Tag: Tesla

Clean Technica: Do Teslas Really Account for 70% of US Crashes Involving ADAS? Of Course Not002121

Quite surprisingly, the National Highway Traffic Safety Administration (NHTSA) recently started collecting somewhat broad data on automobile accidents involving SAE Level 2 Advanced Driver Assistance Systems (ADAS) — driver-assist technology like cruise control, lane keeping, and automatic lane changing. The first report on the collected data was published last month. Immediately, a rather shocking figure… Continue reading Clean Technica: Do Teslas Really Account for 70% of US Crashes Involving ADAS? Of Course Not002121

Clean Technica: Tesla Owners Selling New Cars For Profit Amidst High EV Demand 002120

Many Tesla buyers are waiting several months to take delivery of the electric vehicles, due to high demand, exacerbated by inflation and the ongoing semiconductor shortage. Despite the letdown for consumers, some Tesla owners saw an opportunity in the market’s current climate and decided to capitalize on it. Tesla models driving in a line. Image courtesy… Continue reading Clean Technica: Tesla Owners Selling New Cars For Profit Amidst High EV Demand 002120

World’s “Fastest Airliner” Could Cross Atlantic In Just 3.5 Hours

“Aviation has not seen a giant leap in decades.” The Overture Airline company Boom Supersonic has shown off brand new renders of its Overture aircraft, which it claims will become the “world’s fastest airliner.” The company unveiled the “production design” of the sleek jet, which includes four engines, a new fuselage, and fewer passenger seats… Continue reading World’s “Fastest Airliner” Could Cross Atlantic In Just 3.5 Hours

250,000 car deliveries in one quarter can’t save Tesla from dwindling revenue

The supply chain issues that have wracked the rest of the automotive industry for more than a year appear to have finally caught up with Tesla. The EV automaker announced on Wednesday’s Q2 investors report that its automotive revenue has declined by more than 13 percent following last quarter’s record-breaking mark despite ending the quarter… Continue reading 250,000 car deliveries in one quarter can’t save Tesla from dwindling revenue

Jury finds Tesla just ‘1%’ responsible for a Florida teen’s crash

Tesla is receiving minimal blame for a fiery 2018 crash in South Florida, which killed two teenagers and injured another. A jury today found Tesla just one percent responsible for the crash, reports the AP, which means it’s only responsible for paying $105,00 of the $10.5 million awarded to the teen’s family. 90 percent of… Continue reading Jury finds Tesla just ‘1%’ responsible for a Florida teen’s crash

Tesla to increase cost of FSD beta software beyond its $12,000 price tag

Tesla plans to increase the price of its branded “full self-driving” beta software, the advanced driver assistance system that CEO Elon Musk has said will mean the difference between the company “being worth a lot of money or worth basically zero.” Tesla vehicles today come standard with its driver assistance system called Autopilot. For an… Continue reading Tesla to increase cost of FSD beta software beyond its $12,000 price tag

Tesla Cybertruck on track to launch summer 2023, Elon Musk says

Tesla CEO Elon Musk confirmed Wednesday that the automaker aims to launch its long-awaited Cybertruck mid-2023. “We are still expecting to be in production with the Cybertruck in middle of next year,” Musk said during Tesla’s second-quarter financial report. “We’re very excited about that product. It might actually be our best product ever.” Although prototypes… Continue reading Tesla Cybertruck on track to launch summer 2023, Elon Musk says

Tesla’s Second-Quarter Earnings Hurt By Supply Chain Problems and Bitcoin

Tesla said Wednesday that profit in the second quarter fell nearly one-third from the first quarter as deliveries slowed because of shutdowns and raw materials shortages at the carmaker’s factory in Shanghai. Profit in the quarter was $2.3 billion, Tesla said, compared to $3.3 billion in the first quarter, which was a record. Sales fell… Continue reading Tesla’s Second-Quarter Earnings Hurt By Supply Chain Problems and Bitcoin

Tesla earnings show quarterly decline in profits, year-over-year growth

Tesla’s second-quarter earnings report tells a story of quarterly declines and year-over-year growth. The company reported Wednesday a quarterly decline in revenue and earnings as supply chain constraints, inflation and an extended shutdown in China chipped away at its bottom line. Tesla generated $16.9 billion in revenue in the second-quarter, down from $18.8 billion in… Continue reading Tesla earnings show quarterly decline in profits, year-over-year growth