Items tagged with (NASDAQ:TSLA)

Do you have your eyes on Tesla’s entry-level Model 3 electric sedan? Well, you aren’t the only one as over 300,000 people plunked down $1,000 deposits to hold their place in line to receive the vehicle, which starts at $35,000 before federal and state tax credits. Tesla CEO Elon Musk has stated that regular production will begin by the summer of 2017, which means that early bird pre-order customers should [hopefully] have their vehicles in hand by Christmas. However, during the lead-up to full-scale production, Tesla needs to work out the kinks with a limited production or “pilot” run of Model... Read more...
The remarkable thing about Tesla's automobile lineup is not just that they're electric vehicles with fancy technologies such as Auto Pilot (self-driving mode), but that they remain sporty in performance. This is especially true of the 2017 Tesla Model S P100D. Initiating what Tesla calls Ludicrous Model, which puts added stress on the motor, gearbox, and battery for a performance boost, the Model S P100D was able to hit 0-60 miles per hour in less than 2.3 seconds.The enthusiast drivers at Motor Trend took the 4,891-pound vehicle to the track where it posted the fastest 0-60 mph time of any production... Read more...
Elon Musk is boring. No, he really is. The brilliant business magnate just released a first glimpse of his boring machine that he intends to use to tunnel under the streets of Los Angeles. Late last night Musk tweeted an image of a large boring machine with the cutting head unattached with the caption “Minecraft”. Last week workers were spotted excavating a test trench 30 feet wide, 50 feet long, and 15 feet deep in front of SpaceX’s Los Angeles headquarters. The excavation's current location corresponds with Musk’s wish of developing a seven mile tunnel between the 105 freeway and the entrance... Read more...
Tesla is one of the hottest companies around these days, and it is continually adding new talent to help bolster its self-driving operations. And increasingly, Tesla has been picking its top prospects from Apple’s deep bench. Early last year, Tesla secured Jim Keller, an engineer that spearheaded both AMD K8 and Apple A-Series chip efforts, in order to lead in-house development of Autopilot hardware. This week, Tesla managed to steal the head of Apple’s Swift programming language: Chris Lattner. Lattner is settling in with his new role as Vice President of Autopilot Software at Tesla. He takes... Read more...
We often hear about everything that goes wrong when it comes to Tesla’s Autopilot system that is featured on the Model S and Model X (and soon, the Model 3). But what about when it gets everything right and helps to avoid an accident? Avoiding an accident might be a common occurrence for Autopilot, but what about when it predicts an imminent crash — two cars ahead of you? That is exactly what happened in The Netherlands. You can see a Tesla Model X cruising along in the left lane, while the vehicle directly in front of it is speeding along seemingly oblivious to what is taking place ahead. However,... Read more...
The self-driving car evolution is coming and we had better be prepared for it. Google/Alphabet has formed a new company, Waymo, which will plot a course forward for autonomous vehicle operations. The company already has a fleet of 100 Chrysler Pacifica Hybrid minivans coming online, and it is currently in talks with Honda to add even more vehicles to the fray. This is in addition to Google’s existing fleet of Lexus and Toyota hybrid vehicles and efforts from other tech companies like NVIDIA, which just got authorization for testing for its Drive PX2 systems in California, various auto manufacturers... Read more...
If a customer complains to the right person, it's impressive just how quickly action can be taken. On December 10, a Twitter user pinged Tesla head Elon Musk about how ridiculous it is that Supercharger stations are always being hogged by people with fully-charged vehicles. Without much hesitation, Musk replied, stating that action will be taken. Well, it sure didn't take long for that action to be taken. Beginning right now, if Tesla owners hog a Supercharger, their bank account is going to be dinged until the vehicle is removed. It's hard to find fault with this mechanic, as the terms are quite... Read more...
Samsung and Tesla are joining forces with Samsung set in place to manufacture SoCs (System on Chip) for Tesla’s self-driving cars and thus developing its own Application-Specific Integrated Circuit (ASIC) foundry. The agreement between Samsung and Tesla was reportedly signed on December 8th. A representative for the industry stated, “This is a long-term project that requires about 3 years for design, production of prototype, and mass-production. Working with a leading company like Tesla will provide an opportunity to greatly increase capability of Samsung Electronics’ automotive field.” An ASIC... Read more...
We like things that are awesome. You probably like things that are awesome, too (we're not going out on much of a limb with that assumption). So, do you want to know something that's awesome that we stumbled upon? Sure you do, which is why we're sharing a video of Tesla's Autopilot technology in action, though not as you've seen it before. The video doesn't just show an autonomous vehicle weaving driving through a city, it uses highlighted color coding so that we can see what the sensors see. Tesla has put a ton of work into its Autopilot technology. Vehicles equipped with Autopilot have eight... Read more...
Elon Musk isn’t just content with shaking up the car market (Tesla) or the space industry (SpaceX). With the shareholder-approved acquisition of SolarCity, Musk is also looking to revolutionize solar energy in the United States. Late last month, Musk unveiled textured quartz glass tiles that will be used in place of asphalt shingles that cover typical homes across America. But the added benefit of Tesla’s solar roof is that while they provide nearly the same energy benefits of typical solar panel installations on homes, they also happen to look like contemporary roofs with Textured Glass, Slate... Read more...
Tesla is growing faster than probably most people anticipated. The company is certainly outperforming Wall Street's expectations coming off its first profitable quarter since 2013 in which it recorded net income of $22 million, or 14 cents a share, for the three-month period ended September 30, 2016. To keep the momentum going and to hit its ambitious target of producing 500,000 cars per year by 2018, Tesla today announced plans to acquire Grohmann Engineering, a major player in automation manufacturing systems. "Accelerating a sustainable energy future is only possible with high-volume factories.... Read more...
If you’re the current owner of a Tesla Model S or Model X electric vehicle (EV), consider yourself lucky. If you manage to take delivery before the end of the year, you will have also dodged a bullet — you still have free lifetime access to Tesla’s Supercharger Network. But in a rather disappointing turn of events for future Tesla owners, the global Supercharger Network will no longer be completely free to use for new EV purchases made after January 1st, 2017. Tesla is hoping to make this bitter pill a little easier to swallow by giving new buyers 400 kWh of free Supercharging credits annually.... Read more...
Tesla revolutionized the electric car industry with the breakthrough Model S, and advanced the game with the Model X. Now, thanks to its impending purchase of SolarCity, CEO Elon Musk is looking to revolutionize the residential solar panel market. The use of solar panels in residential applications is nothing new, but the large installations are can be eyesores and don’t often blend in with the design aesthetic of the home. Tesla, however, has unveiled its new textured quartz glass tiles which replace the traditional asphalt shingles used in homes. The hydrographically-printed tiles appear completely... Read more...
Tesla Motors is sitting on cloud nine this morning after posting third quarter earnings that beat out Wall Street estimates and sent its stock price up. Specifically, Tesla reported net income of $22 million, or 14 cents per share, for the third quarter ended September 30, 2016, marking the first time the company has posted a profit since the first quarter of 2013. Just a year ago, Tesla posted a loss of nearly $230 million, or $1.78 per share. However, the car maker was able to more than double revenue from then to now, collecting $2.3 billion in the Q3 along with a positive free cash flow of... Read more...
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