Items tagged with (NASDAQ:TSLA)

Tesla CEO Elon Musk is famous for sharing details of coming vehicles on Twitter, and he has been doing just that this weekend with some bean-spilling on the company's forthcoming dual motor AWD Model 3 EV. Musk said that Tesla is hard at work on the Model 3 dual motor all-wheel drive and performance versions of the vehicle. He claims that the car's "driving feel is amazing" and offered up some release info and configuration details. Musk did directly answer one poster who wanted more details on specifics of the front and rear motors, Musk wrote, "AC induction front & switched reluctance, partial... Read more...
Tesla has made a big name for itself in a relatively brief time as the go-to company for high-tech and long-range electric vehicles. Tesla's cars look very good on the outside, but what about the parts under the skin that we can’t see? Engineering company Munro & Associates has taken Tesla's latest car, the Model 3, and torn the car apart to see how well it is built. According to the engineering firm, where Tesla truly excels is in the battery pack and related power electronics. Munro & Associates went so far as to say that it was "shocked" by the advanced techniques that Tesla... Read more...
Tesla will have to forge ahead without the help of Jim Keller, a former AMD chip architect who joined the automobile company in 2015 to spearhead the development of custom AI silicon, among other tasks. That's because Keller has reportedly accepted a job at Intel where he will be able to concentrate fully on chip design, whereas at Tesla he had several other responsibilities, especially as his role took on greater importance the longer he was there. "Today is Jim Keller’s last day at Tesla, where he has overseen low-voltage hardware, Autopilot software and infotainment. Prior to joining Tesla,... Read more...
We've reported over the past week on the "production hell" that has engulfed the Tesla Model 3. Yesterday, it was reported that Tesla will shut down Model 3 production this week in order to prepare the assembly line for a big ramp in output. Now, an email that CEO Elon Musk sent out to employees gives some greater insight into what changes the company has in store and outlined a new, lofty production target for the Model 3. For starters, Model 3 production (before the shutdown) stood at around 2,000 units per week earlier this month. Now, Musk is saying that the company... Read more...
It's getting a bit hard to decipher what's going on over at Tesla these days. Last week, Tesla CEO Elon Musk confirmed that "production hell" is in full effect as it attempts to ramp Model 3production numbers. Musk blamed the slow buildup of production on "excess automation". He went on to add that the miscalculation on a proliferation of robots on the assembly line was his mistake and that "humans are underrated".  Now we're learning that Model 3 production is once again going to come to complete stop (the last production halt occurred in late February). According to BuzzFeed News,... Read more...
Sometimes, too much technology can be a hindrance to production goals, and Tesla recently found this out the hard way. Tesla, which is well known for its groundbreaking Model S hatchback and Model X crossover electric vehicles, attempted to go full-tilt with robots and automation to reach lofty production goals with its mainstream Model 3.  Tesla CEO Elon Musk has now admitted that the company's over-reliance on automation is actually the reason why the Model 3 is behind schedule. Speaking with CBS' Gayle King, Musk admitted, "We had this crazy, complex network of conveyor belts...... Read more...
On March 23, a Tesla Model X driver died after his vehicle drifted from its intended driving path and plowed into a concrete highway barrier. A subsequent investigation by Tesla determined that Autopilot was engaged during the time of the crash, and that that driver had not touched the steering wheel for six seconds prior to the collision. As is usually the case with these kinds of incidents, Tesla is off course trying to shift blame away from itself, and in this case is placing it on the deceased driver. This became even more apparent this week as the family of the deceased driver, Walter... Read more...
Tesla is well on its way to ramping up production of its entry-level Model 3 electric vehicle, but what many people are wondering is when the all-wheel drive (dual motor) variant will finally reach production. After all, AWD has been extremely popular with the Model S and is what helps give the flagship sedan a staggering amount of horsepower and the ability to rip off sub-3 second 0-60 times. A Model 3 reservation holder (who opted for the AWD configuration) inquired to Tesla CEO Elon Musk when production would begin ramping of the dual-motor vehicles. Musk responded that Tesla will need... Read more...
After getting off to a rocky start with Model 3 production, Tesla is starting to show some signs of stability and is increasing its output at a steady clip. The company announced this week that it produced 9,766 Model 3 electric vehicles during the opening three months of 2018. That's not counting the Model S and Model X, which added another 23,768 units to that tally, bringing Tesla's total output for the quarter at 34,494 units (a 40 percent increase from Q4 2017). Putting those numbers more into perspective, Tesla said that it produced 2020 Model 3s during the past week. Over the next week,... Read more...
Tragedy struck last week for a man and his family in California. The man was driving in his Tesla Model X when the vehicle struck a concrete barrier on Highway 101 near Mountain View -- he died as a result of the accident. The National Transportation Safety Board (NTSB) has been investigating to determine if the Autopilot feature was engaged, and now Tesla has now confirmed that it was in fact turned on at the time of the accident. Tesla wrote, "In the moments before the collision, which occurred at 9:27 a.m. on Friday, March 23rd, Autopilot was engaged with the adaptive cruise control follow-distance... Read more...
At a time when Tesla is struggling to keep up with demand for the Model 3, it has taken a rather curious turn with regards to its vast Supercharger Station network. If you recall, Superchargers are used to fast charge Tesla EVs, and were at a time free for all Model S and Model X owners. However, Tesla began charging new customers "a small fee" for that privilege on January 1st, 2017 (although an annual of 400 kWh is included in the purchase price). A new report shows that the fee that Tesla has been charging customers will increase dramatically for some customers. According to Electrek, rates... Read more...
It looks as though few people (or companies) are truly safe from cryptocurrency miners. Hackers have attempted various avenues to mine for Monero, with the latest crop of evildoers targeting Tesla's Kubernetes console, which unfortunately was not password protected. Once the Kubernetes console was compromised, the intruders were able to obtain credentials for accessing Tesla's Amazon S3 account, and the private data that was stored with the service. However, it doesn't appear that Tesla's data was the target of the hackers. Instead, they wanted to use the company's Amazon S3 resources for cryptocurrency... Read more...
When it comes to electric vehicles with breakneck acceleration, Tesla often comes to mind thanks to vehicles like the Model S and Roadster. However, a Japanese company, Aspark, is looking to put those EVs to shame. We present you with the Aspark Owl, a low-slung electric hypercar that features one electric motor per axle.  When combined, total system output comes in at 430 horsepower and 563 ft-lbs of torque. While that might not sound like a lot compared to the combined 691 horsepower and 792 ft-pound of torque for the Model S P100D (which also features dual motors), the Owl only weighs 1,874... Read more...
Records are meant to be broken, but not all records are desirable. Just ask Tesla, the electric vehicle company that just posted its biggest quarterly loss ever. While the pertinent figures are buried at the bottom of a long-winded financial report extolling the progress Tesla has made in 2017, they reveal a $675 million loss on $3.29 billion in revenue for the three-month period ended December 31. That's up from a loss of $619 million in the previous quarter and brings the total loss all of 2017 to $1.96 billion. Tesla's latest quarterly loss also matches the entirely of 2016, when the company... Read more...
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