Tesla says it’s finally releasing ‘full self-driving’ software after it had to ‘rewrite everything’ (TSLA)

Elon Musk said Tuesday that Tesla was releasing a beta version of its long-awaited “full self-driving” software. The billionaire said the rollout would be “extremely slow & cautious” but provided little other information about its functionality.  Tesla’s self-driving development has always bucked industry trends, sometimes with disastrous results. Visit Business Insider’s homepage for more stories.… Continue reading Tesla says it’s finally releasing ‘full self-driving’ software after it had to ‘rewrite everything’ (TSLA)

GM sells out first year of electric Hummer production

By Joseph White 3 Min Read DETROIT (Reuters) – General Motors Co said it has sold out the first year’s worth of its hulking GMC Hummer EV electric pickup truck after a splashy video reveal on Tuesday. FILE PHOTO: A logo of General Motors is pictured at its plant in Silao, in Guanajuato state, Mexico,… Continue reading GM sells out first year of electric Hummer production

Tekion Raises $150M in Series C; at $1B+ Valuation

Tekion, a San Ramon, Calif.-based cloud technology company and provider of SaaS retail operating platform, Automotive Retail Cloud, raised $150m in Series C financing round at over a $1 billion valuation. The round was led by Advent International with participation from Index Ventures, Exor (the holding company of Fiat Chrysler Automobiles and Ferrari), Airbus Ventures and… Continue reading Tekion Raises $150M in Series C; at $1B+ Valuation

Tesla supplier LG Chem to boost battery capacity

By Hyunjoo Jin, Heekyong Yang 3 Min Read SEOUL (Reuters) – Electric vehicle battery maker LG Chem 051910.KS plans to triple production capacity for cylindrical batteries used by Tesla and others, and is considering expansion in Europe and North America to meet surging demand, it said on Wednesday. FILE PHOTO: The logo of LG Chem… Continue reading Tesla supplier LG Chem to boost battery capacity

Tesla supplier LG Chem sees rising battery profit after record earnings

By Reuters Staff 1 Min Read FILE PHOTO: The logo of LG Chem is seen at its office building in Seoul, South Korea, October 16, 2020. REUTERS/Kim Hong-Ji SEOUL (Reuters) – LG Chem 051910.KS, an electric battery supplier for Tesla TSLA.O and Volkswagen VOWG_p.DE, on Wednesday forecast a further rise in its battery sales and… Continue reading Tesla supplier LG Chem sees rising battery profit after record earnings

@BMW: Taking customer experience to new heights and our investment in Tekion000670

The couple, eager to buy a new car, take their seats in the office of the car dealer. Being used to a simplified digital purchasing experience à la Apple store or Amazon, the couple would be surprised to see, on the other side of the desk, their dealer may have 10 or more different log-ons… Continue reading @BMW: Taking customer experience to new heights and our investment in Tekion000670

Tesla scales back its warranty on used cars

Sponsored Links Engadget Tesla has quietly made it less appealing to buy one of its cars used. As Electrek points out, just days ago, Tesla offered a two- to four-year warranty on used Model S and Model X vehicles. However, visit the company’s website today and you’ll see that it instead offers one-year or 10,000… Continue reading Tesla scales back its warranty on used cars

Tesla issues Model Y recall over trailer brake light failure, but the fix is an OTA software update

Tesla and NHTSA have confirmed that a recall has been issued on some Model Y vehicles over a trailer brake light failure. The good news is that the fix is an over-the-air software update. NHTSA describes the problem related to the tow package in an update: Tesla, Inc. (Tesla) is recalling certain 2020 Model Y… Continue reading Tesla issues Model Y recall over trailer brake light failure, but the fix is an OTA software update

Tesla admits design flaw led to vehicle rear bumper falling off when driving in puddles of water

Tesla admits that a problem with Model 3 vehicles led to them losing the body panel on their rear bumper when driving in puddles of water. Early on, the Model 3 had some issues with the body panel on the rear bumper falling off after driving through what drivers have described as heavy rain or… Continue reading Tesla admits design flaw led to vehicle rear bumper falling off when driving in puddles of water

Tesla reportedly cuts its four-year used car warranty to just one year

Tesla has slashed its used car warranty in another round of what could be seen as belt-tightening ahead of what is expected to be a crucial third-quarter financial report. According to Electrek, the automaker previously offered a two- to four-year warranty on used Model S and X vehicles, but now only offers a warranty of… Continue reading Tesla reportedly cuts its four-year used car warranty to just one year