May 16, 2018 Roadstar.ai, a Shenzhen-based AI-powered self-driving technology startup founded by former Google and Tesla engineers, announced that it has raised $128 million in Series A funding round, the biggest-ever investment made into a Chinese startup in the country’s autonomous driving industry. In a statement posted on its website, Roadstar.ai said the latest funding… Continue reading Chinese self-driving tech startup Roadstar.ai raises industry record funding of $128m
Tag: Tesla
Tesla’s senior management before conversion: These are the main men and women behind Elon Musk
Jeffrey Brian (JB) Straubel, Tesla’s chief technical officer The forty-two-year-old Stanford University graduate engineer occasionally appears on Elon Musk’s site, and his word is likely to be with Musk. Straubel co-founded Tesla with Musk in 2003, he is considered the technical mastermind of the electric car manufacturer. As technical director, he also sits on the… Continue reading Tesla’s senior management before conversion: These are the main men and women behind Elon Musk
UPDATE 1-Tesla loses two top executives at energy unit – Bloomberg
(Reuters) – Tesla Inc’s (TSLA.O) energy unit has lost two major executives, Bloomberg reported on Tuesday, citing people familiar with the matter. The company logo is seen in front of a showroom of U.S. car manufacturer Tesla in Zurich, Switzerland March 28, 2018. REUTERS/Arnd Wiegmann Arch Padmanabhan, the product director for Tesla’s stationary storage unit,… Continue reading UPDATE 1-Tesla loses two top executives at energy unit – Bloomberg
Tesla plans six-day stoppage at factory for assembly line fixes: sources
SAN FRANCISCO (Reuters) – Tesla Inc (TSLA.O) will pause production at its California factory for six days at the end of the May to work on fixes to its assembly line for its new Model 3 sedan, sources inside the company told Reuters. A Tesla logo is seen in Los Angeles, California U.S. January 12,… Continue reading Tesla plans six-day stoppage at factory for assembly line fixes: sources
Tesla Model 3 software updates revealed
As Tesla has been working to ramp up assembly of its more affordable Model 3 sedan, the company has also been adding features to existing examples with its over the air software updates. We spoke with Tesla to learn the extent of updates and found five updates that have been rolled out to existing Model… Continue reading Tesla Model 3 software updates revealed
Elon Musk says Tesla will be ‘thoroughly reorganised’
Tesla’s chief executive Elon Musk has told staff the firm is undergoing a “thorough reorganisation” after two of its cars were involved in crashes last week. The tech billionaire’s email to employees also comes amid production problems and senior staff departures, with shares falling 2.1% to $297 on Monday. Mr Musk said the restructuring plans… Continue reading Elon Musk says Tesla will be ‘thoroughly reorganised’
China’s FAW to invest $260m in EV startup Byton’s Series B round
May 15, 2018 Chinese state-owned carmaker FAW Group has agreed to invest around $260 million in China-backed electric car start-up Byton as part of an ongoing series-B funding round, two people with knowledge of the matter told Reuters on Tuesday. The deal was signed over the weekend in Nanjing where Byton is building its headquarters and production… Continue reading China’s FAW to invest $260m in EV startup Byton’s Series B round
UPDATE 6-Musk says ‘thorough reorganization’ underway at Tesla
WASHINGTON (Reuters) – Tesla Inc (TSLA.O) chief Elon Musk told employees on Monday the company was undergoing a “thorough reorganization” as it contends with production problems, senior staff departures and recent crashes involving its electric cars. In his email to staff, Musk said Tesla was “flattening the management structure to improve communication,” combining functions and… Continue reading UPDATE 6-Musk says ‘thorough reorganization’ underway at Tesla
Musk Says He’s ‘Flattening’ Tesla Structure With Defections Mounting
The Tesla Inc. management ranks that Elon Musk told employees he’s “flattening” had already been raising eyebrows by how quickly it was thinning out. Musk announced a “thorough reorganization” in a memo to employees Monday, saying Tesla was changing its structure to improve communication, combine functions and get rid of activities that aren’t “vital to… Continue reading Musk Says He’s ‘Flattening’ Tesla Structure With Defections Mounting
Tesla rejected more advanced driver monitoring features on its cars
Engineers inside Tesla wanted to add robust driver monitoring systems to the company’s cars to help make sure drivers safely use Autopilot, and Tesla even worked with suppliers on possible solutions, according to The Wall Street Journal. But those executives — Elon Musk included — reportedly rejected the idea out of worry that the options… Continue reading Tesla rejected more advanced driver monitoring features on its cars