Items tagged with Tesla

Let’s face it; no one was calling the Tesla Model S P90D a slow car — especially with Ludicrous Mode engaged. The vehicle is already fast enough to slay Porsches and most Ferraris in a straight line. However, being “good” isn’t enough. Tesla wants to be the “best”. Hence, the company has finally introduced the long-rumored 100 kWh battery for both the Model S sedan and the Model X crossover. This is the largest capacity battery ever offer in a Tesla vehicle, besting the 90 kWh option that was introduced last year. When affixed to the Model S, the vehicle can accelerate from 0 to 60 mph in... Read more...
Well folks it's official, SolarCity is joining Tesla after accepting a proposed buyout offer by the latter. Tesla made a formal bid to acquire SolarCity a month ago, and the two companies have now reached an agreement to combine forces, creating what Tesla brags is the world's only vertically integrated sustainable energy company. This is an all-stock transaction with an equity value of $2.6 billion based on the 5-day volume-weighted average price of Tesla shares as of July 29, 2016. As part of the buyout agreement, SolarCity shareholders will receive 0.110 Tesla common shares for each SolarCity... Read more...
Tesla Motors is working feverishly to finish constructing its $5 billion, 3,200 acre "Gigafactory" located outside Sparks, Nevada (near Reno). It's already semi-operational with 1,000 construction workers toiling away seven days a week in two shifts. The factory, which is two years ahead of schedule, will help meet what's anticipated to be high demand for lithium-ion batteries for Tesla's not-yet-released Model 3 sedan. "We have to be ready with cell and pack production well ahead of vehicle production," JB Straubel, Tesla’s chief technical officer and co-founder, told The Wall Street Journal during... Read more...
It looks like Tesla will not be getting competition from Apple anytime soon. Apple’s rumored electric car, “Project Titan”, has reportedly been delayed until 2021 due to complications with its development. Why is the car being delayed? Well, no one really knows. Some theorize that the delay is due to the departure of Project Titan leader Steve Zadesky this past year. Others have argued that the brothers working on the project -- Brian, Kevin, and Michael Sumner -- have not finished developing the software needed to capture the tremendous amounts of data Apple cars will generate. Apple will need... Read more...
Tesla is shifting focus always from being primarily an auto manufacturer to a company that is all about sustainable energy (the company recently dropped the “Motors” from its name). Elon Musk detailed his vision for the company in what he dubs “Master Plan, Part Deux” in a blog posting. Musk’s original master plan was revealed in August 2006, and the company has met all of those goals, which include 1) creating an expensive low-volume car, 2) using the funds from that vehicle to produce a medium volume car at a lower starting price, 3) create a high-volume affordable car for the masses and 4) introduce... Read more...
Amidst all the negativity that has been swirling around Tesla Motors in the past month, the company has skipped a lot of the usual fanfare to introduce a cheaper variant of the Model X crossover. But even though the new Model X 60D is $9,000 less expensive than the previous entry-level model, the Model X 75D, it’s still a vehicle reserved for well-healed Americans with a starting price tag of $74,000. Given its 60D nomenclature, we can easily determine that this vehicle has all-wheel-drive (AWD) and a 60 kWh battery. However, the battery is 60 kWh in name only — Tesla has likely installed a 75... Read more...
Yet another agency is looking into a fatal crash involving a 2015 Tesla Model S. The latest to don its detective cap is the U.S. Securities and Exchange Commission (SEC), which is investigating whether Tesla ran afoul of securities regulations by not telling investors of the crash involving the company's self-driving car technology. The accident occurred in early May and took the life of Joshua Brown, the owner of the Model S that struck an 18-wheeler when the tractor trailer crossed in front of him on a divided highway. At the time of the accident, the vehicle's Autopilot mode was engaged. Unfortunately... Read more...
Ever since the fatal Model S crash that occurred back in May, it looks as though every driver that has a serious accident with their Tesla EV is looking to blame Autopilot. Such was the case last week when a Model X flipped over on its roof on the Pennsylvania Turnpike. And now, a Model X driver that crashed on a dark two-lane road in Whitehall, Montana at 2AM is also looking to blame Autopilot. Now before we starting pointing fingers, we should note that Tesla Motors CEO Elon Musk has stated that Autopilot actually works better at night than it does in the day time:@elimelechweiss actually works... Read more...
Tesla Motors could use a bit of positive publicity to offset the recent scrutiny over its autonomous vehicle technology. What better way to do that than to hint at something awesome (and super secret) through social media? Tesla co-founder and product architect Elon Musk attempted to do just that by referencing a "Tesla masterplan" on Twitter."Working on top secret Telsa masterplan, part two. Hoping to publish later this week," Musk tweeted out over the weekend. His tweet elicited a bevy of guesses and humorous responses on Twitter, some of the former being a flying car and an Iron Man suit. As... Read more...
Following the first fatal accident involving Tesla's autonomous vehicle technology, the National Transportation Safety Board (NTSB) is sending a team of five investigators to Florida next week to investigate the crash and the circumstances that allowed the accident to occur. That's in addition to a probe by the National Highway Traffic Safety Administration (NHTS). Clarence Ditlow, executive director of the Center for Auto Safety advocacy group in Washington, told Bloomberg that NTSB's probe is "very significant," adding that "the NTSB only investigates crashes with broader implications." Indeed,... Read more...
Tesla has had to deal with a tragic car accident, skittish solar investors, and an inability to meet order demands. Now the company is firing back at an article they found to woefully inaccurate. Fortune contacted Tesla over the holiday weekend for comment about a man who died while traveling in his Model S with Autopilot engaged. Tesla claims Fortune made unfair and incorrect assumptions about the incident. Tesla first argued that Fortune first mischaracterized Tesla’ SEC filing. The filing stated, “We may become subject to product liability claims, which could harm our financial condition and... Read more...
It seems as though Tesla Motors just can’t catch a break these days. Last week, the company reported that it was under investigation by the National Highway Transportation Safety Administration (NHTSA) after a driver was killed using Autopilot in a Model S EV. While blaming fingers quickly pointed to Tesla, it was shortly thereafter revealed that the driver of the vehicle was in fact watching a Harry Potter movie when he collided with a big rig (which neither he for obvious reasons nor the Model S’ forward-looking cameras managed to notice). Now it’s being reported that Autopilot was enabled in... Read more...
Tesla can’t seem to catch a break. On Sunday the company revealed that it had only delivered 14,370 out of the promised 17,000 cars for the second quarter of 2016. Tesla was simply unable to ship out all of the cars in time. The company remarked:Due to the extreme production ramp in Q2 and the high mix of customer-ordered vehicles still on trucks and ships at the end of the quarter, Tesla Q2 deliveries were lower than anticipated...In total, 5,150 customer-ordered vehicles were still in transit at the end of the quarter and will be delivered in early Q3Last quarter, Tesla did not have enough... Read more...
Just a day after it was reported that a man was killed in a tragic accident involving a Tesla Motors Model S electric vehicle, more details surrounding the circumstances of the incident are coming to light. As Tesla has stated repeatedly when it comes to using Autopilot, it’s the responsibility of the driver to maintain control of the vehicle at all times. Eyewitness reports and police officials that were on the scene immediately after the crash have added some much needed clarity. Frank Baressi, the driver of the truck that Joshua Brown's Model S crashed into, said that a Harry Potter movie... Read more...
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