Tag: tesla cars

Video: Indians In US Put Up A Light Show With Tesla Cars Ahead Of Ram Temple Event
Business

Video: Indians In US Put Up A Light Show With Tesla Cars Ahead Of Ram Temple Event

[ad_1] Car rallies were also held in 21 cities in the USWashington: A week ahead of the grand consecration of the Ram Mandir in Ayodhya, Ram Bhaktas held car rallies in 21 cities across the US with the enthusiastic participants in the national capital organising an innovative Tesla Car musical show dedicated to Lord Ram.Over 100 Ram Bhakts, each owning a Tesla Car, gathered at Shri Bhaktha Anjaneya Temple in Frederick City -- a Maryland suburb of Washington DC -- on Saturday night.They used one of the key features of Tesla cars wherein the headlights and speakers of these Tesla cars synced with a popular number dedicated to Lord Ram.#WATCH | Vishwa Hindu Parishad (VHP) of America organised an Epic Tesla Musical Light show in Maryland ahead of the Ram Mandir 'Pran Pratishtha' in Ayodhya o...
In Big Blow to Elon Musk, Tesla Recalls 2 Million Cars to Fix Autopilot Safety Flaws
Technology

In Big Blow to Elon Musk, Tesla Recalls 2 Million Cars to Fix Autopilot Safety Flaws

[ad_1] Tesla Inc. will fix more than 2 million vehicles — its biggest recall ever — after the top US auto-safety regulator determined its driver-assistance system Autopilot doesn't do enough to guard against misuse. The move is the result of a years-long defect investigation that the National Highway Traffic Safety Administration will keep open to monitor the efficacy of Tesla's fixes. A NHTSA spokesperson said the probe found that Tesla's means for keeping drivers engaged were inadequate. “Automated technology holds great promise for improving safety, but only when it is deployed responsibly,” NHTSA said Wednesday. “Today's action is an example of improving automated systems by prioritizing safety.” Tesla said in its recall report that it expected to start deploying an over-the-air so...
It’s Done. The Future Is Battery-Powered Electric Cars
Technology

It’s Done. The Future Is Battery-Powered Electric Cars

[ad_1] The rise of electric cars is staggering.Over the past decade, Teslas have gone from being the car of the uber rich to the car of the Uber driver. All of the major automakers are taking the plunge on EVs, which is driving down prices and expanding available options. Globally, this year will see more than 14 million electric cars sold, according to BloombergNEF, compared with just 700,000 in 2016. And some 23 countries have now passed a crucial EV tipping point — 5% of new-car sales — after which adoption picks up dramatically. In China, the biggest EV market, 38% of new-car sales were electric in August. “We're off to the races on EV adoption in China now,” says Colin McKerracher, head of Advanced Transport at BloombergNEF, on this week's episode of Zero. Despite the tacit consens...
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. ...
Tesla Chargers Win More Backers as Its Plug Becomes US Standard
Technology

Tesla Chargers Win More Backers as Its Plug Becomes US Standard

[ad_1] Tesla Inc.'s charging technology won more backers as a handful of players in the electric-vehicle power industry said they would offer compatible equipment, further solidifying the automaker's system as the US standard.ChargePoint Holdings Inc., Blink Charging Co. and Wallbox NV each said Monday they will have chargers capable of working with Tesla's North American Charging Standard, which is quickly winning in competition with the so-called Combined Charging System. Australia's Tritium DCFC Ltd. also said it would offer an NACS connector option with its chargers. The rapid succession of announcement comes just days after car giants General Motors Co. and Ford Motor Co. agreed to join with Elon Musk's company by adopting standardized NACS ports in future models. These latest move...
Tesla offering discounts of over $1,300 on some U.S. Model 3 cars
Technology

Tesla offering discounts of over $1,300 on some U.S. Model 3 cars

[ad_1] Tesla is offering discounts of more than $1,300 on some Model 3 cars in its U.S. inventory following even heavier discounts in Europe, according to a Reuters' review of its website, even as the electric carmaker has raised U.S. prices on most newly ordered cars this month. Facing economic headwinds and mounting competition, Tesla this year has aggressively cut vehicle prices in several regions and is resorting to the traditional automakers' tactic of offering incentives to clear inventory, analysts said. On Tuesday, CEO Elon Musk told shareholders Tesla will try advertising for the first time, a move analysts said could drum up demand. Musk warned Tesla was not immune to the global economy, predicting it will be difficult for the next 12 months. Tesla slightly raised prices of ...
Tesla ‘serious’ on establishing India production, innovation base, minister says
Technology

Tesla ‘serious’ on establishing India production, innovation base, minister says

[ad_1] Tesla Inc is "serious" about its plans to establish a manufacturing base in India, the country's deputy minister for technology told Reuters in an interview on Friday, a day after meeting senior executives of the electric vehicle maker. The Elon Musk led U.S. automaker held talks with Indian officials this week on various topics including incentives for car and battery manufacturing, Reuters reported on Thursday, as Tesla looks anew at entering the Indian market. "They are very seriously looking at India as a production and innovation base," Rajeev Chandrasekhar said in the first public comment by an Indian government official on the talks. "We have signalled to them that the government of India is working together (and) will certainly make whatever ambitions they have or inves...
Why Tesla keeps changing its prices
Technology

Why Tesla keeps changing its prices

[ad_1] Tesla Inc. has done seemingly nonstop tinkering with its prices this year, moving them lower in dramatic fashion only to occasionally bump them back up. What gives? Chief Executive Officer Elon Musk has said he's willing to prioritize growth over profits, a stance that has made some investors wary and irked more than a few customers who bought before the discounts. There are a number of factors at play here, and a lack of consensus as to whether it all amounts to disruption or desperation. Here's what you need to know: Tesla has a floating-price strategyFor years, Tesla's cheapest car closely tracked the average amount US consumers were paying for new vehicles. Only $300 or so separated the starting price of the Model 3 and the industry's average transaction price. When the sed...
Elon Musk Likely Must Give Deposition in Fatal Tesla Autopilot Crash Suit
Technology

Elon Musk Likely Must Give Deposition in Fatal Tesla Autopilot Crash Suit

[ad_1] A California judge presiding over a wrongful death lawsuit against Tesla Inc. found it “deeply troubling” that the electric-car maker claims videos of Elon Musk touting Autopilot may not actually be real. Confronted with Tesla's suggestion that some clips could be digitally altered deep fakes and therefore not suitable as evidence, the judge came up with an elegant solution: Put the billionaire entrepreneur and artificial intelligence enthusiast under oath and have him testify as to which statements coming out of his mouth are authentic. If a tentative order to that effect by Santa Clara County Superior Court Judge Evette Pennypacker becomes final, it would be a watershed moment in the escalating controversy over Tesla's driver-assistance technology. Tesla and Musk are under le...
Elon Musk Is Willing to Bet Tesla’s Profits on a Driverless Dream
Technology

Elon Musk Is Willing to Bet Tesla’s Profits on a Driverless Dream

[ad_1] Elon Musk is years behind on his ambition to render Tesla Inc.'s cars fully autonomous. He's now saying in no uncertain terms that he's willing to bet the company's profit margins on making it happen.Musk said on a conference call last week that Tesla has the wherewithal to sell cars at “zero profit” and then earn immense sums later off driverless software. The trouble with that for investors? His predictions since at least 2019 that autonomous Teslas are just around the corner haven't panned out. “We're the only ones making cars that technically we could sell for zero profit for now, and then yield actually tremendous economics in the future through autonomy,” Musk said April 19. “I'm not sure how many of you will appreciate the profundity of what I've just said, but it is extre...