Mar 11, 1:27 AM EDT Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Technology By Precious Silva 03/11/19 AT 12:54 AM Tesla watchers have highlighted the changes on the company's website after noticing how Elon Musk’s company has seemingly taken a step back from its promise of delivering a fully autonomous vehicle functionality."The future use of these features without supervision is dependent on achieving reliability far in excess of human drivers as demonstrated by billions of miles of experience, as well as regulatory approval, which may take longer in some jurisdictions. As these self-driving capabilities are introduced, your car will be continuously upgraded through over-the-air software updates," Tesla’s updated website states.Vigilant Tesla watchers on the Tesla Motors Club chat forum were first to spot the changes made recently. Previously, Elon Musk's company caught the attention … [Read more...] about Elon Musk’s Tesla Unlikely To Keep ‘Full Self-Driving’ Feature Promise
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Feb 21, 11:07 AM EST Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Technology By Lorraine Lorenzo 02/21/19 AT 7:04 AM Elon Musk’s Tesla Model Y is rumored to make an appearance during the 2019 Shanghai Motor Show this coming April 16.According to a report, industry insiders are already pegging the major international car show as the venue for the reveal since Tesla is already building a Gigafactory in China. The factory will produce the Model Y geared for the Chinese market. In the U.S., the Gigafactory in Spars, Nevada is set to start producing the Model Y by the year 2020.The release in April is the second date speculated for the Tesla Model Y launch. Last May, Musk tweeted that the company might unveil the new model on March 15th, saying, “the Ides of March sounded good."However, when it comes to product unveiling, Tesla has been known to delay reveals. The billionaire CEO has also not discussed a possible … [Read more...] about Elon Musk Tesla Model Y News: Unveiling Could Happen At 2019 Shanghai Motor Show?
Feb 14, 3:43 AM EST Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Technology By Lorraine Lorenzo 02/14/19 AT 12:56 AM Tesla Model 3, considered to be one of the most successful electric cars in the market because of its relative affordability, is poised to have a devastating first quarter sales report. This is despite the fact that the car offers some of the best specs and engine performance compared to other electric vehicles. According to Seeking Alpha, deliveries of Tesla Model 3 sedans fell badly in January despite the supposed 450,000-strong pre-order book. The reason cited for the fall is failure from Tesla to deliver the vehicles in the U.S. as well as below than expected demand from buyers in Europe and even in China. Tesla Model 3 is known for its dual motor all-wheel drive, handsome 20-in performance wheels and brakes, as well as its lower suspension, which is aimed at providing total … [Read more...] about Elon Musk’s Tesla Model 3 Reportedly Suffers Weak Demand
Feb 05, 8:34 PM EST Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Technology By Arthur Villasanta 02/05/19 AT 1:42 AM In 2011, Elon Musk predicted that supercapacitors, not batteries, will power future electric vehicles (EVs) such as those being produced in massive numbers by his Tesla, Inc.On Monday, Musk took a huge gamble to make the gigantic leap forward that will see supercaps replace batteries in future EVs. Musk announced that Tesla will acquire Maxwell Technologies, a firm based in San Diego, California that makes supercapacitors (or ultracapacitors), which store and deliver energy much the same way a battery does but provides more power and shorter charging times.“I'm a big fan of ultracapacitors,” Musk once tweeted.In a statement announcing the Maxwell Technologies acquisition, Tesla said it’s always looking for potential acquisitions that make sense for the business and support Tesla’s mission to … [Read more...] about Elon Musk’s Tesla Buys Maxwell To Develop Supercapacitors For Electric Cars
Tesla hit back at a Wired piece which portrayed chief executive Elon Musk acting erratically and going on firing sprees.Tesla called the piece an "overly-dramatic and sensationalized tale."The company disputed stories of Musk going on firing rampages in the Gigafactory which caused employees to avoid going near his desk.But Wired's report dovetails with earlier reporting from Business Insider, with employees likening the firm to a 'cult.'Tesla has fought back against claims made in an explosive deep dive on Tesla published on Thursday by Wired.Journalist Charles Duhigg spoke with current and former Tesla employees over the course of six months during the company's 'production hell' caused by the production ramp for the Model 3. 30 PHOTOS Elon Musk through the years See Gallery Elon Musk through the years Elon Musk, founder, CEO and lead designer at SpaceX and co-founder of Tesla, speaks at the International Space Station Research and Development Conference in Washington, … [Read more...] about Tesla says Elon Musk doesn’t ‘randomly’ fire people for no reason