Manufacturing – Page 14038 – I wish I had more to offer

Elon Musk tweeted, then revised, Tesla financial guidance. He probably shouldn’t have.

Bobby Yip | Reuters
Tesla Chief Executive Elon Musk stands on the podium as he attends a forum on startups in Hong Kong, China.

Elon Musk tweeted — then revised — projections for full-year Tesla manufacturing numbers.

The CEO said late Tuesday that Tesla would make “around” 500,000 vehicles in 2019, later clarifying he “meant to say” the company's annualized production rate at the end of 2019 could be around 500,000 vehicles — or a production rate of 10,000 cars per week. Total deliveries for the year are still estimated at 400,000, Musk said.

The posts seem unoffensive by Musk's standards, given his penchant for inflammatory tweets. But the incident raises questions about the effectiveness of an SEC fraud settlement and attempts to rein in Musk's online antics.

As part of the company's settlement with the SEC in September — which stemmed from a now-infamous Musk tweet about taking the company private — Tesla was supposed to create a system for monitoring Musk's statements to the public about the company, whether on Twitter, blog posts or any other medium.

“It comes back to, the company is still running like a start-up,” Loup Ventures founder Gene Munster told CNBC's “Squawk Box” on Wednesday. “This is a $50-60 billion market cap company. This should not be run like a start-up.”

It's unclear whether there's a system in place to monitor Musk's tweets about the company. Musk told CBS' “60 Minutes” in December that no one was reading his tweets before he published them.

“I have always had this hope that Elon would change, and I think it's reiterated that he is not going to change,” Munster said.

Musk's tweets have proven to move the stock as much as 10 percent in some cases, and invited a defamation lawsuit from a British rescue diver who sparred with Musk online.

Separately Wednesday, Tesla announced its general counsel was leaving the company after only two months on the job. Share prices were down slightly in early trading Wednesday.

Correction: This story was revised to correct the references for the days of the week.

WATCH: Tesla general counsel leaves after 2 months on the job

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Ahead of electric-car production, VW demands suppliers cut carbon emissions

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Volkswagen ID Neo concept, 2016 Paris auto show
As Volkswagen ramps up to build a new generation of mass-market electric vehicles in the aftermath of its diesel scandal, regulators and environmental groups will likely be paying close attention to their emissions—especially the emissions created in making them.

The Financial Times, in a Sunday report, presented some interesting pieces of information based on an interview with Marco Philippi, the corporate director for procurement for the VW Group, which oversees not just VW but Audi and many others.

In the upcoming ID Neo, the first MEB vehicle, which reaches the market late this year in Europe, the carbon emissions impact from the supply chain is 150 percent higher—2.5 times higher—than that of a Golf TDI.

DON’T MISS: VW’s new U.S. CEO: The tipping point on EVs is already here

Given that, it’s not surprising that VW has made some very strong demands to its suppliers—that as plans for its new generation of fully electric cars come together, they’ll need to comply with new, tighter rules about carbon emissions from their operations.

Volkswagen, among other automakers, already issues annual sustainability reports that have made sure that its suppliers—not just the top-tier ones, but down the supply chain—comply with environmental and social standards. One such example is the use of conflict minerals like cobalt.

What's new is the closer monitoring of carbon emissions, which has only in the last decade become a point of pride for top-tier suppliers. By adding second- and third-tier suppliers, VW will have a much more accurate picture of how much energy is going in—and the total emissions involved.

CHECK OUT: Volkswagen details the foundation for 10 million electric vehicles

All 40,000 suppliers could soon be issued “S-ratings,” for sustainability, that would affect their future use by the global automaker.

Philippi remarked to FT that right now for EVs the focus is on the reduction of cobalt and cutting the cost of manufacturing. So the carbon piece may prove an additional puzzle for some suppliers.

“This is a revolution,” said Philippi. “If there are violations, our partners will not be our partners.”

2018 Volkswagen e-Golf electric cars on assembly line in

The company has already made some large-scale changes to clean up its manufacturing. The cornerstone of that effort is its Zwickau factory, where VW has committed to convert from the production of 300,000 internal-combustion-engine vehicles a year to the same number of all-electric cars by 2021. It calls that facility, which is run by Austrian hydro-power, “Europe's most efficient e-car factory.”

The battery packs are what drives manufacturing carbon impact so high for EVs, relative to internal-combustion vehicles. VW has previously declared that its batteries, down to the cell production, will also be made with green energy.

READ MORE: Charging ahead: VW follows Tesla into power business

VW already plans to make other significant green-manufacturing commitments around the world, including two more plants in Germany, two in China, and an $800 million expansion in Chattanooga, Tennessee that will bring that plant an additional 1,000 jobs with the company and many more at suppliers.

The strategy also fits right in with VW’s creation, last month, of Elli, the company’s “electric life” affiliate that will sell all the ancillary home-related services to electric-vehicle ownership, such as clean power, energy storage, and charge points, in what we see as an attempt to help owners in all regions lower their carbon impact as well. So far, the service is limited to Europe.

Texas Startup Offering City-To-City Shuttle Service In Teslas

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Cars Published on February 18th, 2019 | by Kyle Field
Texas Startup Offering City-To-City Shuttle Service In TeslasTwitterLinkedInFacebookFebruary 18th, 2019 by Kyle Field

A new startup is building an army of Teslas in Texas to establish a city-to-city shuttle service. ElecTrip is the name of this new luxury city-to-city shuttle service.
The business is unique in that it does not plan to own all of the Teslas it needs, but has purchased two vehicles to anchor its operations. In order to grow its capacity beyond those two vehicles, the company is reaching out to private owners and asking to rent their vehicles from them for the day as needed. In exchange, owners will get $100 to $175 per day, depending on the number of miles put on their vehicle while it was out.
On the customer front, ElecTrip is offering passengers a dedicated Tesla shuttle that will take them from within 50 miles of their starting city to another city within a 4-hour drive without needing a charge. The hope is that passengers will be willing to pay more than they would for a comparable Uber or Lyft for a premium, dedicated experience.
ElecTrip is aiming at what it sees as a sweet spot in pricing between ride-sharing services and airline travel. Hopping on a plane could be faster, but with the additional security and hassle, taking a door to door shuttle could be a more appealing offering, especially if the service can hit a lower price point. Airline travel also comes with a massive emissions footprint that electric transportation is able to improve upon.

The price for the service ranges from $200 for the 1 hour and 20 minute run from Austin to San Antonio all the way up to $430 for the 3½ hour slog from Houston to Dallas. Don’t think that $430 puts them out of the running, as the service can accommodate up to 5 people, which has the potential to make riding in a Tesla the lower cost option in many cases.
ElecTrip was founded by two University of Texas at Austin grads who were attracted to the idea of electric vehicles and started looking for a way to capitalize on the lower maintenance costs of the vehicles. The business is still just getting off its feet, but one year into the adventure, the founders are excited by the rapid month-over-month growth they continue to see.
Related:
New Tesla Shuttle Website For USA
Boston ↔ NYC In A Tesla
Tesla Shuttle Flies Into Florida

About the AuthorKyle Field I'm a tech geek passionately in search of actionable ways to reduce the negative impact my life has on the planet, save money and reduce stress. Live intentionally, make conscious decisions, love more, act responsibly, play. The more you know, the less you need. TSLA investor.

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Mercedes-Benz at the Mobile World Congress 2019: Cooperation as a key factor of successful digitisation

20.

February 2019

Stuttgart/Barcelona

Stuttgart/Barcelona. At the Mobile World Congress (MWC) from 25 to 28 February 2019 in Barcelona, Mercedes-Benz and the cross-Group initiative DigitalLife@Daimler are putting the spotlight on the significance of strategic partnerships for the digital transformation. Across an area spanning 320 square metres, technologies and innovations from various sectors can be experienced: for example the big-data platform eXtollo, which Daimler has developed on the basis of Microsoft Azure, and future mobility solutions for the bus. Also being presented are the CLA Coupé, which is celebrating its European premiere, the new Mercedes-Benz EQC and the new Mercedes-Benz Actros. On 25 February Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars plus Satya Nadella, CEO of Microsoft, will be making a joint appearance. Current information at #FutureOfMobility #MWC19.
The Mobile World Congress is now a firm fixture in Daimler AG's show calendar: this is the third time the car company has had its own stand at the tech congress. Its presence aims to make the various digitisation activities in the Group visible and tangible. This involvement is in conjunction with the DigitalLife@Daimler initiative: it provides impetus, develops new formats and acts as an intermediary between divisions – so that everyone in the company can benefit from the opportunities provided by the digital transformation and help shape the change.
“For us, digitisation is more than zeros and ones. It is also a mindset. For us, an open corporate culture is just as much a part of the digital transformation as innovative ideas and new products”, say Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars.
As we open up strategically to new ideas and ways of working, the importance of new partnerships increases. An example of this is Daimler AG's cooperation with Microsoft in building up the global big-data platform eXtollo. Behind it is the first cloud-based solution for evaluating large quantities of data on the basis of Microsoft's cloud and data platform Azure, which meets the car company's high security requirements. Big-data analyses are used, for example, in vehicle maintenance and development. The new cloud service makes it easier for Daimler employees to exchange data quickly, regardless of their location. The company can control and encrypt access to the data itself.
At the Mobile World Congress Daimler boss Dieter Zetsche will meet with Microsoft CEO Satya Nadella on 25 February 2019 from 5 p.m. They will talk about new cooperations and the technologies of the future and a corporate culture which is necessary to guide two heavyweights like Microsoft and Daimler successfully through the digital transformation.
Stand concept focuses on variety and dialogue
Visitors will find the exhibition area of Mercedes-Benz and DigitalLife@Daimler in Hall 6. The first ports of call for all fans of automotive innovations are the CLA Coupé, which is celebrating its European premiere at the MWC and putting the topic of gaming front and centre, and the “Mercedes-Benz of electric vehicles”: the new Mercedes-Benz EQC.
On board the EQC visitors can discover features such as the latest generation of the multimedia system MBUX – Mercedes Benz User Experience. There is also an MBUX demonstrator. The innovative operating system will later be part of the CLA Coupé's standard equipment. The CLA has been equipped with another highlight specially for its appearance at the show: a new gaming application. It facilitates a look ahead to the driving experience of tomorrow. For thanks to autonomous driving, in the future there will be more time on board a car to make use of the entertainment on offer.
First series truck with outside-mirror camera instead of outside mirrors, plus multimedia cockpit
The opposite side of the stand puts the focus on the Truck division. A walk-on 1:1 model of the new Mercedes-Benz Actros is on display. A look into the cockpit makes it clear to what extent topics such as digitisation, partially automated driving and networking are also revolutionising the driving experience in the truck. The most striking highlights of the new Actros are the outside-mirror camera system, which affords optimum vision, and the intuitively controllable multimedia cockpit in the interior. The heavyweight's key and most spectacular new feature is the Active Drive Assist. It sees Mercedes-Benz Trucks bringing partially automated driving to series production. The new Active Drive Assist can brake, accelerate and steer autonomously. The equipment also includes the Mercedes-Benz Truck App Portal from the telematics provider Fleetboard. Apps such as Fleetboard Driver make the driver's work easier and can be used in the multimedia cockpit.
The connecting element at the centre of the show stand is what is known as the “Campus”. It offers a stage for innovations from different corporate units of Daimler AG. Many of the projects unveiled here, including the big-data platform eXtollo, are benefiting from new forms of cooperation. By presenting new products and features which have yet to reach series maturity in some cases, Daimler is entering into a dialogue with partners and customers at an early stage. This approach underlines the company's conviction that innovations must follow people's needs and not the other way round.
The innovations being presented and discussed include the following:
DigitalLife Crowd Ideation Platform: on this internal platform Daimler employees can suggest ideas as part of competitions – Challenges – and comment on and assess then and even invest virtual money. More than 115,000 employees have already registered. Now the initiative is entering the next stage and is opening up the platform externally. Transparency, interaction and openness to new partnerships are thus advancing to a new level. Digital travel companion for more road safety: In Barcelona, Daimler Financial Services is for the first time presenting a Proof of Concept for an app which combines behavioural and personal data from a smartphone and wearable with real-time data such as traffic data. As a digital travel companion the app supports the driver with individual recommendations on long car journeys. It is a digital addition to the drowsiness warner ATTENTION ASSIST from Mercedes-Benz, already installed as standard. As an app the service can be used irrespective of the brand and vehicle model. Customer Journey Bus: using selected scenarios from the Innovation Lab Mobility Solutions, Daimler Buses is demonstrating how the travelling experience is set to change for bus passengers. At Mobility Solutions, Daimler Buses is working closely with startups and other partners. At the MWC the Lab is presenting the “Customer Journey” of the future at the MWC by way of example. It begins with smart and flexible planning of the itinerary, continues with immersive-gaming offers during the journey and extends to interactive sightseeing including real-time information on the windows of the bus. In the Campus area the exhibitors are also inviting visitors to daily “DigitalLife TechTalks”. In three to four discussion panels each day, experts discuss a variety of trend topics such as Urban Mobility, Intrapreneurship, Fit&Healthy and Digital Transformation in Formula 1. As part of the TechTalks Daimler is presenting features such as the app pacTris for Mercedes-Benz vehicles. PacTris is a digital loading assistant which helps even during the shopping experience when it comes to the question of whether and how the products and packages chosen best fit in the boot. Following the big success during pilots for the smart, pacTris is now being integrated as a new function for Mercedes-Benz vehicles.
Two stands, one aim: MWC and 4YFN
In parallel with the Mobile World Congress the startup fair “Four Years From Now” (4YFN) is taking place in Barcelona. DigitalLife@Daimler also has a stand there. In terms of content the presence follows on from the presentation at the MWC, by making the strategic significance of the DigitalLife crowd ideas platform tangible with the aid of concrete examples: internal startups from Daimler, which have submitted their ideas on the platform and put them up for discussion, are presenting the current status of their projects in the inspiring framework of 4YFN.
What exactly is DigitalLife@Daimler?
Daimler has already been investing in the digitisation of all its business processes for many years. In order to shape this change already, from a position of leadership, the company wants to strengthen all of its global units to enable them to form the basis for the successful implementation of new business models with an emphasis on the company's 5C strategy. We shall: strengthen our core business (CORE), lead in new future fields (CASE), adapt our corporate culture (CULTURE) and adapt our divisional structure (COMPANY). The benchmark for each of these modules is our fifth and most important C: our CUSTOMERS. For a long time now, Daimler has made the digital transformation a key component of its corporate strategy. With DigitalLife@Daimler we are promoting the digital transformation in all divisions at Daimler and driving forward digital issues with an integrated and cross-divisional approach.

Press Contact

Benjamin Oberkersch

Digitalization & IT

benjamin.oberkersch@daimler.com

Tel: +49 711 17-93307

Fax: +49 711 17790-22621

Georg Walthart

Communications Mercedes me

georg.walthart@daimler.com

Tel: +49 711 17 99474

Fax: +49 711 1779065617

Carola Pfeifle

Mercedes-Benz Trucks Products

carola.pfeifle@daimler.com

Tel: +49 711 17-53551

Fax: +49 711 17790-94054

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