tesla to perform a recall on models equipped with Autopilot. In a statement, Tesla said "the safety
NHTSA closes their investigation into Tesla's Autopilot, what are the findings?
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There were serious concerns before the beginning of Tesla's annual shareholders meeting mostly due to CEO Elon Musk's erratic behavior over the past month or so. But Musk was on his best behavior during the meeting, where some big announcements were made. On the business front, Tesla shareholders voted to keep Antonio Gracias, James Murdoch, and Kimbal Musk on the board, despite criticisms from a group of shareholders that they aren't fully independent from Musk. There was also the proposal
Thankfully, Elon Musk was behaving quite well
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During their first quarter presentation, Tesla announced that it would be accelerating plans to produce 500,000 vehicles from 2020 to 2018. This in part due to the demand for the recently announced Model 3. This is an ambitious goal to say in the least and one that could haunt Tesla if they don't meet. Already, they might have hit a roadblock. Â Reuters reports that Tesla hasn't finalized the design of its new Model 3. During a call with analysts last week, CEO Elon Musk said design is still b
It seems Tesla isn't off to a good start with getting the Model 3 out the door
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For the past couple of years, Tesla has been offering an $8,000 "full self-driving" feature for their Autopilot system. But you couldn't use this feature as Tesla had not yet activated this feature. Basically, you were buying a system that Tesla promised would come online sometime in the near future. But that is not happening as Tesla has pulled the option for the time being. Last night, Tesla CEO Elon Musk tweeted the option has been taken off due to it causing "too much confusion". S
Company never activated the feature for almost two years
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Hertz has announced that it will sell off roughly 30%, or 20,000 vehicles, of its EV fleet. The move came after it announced a scale-back from its original goal of electrifying 25% of the rental fleet. Hertz's original goal was to acquire 100,000 Tesla and 65,000 from Polestar over five years. Teslas make up roughly 80% of the Hertz EV fleet. At the time of this writing, there are 631 Teslas for sale on Hertz's website and only 40 EVs from other brands. In a statement, Hertz cited substant
High Tesla repair costs and heavy depreciation really Hertz.
- Editor-in-Chief
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Back in 2017, the NHTSA released a report on the safety of Tesla's Autopilot system after the fatal crash of a Tesla owner in 2016. That report claimed that the use of Autopilot, or more precisely the lane-keeping function called Autosteer, reduced crash rates by 40%. In that original crash, the owner repeatedly ignored warnings to resume manual control of the vehicle. Critics questioned whether Autopilot was encouraging drivers to pay less attention to the road. The NHTSA report appeare
Third party analysis of data shows the NHTSA flubbed the numbers.
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After a long journey, Tesla has finally revealed the production version of the Model X crossover. Introduced at an event last night at the company's headquarters, CEO Elon Musk made his case as to why you want it. Â Musk began with safety as he states that the Model X is the first SUV that gets five stars in every crash test category. This is due to no gas engine in the front of the vehicle, and the heavy battery mounted so low in the vehicle which reduces the risk of a rollover. There is also
Finally! The Tesla Model X Is Revealed
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If you happened to be perusing the Monterey, CA Craigslist this morning, you might have come across an interesting ad. Someone had posted an ad for a Tesla Model 3. The vehicle allegedly has about 2,000 miles on the odometer. Like many of Model 3s currently rolling off the production line, this is the long-range variant with a 310-mile range. Other features include a panoramic glass roof, upgraded sound system, and "Aero" wheels. The price? $150,000. Our favorite part of the ad is the
It could have been yours for a cool $150,000!
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If you are one of the lucky people to order their Tesla Model 3 first, you'll be somewhat disappointed in the number of options available. At Tesla's annual shareholder meeting, CEO Elon Musk said buyers of the first Model 3s will only have two configuration options; colors and wheels. This is an effort to help ramp production of the Model 3 quickly. "You just need to decide what color you want and what size wheels, at least for the initial production," said Musk. Musk went on to
Color and wheels. That's all you can do you when configuring a Model 3
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In a staff-wide email sent today, Tesla CEO announced that the company would be laying off nine percent of its staff across the company. The cuts comes as part of "an effort to reduce costs and become profitable.” “Given that Tesla has never made an annual profit in the almost 15 years since we have existed, profit is obviously not what motivates us. What drives us is our mission to accelerate the world’s transition to sustainable, clean energy, but we will never achieve that mission unless
Elon Musk says the cuts "will not affect our ability to reach Model 3 production targets in the coming months."
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Tesla reported Q3 2018 Earnings on Wednesday with revenue of $6.82 billion and a profit $417 million or $2.90 per share. Tesla's earnings per share widely out-paces analyst estimates of losses of 15 to 19 cents per share. Revenue on automotive production increased 158% year over year with a dramatic increase in sales during the summer of 2018 due to increased sales of the Model 3 sedan. Tesla also cites increased gross margins on the Model S and Model X due to increased efficiencies. The M
Tesla beat Wall Street Analyst estimates by a wide margin.Â
- Editor-in-Chief
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There is no love lost between Tesla Motors and the former director of Autopilot. Bloomberg reports that the Silicon Valley automaker has sued Sterling Anderson over allegations of stealing confidential information about Autopilot and trying to recruit Tesla employees to his new venture. In the court filing, Tesla says Anderson began work on an autonomous-car venture, Aurora Innovation LLC back in summer when he was head of the Autopilot project. As the director of Autopilot, Anderson would
Tesla sues their former director of the Autopilot program for taking information about the system
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The latest way Tesla has been trying to get around states that ban direct sales (Michigan for example) is to apply for a dealer license. But this plan appears to not be working. Â Automotive News reports that North Carolina's Division of Motor Vehicles has rejected Telsa's application to attain a second dealership license and said the automaker must go through a third-party dealership group. The ruling states that Tesla didn't meet the specific requirements to become exempt from a state law pr
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Tesla hits a roadblock in North Carolina and Michigan
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Consumer Reports has rescinded the "Recommended" rating after a high number of survey responses came back with reliability complaints. Survey respondents have indicated that the electronics in the car have issues such the screen freezing or acting as though it was being touched rapidly in multiple locations. This issue would cause music to play, volume to increase to maximum, or the navigation map panning and resizing. Some owners reported issues with trim and paint, with a few, includin
Electronics, paint, and trim at fault.
- Editor-in-Chief
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Tesla has been fighting in various states to allow for direct sales of their vehicles. The most contentious being the state of Michigan which enacted a law in October 2014 banning automakers from selling vehicles directly to consumers. Tesla has been working hard to try and change the law by offering test drives and education to legislators, to no avail. Even the Federal Trade Commission has called on the state to rethink this law. But Michigan is sticking to its guns. Â So Tesla decided to do
Tesla does the unexpected in Michigan
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Last Tuesday, Tesla CEO Elon Musk tweeted that the company would produce "around 500,00" cars in 2019, a large increase over the goal of 400k vehicles the company previously forecast in January. Musk later corrected himself and said that is meant "annualized production rate at the end of 2019 probably around 500k". The problem with this tweet is that back in October, Tesla and Musk had entered into a settlement with the SEC that Musk's public statements regarding Tesla production, finances
SEC ask judge to hold CEO in contempt
