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Tesla Q4 2018 Vehicle Production & Deliveries, Also Announcing $2,000 Price Reduction in US

PALO ALTO, Calif., Jan. 02, 2019 (GLOBE NEWSWIRE) — In Q4, we produced and delivered at the rate of nearly 1,000 vehicles per day, setting new company records for both production and deliveries.Production in Q4 grew to 86,555 vehicles, 8% more than our prior all-time high in Q3. This included:61,394 Model 3 vehicles, in line… Continue reading Tesla Q4 2018 Vehicle Production & Deliveries, Also Announcing $2,000 Price Reduction in US

Why Elon Musk’s latest legal bout with the United Auto Workers may have ripple effects across Silicon Valley – CNBC

Tesla’s long-simmering relationship with the United Auto Workers is heating up again.

WardsAuto Highlights AEye’s Next-Gen LiDAR System

AEye founder and CEO, Luis Dussan, tells WardsAuto how iDAR “is a step beyond today’s LiDARS systems.” Unveiled at CES 2018, AEye’s software-definable, iDAR technology is “a new form of intelligent data collection that enables rapid, dynamic perception and enhanced path planning.”

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WardsAuto Highlights AEye's Next-Gen LiDAR System — AEye’s iDAR Shatters Both Range and Scan Rate Performance Records for Automotive Grade LiDARAEye Announces the AE100 Robotic Perception System for Autonomous VehiclesBlair LaCorte Named President of AEyeThe Future of Autonomous Vehicles: Part I – Think Like a Robot, Perceive Like a HumanAEye Announces Addition of Aravind Ratnam as Vice President of Product ManagementAEye Introduces Next Generation of Artificial Perception: New Dynamic Vixels™AEye Granted Foundational Patents For Core Solid-State MEMs-Based Agile LiDAR And Embedded AI TechnologyGartner Names AEye Cool Vendor in AI for Computer VisionElon Musk Is Right: LiDAR Is a Crutch (Sort of.)Nate Ramanathan Joins AEye as Vice President of Operations

VentureBeat Says iDAR Is “Built for Speed”

VentureBeat reports that AEye’s iDAR system “is built for speed first and foremost.” While typical LiDAR systems fail to identify potential hazards quickly, AEye’s Intelligent Detection and Ranging (iDAR) system creates point cloud data called “Dynamic Vixels” which enable flexible, intelligent, and faster detection for autonomous vehicles.
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VentureBeat Says iDAR Is “Built for Speed” — The Future of Autonomous Vehicles: Part I – Think Like a Robot, Perceive Like a HumanAEye Announces the AE100 Robotic Perception System for Autonomous VehiclesAEye’s iDAR Shatters Both Range and Scan Rate Performance Records for Automotive Grade LiDARAEye Introduces Next Generation of Artificial Perception: New Dynamic Vixels™The Future of Autonomous Vehicles: Part II – Blind Technology without Compassion Is RuthlessElon Musk Is Right: LiDAR Is a Crutch (Sort of.)AEye Granted Foundational Patents For Core Solid-State MEMs-Based Agile LiDAR And Embedded AI TechnologyAEye’s iDAR Leverages Biomimicry to Enable First Solid State Lidar with 100Hz Scan RateGartner Names AEye Cool Vendor in AI for Computer VisionAutoSens Names AEye Most Exciting Start-Up in the Automotive Imaging Sector

China’s Faraday Future ends dispute with main investor

Dec 31 (Reuters) – Chinese electric vehicle developer Faraday Future said on Monday it signed a new restructuring agreement with a unit of its main investor, Evergrande Health Industry Group Ltd, ending a bitter legal fight and clearing the path for raising funds. Season Smart, which agreed to be bought by China’s Evergrande Health, will… Continue reading China’s Faraday Future ends dispute with main investor

Pickup drivers target Tesla Superchargers in “ICEing” incidents

Dodge flatbed blocking a Tesla Supercharger in Tennessee, fake charging [CREDIT: freckletan, Reddit]
People are jealous of things they can't (or don't) have.

In a spate of incidents reminiscent of “rolling coal,” truck drivers have begun seemingly intentionally blocking whole banks of Tesla Superchargers across parts of the South.

Trucks blocking Tesla Supercharing station at Sheets in Hickory, N.C. [CREDIT: Leicina, Reddit]

Photos shared across Facebook, Twitter, and Reddit over the weekend showed all kinds of trucks blocking Superchargers, from small pickups to big semis. Some have termed it ICEing—a reference to the internal combustion engines under the hoods of the offending trucks.

The incidents occurred in North Carolina, Tennessee, and Texas, and even overseas.

In two cases, whole rows of trucks either pulled across whole rows of Superchargers or backed in to block several at a time.

READ THIS: 'Rolling Coal' Fine Would Be $5,000 Under Proposed Illinois Law

In two more cases, semi-trucks pulled across rows of Superchargers, blocking them, when other parking was available.

Another time a full-size quad-cab pickup with a fifth-wheel horse trailer did the same.

One flat-bed pickup driver backed into a Supercharger spot and draped the cable onto his pickup bed so it would look like he was charging.

Trucks block Tesla Superchargers in at Hampton Inn, El Paso, Texas [CREDIT: RedfieldStandard, Reddit

So many incidents in a short period of time make it look like an organized campaign, though it's not yet clear who might be behind it.

In the North Carolina case, the pickup drivers reportedly began yelling obscenities about Tesla. Tesla driver and Reddit user Leicina contacted a Sheetz employee, who got the drivers to move the trucks. “Who do you report activity like this to?” Leicina wrote. “It was really uncomfortable.”

In an incident in El Paso, Texas, police were called.

CHECK OUT: What does a “green car” mean to you? Twitter poll results

Many cities have passed laws restricting parking at electric-car chargers, including Tesla Superchargers, to electric cars, or even to electric cars that are actively charging.

The incidents seem to reveal a growing hostility toward electric cars, or at least Teslas, as Tesla moves into more markets across the country.

President Trump has taken issue with electric cars from General Motors after the company laid off 15,000 workers and announced the closing of five factories, including the one that makes the Chevy Volt plug-in hybrid. “All-electric is not going to work,” he tweeted.

DON'T MISS: Plug-in hybrids to charge again in Beverly Hills

And he has promised his constituents that he will save the coal industry, which has not recovered, even as electric-car sales have expanded.

It's also possible that Teslas are being targeted specifically because they are expensive luxury cars and qualify for a large federal tax credit. That credit is shrinking by half for buyers who take delivery after Monday, however. Tesla owns its Superchargers. They are not a government endeavor.

40 Steps & 90 Minutes To Produce Tesla Model 3

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Published on December 30th, 2018 |

by Matt Pressman

40 Steps & 90 Minutes To Produce Tesla Model 3

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December 30th, 2018 by Matt Pressman

Originally published on EVANNEX.

As Tesla’s production ramp for the Model 3 continues to improve, so does its process. Part of this can be attributed to engineering efficiencies. Business Insider reports, “After a recent visit to the company’s Fremont, California factory, analyst Pierre Ferragu of New Street Research, far and away Tesla’s most bullish analyst on Wall Street, said the sedan is ‘biblical’ in its simplicity.”

A look at the Tesla factory in Fremont, California (Image via Tesla)

“We could see the Model 3 assembled, from an empty body to a fully functional car in a bit more than 40 steps and 90 minutes, on a line about 1,000 feet long,” Ferragu said in a note to clients. “Its simplicity is unbelievable.”

In contrast, “A comparable car by any traditional automaker could take anywhere from 130 to 200 steps, Ferragu says, easily setting the Model 3 apart. The findings are similar to what UBS’ Evidence Lab found when tearing down a Model 3 earlier this year, finding ‘next-gen, military grade’ tech below the finish.”

As production picks up at Tesla’s factory, more Model 3s are hitting the roads.

“Model 3 has a bit more than a kilometer of cable, vs. 3x that for equivalent traditional premium cars. But this still feels half-baked,” Ferragu said. “Ultimately, a car with a battery, a motor or two and a screen should have 2 power systems (high and low voltage) and one communication network. For that, about 100m of cabling per car should be necessary.”

Ferragu acknowledges Tesla has plenty of room for improvement. A “crowded mess” and “unnecessary complexity” are still evident from Tesla’s early ramp phase of the company’s Model 3 production process, according to Barron’s. However, as production steadily improves, Ferragu says, “The road to 7,000 units per week seems easy, and limited capital expenditures will be required (in the low tens of millions) to get to 10,000.”

More on Analyst Pierre Ferragu’s observations of the Tesla Model 3 production line at the company’s Fremont factory (YouTube: Wochit Tech)

“We don’t know for sure what demand will ultimately be, but we know that from here, Tesla will expand its price range, introduce leasing, and expand internationally,” Ferragu notes. “All these levers combined have a lot of depth and should be more than enough to get to 10,000 Model 3 per week at the end of next year.”

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About the Author

Matt Pressman is all about Tesla. He’s a TSLA investor, pre-ordered the Model 3, and loves driving the family's Model S and Model X company cars. As co-founder of EVANNEX, a family business specializing in aftermarket Tesla accessories, he’s served as a contributor/editor of Electric Vehicle University (EVU) and the Owning Model S and Getting Ready for Model 3 books. He writes daily about Tesla and you can follow his work on the EVANNEX blog.

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Elon Musk Thinks the First Mars Settler Could Be an AI

The MartAIn SpaceX CEO Elon Musk wants to establish a base on Mars — but he isn’t sure its first resident will be human. On Friday, the mercurial billionaire responded to a question on Twitter about whether a sophisticated artificial intelligence might touch down on the Red Planet before human colonists. Musk’s answer: 30 percent. 30%… Continue reading Elon Musk Thinks the First Mars Settler Could Be an AI

General Motors shares soar as SoftBank invests $2.25 billion in automaker’s self-driving vehicles – CNBC

General Motors said Thursday that SoftBank Vision Fund plans to invest $2.25 billion in GM Cruise Holdings, further boosting the automaker’s efforts with autonomous vehicle technology. GM shares were up nearly 11 percent midmorning Thursday, on track for their best day since the company went public again in November 2010. GM also will make a… Continue reading General Motors shares soar as SoftBank invests $2.25 billion in automaker’s self-driving vehicles – CNBC

More Insight Into Tesla’s New Board Chair, Robyn Denholm

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Published on December 29th, 2018 |

by Matt Pressman

More Insight Into Tesla’s New Board Chair, Robyn Denholm

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December 29th, 2018 by Matt Pressman

Originally published on EVANNEX.

Questions arose when Tesla announced its new board chair, Robyn Denholm. How might the seasoned executive interface with Tesla’s hard-charging CEO Elon Musk? Richard Walters (via Financial Times) reports that “Ms Denholm has always described herself as direct — the product of a pragmatic Australian upbringing that has left her with a no-nonsense view of the world.”

It’s reported that, “Ms Denholm grew up in Milperra, a small town in Sydney’s sprawling western suburbs. Her parents owned a service station, where she used to pump petrol, do the accounts and repair cars — a pursuit that got her interested in automobiles.” Denholm went on to work at “Toyota in Australia, where she rose to the position of national finance manager and became one of the few women to reach a senior level at the time.”

Later, “Ms. Denholm left Australia for Silicon Valley,” transitioning into the tech sector working with the likes of Sun Microsystems and Juniper Networks. And according to Pierre Ferragu, a Wall Street analyst who covered Juniper Networks, “She has a proven record for dealing with very high-ego individuals.”

Ferragu says, “Robyn is the exact opposite: she can remain very calm, very stable. She is a less visible personality, but she’s very good at driving things without having to be in the lead.” He adds, “She has a quiet self-confidence … very on top of what was happening in the business.”

Denholm was recently named Tesla’s new board chair (Photo by Jakob Härter, CC BY-SA license)

Denholm has taken calculated risks in her career to succeed. “I don’t jump out of planes or bungee jump or any of that stuff,” she told The Australian. “But I do take professional risks. You make the best decisions you can with all the information you have — and you have to move quickly. You’re not pushing hard enough if you never make mistakes.”

Denholm has been on Tesla’s board for four years, serving as non-executive director and chairing the board’s audit committee. In the Australian Financial Review, she was asked about her experience at Tesla and replied, “It’s great, and he [Musk] is great, he’s just phenomenal.”

In turn, Musk has admiration (and praise) for Denholm. He tweeted, “Would like to thank Robyn for joining the team. Great respect. Very much look forward to working together.” According to Tesla, “Robyn will be leaving her role as CFO and Head of Strategy at Telstra, Australia’s largest telecommunications company,” in order to serve as Tesla’s new board chair on a full-time basis.

Denholm describes how “constructive conflict” can improve collaboration (YouTube: Telstra Wholesale)

The road ahead for the electric carmaker won’t be easy. Musk has noted that, “Tesla’s like a drama magnet.” But Denholm welcomes conflict. She’s openly discussed nurturing conflict while “teasing out those ideas” that bring about successful outcomes. At Telstra (see video above), she said, “I actually think conflict is great … I mean constructive conflict where you’ll actually debate around an idea or go backward and forwards on how to iterate on an idea. I think that’s really important.”

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