Tag: tesla car

Tesla Color Wraps May Save the Cybertruck From Its Weird Self
Technology

Tesla Color Wraps May Save the Cybertruck From Its Weird Self

[ad_1] Tesla Inc. designed its stainless-steel Cybertuck to be something special: the first vehicle for the masses that doesn't require paint. It's no easy feat. The only other company to come close, DeLorean, sold just 9,000 cars before filing for bankruptcy in 1982.When Tesla starts Cybertruck deliveries on Thursday, though, it may have a devised a cheat that DeLorean couldn't: color wraps. A decorative film applied to the vehicle's exterior — and a lucrative upsell Tesla has been trying out in California — could soften the edges of a vehicle seen as too harsh for mainstream buyers. “It looks a lot more attractive with these wraps on it,” says Jessica Caldwell, head of insights for Edmunds, while scrolling through images of Cybertruck test vehicles spotted with custom prints. Across t...
Tesla executives hold market entry talks with India investment agency
Technology

Tesla executives hold market entry talks with India investment agency

[ad_1]  Two senior Tesla executives discussed the company's plans to enter India with officials from the country's investment promotion arm in New Delhi, two people with direct knowledge of the matter said, the latest in a series of high-level talks.The U.S. carmaker has expressed an interest in building a factory in India that would produce a low-cost electric vehicle (EV) priced at $24,000, around 25% cheaper than Tesla's current entry model, for both the Indian market and export. The U.S.-based executives - senior public policy and business development executive Rohan Patel, and a vice president for supply chain, Roshan Thomas - are currently in New Delhi and met officials from the Invest India agency, the two sources said, declining to be identified as the discussions were private. ...
After PM Modi’s US visit, Google, Amazon, and Microsoft announce BIG tech investments in India
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After PM Modi’s US visit, Google, Amazon, and Microsoft announce BIG tech investments in India

[ad_1] As Prime Minister Narendra Modi concluded his state visit to the US that was aimed at improving the partnership between India and the Western superpower in technology, three major corporations including Google, Amazon, and Microsoft have announced individual tech investments in India. The companies will make big capital investments and offer technology cooperation to develop the digital infrastructure of the country.Google CEO Sundar Pichai announced today, June 24, that the company will open its global fintech operations centre in Gujarat's Gandhinagar's GIFT City district. Not only that, but the search engine giant has also committed to investing in India through its $10 billion digitization fund. “It was an honour to meet PM Modi during the historic visit to the US. We shared ...
Tesla cuts prices on all models, 3rd cut this year
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Tesla cuts prices on all models, 3rd cut this year

[ad_1] Tesla cut prices on its entire U.S. electric vehicle model lineup for the third time this year in an apparent effort to lure more buyers amid rising interest rates.The largest of the cuts that appeared Friday on Tesla's website were $5,000 per vehicle for the company's slower-selling more expensive models, the S large sedan and the X big SUV. The company lopped $2,000 off the price of the Y small SUV, its most popular model, and added a lower-cost dual-motor version priced at $49,990. The 3 small sedan saw a $1,000 price cut. The moves come as Tesla's first-quarter sales grew 36% but fell short of analysts' expectations. The company said Sunday that it delivered a quarterly record of 422,875 vehicles worldwide from January to March, up from just over 310,000 a year ago. But the i...
Tesla video promoting self-driving was staged, engineer testifies
Technology

Tesla video promoting self-driving was staged, engineer testifies

[ad_1] The video, which remains archived on Tesla’s website, was released in October 2016 and promoted on Twitter by Chief Executive Elon Musk. A 2016 video that Tesla used to promote its self-driving technology was staged to show capabilities like stopping at a red light and accelerating at a green light that the system did not have, according to testimony by a senior engineer. The video, which remains archived on Tesla's website, was released in October 2016 and promoted on Twitter by Chief Executive Elon Musk as evidence that “Tesla drives itself.” But the Model X was not driving itself with technology Tesla had deployed, Ashok Elluswamy, director of Autopilot software at Tesla, said in the transcript of a July deposition taken as evidence in a lawsuit against Tesla for a 2018...
Tesla safety at centre of South Korean trial over fiery, fatal crash
Technology

Tesla safety at centre of South Korean trial over fiery, fatal crash

[ad_1] In an upscale Seoul neighbourhood two years ago, a white Tesla Model X smashed into a parking lot wall. The fiery crash killed a close friend of South Korea's president. In an upscale Seoul neighbourhood two years ago, a white Tesla Model X smashed into a parking lot wall. The fiery crash killed a prominent lawyer - a close friend of South Korea's president.Prosecutors have charged the driver with involuntary manslaughter. He blames Tesla. Choi Woan-jong, who had eked out a living by driving drunk people home in their own cars, says the Model X sped out of control on its own and that the brakes failed in the December 2020 accident. The criminal trial about to begin in South Korea hangs on questions about the safety of Tesla cars, at a time when the EV maker faces a range of law...
Tesla Official Omead Afshar Turns Up at SpaceX in New Starship Role
Technology

Tesla Official Omead Afshar Turns Up at SpaceX in New Starship Role

[ad_1] Omead Afshar, who led operations at Tesla Inc.’s new plant in Texas, is now at SpaceX working on Elon Musk’s ambitious Starship deep-space rocket. Omead Afshar, who led operations at Tesla Inc.'s new plant in Texas, is now at SpaceX working on Elon Musk's ambitious Starship deep-space rocket, according to people familiar with the matter.Afshar has been named vice president: Starship production at the company, formally known as Space Exploration Technologies Corp., according to two of the people, who asked not to be identified discussing private information. It's not known if he is now working at both companies. Afshar hasn't been seen at Tesla's Austin plant for a number of weeks, two people said. Afshar didn't immediately respond to a request for comment. Neither did represent...
Tesla Gives Demo to Agency Probing Self-Driving Claims
Technology

Tesla Gives Demo to Agency Probing Self-Driving Claims

[ad_1] Tesla Inc. demonstrated a beta version of its driver-assistance system for California transportation officials. Tesla Inc. demonstrated a beta version of its driver-assistance system for California transportation officials, including outside consultants the automaker previously sought to bar from the event. The demo of the system Tesla markets as Full Self-Driving was held last week at the Sacramento headquarters of the Department of Motor Vehicles, according to emails Bloomberg viewed via a public records request. Also at the Oct. 26 event were a representative of the Highway Patrol, a deputy secretary with the state transportation agency and three outside advisers for the DMV. At least two of the consultants have made statements critical of Full Self-Driving, or FSD. In ...
Tesla Model Y Passes Perennial Top-Sellers in Global Rankings
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Tesla Model Y Passes Perennial Top-Sellers in Global Rankings

[ad_1] BloombergNEF’s prediction that the SUV will crack the top five this year looks spot-on. Tesla just followed up a vehicle deliveries report that fell short of expectations with quarterly revenue that also was a bit lower than hoped, disappointing investors looking for a more clear-cut kibosh on debate over whether it's starting to have demand issues.Elon Musk has a broad target to grow sales around 50% annually. While the company now expects to fall just short of that mark this year, one of its models is climbing toward the top of global sales rankings. Tesla doesn't disclose the split in sales between its Model 3 sedan and Model Y sport utility vehicle, but given the latter's performance, maybe it should. BloombergNEF estimates that the company sold around 200,000 Model Ys in t...
Tesla Car Fires After Hurricane Raise Alarm for Florida Officials
Technology

Tesla Car Fires After Hurricane Raise Alarm for Florida Officials

[ad_1] A Florida senator is calling for action after a series of electric vehicle fires tied to Hurricane Ian. Florida senator is calling for action from the Transportation Department and automakers after a series of electric vehicle fires tied to Hurricane Ian. The storm caused flooding and destruction across the state, and fire officials say they are still seeing its impact with EV batteries catching fire after saltwater damage. The National Highway Traffic Safety Administration is aware of multiple fires in Tesla Inc. vehicles, the agency said in a letter sent Friday to a Florida official and obtained by Bloomberg Government. Sen. Rick Scott (R-Fla.) raised concerns about the fires to Transportation Secretary Pete Buttigieg and EV makers — including Tesla, Ford Motor Co., Gene...