Tag: tesla cars

Elon Musk: ‘AI stresses me out’
3Mar By adminNo Comments
Technology

Elon Musk: ‘AI stresses me out’

[ad_1] Elon Musk has clashed often with securities regulators and highway safety authorities, but there's one area the Tesla and Twitter chief says the government should regulate now: Artificial Intelligence. "AI stresses me out," Musk said near the end of a more than three-hour presentation to Tesla investors about company plans. Tesla's own ambitious artificial intelligence efforts had a featured role in the presentation of Musk's "Master Plan 3", the third part of a series of papers on how to expand Tesla and convert the world to clean energy. There was a video of a Optimus humanoid robot, being developed by Tesla, manipulating parts of other Optimus robots as if it intended to assemble replicas of itself. Executives gave detailed presentations about how Tesla is using artifi...
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Tesla offers $7500 discount in rare move to lift deliveries
23Dec By adminNo Comments
Technology

Tesla offers $7500 discount in rare move to lift deliveries

[ad_1] Tesla Inc. is offering US consumers $7,500 to take delivery of its two highest-volume models before year-end, adding to indications the carmaker is struggling with demand. Tesla Inc. is offering US consumers $7,500 to take delivery of its two highest-volume models before year-end, adding to indications the carmaker is struggling with demand. The discount on new Model 3 sedans and Model Y sport utility vehicles is double what the company was offering earlier this month. It mirrors an anticipated change in how much of a tax credit certain consumers will be eligible for early next year. It's highly unusual for Tesla to offer such perks, as Elon Musk has for years enforced a no-discounts policy. The company also departed from its chief executive officer's insistence against sp...
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Tesla Isn’t Having the Epic End to the Year Elon Musk Predicted
14Dec By adminNo Comments
Technology

Tesla Isn’t Having the Epic End to the Year Elon Musk Predicted

[ad_1] Price and production cuts contribute to the CEO squandering his status as world’s richest person. Elon Musk's prediction that Tesla would have an “epic” end of year looks more off base by the day. The ebullient outlook the CEO offered during the carmaker's last earnings call has given way to price and production cuts in China. In the US, Tesla is offering consumers something previously unthinkable: a $3,750 incentive to take delivery of certain vehicles now, rather than wait for the new year. “Tesla increasingly appears to have a demand issue,” Toni Sacconaghi, a Bernstein analyst with the equivalent of a sell rating on the stock, wrote in a report last week. He believes Tesla will need to slash prices further to stimulate demand in China, plus make permanent cuts to the c...
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Tesla launches in Thailand, vying to compete with China EVs
7Dec By adminNo Comments
Technology

Tesla launches in Thailand, vying to compete with China EVs

[ad_1] Tesla has launched sales in Thailand, offering its popular Model 3 and Model Y at prices aimed at competing with rivals like China's BYD. Tesla has launched sales in Thailand, offering its popular Model 3 and Model Y at prices aimed at competing with rivals like China's BYD. The company staged a glitzy showcase of its plans Wednesday at Bangkok's Siam Paragon mall. Online purchases have begun, with plans to deliver vehicles to buyers in the first quarter of next year. Southeast Asia's market of more than 600 million consumers is increasingly a focus for automakers looking to expand sales, especially of electric vehicles. Tesla said the vehicles will have the latest satellite navigation systems and other features such as over-the-air software updates. The company is sell...
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Elon Musk Blinks; Tesla China Strategy Revamped Over Fierce Rivalry
22Nov By adminNo Comments
Technology

Elon Musk Blinks; Tesla China Strategy Revamped Over Fierce Rivalry

[ad_1] Tesla is changing its marketing approach in China as fierce competition from domestic rivals and uneven demand puts its growth plans at risk. Tesla Inc. is changing its marketing approach in China as fierce competition from domestic rivals and uneven demand puts its growth plans in the world's biggest electric-car market at risk. The EV pioneer has extended insurance subsidies of as much as 8,000 yuan ($1,100) for new buyers, according to a post on its Weibo account, reinstated a user referral program and even advertised on a local TV shopping channel -- a rare move for a company that's proudly eschewed traditional advertising avenues.  The moves come after Tesla cut prices across its Chinese lineup for the first time in 15 months in October, as it faces a slew of headwinds the...
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Tesla Official Omead Afshar Turns Up at SpaceX in New Starship Role
10Nov By adminNo Comments
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...
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Tesla Model Y Passes Perennial Top-Sellers in Global Rankings
20Oct By adminNo Comments
Technology

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...
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The challenges automakers, and now Tesla, face with humanoid robots
20Sep By adminNo Comments
Technology

The challenges automakers, and now Tesla, face with humanoid robots

[ad_1] Tesla's CEO Elon Musk is set to unveil its prototype humanoid robots at an event on Sept. 30, hoping to expand beyond self-driving cars Tesla's CEO Elon Musk is set to unveil its prototype humanoid robots at an event on Sept. 30, hoping to expand beyond self-driving cars that have not yet become reality despite his repeated promises.While robots are widely used for specialist tasks at factories, other companies have struggled to create commercially viable human-like robots, despite decades-long development efforts. "This market is very, very challenging market because you buy this big expensive robot, but it actually cannot do much," Heni Ben Amor, a robotics professor at Arizona State University, said. TESLATesla's hu...
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