Elon Musk warns that Tesla is about to increase the price of its ‘Full Self-Driving’ package as the company now sits on around half a billion in unrecognized revenue from the unreleased feature. There are many things about how Tesla is approaching self-driving technology that makes it different from the rest of the auto industry.… Continue reading Elon Musk warns of Tesla Self-Driving price increase as they sit on half a billion in unrecognized revenue
Tag: Tesla
GM’s Mary Barra asked about possible Corvette SUV: How she responded
CLOSE 2020 Chevrolet Corvette Stingray (Photo: Mark Phelan) When driving a hot performance car, who needs to be low to the ground? Certainly not some Wall Street analysts. During General Motors’ third-quarter earnings call Tuesday, one analyst asked GM CEO Mary Barra: How about a Corvette SUV? Barra, unruffled, tactfully replied, “I appreciate that you think our Corvette franchise… Continue reading GM’s Mary Barra asked about possible Corvette SUV: How she responded
Buffett-backed BYD warns on 2019 profit as Chinese market contracts
BEIJING (Reuters) – Chinese electric car maker BYD Co Ltd said on Tuesday it expected full-year net profit to fall by as much as 43%, as sales of new energy vehicles in the world’s biggest auto market plunged following a cut in government subsidies. FILE PHOTO – A bus, manufactured by China’s BYD, is seen… Continue reading Buffett-backed BYD warns on 2019 profit as Chinese market contracts
Electrify America To Make Plug&Charge Fully Operational In 2020
With Plug&Charge, the car itself will become a kind of access card for the charging networks. Electrify America re-confirmed its intention to offer “Plug&Charge” technology in partnership with Hubject, to streamline the charging process through automation of authentication and billing. When the new system will be fully operational in 2020, drivers should be able to… Continue reading Electrify America To Make Plug&Charge Fully Operational In 2020
Pedestrian detection systems produce mixed results in safety study
(Reuters) – The performance of modern pedestrian detection systems varies widely between carmakers, with high-end luxury brands generally faring better and other models failing to recognize pedestrians altogether, according to a study released on Tuesday by a U.S. insurance research group. FILE PHOTO: Philip Floyd, senior engineering technician for the Insurance Institute for Highway Safety… Continue reading Pedestrian detection systems produce mixed results in safety study
Elon Musk said he probably wouldn’t support Tesla’s controversial SolarCity deal if he could go back in time (TSLA)
Tesla CEO Elon Musk likely wouldn’t advocate for the electric-car maker‘s 2016 acquisition of the solar-panel company SolarCity if he could go back in time, he said in a June deposition. Musk cited the difficulty of the early stages of production for Tesla’s Model 3 sedan, which took significant resources away from Tesla’s energy division… Continue reading Elon Musk said he probably wouldn’t support Tesla’s controversial SolarCity deal if he could go back in time (TSLA)
VW ramps up China electric car factories, taking aim at Tesla
FRANKFURT/ZWICKAU (Reuters) – Volkswagen AG (VOWG_p.DE) is ramping up production of electric cars to around 1 million vehicles by end of 2022, according to manufacturing plans seen by Reuters, enabling the German carmaker to leapfrog Tesla Inc and making China the key battleground. A future charging facility for autonomous vehicles using Stable robotics and Electrify… Continue reading VW ramps up China electric car factories, taking aim at Tesla
Waymo tests ‘rider only’ service and looks beyond robo-taxis
DETROIT (Reuters) – Waymo Chief Executive John Krafcik said the self-driving vehicle company is now offering limited “rider-only” trips in Phoenix, Arizona, as it looks beyond the robo-taxis business to generate future revenue. FILE PHOTO: A Jaguar I-PACE self-driving car is pictured during its unveiling by Waymo in the Manhattan borough of New York City,… Continue reading Waymo tests ‘rider only’ service and looks beyond robo-taxis
VW’s electric bet in China brings global muscle to zero-emissions race
FRANKFURT/ZWICKAU (Reuters) – Volkswagen AG (VOWG_p.DE) is ramping up production of electric cars to around 1 million vehicles by end of 2022, according to manufacturing plans seen by Reuters, enabling the German carmaker to leapfrog Tesla Inc (TSLA.O) and making China the key battleground. A future charging facility for autonomous vehicles using Stable robotics and… Continue reading VW’s electric bet in China brings global muscle to zero-emissions race
Porsche pilots online vehicle sales in the US and Germany
Porsche will begin selling its vehicles online in the U.S. for the first time, the company announced on Monday. To begin with, the company is proceeding with a pilot program that will be offered with 25 of its U.S.-based dealer partners, but the automaker says it could expand to cover the U.S. market more broadly… Continue reading Porsche pilots online vehicle sales in the US and Germany