As expected, Tesla posted a larger-than-expected loss for the second quarter of 2016. The company’s plans to revolutionize several more industries are proceeding nicely, even as it stays resolutely focused on achieving the fastest production ramp-up in the history of the auto industry. If that sounds a little crazy, well, these are crazy times. Stock… Read more »
Search Results Found For: "Tesla"
Tesla and camera tech supplier Mobileye part ways
The Israeli firm Mobileye, which supplies camera-related tech to several automakers, will no longer provide equipment for Tesla’s Autopilot after the end of the current contract. The companies will end their collaboration when Tesla stops using Mobileye’s EyeQ3 chip, which seems likely to occur when the carmaker introduces its Autopilot 2.0 suite. The two companies… Read more »
Tesla ends buyback guarantee program
Tesla has ended a buyback offer that guaranteed the resale value of its cars. A Tesla spokesperson said the program was discontinued “to keep interest rates as low as possible and offer a compelling lease and loan program to customers.” The aim of the program, which began in 2013, was presumably to reassure buyers who… Read more »
Tesla reveals Master Plan, Part Deux
Is it madness, or genius? Will it save civilization, or summon the Terminators? Either way, Tesla is determined to make the next ten years mighty interesting. With Model S in a vigorous prime and Model 3 gestating, Elon Musk’s first master plan is nearing completion. That plan, unveiled 10 years ago, is familiar to Charged… Read more »
Changes to California ZEV rules could threaten Tesla income
As is the case with most government regulations, the California Air Resources Board’s Zero-Emission Vehicle rules are complex, and changing them tends to create winners and losers (and acronyms). CARB regulators are now considering changes to the rules that would make it harder for automakers to comply with ZEV targets by buying credits, rather than… Read more »
Tesla: Autopilot was not active during Pennsylvania Model X crash
Was it or wasn’t it? That’s the question that will now be asked every time someone crashes a Tesla. Well, don’t bother claiming that “Autopilot made me do it” if it isn’t true, because Little Brother is watching, in the form of electronic logs that record every movement of every Tesla automobile. After a recent… Read more »
Consumer Reports: Tesla should disable automatic steering
Tesla has been weathering a lot of criticism in the press since the fatal crash involving an Autopilot-equipped Model S. As Road & Track’s Jack Baruth very colorfully noted, some of it has come from self-appointed experts with little knowledge of the auto industry. However, the latest reproach comes from Consumer Reports, a respected publication… Read more »
Auto industry (except Tesla) spends an average $1,000 per vehicle in advertising
Elon Musk has said several times that he rarely thinks about marketing, and that if you build a truly revolutionary product, the marketing will take care of itself. Tesla has followed this philosophy since its founding. It participates in only the largest, most high-profile auto shows, gives access to only a few carefully selected journalists,… Read more »
Road & Track: Leave Tesla alone!
There was a time when the car guys of the automotive press heaped scorn and ridicule on electric vehicles. Today, as ever-more-advanced EVs appear on the roads and the racetracks, those days are long gone. Motor Trend has honored two EVs with its Car of the Year designation (the Volt in 2011, and Model S… Read more »
Will Tesla face an SEC investigation over disclosure of Autopilot crash?
The Wall Street Journal reported that the Securities and Exchange Commission is investigating whether Tesla breached securities laws by not immediately informing investors about the recent fatal crash involving an Autopilot-equipped Model S. The WSJ cited an anonymous “person familiar with the matter,” who said that the SEC’s inquiry is in a very early stage… Read more »