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Denso cuts global production by 50% on virus, FY profit hits 11-year low

TOKYO (Reuters) – Japanese auto parts maker Denso Corp (6902.T) said on Thursday it has slashed global production by around 50% due to the coronavirus, adding its supply chain could be affected in the coming months if the outbreak is prolonged. FILE PHOTO: Denso Corp’s robot arm “Denoute-san” plays Japanese chess, also known as Shogi,… Continue reading Denso cuts global production by 50% on virus, FY profit hits 11-year low

Tesla’s ‘full self-driving’ feature is coming in subscription form

During the Q1 2020 earnings call on Wednesday, Tesla CEO Elon Musk confirmed that the company’s “Full Self-Driving” system will become available as a monthly subscription later this year. Tesla has been installing the necessary hardware for its autonomous driver-assist features for a few years already, which has allowed Tesla to offer both its Autopilot… Continue reading Tesla’s ‘full self-driving’ feature is coming in subscription form

Tesla delays Semi electric truck to 2021

Sponsored Links Roberto Baldwin/Engadget You’ll have to wait a while longer before you see Tesla’s Semi hauling cargo. As part of a presentation discussing earnings, Tesla said it was “shifting” (read: delaying) deliveries of its electric big rig to 2021, or two years past its original 2019 target. The company didn’t elaborate on what prompted… Continue reading Tesla delays Semi electric truck to 2021

Elon Musk says Tesla’s ‘battery day’ in May will be ‘the most exciting day’ in company history (TSLA)

Tesla’s rescheduled battery event will likely be in late May, CEO Elon Musk said Wednesday. On a conference call, Musk said it will likely be the “most exciting” in Tesla’s history. In 2019, Tesla held a “autonomy day” where it showed off its partially self-driving tech. Visit Business Insider’s homepage for more stories. The “most… Continue reading Elon Musk says Tesla’s ‘battery day’ in May will be ‘the most exciting day’ in company history (TSLA)

Lithium developer ioneer forecasts high margins for Nevada project

(Reuters) – Australian lithium developer ioneer Ltd on Wednesday forecast production costs for its Nevada lithium mine far below current prices for the white metal, implying large margins once it begins production in 2023. The forecast comes as U.S. politicians have been pushing for increased domestic mining of specialized minerals. Lithium is used to make… Continue reading Lithium developer ioneer forecasts high margins for Nevada project

GM delays GMC Hummer EV unveiling set for May

Detroit — General Motors Co. has indefinitely delayed the public unveiling of its GMC Hummer EV. The unveiling, previously scheduled for May 20 in Las Vegas, was delayed because of the COVID-19 pandemic that has caused states to issue stay-at-home orders and enforce social-distancing protocols. GM also had to delay the premiere of its electric Cadillac Lyriq crossover… Continue reading GM delays GMC Hummer EV unveiling set for May

Fortum sells majority share of Nordic EV charging operator to Infracapital

Finnish energy conglomerate Fortum has agreed to sell the majority of its public charging network operator Fortum Recharge to Infracapital, a subsidiary of investment manager M&G. Fortum Recharge owns approximately 1,300 public chargers, mostly DC fast chargers, and operates an additional 1,400 charging points in Norway, Finland and Sweden. After the transaction Fortum’s ownership in… Continue reading Fortum sells majority share of Nordic EV charging operator to Infracapital

UPDATE 2-Volkswagen, Toyota delay restarting U.S. production

(Reuters) – Volkswagen AG (VOWG_p.DE) and Toyota Motor Corp (7203.T) said Wednesday they will delay restarting U.S. production amid the coronavirus pandemic and concerns about the automotive supply network. FILE PHOTO: A general view of the Volkswagen construction plant which reopened after closing down last month due to the coronavirus disease (COVID-19) outbreak in Bratislava,… Continue reading UPDATE 2-Volkswagen, Toyota delay restarting U.S. production

UPDATE 1-Volkswagen indefinitely delays restarting U.S. production

FILE PHOTO: A general view of the Volkswagen construction plant which reopened after closing down last month due to the coronavirus disease (COVID-19) outbreak in Bratislava, Slovakia April 28, 2020. REUTERS/Radovan Stoklasa (Reuters) – Volkswagen AG (VOWG_p.DE) said Wednesday it is indefinitely delaying the resumption of production at its Tennessee assembly plant that had been… Continue reading UPDATE 1-Volkswagen indefinitely delays restarting U.S. production

Full Self Driving (FSD) “Pay As You Go” Feature Included In Tesla Source Code

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Published on April 29th, 2020 |

by Steve Hanley

Full Self Driving (FSD) “Pay As You Go” Feature Included In Tesla Source Code

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April 29th, 2020 by Steve Hanley

FSD, or Full Self Driving, is a feature available on all new Teslas for $7,000 — if purchased up front. It costs more if is added later. Elon Musk says the price will rise substantially in the future. That’s because as each new ability is added, Tesla cars become more valuable compared to the auto industry pack, and when the system is fully activated, owners will be able to send their cars out as driverless taxis as part of the Tesla Network and generate scads of income from doing so.

[Personally, I would rather drink iodine than loan my brand new Tesla out to the great unwashed for them to use and abuse as they see fit, but lots of people think this is the greatest idea since sliced bread. There’s a good chance I am just stuck in the past and wouldn’t recognize a good idea if it bit me. Now back to your usual programming, already in progress.]

According to Tesla aficionado “green”/@greentheonly, Tesla also now has a plan to allow owners to access FSD on a “pay as you go” basis. How does he know? Tesla has already baked it into the latest source code updates.

There’s more we don’t know about this plan than we do know. One could think of it as a variation of the “lease or buy?” conundrum. Some people dislike leasing. They prefer to decide when to trade their car and they believe their precious vehicle will somehow be worth a ton at trade-in time, despite a wealth of evidence to the contrary. Others like the idea of getting a new car every 2 or 3 years. They know leasing costs more than buying but the advantages offset the difference. It’s one of those “you pays your money and you takes your choice” sort of things. It’s why they make chocolate and vanilla ice cream.

There is speculation that people could sign up for FSD when they need it — like before taking that family vacation to the coast — then deactivate it when they get home. No one knows if that is what Elon has in mind, though. All we can say at the moment is that, based on green’s tweet, the pay-as-you-go option is now included in Tesla software. Details on how the program works will have to come from Tesla when the company feels the time is right.

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About the Author

Steve Hanley Steve writes about the interface between technology and sustainability from his homes in Florida and Connecticut or anywhere else the Singularity may lead him. You can follow him on Twitter but not on any social media platforms run by evil overlords like Facebook.

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