Wayve, a well-funded London-based autonomous vehicle startup backed by Uber and Softbank, will begin testing its “Tesla-like” self-learning automated driving software in San Francisco and the Bay Area. The move marks its first on-road trials outside of the UK. Wayve opened a new office in Sunnyvale, California, to support its US expansion and AI development,… Continue reading Move over Waymo, here comes Wayve: a new self-driving player in California
Author: Electrek Newsfeed
Uber is offering customers rides in the Lotus Eletre for a chance to win free rides for a decade
To promote emissions-free rides in the UK, Uber has teamed up with Lotus to deploy a fleet of the latter’s Eletre Hyper EVs around London. Now through the end of November, London commuters can book a ride in an Eletre by selecting Uber Green in their app. Better yet, the rider who saves the most… Continue reading Uber is offering customers rides in the Lotus Eletre for a chance to win free rides for a decade
Tesla’s profits are now coming from things Elon Musk said he wouldn’t do
A significant part of Tesla’s growth in gross profit last quarter came from an increase in profits from servicing Tesla’s vehicles and selling energy through its Supercharger network – things Elon Musk said Tesla wouldn’t aim to make profits from. Back in 2016, Elon Musk was quoted saying this at a Tesla event when defending… Continue reading Tesla’s profits are now coming from things Elon Musk said he wouldn’t do
Elon Musk just said some wild things about Tesla’s self-driving rollout
Elon Musk just said some wild things about Tesla’s self-driving rollout – clarifying the path to Tesla deploying unsupervised autonomous vehicles next year. He may regret some of these comments. At the risk of repeating myself, Tesla has never released any data about its (Supervised) Full Self-Driving (FSD) program beyond the total number of miles… Continue reading Elon Musk just said some wild things about Tesla’s self-driving rollout
Even Musk seems to realize that Tesla’s future pricing numbers are made up
Tesla’s pricing numbers for its future vehicles are all over the place and changing by the minute. Just today, CEO Elon Musk revealed that the promised $30k price for Robotaxi would be “post-incentive” – before saying the car would cost $25k just minutes later. During Tesla’s Robotaxi event earlier this month, the company revealed that the… Continue reading Even Musk seems to realize that Tesla’s future pricing numbers are made up
Elon Musk finally admits Tesla’s HW3 might not support full self-driving
Elon Musk finally admits Tesla’s HW3 might not support full self-driving and that he doesn’t actually know what it will take. Millions of Tesla vehicles are equipped with HW3 computers. For the better part of the year, we have been reporting that Tesla can’t achieve its promise of “full self-driving on HW3, and it needs… Continue reading Elon Musk finally admits Tesla’s HW3 might not support full self-driving
Musk waffles about Tesla Roadster 2025 production – ‘close to’ finalizing design
Tesla CEO Elon Musk was asked about when the next-gen Roadster would be available during today’s earnings call, and his answer left much to be desired. On Tesla’s Q2 earnings call in July, Musk was asked when the Tesla Roadster is coming. He responded that the vehicle would go into production in 2025, the latest… Continue reading Musk waffles about Tesla Roadster 2025 production – ‘close to’ finalizing design
Tesla has produced its 7 millionth electric car
Tesla has confirmed that it produced its 7 millionth electric car yesterday — a great milestone for a company that greatly accelerated the electrification of the auto industry. Tesla produced its millionth vehicle back in early 2020 after 16 years of existence. In the next 4 years, it managed to produce 6 million more electric… Continue reading Tesla has produced its 7 millionth electric car
Tesla reiterates affordable models coming in 1H 2025, but with no new details
Tesla said today that it remains on track to produce and launch “more affordable models” in the first half of next year, but it shared no new details on when we might expect to hear more. For several years now, Tesla has been teasing everyone with the promise of more affordable models. While the Tesla… Continue reading Tesla reiterates affordable models coming in 1H 2025, but with no new details
Tesla (TSLA) predicts a record Q4, stock jumps 8%
With the release of its financial results for Q3 2024, Tesla (TSLA) is predicting a record fourth quarter – a rare prediction for the automaker. Tesla missed revenue expectations by about $300 million last quarter, but it did beat earnings per share by $0.12 with an EPS of $0.72 – thanks to higher-than-expected margins last quarter.… Continue reading Tesla (TSLA) predicts a record Q4, stock jumps 8%