Items tagged with (NASDAQ:TSLA)

When it comes to electric vehicles, the Tesla Model 3 is arguably the most talked about product on the market. After the success of the Model S and the Model X, Tesla aimed down-market with the smaller Model 3 sedan. While the promise of a true $35,000 (before $7,500 federal tax credit) version has yet to be achieved, that isn't stopping Tesla from expanding the Model 3 family at the high-end, as witnessed by the recently introduced dual-motor variant. The Model 3 (for now) starts at $49,000 for a rear-wheel-drive car, and jumps to $54,000 for dual-motors (all-wheel-drive). However, selecting the... Read more...
Tesla has been fighting the media over the past few months as it has struggled to reach production milestones with the Model 3 mainstream electric sedan. Along the way, it has battled bad press surrounding Autopilot failures, and CEO Elon Musk has even questioned the journalistic integrity of some publications in what he sees as an "conspiracy" against Tesla. Now, a new result from the Luxembourg Testing and standardization authority (ILNAS) has Tesla screaming bloody murder about biased testing procedures. The testing and standards body put a 2015 model year Model S, which... Read more...
In an excited email to employees, Tesla founder and chief executive officer Elon Musk wrote, "We did it!!," making sure to add an extra exclamation point for emphasis. What Tesla did, according to Musk's email, is finally achieve the automaker's goal of producing 5,000 Model 3 electric vehicles in a single week, hitting the goal in the last week of the quarter. But that's not all. "Not only did we factory gate over 5000 Model 3’s, but we also achieved the S & X production target for a combined 7000 vehicle week!," Musk added. 7000 cars, 7 days ♥️ Tesla Team ♥️ — Elon... Read more...
We haven't heard much about the Tesla Semi in recent months, but development of the revolutionary electric vehicle (EV) is still ongoing and new interest in the vehicle sparked this week in a tweet. Despite the "production hell" that Tesla is currently experiencing with the Model 3 -- along with accusations of internal sabotage -- Elon Musk has given an update via Twitter on one peculiar feature that is under development for Autopilot: a Mad Max mode. Fully autonomous vehicles tend to take a more cautious approach when it comes to lane changes, leaving a few car lengths in between vehicles... Read more...
Ever since the original Model S launched back in 2012, one of the bedrocks of Tesla's forward-looking mission was the inclusion of integrated (and free) in-car internet. This cellular internet connection powers everything from vehicle navigation enhancements, to music streaming, to over-the-air updates that continually provide new functionality to the Tesla EV family. However, it looks as though Tesla has grown tired of giving away its full-fledged internet service to customers and will begin making some changes starting July 1st. We should come right out and clarify that the new policy that takes... Read more...
There has been a massive cloud of negativity swirling around Tesla over the past few months as it ramps up production of the Model 3 mainstream EV. Over the weekend, CEO Elon Musk revealed that a [now former] employee admitted to "extensive and damaging sabotage" to the company.  Today, Tesla has filed formal action against the former employee, Martin Tripp, in a lawsuit. The lawsuit, which was filed in a Nevada district court, alleges that Tripp wrote software to hack into the Tesla's proprietary manufacturing operating system (MOS) at its Nevada Gigafactory facility.... Read more...
Tesla is going through a critical phase in its existence at the moment. You can count that quarters that the company has reported a profit in its decade of existence on one hand; it has come under attack for Autopilot crashes (including some that resulted in death); and recently, a spontaneously combusting Model S made headlines. We have to keep in mind that all of this is going on as Tesla CEO Elon Musk announced that the company would be laying off 9 percent of its workforce right in the middle of Model 3 "production hell". That sure is a lot of negative news for one company,... Read more...
Tesla recently welcomed a number of new faces to its executive team. The latest crop of executives have been drawn from corporations such as Apple, Amazon, and Snap. The new hires are part of Tesla’s major company reorganization to ensure increased production of the critical Model 3. The company recently hired Stuart Bowers as the Vice President of Engineering. He will oversee a number of facets of Tesla’s software and hardware engineering. Bowers was the Vice President of Monetization of Snap, where he focused on machine learning and advertisement infrastructure. Bowers has also... Read more...
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...
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