Items tagged with (NASDAQ:TSLA)

Researchers from Keen Security Lab in China discovered and demonstrated a vulnerability in Tesla's Model S vehicles that could allow a remote hacker to fiddle with various controls, everything from opening the moon roof and adjusting the power seats to even applying the brakes. The security outfit shared its findings with Tesla, which issued an over-the-air update to plug the security hole. The researchers said they spent several months looking for vulnerabilities in Tesla's connected vehicles and were able to find several security holes. What's particularly alarming about the flaws they found... Read more...
As anyone who's ever been in a committed relationship that eventually ended can attest, breakups aren't always smooth or amicable. The same goes in the business world. Proof of that is playing out right before our very eyes as Tesla Motors and Mobileye engage the media in a game of he-said-she-said over why the two parted ways. According to Tesla, it has nothing to do with safety concerns related to the automaker's Autopilot technology, as Mobileye indicated to the press a day earlier.From Tesla's perspective, Mobileye is acting like a scorned ex-lover and ticked at the automaker's decision to... Read more...
Mobileye parted ways with Tesla not long after the first death was reported of a driver using Tesla’s Autopilot system. At the time, Mobileye didn’t exactly explain its reasoning (although it was pretty obvious) and Tesla CEO Elon Musk stated that Mobileye simply couldn’t keep up with this company’s rapid advancements in technology for its vehicles and that “our parting ways was inevitable.” This week, Mobileye chief technology officer Amnon Shashua has shed additional light on why it decided to leave Tesla at the altar. Shashua accused Tesla of “pushing the envelope in terms of safety” and that... Read more...
The electric vehicle (EV) wars about to really heat up. General Motors has thrown down the gauntlet with the Chevrolet Bolt, announcing early this morning that the vehicle will have an EPA combined driving range of 238 miles per charge. That’s well in excess of the 200+ mile range that GM has been promising all along, and compares favorably to the projected 215+ mile range of the upcoming Tesla Model 3. 238 miles of range puts the Bolt well ahead of contemporaries like the Nissan Leaf, Ford Focus Electric and the Chevrolet Spark EV — all of which have driving ranges of less than 100 miles per charge.... Read more...
Tesla is in the process of upgrading its Autopilot system to better 'see' the world surrounding world and discern from potentially dangerous objects that need to be avoided and those that don't require braking. Several of the changes that will ultimately lead to a smarter Autopilot system have been introduced in version 8 of its software. Version 8 contains dozens of small refinements, though the most significant upgrade is that of more advanced signal processing that taps the onboard radar to create a picture of the outside world. This represents a major change in strategy for Tesla and its Autopilot... Read more...
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 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...
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...
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...
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...
We have some rather tragic news to report in the world of autonomous driving. Via a blog posting on its site, Tesla Motors reported that the National Highway Transportation Safety Administration (NHTSA) has opened a preliminary investigation into the company after a fatal crash involving a Model S EV that was operating semi-autonomously via Autopilot. According to reports from the Levy County Journal and from Tesla itself, the vehicle was traveling along a divided highway when a tractor trailer that was initially traveling in the opposite direction made a left turn perpendicularly in front of it.... Read more...
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